By Tom Brown (Reuters) Long before she filed for bankruptcy, Ann Neukomm was "under water" — she owed more on her mortgage than her house was worth — a situation more and
By Ross Colvin (Reuters) The growing financial crisis is a double whammy for police in many U.S. cities: They face budget cuts as they brace for an expected surge in burglaries, thefts
By Golnar Motevalli (Reuters) No-one expects a fallen Master of the Universe to say sorry. But academics say an apology — for all the litigation risk it entails — can be the
By Ellen Wulfhorst (Reuters) Busy Wall Street worker Michael Pento used to relax on weekends playing with his 4-year-old son. Now he just laughs wryly at the thought of free time. The
By Teis Hald Jensen (Reuters) In times like these, no one is immune to depression. But surveys show the Danes are the happiest people in the world, and a core factor is
. Cyprus President Christofias has been basking in the joy that while he and his cabinet have often been described as the ‘only communist government in Europe’, the traditional free-economy markets of
By Emily Kaiser – (Reuters) The price of averting a U.S. financial sector meltdown goes well beyond the mind-boggling sums that the government is handing out and may be repaid with years
By Myles Neligan and Steve Slater (Reuters) The UK government's bank bailout scheme seems to have triggered a palpable change in financial market sentiment but it leaves the UK taxpayer massively exposed
By Krisztina Than (Reuters) Hungary has lined up potential IMF help because its large external debt makes it highly vulnerable to global market shocks, but its problems are not comparable to Iceland
Warming to euro Iceland is negotiating with Russia for a multi-billion-euro loan and looking at ways to secure foreign currency as it tries to rebuild a financial system that has all but
