David Cameron will tell Angela Merkel on Thursday that she needs to act now to bring the eurozone back from the brink of disaster – a message likely to stoke irritation in Berlin and other eurozone capitals, the Finanical Times reports.
The market is trading on nothing but “hopes and prayers” and this week’s bounce-back in equities will most likely be short-lived, analysts say, even as some expect further monetary easing to boost gold prices.
Stocks are stronger today due largely to renewed hopes of additional central bank accommodation in the U.S. and Europe.
President Obama spoke separately today to German Chancellor Merkel and Italian Prime Minister Monti to discuss economic conditions in Europe, reports CNBC's Michelle Caruso-Cabrera.
CNBC's Steve Liesman reports on what measures need to take place to save Europe from its economic crisis.
The euro zone is increasingly threatened by leaders putting off decisions about its problems, Paul Taylor, president and chief executive of ratings agency Fitch, told CNBC’s “Squawk Box Europe” Wednesday.
Japan stocks, which have over the past five years been more expensive than American stocks, are now trading at lower price-to-earnings (PE) ratio than the S&P 500. The country’s economy is also growing faster than the U.S., yet strategists are not suggesting investors snap up Japanese equities.
tThe Congressional Budget Office (CBO) released its annual report, and the US is still facing significant debt problems. What Congress does after November could have a big impact. The Christian Science Monitor reports.
When officials in Brussels unveil new proposals on Wednesday to give the EU’s banking regulators summary powers to wind up failing banks – while keeping taxpayers off the hook – they will cast them as an “embryonic” version of the much vaunted “banking union”, the Financial Times reports.
Warren Buffett has warned that the euro zone cannot work in its current form, but is more confident about prospects for the U.S. economy, according to a report.
Benchmark oil prices will continue sliding to fresh lows this week unless policymakers in Europe, China, and the U.S. “put a floor” under the market and do more to stabilize economic growth, according to CNBC's weekly survey of oil market sentiment.
Traders are handicapping which central bank will come out swinging first — and the odds right now are not on the European Central Bank.
If all goes well in the euro zone, what's the best that could happen?
In an exclusive interview, Bill Clinton told CNBC's Maria Bartiromo that the IMF should not come to Europe's aide just yet. CNBC's Steve Liesman & Rick Santelli weigh in.
Jonathan Golub, UBS chief U.S. equity strategist, explains what the market activity reveals about the crisis in Europe now. Bruce Kasman, JPMorgan chief economist and CNBC's Steve Liesman, also weigh in.
Britain may be in recession, but business is booming for many high-end real estate agents London’s most expensive neighborhoods as the affluent move money into hard assets valued in something other than euros.
After weathering the first two years of Europe’s economic crisis fairly well, some companies in the United States are warning investors that their sales on the Continent are slowing down, The New York Times reports.
CNBC's Rick Santelli and Steve Liesman debate whether the U.S. should intervene and help Europe out of its current economic mess.
Australia trims interest rates and Spain's bond-market woes worsen — it's time for your FX Fix.
Donald Trump, Trump Organization chairman & president, weighs in on making money in housing; the "unfair" recall election of Wisconsin Gov. Scott Walker; the issue of President Obama's birthplace; and Friday's weak jobs numbers.