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
Khiem Do, Head of Asian Multi-Asset at Baring Asset Management, explains why Asian equity markets failed to take off after Japan's first-quarter growth data surpassed expectations.
Martin Schulz, Senior Economist at Fujitsu Research Institute, says a "consumption binge" ahead of April's tax hike helped Japan post its fastest growth since 2011 in the first quarter.
Leif Eskesen, Chief Economist for India and ASEAN at HSBC, expects Japan to see a spike in first-quarter gross domestic product due to front-loading ahead of the sales tax hike.
David Joy, Ameriprise Financial, and Mark Vitner, Wells Fargo Securities, share their outlook on the market and economy and discuss whether the economic rebound will be robust enough.
A further slowdown in China is inevitable as the economy undergoes a re-balancing, says Xavier Denis, Economist and Strategist at Societe Generale Private Banking.
Cherelle Murphy, Senior Economist at ANZ, believes the spending cuts outlined in Australia's budget will cause a 0.25 to 0.5 percent reduction in gross domestic product.
CNBC's Steve Liesman digs into the latest consumer data and gives his economic outlook for the first two quarters.
The markets are fully valued but there are pockets of opportunities in mergers and acquisitions, says Daniel Arbess, Xerion Fund portfolio manager.
I hope we wake up out of this torpor, says Ken Rogoff, Harvard University professor, discussing those things that need to be fixed in the U.S. economy.
Ken Rogoff, Harvard University professor, shares his thoughts on how the Fed's policy is impacting the markets.
Discussing the outlook for the long-term unemployed and the battle over unemployment insurance, with CNBC's Larry Kudlow and Steve Liesman.
CNBC's Steve Liesman tracks activity in the stock and bond market as Janet Yellen spoke to the Senate Budget Committee.
CNBC's Steve Liesman monitors Janet Yellen's testimony in front of the Senate Budget Committee.
Michael Feroli, J.P. Morgan chief U.S. economist, shares his thoughts on Janet's Yellen's strategy on fiscal policy and how it is affecting the U.S. economy.
Robert Wolf, 32 Advisors CEO, announces the addition of a new company that will help customers use drones as a service.
Martin Feldstein, Harvard University professor, explains why he thinks the economy is not going to be dragged back into a recession, despite Yellen's concerns about a weak housing market. And Robert Wolf, 32 Advisors CEO, weighs in.
We do not have a strong, fundamental economy, says Robert Wolf, 32 Advisors CEO, sharing his thoughts about the private sector's view on the economy and Fed policy. We absolutely need corporate tax reform, Wolf adds.
As the World Economic Forum kicks off in Nigeria, the nation reels from the mass abduction of hundreds of young girls.
Federal Reserve Chair Janet Yellen explains when she expects the normalizing of interest rates to begin.
Federal Reserve Chair Janet Yellen explains the Fed's QE exit strategy. "We anticipate continuing to reduce the pace of asset purchases in measured steps." Yellen says.