Eurozone finance ministers were set to weigh Greece's latest proposal for aid Wednesday, hours after the country's international bailout expired without a deal, cutting it off from vital financing and deepening fears over whether it will be able to remain in the eurozone.
Asian shares rose on Wednesday as investors watched to see the next step as Greece fell into arrears after failing to make a debt repayment on Tuesday. Investors are concerned that if Greece defaults on its debts the nation will eventually drop out of the euro currency, a move that could potentially set off turmoil in financial markets. But they appeared to be taking a wait-and-see stance.
Republican presidential candidate Jeb Bush has earned nearly $28 million since leaving the Florida governor's mansion and paid an effective federal income tax rate of roughly 36 percent in the past three decades, according to tax returns released by his campaign on Tuesday.
Staff and drivers for ride-hailing company Uber gathered outside City Hall on Tuesday to protest legislation that would put limits on for-hire vehicles while the city conducts a study on whether the sharp growth of the industry has an impact on traffic congestion.
The House and Senate Republican majorities in the Pennsylvania Legislature sent four pieces of major legislation to the desk of Gov. Tom Wolf on Tuesday, the final day of the state government's 2014-15 state fiscal year. Wolf vetoed one of the bills on Tuesday night — a budget plan — and is expected to veto the others. Here is a summary of the legislation:
Maine lawmakers overturned Republican Gov. Paul LePage's veto of the $6.7 billion state budget Tuesday as they raced through dozens of remaining bills so they could head home to their districts for the summer.
Republican presidential candidate Rand Paul courted donors from the new marijuana industry Tuesday, making the Kentucky senator the first major-party presidential candidate to publicly seek support from the legal weed business.
Democratic Gov. Tom Wolf made good on his threat and swiftly vetoed the Republican-crafted spending plan Tuesday night just hours after the GOP's huge majorities in the Legislature sent it to him on the last day of the state government's fiscal year.
Greece slipped deeper into its financial abyss after the bailout program it has relied on for five years expired at midnight Tuesday and the country failed to repay a loan due to the International Monetary Fund, deepening fears over whether it will be able to remain in the eurozone.
Republican presidential candidate Jeb Bush on Tuesday posted more than three decades of tax returns online, revealing he has earned nearly $28 million since leaving the Florida governor's mansion in 2007 and paid an effective federal income tax rate of 36 percent between 1981 and 2013.