THE HAGUE, Netherlands— European Union officials say they have broken up a cross-border gang responsible for cheating EU member countries of 150 million euros in tax revenue. Those arrested are suspected of participating in organized fraud that deprived Germany, the Netherlands, Poland and the Czech Republic of major sums of value-added tax payments.» Read More
Although financial conditions in the United States have improved since the 2008 crisis, events in Europe show their fragile underside, a Federal Reserve official said Thursday.
Find out what that means for at least one sector in particular. Plus, get Cramer's pin-action plays on Boeing.
Much of the demand for the precious metal is reportedly coming from Germany, where the memory of hyperinflation continues to significantly influence thinking.
The Queen was made to hang around for 5 days this week while her elected representatives attempted to form Britain’s next government.
The only thing missing from the weekend’s $1 trillion rescue package for Europe is a good acronym, Timothy Scala, a macro strategist at hedge fund Sophis Investments told CNBC.com Wednesday.
The Dow ended lower Tuesday as investors locked in some profits on stocks and sent gold to a new closing high as geopolitical worries left the market a little jittery.
Plus, the Mad Money host reacts to rising gold prices.
Last week’s sharp drops and heightened volatility were due in part to the severe debt crisis in Greece and, more specifically, growing fears that other European nations are at risk — especially Spain, Portugal, Italy and Ireland.
Stocks advanced in mid-afternoon trading Tuesday, led by consumer and techs, after major exchanges agreed to put curbs on big drops in individual stocks.
Stocks retreated as the global rally from the previous session lost momentum and euphoria over Europe's near $1 trillion debt rescue package faded. Gold prices soared.
The UK election just got a lot more interesting in a big negative way for the British pound.
The markets forced the European Union into its "shock and awe" rescue package, which means they will be tempted to repeat the tactic just to generate returns, David Blanchflower, professor of economics at Dartmouth College, told CNBC Monday.
U.S. stock index futures pointed to a lower open Tuesday as the global rally from the previous session lost momentum and euphoria over Europe's near $1 trillion debt rescue package faded.
Monday’s market euphoria across the world at the terms of the European Union/International Monetary Fund rescue package for the European bond market faded Tuesday as investors sold stocks and took profits on the euro. The worry for investors is whether governments in Greece and Portugal can live up to their end of the bargain and manage to significantly cut government spending in the face of bitter opposition from voters.
The size of the rescue package agreed at the weekend by European Union countries and the IMF is likely to cover the borrowing needs of vulnerable euro zone countries, according to famous economist Nouriel Roubini.
Cramer tells you how to trade stocks now that the Continent's debt defaults are off the table.
Recall that many global markets and several sectors hit highs in April - before accumulating losses through Friday's trading.
Europe's $1 trillion bailout fund might alleviate some of concerns that its debt problems could spread to the US, Philadelphia Fed President Charles Plosser told CNBC Monday
Doubts about Europe's $1 trillion bailout prompted many experts to question whether the market rally will be short-lived as well.
By establishing a 750 billion euro fund to bailout Greece and aid other struggling governments, Germany and other strong European states are chasing a dream—a single European currency and broader European unity—that may have no place in reality.