John Herbst, U.S. Ambassador to Ukraine from 2003 to 2006, says it is important for both the U.S. and Europe to mete out more serious sanctions on Russia.» Read More
Brazil slashes interest rates and manufacturing reports disappoint in Europe and Britain — it's time for your Thursday FX Fix.
"On one hand export orders appear to be falling but on the other hand production seems to be rising so where is the production going? Obviously it's going into internal demand. This is in line with China's five year plan promoting more internal consumption which seems to be taking effect but it's not going to happen overnight. But this is a very positive trend China's economy is slowing, there's no doubt about that, but it's slowing out of choice, Andrew Leung, founder at Andrew Leung International Consultants told CNBC.
Calls for protectionism make no sense in today's global economy and globalization was not responsible for the economic downturn, despite some claims to the contrary by politicians, Pascal Lamy, Director General of the World Trade Organization told CNBC.
The Fast Money traders take a look at today's biggest market movers, including Lions Gate and Family Dollar.
Dissecting the day's major business news, with the Fast Money traders.
New jobs data will be reported Friday, and investors are guardedly optimistic. Here's how to trade the glass-half-full mood.
After ten years, memorials are still being built around the country on top of the 700 already in place. Each of them marks a unique healing path for the victim's family, the community and the whole nation.
CNBC's Larry Kudlow and former Vice President Dick Cheney discuss Cheney's new book, "In My Time."
Loss estimates from Hurricane Irene continued to fall and ratings agencies said insurers would have no problem with claims, helping boost insurance industry shares Wednesday.
Nothing tells the story of August like the data. The DJIA is off by 4.7 percent month to date but the losses elsewhere show just what a difficult month it has been.
The private sector created 91,000 jobs last month, a shade below expectations, according to a report from ADP that sets the stage for a likely weak report the government will release Friday.
The Swiss step back and Fed watchers are busy - time for your Wednesday FX Fix.
The Fast Money traders take a look at today's biggest market movers, including Barnes & Noble and Bank of America.
The Fast Money traders discuss whether the rally on Tuesday was real.
"Inflation fears at the start of the year were always something I was skeptical about and which I always thought were overdone," Bob Parker, senior advisor at Credit Suisse, told CNBC. However, he added he was concerned that inflation could become an issue in 2013.
Pimco's manager in charge of the world's largest bond fund, Bill Gross, may have made a mistake when betting against US bond prices earlier this year, but the economy has deteriorated faster than anyone had appreciated, analysts told CNBC Tuesday.
Hurricane Irene had long since passed, but a lot of people who were hoping to get on airplanes as airports in the Northeast reopened Monday were not going anywhere anytime soon, reports the New York Times.
Global recession in 2012 is “65 to 75 percent certain" and could deteriorate into a lengthy depression, Roger Nightingale, economist and strategist at RDN Associates, told CNBC on Monday.
Slashing costs and trimming staff has not solved the problems of developed world companies, making earnings more likely to fall, Richard Cookson, chief investment officer at Citi, told CNBC Tuesday.
A few years ago, I pointed out in a column that the cost of insuring the US government against a default in the credit derivatives market, had risen above that of McDonalds, the US fast food company, for the first time, the FT's Gillian Tett writes.