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Greece's Prime Minister Lucas Papademos (L) escorts Socialist leader George Papandreou (C), conservative party leader Antonis Samaras (R) at his office in Athens, February 8, 2012.
Photo: Reuters

Greece Reaches Accord on Austerity Demands

Deal means nation can secure $172-billion bailout, avoid defaulting next month on bond payments

Full story »
Tim Collette of Bend, Ore., tells state lawmakers about his experience working with a bank on a loan modification in Salem, Oregon, February 6, 2012.

Deal Reached in Massive US Foreclosure Case

Obama says $25 billion deal with banks is 'major step' toward reviving troubled housing market, turns page on era of 'recklessness'

An April 21, 2010 file photo showing the Deepwater Horizon oil rig burning after an explosion in the Gulf of Mexico, off the southeast tip of Louisiana

BP Reports 2011 Gains As It Braces for Oil Spill Trial

British oil company says it made nearly $40 billion in profits in 2011

Riot police scuffle with a female protester as they try to open the avenue outside the Greek Parliament during a heavy rain in Athens, February 7, 2012.

Greek Police Clash with Austerity Protesters

Some demonstrators charged steps of parliament, threw rocks at police, who fired tear gas at protesters, hit some with batons

A man speaks on a mobile phone in front of a closed shop displaying an advertisement for Uninor on its shutters in Mumbai, India, February 6, 2012.

Norway, India At Odds Over Multibillion Telecom Deal

Cancellation of cell phone licenses prompts Oslo to raise 'concerns' with New Delhi

Demonstrators take part in a protest rally of the Greek Communist party against new austerity measures during heavy rainfall, in Athens, Greece, February 6, 2012.

Greece to Cut Government Jobs as Debt Pressure Intensifies

Announcement comes hours after blunt warning from German Chancellor Merkel, French President Sarkozy

US Economy Remains Focus of Presidential Race

White House hails economic data, while Republicans continue to criticize the president's economic policies

European Commission President Jose Manuel Barroso, left, speaks with Greek Prime Minister Lucas Papademos during a round table meeting at an EU summit in Brussels, January 30, 2012.

Greece on 'Knife Edge' to Agree on Bailout

Greek PM asks political allies to support a rescue package before eurozone ministers cut off funds

President Barack Obama tapes the weekly address, February 3, 2012

President Obama Urges Congress to Help Homeowners

During weekly address, US president says housing crisis has been one of largest drags on recovery from recession

Thomas Warren installs a fuel cell on a Freightliner truck at a plant where the laid off workers will be called back to work to meet increasing demand, Cleveland, N.C., January 12, 2012.

January Surge in US Hiring Lowers Unemployment to 8.3 Percent

Job market improves; jobless rate falls to its lowest level in nearly three years

President Barack Obama talks about the economy during an event at Fire Station #5 in Arlington, Va., Friday, Feb. 3, 2012.

Obama: Economic Recovery Is Speeding Up

President welcomes news that US unemployment rate dropped again in January

Federal Reserve Chairman Ben Bernanke,  Feb. 2011 (file photo).

US Central Bank Chief: Deficits 'Unsustainable'

Federal Reserve Chairman Ben Bernanke says huge federal budget deficits pose 'serious economic consequences' for country

Map of Uganda

Uganda Government Defies Parliament, Signs Oil Agreements

Tullow oil to sell $ 3 billion assets to France’s Total and China’s CNOOC

Health sector personnel shout slogans during a protest against austerity measures outside the Health Ministry in Athens, Greece, February 2, 2012.

Greece Likely to Need Another $20 Billion to Cut Debt

Experts say even after Athens finalizes deal with creditors, it probably will require additional infusion of cash

Map of Thailand

Asia Land Rights Activists Protest World Bank

Demonstrators say bank's agriculture investments principles aimed at protecting poor farmers instead encourage developer land grabs

World Markets

Name Points Change
DJIA 12,890.46 +6.51 +0.05%
S&P 500 1,351.95 +1.99 +0.15%
NASDAQ 2,927.23 +11.37 +0.39%
FTSE 100 5,895.47 +19.54 +0.33%
CAC-40 3,424.71 +14.71 +0.43%
DAX 6,788.80 +40.04 +0.59%

Updated: 00:33 UTC

Quotes delayed at least 15 minutes.
Market data provided by Interactive Data.
Terms & Conditions.

Name USD Change
EUR 1.33 +0.00 +0.02%
JPY 0.01 -0.00 -0.08%
GBP 1.58 +0.00 +0.01%
BRL 0.58 -0.00 -0.01%
AUD 1.08 +0.00 +0.06%

Updated: 00:33 UTC

Quotes delayed at least 15 minutes.
Market data provided by Interactive Data.
Terms & Conditions.

Name Price Change
Oil 118.59 +1.39 +1.19%
Gold 1,732.70 -6.30 -0.36%
Copper 397.45 +6.85 +1.75%
Rice 14.03 -0.06 -0.39%
Cotton 90.38 -3.24 -3.46%
Wheat 641.25 -4.75 -0.74%
Sugar 24.53 +0.05 +0.20%
Cocoa 2,236.00 -27.00 -1.19%
Coffee 216.00 -4.05 -1.84%

Updated: 00:33 UTC

Quotes delayed at least 15 minutes.
Market data provided by Interactive Data.
Terms & Conditions.

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