Data reveals higher Greek debt: Greece expects the budget deficit in 2010 to be larger than initially targeted after the EU's statistics agency announced that the country's debt last year was actually much higher than projected.
Irish Bailout Under Way, Claims Opposition: The Irish opposition's finance spokesman says he believes European intervention is "under way" and that the matter will "come to a head in 24 hours".
Austerity fails to save Ireland: Troubled European governments are discovering that fasting is no cure for a giant debt hangover.
The view from China: US forces world to donate blood: The world should come up with a powerful tool to bridle the US dollar and the people managing it.
Fed's ability to influence market could be over: The Federal Reserve took the first step in a $600 billion plan to boost the economy Friday. The same day, the Standard & Poor's 500 index tumbled to its worst weekly loss in three months. It wasn't just a coincidence.
Current Mortgages Turning Delinquent Rises for First Time in a Year: During the third quarter of this year, 2.7 percent of current mortgage balances transitioned into delinquency, according to new data from the Federal Reserve Bank of New York. That’s up from 2.6 percent that became newly delinquent in the second quarter.
Mortgage Modifications Aren't Stopping Foreclosures: Programs designed to keep owners in their homes are being upended by lost paperwork and procedural errors
People on unemployment face big cut: It’s ironic: Even as the conspicuous consumption season revs up to a screaming pitch over the next few weeks, in the same period millions of Americans are at risk of losing the ability to buy so much as a gum ball.
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