US housing starts rose to 717,000 in April

U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing.
The Commerce Department said Wednesday that builders broke […]

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Europe: Now comes the hard part

European Union officials are expected to begin debating ways to boost economic growth, after voters in France and Greece rejected austerity.
The focus on growth […]

Regulators close 4 banks in 3 states

Federal regulators have closed two banks in Maryland and one in Minnesota and South Carolina, bringing to 21 the number of U.S. banks that have […]

Diary of Central Banker in Despair as Orban

Andras Simor is Hungary

Federal budget 2012: pennies to be withdrawn from circulation

OTTAWA

New federal regulations impose tighter controls on long-term jobless

State workforce agencies are gearing up for a new set of federally-mandated rules that impose tighter controls on the long-term unemployed seeking extended jobless benefits.
The […]

World stocks mixed amid US jobs report, high oil

World stocks traded unevenly Friday as investors weighed the impact of high oil prices against new signs of improvement in the U.S. jobs market.
Benchmark oil […]

Judge tosses another claim in Madoff case

In another blow to the trustee in the Bernard Madoff case, a federal judge threw out a $20 billion lawsuit attempting to recover more […]

Stocks trade mixed as Greek debt talks drag on

Stocks were mixed Wednesday afternoon as questions mounted over whether Greece will hammer out a cost-cutting deal it needs to keep from defaulting on its […]

Greek crisis talks for debt deal pushed to Monday

Leaders of parties supporting Greece’s coalition government say crisis talks for huge new debt deals will continue Monday.
Coalition backers held a five-hour meeting late Sunday […]