Topic: European Central Bank
Euro zone steps toward fiscal unions buoy stocks in Asia. But a fall in the euro underscores ongoing worries over the euro zone's debt crisis.
12/12/2011 12:21 am
The Dow gained 186 points to close at 12184 Friday after a deal to forge stronger ties between most of Europe's economies sent stocks sharply higher
12/09/2011 05:40 pm
46 million people are living with the help of US government food handouts, and the average income figure is misleading.
12/09/2011 02:32 pm
The nations of the European Union have agreed to submit to tighter oversight of fiscal policies as many struggle with severe debt that could kill the euro and cause a new global recession.
12/09/2011 02:07 pm
Angela Merkel and Nicolas Sarkozy have proposed a pact to form a European 'fiscal union' with strict financial rules in parallel with the EU. But Britain has balked, leaving it the odd man out.
12/09/2011 01:52 pm
Euro deal would centralize oversight over European Union nations' budgets. The euro deal boosted the Dow 173 points in midday trading, but Britain is a holdout and euro agreements in the past have ultimately disappointed investors.
12/09/2011 12:31 pm
German Chancellor Angela Merkel has opposed many of the moves to stabilize the eurozone that her European colleagues favor. Is she the steady hand Europe needs now, or does she lack political courage?
12/09/2011 09:08 am
A look at four central players in the eurozone crisis, and what they want.
12/09/2011 07:00 am
US stocks on the Dow dropped 198 points to close at 11997 after the head of the European Central Bank said there was no plan for purchases of European government bonds. The drop in US stocks was the worst since November.
12/08/2011 05:14 pm
US stocks were down near session lows in midday trading. The European Central Bank's announcement that it had no large-scale bond-buying plan undercut enthusiasm for US stocks.
12/08/2011 01:44 pm