Inequality within developed nations is often increasing. Here are the most unequal OECD economies according to Morgan Stanley.» Read More
With little or nothing positive on the horizon for Europe, here's a way to trade into a healthier economy.
Mad Money host Jim Cramer says the tone of the market has changed since Treasury Secretary Geithner assured investors there would be no Lehman style bank failures out of Europe.
CNBC's David Faber reports UTX is in talks to acquire Goodrich for $110 to $125/share, with CNBC's Melissa Lee and the Money in Motion traders.
When Europe sneezes, other markets get a cold. Just watch the Australian dollar.
Discussing the impact of Greece's debt problems on U.S. markets, with Richard Hendrix, FBR Capital Markets CEO, and Jay Feurstein, Xenon Capital Management CEO/CIO.
In the new book, the authors examine past attempts to re-establish sustainable public finances - what works, what doesn't and why.
The recession call is not conclusive. I’m the first to admit it. And my optimistic instincts rebel against the downturn scenario. But facts are facts. They must be reported. And the numbers aren’t good.
For most of the summer, markets seemed to pick a different European country as their focus of their angst almost every day.PIIGS is a not too favorable term used by bond analysts, academics, and the press, to refer to certain countries of Europe. So which countries make up the PIIGS? Why are they important to track? CNBC explains.
Euro leaders squabble and the Russian ruble is rocked - it's time for your Friday FX Fix.
A collapse of Europe's monetary union would likely lead to a breakup of the European Union as a whole, posing significant risks to the region and even raising the possibility of war in the long term, Poland’s Finance Minister told CNBC.
German Chancellor Angela Merkel and French President Nicolas Sarkozy have both said that Greece will not leave the euro, but the "unthinkable" is now being seriously considered at all levels.
A meeting of European finance officials to discuss the sovereign crisis, paired with the quadruple witching expiration of futures and options guarantees more stock market volatility Friday.
Greece will remain in the Eurozone, says the IMF's managing director Christine Lagarde. CNBC's Maria Bartiromo spoke with the organization's managing director, who is not backing away from her comments that the Eurozone banks will need to raise capital.
Central banks are coordinating to open up funding for European banks, and the euro is up on the news. Whether it will last is another story.
CNBC's Simon Hobbs reports Europe's big idea for solving its debt problems still looks dead in the water. Also, sharing insight on how the global market can be improved, with Susan Byrne, Westwood Holdings chairman/CIO, and Chris Thornberg, Beacon Economics principal.
Major banks stop lending to each other. A liquidity scare sets in. Policy makers contemplate fillingl the void with dollars meant to stave off fears that the banking system is failing.
Despite a long-term picture in Europe that appears to be as unsettled as ever, investors will take any bit of good news and run with it.
The arm-in-arm effort by central bankers to increase U.S. dollar liquidity in Europe is essentially a band-aid solution, and the euro is already backing off its gains.
IMF Managing Director Christine Lagarde made remarks at The Ronald Reagan Building in Washington ahead of the annual meetings of The World Bank and IMF. Lagarde said, "It is a dangerous phase of the crisis. But equally I think there is a way out and path to recovery."
Five of the world's largest central banks have announced a coordinated injection of dollars into banking systems, in response to growing concerns over liquidity problems in the euro zone. However, analysts say, they cannot solve the underlying solvency crisis.