| 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...
| Jun 5, 2014
| 7:13 AM
In a bid to spur growth and avert the dangerous threat of deflation bedeviling the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below...
| 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...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| May 26, 2014
| 5:13 PM
While U.S. and British markets were closed for holidays Monday, stocks rose in Europe.
A benchmark of European equities climbed to a six-year high, while Italian and Spanish bonds advanced as policymakers said they would take steps to support economic...
| Jun 5, 2014
| 4:55 PM
In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
| 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...
| Aug 26, 2014
| 12:30 PM
Shades of France's notorious Third Republic! The latest French government has been summarily dismissed after only six painful months. It was certainly time for a change. President FranÃ§ois Hollande's poll ratings have plumbed new depths at 17 percent,...
| Aug 25, 2014
| 11:01 AM
The stock market hit a new milestone Monday.
Standard & Poor's 500 index rose above 2,000 for the first time as stocks climbed after news of corporate combinations and signals from central banks that easy-money policies won’t soon end.