The Delaware Gazette

Europe faces difficult search for growth

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WASHINGTON — On paper at least, Euro­pean lead­ers agree: They need stronger growth mea­sures to help their economies expand out of their 2 ½-year-old gov­ern­ment debt cri­sis. Fig­ur­ing out exactly what those new steps might be will be the hard part.

Poll shows Americans’ pessimism on economy growing

WASHINGTON — Amer­i­cans are grow­ing more pes­simistic about the econ­omy and han­dling it remains Pres­i­dent Barack Obama’s weak spot and biggest chal­lenge in his bid for a sec­ond term, accord­ing to a new Asso­ci­ated Press-GfK poll.

Obama and Romney: Where they stand on the issues

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WASHINGTON — A look at where Demo­c­ra­tic Pres­i­dent Barack Obama and Repub­li­can pres­i­den­tial hope­ful Mitt Rom­ney stand on a selec­tion of issues:

Greece secures bailout to avoid debt default

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BRUSSELS — The coun­tries that use the euro pulled Greece back from an immi­nent and poten­tially cat­a­strophic default on Tues­day, when they finally stitched together a euro130 bil­lion ($170 bil­lion) res­cue they hope will also pro­vide a life­line to their com­mon currency.

Fed survey shows economy ended 2011 with strength

WASHINGTON — The final weeks of 2011 were among the economy’s strongest as Amer­i­cans shopped and trav­eled more, end­ing the year with a shot of opti­mism for 2012.

All EU nations but UK open to joining new treaty

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BRUSSELS (AP) — The Euro­pean Union said Fri­day that 26 of its 27 mem­ber coun­tries are open to join­ing a new treaty tying their finances together to solve the euro cri­sis. Only Britain remains opposed, cre­at­ing a deep rift in the union.

Stocks fall as traders worry over weekend

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NEW YORK (AP) — A grow­ing belief that the U.S. econ­omy may be headed toward reces­sion gave the stock mar­ket its fourth straight week of losses.

Recession risks up amid slow growth, debt standoff

WASHINGTON — The econ­omy is at risk of slip­ping into another recession.It nearly stalled in the first six months of the year, the gov­ern­ment reported Fri­day. Eco­nomic growth was fee­ble in the sec­ond quar­ter and prac­ti­cally non-existent in the first.

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