ECONOMY

World News

To Iranian Business Leader, Nuclear Pact Opens Long-Awaited Opportunities

7:55am July 17, 2015

Mehdi Behkish, the head of Iran's International Chamber of Commerce in Tehran, explains why he supports the country's nuclear agreement with world powers, and how Iran can move forward.

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Greek Finance Minister Euclid Tsakalotos attends a session of Parliament in Athens on Wednesday as lawmakers prepared to vote on reforms demanded by eurozone creditors in exchange for a new bailout.

Beyond A Bailout: Greece Needs Debt Relief, IMF Says

5:03pm July 16, 2015

by Jim Zarroli

Greece is so saddled with debt it probably can't turn its economy around for years, the International Monetary Fund says. But writing down debt would require an OK from Germany, which has opposed it.

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Secretary-General Ban Ki-moon (right, with blue necktie) arrives in Addis Ababa, Ethiopia, for the International Conference on Financing for Development.

The World Could Wipe Out Extreme Poverty By 2030. There's Just One Catch

3:26pm July 16, 2015

by Nurith Aizenman

It'll take trillions of dollars — not billions, but trillions. Leaders are meeting in Ethiopia this week to figure out how to raise the money. Spoiler alert: Most of it won't come from governments.

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Greek Parliament Passes Austerity Measures To Move Forward With Bailout

9:25pm July 15, 2015

by Joanna Kakissis

The Greek parliament passed the austerity bill needed as a first step to open new bailout negotiations with European leaders. Protesters rallied outside parliament throughout the debate.

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Greek Parliament Debates Austerity Measures In Bailout Deal

8:01pm July 15, 2015

by Joanna Kakissis

The Greek parliament debates the latest bailout deal in Athens Wednesday. It must approve a range of new laws for the bailout to proceed, but there is strong opposition to it within the ruling party.

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Greece's Parliament Approves Austerity Measures

7:42pm July 15, 2015

by Krishnadev Calamur

The agreement with the country's creditors passed with support from the opposition. The vote allows Greece to begin negotiations with its creditors on a third bailout.

Bailout Vote May Splinter Greece's Recently Empowered Anti-Austerity Party

6:59pm July 15, 2015

by Joanna Kakissis

In Athens, deputies from Greece's ruling Syriza party will start parliamentary debate today on the latest bailout agreement - with some forecasting that the party will split over the issue.

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Secondary school teacher Sarah Ward at home on maternity leave with her 3-month-old daughter, Esme Kelliher. A resident of New Zealand, Ward has access to paid leave, something many American mothers do not.

Lots Of Other Countries Mandate Paid Leave. Why Not The U.S.?

2:18pm July 15, 2015

by Danielle Kurtzleben

Hillary Clinton, Bernie Sanders and President Obama are fond of pointing out that the U.S. stands nearly alone in not giving its workers paid leave. Here's how it got that way.

No. 1 With A Bullet Point: To Get Research Cited, Make Sure It's Listed First

8:25am July 15, 2015

Sometimes our eyes are just drawn to the top of a list. Using a regular e-mail of headlines sent out to economists, a study found the ones listed higher get read more — and cited more in future work.

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As Big 3 Automakers Begin Union Talks, Both Sides Say Profit Is Job 1

7:03pm July 14, 2015

by Tracy Samilton

GM and the UAW kicked off contract talks Monday; Chrysler and Ford will do the same this month. Negotiations are never easy, but since industry bailouts in 2009, there's a stronger push to cooperate.

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