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321. German Parliament Clears the Way for Spanish Bank Bailout

Germany's parliament gave bipartisan endorsement Thursday for a 100-billion-euro ($123 billion) bailout for Spanish banks, clearing the way for Eurogroup finance ministers to approve the loan.

322. Spanish Debt Still Hangs Over Euro

Financial analysts said Thursday Spanish debt remains a threat to the euro and precariously expensive for the government in Madrid.

323. Spain Borrowing Costs Rise Ahead of German Vote on Spanish Bailout

Spanish borrowing costs came under renewed pressure Thursday ahead of a key vote in the German parliament on bailing out Spain's troubled banking sector.

324. Euro Slumps Briefly on Merkel Remarks

Chancellor Angela Merkel spooked currency markets on Wednesday as she tried to calm dismay among German conservatives at the growing cost of shoring up the euro.

325. Bernanke: Europe Not Close to Solving Economic Problems

US Federal Reserve Chairman Ben Bernanke said Wednesday that Europe is not close to solving the problems weighing on the eurozone.

326. Bernanke Warns of Economic Downturn

Federal Reserve Chairman Ben Bernanke cast a bleak view of the US economy in congressional testimony Tuesday, but gave little indication of concrete action by the central bank to bolster growth.

327. Unemployment, Euro Problems Weigh on US Recovery, Bernanke Says

The US economic recovery has decelerated in 2012 and continues to be held back by high unemployment and worries about the health of the eurozone, US Federal Reserve Chairman Ben Bernanke said Tuesday.

328. Auto Sales Slump in Debt-hit Eurozone

European car sales slumped in June on sharp falls in nations at the centre of the eurozone debt crisis, data released Tuesday showed. New registrations in Italy dropped by 24.2 per cent year-on-year in June and by 12.1 per cent in Spain, the Brussels-based European Automobile Manufacturers' Association said.

329. Wells Fargo Powers on as Rivals Stumble

Wells Fargo & Co. announced yet another record quarter Friday, while rival JPMorgan Chase & Co. revealed that its notorious bad trade cost it $5.8 billion, nearly three times its first estimate.

330. IMF Trims Global Growth for 2012-13, Says Risks 'Loom Large'

The International Monetary Fund on Monday pared back its forecast for global economic growth in 2012-13, while warning that risks "continue to loom large."

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