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  • on Thu Feb 9 3:43 PM

    Banks, States Reach Mortgage Accord

    THE WALL STREET JOURNAL

    Government officials sealed an agreement valued at around $25 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses.
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    on Thu Feb 9 10:51 AM

    Greek Finance Minister Heads to Brussels; Loan Talks Stall

    THE WALL STREET JOURNAL

    Leaders of the three political parties backing Greece's caretaker government agreed on an austerity package to comply with demands set by creditors for another bailout deal.
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    on Thu Feb 9 8:38 AM

    ECB Leaves Rates Unchanged - WSJ.com

    THE WALL STREET JOURNAL

    The European Central Bank left its main interest rate unchanged for a second-straight month, amid signs that the euro-zone economy is stabilizing and Greece's government may be nearing a deal with creditors.
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    on Thu Feb 9 8:37 AM

    Jobless Claims Fall Again - WSJ.com

    THE WALL STREET JOURNAL

    Idled U.S. workers filed a smaller number of new jobless benefit claims last week, an unexpected decrease that gave further indication the jobs market is improving.
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    on Thu Feb 9 7:47 AM

    BOE Ramps Up Stimulus With Purchase of More U.K. Bonds

    THE WALL STREET JOURNAL

    The Bank of England said it will buy another $79.1 billion of U.K. government bonds in an effort to shore up the fragile economy. The central bank's key interest rate remains unchanged at a record low of 0.5%.
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    on Thu Feb 9 7:29 AM

    Greek Jobless Rate Jumps to 20.9%

    THE WALL STREET JOURNAL

    The Greek economy continued to show signs of erosion under the pressure of government austerity toward the end of last year, marked by an accelerating rise in unemployment and a deepening slump in industrial production.
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    on Thu Feb 9 5:42 AM

    U.K. Trade Deficit Shrinks to 22-Month Low

    THE WALL STREET JOURNAL

    The U.K.'s goods trade deficit shrank to its smallest size in 22 months in December, with support from record foreign sales of oil and the strongest ever exports to South Korea, official data showed.
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    on Wed Feb 8 9:43 PM

    White House Officials Lower Jobless Forecast

    THE WALL STREET JOURNAL

    The recent spate of good economic news has led White House officials to lower their projections for the unemployment rate this year, with a top adviser saying the 8.9% estimate that will appear in the White House's budget proposal Feb. 13 is...
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    on Wed Feb 8 1:01 AM

    Glaxo Has Been Repatriating Euro-Zone Cash

    THE WALL STREET JOURNAL

    Glaxo has been funneling cash back to the U.K. daily from banks in euro-zone countries as part of its strategy to reduce exposure to risks of a possible breakdown of the European monetary system.
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    on Tue Feb 7 9:56 PM

    Japan Confirms 'Stealth' Currency Market Intervention

    THE WALL STREET JOURNAL

    Japan continued to conduct "stealth" interventions in the currency market after its highly publicized yen-selling campaign on Oct. 31, data released by the Finance Ministry confirmed.
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