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Mario Draghi

A collection of news and information related to Mario Draghi published by this site and its partners.

Top Mario Draghi Articles

Displaying items 34-44
  • Stocks soar on upbeat job-growth news

    Stocks soar on upbeat job-growth news
    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...
  • ECB's Draghi details stimulus plan

    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...
  • European Central Bank chief swears to 'preserve the euro,' Dow soars

    European Central Bank chief swears to 'preserve the euro,' Dow soars
    Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...
  • Double dip: Eurozone falls back into recession

    Double dip: Eurozone falls back into recession
    The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1% in the third quarter from the earlier quarter. In the second quarter, the currency collective tightened 0.2%,...
  • Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%

    Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%
    WASHINGTON -- The economy added 169,000 net new jobs last month and the unemployment rate ticked down to a near post-Great Recession low of 7.3%, its lowest level since the end of 2008, the Labor Department said Friday. The job growth in August was...
  • ECB President Mario Draghi 'very cautious' on Eurozone revival

    ST. PETERSBURG, Russia — Even as European Union leaders at the G-20 summit here crowed about a reviving Eurozone, the head of the European Central Bank said he didn't share their optimism. In somber remarks, ECB President Mario Draghi said he...
  • What will the St. Petersburg G-20 summit be remembered for?

    What will the St. Petersburg G-20 summit be remembered for?
    ST. PETERSBURG, Russia -- There's been a lot of passionate talk and chatter here among G-20 leaders, but it seems to have been mostly about the conflict in Syria and whether they were willing to back President Obama's call for a military strike on the...
  • Weak jobs report could keep Fed from slowing stimulus this month

    Weak jobs report could keep Fed from slowing stimulus this month
    WASHINGTON -- The top-line number in the August jobs report was roughly in line with expectations, but economists digging into the details Friday saw bad signs that could give Federal Reserve policymakers concerns about reducing their stimulus efforts...
  • European Central Bank cuts key interest rate to fight recession

    European Central Bank cuts key interest rate to fight recession
    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...
  • Russia's Putin beats Obama for top spot in Forbes' most powerful

    Russian President Vladimir Putin is the most powerful person in the world, outflanking President Obama, whose authority was damaged by the recent government shutdown and budget crisis, Forbes magazine reported Wednesday in its annual rankings of global...
  • Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats

    Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats
    WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....