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Greece could be biggest national default in history

If Greece defaults on its debt, it will be the biggest default by a country in history.

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CNN

Why Puerto Rico's economy is in a 'death spiral'

Puerto Rico's economy is heading into a "death spiral" right now.

That's how the commonwealth's governor, Alejandro García Padilla, summed up the situation in an interview with the New York Times. Puerto Rico owes about $73 billion in debt, which Pad...

NY Money Market

Emmanuel Tambakakis

Global markets spooked by looming 'leap second'

You won't even notice it -- it will literally pass by in a second. But markets around the world are frantically trying to avoid a leap second that threatens to disrupt global trading on Tuesday.

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Connoisseur travelers choose airline based on drink options

Whenever Ben Schlappig travels from his home in Los Angeles to Europe, he flies Singapore Airlines.

Shanghai index 6 28

CNN Money

China stocks free fall into a bear market

China stocks resumed their dramatic slide Monday as investors pulled out of the market despite a decision by the central bank to cut interest rates to a record low.

The Shanghai Composite swung between massive gains and losses before closing down 3.3%...

Greece Flag 2

The very big risks of the Greek debt crisis

Greece is spiraling ever deeper into a financial and political crisis that could end with it becoming the first country to crash out of the euro.

Hyundai logo on car grille

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Hyundai named official NFL auto sponsor in 4-year deal

Hyundai and the National Football League announced on Monday that the Korean-based automaker would become the league's latest auto sponsor in a deal that will last four years.

Baby

Naming your baby Quinoa could win you $10K

Expecting a baby in the next couple of days? Hours?

The grossest health concerns of summer

You are not the only one who thrives in the summer and loves its warm, long days. Bacteria and other microbes that cause food poisoning, diarrhea and just general grossness also flourish, threatening to make it a season to be sick.

Puerto Rico map

CNN

Governor: Puerto Rico near 'death spiral'

Puerto Rico can no longer make payments on its $73 billion in debt, according to Governor Alejandro Garcia Padilla, who warns the island is perilously close to entering a "death spiral"

"The debt is not payable ... there is no other option. This is n...

Greek financial crisis

Milos Bicanski/Getty Images

Greece shuts banks in bid to prevent collapse

Banks in Greece stayed shut on Monday as officials scrambled to prevent the country's financial system from collapsing in panic.

Account holders were also facing tough limits on what they can withdraw from ATMs, and trading in Greek stocks and bonds ...

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