| Jan 22, 2015
| 8:29 AM
The European Central Bank announced a huge monetary stimulus plan designed to boost the region's sagging economy and fend off the specter of deflation.
At a packed news conference streamed online from the ECB's headquarters in Frankfurt, Germany, the...
| Dec 24, 2014
| 4:14 PM
As we embark on the seventh year since the historic collapse of the Lehman Bros. investment bank, it's clear we haven't fixed what broke the economy in 2008. Big banks still control Congress. Workers remain acutely vulnerable to another financial crisis....
| Dec 27, 2014
The stock market is expected to continue to be kind to investors in the new year but with more humble gains than the last three years.
Some analysts anticipate that by the end of 2015, the market will deliver only about 5 percent growth — far...
| Oct 5, 2014
RICHMOND — It's hard to wedge enough nuance into a conversation about the state budget.
After all, there are a lot of ways to slice nearly $48 billion in annual spending. Even a close reading of the 500-page budget leaves questions unanswered....
| Dec 25, 2014
| 6:24 AM
Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems facing the government as it fights its worst economic crisis since 1998.
| Dec 11, 2014
| 7:11 AM
A years-long effort at Wellesley College to turn back the tide of grade inflation shows how tough it is. An article in the latest issue of the alumnae magazine shows that as much as everyone knows those straight-A grades don’t mean nearly what...
| Dec 11, 2014
| 7:49 PM
Karl Otto Poehl, the Bundesbank president who managed the introduction of the deutsche mark in East Germany before reunification in 1990 and helped lay the foundations for Europe's common currency, has died. He was 85.
Poehl died Dec. 9, the Frankfurt-...
| Dec 12, 2014
| 1:20 PM
U.S. stocks sank, with the Standard & Poor’s 500 Index capping its biggest weekly drop in two-and-a-half years, as oil continued to slide and Chinese industrial data raised concern over a global economic slowdown.
The Dow Jones Industrial...
| Dec 17, 2014
| 6:59 AM
Plunging gasoline costs led to the largest drop in consumer prices in six years last month and added another complication for Federal Reserve policymakers as they try to determine when to start raising interest rates.
The Consumer Price Index declined...
| Dec 17, 2014
| 11:15 AM
The Federal Reserve signaled Wednesday that its first interest rate hike in eight years is approaching as policymakers stopped indicating that short-term rates would remain near zero for “a considerable time.”
Instead, the Fed said in a...
| Dec 9, 2014
| 2:30 AM
Even as growth slows worldwide and Europe struggles to stay out of recession, the U.S. economy will gain momentum in 2015. Kiplinger expects the economy to grow 3 percent or better in 2015. That's the best annual growth rate since 2005.