Financial Crisis

EU official says Greece's bond market access is 'fragile'

May 31, 2018

A top European Union official in Greece says the country's access to bond markets remains "fragile" amid the ongoing financial turmoil triggered by the political standoff in Italy

Spain government poised to fall, Socialists set to take helm

May 31, 2018

Spain's conservative government appears doomed to lose a no-confidence vote in parliament, with the center-left Socialist party poised to take power

US consumer spending up 0.6 percent, best in 5 months

May 31, 2018

US consumer spending increases 0.6 percent in April while inflation stays at Fed's target

Eurozone inflation in big jump just as uncertainties mount

May 31, 2018

A jump in energy prices pushes inflation across the 19-country eurozone sharply higher, which could make the European Central Bank more willing to plot the end of its monetary stimulus program.

Banks would be freer to trade for profit under Fed proposal

May 31, 2018

Federal Reserve proposes easing rule that limits risky bank trading amid government efforts to loosen bank regulations.

Greek workers join general strike as end of bailout looms

May 30, 2018

A general strike in Greece against plans to extend austerity measures has halted ferry services to the islands, and disrupted flights, public transport and other services.

Fed looks to ease rule that limits risky bank trading

May 30, 2018

Federal Reserve set to ease 'Volcker Rule' amid government efforts to loosen bank regulations

Italian turmoil hits global markets, sending stocks plunging

May 30, 2018

Shares sink in Asia following global rout over possible impact of Italian vote on euro bloc

Another euro crisis? Italian chaos reawakens concerns

May 29, 2018

Italy's political turmoil has sent a wave of fear through Europe's 19-country currency union, with tremors felt in financial markets.

The Latest: Industry in Italy has agenda for new government

May 29, 2018

The Italian association of high-end producers is pushing for a coordinated industrial strategy to help grow the sector worth 100 billion euros ($115 billion) a year, or 5 percent of GDP

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