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Spain's borrowing costs rise, stocks sink following bank rescue
World NowMADRID -- Spain's borrowing costs flirted with record highs Monday and stock prices sank on the first trading day since Madrid agreed to give $24 billion of taxpayers' money to rescue its largest real estate lender. The country's prime minister vigorously... -
Fed regional bank directors saw improvement in economy
Directors at the Federal Reserve's regional banks saw a pickup in the pace of economic growth last month as housing, motor vehicle sales and consumer spending gained strength.
"Directors noted further improvement in economic activity, and they...Tags: Economic Indicator, Federal Reserve, Banking, Financial Markets, Finance
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Europe's debt crisis joins governments and banks at the hip
LONDON — The alarm over potential bank runs in Greece and Spain this week has highlighted an often-overlooked fact: Europe's debt crisis is also, in many ways, a major banking crisis. In capitals such as Athens, Madrid and Rome, large portions of...
Tags: National Government, Credit and Debt, Madrid (Spain), Finance, Economy, Business and Finance
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Greek cash withdrawals raise fear of run on banks
ATHENS — Eva, a well-groomed pensioner, grasps her creamy white purse, glancing impatiently at her gold Cartier watch as she waits for the manager of an Athens bank. She is offered tea, cookies and orange juice, none of which the state bank...
Tags: Europe, Karolos Papoulias, Athens (Greece), Elections, Greece
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After slamming brakes on growth, China reaches for stimulus
BEIJING — After months of careful tinkering aimed at slowing China's supercharged economy, Chinese officials may have gotten more than they bargained for: The nation's economic engine is decelerating with alarming speed.
Industrial production in...Tags: Realty, Heavy Engineering, Financial Markets, Finance, Caterpillar Inc.
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Greece bank stability at risk as fear of economic disaster grows
ATHENS — Fear for the health ofGreece's banks increased Wednesday after a rush of withdrawals as the country braces for fresh elections that could determine whether it remains part of the Eurozone. Reports that depositors pulled out nearly $1...
Tags: Mutual Funds, CNBC (tv network), Athens (Greece), Finance, Economy, Business and Finance
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'Grexit': Are Greece's euro fears causing a $1-billion bank run?
Greek officials were busy today cobbling together an emergency plan after talks to form a coalition government disintegrated Tuesday. In the meantime, Greeks have withdrawn $900 million from local banks. So said President Karolos Papoulias, according...
Tags: European Union, National Government, Market and Exchange, Economy, Business and Finance, Twitter, Inc.
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Several Fed members could support further easing, minutes show
Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.
Minutes of the central bank's April 24-25 meeting released Wednesday stated that "several members" thought additional Fed...Tags: Federal Reserve, Ben Bernanke, Finance, Economy, Business and Finance, Money and Monetary Policy
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JPMorgan CEO may lose chairman post amid trading loss fallout
NEW YORK — Jamie Dimon faces his toughest personal challenge yet in the aftermath of the bank's $2-billion trading loss — JPMorgan Chase & Co. shareholders might strip the charismatic chief executive of his post as board chairman.
With the...Tags: Bernard Sanders, Timothy Geithner, Federal Reserve, Laws, AFSCME
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Iranians feeling pain of higher prices
TEHRAN — On a recent trip to a city on the Persian Gulf, Iranian President Mahmoud Ahmadinejad stood in the back of a pickup as it made its way through a thick crowd clamoring for his attention when an older, disheveled man began to shout at him....Tags: European Union, National Government, Mahmoud Ahmadinejad, Petroleum Industry, Islam
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Stocks close down as Greece struggles to form government
Political uncertainty in debt-hobbled Europe spread to financial markets Tuesday and pushed stocks lower in Europe and the United States. The Dow Jones industrial average was down almost 200 points at its low point for the day before recovering most...
Tags: National Government, Stock Market, Petroleum Industry, Germany, Finance
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China widens daily trading range for yuan
BEIJING — China has widened the daily trading range for the yuan in another small step to liberalize its currency.
The move, effective Monday, allows the yuan to rise or fall in a single day as much as 1%, double the previous limit. The effort...Tags: International Monetary Fund, White House, Communist Party, China, Christine Lagarde
May 28, 2012
| Los Angeles Times
May 22, 2012
|Story| Los Angeles Times
May 19, 2012
|Story| Los Angeles Times
May 19, 2012
|Story| Los Angeles Times
May 15, 2012
|Story| Los Angeles Times
May 16, 2012
|Story| Los Angeles Times
May 16, 2012
|Story| Los Angeles Times
May 16, 2012
|Story| AP Member Choice Complete
May 14, 2012
|Story| Los Angeles Times
May 7, 2012
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May 8, 2012
|Story| AP Member Choice Complete
Apr 17, 2012
|Story| Los Angeles Times
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