Top officials consider forming a core euro zone
BRUSSELS - German and French officials have discussed plans for a radical overhaul of the European Union that would involve establishing a more integrated and potentially smaller euro zone, EU sources say. Full Article | Video
Wall Street tumbles as euro zone wavers
NEW YORK - Wall Street tumbled on Wednesday in its worst day since August, as a spike in Italian bond yields signaled the European debt crisis was getting worse. | Video
Deal on new Greek prime minister collapses
ATHENS - A deal on forming a Greek national unity government collapsed as the country headed toward an economic abyss, hours after outgoing Prime Minister George Papandreou said he was handing over to a coalition that does not exist. Full Article
The congressman with banks on the side
ELLIJAY, Georgia - Rep. Phil Gingrey, representing Georgia's 11th congressional district since 2003, is regarded as one of the most conservative lawmakers in the chamber. He's also a banker, and that career isn't going so well. Full Article
West seeks Iran sanctions over nuclear report
PARIS/MOSCOW - Western leaders called for expanded sanctions against Iran over a U.N. watchdog report that it has worked to design atom bombs, but veto-wielder Russia indicated it would block new measures at the U.N. Security Council. Full Article | Video
Olympus losses may have exceeded $1 billion
TOKYO - Losses on securities investments at the core of a scandal rocking Japan's Olympus may have once exceeded $1 billion, as the 92-year-old firm's share price plunged due to doubts about its future. Full Article | Video
Adobe admits defeat to Apple over Flash
Adobe Systems is halting development of its popular Flash Player for use in mobile browsers, essentially admitting defeat to rival Apple Inc in a long-running battle over Web standards. Full Article
James Murdoch faces a day of reckoning
NEW YORK/LONDON - James Murdoch appears today before a special committee of Britain's parliament for a second round of questioning about a phone-hacking scandal at his company's now-defunct News of the World tabloid. Full Article | Video
When to skip your employer's health plan
WASHINGTON - If you're in a job that has a good health-care plan, it's usually a good idea to sign up. But sometimes, buying your own coverage makes sense. Here are some considerations about when you may want to do that, and how to go about it. Full Article
The daily struggle of Iraq's widows of war
BAGHDAD - Halima Dakhil lost her husband in the sectarian slaughter that engulfed Iraq after the U.S. invasion in 2003 and now spends her days tearful and scared, knowing her $250 monthly wage won't pay the rent and feed five children. Full Article
Asian stocks up on Italy reform hopes
Nov. 9 - Asian shares rally after the Italian Prime Minister said he would resign, while China's inflation data soothes fears about the health of the world's second biggest economy. Arnold Gay reports.
Latest Headlines
You’re paying taxes, so why aren’t energy companies?
Energy utilities and pipeline partnerships, all of them legal monopolies, pass their income tax burdens on to customers. Now a study provides powerful new evidence that these industries convert their income taxes from a burden to a benefit. Full Article | Video
Can financial greed be contained?
Greed lurks wherever people are found. But in most parts of the economy, higher aims keep greed in check. Financial greed is not merely tolerated; it is lauded. And financial regulation aims at making the game fair, not encouraging moderation among the players. Full Article
Cain looks to move past controversy at debate
ROCHESTER, Michigan - Republican Herman Cain will try to move past an escalating sexual harassment controversy on Wednesday during a presidential debate on economic issues held in the hard-hit manufacturing state of Michigan.
Researchers find life in the Dead Sea
Israel is lobbying hard to have the Dead Sea named as one of the new "Seven Wonders of Nature" at a time when scientific researchers have found life in the depths of the ancient sea. Video