| Jun 18, 2015
| 1:53 PM
European Union finance ministers and major lenders warned Greece on Thursday that catastrophe looms within days for the heavily indebted country unless it brings a credible plan for reforming the economy to eleventh-hour negotiations now at an impasse....
| Jun 18, 2015
| 3:30 AM
Time is running out for Greece to reach a compromise with its creditors to get more money before risking a default that could plunge the 19-nation euro currency bloc and global markets into crisis.
Greece's bailout package expires on June 30, and...
| Jun 16, 2015
| 2:43 PM
With evidence that the U.S. economy is rebounding from a winter slump, the Federal Reserve will likely signal this week that an interest rate increase is coming — just not quite yet.
Many economists say that if the economy keeps improving, the...
| Jun 9, 2015
| 12:18 AM
Sometimes even a nation's leader can't get a word in edgewise.
In an awkward moment at the Group of Seven summit in Germany Monday, Iraqi Prime Minister Haider al-Abadi seeks to get President Barack Obama's attention.
Obama, seated on a...
| Jun 8, 2015
| 10:21 AM
After spending much of the first day talking about Ukraine, leaders of the Group of Seven wealthy democracies shifted their focus Monday to global issues including climate change, terrorism and the threat from diseases such as Ebola.
| Jun 6, 2015
| 2:20 PM
GARMISCH-PARTENKIRCHEN, Germany �� European Commission President Jean-Claude Juncker rejected a phone call Saturday from Greek Prime Minister Alexis Tsipras asking for a new round of talks on Athens' deepening debt crisis, but that does...
| Jun 5, 2015
| 6:31 AM
U.S. employers added a robust 280,000 jobs in May, showing that the economy is back on track after starting 2015 in a slump.
The Labor Department said Friday that the unemployment rate ticked up to 5.5 percent from 5.4 percent in April. But that...
| Jun 3, 2015
| 2:47 PM
As FIFA president Sepp Blatter began his speech on Tuesday, my jaw dropped.
"I have been reflecting deeply about my presidency and about the 40 years in which my life has been inextricably bound to FIFA and the great sport of football," Blatter said....
| Apr 14, 2015
| 2:42 PM
Something's not quite right.
You wouldn't know it if you looked at the stock market, which has been soaring recently in Europe, Japan and China and is up modestly in the U.S. too. But economists know something's off kilter — that the hangover from...
| Apr 14, 2015
| 7:40 AM
Global economic growth is likely to remain modest and highly uneven, and the longer-term prospects are even more sobering, according to the International Monetary Fund.
The IMF, in its latest outlook released Tuesday ahead of its spring meeting in...
| Feb 24, 2015
| 7:45 AM
Greece's creditors in the 19-country eurozone on Tuesday approved a list of reforms Athens proposed to get a 4-month extension to its bailout, which should keep the country afloat over the coming months.
An encouraging reaction from the so-called...