Daily News Channel
Europe debt crisis rolls on as Irish bailouts grow And EU monetary commissioner Olli Rehn said he doubted that Ireland would need emergency aid from a rescue fund established earlier this year by the European Union and the International Monetary Fund. Greece has already tapped that fund to the tune of euro110 billion, but Ireland […]
Wall Street Higher as UPS, Transports Offset Greece U.S. stocks edged higher on Thursday as a strong profit forecast from United Parcel Service Inc propelled transportation shares, offsetting worries that debt-plagued Greece was ready to use an emergency bailout package. Economic bellwether UPS climbed 6.1 percent to $69.49 after the package delivery company said first-quarter […]
Congress Approves Debt Relief Measure For Haiti Congress is calling for the United States to take the lead in relieving earthquake-shattered Haiti of its debts to international institutions. The House approved by voice vote Wednesday and sent to President Barack Obama legislation that instructs U.S. directors at the International Monetary Fund and other global development […]