Bloomberg Executive Apologizes as New Leaks Surface
Bloomberg LP moves to repair damage to its reputation after a report said that more than 10,000 client messages containing sensitive pricing data had been leaked online.
European Central Bank
Cyprus Bailout Deal Approved by European Finance Officials
A deal reached early Monday prevents Cyprus' imminent financial meltdown by securing a last-minute $13 billion bailout.
Talks With Russia to Avert Cyprus Financial Crisis Fail
Talks between Russian officials and the Cypriot government broke up early Friday, with no agreement on a cash infusion to help the tiny island nation secure an EU bailout.
Cyprus Scrambles to Devise Plan to Avert Banking Crisis
Cypriot officials are scrambling to cement a revised plan to raise funds demanded by international creditors in exchange for an international bailout.
Markets Shrug Off Cyprus Rejection of Bailout Plan
Financial markets on Tuesday shrugged off the Cypriot parliament's rejection of a plan to confiscate part of people's bank deposits in order to qualify for an international bailout loan.
Behind Cyprus' Plan to Seize Bank Deposits
A plan to seize up to 10 percent of Cypriot's savings has been met with fury and raised concern, if not panic, in the rest of Europe about the security of bank deposits.
Beware the Coming Emerging Market Bust, Warns Banking Group
A leading lobby group for the world's financial institutions is warning investors not to get caught flat-footed in emerging markets if rich-country central banks end their easy and cheap money policy of the past few years.
U.S. Stock Prices Dip Ahead of Earnings Season Kickoff
U.S. stocks fell Tuesday as traders awaited the start of the corporate earnings season. Market-watchers expect the quarter's results could include many surprises because of events like Superstorm Sandy, the presidential election, and the narrowly avoided "fiscal cliff."
Top 10 Business Stories of 2012
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?
And the Number One Threat to the Market Is...
With the market in exuberant, can't lose bull-mode, we asked a group of our favorite investors, strategists, and economists a simple question: What's the #1 threat to the market right now? Here are the answers we got.
World Markets Still Feeling Good About ECB's Bond-Buying Plan
A unlimited bond-buying plan from the European Central Bank continued to buoy financial markets on Friday while worse-than-expected U.S. jobs data lifted expectations that the Federal Reserve will back another monetary stimulus.
Markets Hold Their Breath In Fear of Disappointment from Draghi
Longer-dated Spanish government bond yields fell and German debt sold off on Thursday with expectations high that the European Central Bank will detail plans to buy struggling eurozone countries' debt to curb the bloc's long-running debt crisis.
Will Ben Bernanke Give the Market What It Wants?
Financial markets are likely to continue to expect another round of Fed easing for the time being, even if Fed Chairman Ben Bernanke just holds out hope for more without committing to it.
Why World Markets Focus on Tiny Jackson Hole, Wyo.
Every August, the world's financial markets shift their attention from the centers of global commerce to a mountain valley in northwest Wyoming. On Friday, they will hear a speech by Federal Reserve Chairman Ben Bernanke. So how did Jackson Hole, Wyo., come to wield such outsize importance in global economic affairs?