Central bankers barely averted a financial panic before Christmas by replacing hundreds of billions of dollars of deposits fleeing European banks. But...

Billionaire investor George Soros says that the global financial system is on the brink of collapse. Developed countries are falling into a "defla...

If European politicians are unable to contain their sovereign debt problems, Wall Street could be on the brink of another financial crisis, according ...

Several shocks have recently buffeted the global financial system: unequivocal signs of a broader global economic slowdown; fresh market turbulence in the euro area; and the credit downgrade of the United States.

Frankenstein was a "failed artificial life experiment" that went badly wrong. Ours incubated in financial laboratories -- the result of complex "innovative" financial engineering.

FRANKFURT, Germany (AP) -- Greece's economy is small but the shock waves from a default on its debt could be amplified by links in the global financia...

We need look no further than the example of Lehman Brothers to understand how one financial institution's failure can threaten the global financial system and create devastating effects to economies around the world.

Given the enormous economic and human cost of the recent financial debacle, I strongly believe that we cannot afford to miss this opportunity for substantial reform.

Just as a tornado in Kansas transplanted Dorothy and, her dog, Toto, from familiar comforts to the unknown land of Oz, the global crisis has led many ...