Wall Street ends worst quarter since 2008
NEW YORK (Reuters) - Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe’s debt debacle, a U.S. credit downgrade and a sputtering global economy.
NEW YORK (Reuters) - Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe’s debt debacle, a U.S. credit downgrade and a sputtering global economy.
SANAA (Reuters)- Anwar al-Awlaki, a U.S.-born cleric linked to al Qaeda, was killed in a CIA drone strike in Yemen on Friday, U.S. officials said, removing a “global terrorist” high on a U.S. wanted list.
HONG KONG (Reuters) - European stock index futures fell on Friday, putting shares there firmly on course to post their biggest quarterly decline since the months following the collapse of Lehman Brothers three years ago.
BERLIN (Reuters) - Following a now-familiar script, Europe again averted disaster in its debt crisis when German lawmakers rallied behind Chancellor Angela Merkel to approve a stronger euro zone bailout fund on Thursday.
(Reuters) - Contradictions in sworn statements about Rick Perry’s fundraising for his 2006 reelection bid raise questions about whether aides to the Texas governor, who is now running for president, gave false or misleading testimony under oath.
DETROIT (Reuters) - Workers represented by the United Auto Workers union approved a four-year labor contract with General Motors Co on Wednesday, the first such deal for the top U.S. automaker since its 2009 bankruptcy.
ATHENS (Reuters) - Greece’s lenders are sending a team to Athens to inspect a government austerity plan they want implemented in exchange for aid, while Germany suggested a new bailout may have to be renegotiated.
BERLIN/ATHENS (Reuters) - German Chancellor Angela Merkel may fall short of a majority in her own coalition for a crucial reform of the euro zone rescue fund meant to stop a sovereign debt crisis spreading, in what would be a severe blow to her authority, a test vote showed.
NEW YORK/BRUSSELS (Reuters) - Euro-zone officials are working to magnify the firepower of the region’s rescue fund, European Central Bank policymakers said on Monday, while President Barack Obama piled on pressure for Europe to staunch a sovereign debt crisis that threatens the world economy.
WASHINGTON (Reuters) - New single-family home sales in the United States fell in August to a 6-month low in a sign the crippled housing market will not provide much support for the flagging economy anytime soon.