US stocks rose today as gains in banking shares helped the S&P 500 index rebound from its second-worst decline of the year.
The leaders of Germany, France, Italy and Spain agreed today on a 130 billion euros ($156 billion) package to try to revive economic growth in Europe but differed over whether and how to launch joint bonds to combat the euro zone's debt crisis.
The leaders of Germany, France, Italy and Spain will try to find common ground in Rome today to restore confidence in the euro zone ahead of a full EU summit next week, which Italy's prime minister called a defining moment.
George Washington's personal copy of the US Constitution and Bill of Rights sold for $9.8 million at auction on Friday, setting a record for an American book or historic document.
Ratings agency Moody's downgraded 15 of the world's biggest banks today, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital markets activities, but banks criticized the move as backward looking.
Thousands of flag-waving protesters filled Cairo's Tahrir Square for Friday prayers as Egypt's presidential candidates, an Islamist and former general, accused each other of trying to steal an election whose result is still not known five days on.
The United States today demanded that Argentina "immediately" end an import licensing regime and other curbs that have frustrated foreign suppliers while also expressing concerns about a "sweeping new import restriction" that Indonesia has imposed.
French carrier Air France unveiled plans to cut more than 5,000 jobs by the end of next year as part of an effort to slash costs and debt to return to growth in the face of increased competition and soaring fuel bills.
Commerce Secretary John Bryson, who has been under investigation for his role in two car crashes earlier this month, said today he was resigning to "prevent distractions" at the department he led for less than a year.
Allegations of fraud delayed the result of Egypt's presidential election today, fraying nerves as the Muslim Brotherhood, which claims victory, called for street protests against moves by the ruling generals to deny them power.