Europe’s bailout plan for Greece may have calmed market fears about the future of the euro, but there is still uncertainty about the long-term outlook for the struggling currency.
Euro not out of the woods yet
The prime minister of Greece said Sunday that he would not rule out taking legal action against banks that may have preyed on his country’s precarious fiscal state.
Greek leader: Banks bet against us
After a week grilling oil executives over what caused the Gulf of Mexico oil spill, lawmakers are setting their sights on government regulators next week.
Gulf crisis: Where were the watchdogs?
Former President Bill Clinton exhorted 650 of the country’s youngest entrepreneurs to look beyond their own business ambitions and use their positions to benefit the less fortunate worldwide.
Bill Clinton to entrepreneurs: Think globally
Another tough week for the markets has left investors wary of equities and more focused on bonds, gold and the dollar.
Investors: All eyes abroad
Ever since the Greek crisis came into focus, German Chancellor Angela Merkel has been accused of exacerbating it by refusing to commit straightaway to a Greek bailout. As Greece’s uncertain economic picturepummeled global markets that accusation gained steam. But Germany may have gained an economic advantage in dragging its feet, and even now that it has agreed to the nearly trillion bailout, the country stands to reinforce its position as the strongest player in the eurozone.
Germany on the EU’s vanguard
The euro fell to an 18-month low against the dollar Friday as investors remain worried about the outlook for economic growth in Europe.
Euro falls to 18-month low
Tags: economic growth
Gold prices retreated from a record high Thursday as investors took a slightly less pessimistic view of the European economy.
Gold backs off record high
Gold continued its big rally Wednesday, nearing ,250 an ounce in intra-day trade, then slipping a bit to settle at a new high. Stock market jitters and Europe’s debt troubles have sent investors flocking to the precious metal, but why?
Why gold is breaking records
, precious metal
, stock market
Shares of Baidu soared in afternoon trading Wednesday after the Chinese search giant split its stock 10 to 1.
Baidu surges after stock split