Greece To Close Banks, Impose Capital Controls Amid Looming Default
Greek officials announced that they would close banks until July 6 in efforts to stanch a run on the euro.
ECONOMY
Greece Slouches Toward Default As Germany Rules Out Further Debt Talks
Germany says that there will be no more negotiations after the Greek premier called for a nationwide referendum on a bailout plan. Meanwhile, fearful Greeks are withdrawing their euros.
French Taxi Drivers Launch Nationwide Uber Protest
French taxi drivers stage a nationwide strike to protest UberPop's encroachment on their market. It turned nasty after an Uber driver and passenger were beaten up.
Congress Signs Off On Trade Bills, Handing Obama A Huge Win
A final House vote marked a stunning victory for the president by clearing his path to completing the proposed Trans-Pacific Partnership, a trade deal involving the U.S. and 11 Pacific Rim nations.
How Fracking Is Fueling A Power Shift From Coal To Gas
Driven by new regulations and fracking, more coal power plants are retiring for cheaper, cleaner-burning natural gas. But scientists have yet to work out the fossil fuel's imperfect climate footprint.
3 Economists Answer This Question: What Keeps You Up At Night?
It's been 7 years since the financial crisis nearly took down the global economy. Our Planet Money team wondered what the next big mess might be, so they asked three economists for their thoughts.
Senate Votes To Advance The White House Trade Agenda
The 60-37 vote clears away procedural hurdles for legislation that would allow the president to negotiate trade pacts and then put them on a so-called fast track through Congress.
Airlines Vs. Airports: A Dogfight Over Fees Imposed On Fliers
Airports want Congress to raise passenger fees to pay for improvements, but airlines say the move would hit passengers in the pocketbook and might discourage people from flying.
Anti-Austerity Greek Government Yields Ground At EU Summit
The Greek government has been given some time to work out a deal with its creditors. Eurozone and International Monetary Fund officials are scrutinizing the latest proposal.
EU Leaders Consider Economic Reform Proposal To Prevent Greek Default
European leaders met Monday in a last-ditch effort to keep Greece from defaulting on loan payments that are due soon. There was no resolution, but both sides will reconvene later this week.