As we countdown to the contentious Crimea referendum set for Sunday 16 March, events continue to move apace. CNBC's Steve Sedgwick reports from Kiev with the latest.» Read More
Greece’s Prime Minster George Papandreou will face a vote of confidence in parliament tonight at midnight Athens time, 5PM ET. The government is working around the clock to gather support for its economic reforms and a new set of austerity measures.
There seems to be no limit to policy uncertainties, ranging from Europe’s stuttering response to its debt crisis, to questions about the end of QE2 in the US, the debt ceiling debate, and that still-elusive balance between medium-term fiscal reform and immediate stimulus to counter a weakening economy.
Noted economist, David Rosenberg is 99% sure that the U.S. will be in a recession by next year.
A British teenager has been arrested by officers investigating the LulzSec and Anonymous hacker groups, believed to be responsible for attacks on Sony, the U.S. Senate, the CIA, Britain's Serious Organised Crime Agency and News Corp.
Monetary policy has been "the great enabler" that central banks used to keep interest rates at "absurdly low levels for years now" and this has encouraged politicians to believe that sovereign debt is "a lot cheaper than it really is," David Stockman, former director of the Office of Management and Budget, told CNBC Tuesday.
Late last year, the Apple iPhone became the best-selling device at Finland’s leading mobile operator, a highly embarrassing situation for Nokia, the struggling mobile phone maker that has long been Finland’s corporate standard-bearer.
Florida Governor Rick Scott and Rep. Paul Ryan (R-WI) weighs in on job creation in his state.
A mismatch in the US labour market between the skills of unemployed people and the jobs available is making it hard for some companies to find the right staff despite an unemployment rate of more than 9 percent, one of the country’s largest manufacturing employers has warned, the Financial Times reports.
Citigroup’s attempts to sell OneMain Financial, the largest US consumer finance company, have stumbled over concerns among potential bidders about its funding as a standalone business, reports the FT.
Cummins Chief Executive Tim Solso told CNBC Thursday the United States lacks a qualified workforce with the kinds of technical skills he needs for his engine-making business.
The S&P could be bound for a correction of 40 percent or more in the next three years, according to a research paper issued by Universa Investments, otherwise known as the “black swan” fund for its affiliation with author Nassim Taleb.
Markets took a tumble on Thursday on fresh worries about the Greek debt crisis and European policy makers were urged to come up with a credible plan to restructure the country's debt.
US Treasurys may not be such a good bet for investors as yields have dropped too low and questions remain on whether the Federal Reserve will continue to print money after its current round of quantitative easing ends, analysts told CNBC.
Worries about the economy pose a serious threat to President Obama’s re-election chances, according to a new NBC News/Wall Street Journal poll.
New economic stats on retail sales from both China and the U.S. show there’s no double-dip recession out there — no matter what the bears-gone-viral may be telling you. No Armageddon. And no stock market crash either. Actually, Tuesday’s 123-point Dow gain to get back over 12,000 is a key sign that the stock correction may be over.
The commodities bubble is not set to burst, and any easing off of copper prices will be temporary, Stephen Twyerould, CEO of Excelsior Mining told CNBC.
The U.S. Congress will not wait for the country's debt crisis to reach the levels of Southern Europe, David Schweikert, a republican congressman and part of the bipartisan commission on budget told CNBC on Tuesday.
Bank chiefs’ average pay in the US and Europe leapt 36 percent last year to $9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector.
The Senate refused to kill a $5 billion annual subsidy for ethanol on Tuesday, backing continued government aid for a Farm Belt-based industry instead of deficit reduction in an era of record red ink.
Even if the debt ceiling is not raised, the United States will not default on its debt. The talk about a United States default is political and a red herring — it will only default if it chooses to do so.