The European Central Bank has cut its key interest rate by a quarter percentage point to a record low of 0.75% to boost a eurozone economy weighed down by the continent's crisis over too much government debt.
Bankers, governments and investors are starting to prepare for Greece to stop using the euro as its currency, a move that could spread turmoil throughout the global financial system. The worst-case scenario envisions governments defaulting on their debts, a run on European banks and a worldwide credit crunch reminiscent of the financial crisis in the fall of 2008.
Forget black cats, broken mirrors and unstoppable psychopaths in hockey masks -- on Friday the 13th, the biggest terrors sometimes hit our wallets. No, the Great Crash of 1929 didn't start on a Friday, but a fair number of financial disasters did.
An 11-year-old Dutch boy has gone where many of the best economic minds in Europe have feared to tread and proposed a radical solution to the European single currency's problems -- using a pizza as his inspiration.
There's never a dull moment on Wall Street, especially now when holiday shopping is under way. Let's go over some of the items that will help shape the week that lies ahead.