Germany on Brink of Recession as Euro Debt Crisis Damps Exports: Economy - Bloomberg

Germany may be on the brink of recession after the sovereign debt crisis caused the economy to contract in the final quarter of 2011.
Europe

Here’s the campaign. Where are the ads?

The 2012 Republican primary campaign has already produced its share of carefully crafted messages, political drama and mudslinging.
But not much of that action has […]

Stock futures falling ahead of economic data

U.S. stock futures are falling on worries about global economic growth.
Stock markets in Asia fell after a survey showed manufacturing falling in China, the world’s […]

German parliament passes expanded euro fund

German lawmakers have cleared the way for an expansion of the size and powers of the eurozone bailout fund, in a major step toward tackling […]

Spring buying boosts US home prices for 4th month

Home prices rose for a fourth straight month in most major U.S. cities in July, buoyed by the peak buying season. But the housing market […]

Stocks rise after drop in unemployment claims

Stocks are rising in early trading after fewer people applied for unemployment benefits last week and retailers reported strong sales in August.
First-time claims for unemployment […]

St. Louis Fed schedules public “dialogues”

The Federal Reserve Bank of St. Louis will open its very-secure doors to the public for three “dialogues with the Fed” this summer and fall.
On […]

Germany at center of storm as stockmarkets dive

For the last year and a half, Germany has been quick to hit the brakes on expensive plans to fight Europe’s worsening financial crisis by […]

Congress begins debate on U.S. debt bill

WASHINGTON

New-home sales fell in May, median price rose

Fewer people bought new homes last month, the latest sign that the struggling housing market won’t rebound this year.
New-home sales fell 2.1 percent in May […]