Papademos, Greek Leaders Agree on Deal Framework - Bloomberg

Greek Prime Minister Lucas Papademos secured an outline agreement from the three political party leaders supporting his interim government on measures demanded by international creditors […]

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Rate on 30-year mortgage falls to record 3.87 pct.

The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. […]

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U.S. Will Run $1.1 Trillion Deficit, CBO Says: Washington Mover - Bloomberg

The U.S. budget deficit will shrink this year to $1.1 trillion, the Congressional Budget Office said today in a report sure to inflame the election-year […]

Greece: Banks warn bond deal could delay merger

Greek lenders Eurobank and Alpha Bank say a planned merger to create the country’s largest bank by assets could be put on hold because of […]

Capitalism Seen in Crisis by Investors: Poll - Bloomberg

International investors say capitalism is in crisis, with almost one in three backing radical changes to the system, according to a Bloomberg survey.
As the […]

2 more bodies found, fuel removal to begin on ship

Nudged gently by the tides off Tuscany, the capsized Costa Concordia has been deemed stable enough on its rocky perch for salvagers to begin pumping […]

Report: Spain doubtful on 2012 deficit target

Spain’s new government quickly sought to downplay remarks by its finance minister that raised doubts Friday over whether Madrid could deliver its goal of cutting […]

Markets are calm _ too calm. Why pros are spooked

After wild price swings that left investors bewildered and not a cent richer last year, stocks are rising again, and calm has settled over the […]

2011 job hopes improved most for worst-hit groups

For many people whose job prospects faded most during the recession, 2011 brought a small dose of relief.
When unemployment was surging, the youngest U.S. workers, […]

Verizon to charge $2 fee for online payments

Verizon Wireless will soon make some customers pay for the privilege of paying their bills.
The nation’s largest wireless company is instituting a $2 "convenience […]