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US Stocks Mixed in Early Wednesday Trading

Posted October 19th, 2011 at 10:50 am (UTC-5)
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U.S. stocks were mixed in early trading Wednesday. The Dow Jones Industrial Average is up two-tenths of one percent, while the NASDAQ composite index is off seven-tenths of a percent. The S&P 500 index is virtually unchanged from Tuesday’s close. In Europe, stocks are up in afternoon trading. London’s Financial Times index is up one-half […]

Tags: , , , Posted in Economy

Greek Police, Anti-Austerity Protesters Clash in Athens

Posted October 19th, 2011 at 9:50 am (UTC-5)
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Demonstrators protesting Greece’s latest austerity measures clashed with riot police Wednesday in Athens, as tens of thousands of workers massed on Greek streets for a two-day general strike. The Athens protesters hurled rocks and fire bombs at police on Syntagma Square outside Parliament, with police responding with bursts of tear gas. Police estimated that about […]

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Greek Jobless Rate Nears Record High

Posted October 18th, 2011 at 2:05 pm (UTC-5)
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Unemployment in Greece has risen to a near-record high, even as workers prepare for a two-day general strike to protest the latest government plan to cut salaries and eliminate 30,000 civil service jobs. Greece said Tuesday that its jobless rate hit 16.5 percent in July, just a shade below the record set in May. Young […]

Tags: , , , Posted in Economy, Europe

US Stocks Slide in Midday Trading Monday

Posted October 17th, 2011 at 1:00 pm (UTC-5)
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U.S. stocks fell in midday trading Monday. The Dow Jones Industrial Average is down 1.5 percent. The S&P 500 is off 1.3 percent, while the NASDAQ composite index is down 1.6 percent. European stocks closed lower. London’s Financial Times 100 index slid one-half of one percent to finish at 5,437. The CAC-40 in Paris ended […]

European Markets Up at Midday

Posted October 17th, 2011 at 10:10 am (UTC-5)
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U.S. stocks fell in early trading Monday. The Dow Jones Industrial Average and the NASDAQ composite index are both down six-tenths of one percent, while the S&P 500 index is off seven-tenths of a percent. European stocks are lower in afternoon trading. London’s Financial Times 100 index is off two-tenths of one percent. The CAC-40 […]

G20 Ministers Considering Europe Debt Options

Posted October 14th, 2011 at 2:15 pm (UTC-5)
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The finance ministers of the world’s 20 biggest economies are meeting in Paris to try to resolve the European debt crisis that is threatening to push world economies into another recession. The financial chiefs meeting Friday and Saturday are expected to consider several options that some leaders say could help stabilize the global financial markets […]

Tags: , , , Posted in Europe

G20 Ministers Consider Europe Debt Options

Posted October 14th, 2011 at 11:05 am (UTC-5)
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The finance ministers of the world’s 20 biggest economies are meeting in Paris to try to resolve the European debt crisis that is threatening to push world economies into another recession. The financial chiefs meeting Friday and Saturday are expected to consider several options that some leaders say could help stabilize the global financial markets […]

Tags: , , , Posted in Economy, Europe

G20 Finance Ministers Considering Europe Debt Relief Options

Posted October 14th, 2011 at 10:00 am (UTC-5)
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The finance ministers of the world’s 20 biggest economies are gathering in Paris to try to resolve the European debt crisis that is threatening to push the world’s economies into another recession. The financial chiefs meeting Friday and Saturday are expected to consider several options that some leaders say could help stabilize the weeks-long turmoil […]

Tags: , , , Posted in Economy, Europe

Slovakia Approves Expanded Eurozone Bailout Fund

Posted October 13th, 2011 at 1:25 pm (UTC-5)
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Slovakia has approved expansion of Europe’s bailout fund for the continent’s debt-ridden countries, becoming the 17th and final nation needed to complete action on the plan. Slovak lawmakers committed their central European government to a $10 billion share of the $596 billion fund. The approval vote came just two days after Parliament had rejected the […]

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US Stocks Slide in Early Thursday Trading

Posted October 13th, 2011 at 10:30 am (UTC-5)
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U.S. stock indexes fell in early trading Thursday. The Dow Jones Industrial Average is down nine-tenths of a percent, while the S&P 500 index is off 1.1 percent. The NASDAQ index is down four-tenths of a percent. European stock prices are also lower in afternoon trading. London’s Financial Times index is off one percent, with […]

Tags: , , , Posted in Economy

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