| Aug 29, 2012
Economies in China and Europe have weakened, and the U.S. has slogged through slow growth and high unemployment, yet stocks have climbed a shocking 10 percent since June on the expectation that the Federal Reserve and its counterparts in Europe would soon...
| Sep 2, 2012
You'd never think of Fed-speak as the warm fuzzies, but that's the way investors took Federal Reserve Chairman Ben Bernanke's speech Friday at Jackson Hole, Wyo.
Bernanke didn't say when he might stimulate the economy again, or how he might do it, but in...
| Sep 5, 2012
The shine is back in gold again, thanks to a tarnished global economy and the expectation that the Federal Reserve and European Central Bank are going to try to spark growth.
Gold hit $1,700 an ounce before closing at $1,696 on Tuesday in a...
| Sep 8, 2012
Convinced that the Federal Reserve and the European Central Bank are about to ride to the rescue, investors looked past the struggling economy on two continents Friday and pushed stocks to levels not seen since before the financial crisis started raging...
| Sep 16, 2012
Ben Bernanke sure knows how to move a market.
He started, of course, Aug. 31 at Jackson Hole, Wyo., when he hinted that he was going to offer the sweet stimulus that investors always savor. Stocks rose in anticipation. But last Thursday was the big day,...
| Jul 21, 2012
Because of the breakdown of political decision-making in the U.S. and Europe during the Great Recession, the burden of response has fallen largely on two big central banks: the Federal Reserve and the European Central Bank. And down the road, they are...
| Mar 27, 2013
The prospect of losing money in a bank savings account was once considered unthinkable, but the possibility sent Americans into a panic in the 2008 financial crisis, and the threat recently surfaced anew.
This time the focus is on European banks and the...
| Feb 27, 2013
Our European vacation from stock market angst has ended abruptly, with Italy's elections this week showing investors worldwide that they may have jumped too quickly at the conclusion that Europe's debt crisis had been tamed.
Much of the financial...
| Feb 28, 2013
| 9:18 AM
WASHINGTON -- The euro crisis is back. Actually, it never left. But there was an extended period, beginning last summer, when Europe's political, business and media elites convinced themselves the worst had passed. The European Central Bank (ECB) --...
| Feb 4, 2013
| 11:05 AM
The first people to tell the public that the world's oldest bank was cooking its books weren't the bank's executives, its outside auditors at KPMG, its regulators at the Bank of Italy, or anyone else who had a duty to keep the place honest. They were...
| Dec 31, 2012
| 9:10 AM
WASHINGTON -- One fateful question for 2013 is this: What happens to globalization? For decades, growing volumes of cross-border trade and money flows have fueled strong economic growth. But something remarkable is happening; trade and international money...