To virtually no one’s surprise, the European Central Bank (ECB) this morning announced that it will leave its key interest rate unchanged at a record low of 0.75%. Now everyone ... Read Full Story »
Hitachi and Mitsubishi may merge (Reuters) Japan intervened in the yen (Reuters) Spain will offer bonds and the European Central Bank meets to examine option to help the country's debt ... Read Full Story »
JP Morgan (NYSE: JPM) may become the largest lender in the U.S. soon (Reuters) Jobs numbers may show that the economy has finally turned the corner (Reuters) Fitch downgraded Minnesota ... Read Full Story »
The drop in commodities may help rally the dollar (Reuters) The moderating growth of jobs claims is seen as a threat to the recovery (Reuters) A sharp drop in commodities ... Read Full Story »
The Bank of Japan did the unexpected. It cut policy interest rates to a range of .01% and zero. That program looks much like what the Federal Reserve and European ... Read Full Story »