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European bank willing to buy bonds to save euro
The European Central Bank is preparing to unleash its financial might and buy government bonds to help drive down borrowing costs in debt-ridden ...
Spain nabs 3 al-Qaida suspects, Europe plot feared
Police have arrested three suspected members of al-Qaida who amassed explosives and may have been plotting attacks in Spain or elsewhere in Europe, ...
Greece resumes debt talks with inspectors
Greece's coalition government has resumed austerity negotiations with international debt inspectors, after narrowly avoiding a political crisis that ...
Text of statement by ECB President Mario Draghi
Below is the full text of the speech that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ...
Oil above $89 after US supply drop, Draghi awaited
The price of oil hovered above $89 a barrel Thursday after U.S. crude supplies dropped more than expected and markets waited to see if the European ...
S&P downgrades Cyprus deeper into junk
Ratings agency Standard & Poor's lowered Cyprus' sovereign debt grade one notch deeper into junk territory on Thursday and warned of further ...
Markets in wait-and-see mode ahead of ECB
Financial markets were in a tentative mood Thursday as investors waited to hear what the European Central Bank plans to do to get on top of the ...
Fed: US growth slows, but no action needed _ yet
The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to try to boost growth if hiring remains weak.
ECB may have to change tack on bond buys
When European Central Bank head Mario Draghi said that he was ready to "do whatever it takes" to save the euro, he fueled investor hopes the bank ...
IMF chief: European bank can do more to aid euro
International Monetary Fund chief Christine Lagarde on Wednesday urged the European Central Bank to take further steps to stabilize the eurozone's ...
Monti faults markets for high borrowing costs
Italian Premier Mario Monti slammed bond market investors Wednesday for failing to appreciate the reforms being undertaken by a number of euro ...
Asia stocks fall as China manufacturing slows
Asian stock markets mostly fell Wednesday after four days of gains as China's manufacturing slowed despite government stimulus efforts.
FACT CHECK: Romney on Polish economy, gov't role
Republican presidential challenger Mitt Romney hailed Poland's economy Tuesday as something akin to a Republican dream: a place of small government, ...
Will central banks rescue US, European economies?
The world's top central bankers have said they're willing to rescue the economies of Europe and the United States. This week we'll find out if they ...
Stocks slip ahead of crucial Fed, ECB meetings
Stocks ended slightly lower Tuesday as investors held back ahead of three critical events this week: policy meetings at both the Federal Reserve and ...
Greek coalition chiefs to hold new austerity talks
The heads of the three parties in Greece's new coalition government are to meet again Wednesday to try and agree on further austerity cuts strenuously ...
Fiat earnings slump under poor European sales
Italian carmaker Fiat reported Tuesday that second-quarter net income plummeted by 92 percent as a slump in European sales offset a profit at its U.S.
Greece shifting many police guards to patrol duty
Greece plans to shift roughly half of its police officers who are used for guard duty to crime-fighting efforts in cities instead, the national police ...
Fed could be moving to more bond buying
The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. The question is whether it will ...
Eurozone unemployment at record high in June
The number of people unemployed across the 17 countries that use the euro hit a record high in June, official figures showed Tuesday, in a stark ...
EU: Visa's cross-border fees hinder competition
European Union officials say they have informed Visa that they have additional objections to its fees for cross-border card purchases. The new ...
Oil prices inch back over $90 as ECB moves awaited
Oil prices inched above $90 a barrel Tuesday as investors remained confident that European policymakers will deliver new measures to get a grip on the ...
European Central Bank head accused of conflict
A European pressure group is accusing the Mario Draghi, the head of the European Central Bank, of conflict of interest for his membership of what it ...
Asian stocks push higher as ECB hopes build
Asian stocks pushed higher Tuesday as expectations continued to build that European policymakers will unleash powerful measures to battle the ...