Europe

Politics

World Bank Again Cuts Global Growth Forecasts

Souring prospects in the world's largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut growth forecasts for the third straight year.

Markets

Greece 'Chaos' Opens Buying Opportunity

The ongoing Greece debt drama isn’t likely to cause a contagion throughout Europe and overseas. Nor is it viewed as a likely catalyst for a prolonged stock market tailspin.

Markets

S&P 500 Notches 5th Consecutive Record Close

Wall Street ended solidly in the green as the S&P 500 logged its 11th record close of the year, the first five-day string of record closes since '98. The Dow also notched its 17th record close.