With the announcement that the attempts by the Democrats to form a government have been derailed by what the Economist characterizes as two clowns, former Prime Minister Silvio Berlusconi and Beppe Grillo, the situation in Italy gets more dangerous.

WASHINGTON -- Federal regulators have charged three executives of what was once the nation's second-largest mortgage company with civil accounting fra...

The European Central Bank's generous lending to banks is not boosting liquidity in the European economy as much as intended, according to a leading Fr...

FRANKFURT, Germany — The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic...

WASHINGTON — Federal Reserve officials at their last meeting expressed concerns that the weakening job market might hold back the recovery. But ...

PHILADELPHIA (Jessica Hall) - American International Group (AIG.N) plans to replace one or more Wall Street banks in its next sale of shares from ...

There is only one real law of economics: the law of supply and demand. If the quantity supplied goes up, the price goes down....

Editor's Note: This post has been removed from the Huffington Post....

Editor's Note: This post has been removed from the Huffington Post....

Editor's Note: This post has been removed from the Huffington Post....

A communication problem is not a policy problem. When it comes to policy, the central banks are acting.

The market did not understand that families buying homes would have an incentive to default on their mortgage obligations if housing prices stopped rising or actually declined.

By improving the capital positions of the good banks, they will extend more credit and facilitate transactions. That is the liquidity crisis that is to be resolved.

More than Paulson, more than Bernanke, more than pretty much anyone in Washington I'd trust venture capitalist John Doerr to negotiate my stake in the bailout.