Greece is getting a second bailout worth more than $170 billion. While there's more confidence the debt crisis is now better contained, analysts say there's not a lot of confidence Greece will see growth any time soon.
Jen-Hsun Huang's education in the rough environment of eastern Kentucky helped make him a tough player in the tech industry. Now Nvidia, the company he co-founded, makes powerful graphics chips that bring realistic games and movie effects to screens small and large.
A big reason for the slow recovery has been that the nation's battered banks haven't been able or willing to lend. There are signs that's changing and that bank lending is helping to support stronger growth.
The eurozone crisis has focused attention on debt-burdened Greece. Meanwhile, Portugal is seen as the international creditors' poster-child for obediently slashing spending and welfare benefits. But Portugal's national debt continues to grow, and it's mired in recession and unemployment.
Congress has approved an extended payroll tax holiday. One of the ways it will be paid for is through federal auctions of sections of the broadcast spectrum to wireless companies. But consumers are not likely to see the benefits for years.
The $25 billion mortgage settlement between states and major lenders requires banks to provide "a single point of contact" for homeowners seeking to avoid foreclosure. The same requirement was agreed to in a previous deal with banks. But some customers say they're still having lots of trouble getting anyone to return their calls.
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