Greece has enough money on hand to meet its February and March obligations of 3.5 billion euros ($3.95 billion) but not anything beyond that.
The White House apparently believes it can drum up bipartisan support for the proposal, which will be sent to Congress Monday.
The Federal Reserve last week lifted its assessment of the U.S. expansion to “solid” from “moderate.”
Greek Prime Minister Alexis Tsipras says he is confident “we will soon manage to reach a mutually beneficial agreement" with Europe.
Even the Belarusian president dubbed "the last dictator in Europe" is distancing himself from Moscow these days.
U.S. stocks were hit hard in January, with the blue-chip Dow Jones Industrial Average dropping 3.7 percent.
Global fears weighed on the financial markets Friday after the U.S. economy grew slower than expected last quarter.
Pricing mechanisms on the federal health marketplace may be meant to discourage HIV patients from enrolling in certain plans.
The bank hiked its key rate by a total of 11.5 percentage points last year in response to panic on the currency market and soaring inflation.
But factory output rose 1.0 percent in December helped by a much-awaited rebound in exports.
U.S. stocks rebounded Thursday as tech giants Google and Amazon prepare to unveil quarterly results.
The U.S. still has $15.3 billion to spend in Afghanistan, and someone’s got to keep an eye on it.
Despite the central bank remaining "patient" on hiking rates, the Dow dropped after oil prices plunged.
Global economies are showing signs of weakness — and economists fear that cheap oil could negatively impact a burgeoning U.S. economy.
In what could be a positive signal to attract foreign investors, India says it will not pursue a tax-liability case against Vodafone.
The blue-chip stock index rebounded Wednesday, boosted by strong earnings from Apple and Boeing, as economists await a statement from the Fed.
Could cheap oil derail the renewable energy industry? Investors seem to think so, but this isn’t exactly the 1980s all over again.
Greece currently owes nearly $270 billion to a "troika" of lenders.
Collapse in global oil prices is helping to push the Fed further from achieving a key policy goal of raising annual inflation to two percent.
The proposed budget for the fiscal year beginning Oct. 1 would exceed a $499 billion spending cap on the base budget by $35 billion.
World Bank chief proposes economic solution for future disease outbreaks.
The sector expects to be the biggest laggard in the S&P 500 in the fourth quarter after oil prices have fallen more than 40 percent since June.
U.S. apple growers may now sell all varieties of apples to China after a bumper crop season.
The economic cost of the storm is likely to fall far short of recent winter weather events.
Amid a historic drought, California is paying a premium to manufacture drinking water from the Pacific Ocean.
The construction giant is usually a good indicator of how the world’s economy is doing. And it doesn’t look great.
The world’s largest manufacturer of construction and mining equipment also said cheap oil will hurt its 2015 sales.
The blue chip index also fell on concerns about a slowdown in the global economy.
British gross domestic product grew by 2.6 percent in 2014 as a whole, the Office for National Statistics said on Tuesday.
China’s leaders worry a rapidly cooling economy could lead to unemployment and social instability.