Dec. 14 (Bloomberg) — The euro traded 0.1 percent from an 11-month low as European nations prepare to sell bonds amid concern the region’s debt crisis is far from resolution. The dollar gained against most of its 16 major counterparts after the Federal Reserve said the U.S. economy is maintaining its expansion and refrained from [...]
Sept. 20 (Bloomberg) — Labros Chatzis, a plastic surgeon from Athens, settled in Dublin 11 years ago because he found the Irish similar to the Greeks. Now it’s their differences that are keeping him there as his homeland sinks deeper into crisis. The 55-year-old says he’s more confident about the future of his adopted nation [...]
Aug. 3 (Bloomberg) — China, the largest foreign investor in U.S. government securities, joined Russia in criticizing American policy makers for failing to ensure borrowing is reined in after a stopgap deal to raise the nation’s debt limit. People’s Bank of China Governor Zhou Xiaochuan said China’s central bank will monitor U.S. efforts to tackle [...]
NEW YORK (CNNMoney) — The CEOs of the nation’s leading banks, including Goldman Sachs and JPMorgan Chase, sent a letter to the White House and Congress on Thursday urging them to hurry up and reach a debt agreement. In the letter, sent by the Financial Services Forum to President Obama and members of Congress, the [...]