Topic: Mario Draghi
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US stocks dive after ECB doesn't act
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.
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US stocks fall sharply after ECB inaction
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.
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Forex: Euro slips on lack of ECB action
Forex trading sees euro selling off after European Central Bank says it has no plan to buy European government bonds. Euro falls to $1.33 in forex market.
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Is the US going to bail out Europe?
Officially, the International Monetary Fund is slated to help ease Europe's debt problems. But 20 percent of the IMF's funding comes from the US and Britain, and more money will be needed for a European bailout.
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Germany's Merkel takes hard line on fixes for eurozone debt crisis
German Chancellor Merkel is pushing guarantees of greater fiscal discipline in exchange for a more assertive European Central Bank role in addressing the eurozone debt crisis.
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Goldman Sachs to Europe's rescue
Italy's new leader, Mario Monti, is an ex-Goldman Sachs executive. Who knows more about debt problems than anyone else? The people who cause them, of course.
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Stocks fall in Europe, Asia over worries about Italy
Stocks drop 1 percent or more on major European indexes because of concerns about Italian debt. Japan limits losses with yen intervention. US stocks expected to open lower.
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European Central Bank offers lifeline to ailing eurozone lenders
European Central Bank chief Jean-Claude Trichet offered European banks emergency short-term loans. Speculation is rising over a plan by EU leaders to recapitalize banks.
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Global markets drop sharply on US, Europe outlook
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
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