Willem Nabarro, head of European Equities for Asia at Exane-BNP Paribas, says an "accidental Greek exit" from the euro zone could happen if talks drag on.» Read More
Democrats who control the U.S. Senate were unable on Thursday to round up the votes to end debate and pass a $410 billion bill to fund many government operations through Sept. 30, Senate Majority Leader Harry Reid said.
Companies looking for growth opportunities in the middle of the current financial crisis should note that 2008-2010 will actually see an acceleration in the pace of the ongoing shift in the world’s economic center of gravity from other major economies to China and India, write authors Anil K. Gupta and Haiyan Wang.
Debt-strapped homeowners unable to afford their mortgages could get their monthly payments lowered in bankruptcy court under a controversial element of President Barack Obama's housing rescue plan.
No additional stimulus from China? The Street was excited yesterday on talk that China would announce additional stimulus measures today, but the Chinese premier did not offer any additional stimulus details during the opening session of the National People's Congress.
Strong demand from overseas will be enough to keep companies like Joy Global in business, says the CEO.
New signs suggest that China, and not the U.S., may be the global powerhouse that lifts the world out of recession.
Today's rally is based on a combination of the reflation trade, dramatically oversold conditions, and late-day chatter that the House will hold hearings on mark-to-market.
The Obama administration Wednesday gave lenders the green light to begin modifying home mortgages under a new $75 billion program aimed primarily at people facing imminent financial hardship.
Chinese GDP growth appears more resilient than growth in the rest of the world. Will China, and not the US, lead the global economy out of recession?
The big story this morning is not the ADP report, which was bad, but the Chinese economy. Commodities are higher as Chinese February PMI rose for a 3rd month to 49, the highest since September.
I couldn't resist seeking out the simplified Chinese characters for "crass" when news broke Tuesday about the potential for a second stimulus plan to come from this week's National People's Congress.
If Press Secretary Robert Gibbs needs proof that President Obama's spending plans are hurting the markets, then he should look at the Dow. Or the S&P 500. Or the Nasdaq...
The U.S. stimulus package may pack a big punch in the current crisis because households and businesses struggling to get credit are more likely to spend the money, a top White House adviser said Tuesday.
President Barack Obama named Kansas Governor Kathleen Sebelius to lead his ambitious health reform effort on Monday, kicking off a week focused on revamping an inefficient healthcare system whose cost he fears is hurting the U.S. economy.
Since the height of China’s property boom, Morgan Stanley’s huge real estate deals here have been the envy of the industry. Then, scandal hit.
This Australian company is probably the best play on China’s new stimulus plan, Cramer says. Even better, though, is that the White House can’t touch it.
Global stocks were down Friday as more bad news came out of the financial sector, heightening investors' fears about the health of the overall economy. As markets continue their volatile streak, experts tell CNBC where is best to put your money.
float: left;display: inline; font-size:11px; font-face:Arial; border: 1px solid #CCC; line-height:12px; margin-right: 15px; width:100px;/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/fratto_t_100_2.jpg110010000truehttp://msnbcmedia.msn.comfalse1Pfalsefalse left/CNBC/Components/Images/spacer.gif1107500lefttruehttp://icnbc.msnbc.msn.comfalsePfalsefalse Tony FrattoFormer White House SpokesmanCongress has been asked to do some very painful and unpopular things in the current crisis — like approving $700 billion financial rescue package — and they'll be asked to do more. And if members of Congress are asked to do something painful, your can be sure they'll find a way to share that pain.
President Barack Obama Thursday released an outline of his budget for fiscal year 2010 that begins Oct.1.
This week I spent some time with a group of Chinese multimillionaires touring America house hunting for bargains. They signed up for the $5,000-per-person trip through the Chinese version of Realtor.com, called Soufun.com.