SACRAMENTO, Calif.— Less than a month after edging out Brazil, California has slipped back to its ranking as the eighth-largest economy in the world based off an update of global economic data released Wednesday. According to the World Bank, Brazil's gross domestic product now stands at more than $2.3 trillion, running slightly higher than California's.» Read More
CNBC's Rick Santelli and Jim Bianco, Bianco Research president, take a look at whether quantitative easing worked, and if stimulus helped or hurt the economy.
Harris Georgiades, Cyprus's finance minister, says the country's resilience has exceeded expectations, as the island is now "out of the danger zone" and has entered a "stabilization phase".
Pierre Moscovici, France's finance minister, says the French economy is resilient, adding that although the country won't reach its deficit target in 2013, it will achieve it the following year.
Felipe Larrain Bascunan, Chile finance minister, highlights that while Chile is concerned about copper demand from China, the recovery in Europe and U.S. should help the country stay on a growth path.
Some economists believe India's slowdown may help turn the country away from the corruption and crony capitalism that fueled the recent boom.
CNBC's Steve Liesman; Secretary Neal Wolin, former Treasury Secretary, and Lee Sachs, Alliance Partners, provide their perspective on the outlook on the U.S. economy.
Former Treasury Secretary Neal Wolin and Peter Fisher, BlackRock Investment Institute share their views on what sparked the 2008 financial collapse and what needs to be done to prevent it from happening again.
CNBC's Steve Liesman takes a look at revised GDP data and discusses the outlook on the U.S. economy and the likelihood of a military response against Syria, with former Treasury Secretary Neal Wolin.
Alan Clarke, director of fixed income strategy and banking and markets at Scotiabank, discusses the recovery in the U.K. and why Bank of England Governor Mark Carney's forward planning was "the right thing at the right time".
David Kelly, JP Morgan Funds; Julia Coronado, BNP Paribas, provide numbers they feel will be strong enough for a taper.
With tensions in Syria and the GDP number revised higher today; CNBC's Bob Pisani and Rick Santelli discuss today's market activities.
Better than expected GDP and jobs data gave the market a boost today. Paul Christopher, Wells Fargo, discusses whether the "buy low" market adage holds right now.
U.S. GDP for the second quarter was revised up to 2.5 percent. CNBC's Bob Pisani, and Steve Grasso, Stuart Frankel, discuss the latest action in the markets.
CNBC's Rick Santelli, and Andy Brenner, National Alliance Securities, discusses whether the Fed's bond-buying program is stifling economic growth.
The U.S. economy grew more quickly than expected in the second quarter. Gary Kaminsky, Morgan Stanley, weighs in.
Markets are cautiously optimistic after GDP beat expectations. James Paulsen, Wells Capital Management, and Hank Smith, Haverford Investments, weigh in on the revised numbers and offer strategies on where investors should turn next with so much uncertainty in the markets.
CNBC's Rick Santelli breaks down the latest data on first-time unemployment filings, and the upward tick in second quarter GDP revision. And CNBC's Steve Liesman provides insight on what it indicates about the economy recovery and its impact on the markets.
CNBC's Rick Santelli talks with Robert Arnott, Research Affiliates chairman & CEO, about "unrealistic" GDP growth expectations, explaining how a shrinking labor force puts that growth rate closer to one percent, according to his calculations.
Carsten Nickel, senior vice president of Teneo intelligence, discusses Germany and explains that Merkel's strategy of "putting the campaign to sleep" is working.
Gernot Nerb, expert at the IFO Institute, comments on the latest German IFO survey and highlights that it suggests companies are investing more.