European confidence in the economic outlook dropped to the lowest in eight months in June as policy makers struggled to craft a second bailout package for Greece.
BusinessWeek.com — Finance
More Americans than forecast filed first-time jobless claims last week and consumer confidence fell, highlighting Federal Reserve Chairman Ben S. Bernanke’s concern that the slowdown in the economy may persist.
BusinessWeek.com — Finance
U.S. Treasury Secretary Timothy F. Geithner said a bipartisan agreement on the deficit would help small-business lending.
BusinessWeek.com — Small Business
U.S. Treasury Secretary Timothy F. Geithner said failure to raise the debt ceiling has hurt small- business lending.
BusinessWeek.com — Small Business
The euro slid from a one-week high against the dollar as investors turned their attention from Greek Prime Minister George Papandreou’s victory in a confidence vote to the challenge of passing austerity measures. Asian stocks rose for a second day, while oil declined.
BusinessWeek.com — Finance
Investor confidence in Germany, Europe’s largest economy, dropped to the lowest in 2 1/2 years in June as the region’s debt crisis dimmed the economic outlook.
BusinessWeek.com — Finance
Greek Prime Minister George Papandreou faces a confidence vote in his government today that may determine whether Greece becomes the first euro-area country to default.
BusinessWeek.com — Finance
The Bloomberg Consumer Comfort Index has remained at recession levels while the Dow Jones industrial average rose dramatically since 2009, breaking a longstanding correlation
BusinessWeek.com — Finance