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Cuban Missile Crisis: the 3 most surprising things you didn't know

Fifty years ago, the Cuban Missile Crisis brought the United States and the Soviet Union within a hair’s breadth of nuclear war. Here are three things that many Americans don’t know about what historians routinely call “the most dangerous moment in human history.”
For these four nations, 2012 is worse than the Great Recession

The Great Recession of 2008/09 delivered the worst blow to the global economy since the 1930s. But in a few nations, 2012 is turning out to be worse than 2009 in terms of economic growth. Europe's debt crisis, the general slowing of the world economy, and domestic political troubles have played a role in undercutting 2012 growth for one or more of these four nations. Can you guess who they are?
Homeschooling: 5 stories from a mother who tried it

From Quinn Cummings' book 'The Year of Learning Dangerously,' 5 stories from a mother trying to homeschool her kids for the first time.
J. K. Rowling: 10 quotes on her birthday

Here are quotes from "Harry Potter" author J. K. Rowling on her birthday.
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Recession in America? 10 questions assessing the threat.

Concerns about weak economies in Europe have already rattled global financial markets, and things are hardly rosy at home. Is America heading into a recession? Here are answers to 10 questions about that risk.

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Pope Benedict XVI: Church's own 'sins' are greatest threat to Catholicism

After weeks of defensive comments from the Vatican, Pope Benedict XVI strikes a note of candor.
To stave off Greek debt crisis, euro zone unveils its own TARP

The US put $700 billion into a bailout of US banks during the financial crisis. Now the nations of the euro zone are proposing a similar bailout fund – €750 billion – to deal with the Greek debt crisis.
Dow average shoots up after Europeans agree on Greece debt plan

The Dow average was up by more than 340 points as of early Monday afternoon. Investors were relieved to see European leaders agree on a Greece debt plan.
Europe's $955 billion rescue package, Greek austerity, and moral hazard

Markets across the world soared after the European Central Bank promised the creation of a $955 billion rescue fund for eurozone countries with debt problems. But some economists are worried about moral hazard – bailouts leading to reckless spending.
Starve the beast? It's a poor way to cut the deficit.

The 'starve the beast' strategy – raising spending but not taxes – hasn't cut the deficit.
Photos of the Day: Photos of the Day 05/09
As Euro slides, European Central Bank stays the course

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.
Supposed to be Standard, more often just Poor

How responsible were rating agencies for the financial crisis?
The Monitor's View: Greek debt crisis begets euro crisis. How much is it fear driven?

The fear of contagion from the debt crisis in Greece may have helped create the reality of it in financial markets.
Germany approves Greek bailout as Merkel gets her way

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.
Why Greek debt 'contagion' is roiling global stock prices

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.
The Monitor's View: Five lessons from the Greek debt crisis

As the financial market slip on the debt crisis in Greece, Europe must show it is learning some lessons. Some things have already become clear.
Wall Street panics as Greece protests flare over austerity measures

Greece protests against the government's tough spending cuts broke out in Athens Thursday, was stocks plunged on Wall Street over concerns about tightening credit markets and declining global demand.
Sovereign default: The spectre that’s haunting Europe

Years of fiscal irresponsibility took their toll on Europe after it encountered a serious financial crisis. Is the 'Social Model' unsustainable?
Athens riots leave three bank workers dead

Three bank workers, one of them pregnant, were killed in Athens riots when anti-austerity protesters threw Molotov cocktails at an Athens bank Wednesday.
Communists storm Acropolis, angry unionists protest Greek austerity measures

About 100 Communist Party supporters broke through the gates of the Acropolis, the city's chief ancient monument, and hung banners in Greek and English reading 'Peoples of Europe Rise Up.'
Photos of the Day: Photos of the Day 05/03
Concerns grow that Greece debt crisis could overstress European Bank

The Greece debt crisis, which is still subject to German parliamentary approval and may be challenged in court, is putting unsustainable stress on the European Central Bank, some analysts say.
In Pictures: Shanghai World Expo
Prices at gas pump ticking up ahead of Memorial Day travel

On average, drivers are paying $2.88 a gallon at the gas pump. Gas prices are expected to continue rising because of high oil prices.
Roubini: Greece debt crisis is only the tip of the iceberg

The Greece debt crisis should be a warning. History shows that unless this buildup of sovereign debt is tackled eventually by raising taxes and controlling spending, then there are only two outcomes: default or high inflation.
US government spending is unsustainable

Government spending and increased debt have been sold to the US as sound economics, but as history has shown us government spending does not make people rich.
Greek financial crisis now considered contagion 'like ebola'

No longer a mere threat, the Greek financial crisis has spread to the eurozone and has raised concern over contagion.
Greek debt crisis: Bailout likely, but will it be enough?

The Greek debt crisis continued to roil European debt markets on Wednesday after a leading rating agency cut the country's debt status to junk. While short term aid to Greece is a near certainty, economists warn that more international cash – and painful political steps in Athens – will be needed.
In Pictures: Babies around the world