Greek Finance Minister Vassilis Rapanos Resigns
Greek finance minister Vassilis Rapanos will resign after only a few days in office, the prime minister's office said on Monday. The reason wasn't immediately known
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All Eyes On EU Summit, Housing and Manufacturing Data :Economic Events For June 25-29
The European Council's June 28-29 meeting will no doubt be the main focus of this week as some hope that new steps can be taken to grapple with the region's debt crisis. European leaders are scheduled to discuss specific steps towards a cross-border banking union, closer fiscal integration and the possibility of a debt redemption fund
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Moody’s: India’s Credit Rating Outlook Stable, Slow Economic Growth A Short-Term Feature
Global rating agency Moody's said Monday that it was retaining the outlook for India 's rating as stable, and said the slow economic growth is likely a short-term problem.
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Russia Printing Money For Cash-Strapped Syria – Report
Helicopter gunships aren't the only things Russia is giving Syria; now the Kremlin is printing money for the cash-strapped Damascus regime.
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JPMorgan’s Dimon: Good Intentions Behind Bad Trades
(Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon defended the intent of the portfolio behind the bank's recent multibillion-dollar trading loss, telling lawmakers it was a genuine hedge that would make the firm a lot of money if a credit crisis hit. Dimon, appearing before the Senate Banking Committee on Wednesday, said well-intentioned traders poorly executed the hedge, and the bank's senior management failed to police the London office behind the trades
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US National Debt – Five Times Greater Than the Government Admits
The IOU that's being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize
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Minimum Wage Debate Heating Up
The debate over minimum wages -- does raising the minimum wage put more money in workers' pockets or just leave more of them jobless? -- is heating up at the state and federal level.
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