In response to Europe's economic crisis, Spain and Portugal have announced austerity measures that reduce government spending and increase taxes, but Spain's plan puts more emphasis on reducing government spending.
05/17/2010 02:42 pm
According to the IMF's latest Fiscal Monitor report, US debt has a much shorter average maturity than other nation's, opening it up to far greater long-term risks.
05/17/2010 02:04 pm
Why the European financial crisis could mean trouble for Americans.
05/17/2010 12:35 pm
The euro has fallen back to the pre-rescue package lows. Why? (And it's not because the rescue package failed to restore confidence.)
05/14/2010 11:10 am
The price of gold is at an all-time high, indicating a looming collapse of the world's monetary system.
05/14/2010 10:20 am
Photos of the Day Photos of the Day 05/13
Greek debt and volcanic ash aside, the EU's first quarter growth results are positive. But will they stay that way?
05/12/2010 01:34 pm
The Greek bailout package sets the stage for far greater problems down the road.
05/12/2010 12:55 pm
A Christian Science perspective.
05/12/2010 10:20 am
Photos of the Day Photos of the Day 05/11