Europe
Spaniards Withdraw Money Over Bank Failure Fears
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Spanish bank Bankia's headquarters in Madrid. Spain's fourth-biggest bank, Bankia asked the government for a 19 billion euro bailout.
Spanish Lender Requests $24 Billion Bailout
()Like what happened to U.S. banks in 2008, Bankia is close to collapse in part because Spain's busted real-estate market saddled it with bad loans.
Special Series
Family Matters: The Money Squeeze
Multigenerational households face difficult financial decisions surrounding elder care, paying for college and retirement.
Hiring Pickup Possible As Jobless Claims Level Off()
May 24, 2012 The number of people seeking unemployment aid changed little last week, signaling modest job growth. Unemployment benefit applications dipped by 2,000 to a seasonally adjusted 370,000. Applications have leveled off this month after spiking in April.
Durable Goods Orders Up; Business Investment Dips()
May 24, 2012 Orders for long-lasting factory goods edged up slightly in April but a key category that tracks business investment spending fell for a second straight month. Orders for durable goods increased 0.2 percent last month after a 3.7 percent decline in March.
The Two-Way
Jobless Claims Dip; Orders For Durable Goods Are Soft()
May 24, 2012 The good news: The data suggest some job growth. The bad news: Business investment in equipment looks weak.
Around the Nation
Teaching Teens To Build Hammers Home A Message()
May 24, 2012 As in other U.S. cities, many of Washington, D.C.'s teenagers can't find work. Staff and volunteers at a program for troubled youth hope a program that trains teens to rebuild a gutted house in a day will give them a boost in a tight job market. But learning construction is only part of the lesson.
Planet Money
Bankrupt In Paradise()
May 24, 2012 The public pension fund of a U.S. territory in the Pacific Ocean recently filed for bankruptcy. If the case is allowed to proceed, it could have major implications for retirees all across the U.S.
Crisis In The Housing Market
New Home Sales, Prices Up In April()
May 23, 2012 Sales increased 3.3 percent to a seasonally adjusted annual rate of 343,000 last month, the Commerce Department said Wednesday. They rose in all regions except the South. The median price climbed to $235,700.
Business
Xerox CEO: 'If You Don't Transform, You're Stuck'()
May 23, 2012 Founded in 1906, Xerox is one of America's most venerable companies. But the corporate giant has struggled in the digital age. CEO Ursula Burns, the first African-American woman to run a Fortune 500 company, is working to transform a company known for photocopy machines into a services icon.
Politics
U.S. Politicians See Opposite Messages In Euro Crisis()
May 23, 2012 Democrats and Republicans in the U.S. can't agree on what's behind the eurozone's troubles. Now it looks like the Europeans may try the approach President Obama has advocated: a commitment to long-term fiscal discipline while pursuing growth in the short term.
It's All Politics
Voters Agree It's The Economy, But Split On Who Can Fix It()
May 22, 2012 President Obama and his expected Republican challenger are tied on the all-important question of who can best deal with the ailing economy, according to a poll released Tuesday.
The Two-Way
Existing Home Sales And Prices Both Rose In April()
May 22, 2012 The news is one sign that home prices may finally be recovering.
