Mark Gongloff

Thing One: Latter-Day Neros: Mario Draghi has had just about enough of European politicians fiddling while Europe burns.

The European Central Bank president yesterday, with a "note of frustration and urgency" in his voice, according to the New York Times, spit fire at European leaders (cough -- Angela...

It's almost that time again, America: We're less than 24 hours away from the latest jobs report, which could help decide the 2012 presidential election and set the tone for the stock market for the next month. Sadly, it's looking like another bad one.

Let's stipulate right up front that...

You can say one good thing for the Facebook IPO: It has driven a dagger right into the heart of the tech bubble.

Facebook's initial public offering a couple of weeks ago, an event that rendered the word "hype" inadequate,

Thing One: Back To School: It's like Old School, only with fewer laughs and more financial ruin: Banks have snuck back onto college campuses to once again milk students of their money.

A few years back, in response to a public outcry, Congress chased banks away from colleges...

The next time you hear somebody freaking out about U.S. government debt, you can remind them that there has never been a better time for the government to borrow money -- ever.

The interest rate on 10-year Treasury notes fell on Wednesday to 1.63 percent, breaking a record low set...

Thing One: Europe, The Re-En-Crisising: That whistling sound you're hearing this morning is the European debt crisis coming once again to full boil.

Spanish 10-year bond yields are approaching 7 percent, above which is a sort of Mount Everest-like Death Zone for government borrowing costs. Previously, Greece, Portugal...

Thing One: Time And Money: Good news, people who have been unemployed forever: You're getting your jobless benefits cut off, which means the wealthy will get to keep their tax cuts, which means they will be creating jobs for you any minute now.

Congress earlier this year grudgingly passed an...

Uncle Sam seems to be gearing up to take more tax dollars from Mitt Romney and his brothers in the private-equity fraternity.

The Internal Revenue Service is preparing rules and guidelines in the event that "carried interest" -- the money private-equity firms pay current and former executives like Romney every...

Thing One: Synchronized Sinking: Sometimes togetherness is not such a good thing.

A bunch of downbeat economic data on Thursday all at once caused many to realize what some in the financial markets have spotted already: Growth is slowing around the world, sparked at least in part by...

Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we may all feel the pain of their breakup.

On Thursday a Markit Economics index tracking European service-sector and factory activity in May tumbled to its lowest level since...

Don't worry, Jamie Dimon. Even in the Facebook mess, you are not forgotten.

Kansas City Federal Reserve President Esther George on Thursday said in a press release that bankers who failed to uphold the "integrity, dignity and reputation" of the Fed are required by the Fed's

Thing One: Preparing For Divorce: Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we may all feel the pain of their breakup.

European leaders did little but bicker at an informal dinner summit in Brussels yesterday, ...

Nasdaq messed up Facebook's IPO, and now Facebook is totally going to show them by taking its stock away from Nasdaq and hooking up with Nasdaq's frenemy, the New York Stock Exchange.

That is the latest gossip from the world of Facebook, whose stock today managed to dead-cat bounce by...

U.S. stocks are headed for their worst day in six weeks, while the euro is at its lowest level in nearly two years, as markets freak out about the prospect of Greece leaving the eurozone.

Around lunch time on Wednesday, the blue-chip Dow Jones Industrial Average was down 182 points...

Thing One: Welcome To Facebook's Nightmare: The Facebook IPO has quickly turned from a mild embarrassment into a five-alarm nightmare.

While hundreds of millions of shares of Facebook have changed hands, at ever-falling prices, nearly as many pieces of legal paper have been served, too, with more...

Facebook shares are melting down again on Tuesday, and though the rest of the stock market doesn't seem to care, it should: This episode will likely further cement Main Street's hatred and distrust of Wall Street.

That's because the Facebook IPO had examples of pretty much everything that is wrong...

Thing One: Facebook Blame Game: The hot new Facebook game is not Farmville or Mob Wars but the Blame Game.

Who is to blame for Facebook's IPO being a big honking disaster? And I think we can safely call it a full-fledged disaster now, without getting our heads...

Looks like the Facebook IPO has fizzled out like that North Korean rocket launch.

The stock barely managed to hold above its initial public offering price of $38 on its first day of trading on Friday, and it took all the powers and skills of its Wall...

Champion American complainer Jamie Dimon complained on Monday about Wall Street regulation, while also insisting he not be described as a complainer. All the while, his bank's losses, partly resulting from lax regulation, continued to grow.

An initial $2 billion trading loss has likely resulted in a total loss of...

Thing One: Facebook Fallout: At least the Facebook IPO resulted in a wedding. Otherwise it might have been a total disaster.

Facebook founder Mark Zuckerberg married his long-time girlfriend Priscilla Chan on Saturday in a surprise ceremony in his backyard -- a brilliant legal move, some...