Trichet

The European debt crisis is back: Portugal is in political turmoil, and may need a major bailout, and Spain may too. But the E.U.'s strong healthy are rebelling against propping up their weaker neighbors. The real issue, though, is that the E.U. hasn't yet addressed the fundamental flaw built into it at the euro's creation.

European Central Bank President Jean-Claude Trichet issued a warning to EU member nations Monday, telling them that there will be penalties for countries that fail to follow the financial guidelines defined by the EU. Those penalties could include the loss of voting rights.

U.S. stocks are set for yet another lower open Friday morning after two consecutive days of declines. The technology sector will remain in the spotlight after Dell's (DELL) worse-than-expected earnings reported late Thursday. As a whole, investors may be moving toward safer securities in the...

The global recession has dramatically reduced demand and tightened credit, but now monetary officials in the world's three largest economies have signaled that they'll do what it takes to help reverse those negative trends. A day after China's central bank pledged to keep money flowing into the...

The dollar has had much working against it in the past decade: roughly eight years of policy errors, an inability by public officials to recognize the mercantilism of major economic powers, and (until recently) a U.S. consumer unable to curb profligate spending habits. But the buck has had one...

During difficult financial times, investors often turn to likes of Warren Buffett or George Soros for analysis. However, today we turn to another sage -- Lawrence Peter "Yogi" Berra, retired Hall of Fame New York Yankees catcher and author of yogiisms, incisive malapropisms that reveal eternal...