Mario Draghi

Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions involved in Europe's economic policymaking:...

WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...

We've been here before. It's a weekend reminiscent of the jittery past year. Investors are on edge as they gaze at political leaders across the Atlantic for assurances they will extend a last-minute bailout to a struggling European country and...

It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...

It was a maybe, maybe not week. Investors didn't think they needed to worry about sequestration; then they thought maybe they should. The outcome of Italy's elections looked foreboding for Europe's stability, but then investors thought, with time,...

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...

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...

It's not unusual to lose your balance while standing on a peak. And so it goes with the stock market. Investors suffered some fear of heights Monday and sent the Dow Jones industrial average tumbling. It was the worst day of this year, with a triple-...

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...

The stock market is at a five-year high after gaining 13.4 percent last year and carrying investors on a remarkable four-week run so far in 2013. With the Standard & Poor's 500 index up 5 percent in less than a month, investors are torn between...

WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday. More than a third of...

You had perfectly good reasons for being cowardly about the stock market in 2012, but caution didn't serve you well. Despite the fear that a eurozone breakup and a European bank infection would set off another global financial crisis ... despite the...