Headline Articles

Eurozone Ministers Meet as Greek Debt Talks Resolved

Eurozone finance ministers were due to discuss a second bailout package for Greece over dinner on Thursday, hours after the government in Athens agreed to adopt harsh new austerity measures and struck a debt write-off deal with private creditors.


The Foreclosure $26 Billion Deal

Government officials are on the verge of an agreement worth as much as $26 billion with five major U.S. banks. The deal would cap a yearlong push to settle federal and state investigations of alleged foreclosure abuses by lenders and would represent the largest government-industry settlement since a multi-state deal with the tobacco industry in 1998.


Cisco Posts 11 Percent Rise in Q2 Sales

Networking giant Cisco reported an 11 percent rise in second-quarter earnings Wednesday as the Silicon Valley bellwether continued efforts to turn around its struggling business.


Facebook Blasted for Male Board Bias

The majority of Facebook users may be women, and they use the site, on average, more than men.


Rick Santorum Sweeps to Victory in Minnesota, Colorado, Missouri

Presidential candidate Rick Santorum won decisively in Minnesota's GOP caucuses on Tuesday, clobbering rival Mitt Romney in a state Romney had won easily just four years ago.


Job Openings Jump in December to 3.4 Million

Progress in the job market is real but has yet to grow strong enough to encourage workers whose skills don't fit jobs now being created, a new government report suggests.


Gold Gains 1.3 Percent

The price of gold gained $23.10 an ounce Tuesday, turning around a two-day slide to settle at $1,748 per troy ounce in New York.


Obama's Budget To Have $3 Trillion Deficit Reduction Plan

Half of the tax revenue Presisident Obama hopes to achieve comes from letting the Bush-era tax cuts on families earning $250,000 or more a year to expire. The budget will be released next week.


Appeals Court Strikes Down Calif. Ban on Gay Marriage

A federal appeals court on Tuesday struck down Proposition 8, finding that California's ban on same-sex marriage is unconstitutional because it deprives gay and lesbian couples of the equal right to wed.


Tough Franco-German Terms for Greek Bailout Get EU Backing

Franco-German demands that Greece prioritize debt repayments over other types of government expenditure won the support Tuesday of Luxembourg Prime Minister Jean-Claude Juncker, who heads the Eurogroup panel of eurozone finance ministers.


Greek Strike Amid Debt Clash With 'Troika'

Greek politicians refused to yield to severe austerity demands, even as German Chancellor Angela Merkel warned the refusal threatened "the entire eurozone."


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