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Market and Exchange

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  • Inside The Euro Crisis with Eckart von Klaeden, Minister of State in the Federal Chancellery

    Inside The Euro Crisis with Eckart von Klaeden, Minister of State in the Federal Chancellery
    On day two of my fellowship in Germany, our group of 12 American journalists learned more about the organization sponsoring our trip, the RIAS Berlin Kommission.
  • ECB surprises markets with rate cut, asset purchases

    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...

    Chicago wholesale gasoline prices rise on BP Whiting refinery fire

    Chicago wholesale gasoline prices rise on BP Whiting refinery fire
    Wholesale gasoline prices surged in Chicago on Thursday after a fire hit a piece of equipment used to produce gasoline at BP Plc's refinery in nearby Whiting, Indiana, trade and industry sources said. BP said the fire was extinguished at its biggest U.S....

    Ukraine says Russian tanks flatten town; EU threatens more sanctions

    Ukraine says Russian tanks flatten town; EU threatens more sanctions
    European Union officials will draw up proposals for new sanctions on Russia over its action in Ukraine within a week, European Council President Herman Van Rompuy said on Sunday. EU leaders decided at a Brussels summit to ask the EU's executive...

    Grocery prices rise 3.7 percent over year

    Grocery prices rise 3.7 percent over year
    Having a bit of sticker shock at the grocery store? You aren't alone with food costs rising 3.7 percent in a year in Broward and Miami-Dade counties in June, well above the 2.4 percent increase for the nation as a whole, according to the U.S. Bureau...