ECONOMY & MARKETS

European Union authorities are making a last-ditch offer to Athens to save the country from going bankrupt, but Athens is likely hours away from defaulting on its debt.

Hacker group CyberBerkut leaked documents exposing Kiev's plan to increase military spending in the next 3 years.

Russia wants to counter sanctions placed on its big energy companies by Canada, a Russian parliamentary leader says.

Some analysts believe the jump was linked to government intervention and warned authorities are playing a dangerous game by interfering in the markets.

Officials say they are enforcing laws more strictly, but some companies and local governments still try to flout the law. Over 8,000 people were arrested last year.

According to market research company GfK, British consumers' mood in June was the most buoyant since January 2000.

Puerto Rico's Gov. Alejandro Garcia Padilla is expected to make a public plea to defer payments and lower San Juan's $72 billion debt.

Tourists in Greece reported empty restaurants, ATM lines and fuel shortages.

The Greek government wants to prevent citizens from stashing all of their cash under their mattresses.

Puerto Rico faces two choices: default on debts or get concessions from lenders. Both are messy propositions.

International groups that track the Earth’s rotation speed recommended the world add an extra second to clocks on June 30. Some say it's unnecessary.

At stake are wages for more than 150,000 workers -- and pay practices in a pillar of the modern service economy.

A default by Greece would set in motion events that could lead to the country's exit from the euro currency bloc.

Dudley, a dovish policymaker, is a close ally of Fed Chair Janet Yellen.

The founding of the new Asian Infrastructure Investment Bank has become something of an embarrassment for the U.S., which announced early on that it would not be joining.

"There is something deeply troubling when the unthinkable threatens to become routine," according to the Bank for International Settlements.

The pilot radioed the plane was vibrating and he was losing his engines.

Robert Reich, who served as President Clinton's labor secretary, endorsed housing vouchers to combat poverty.

The move by Macedonia's central bank followed an announcement by Athens that it would introduce capital controls and keep banks shut on Monday.

The decision was in response to a run on banks, triggered by Prime Minister Alexis Tsipras surprise call for a referendum on bailout terms.

The limit for the emergency funding is now roughly 89.0 billion euros ($99.4 billion), sources have told Reuters.

"They were playing poker," said Austrian Finance Minister Hans Joerg Schelling. "But in poker, you can always lose."

Anxious Greeks lined up outside ATMs after Prime Minister Alexis Tsipras made a surprise call for a referendum on austerity terms demanded by lenders.

A Russian official says his country will be a major player in the $100-billion Asian Infrastructure Investment Bank proposed by China.

Eurozone finance ministers dismissed a Greek request for a one-month bailout extension and are now focusing on ways to deal with a default.

Construction of an international terminal was paused around the same time six government officials disappeared.

Both cases were seen as ideological wars, but the cases could also be seen as pro-business rulings by a court with a reputation as friendly to corporate interests.

A startup plans to help you grow marijuana through your smartphone.

The interest rate cuts will help stabilize growth, adjust structures and lower social financing costs, the country's central bank said.