| Jan 27, 2015
| 6:30 PM
PARIS -- The European Union can see a ribbon of the light of dawn upon the horizon. Years of trudging through an economic slough of despond, guarded by German warders, have left the states of the European Union's south near to despair. This is true of...
| Feb 5, 2015
| 6:13 PM
A charm offensive by Greece's new leaders appears to have done little so far to persuade the country's skeptical creditors to modify the terms of the hated bailout that has kept its economy afloat since 2010.
Greece's far-left Syriza party was swept...
| 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...
| 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...
| 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...
| 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...