UK fiscal watchdog cuts growth, borrowing outlook (Reuters)

Tuesday, June 15th, 2010

Reuters - Britain's newly created budget watchdog downgraded economic growth forecasts on Monday but did not radically alter the scale of austerity measures required from the country's coalition government. Find more info about UK fiscal watchdog cuts growth, borrowing outlook (Reuters) photos videos pictures. read more

European stocks fall on weak growth outlook (AP)

Tuesday, June 8th, 2010

AP - European stocks fell Tuesday, as investors worried that growth would be hurt by the region's sprawling debt crisis and spending cuts. Comments by Federal Reserve Chairman Ben Bernanke, who indicated the U.S. recovery was on track, helped Asian indexes close higher, though the momentum was short-lived. Find more ...

Well cap captures more oil, but outlook’s gloomy (AP)

Monday, June 7th, 2010

AP - The cap on the blown-out well in the Gulf is capturing a half-million gallons a day, or anywhere from one-third to three-quarters of the oil spewing from the bottom of the sea, officials said Monday. But the hopeful report was offset by a warning that the farflung slick ...

Europe’s outlook darkens as Germany, UK make cuts (AP)

Monday, June 7th, 2010

AP - Europe's economic picture darkened further Monday as Britain's prime minister declared the nation's finances to be worse than feared — requiring sacrifices that will affect "our very way of life" — and the euro slid further toward parity with the dollar. Find more info about Europe's outlook darkens ...