Germany insists no eurobonds to solve debt crisis

A German official made clear on Monday that Berlin continues to oppose the idea of jointly-issued bonds for the 17-nation eurozone, which France's new president had suggested could be used to create much-needed economic growth and ease the region's financial crisis.

Germany insists no eurobonds to solve debt crisis

A German official says Berlin continues to oppose the idea of jointly-issued bonds for the eurozone, which France's new president had suggested could be used to fund economic growth.

Tropical Storm Alberto weakens off SC coast

Tropical Storm Alberto hovered off the South Carolina and Georgia coasts on Sunday, canceling tourist cruises, producing showers and serving as a reminder that the 2012 Atlantic hurricane season is just around the corner.

Europe faces difficult search for growth

On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the hard part.