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Markets

Italy pays lower rates in auction of 6-month debt
Italy has paid sharply lower interest rates to raise €9 billion ($11.25 billion) in six-month treasury bonds, confirmation that investor confidence ...
Stocks mixed in thin trading; oil creeps over $96
Mixed economic data kept the stock market hovering near break-even Tuesday. One report on home prices looked encouraging, and another on consumer ...
Spain's Catalonia asks Madrid for financial help
Spain's financial worries increased Tuesday after another of its struggling regions asked for central government aid to stop it from defaulting on its ...
Markets stall as traders await US Fed chief speech
Stock markets retreated Tuesday due to global worries about the impact of the eurozone debt crisis and as investors awaited a key speech by the U.S.
Draghi skips Jackson Hole as ECB shapes bond plans
European Central Bank head Mario Draghi has called off his trip to an annual Jackson Hole conference of central bankers this week due to a heavy ...
Hungary cuts key interest rate to 6.75 percent
Hungary's central bank says it is cutting its main interest rate from 7 percent to 6.75 percent, confounding analysts' expectations of no changes ...
Oil rises above $96 on Tropical Storm Isaac
The price of oil rose to above $96 a barrel on Tuesday as weather forecasters said Tropical Storm Isaac, which was causing oil production cuts in the ...
Italy pays lower interest rate in bond sale
Italy has paid sharply lower interest rates to sell €3.75 billion ($4.7 billion) in treasury bonds, a confirmation that investor confidence in the ...
Spain pays sharply lower rates in bond auction
Spain's Treasury has sold nearly €4 billion ($5.01 billion) in short-term debt auctions that saw investors accepting much lower interest rates, ...
On a quiet day, Apple rules the stock market
The biggest story in the stock market Monday was Apple, but that wasn't saying much. Stocks barely moved. Trading was light, even by the slumberous ...
German FM: Euro crisis will define image of Europe
Europe's handling of the financial crisis will determine the way other regions of the world and its own citizens view the continent, affecting foreign ...
German business confidence down more than expected
German business optimism fell more than expected in August, according to the Ifo survey published Monday, another sign that Europe's largest economy ...
Oil rises as storm barrels thru Gulf of Mexico
The price of oil rose to near $97 a barrel on Monday as Tropical Storm Isaac barreled across the Gulf of Mexico and toward the U.S. mainland, picking ...
Spain revises down GDP for 2011, 2010
Spain's economy did worse in 2011 and 2010 than previously estimated, the National Statistics Institute said Monday, adding to the gloom surrounding ...
Germany borrows again at negative rates
Germany has borrowed money again at negative interest rates, meaning investors are taking a loss for the chance to hold the super-safe securities ...
Why light trading this summer is not so worrisome
Someone call a doctor. The stock market just lost its pulse. Prices are barely moving day to day. Investors are trading far fewer shares than they did ...
German minister rejects more time for Greece
Germany's economy minister has rejected calls for Greece to get more time to implement economic reforms, saying in an interview Sunday that Athens ...
France's Hollande says Greece must remain in euro
French President Francois Hollande praised the Greek people on Saturday for making painful budget cuts, while urging them to do more to show their ...
Oil price falls after report of more supplies
The price of oil fell on Friday after a trade journal reported that Western countries might release more oil reserves. Benchmark crude traded in New ...
A word from Bernanke turns stocks around
The stock market keeps getting tossed around by the Fed. Stocks opened lower Friday but reversed course after a letter surfaced from Federal Reserve ...
Greeks brace for more pain
Sitting in his coppersmith's shop in Psyrri, the main tourist shopping area of the Greek capital, Athens, Apostolos Liamiras takes stock of the ...
European authorities ask Spain to delay "bad bank"
The European Commission has asked Spain to delay by another week the plans to create a "bad bank", a fund that would pool much of its financial ...
Markets recover early losses on stimulus hopes
Global markets recovered from earlier losses on Friday on hopes that central banks will act to support their weakening economies. Economic indicators ...