Britain searches for a new direction after 13 years of Labour rule, the first hung Parliament in 36 years, and one of the worst economies since World War II.
As the Greek debt crisis rocks the eurozone, European Central Bank President Jean-Claude Trichet downplayed fears that Portugal and Spain would need to be bailed out.
The fear of contagion from the debt crisis in Greece may have helped create the reality of it in financial markets.
The German parliament approved the country's $28 billion contribution to the Greek bailout package on Friday. Chancellor Angela Merkel shifted from initial opposition to paying Greece's debts to concern over economic fallout in the rest of Europe.
Greek protesters are angry and in denial. But there’s no denying the consequences of spending beyond your means.
The 290,000 jobs were spread across every sector of the US economy, the Labor Department reported Friday. Job-market recovery led more people to resume looking for work, driving up the unemployment rate to 9.9 percent.
Investors are wracked by uncertainty. Might Greece still default on its debt? Might Germans pull back financial support? Which country might be next? The questions are unsettling stock prices.