Italy's new prime minister said his government has approved a package of emergency budget measures worth more than $40 billion (30 billion euros) that will help pull Italy back from the brink of bankruptcy. Mario Monti said Sunday the measures includ...
Rough Road Ahead for Greece Despite Austerity Measures Greek politicians have voted in favor of $40 billion worth of austerity measures that were a precondition for Greece to receive international loans and stave off financial disaster. But as strike...
The Labor Department's monthly employment report released Friday shows the U.S. economy shed more jobs than it created last month - a net loss of 125,000 jobs - the first monthly job loss of the year. Despite the net decline, the nation's unemploymen...