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Latest Business News

Climax nears in Greek drama
LONDON (Reuters) - Tortuous negotiations over a second bailout for Greece are set to come to a head on Wednesday, putting fragile market confidence to the test on the same day data is tipped to show the euro zone is entering a mild recession.

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Greece warns bailout rebels of unknown, dangerous path
ATHENS (Reuters) - Greek leaders told a growing band of rebellious lawmakers on Saturday to back a deeply unpopular EU/IMF rescue in parliament or send the nation down "an unknown, dangerous path" to default, international economic isolation and a deeply devalued drachma.

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Anxiety over incomes hits consumer morale
WASHINGTON (Reuters) - Americans felt worse about their personal finances in early February, but rising confidence in the labor market's prospects should help to support spending and the broader economy.

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