European Central Bank

The calendar beckons investors to tread lightly through the stock market, according to an old saying. "Sell in May and go away" is a popular slogan among pundits because, over the years, stocks have sometimes suffered losses from May through October,...

WASHINGTON -- The Eurozone's unemployment rate hit a record high of 12.1% in March as the region continued to struggle with recession, government officials said Tuesday. The seasonally adjusted jobless rate for the 17-nation group topped the previous...

ATHENS – Fears concerning Greece’s efforts to fix its faltering economy flared anew Monday as bank shares sank 30% -- the maximum allowed in a day -- after plans to merge the country’s two biggest lenders were suddenly frozen. Investors...

Japan's central bank took a massive bet to reset its economy and pull out of nearly two decades of deflation. The Bank of Japan announced an aggressive and ambitious plan Thursday to expand its purchase of long-term bonds and double the amount of...

WASHINGTON -- The International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination of...

A few months ago, the European Union economy was barely on their radar screens. Now a team of St. Joseph High School sophomores is first runner-up in the national Euro Challenge Competition held recently in New York. Their entry was so last-minute that...

ATHENS — Greek bank stocks plunged 30% on Monday, the maximum allowed in a day, after plans to merge the country's two biggest lenders were suddenly frozen. The surprise freeze came amid testy talks between the government and international...

Are the golden years over for gold? With prominent hedge fund managers such as George Soros selling large quantities of gold, and the price down about 16 percent from 2011's all-time peak of more than $1,900, some experts think gold's best days could be...

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...

WASHINGTON -- The bailout of Cyprus -- if it can be called that -- bore all the trappings of Europe's standard response to its economic crisis. The last-minute, melodramatic rescue was complex, contentious and controversial. Decisions were taken that, for...

What's a Slovenian with several hundred thousand euros in the bank supposed to do? Spread it out among at least a few different banks, that's what. Or move the money out of the country, while it's still possible. Imagine what must be on the minds of...

ATHENS — Despite widespread fear of panic and protests, Cyprus' cash-starved banks reopened Thursday, allowing customers to access their accounts under stiff regulations mandated by a harsh bailout plan that has raised questions about Europe's...