Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. ... Read Full Story »
The market panicked yesterday on rumors that China was selling euros due to the instability of the EU region. China denied it. “Europe has been, and will be one of ... Read Full Story »
"A failure of the euro means a failure of Europe," German Chancellor Angela Merkel said today, according to Dow Jones. This is after she banned naked shorting in some financial ... Read Full Story »
The euro dropped below $1.25 for the first time in 14 months. It may have happened because Paul Volcker said that “You have the great problem of a potential disintegration ... Read Full Story »
The EU laid out its ambitious plan to steady the finances of the region. The three-part program was explained by the group: "The Council and the Member States have decided today on a comprehensive ... Read Full Story »