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    Mar 28, 2013 |Story| Los Angeles Times

  1. S&P 500 sets all-time closing high [video chat]

    <iframe id="spreecast-player" type="text/html" width="600" height="470" src="http://www.spreecast.com/events/money-co-sp-500-all-time-high/embed-medium" frameborder="0"></iframe>
    NEW YORK -- The broad Standard & Poor's 500 index broke a half-decade-old record, another sign of stocks' continuing rally this year. The S&P 500 added 6.34 points, or 0.41%, to 1,569.19 Thursday, the last trading day of the first quarter. The S&P 500...

    Tags: Credit Ratings, Stock Market, Fiscal Cliff, S&P 500, Economy, Business and Finance

    2. Apr 2, 2013 |Story| Los Angeles Times

  2. Jobless rate hits new record in Eurozone

    LONDON -- Joblessness in the 17-nation Eurozone hit a record high in January and February, according to statistics released Tuesday that gave a grim snapshot of the region&rsquo;s continued economic malaise.
    LONDON -- Joblessness in the 17-nation Eurozone hit a record high in January and February, according to statistics released Tuesday that gave a grim snapshot of the region’s continued economic malaise. The unemployment rate rose to 12% in the...

    Tags: Employment, Employment Opportunities, European Union, Cypriot Banking Crisis (2013), Labor Markets

    3. Mar 28, 2013 |Story| Los Angeles Times

  3. S&P 500 trades above all-time closing high

    NEW YORK -- The benchmark Standard &amp; Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally.&nbsp;
    NEW YORK -- The benchmark Standard & Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally.  The broad S&P index is on track to finish the day above its all-time closing high of 1,565.15 recorded Oct. 9, 2007....

    Tags: Stock Market, Fiscal Cliff, S&P 500, Labor Markets, Economy, Business and Finance

    4. Mar 27, 2013 |Story| Los Angeles Times

  4. China's top airlines say profits fell sharply in 2012

    China's three major state-owned airlines reported steep drops in annual profit last year, citing the weak global economy, higher jet fuel prices and smaller foreign currency gains.
    China's three major state-owned airlines reported steep drops in annual profit last year, citing the weak global economy, higher jet fuel prices and smaller foreign currency gains. China Southern, the country's largest carrier, said Wednesday that...

    Tags: China, Air Transportation Industry, Money and Monetary Policy

    5. Mar 25, 2013 |Story| Los Angeles Times

  5. Cyprus wakes to bailout hangover

    ATHENS -- Defending a last-resort deal with international lenders, bleary-eyed officials on Cyprus said Monday that they had managed to avert a devastating default for the tiny Mediterranean nation and kept it from being forced out of Europe's single-currency family.
    This post has been updated and corrected. See the notes below and at the bottom for details.
    ATHENS -- Defending a last-resort deal with international lenders, bleary-eyed officials on Cyprus said Monday that they had managed to avert a devastating default for the tiny Mediterranean nation and kept it from being forced out of Europe's single-...

    Tags: European Union, Cypriot Banking Crisis (2013), Banking, Nicosia (Cyprus), Economy, Business and Finance

    6. Mar 25, 2013 |Story| Allentown Morning Call

  6. Good news for Valley auto dealers

    Healthy turnout at this weekend's Lehigh Valley Auto Show is&nbsp;<a href="http://www.mcall.com/news/local/bethlehem/mc-lv-auto-show-20130323,0,5453337.story" target="_blank">good news for local auto dealers </a>... A last-minute deal averts a debt crisis in Cyprus, <a href="http://www.mcall.com/business/mc-cyprus-bailout-eurozone-20130325,0,561217.story" target="_blank">but is the euro still in trouble?</a> ... Computer-maker Dell Inc. is subject of a <a href="http://www.mcall.com/business/mc-dell-computer-bidding-war-20130325,0,4447329.story" target="_blank">bidding war that pits its founder against major equity firms</a>&nbsp;such as Blackstone ... Local wineries see <a href="http://www.mcall.com/news/nationworld/pennsylvania/mc-pa-wineries-state-stores-20130324,0,3930880.story" target="_blank">potential new marketing opportunities&nbsp;</a>in plans to privatize Pennsylvania's state liquor stores ... Two local nurses want to <a href="http://www.mcall.com/entertainment/kids/mc-nursing-book-kids-lehigh-valley-hospital-20130324,0,5555316.story" target="_blank">encourage kids to consider their career</a>, so they've written a children's book ... Someone out there is about to quit their job: Lottery officials announced<a href="http://www.mcall.com/news/breaking/mc-powerball-winning-ticket-sold-in-new-jersey-20130324,0,1727812.story" target="_blank"> there's a $338 million&nbsp;Powerball winner</a>&nbsp;in New Jersey, and a <a href="http://www.mcall.com/news/breaking/mc-pa-lottery-powerball-million-dollar-ticket-oref-20130325,0,5456374.story" target="_blank">$1 million winner in Lehigh County.</a> --QUOTE OF THE DAY:&nbsp;<span>"When hemp and cannabis become legal, we're ready to rock and roll," Ken&nbsp;VandeVrede, chief operating officer at Terra Tech, an<a href="http://www.mcall.com/news/nationworld/la-fi-0324-wall-street-marijuana-20130324,0,4377036.story" target="_blank"> herb company hoping to capitalize on legalized marijuana</a>.</span>
    Of The Morning Call
    Healthy turnout at this weekend's Lehigh Valley Auto Show is good news for local auto dealers ... A last-minute deal averts a debt crisis in Cyprus, but is the euro still in trouble? ... Computer-maker Dell Inc. is subject of a bidding war that pits its...

    Tags: Lehigh County, Powerball Lottery, Lifestyle and Leisure, Dell Inc., Lotteries

    7. Mar 24, 2013 |Story| Los Angeles Times

  7. Cyprus locked in tense talks with international lenders

    ATHENS -- Officials from Cyprus and international lenders were locked in long and tortuous talks Sunday, trying to strike a deal on a rescue plan that would keep the island&rsquo;s failing banks from collapsing while maintaining membership in Europe&rsquo;s single currency.
    ATHENS -- Officials from Cyprus and international lenders were locked in long and tortuous talks Sunday, trying to strike a deal on a rescue plan that would keep the island’s failing banks from collapsing while maintaining membership in Europe&...

    Tags: Same-Sex Marriage, European Union, Nicosia (Cyprus), Cypriot Banking Crisis (2013), Bankruptcy

    8. Mar 19, 2013 |Story| Petoskey News

  8. Congress works on budget for both 2013 and future

    WASHINGTON (AP) &mdash; Congress is finally cleaning up its unfinished budget business for the long-underway 2013 budget year with a bipartisan government-wide funding bill, even as the combatants in the House and Senate gear up for votes this week on largely symbolic measures outlining stark differences between Democrats and Republicans about how to fix the nation's long-term deficit woes.
    WASHINGTON (AP) — Congress is finally cleaning up its unfinished budget business for the long-underway 2013 budget year with a bipartisan government-wide funding bill, even as the combatants in the House and Senate gear up for votes this week on...

    Tags: U.S. Department of Defense, Politics, Parties and Movements, Elections, White House

    9. Mar 18, 2013 |Story| Los Angeles Times

  9. Cyprus lawmakers delay emergency vote on bank-deposit tax

    ATHENS -- Lawmakers in Cyprus are scheduled to hold an emergency vote Monday on whether savers on the Mediterranean island will pay a levy of up to nearly 10% on bank deposits as part of a controversial international bailout plan that has enraged residents and sent financial markets swooning.
    This post has been updated. See the note below for details.
    ATHENS -- Lawmakers in Cyprus are scheduled to hold an emergency vote Monday on whether savers on the Mediterranean island will pay a levy of up to nearly 10% on bank deposits as part of a controversial international bailout plan that has enraged...

    Tags: Vladimir Putin, Politics, Elections, Economy, Business and Finance, Cyprus

    10. Mar 18, 2013 |Story| Los Angeles Times

  10. Cyprus shuts banks through Thursday amid fears of widening crisis

    ATHENS &mdash; Amid renewed fears of a widening economic crisis in Europe, Cyprus on Monday ordered its banks shut through Thursday, postponing for a second time in two days a crucial parliamentary debate on whether bank depositors on the Mediterranean island should pay a levy of up to 10% in exchange for a $13-billion international bailout.
    ATHENS — Amid renewed fears of a widening economic crisis in Europe, Cyprus on Monday ordered its banks shut through Thursday, postponing for a second time in two days a crucial parliamentary debate on whether bank depositors on the Mediterranean...

    Tags: Angela Merkel, Germany, Politics, European Union, Elections

    11. Mar 18, 2013 |Story| Petoskey News

  11. Cyprus deposit tax rattles markets throughout the world

    LONDON (AP) &mdash; Stocks around the world fell sharply Monday as investors gave their initial verdict to a weekend plan to tax depositors in Cypriot banks as part of a bailout of the Mediterranean island nation.
    LONDON (AP) — Stocks around the world fell sharply Monday as investors gave their initial verdict to a weekend plan to tax depositors in Cypriot banks as part of a bailout of the Mediterranean island nation. Though Cyprus only accounts for...

    Tags: DAX, Germany, Politics, Japan, European Union

    12. Feb 28, 2013 |Story| Los Angeles Times

  12. U.S. economy grew late last year, but barely

    WASHINGTON -- The U.S. economy barely grew late last year, thanks largely to a plunge in federal defense spending that in part was likely preparation for the budget cuts under the so-called sequestration. The nation's gross domestic product, or the...

    Tags: Budget Control Act of 2011, Ben Bernanke, Gross Domestic Product, U.S. Congress, Land Price

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European Debt Crisis Photos
The sovereign debt crisis worsened as economic pain spr...
(July 19, 2012)
European debt crisis
delivers a speech at a special forum preceding the 2012...
(July 6, 2012)
Making a point