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7 minutes ago

Greek Finance Minister Resigns, Euro Falls


Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package. In a statement, Varoufakis said he had been "made aware" that some members of the euro zone considered him unwelcome at meetings of finance ministers. The euro fell sharply on Monday (local time) in Asia-Pacific trading after the vote against austerity measures demanded in return for bailout money. The Greek government said 61.3 percent of those voting in the referendum had backed the government's Syriza party and rejected the bailout conditions. "This does two things: it legitimizes the stance of the Greek government and it leaves the ball in Europe's court," ANZ Bank analysts said in a note. "Europe either folds or Greece goes bankrupt; over to you Merkel." The next step was unclear, with Greek Prime Minister Alexis Tsipras saying his government had a mandate to reach a viable solution and was ready to resume talks, while Germany and France were seeking a euro zone summit on Tuesday. The euro initially fell about 1.4 percent against its U.S. counterpart but trimmed its losses slightly to last trade at $1.0992. Get More at NBC News

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Carli Lloyd Becomes Captain America for U.S. Women

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9 Dead, 46 Wounded in July 4 Weekend Violence in Chicago

Monday, Jul 6, 2015 at 1:33 AM

Burt's Bees' Co-Founder Dies at 80

Sunday, Jul 5, 2015 at 7:41 PM

Man Dies After Setting Firework Off on Top of His Head

Sunday, Jul 5, 2015 at 4:06 AM
 

Freedom is not free. It's paid by all the folks who are here today and all the folks who are around the world.  

— President Obama, speaking to members of the military and their families at an Independence Day celebration on the South Lawn of the White House.
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Sunday, Jul 5, 2015 at 11:06 PM

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50 minutes ago
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By Nelson Hsu

Top Photos: U.S. Wins 2015 World Cup

The United States defeated Japan 5-2 to win the 2015 World Cup in Vancouver. See Full Gallery »

Sunday, Jul 5, 2015 at 10:37 PM

Man Steals Car, Carjacks Police Cruiser During Chase

Sunday, Jul 5, 2015 at 11:23 PM

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Monday, Jul 6, 2015 at 12:47 AM

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