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Highlights

A collection of news and information related to European Debt Crisis published by this site and its partners.

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    Oct 5, 2012 |Story| Herald Mail

  1. U.S. unemployment rate drops below 8 percent for the first time since 2009

    The U.S. unemployment rate dropped below 8 percent for the first time since the month President Obama took office, a surprising lift for both the economy and his re-election hopes in the final weeks of the campaign.
    The U.S. unemployment rate dropped below 8 percent for the first time since the month President Obama took office, a surprising lift for both the economy and his re-election hopes in the final weeks of the campaign. The rate, the most-watched measure...

    Tags: General Electric Company, Barack Obama, Allen West, Unemployment, Walter Mondale

    2. Sep 6, 2012 |Story| AP Member Choice Limited

  2. Stocks soar after ECB unveils bond buying effort

    The last time the stock market was this high, the Great Recession was just getting started and stocks were pointed toward a head-first descent.
    AP Business Writers
    The last time the stock market was this high, the Great Recession was just getting started and stocks were pointed toward a head-first descent. But on Thursday, the market moved swiftly in the other direction. The Standard & Poor’s 500 index soared...

    Tags: TD Ameritrade Holdings Corp., Money and Monetary Policy, Central Bank, DAX, Italy

    3. Jul 5, 2012 |Story| AP Member Choice Limited

  3. U.S. hiring outlook improves, but economy still weak

    The outlook for the U.S. job market brightened a little Thursday after the government said fewer people applied for unemployment benefits last week and surveys of private companies showed hiring increased in June.
    The outlook for the U.S. job market brightened a little Thursday after the government said fewer people applied for unemployment benefits last week and surveys of private companies showed hiring increased in June. The economy is still far from healthy....

    Tags: Money and Monetary Policy, Job Layoffs, Central Bank, Unemployment, Economy, Business and Finance

    4. May 17, 2013 |Story| AP Member Choice Limited

  4. General Motors stock rises above $33 initial public offering price for first time in 2 years

    AP Auto Writer
    DETROIT (AP) — Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. GM shares reached $33.77 Friday before slipping back to close at...

    Tags: Automotive Equipment, Economy, Business and Finance, Chevrolet, Financing and Stock Offerings, Nissan Motor Co.

    5. Apr 30, 2013 |Story| Los Angeles Times

  5. Lawmakers in Cyprus pass bailout plan

    ATHENS -- Despite sweeping public discord, Cyprus lawmakers on Tuesday approved a controversial $13-billion bailout imposed by international lenders to keep the island financially afloat, and its economy anchored to Europe’s single currency.
    ATHENS -- Despite sweeping public discord, Cyprus lawmakers on Tuesday approved a controversial $13-billion bailout imposed by international lenders to keep the island financially afloat, and its economy anchored to Europe’s single currency....

    Tags: Parliament, Politics, Pervez Musharraf, Economy, Business and Finance, Elections

    6. May 6, 2013 |Story| Chicago Tribune

  6. Midsize companies cautiously optimistic

    Midsize companies in the U.S remain cautious about economic growth this year, but they are making modest investments to expand their business and add to their payrolls, according to an analysis Monday from Deloitte & Touche LLP.
    Midsize companies in the U.S remain cautious about economic growth this year, but they are making modest investments to expand their business and add to their payrolls, according to an analysis Monday from Deloitte & Touche LLP. The accounting and...

    Tags: Productivity, Labor Legislation, Deloitte Touche Tohmatsu Ltd., Health Insurance Cost, Career and Workplace

    7. May 2, 2013 |Column| Orlando Sentinel

  7. Europe has no exit

    WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European Central Bank (ECB) has stabilized the bond market for weak debtor countries. Despite problems, Europe is muddling through.
    WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European...

    Tags: Money and Monetary Policy, Unemployment, Politics, Italy, Economy, Business and Finance

    8. Apr 30, 2013 |Story| Los Angeles Times

  8. Harsh words fly between Germany and France over economic plans

    BERLIN -- Europe's most important relationship is under increasing strain after French officials accused Germany's leader of "egotistical intransigence" and leaders in Berlin shot back by describing France as the continent's "biggest problem child."
    BERLIN -- Europe's most important relationship is under increasing strain after French officials accused Germany's leader of "egotistical intransigence" and leaders in Berlin shot back by describing France as the continent's "biggest problem child."...

    Tags: Employment, Berlin (Germany), Germany, Angela Merkel, Employment Opportunities

    9. Apr 20, 2013 |Story| Los Angeles Times

  9. Global Voices: Filmmakers chronicle Chinese run on French wine

    What might have been a grueling, 25-hour flight from Sydney to London two years ago instead brought filmmaker and viticulturist Warwick Ross to a project that blended his passions for storytelling and wine as perfectly as the grapes for a nice Chardonnay-Viognier.
    What might have been a grueling, 25-hour flight from Sydney to London two years ago instead brought filmmaker and viticulturist Warwick Ross to a project that blended his passions for storytelling and wine as perfectly as the grapes for a nice Chardonnay-...

    Tags: TriBeCa Film Festival, Wines, Consumer Goods Industries, Alcoholic Beverages, Film Festivals

    10. Apr 24, 2013 |Column| Orlando Sentinel

  10. The Reinhart/Rogoff brawl

    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how explosive the issue is. They suggested that debt exceeding 90 percent of a country's economy (gross domestic product, or GDP) corresponds to a sharp drop in economic growth. But their work is being challenged by three other economists, who say that Reinhart and Rogoff made basic errors that invalidate their results.
    WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff shows how...

    Tags: Money and Monetary Policy, Public Finance, Politics, Economic Indicator, Budgets and Budgeting

    11. Apr 23, 2013 |Story| Los Angeles Times

  11. Scams blocking Chinese investors' path to U.S. green cards

    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno.
    Jianwei Li and two other wealthy Chinese businessmen thought they had a sure thing when they wired $1 million each to a California firm that had promised to build a fine Chinese restaurant in the Bay Area city of San Bruno. The project had an alluring...

    Tags: Banking, Hotel and Accommodation Industry, Politics, Migration, Economy, Business and Finance

    12. Apr 17, 2013 |Story| Los Angeles Times

  12. Apple shares tumble as stocks fall for second day in last three

    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe.
    The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe. Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...

    Tags: Insider Trading, Apple Inc., Stock Market, Bank of America Corp., Financial Markets

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