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U.S. Treasury Secretary Timothy Geithner is not expected to significantly shift the Aug. 2 date when the government will have exhausted all of its emergency measures to stave off default, a source familiar with the administration's efforts said Monday.
A few weeks ago, Mike Farrell, head of Annaly Capital, a New-York based, non-bank finance firm, wrote a letter to his investors that pointed out that “in times of chaos ... those that survive aren’t necessarily the biggest or the bravest.” the FT reported.
French Finance Minister Christine Lagarde is expected to be chosen as early as Tuesday to be the new leader of the International Monetary Fund.
The White House said Monday that a "significant" deal with Republicans on cutting government spending and raising the nation's debt limit is still possible, even as the administration hardened its stance on the need for increased tax revenue to be part of any agreement.
Outspoken congresswoman and Tea Party favorite Michele Bachmann cast herself as the "bold choice" for the Republican presidential nomination, as she formally kicked off her campaign Monday in her Iowa home town.
Crude oil got hammered last week. Here's how to trade that move using currencies.
Which states are best for business? Test your knowledge.
Much has been made about how many homeowners — and even traders — got bamboozled by the financial crisis. Well guess what: Now, even your kids don't trust banks — or the stock market.
Treasury Secretary Tim Geithner told CNBC Friday he sees second-half growth of 2.5 percent and wants an agreement on raising the debt ceiling that will be fair while promoting that growth.
When it's hard to read the tea leaves, it's time to trade safe-haven currencies. Here's one smart approach.
"If I take Nevada's debt and if I add in the pension liability, and I add in the benefit liability, I'm still only at 8.6 percent. I can't speak for Ms. Whitney ... but I do have to say it would be nice if she did a little homework, drilled down a little bit into what those numbers are," Kate Marshall told CNBC Friday.
The White House says President Barack Obama is stepping directly into stalled debt talks, inviting Senate Majority Leader Harry Reid and Republican leader Mitch McConnell separately to discussions Monday.
The dollar rides some good economic news, for a change, and the Bank of England's Mervyn King delivers a scolding — time for your FX Fix.
After a volatile session on Thursday as the International Energy Agency unveiled plans to release strategic reserves in a bid to push oil prices lower, stocks look set for a strong end to the week.
In less than 40 years India will overtake the US as the world’s second-largest trading nation, pushing today's superpower into third place and Europe in to the little leagues, according to a new report by Citi.
James (Whitey) Bulger, a legendary Boston crime boss indicted in 19 murders and who is on the F.B.I.’s 10 Most Wanted list, was arrested by federal authorities Wednesday night in Santa Monica, the New York Times reports.
Stock markets would panic if they knew what Ben Bernanke and other leading figures in the Federal Reserve really said when their tongues are loosened by alcohol, John Mauldin, president of Millennium Wave Advisors, told CNBC Thursday.
A contract for 200 Airbus 320NEO, along with an option for another hundred aircrafts, are expected to be unveiled by the pan-European plane builder Airbus on Thursday.
Federal Reserve Chairman Ben Bernanke’s statement on expectations for the US economy on Wednesday was “quietly risk negative,” Dennis Gartman, author of The Gartman Letter, told CNBC Thursday.
Laszlo Birinyi continues to be bullish on stocks although he told CNBC Wednesday he was "disappointed with some of the language and the tone" of Federal Reserve Chairman Ben Bernanke during the latter's press conference today.