| 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 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...
| 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,...
| 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.
| 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.
| 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...
| 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...