With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it’s taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in i…
The dollar-stocks see-saw — in which the two move in opposite directions — seems to be holding up. And over the longer term, there’s good reason for the dollar to stay on its recent upward trend, which would be bad news for s…
The dollar-stocks see-saw — in which the two move in opposite directions — seems to be holding up. And over the longer term, there’s good reason for the dollar to stay on its recent upward trend, which would be bad news for s…
The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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Economic performance among EU nations is getting more divergent. While Germany and France continue to modestly expand, debt-plagued countries like Greece are shrinking. That makes it tough for the European Central Bank to set i…