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slovakia adopts euro

bratislava: slovakia joined the euro yesterday, hoping that membership of the single currency will soften the blow of the global financial crisis and bring about greater economic convergence with richer european union states.

how rising home values, easy credit put your finances at risk

during the housing boom, banks raised credit card limits at a blistering pace across the nation, in part because of a surge in home equity, much of it now vanished. now, the mix of high-rate debt and meager home equity has squeezed consumers and threatens to prolong the economic slowdown, according to a usa today investigation.

homeowners rush to refinance at low rates

washington -- homeowners around the country are taking advantage of historically low rates to refinance their loans, the latest figures show.

feature: slovakia joins euro family

in a symbolic act, slovak prime minister robert fico drew euro notes from a cash machine close to the well-known bratislava castle as the clock chimed in the new year. fico's move signaled the start of circulation of the euro currency in the central European country. At zero hour on Jan. 1, 2009, Slovakia officially joined the eurozone, becoming the 16th member of the single-currency family. To...