E.U.

At the start of a new week, all eyes are on Greece. E.U. finance ministers postponed agreement on a bailout until they see proof that its government will follow through on austerity measures. Meanwhile, some big U.S. firms are pushing for a generous tax holiday.

The U.S. and global economies are trending toward recovery, but governments nevertheless must act "fast and decisively" to prevent the recession from turning into a long-term unemployment crisis that could last years, the Organization for Economic Cooperation and Development (OECD) has warned. The...

Were there any substantive morsels for investors to chew on following the G-20 finance ministers meeting this weekend in England? Admittedly, it's thin gruel: finance ministers agreed to guidelines regarding how governments should purge or remove toxic assets that have constrained credit, and...

The World Bank now expects the global economy in 2009 to contract for the first time since 1945. Not slow growth for the world's economy -- negative growth. NYU Economics Professor Nouriel 'Dr. Doom' Roubini says the need for intervention is great. "It's like a patient battling for life in an...