Business » Finance

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After Vote Win, Greek Leaders Face Pressure to Restart Talks

By Derek Gatopoulous, Angela Charlton | Jul 7
Despite triumphing in a popular vote against austerity, Greece's leaders faced the urgent need to heal ties with European creditors and reach a financial rescue deal to prevent it from falling out of the euro - possibly within days.

Crude Oil Tumbles 8 Pct, Points to Low Gas Prices this Fall

By Jonathan Fahey | Jul 7
A slew of global economic and geopolitical factors are working to pummel the price of oil and set up U.S. drivers for very low gasoline prices later this year.

US Stocks End Lower After Greek 'No' Vote; Europe Sinks

By Bernard Condon | Jul 6
U.S. stocks are closing slightly lower after Greeks rejected the terms of the country's latest bailout. European markets had bigger losses Monday, but not as bad as many were expecting.

Consider the Financial Implications of Lengthy Auto Loans

By Alex Veiga | Jul 6
Car buyers are increasingly taking on loans with lengthier payoff terms to cope with rising prices or to make SUVs, crossovers and other pricier models more affordable.

California Slips Back to No. 8 Economy in World

Jul 3
Less than a month after edging out Brazil, California has slipped back to its ranking as the eighth-largest economy in the world based off an update of global economic data released.

Medicare Proposes Coverage Change on Short Hospital Stays

By Richardo Alonso-Zaldivar | Jul 3
Medicare proposed to ease a coverage policy on short hospital stays that has been criticized because it can result in higher costs for seniors.

China Scrambles to Reassure Jittery Stock Traders

By Joe McDonald | Jul 2
Chinese authorities are scrambling to reassure jittery investors after soaring stock markets plunged, threatening to set back economic reform plans.

The Latest from Greece: Moody's Downgrades Greece to Caa3

Jul 2
The latest news on Greece's financial woes: 3 a.m. President Barack Obama and Italian Prime Minister Matteo Renzi are discussing ways to keep Greece in the eurozone. The two leaders spoke by phone on Wednesday.

Pensioners Queue Outside Greek Banks Amid Withdrawal Limits

By Elena Becatoros | Jun 30
Banks and ATM machines were shut throughout Greece, the first day of capital controls announced by the government in a dramatic twist in the country's five-year financial saga.

Moving? Don't Leave Your House Behind

Jun 30
These days, when homeowners decide to move, more and more of them are taking their houses with them. Vinita Nair finds out what's involved in these major relocations.

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