WASHINGTON - The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" as it largely looked through weakness overseas in a signal that it remains on track to raise interest rates later this year.
ATHENS - Leftwing Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors by halting privatization plans agreed under the country's bailout deal, prompting a third day of heavy losses on financial markets. Full Article
Greece's Prime Minister has spoken of "radical change" and pledged to negotiate responsibly with international creditors. But as Sonia Legg reports doing both is looking increasingly difficult.