CAIRO— Egypt's president has approved a new budget for fiscal year 2015-2016, slashing the projected budget deficit to 8.9 percent of gross domestic product, the country's finance ministry said Thursday, in a move likely to please international creditors. Also Thursday, Egypt's currency fell to a new low point against the dollar, the first such drop since...» Read More
Daniele Antonucci, European economist at Morgan Stanley, comments on the latest euro zone data and says that there seems to be a "growth rotation" towards reformist economies such as Spain.
Markus Schomer, Chief Economist at Pinebridge Investments, expects the U.S. to see growth above 3 percent in the second half of 2014 and explains why bonds are a "futile economic indicator."
Collins Capital's Dorothy Weaver isn't necessarily worried about the drop in GDP. Instead, she's looking for opportunity.
Monday marks the official end of Q2. How to view the second half of investing, with Dan Greenhaus, BTIG, and Matt Maley, Miller Tabak.
Steven Saywell, global head of foreign exchange strategy at BNP Paribas, comments on the U.K GDP data and says the Bank of England should be the first major bank to hike rates.
St. Louis Fed President James Bullard said he could see interest rates rising by as early as Q1 of 2015. Pimco's chief economist Paul McCulley, says Bullard is a "known hawk." McCully also discusses Q1 GDP, saying the fact that consumer income and job creation held up in Q2 is the "silver lining."
Pimco's chief economist Paul McCulley, discusses Pimco's Fed forecast.
Former Federal Reserve Governor Kevin Warsh, shares his thoughts on the health of the U.S. economy.
Don't judge this economy by the willingness of investors to buy a hot stock, say Former Federal Reserve Governor Kevin Warsh, sharing his thoughts on the markets, U.S. economy and Fed policy.
Former Federal Reserve Governor Kevin Warsh, explains how Federal Reserve policy is preventing the U.S. economy from exiting the two percent growth trap.
Low expectations and an uptick in capital expenditure offset the poor reading on first quarter growth, says Quincy Krosby, Market Strategist at Prudential Financial.
Jeffrey Zients, Director of the National Economic Council and Assistant to the President for Economic Policy, discusses the surprisingly weak Q1 GDP number, and explains why forecasters are counting on a rebound in Q2.
Discussing whether data showing the final U.S. first quarter GDP contracted means trouble ahead, with Adam Parker, Morgan Stanley U.S. equity strategist and managing director. Parker discusses what investors really care about.
Miguel Azevedo, head of investment banking for Africa at Citigroup, says the growth prospects for Nigeria are "very positive" and that the country's economy is no longer oil-dependent.
CNBC's Bob Pisani breaks down the big drop in GDP. Pisani says the huge revision is due in part to the weaker pace of health care spending.
Discussing the paradox between today's surprisingly bad GDP number and the bull market, with Dan Greenhaus, BTIG chief global strategist, and Jack Ablin, BMO Private Bank Executive VP & CIO.
I think going forward growth numbers are going to look better, says Joshual Feinman, Deutsche Asset & Wealth Management, explaining why he thinks the GDP numbers are out of sync with other economic data.
CNBC's Rick Santelli has the latest data on durable goods orders for the month of May, and the first quarter revised GDP number.
Jay Bryson, global economist at Wells Fargo Securities, says that while Europe is doing better, it is unlikely to see a huge acceleration and that it's similar to Japan in the 90s.
Jeremy Stretch, head of foreign exchange strategy at CIBC, says that the weakness in the French PMI data is a cause for concern and that it signals that the country could have a negative second quarter GDP reading.