By DANIEL WOOLLSAssociated Press
MADRID (AP) - Spain's borrowing costs soared in a pair of short-term auctions Tuesday as investors worried that the country would not be able to manage an expensive rescue of its ailing banking sector.
The Treasury auctioned
TUCSON, Ariz. (AP) - Border Patrol agents say the bodies of three suspected illegal immigrants have been recovered in southern Arizona.
Authorities say the three likely died from exposure to the triple-digit desert temperatures.
Agents say the
By MARCY GORDONAP Business Writer
Moody's Investors Service on Monday cut its credit ratings on 28 Spanish banks, saying the weakening financial condition of Spain's government is making it more difficult for that country to support its lenders.
By MENELAOS HADJICOSTISAssociated Press
NICOSIA, Cyprus (AP) - Cyprus on Monday became the fifth eurozone country to request financial aid from its partners in the troubled European currency union as it struggles to shore up banks that took heavy losses on Greek debt
LONDON (AP) - U.S. ratings agency Fitch has downgraded Cyprus to "junk" status, prompted by the amount of rescue money that would be needed to bail out its banks, which are heavily exposed to the Greek economy.
It lowered the rating for the country - one of the
By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) - European and Asian stocks fell Friday after economic reports suggested growth will weaken in the world's major economies. Downbeat data on Germany, China and the U.S. came on top of uncertainty over whether European
By MARI YAMAGUCHIAssociated Press
TOKYO (AP) - If the Ohi nuclear reactors plunged into a Fukushima-style meltdown, the only route for escaping or for sending help would be a winding, cliff-hugging road often closed by snow in winter or clogged by beachgoers in summer
By DAVID B. CARUSO and MIKE STOBBEAssociated Press
NEW YORK (AP) - Call it compassionate, even political. But ... scientific? Several experts say there's no hard evidence to support the federal government's declaration this month that 50 kinds of cancer could be caused
By HAROLD HECKLEAssociated Press
MADRID (AP) - Spain will not immediately implement the International Monetary Fund's latest recommendations, which include cutting government workers' wages further, because they are nonbinding advice, the prime minister said Saturday