Yahoo is buying Tumblr for $1.1 billion, and wealthy households in France paid more than 100 percent of their income in taxes in 2012. CNBC's Robert Frank and John Carney discuss.» Read More
The West's attempts to kick-start growth have opened up a 'Pandora's Box' of economic distortions that have taken the emerging world to the outer reaches of economic experimentation, according to HSBC chief economist Stephen King.
The central bank is widely expected to keep rates at their current historic low of 0.5 percent as new data released in the UK this week showed the economic recovery faltering.
Portugal has finally gone cap in hand to the European Union, the European Central Bank is about to raise rates and the market is obsessed by Fed speak and looking for clues on when the second round of creating money — or quantitative easing — will come to an end.
After months of speculation, Portugal last night accepted what many had claimed has been inevitable since the fourth quarter of 2009 and went cap in hand to the European Union as its borrowing costs became unsustainable following another big jump in yields.
Global investors have followed every twist in the ongoing debt crisis engulfing the euro zone. See what countries have the most indebted governments, and how their economies are faring.
Guy Monson, a fund manager at Sarasin, has called the two-year rally in stocks and stayed true to his bullish views despite the wall of worry.
The UK economy returned to growth in the first quarter of 2011 but the outlook for the rest of the year remains worrying, according to a report published Tuesday by the British Chambers of Commerce (BCC).
Oil prices have recovered from a short sharp sell-off late last month to hit fresh highs but could be about to sell off again, according to Julian Jessop, the chief international economist at Capital Economics.
Brazil's "economic miracle" is alive and well despite growing concern that the Latin American powerhouse is in danger of overheating, the managing partner of Brazilian investment bank BTG Pactual said Monday.
Stocks are the safest place to be as inflation fears mount, Mark Mobius, Chairman, Templeton Emerging Markets Group, told CNBC Monday.
At least two sons of Col. Muammar el-Gaddafi are proposing a resolution to the Libyan conflict that would entail pushing their father aside to make way for a transition to a constitutional democracy under the direction of his son Seif al-Islam el-Qaddafi, a diplomat and a Libyan official briefed on the plan said Sunday, the New York Times reported.
The ECB is this week expected to lift rates by 25 basis points in a bid to reign in inflation despite ongoing fears over the financial health of Portugal, Ireland and Greece.
It is all but certain that the ECB will raise rates this week. It has been itching to do so for some time. Now that the moment has arrived, what will the move actually mean for the euro zone and the global economy?
Euro zone inflation defied expectations of a small decline and surged higher in March, an early estimate showed on Thursday, a week before the European Central Bank is expected to raise interest rates to stem price growth.
HSBC is cutting growth targets and raising inflation forecasts following dramatic rises in commodity prices that threaten the global recovery.
The world's biggest economies are recovering from the Great Recession at troublesome speeds: too fast or too slow.
The Bank of Portugal warned on Tuesday of the need for substantial new austerity measures to ensure the debt-laden country meets budget goals, steps that will deepen an expected economic contraction this year and next.
The recent remarks of the St Louis Fed President James Bullard have made it clear he believes it is time to think seriously about an exit strategy from the second round of quantitative easing and this could have big implications for stocks, according to one economist.
Like stocks, the euro has so far this year shrugged off the so-called wall of worry. Concerns that the likes of Greece, Ireland or Portugal could default have not led to euro losses.
Portugal's central bank on Tuesday releases its projections for the country's economic outlook and investors are likely to watch closely for changes in the growth forecast, as the country has been plunged in a political crisis because of its austerity measures.