| Oct 16, 2013
| 12:57 PM
World financial leaders have been warning for weeks that the U.S. congressional gridlock over funding the government and raising the debt ceiling are imperiling economies worldwide and undermining confidence in the U.S. dollar.
Even the news Wednesday...
| Jun 19, 2013
| 5:00 AM
WASHINGTON -- A difficult task awaits Federal Reserve Chairman Ben S. Bernanke when he faces the TV cameras Wednesday in his quarterly news conference.
He has to try to reassure investors, analysts and politicians that the central bank has a plan for...
| Jun 14, 2013
| 10:42 AM
WASHINGTON -- The International Monetary Fund on Friday urged U.S. officials to scale back its automatic federal spending cuts, warning that they were "excessively rapid and ill-designed" and were hurting the nation's economic recovery
| May 23, 2013
| 12:30 PM
LONDON -- Scotland Yard has announced the arrest of two new suspects in the case of a young soldier who was hacked to death on a London street in an apparent terrorist attack.
The new suspects, a man and a woman, both 29, were arrested on suspicion of...
| May 23, 2013
| 5:47 AM
PARIS -- Christine Lagarde, the head of the International Monetary Fund, was questioned by a judge Thursday over her role in a $366-million payout to a businessman supporter of former French President Nicolas Sarkozy.
Lagarde appeared in a Paris court to...
| Sep 11, 2013
| 1:23 PM
It’s been a hangout of intellectuals and politicians for about 450 years, and for the last 40, the gorgeous Villa d’Este on Lake Como in Italy has been the place where other politicians and intellectuals, joined by the modern-day aristocrats...
| Oct 29, 2012
| 7:32 AM
A Greek investigative journalist appeared in court Monday on charges of breaching privacy after he published a list of 2,000 names of people suspected of stashing more than a billion euros in Swiss bank accounts. Kostas Vaxevanis says the list is the same...
| Nov 1, 2012
| 4:22 PM
An Athens court on Thursday acquitted a Greek journalist accused of breaching privacy and data protection laws for publishing a list of more than 2,000 Greeks with Swiss bank accounts....
| Dec 8, 2012
| 4:52 PM
The fiscal cliff will take center screen on Sunday morning talk shows. The guest lineup: Alan Simpson and Erskine Bowles, co-chairs of President Barack Obama's deficit commission, visit CBS' “Face the Nation.” The program airs at 10:30 a.m. on...
| Aug 23, 2013
| 4:43 PM
As the Federal Reserve weighs an imminent cut in its extraordinary economic stimulus, many outside the United States are pleading with the Fed: "Would you consider the impact on us too?"
That essentially was the message Friday from the head of the...
| Dec 11, 2012
| 6:17 AM
Washington -- It's crunch time for avoiding the fiscal cliff as President Barack Obama and House Speaker John Boehner and their aides hold private talks on issues that will impact every American.
Three weeks remain to cut a deal before the automatic...