Gold at new all-time highs is about the euro, not the Fed or the debt ceiling.

How the ECB lets national central banks of the Eurosystem do the dirty work.

The Gang of Six and the McConnell compromise: paths to peace with honor in the debt war.

It's default for Greece, yet the Euro authorities have successfully arrested contagion.

The bargaining asymmetries are clear now -- a favorable resolution is within reach.

Two nearly identical plans on table -- now everyone just needs to agree to say "done."

Debt ceiling action moves to the Senate as we learn this recovery is weaker than we knew.

The ECB is paralyzed, the EFSF is sidelined, and tiny Cyprus reveals the system's fragility.

It's the third blow to the economy this year. Can confidence ever be restored?

Trichet fiddles while Rome burns, and world markets take the heat.