World stocks fall ahead of EU summit

World stock markets fell Monday, with uncertainty about a tentative deal to resolve Greece’s debt crisis weighing on investor sentiment ahead of a summit of […]

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Stiglitz Says European Officials Show No Plans to Spur Growth: Tom Keene - Bloomberg

Nobel Prize-winning economist Joseph Stiglitz said he sees no indication from European officials that they have a plan to support growth in the region as […]

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Officials confirm light fuel near ship

Italian officials have confirmed the presence of light fuel in the sea around the capsized Costa Concordia that appears to have come from machinery on […]

States look to hike tax on millionaires

As the "tax the rich" debate rages in Washington D.C., some states are turning to their wealthiest residents to bring in much-needed revenue.
The governors […]

Nigeria Oil Shutdown on Hold as Talks Continue - Bloomberg

Nigerian unions said they

Warning sign: Exports to Europe decline

A sign that Europe’s crisis has begun to weigh on the U.S. economy emerged Friday from a report that exports to the continent sank in […]

Home Depot to hire 70K workers for spring

Home improvement retailer Home Depot Inc. said Thursday that it will hire 70,000 seasonal workers for the spring season, its biggest season.
The number is about […]

Orange juice futures spike on fungicide fears

Orange juice futures surged Tuesday amid fears the U.S. government could ban Brazilian oranges after low levels of fungicide were detected by a juice […]

Thank Uncle Sam for boosting your mortgage payment

While the Federal Reserve is trying to hold mortgage rates down, Congress recently gave them an upward shove.
The bill extending the payroll tax cut, which […]

Jobs Report in U.S.

Federal Reserve Bank of St. Louis President James Bullard said data showing the economy gained 200,000 payroll jobs in December is