February 22, 2012
U.S. Investors Brace for a Third Bailout in Greece
With a second bailout for Greece in the rearview, investors need to accept the idea of a third rescue for the troubled country.
Economic News
Bank of England panel split on size of stimulus
Bank of England rate-setters were divided this month on the vote to inject another 50 billion pounds ($79 billion) into the British economy, with two members arguing that a bigger stimulus was needed, …
Euro: Why is the Market So Reserved after Greece’s Bailout?
Euro: Why is the Market So Reserved after Greece’s Bailout?
February 21, 2012
Fed’s housing blueprint is lost in din of politics
In mid-2011, with the U.S. economy at risk of a new recession, top Federal Reserve officials began to explore a different way to shore up the recovery: looking for fixes for the battered housing market. …
US stock futures higher after Greek bailout deal
U.S. stock futures were higher Tuesday after Europe finally put together a bailout for Greece. Strong earnings reports from some key U.S. retailers also helped.Dow Jones industrial average futures were …
In Latest Greek Bailout, Warning Signs for Europe
Greece’s 130 billion euro bailout highlights the weaknesses in Europe’s response to the sovereign debt crisis, problems that could flare up and undermine recovery efforts in countries like Italy, Spain, …
FACT CHECK: Artful swerves on the auto bailout
Michigan has become squirm central for Republican presidential candidates who are trying to explain their opposition to the auto bailout before the big primary in the home of automakers. Their tale is …
Euro Soars as EU Officials Reach Deal on Second Greek Bailout
Euro Soars as EU Officials Reach Deal on Second Greek Bailout
Insight: Fed housing blueprint lost in din of politics
In mid-2011, with the U.S. economy at risk of a new recession, top Federal Reserve officials began to explore a different way to shore up the recovery: looking for fixes for the battered housing market. …
Source: Greece to get $170B bailout, reduce debt
After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece euro130 billion ($170 billion) in extra bailout loans to save it from a potentially …