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European debt crisis: Seven basics you need to know

Will this crisis ever be over?! Eurozone nations seem to be fighting endless battles to address fears about government finances. The worry is that unsustainable national debt loads will result in default, a financial panic, or a costly repair effort. Here's what you need to know about the problem and possible ways forward.

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European debt crisis: Seven basics you need to know

Will this crisis ever be over?! Eurozone nations seem to be fighting endless battles to address fears about government finances. The worry is that unsustainable national debt loads will result in default, a financial panic, or a costly repair effort. Here's what you need to know about the problem and possible ways forward.
Don't understand the economy? It's not your fault.

Even economists don't fully understand the complicated global economy..
Bestselling books the week of 5/6/10, according to IndieBound*

What's selling best in independent bookstores across America.
Bestselling books the week of 4/29/10, according to IndieBound*

What's selling best in independent bookstores across America.
Bestselling books the week of 4/15/10, according to IndieBound*

What's selling best in independent bookstores across America.
Bestselling books the week of 4/8/10, according to IndieBound*

What's selling best in independent bookstores across America.
Bernanke to Senate: If you want to fix job deficit, don't forget budget deficit

Federal Reserve Chairman Bernanke suggests that the Senate to link a jobs bill with a credible plan to cut the budget deficit.
Global recession ends, economists predict recovery in 2010

Top economists from Moody's and the International Monetary Fund say Asia and Latin America will lead the world's economic recovery in 2010, and the United States will mount comeback, too.
Dodd bill aims to simplify the patchwork of bank regulation

Sen. Christopher Dodd introduced a bill in the Senate Banking Committee Tuesday aimed at tightening bank regulation. Critics of the current system say regulators are too cozy with bankers now.
Extending home-buyer credit: another clunker?

Congress wants to extend the $8,000 home-buyer credit. Critics say it's not that helpful and mostly benefits home sellers.
G20 as world's top economic body? Doubts abound.

An expansive governing role for the G20, discussed Thursday by Britain's Gordon Brown, isn't passing the sniff test for many economists.
One goal of Obama's 'sweeping overhaul': prevent another AIG

The plan seeks to contain the risk of large-firm failure. It would also give regulators alternatives to costly AIG-style bailouts.
Smaller banks overlooked and in trouble

The federal government is focusing on America's largest banks, but many smaller banks – which are deeply entwined in local communities and crucial to recovery – are sliding toward possible failure.
Can US let AIG fail?

Public outrage could force the Treasury Department to reconsider which financial giants pose a ‘systemic risk’ to the economy.
Obama’s bind over aid to banks

More US money won’t be easy to win, complicating his efforts to restore the system to health.
Stimulus goes global. Will it be enough?

The key is how well nations manage the spending.
A global trade decline?

In a rare alignment, most of the world's big economies are expected to shrink.