GE to Move Turbine Jobs to Europe, China Due to EXIM Bank Closure
General Electric Co said on Tuesday that it will move 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing after Congress allowed the agency's charter to lapse in June.
Greek Crisis Throwing Shade on September Rate Hike
Greece is just one of a handful of global financial turmoils that could prompt reluctance from the U.S. central bank to start raising borrowing costs for consumers and governments.
Week Ahead: The ECB, Housing Data and Earnings
In Europe a decision is expected on whether the European Central Bank will begin a stimulus program similar to the one used by the U.S. Fed after the 2008 financial crisis.
Eurozone Economy Shrinks in 1Q; Core Still Struggles
The 17-member currency bloc's economy contracted slightly more than economists forecast in the first quarter.
IMF's Lagarde Urges Germany to Spend More
International Monetary Fund (IMF) head Christine Lagarde urged Germany to increase investments to help spur the euro zone's flagging economic recovery, adding that the bloc as a whole needed to make more structural reforms.
Europe, China Worries Spook CFOs
Chief financial officers are growing more concerned with major economic zones like Europe and China, along with regulations, according to a new survey.
Today’s Headlines: Greece Votes "No," But to What?
On Sunday the Greek people voted "no" on the recent economic referendum. Learn exactly what they were voting on, and how the "no" vote will affect the Eurozone.
Euro Tumbles to Two-Week Low After Plunge in Inflation
The euro tumbled to a two-week low after a plunge in euro zone inflation left markets suddenly eyeing the outside chance of a cut in interest rates.
ECB and Draghi Say 'Go Big or Go Home'
ECB President Mario Draghi on Thursday adhered to the cliched adage "Go big or go home." And for the most part Draghi is being praised for putting the ECB’s money where his mouth is.
Volatility Happens, No Need to Panic
Stock market volatility comes with the territory. It needn’t be feared and, in fact, can be worked to investors' advantage.
Bill Gross: Without Real Global Growth, Enduring Cycle of Crises is Likely
Bill Gross talks about Greece, China and the potential enduring financial crises the world is experiencing today.
Euclid Tsakalotos to be Greece's New Finance Minister
Greece's combative finance minister resigned on Monday and was replaced with the chief negotiator in aid talks with international creditors, Euclid Tsakalotos, a soft-spoken academic economist.
Fmr. Irish PM: Greek Government Should Take Ownership of the Problem
In an exclusive interview on FOX Business Network’s Countdown to the Closing Bell, former Irish Prime Minister John Bruton told Liz Claman he believes the Greeks should take responsibility for the current economic crisis.
U.S. Treasury's Lew Calls Greek PM Tsipras to Urge Steps to Resolve Debt Crisis
U.S. Treasury Secretary Jack Lew told Greek Prime Minister Alexis Tsipras on Sunday that Athens and its creditors needed to continue working toward a resolution ahead of a Greek referendum on the creditors' demands for austerity.
Sec’y Kerry Under Fire for Charlie Hebdo Attack Comment
Secretary of State John Kerry is facing backlash for comments he made Tuesday in Paris comparing the terrorist attack earlier this year on the offices of French magazine Charlie Hebdo to the ones carried out across the city last Friday.
Greece Names Interim Prime Minister to Lead the Country to Snap Election
Greece on Thursday named Vassiliki Thanou Christopoulou, head of the country's Supreme Court, as interim prime minister, with the task of leading the country to an election.
Merkel to Meet Hollande in Paris on Monday for Talks on Greece
German Chancellor Angela Merkel will travel to Paris on Monday afternoon to discuss the result of the Greek referendum with French President Francois Hollande, a German government spokesman said on Sunday.
Greek PM Says He Won't be the One to Pursue Austerity
Greek Prime Minister Alexis Tsipras said on Monday he would respect a potential Greek decision to stick to the path of austerity as prescribed by foreign creditors, but his government would not be the one to carry it out.
Report: Greek PM Won't Resign Amid Cabinet Reshuffle
Greek Prime Minister Alexis Tsipras will not resign and will probably reshuffle the cabinet after parliament votes on a bailout package on Wednesday evening, a government official said on Tuesday.
Greek PM Tsipras Meets with French, German Leaders
Greek Prime Minister Alexis Tsipras on Saturday called a referendum on July 5 whether the country should accept or reject a bailout agreement offered by creditors.














