photo: AP / Thanassis Stavrakis
As Madrid's borrowing costs spiked to levels widely seen as unsustainable, Mariano Rajoy warned that there is a "a serious risk that [investors] will not lend us money or they will do so at an astronomical rate." His comments came as investors and policymakers, mindful of the threat of...
photo: AP / Thierry Charlier
Minority babies outnumbered white newborns in 2011 for the first time in U.S. history, the latest milestone in a demographic shift that’s transforming the nation. The percentage of white newborns fell to 49.6 percent of children younger than a year old from April 2010 to July 2011, the U.S. Census...
photo: WN / Yolanda Leyba
photo: AP / Chris Carlson
Spain's borrowing costs look set to spike on Thursday when the country's treasury sells up to 2.5bn euros (£2bn; $3.2bn) of three- and four-year sovereign bonds. It could pay buyers about 5% on the longest bond - up from just over 4% at its last auction two weeks ago. The...
photo: WN / Rubielyn Bunag