'Today the problem is solved," declared French President Nicolas Sarkozy just five weeks ago. "How happy I am a solution to the Greek crisis, which has weighed on the economic and financial situation in Europe and the world for months, has been found
Amid elevated market uncertainty, investors have been clamoring to get their hands on so-called "safe assets," privately and publicly issued securities with little risk used to hedge against more volatile investments.
There's a huge myth about monetary policy out there, and it goes like this: It's investors and banks who are demanding the Fed keep interest rates at 0%, while also doing QE over and over again.
China's central bank announced Saturday a slight easing of its controversial currency controls.
Stock markets have been extremely volatile this past week with concerns about Europe, China and domestic gas prices.
European markets took a big hit today, obliterating any hope generated by yesterday's rally.
Total disaster in peripheral Europe today
Jim Rogers has famously commented that, if you were smart in the 18th century, you moved to France. If you were smart in the 19th century, you moved to England. If you were smart in the 20th century, you moved to the US. And if you’re smart in the 21
Spanish bailout 'impossible' for eurozone, says prime minister Mariano Rajoy ... The eurozone is not equipped to bail out Spain, the country's prime minister Mariano Rajoy has admitted
G20 economy and trade ministers will meet next week in Mexico to seek a boost in trade as part of efforts to tackle Europe’s debt crisis, Mexican officials said Thursday.
Goldman Sach's Francisco Garzarelli writes that four things have him convinced that Europe will not fall back into the crisis environment it saw between August and December of last year
MARKETS TUMBLING: DOW OFF 100
The Spanish IBEX 35 fell below 3%, and the Italian FTSE MIB doesn't look much better.
The economic crisis in Europe continues to get worse and eventually it is going to unravel into a complete economic nightmare.
As Greece wonders whether its debt crisis will eventually spell its exit from the euro, one town, Volos, has formed an alternative local currency.
Myanmar (or Burma) has a number of things going for it that make it a great target for foreign investment
Spain is the calamity du jour.
Living well on less isn’t just about spending less. It’s also understanding where your money is going and who is making the things you touch everyday.
Google’s Project Glass has everyone talking.
This is a lesson China has chosen to ignore as signs of capital misallocation are widespread throughout the People’s Republic today.
Is the euro crisis over?
A major potential negative catalyst for financials globally is rapidly approaching as 114 banks are on review-for-downgrade by Moody's across 16 countries.
The European Central Bank may ultimately have to revive its controversial program of buying euro-zone government bonds if the flight out of Spanish and Italian bonds continues, analysts say.
Just a few weeks ago the head of the IMF, Christine Lagarde, looked at Greece and declared "economic spring is in the air".
A village in Spain has failed to back a plan to grow marijuana to pay off debts created during the financial crisis.
A top Swiss court has blocked the handover of information about a Credit Suisse client to US authorities.
London equities rebounded at the end of trade on Wednesday..
...the leader of the country's far right National Front - currently forecast to come third in the race - has a tough fight on her hands.
Germany offered the lowest ever yield for its 10-year government bonds on Wednesday
Italy's one-year borrowing costs rose for the first time since November at a sale of short-term bills on Wednesday