| Jan 17, 2015
| 10:17 PM
If you've been thinking about taking a European vacation, it's almost time to book those tickets. (Well, as long as you weren't planning on going to Switzerland). That's because the euro is falling so fast against the dollar — down to $1.15 per...
| Jan 11, 2015
| 5:00 AM
For the fourth time in 12 years, the world is facing a deflation scare. And as with any good horror movie, no one is sure what lurks in the shadows.
Since summer, slowing growth in China and severe weakness in Europe and Japan have deepened fears that...
| Dec 4, 2014
| 1:40 PM
The stock market posted slight losses Thursday after European Central Bank officials decided to delay any stimulus for the struggling continent until next year. Investors also braced for the release of Friday's closely watched U.S. jobs report.
| Dec 5, 2014
| 7:47 PM
U.S. stocks soared close to the symbolic 18,000-point threshold on news of much higher-than-expected job growth last month, underscoring the nation's strengthening economy.
Major equity indexes worldwide also shot up as investors bet that the American...
| Jan 2, 2015
| 9:15 AM
The euro slid to a 4-1/2 year low against the dollar Friday after European Central Bank President Mario Draghi indicated the bank could soon back a government bond-buying program to deal with alarmingly low inflation across the 19-nation eurozone.
| Jan 2, 2015
| 6:20 PM
The dollar is still king at the start of 2015, hitting a nine-year peak as the U.S. economy continues to improve while other nations struggle.
An index measuring the greenback against a basket of currencies, including the euro and the Japanese yen,...
| Jan 5, 2015
| 9:17 PM
Plunging oil prices Monday spooked investors already nervous about weakness in Europe, leading to the biggest one-day drop in stocks in three months.
U.S. crude oil dipped below $50 a barrel for the first time in nearly six years. Coupled with...
| Nov 5, 2014
| 8:53 PM
Asian shares and commodity currencies dropped on Thursday as investor concerns about a slowing Chinese economy eclipsed optimism over the U.S. outlook, while Tokyo stocks stepped back after posting large gains in a Bank of Japan-inspired rally.
| Oct 2, 2014
| 10:52 AM
European Central Bank head Mario Draghi underlined the bank's willingness to step up its economic stimulus efforts with large-scale bond purchases if needed — but his comments after the bank's meeting Thursday did not seem to bring that day any...
| Sep 3, 2014
| 2:38 PM
The world's leading central bankers recently attended a symposium in Jackson Hole, Wyo. Some European economists have finally learned their lesson as Europe sinks into another economic downturn. Mario Draghi, the European Central Bank president, urged...
| Sep 4, 2014
| 9:45 AM
The European Central Bank, in a surprise move Thursday, cut its main interest rate to rock bottom and said it would buy certain securities and bonds in a bid to stimulate growth and combat increasing risks of deflation.
In addition to lowering its key...