A top European Union official in Greece says the country's access to bond markets remains "fragile" amid the ongoing financial turmoil triggered by the political standoff in Italy
Spain's conservative government appears doomed to lose a no-confidence vote in parliament, with the center-left Socialist party poised to take power
US consumer spending increases 0.6 percent in April while inflation stays at Fed's target
A jump in energy prices pushes inflation across the 19-country eurozone sharply higher, which could make the European Central Bank more willing to plot the end of its monetary stimulus program.
Federal Reserve proposes easing rule that limits risky bank trading amid government efforts to loosen bank regulations.
A general strike in Greece against plans to extend austerity measures has halted ferry services to the islands, and disrupted flights, public transport and other services.
Federal Reserve set to ease 'Volcker Rule' amid government efforts to loosen bank regulations
Italy's political turmoil has sent a wave of fear through Europe's 19-country currency union, with tremors felt in financial markets.
The Italian association of high-end producers is pushing for a coordinated industrial strategy to help grow the sector worth 100 billion euros ($115 billion) a year, or 5 percent of GDP
Financial turmoil has engulfed Italy amid fears that it is heading toward another election that could shape up to be a vote on whether to stay in the common currency
