As Mario Draghi Departs, the E.C.B. Is Divided Over His Policies

FRANKFURT — Mario Draghi led his last monetary policy meeting as president of the European Central Bank on Thursday, his legacy as savior of the eurozone clouded by divisions among the bank’s policymakers that have burst into the open in the final months of his tenure. Christine Lagarde will be sworn in as Mr. Draghi’s successor on Tuesday, and will immediately confront a revolt by members of the bank’s Governing Council who believe the bank’s easy money policies have created asset bubbles and set the stage for a financial crisis.…

Why Station Wagons Are More Popular In Europe Than America

Date: 2019-10-17 16:29:31 The station wagon was once a fixture of American family life. These days, however, it has nearly vanished from American roads and it shows in the tiny number of wagons sold every year. In the United States, station wagons represent only 1.4% of all new car sales. In many European countries, sales are several times that. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and…