European Union leaders wrapped up a 10-hour-long meeting in Brussels agreeing on a fiscal pact that will require stricter budget discipline. But Britain is among countries not signing on to the deal. The head of the European Central Bank is calling the pact positive. It's not clear, though, whether the move is enough to relieve Europe's debt crisis in the near future. NPR's Philip Reeves wraps up the meeting.
After meeting Friday in Brussels until the early morning hours, most European leaders agreed to a plan to move ahead with more budget discipline. Are world financial markets likely to see the talks as a failure or as progress?
Former MF Global CEO Jon Corzine testified on Capitol Hill on Thursday day. The former New Jersey Senator and governor was subpoenaed by a congressional panel that wanted to hear how MF Global wound up in bankruptcy. Corzine apologized repeatedly but denied knowingly breaking any rules.
Lack of money is also a big problem in Detroit. Three weeks ago, the city's mayor, Dave Bing, made a stark announcement. Without major action, the city will go broke sometime early next year. That leaves state officials saying they may have no choice but to send in an emergency manager, a person with extraordinary powers over the city's finances.
This winter, our independent booksellers have selected books that range in subject from toasters to typeface, odd bookmarks to old Volkswagons, department stores to pasta design. Whether you need a picture book for a toddler, kid lit for a young reader, or quirky non-fiction for the grown-up set, these booksellers have just the thing on their shelves.