| Apr 15, 2015
| 6:08 AM
Europe's economic outlook is finally beginning to brighten a little. But don't expect European Central Bank head Mario Draghi to sound all that excited when he takes the stage Wednesday for his latest news conference.
Draghi will sound a little...
| 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.
| 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...
| 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...
| 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 19, 2015
| 2:45 PM
Europe's struggle with economic stagnation is raising questions about whether its prized project — the shared euro currency — can bounce back or even just survive.
Fundamental gaps left at the euro's creation in 1999 are haunting its...
| Jan 21, 2015
| 5:17 PM
In the summer of 2012, with the euro in crisis and the European experiment of unified government seemingly on the brink, the head of the European Central Bank made a now-famous vow.
"The ECB will do whatever it takes to preserve the euro," Mario...
| 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...
| 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...
| 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...
| 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,...