The European Central Bank, which was created in 1999 when the euro currency was born, started raising interest rates in the ...
European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong ...
This marks the first time the ECB has implemented back-to-back rate cuts since it began its current cycle of easing in ...
Asian shares are higher after China's central bank released plans for supporting stock markets through share repurchases.
Last month, the U.S. central bank cut the overnight rate by half a percentage point, citing greater confidence that inflation will keep receding.
U.S. stocks drifted around their record heights following the latest signals that the U.S. economy continues to hum.
Producers of metals and other raw materials rose after the European Central Bank cut its interest rates. Gold futures, which are particularly sensitive to rate moves, rose to new all-time highs.
On the heels of fresh data released Thursday, the European Central Bank announced it would further cut key interest rates.
Russia is hemorrhaging money. The country can no longer rely on gas and oil revenues to fill its coffers. The Ukrainians have ...