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Christine Lagarde, managing director of the IMF, was just nominated for the...

Christine Lagarde has been nominated to be the next president of the European Central Bank.Lagarde has been the managing director of the International Monetary Fund since 2011. Read more on Markets...

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European stocks are jumping as traders bet on loose Fed policy, while US...

US markets were closed Thursday for the Fourth of July holiday.European stocks rose Wednesday as disappointing US employment and commercial data fueled anticipation of looser monetary policy.US hiring...

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Who is Christine Lagarde? The woman who rolled her eyes at Ivanka Trump is...

Age: 63Family: Lagarde has twice been divorced and has two sons. Since 2006 she has been with entrepreneur Xavier Giocanti from Marseille, France.Where is she from? Lagarde was born in Paris and moved...

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Who is Ursula von der Leyen? Germany's former defense minister is set to take...

Age: 60 (8 October 1958)Family: Her father was one the first European civil servants from the establishment of the European Commission. Her husband Heiko von der Leyen is a professor of medicine and...

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Christine Lagarde is sounding the alarm on the US-China trade war, calling it...

Christine Lagarde has bemoaned the US-China trade war as a "big, dark cloud" and "the biggest hurdle for the global economy."In a CNBC interview this week, the incoming president of the European...

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Donald Trump is endangering America's status as global leader, Christine...

Donald Trump is endangering America's status as global leader, according to Christine Lagarde.The outgoing head of the IMF and incoming head of the European Central Bank said the US president was...

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Draghi maintains record-low interest rates across eurozone in last act as...

Mario Draghi, in his last act as president of the European Central Bank, has maintained his stimulus package announced last month, keeping interest rates at a record low. Rates will remain at -0.5%....

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Christine Lagarde reportedly warned coronavirus could cause the worst...

European governments and central banks must act quickly and collectively to counteract the economic costs of coronavirus, Christine Lagarde said on Tuesday, according to Bloomberg.If they fail to act,...

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'Stupid beyond even my wildest fantasies': Krugman, Summers, Lagarde ridicule...

Paul Krugman, Christine Lagarde, and Larry Summers ripped into President Trump's coronavirus response on Thursday."This is stupid beyond even my wildest fantasies," the economist and columnist tweeted...

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ECB chief Christine Lagarde warned of a 15% plunge in Europe's economy during...

ECB President Christine Lagarde told European Union ministers that she expects the eurozone to diminish by 15% as a consequence of the coronavirus outbreak, Bloomberg reported.German chancellor Angela...

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ECB's Lagarde says the worst of the coronavirus crisis has likely passed, but...

Christine Lagarde, the president of the European Central Bank, on Friday said that the worst of the coronavirus crisis has likely passed during the Northern Light Summit online.Still, she said that any...

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Dow falls 730 points as investors weigh surge in COVID-19 cases

US stocks fell on Friday as spiking coronavirus cases threatened to slow economic reopenings.Bank stocks slumped after the Federal Reserve said on Thursday that it would limit stock buybacks and cap...

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ECB leaves rates unchanged but signals more stimulus may come in December as...

Summary List PlacementThe European Central Bank kept eurozone interest rates unchanged on Thursday, but signaled it might be open to providing additional support for the economy, as a second wave of...

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ECB president Christine Lagarde says COVID-19 recession is 'highly unusual'...

Summary List PlacementThe COVID-19 crisis has produced a highly unusual recession and recovery is likely to be uneven, according to European Central Bank president, Christine Lagarde, who on Wednesday...

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The ECB boosted its COVID-19 stimulus package by $606 billion and extended...

Summary List PlacementThe European Central Bank expanded its bond-buying program by 500 billion euros to 1.8 trillion euros to limit the economic fallout from the second wave of coronavirus.The...

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Bitcoin has enabled criminal money laundering and needs to be regulated at a...

Summary List PlacementBitcoin has enabled criminal money laundering and must be regulated at a global level, ECB President Christine Lagarde told Reuters in an interview on Wednesday. Bitcoin is a...

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Bitcoin slides back below $35,000 as volatile trading week comes to a close

Summary List PlacementBitcoin slid on Friday as investors took profits from the volatile trading week.The cryptocurrency fell as much as 11%, to $34,409.04, at intraday lows.The slide closes out...

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European Central Bank holds steady on $2.25 trillion bond-buying package...

Summary List PlacementThe European Central Bank held interest rates at their record-low level and kept bond-buying steady on Thursday, taking a breather after increasing support to the...

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Christine Lagarde calls rising bond yields 'undesirable' as ECB steps up...

Summary List PlacementChristine Lagarde said the ECB was concerned rising bond yields could weigh on the recovery.The ECB said it would step up the pace of bond purchases to try to support lending in...

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Cryptocurrencies are too volatile to be used for payment, and investors...

Summary List PlacementBank of England Governor Andrew Bailey said he believes that cryptocurrencies are not a reliable method of payment, highlighting their high volatility in comments made on...

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