Fed Chair Janet Yellen addressed current economic and labor conditions at the Economic Club of New York on Wednesday. Andrew Slimmon, Morgan Stanley Wealth Management, and Mike Holland, Holland & Company Chairman, provide perspective.» Read More
European shares are expected to open flat Friday, though concerns about the euro zone debt crisis linger and could weigh on markets.
European shares were set to open flat to slightly lower Thursday, continuing to pause from strong gains earlier in the week.
European stocks were indicated to open lower after Moody's put Spain's credit rating on review for a possible downgrade, on worries over the country's debt and funding needs for next year.
The risks of debt deflation and disorderly sovereign and private-sector defaults are rising because policymakers are pressing ahead with spending cuts and raising taxes before seeing strong signs of an economic recovery, economist Nouriel Roubini wrote in a commentary piece for Project Syndicate.
European investors were set to take a wait-and-see approach to start Tuesday, with indications of little change to major markets at the opening bell.
China’s inflation is soaring, Democrats in Congress are likely to pass the tax cut extension and spending bill, the FOMC meets this week, European Union leaders will also meet this week and what has everyone so bullish? Here's what you need to know for this week.
European shares looked set to extend their winning streak to a fifth session Friday as investor sentiment got a boost from positive economic data from the U.S.
European stocks looked set to continue the strong performance of the previous session at the open Thursday as commodities regained strength and boosted the major indexes.
European stock index futures pointed to a lower open on Wednesday, with stocks poised to halt a week-long rally, mirroring a mixed session on Wall Street.
European stocks were seen rising on Tuesday, lifted by U.S. President Barack Obama's compromise deal to extend all Bush-era tax cuts for two years.
The euro once meant flush banks and easy credit, but these days it has laid bare a cold reality: Portugal shares the high wages and prices of richer northern European neighbors, but not their competitiveness, reports the New York Times.
European shares are seen opening little changed Friday after Thursday's strong gains, with investors waiting for widely-watched US nonfarm payrolls data for near-term market direction.
"This December...holds the key for much of the narrative in the capital markets for the next 12 months," one market strategist says.
If you held strong and stayed in the market, despite all the bears practically begging you to cash out, then congratulations. Now you can take some profits.
The euro nears parity with the dollar, the Bank of England undertakes its own QE2 and Greece opts to restructure its debt.
The next 24 hours could prove a major turning point in Europe’s crisis, one that substantially reduces the risk for all investors on world markets.
Gold isn't serving as a hedge against inflation, as traditionally has been the case. Instead, as investment guru Dennis Gartman points out, investors see gold as "a hedge against monetary uncertainty."
Even as Europe struggles to contain its latest debt crisis, fresh fissures are emerging that show the euro zone diverging into two — or even three — different economic parts that threaten to compound the problems even further. The NYT reports.
The EU bailout for Irish banks failed to quell financial markets. Borrowing costs for Portugal, Spain and others continue to rise, because structural problems created by the euro and single European market remain unaddressed and more crises are inevitable.
There are clearly two perspectives emerging on Europe's problems and this chasm in perspectives will become more clear as time goes by. The budget minded nations are reigning in the less disciplined sovereigns. Solvent Europe vs. broke member nations.