ATHENS, Greece (AP) — Greece set a series of landmarks Monday it hopes will shore up its battered economy following months of crisis that threatened its place in the euro.
Banks reopened after more than three weeks, and the cash-strapped country got a short-term loan from European creditors to pay more than 6 billion euros ($6.5 billion) owed to the International Monetary Fund and the European Central Bank. Non-payment on either would have derailed Greece's recent bailout request.
4. US stocks rise as eBay, Citi, others report strong earnings - Friday, July 10, 2015
NEW YORK (AP) — Stocks are rising broadly in midday trading Thursday after several big companies reported better-than-expected earnings. Citigroup, Intel, Netflix and eBay all beat analysts' forecasts. The rise in U.S. stocks follows a rally in European markets on news that Greece's parliament approved pension reforms and other measures demanded by its creditors.5. Greek parliament to vote on painful new austerity bill - Friday, July 10, 2015
ATHENS, Greece (AP) — Greece's lawmakers were debating an austerity bill set for a midnight vote Wednesday that will condemn the country to years of more budget savings but is needed to get a new bailout and avert financial collapse.6. Greece reaches deal with creditors, avoids euro exit - Friday, July 10, 2015
BRUSSELS (AP) — After months of acrimony, Greece clinched a preliminary bailout agreement with its European creditors on Monday that will, if implemented, secure the country's place in the euro and help it avoid financial collapse.7. Greece's Tsipras to sell austerity deal to reluctant party - Friday, July 10, 2015
ATHENS, Greece (AP) — Greek Prime Minister Alexis Tsipras sought his left-wing party's backing on Friday for a new budget austerity package that is harsher than what he urged Greeks to reject in a vote just last week, but would provide the country will longer-term financial support.8. Greece rushing to finalize reforms and remain in euro - Friday, July 03, 2015
ATHENS, Greece (AP) — Greece's government was racing Thursday to finalize a plan of reforms for its third bailout, hoping this time the proposal will meet with approval from its European partners and stave off a potentially catastrophic exit from Europe's joint currency, the euro, within days.9. Greece seeks 3-year aid program, rushes to detail reforms - Friday, July 03, 2015
ATHENS, Greece (AP) — Greece requested a new three-year rescue program from its European partners on Wednesday and rushed to complete a detailed plan of economic reforms in time to avoid the country's descent into financial chaos.10. Greece restarts talks with creditors as country on edge - Friday, July 03, 2015
BRUSSELS (AP) — With their country struggling to stave off financial collapse, Greek officials restarted talks with skeptical creditors on a new rescue deal, but showed up Tuesday without the concrete proposals their European counterparts had demanded.11. What's next, as Greece stumbles toward euro exit - Friday, July 03, 2015
FRANKFURT, Germany (AP) — Greece is at the last chance saloon, thirsty and out of credit. Next stop could be the badlands of euro exit.
Without a deal on more bailout loans, the heavily indebted country faces looming financial hurdles in the coming days.12. US stocks slip amid global sell-off after Greek 'no' vote - Friday, July 03, 2015
NEW YORK (AP) — Stocks in the U.S. fell broadly following drops in overseas markets as Greeks voted to reject creditor conditions for more loans, but the losses weren't as steep as many had feared.13. After vote win, Greece's Tsipras looks to rebuild talks - Friday, July 03, 2015
ATHENS, Greece (AP) — Despite triumphing in a popular vote against austerity, Greece on Monday faced the urgent need to heal its ties with European creditors and reach a financial rescue deal that might prevent it from falling out of the euro — possibly within days.14. Greek vote campaign begins amid grinding cash crisis - Friday, June 26, 2015
ATHENS, Greece (AP) — The battle for Greek votes entered full swing Thursday ahead of a crucial weekend referendum that could decide whether the country falls out of the euro. For Greeks, particularly the elderly, the daily struggle to get cash ground on in the face of uncertainty.15. US stocks gain as Greece appears to be willing to negotiate - Friday, June 26, 2015
NEW YORK (AP) — Hopes that a deal could be reached between Greece and its creditors pushed stocks higher on Wednesday.
The U.S. market opened higher, following strong gains for European stocks, after Greek Prime Minister Alexis Tsipras wrote a letter to the nation's creditors and appeared to make concessions. Greece failed to repay a loan to the International Monetary Fund that was due on Tuesday after talks between the nations and its creditors broke down late last week.16. Greece, creditors to discuss new plan as bailout to expire - Friday, June 26, 2015
ATHENS, Greece (AP) — Greece's European creditors were assessing a last-minute proposal Athens made for a new two-year rescue deal, submitted just hours before the country's international bailout program expires and it loses access to billions of euros in funds.17. US stocks notch worst day of year as Greek crisis escalates - Friday, June 26, 2015
NEW YORK (AP) — Fears that Greece's troubles could spread through the global financial system shook markets on Monday, driving U.S. stocks to their worst day of the year.
Investors fled from stocks in Europe and the U.S. and retreated to the safety of government bonds. Measures of volatility spiked. In many ways, it looked similar to previous episodes in Europe's long-running debt crisis, except that this time, investors said, they weren't quite as worried.
18. Greece, creditors edging closer to rescue deal - Friday, June 26, 2015
BRUSSELS (AP) — Greece and its rescue creditors edged closer to a deal on loans needed to avoid a potentially disastrous bankruptcy, but angry objections in Athens to some demands kept the talks on edge ahead of a key meeting this weekend.19. Greece, creditors at loggerheads as debt deadline looms - Friday, June 19, 2015
BRUSSELS (AP) — Greece and its international creditors remained at loggerheads Thursday over reform measures that Athens must introduce to unlock billions of euros in loans and prevent a likely bankruptcy of the country.20. Divisions remain on Greece as officials meet for last push - Friday, June 19, 2015
BRUSSELS (AP) — Greece's leader was trying to bridge differences with creditors Wednesday on a plan to make more reforms in Greece in exchange for bailout loans the country needs to avoid a potentially disastrous default next week.21. Greece: We had no choice but to propose 'harsh' reforms - Friday, June 19, 2015
ATHENS, Greece (AP) — Greece's economic reforms plan includes "harsh" measures the government would not have proposed had it had a choice, a spokesman said Tuesday.
The country this week offered a series of measures, including multiple tax increases, to persuade its creditors to release bailout funds and keep the country from defaulting on its debts as soon as next week.22. Bernanke: Dump Jackson, not Hamilton, on US currency - Friday, June 19, 2015
WASHINGTON (AP) — Former Federal Reserve chief-turned blogger Ben Bernanke is calling for the U.S. Treasury to abandon plans to drop Alexander Hamilton from his featured spot on the $10 bill and to dump Andrew Jackson from the $20 instead.23. Greece gets temporary lifeline, turns hope to new summit - Friday, June 19, 2015
ATHENS, Greece (AP) — With the clock running down on Greece's chances of avoiding a painful exit from the euro, the country got a temporary lifeline Friday to help it cope with a bank deposit drain and turned its hopes to a European leaders' summit next week.24. US stocks advance; Harley climbs on buyback plan - Friday, June 12, 2015
US stocks moved sharply higher in midday trading Thursday, as investors assessed the latest corporate deal and earnings news. The rally came a day after the Federal Reserve suggested that it wasn't planning to raise interest rates right away.25. Focus on talk of company deals sends US stock indexes higher - Friday, June 12, 2015
Signs of more corporate dealmaking sent U.S. stocks higher on Tuesday, allowing investors to take their mind off Greece's debt troubles.
Investors were also looking ahead to Wednesday's economic and interest rate policy update from the Federal Reserve. They'll be looking for hints as to when the central bank will begin raising its key interest rate after holding it close to zero for more than six years.
26. Why a higher-rate era may not pain economies and individuals - Friday, June 12, 2015
WASHINGTON (AP) — Consumers, businesses and investors are facing an era of higher borrowing costs as some of the lowest global interest rates in modern history begin to rise.
Yet the message from most economists is a reassuring one: Rates won't likely climb fast or high enough to inflict much damage on economic recoveries in the United States or Europe. Borrowers and investors may feel some short-term pain but should manage fine in the long run.27. Greece set to present fresh proposals to break impasse - Friday, June 12, 2015
ATHENS, Greece (AP) — Greece said Friday it will present its creditors with new proposals over the weekend in an attempt to breathe life into stalled bailout discussions that have stoked fears of the country's bankruptcy.28. Greece gets wake-up call: coming week could seal its fate - Friday, June 12, 2015
BRUSSELS (AP) — International creditors sent Greek Prime Minister Alexis Tsipras home from a summit Thursday with a clear message: swiftly tone down your demands in the bailout talks over the next week or face financial ruin.29. US stocks move higher, building on gains from the day before - Friday, June 05, 2015
NEW YORK (AP) — U.S. stocks rose Thursday after an encouraging report on retail sales suggesting consumers are shaking off their winter doldrums. Eight of the 10 industry sectors of the Standard & Poor's 500 index rose.30. Greece makes new proposals to end bailout impasse - Friday, June 05, 2015
ATHENS, Greece (AP) — Greece has made new proposals aimed to end a long standoff with international bailout creditors and unlock vitally needed rescue funds, officials in Athens and Brussels said Tuesday.31. US stocks end lower, pushing Dow into the red for the year - Friday, June 05, 2015
NEW YORK (AP) — The Dow Jones industrial average slipped into the red for the year on Monday as stocks extended their slump.
Airlines were among the biggest losers amid concern that capacity growth in the industry may curb profitability. JetBlue Airways, American Airlines and Delta Air Lines were among the carriers that declined.
32. Greece faces risk of early elections amid bailout standoff - Friday, June 05, 2015
ATHENS, Greece (AP) — Greece faced the risk of early elections, adding new uncertainty to its crisis, as many in the ruling radical left party said Friday there was no way they would agree to the budget cuts creditors are demanding in exchange for rescue loans.33. ECB keeps rates on hold, markets look to Draghi comments - Friday, May 29, 2015
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate on hold Wednesday, as expected, leaving investors to look ahead to President Mario Draghi's comments due later, particularly for any news about Greece.34. Stocks end week lower following disappointing economic data - Friday, May 29, 2015
NEW YORK (AP) — Stocks sank Friday following news that the U.S. economy shrank in the first three months of the year.
The revised data showed that gross domestic product contracted 0.7 percent in the first quarter. That was worse than the government's initial estimate of growth of 0.2 percent.
35. US stocks recover from a slump the day before - Friday, May 22, 2015
NEW YORK (AP) — Stocks ended higher Wednesday, recovering the most of their losses from the day before, as Greece appeared closer to resolving its latest debt issues.
However, the overall market remains directionless as most investors are focused on figuring out when the Federal Reserve's long-awaited interest rate increase may come.
36. Slumping energy sector leads a broad sell-off in US stocks - Friday, May 22, 2015
NEW YORK (AP) — The stock market endured its worst day in three weeks on Tuesday as investors fretted over Greece's debt crisis and a surge in the U.S. dollar.
Investors seeking safety bought U.S. government bonds.
37. US stock market drifts from latest record highs - Friday, May 15, 2015
NEW YORK (AP) — The stock market slipped back from its latest record high in a listless day of trading Tuesday. Oil companies and drillers tugged major indexes down as the price of crude oil dropped for a fifth day straight.38. US stocks drop as investors assess corporate earnings - Friday, April 24, 2015
NEW YORK (AP) — U.S. stocks traded lower Thursday as investors assessed the latest corporate earnings. Harman International, which makes audio systems for cars, and Yelp, an online listings company, fell sharply after posting weak earnings.39. G-20 finance officials confronting global weakness - Friday, April 17, 2015
WASHINGTON (AP) — Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring U.S. dollar to a big drop in oil prices.40. European vacation as much as 25 percent cheaper due to euro - Friday, April 10, 2015
LISBON, Portugal (AP) — Vacations in Europe have a new attraction: the euro's steep drop in value is making the continent much cheaper for tourists from across the world, especially the United States and China.41. US stocks rise as earnings roll in, oil prices climb - Friday, April 10, 2015
NEW YORK (AP) — Rising corporate profits and a jump in oil prices helped push the stock market to a modest gain on Wednesday. Delta and Intel led the way up after turning in results that beat Wall Street's forecasts. The price of oil soared to its highest price this year, driving up energy stocks.42. IMF cuts forecast for US economy, upgrades Europe and Japan - Friday, April 10, 2015
WASHINGTON (AP) — The International Monetary Fund, citing the consequences of a strong dollar, is downgrading its outlook for the U.S. economy but raising its forecast for Europe and Japan.
The IMF predicted Tuesday that the American economy will grow 3.1 percent this year and next — a performance the fund characterized as "robust." But the U.S. outlook was down from the IMF's January forecast of 3.6 percent growth in 2015 and 3.3 percent growth in 2016. The American economy advanced 2.4 percent last year.
43. Volatile start to year in markets could help bank profits - Friday, April 10, 2015
NEW YORK (AP) — Wild swings in the stock, bond and currency markets in the first three months of the year are likely to translate into bigger profits for big U.S. banks, analysts say.
Investors will get quarterly results from the nation's major banks in the next two weeks, including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo.44. Corporate deals appetite hits 5-year high - Friday, April 10, 2015
LONDON (AP) — The current wave of corporate takeovers and mergers is set to grow, with the appetite for deals among executives hitting a five-year high thanks to a strong dollar and low oil prices, a global survey found Monday.45. US stocks edge lower as investors assess earnings - Friday, April 03, 2015
NEW YORK (AP) — U.S. stocks edged lower Thursday as investors assessed some mixed news on company earnings. Energy stocks rose as oil recouped some of its losses from a big sell-off on Wednesday.46. Bull trots on: Stocks grind higher for 9th straight quarter - Friday, March 27, 2015
NEW YORK (AP) — The bull market slowed to a trot but didn't stop this winter.
Stocks have been buffeted since the start of the year by plunging oil prices, a surging dollar and worries about the timing of a potential rate increase by the Federal Reserve. None of that has been enough to keep the market from logging a small gain in the first three months of the year.47. US economic growth may be mild, but it's also really durable - Friday, March 27, 2015
WASHINGTON (AP) — The U.S. economy's tepid performance last quarter — a 2.2 percent annual growth rate — was typical of the economic rebound that began in the summer of 2009. Yet the sluggish pace of the recovery has a silver lining: This growth spurt has proved to be one of the most durable since World War II.48. General Motors beats a retreat out of Russia - Friday, March 13, 2015
MOSCOW (AP) — General Motors will slash production in Russia and pull its mass-market Opel brand completely in the face of plummeting sales in the economically troubled country.
Mainstream GM brands have been among the biggest losers as Russia's auto market shrinks, with sales of Chevrolet down 74 percent year-on-year in February and those of Opel plunging 86 percent.
49. Stocks decline for third week; interest rate worries persist - Friday, March 13, 2015
NEW YORK (AP) — The stock market was hit hard Friday, capping a third week of declines, as investors reacted to a steep drop in oil prices and a jump in the value of the dollar.
Utilities, companies that make basic materials like steel, and major exporters had the biggest declines.
50. Banks lead early gains in US trading; Dollar General up - Friday, March 06, 2015
US stocks open higher, led by gains for financial companies
STEVE ROTHWELL, AP Markets Writer
NEW YORK (AP) — U.S. stocks opened higher on Thursday, led by gains in financial stocks after a number of banks got approval from the Federal Reserve to raise interest rates and buy back stock.
51. The euro's tumbling – here's why - Friday, March 06, 2015
LONDON (AP) — The euro is notching one milestone after another as it drops against major currencies. On Wednesday, it hit a 12-year low against the dollar and many think its descent has further to go.52. US stocks slip at close, stabilizing a day after sell-off - Friday, March 06, 2015
NEW YORK (AP) — U.S. stock indexes closed slightly lower Wednesday, stabilizing a day after their biggest sell-off in two months.
With no obvious catalyst pushing them either way, indexes spent most of the day wavering between slight gains and losses. Investors are waiting for clues from a Federal Reserve meeting next Wednesday as to when it may start increasing interest rates. The prospect of higher rates and a surge in the dollar have been weighing on markets since indexes hit record highs last week.
53. US stocks sink as investors worry about higher rates - Friday, March 06, 2015
NEW YORK (AP) — U.S. stock indexes fell sharply as fears of over possible interest rate increases by the Federal Reserve roiled financial markets around the globe.
The Dow Jones industrial average dropped 332 points, or 1.9 percent, to 17,662 Tuesday.
54. US stock indexes climb; GM gains on buyback announcement - Friday, March 06, 2015
NEW YORK (AP) — The stock market's bull run turned six on Monday. The anniversary was marked with modest gains.
Stocks rose as the market steadied after a big sell-off on Friday. The market had slumped after a strong jobs report raised the likelihood of the Federal Reserve raising interest rates sooner than had previously been expected.55. The bull market for stocks turns 6 - Friday, March 06, 2015
NEW YORK (AP) — In 2009 the stock market was filled with panic.
The housing market had collapsed. Lehman Brothers had gone under and General Motors was on the verge of bankruptcy reorganization. The U.S. was in a deep recession, and stocks had plunged 57 percent from their high in October 2007.56. European Central Bank raises eurozone growth forecast - Friday, February 27, 2015
NICOSIA, Cyprus (AP) — European Central Bank head Mario Draghi says the eurozone economy is picking up.
The central bank for the 19-country eurozone on Thursday raised its growth forecast for this year to 1.5 percent from 1.0 percent, just as it prepared to start its stimulus program.57. US stocks edge higher; Pharmacyclics jumps on AbbVie bid - Friday, February 27, 2015
NEW YORK (AP) — U.S. stocks edged higher on Thursday, led by gains for utilities and financial companies. Pharmacyclics, a pharmaceutical company that makes cancer drug Imbruvica, surged after AbbVie said it would acquire the company for $21 billion.58. AP survey: Why the outlook for global economy has brightened - Friday, February 27, 2015
WASHINGTON (AP) — From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates.59. A complication for the Fed: Rate cuts by other central banks - Friday, February 27, 2015
WASHINGTON (AP) — The world's central banks are injecting a new complication into the Federal Reserve's decision on when to raise interest rates from record lows:
They're cutting their own rates.60. Yellen reiterates Fed's patience in raising rates - Friday, February 20, 2015
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy is making steady progress, but for now the Fed is sticking with patience in raising interest rates because the labor market is still healing and inflation is too low.61. Slight gains push US stocks to record highs; Home Depot up - Friday, February 20, 2015
The Dow Jones industrial average and the Standard & Poor's 500 index delivered a new set of record highs Tuesday, beating marks they set last week.
The Nasdaq composite also built on its gains for the year, finishing higher for the 10th day in a row.
62. Dollar Drag: surging buck hits US corporate earnings - Friday, February 20, 2015
NEW YORK (AP) — The biggest obstacle for Coca-Cola and Pepsi these days isn't tied to taste tests, the declining popularity of sugary drinks or even their century-long rivalry. It's the surging U.S. dollar.63. US stock market ends mostly lower - Friday, February 13, 2015
NEW YORK (AP) — The U.S. stock market edged mostly lower on Wednesday, easing back from its latest all-time highs.
The markets barely budged following the midafternoon release of minutes from the Federal Reserve's January meeting. The transcript showed that policymakers were less likely to raise interest rates in June than investors previously thought.64. US stocks edge higher, bringing market back to record - Friday, February 13, 2015
NEW YORK (AP) — U.S. stocks closed slightly higher Tuesday as investors continued to monitor talks between Greece and its creditors in hopes that a deal will be reached to keep the country from falling out of the eurozone.65. Greece heads for clash with creditors at emergency meeting - Friday, February 06, 2015
BRUSSELS (AP) — Greece's new government is confronting its eurozone creditors head on at an emergency meeting Wednesday, where Athens will seek to ease its bailout conditions in the face of strong resistance from its partners.66. US trade deficit jumps 17.1 percent to $46.6 billion - Friday, January 30, 2015
WASHINGTON (AP) — The U.S. trade deficit in December jumped to the highest level in more than two years as American exports fell and imports climbed to a record level.
The deficit jumped 17.1 percent to $46.6 billion in December, the biggest imbalance since November 2012, the Commerce Department reported Thursday. The widening trade gap reflected a drop in exports, which fell 0.8 percent to $194.9 billion. Imports soared 2.2 percent to $241.4 billion.
67. Health care, energy stocks among gainers on Wall Street - Friday, January 30, 2015
NEW YORK (AP) — U.S. stocks rose broadly Thursday, helped by a 6 percent jump in the price of oil and a rise in health care stocks following Pfizer's $16 billion deal to buy drugmaker Hospira.68. Stocks drift higher in midday trading; Energy stocks slump - Friday, January 23, 2015
Major stock indexes drifted mostly higher in midday trading Thursday as investors sifted through a mix of corporate earnings and economic news. Energy stocks were among the biggest decliners as oil prices extended their slide.69. Fed stays 'patient' on rates while noting improving economy - Friday, January 23, 2015
WASHINGTON (AP) — The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health.
The Fed signaled in a statement after its latest policy meeting that no rate increase is imminent despite the economic gains. A key reason is that inflation remains well below the Fed's target rate.
70. Low inflation likely to keep Fed 'patient' about a rate hike - Friday, January 23, 2015
WASHINGTON (AP) — The Federal Reserve ended 2014 with a pledge to be "patient" in raising interest rates from record lows. The way things are going, its patience may endure for a long while.
Though the U.S. economy has steadily improved, inflation has dipped further below the Fed's target rate. Chalk it up to plunging oil prices and a surging dollar, which makes foreign goods cheaper in the United States.71. Stocks eke out small gains after drifting most of the day - Friday, January 23, 2015
U.S. stocks eked out tiny gains on Monday after spending much of the day drifting sideways.
Major stock indexes barely budged early as investors took in stride the election of a Greek political party that has called for the elimination of some that nation's rescue loans. Market players also weighed the latest batch of corporate earnings
72. ECB launches bond-buying program to try to revive economy - Friday, January 23, 2015
FRANKFURT, Germany (AP) — The European Central Bank on Thursday launched its most aggressive effort to date to revive the region's ailing economy — a program to buy 1.1 trillion euros in government and private bonds starting in March.73. US stocks slide; UPS, Kimberly-Clark slump on earnings - Friday, January 23, 2015
NEW YORK (AP) — A batch of mixed earnings reports Friday helped push the stock market to its first day of losses this week.
Shares of tissue and diaper maker Kimberly-Clark dropped after the company's earnings fell short of expectations and it gave a disappointing outlook. Package-delivery service UPS plunged after it cut its earnings forecast.74. Stocks rise, euro falls after Europe unveils stimulus plan - Friday, January 16, 2015
NEW YORK (AP) — A plan to support Europe's sagging economy rippled through markets in Europe and the U.S. on Thursday. The pledge by the European Central Bank to buy 1.1 trillion euros in bonds, lifted stock markets, pushed up government bonds and drove the euro to new lows.75. US stocks rise on expected European stimulus, higher oil - Friday, January 16, 2015
NEW YORK (AP) — Another choppy day on Wall Street ended with stocks broadly higher on hopes of new stimulus measures for Europe's weak economy and a sharp rise in oil prices.
Stocks flitted between gains and losses at the open of trading Wednesday, then rose on media reports that new stimulus measures by the European Central Bank will be as large as investors anticipated. The bank is expected on Thursday to unveil a massive round of government bond buying, a program known as quantitative easing.
76. US stock market ends slightly higher - Friday, January 16, 2015
NEW YORK (AP) — A late rise in technology stocks helped the U.S. stock market stagger to a tiny gain following a choppy day of trading Tuesday.
A combination of tepid earnings results, falling oil prices and downbeat news kept the market lower for most of the day. Major indexes started higher in the first few minutes of trading but quickly faded, as slipping confidence among homebuilders and another drop in crude pulled housing and energy stocks down. The S&P 500 spent the afternoon slowly recovering, until a late surge in Apple, Netflix and other technology titans helped nudge the index up.
77. China shares dive as regulators clamp down on margin trading - Friday, January 16, 2015
TOKYO (AP) — Chinese shares plunged about 8 percent Monday after the country's securities regulator imposed margin trading curbs on several major brokerages, a sign authorities are worried about the market's big gains. Other markets in Asia and Europe were mostly higher.78. Swiss franc's staggering ascent to be felt far and wide - Friday, January 16, 2015
LONDON (AP) — A 30 percent swing in a blink of an eye is not uncommon in the stock market. In the world of currencies, it can seem as rare as Halley's Comet.
But that's what happened to the Swiss franc on Thursday — a stunning move that is likely to hurt the Swiss economy, inject uncertainty in financial markets and even darken the global outlook.79. Lagarde: High debt and unemployment threaten global growth - Friday, January 16, 2015
WASHINGTON (AP) — Two problems stemming from the 2008 financial crisis — heavy government borrowing and high unemployment — still pose challenges to the global economy and require bold action, the head of the International Monetary Fund said.80. The Currency war is on! Here are the players - Friday, January 16, 2015
War sounds scary. In the traditional sense, war evokes casualties and loss. For investors, currency wars simply convey economic redistribution.
For instance, if there were only two stores in town selling identical items, and one store raised prices while the other store lowered prices, demand would certainly follow the discount … but overall demand would be the same.81. US stocks gain, recovering losses from first days of year - Friday, January 02, 2015
NEW YORK (AP) — U.S. stocks rose in midday trading on Thursday, boosted by a combination of positive economic news from the U.S. and expectations of stimulus from Europe's central bank. The price of oil is also showing signs of stabilizing after six months of heavy losses. After two days of gains, the market has recovered most of the ground it lost in the first few days of trading.82. Eurozone prices falling for first time since 2009 - Friday, January 02, 2015
LONDON (AP) — It's official. Following months of speculation, the eurozone is seeing a fall in consumer prices, a development that's likely to reinforce expectations that the European Central Bank will soon provide an aggressive monetary stimulus.83. Eurozone's big economies increasingly drag on the region - Friday, January 02, 2015
LONDON (AP) — Weakness in the eurozone's major economies, such as Germany and France, risks choking off the growth emerging in countries that were at the forefront of the region's debt crisis, a closely monitored survey indicated Tuesday.84. Stocks plunge on fears about implications of oil slump - Friday, January 02, 2015
NEW YORK (AP) — After six months of falling oil prices, investors are starting to worry that the prolonged slump is signaling a weaker global economy.
That fear shook financial markets Monday as oil plunged again, dipping below $50 for the first time in more than five years and triggering a big sell-off, not just among energy stocks but across the entire stock market.
85. US stocks end mixed as manufacturing growth slows - Friday, January 02, 2015
NEW YORK (AP) — Stocks got off to a sluggish start on the first day of trading in the New Year, ending the day mixed as a report showed that manufacturing growth slowed in December.
U.S. factory activity grew at the slowest pace in six months last month, weakened by declines in orders and production, according to the Institute for Supply Management. While the sector is still in good health, growth was slower than economists had forecast.
86. Bull market for stocks keeps on going in 2014 - Friday, January 02, 2015
Stocks delivered again in 2014. Even after a poor start in January and wobbles in October and December, the U.S. market has climbed 13 percent and is ending the year close to record levels.
The solid gain has pushed the bull run for stocks into its sixth year, the longest such streak since the 1990s.87. Bull market for stocks keeps on going in 2014 - Friday, December 26, 2014
Stocks delivered again in 2014. Even after a poor start in January and wobbles in October and December, the U.S. market has climbed 13 percent and is ending the year close to record levels.
The solid gain has pushed the bull run for stocks into its sixth year, the longest such streak since the 1990s.88. Why the US will power the world economy in 2015 - Friday, December 26, 2014
WASHINGTON (AP) — The United States is back, and ready to drive global growth in 2015.
After long struggling to claw its way out of the Great Recession, the world's biggest economy is on an extended win streak that is edging it closer to full health. But the new year doesn't look quite so bright in other major countries.89. Investors expect higher stocks in 2015, but also turbulence - Friday, December 19, 2014
NEW YORK (AP) — Can the U.S. hold everyone else above water? That is the question investors are asking as Wall Street heads into 2015.
A strong U.S. economy helped propel the stock market higher in 2014, continuing a bull market that is on pace to celebrate its sixth birthday in March. On more than one occasion, investors dumped stocks following geopolitical flare-ups and concerns about the global economy, only to jump back in when an economic report or results from a big company suggested the U.S. economy was still resilient.90. Putin accuses West of trying to sideline Russia - Friday, December 12, 2014
MOSCOW (AP) — Russian President Vladimir Putin vowed Thursday to fix Russia's economic woes within two years, voicing confidence that the plummeting ruble will recover and promising to diversify Russia's gas-dependent economy.91. Stocks recover losses on ECB stimulus speculation - Friday, November 28, 2014
NEW YORK (AP) — After being lower most of the morning, U.S. stocks were trading flat in Thursday afternoon trading after media reports said European Central Bank officials are considering a large stimulus package for next month. The reports followed comments from ECB President Mario Draghi, who said the bank was holding off on making any large moves until 2015.92. Energy companies lead an advance in US stocks - Friday, November 28, 2014
NEW YORK (AP) — Energy and health-care companies led major stock indexes higher on Tuesday, even as crude oil resumed its slide. General Motors rose after reporting stronger sales, and Biogen, a biotech company, soared following news that its drug for Alzheimer's disease showed promise.93. US stocks inch further into record territory - Friday, November 21, 2014
NEW YORK (AP) — The stock market stayed at record levels on Monday as investors remained confident that stimulus measures from the world's central banks would help revive global economic growth.94. Dow, S&P 500 push further into record territory - Friday, November 21, 2014
U.S. stocks capped a week that already had several record highs by delivering a couple more.
The Dow Jones industrial average and Standard & Poor's 500 index carved out all-time highs on Friday, extending the market's gains for the week. It was the third record close for the Dow in the week and the fourth for the S&P 500.
95. Toyota to start sales of fuel cell car next month - Friday, November 14, 2014
TOKYO (AP) — There will only be a few hundred, and they won't be cheap, but Toyota is about to take its first small step into the unproven market for emissions-free, hydrogen-powered vehicles.
The world's largest automaker announced Tuesday that it will begin selling fuel cell cars in Japan on Dec. 15 and in the U.S. and Europe in mid-2015. The sporty-looking, four-door Toyota Mirai will retail for 6.7 million yen ($57,600) before taxes. Toyota Motor Corp hopes to sell 400 in Japan and 300 in the rest of the world in the first year.96. Yellen says Fed must focus on globalization - Friday, November 14, 2014
WASHINGTON (AP) — The growing globalization of financial markets requires the Federal Reserve to understand how economic developments in other nations may affect the U.S. economy, Federal Reserve Chair Janet Yellen said Thursday.97. US-China climate deal aims to prod others to act - Friday, November 07, 2014
BEIJING (AP) — A groundbreaking agreement struck Wednesday by the United States and China puts the world's two worst polluters on a faster track to curbing the heat-trapping gases blamed for global warming. With the clock ticking on a worldwide climate treaty, the two countries sought to move beyond their troubled history as environmental adversaries and spur other nations.98. US stock market drifts a day after setting record - Friday, October 31, 2014
NEW YORK (AP) — The U.S. stock market drifted in Thursday trading, a day after closing at a record high. In Europe, markets climbed after the head of the European Central Bank said he was ready to take more steps to revive the region's struggling economy.99. Wall Street caps a wild month with rally, closes at all-time high. - Friday, October 31, 2014
NEW YORK (AP) — For stock investors, there was no shortage of drama in October. Stocks started the month modestly below a record high, only to cascade to their worst slump in two years. But after flirting with a correction, or a 10 percent drop, the U.S. market rebounded and closed at all-time highs on the last day of the month.100. China’s growth expectations met - Friday, October 31, 2014
The global economy is a symphony of regional and local economies interconnected by trade, interest rates and currency movements. We can generalize the influence of our leading instrumentalists in the following ways: