NEW YORK— Wall Street is hurting, and Main Street doesn't care. It's an about-face from the early years of the economic recovery, which began in 2009, when stocks and big banks were soaring but many on Main Street felt like they were getting left behind. The divergence underway between Main Street and Wall Street highlights the difference between the U.S. stock...» Read More
Portugal bailed out Banco Espirito Santo (BES), its biggest bank. Get used to seeing this.
Antonio Barroso, senior vice president at Teneo Intelligence, and Steen Jakobsen, chief economist at Saxo Bank, discuss whether there is more trouble ahead for Portugal's banking sector.
Euro zone inflation fell more than expected in July, according to new figures released on Thursday, sparking renewed fears of deflation.
Who is ahead in the economic race? The CNBC Squawk Box Europe team look at the strengths and problems facing the economies of the U.K., U.S., and EU.
Russia won't isolate itself from the world and will eventually reach an agreement with the West, says Mark Mobius, Executive Chairman of Templeton Emerging Markets Group.
Raymond Tanter, Professor Emeritus at the University of Michigan, says the U.S. has done a "great job" in bringing its European allies along on tougher Russia sanctions.
Benedetto Della Vedova, Undersecretary of State at Ministry of Foreign Affairs, Italy, says tougher sanctions on Russia won't affect the Italian economy.
Vasu Menon, Vice President, Wealth Management at OCBC Bank, says a stronger growth story and accommodative monetary policies make developed economies more attractive than emerging markets.
Anders Aslund, Senior Fellow at the Peterson Institute for International Economics, says sanctions on Russia should be targeted in technology and finance.
The euro has remained stubbornly strong amid a slew of obstacles, and some analysts said the European Central Bank has kept it higher.
The challenges facing the ECB were laid bare again on Monday, with more data indicating the region is failing to build on flickering signs of growth.
The New York Times columnist Jim Stewart, says he thinks the ownership structure of Portugal's bank Banco Espirito Santo is complicated, and the market overreacted. People don't really understand this, he says.
Suspended from trading for another day, Banco Espirito Santo rushes to quell any concerns regarding its financial stability.
Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners, discusses the concerns surrounding the euro zone's periphery markets.
Karyn Cavanaugh, Senior Market Strategist at Voya Investment Management, explains her optimism on the U.S. and China. She also says Europe won't see strong growth as of yet due to structural problems.
James Lowell, CIO of Adviser Investments, expects markets to recoup losses once investors realize that fears over Portugal's banking sector are "individual and isolated."
Discussing complacency in the U.S. stock market, and central bank policy in Europe, with Vadim Zlotnikov, AllianceBernstein chief market strategist.
CNBC's Rick Santelli speaks to Andy Brenner, National Alliance Securities head of international fixed income, about how troubles with the European economy are impacting U.S. Treasurys.
As stock markets around the world fell amid a sell-off, many investors were pointing fingers at Portugal. Here's why.
Art Cashin, UBS director of floor operations, discusses how problems in Portugal have spilled over to spook the U.S. stock market.