European debt

Obama: Details Needed on Europe Bailout Plan

With much at stake for the U.S., President Barack Obama said Thursday that the most important task for world leaders gathered at an economic summit in France was to resolve the European financial crisis. The EU had taken important steps toward a solution, the president said, but "we're going to have to flesh out more of the details about how the plan will be fully and decisively implemented."

US Stock Futures Jump on European Debt Deal

U.S. stock futures are jumping after European leaders agreed on a deal to slash Greece's debt. Banks agreed to take 50 percent losses on the Greek bonds that they hold, and European leaders agreed to strengthen a rescue fund to protect Italy and other large European economies. Worries that a European country could default had dragged down global stocks.

Europe's Debt, U.S. Unemployment Draw Focus

September is finally over, and we're heading into a few fast weeks of economic data and earnings releases. With stock market and macroeconomic factors taking new twists nearly every day, it's hard to keep up. So let's focus on the data and news that will matter most to your bottom line.

Spain to Sell Stake in State Lottery as Debt Crisis Looms

With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it's taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in its national lottery business, Bloomberg reported.

What to Watch for in the Dollar's Moves

The stock market is often coy about announcing when its trend is about to change direction, but DailyFinance's technical analysis guru, Charles Hugh Smith, sees a downward shift coming. His basis for bearishness is a relationship that has applied often in the markets -- the dollar-stocks see-saw.

Gold Takes a Breather After Record High

Gold is wavering Wednesday after closing at a record high in the previous session. Prices have risen sharply over the past three weeks as the euro has come under pressure.