Eurozone finance officials remained behind closed doors late Monday as a crucial round of talks over a second bailout for Greece looked set to run late into the night.
In the not-so-distant past, a crusading third-party presidential candidate ran a grass-roots, national campaign on a platform of fiscal responsibility and balanced budgets.
China’s move to keep its economy going lifted stock markets around the world Monday, as investors wait to see if Greece will secure a second bailout.
Millions of borrowers who suffered financial losses because their mortgage lenders played fast and loose while processing their foreclosures now have two ways of getting a payback.
Oil prices rose Monday after Iran cut exports to Britain and France, raising worries that higher gas prices may follow suit.
Silicon Valley renaissance man Peter Thiel donated another $1.7 million in January to a super PAC that backs Ron Paul, according to disclosure documents filed Monday.
Michael W. Klein is a professor at Tuft University’s Fletcher School and a Non-Resident Senior Fellow in Economic Studies at The Brookings Institution. Klein recently served as chief economist for the Office of International Affairs at the U.S. Treasury in the Obama Administration.
At age 60, Kathy Frederick routinely put in 50 hours a week as a hospital administrator for Scripps Health Systems in San Diego. She managed a 15-person staff, and regularly took work home on week-ends — until one day five years ago she decided enough was enough. “I wasn’t ready to retire,” says Frederick, “but after 18 years at that pace, I wanted a different challenge and more time for myself.”
China’s central bank said it would cut the amount banks must hold in reserve, a step toward boosting lending and maintaining strong economic growth.
It’s officially crunch time. European finance ministers need to agree to the terms of a second bailout to keep Greece from defaulting on an upcoming bond payment.