U.K. to Trigger Article 50 on March 29
Britain will notify the European Union on March 29 that it will start the process of extricating itself from the bloc, opening a tight two-year timetable to unravel decades of complicated ties.
Oil Falls on Growing U.S. Drilling Activity
Oil prices extended losses to trade near a four-month low after increased drilling activity in the U.S. indicated a strong rise in production was coming.
U.S. Stocks Slip
Financial shares fell, dragging U.S. stocks lower, although stock moves were muted as investors analyzed developments from the weekend's G-20 meeting.
Evans Says Fed Has Made Good Progress on Its Mandates
Chicago Fed President Charles Evans said a strong economy could drive the U.S. central bank to raise rates more than the current outlook, even though he didn't call for such an outcome.
German Central Bank Chief Questions ECB Monetary Policy
German central bank President Jens Weidmann suggested that the European Central Bank should slowly start to retreat from its easy-money policies, indicating divisions within the ECB over the timing of an exit.
Labor Reforms Threaten to Derail Greek Talks
Finance ministers from the euro currency discussed the impasse in Greece's talks with creditors on Monday, but no breakthrough emerged on the latest conflict that threatens to derail Greece's bailout deal: workers' rights.
The Fed Is Stuck in the Past With Its Forecasts of the Future
As recent economic forecasts have missed the mark, it's appropriate to ask whether The Fed's predictions of weak growth forevermore are mere projections of the recent past into the indefinite future
What the G-20 Didn't Say on Trade Should Chill Investors
Finance ministers from the world's leading economies ditched much of their normal pro-trade language in their communiqué.
Canada Wholesale Sales Beat Expectations
Wholesale sales in Canada surged in January, posting their biggest month-over-month gain in over seven years, on record sales in the motor-vehicle sector.
ECB Publishes Guidance on Bad Loans
The European Central Bank published its final guidance on nonperforming loans, taking another step to address a serious problem for banks in some European countries, which experts say hinders an economic recovery.