U.S. stock futures advanced, indicating the Standard & Poor’s 500 Index may rise a second day, amid optimism that a deal can be reached to help Greece avoid defaulting on its debt.
BusinessWeek.com — Finance
Bank of England Governor Mervyn King defended policy makers’ decision to hold interest rates at a record low as he noted risks to the economic recovery from the sovereign-debt crisis in the euro area.
BusinessWeek.com — Finance
The European debt crisis would pose a threat to U.S. money-market mutual funds if a rash of sovereign defaults caused big banks to fail to meet obligations within the next three months.
BusinessWeek.com — Finance
U.S. stocks fell this week, giving the Standard & Poor 500 Index its seventh loss in eight weeks, amid concern the European debt crisis isn’t contained.
BusinessWeek.com — Finance
UniCredit SpA and Intesa Sanpaolo SpA shares slumped in Milan after a review of lenders’ credit ratings sparked concern the European debt crisis may spread.
BusinessWeek.com — Finance
European Central Bank President Jean-Claude Trichet said risk signals for financial stability in the euro area are flashing “red” as the debt crisis threatens to infect banks.
BusinessWeek.com — Finance
The International Monetary Fund said Spain must step up efforts to reform its economy as Europe’s sovereign debt crisis threatens to damp growth.
BusinessWeek.com — Finance
The International Monetary Fund said Spain must step up efforts to reform its economy as Europe’s sovereign debt crisis threatens to damp growth.
BusinessWeek.com — Finance
Feed
