Timothy Ash, head of emerging markets research at Standard Bank, says the West and markets are "sleep-walking through the Ukraine crisis" and ignoring the ongoing "full-scale war".» Read More
US private construction will post growth this year for the first time since 2005, and will be an important driver of gross domestic product growth and job creation in 2012, according to a report by investment firm AllianceBernstein.
The risk of a break-up of the euro zone is “vastly overplayed” and a collapse of the single currency area is out of the question, Ian Bremmer, President of the Eurasia Group told CNBC on Tuesday.
Volumes of Samurai bonds — yen-denominated bonds issued by non-Japanese entities — hit a 15-year high in 2011, and could be 20 percent higher in 2012, a Tokyo-based analyst told CNBC.com.
As the weak economy has trudged on, they have leaned on credit cards to pay for holiday gifts, many bought at discounts. They are dipping into savings to cover spikes in gas, food and rent. They are substituting domestic vacations for international trips, squeezing more life out of their washing machines and refrigerators and switching to alternatives as meat prices have risen. The New York Times reports.
Holdings of U.S. Treasurys by foreign central banks has fallen by a record $69 billion over the past four weeks according to the latest Federal Reserve data. The Financial Times reports
What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East. The Financial Times reports
Let's face it, we've been lied to a LOT in the past few years. Let's you and me make a pact — right here, right now — to fall for fewer fibs in the new year. Here are some tips for how to spot a liar.
The Fast Money crew offers special CNBC.com-only advice on your investments.
Sharing insight into Iran's threats to close down the Strait of Hormuz, with Alireza Nader, Rand Corp. Iran analyst saying, "what Iran is counting on is to use this as a threat to prevent an oil embargo on Iran and if there is a conflict to impede the flow of oil to a certain extent that oil prices go up and this puts pressure on the United States and other governments."
A senior Iranian official on Tuesday delivered a sharp threat in response to economic sanctions being readied by the United States, saying his country would retaliate against any crackdown by blocking all oil shipments through the Strait of Hormuz, a vital artery for transporting about one-fifth of the world’s oil supply.
Federal prosecutors say a bid by accused Ponzi mastermind Allen Stanford to delay his criminal trial until late April ignores the interests of thousands of investors in the alleged $7 billion scam.
Now that a judge has ruled accused Ponzi mastermind R. Allen Stanford competent to stand trial, his defense team has moved on to plan "B": a bid to delay the trial by three months.
Pharmaceutical giants’ profits could take a "double-dip" hit next year from patent expirations on blockbuster drugs and President Barack Obama’s healthcare reforms, according to a report from CreditSights, a credit market research firm.
Since returning a day ago from a trip to Prague and Krakow, I have been pondering the stark contrasts between our country and the countries in Europe.
The Fast Money traders take a look at today's biggest market movers.
Sharing perspective on whether investors should bet on the United States market for the new year, with Uri Landesman, Platinum Partners president and Hugh Johnson, Hugh Johnson Advisors chairman/CIO.
Investors can blame Europe for choking off stock market gains in 2011. But there’s a growing list of geopolitical flashpoints lurking in 2012—and any one of them could pose a risk to stocks.
Some companies are starting to do virtual office holiday parties. That sounds like either the coolest — or uncoolest — party ever. So, how does that work, exactly?
Without treatment to replace his failing kidneys, doctors knew, the man in Bellevue hospital would die. He was a waiter in his early 30s, a husband and father of two, so well liked at the Manhattan restaurant where he had worked for a decade that everyone from the customers to the dishwasher was donating money to help his family.
The Fast Money traders weigh in on Tuesday's rally, as the Dow heads over 12,000, fueled by promising housing numbers.