CHICAGO — Hundreds of protesters broke away from a large rally and began marching through Chicago streets Friday, taunting police and shouting about everything from bank bailouts to nuclear power — a prelude to even bigger demonstrations expected after the start of a NATO summit.
WASHINGTON — More than two dozen world leaders will join President Barack Obama in an extraordinary weekend of back-to-back summits to tackle Europe’s mounting economic woes and solidify plans for winding down the decade-long war in Afghanistan.
JPMorgan’s surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, with smaller declines across the broader market as investors decided this was more of a problem for investment banks than for other industries.
Fear of European debt is once again playing havoc with Wall Street.
WASHINGTON — The elections that drove Nicolas Sarkozy out of power in France and left Greece scrambling to build a coalition government pose a financial threat to the United States that could undermine President Barack Obama’s efforts to cast himself as the agent of a U.S. economic revival.
PARIS — The day after Francois Hollande rode to power in France on a slogan of “change now,” the conversation in Europe was already different Monday: Austerity had become a dirty word.
PARIS — France handed the presidency Sunday to leftist Francois Hollande, a champion of government stimulus programs who says the state should protect the downtrodden — a victory that could deal a death blow to the drive for austerity that has been the hallmark of Europe in recent years.
WASHINGTON (AP) — U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production and a measure of hiring all rose.