| Dec 14, 2013
| 9:47 AM
LONDON – After three difficult years, Ireland is to emerge from its financial bailout program Sunday, the first nation to do so out of the five Eurozone countries that have had to seek rescue funds from international lenders.
But official relief...
| Sep 22, 2013
| 3:35 AM
LONDON — Germans began heading to the polls Sunday morning in an election that will probably see their popular chancellor, Angela Merkel, voted in for a third term but forced to share power in government with one of the runner-up parties.
| Sep 23, 2013
| 10:03 AM
LONDON -- Fresh from her party’s best election showing in more than 20 years, German Chancellor Angela Merkel started the tricky task Monday of forming a new government after her preferred coalition partner was ousted from parliament in a shocking...
| Apr 17, 2013
| 1:58 PM
The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe.
Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...
| Nov 5, 2013
| 6:54 AM
WASHINGTON -- Lael Brainard, the Treasury department's top official in dealing with global financial issues, will step down this week amid speculation she could be nominated to the Federal Reserve Board.
Brainard has served as undersecretary for...
| Jul 17, 2013
| 5:12 PM
ATHENS – Bowing to pressure from international lenders, Greece on Wednesday moved to put more than 25,000 state workers on notice for dismissal by the end of the year in the first official winnowing of its costly civil sector.
| Jul 26, 2013
| 6:40 AM
WASHINGTON -- A Federal Reserve pullback of its economic stimulus efforts could reignite the European debt crisis as that region struggles to recover from its longest-ever recession, the International Monetary Fund warned.
In its annual assessment of...
| Jul 26, 2013
| 8:23 AM
In an effort to avoid illness outbreaks from imported foods, the U.S. Food and Drug Administration has proposed new rules that would require importers to verify that their suppliers' standards are on par with those of domestic growers and processors....
| Jul 26, 2013
| 10:30 AM
WASHINGTON -- Clear communication and proper timing are key to the Federal Reserve ending its unprecedented stimulus efforts without damaging the improving U.S. economic recovery, the International Monetary Fund said Friday.
With Fed policymakers set to...
| Aug 14, 2013
| 8:29 AM
The Eurozone, which has struggled with a debt crisis and a prolonged recession, saw its economy expand for the first time in 18 months, according to figures released Wednesday.
Eurostat, the European Union’s statistical agency, said the...
| Dec 17, 2013
| 8:35 AM
LONDON — She’s once, twice, three times a chancellor: Angela Merkel, Germany’s first female leader, was sworn in Tuesday for her third term, underlining her dominance on the political scene in Europe’s biggest economy.