SINTRA, Portugal— What's behind Europe's sluggish recovery and high jobless rate? The European Central Bank convened some of the world's most prominent economists Thursday through Saturday to probe those questions at the Penha Longa golf resort set amid steep, densely forested hills near the town of Sintra, Portugal, near the Atlantic Ocean.» Read More
The Misery Index is a simple calculation that became a political hot potato in the late 1970s and early 1980s. By adding the unemployment rate and inflation together, the index gave policy makers a tool by which to measure economic misery. As President Barack Obama prepares for his re-election run, the index stands at just 11 percent, some 10 percent lower than Carter faced 31 years ago.
Discussing whether the ECB is jumping the gun and the Fed is lagging, with Keith McCullough, CEO, Hedgeye Risk Management. For places like Portugal, Greece and Ireland, he says, things will end badly.
CNBC's Rick Santelli reports on the weekly jobless claims number, which fell to 382,000. Steve Liesman provides analysis and discusses whether the ECB rate decision will stick. Jim Iurio, Institutional Services, discusses, as well.
"Monetary policymaking is a notoriously difficult art. I say 'art' rather than 'science' deliberately," Dr Moorad Choudhry, Head of Business Treasury, Global Banking & Markets at Royal Bank of Scotland writes.
Tee time at Augusta, tea time for Boehner, and wait-and-see time for Portugal. Here's what we're watching—and you should, as well.
High Street retailers are dealing with the same pressures as their US counterparts and more.
President Barack Obama says shifting the U.S. away from imported oil and toward cleaner forms of energy will add momentum to a trend that has led to 1.8 million new jobs in the past 13 months.
The U.S. jobs report made plenty of traders happy - but dollar traders were left in the dust. Here's how to use currencies to trade on the news. Hint: go across the border.
U.S. Secretary of Labor Hilda Solis is concerned budget cuts of $40 billion to $50 billion under discussion in Congress could cost the recovery an estimated one million jobs.
Economists expect the economy is finally on the road to steadier job growth and likely added about 200,000 jobs in March.
Eric Schmidt set to make way for Larry Page, jobs set to take center stage, and bewilderment set to remain over Sokol's departure from Berkshire Hathaway. Here's what we're watching…
Discussing more good news about a jobs recovery with weekly jobless claims edging lower, with Michelle Girard, RBS sr. economist, and Sylvia Alayon, Capital Markets Assessment Corp.
Stocks target highs with jobs on the horizon, Irish banks quake in their boots, GNC faces the market—and what's happening in Omaha? Here's what we're watching …
A top head hunting firm has been seeing consistent and solid signs since the start of the year that American companies are hiring again.
How do you invite others to join you—whether advancing a new idea, selling a product, or marketing yourself?
The world's biggest economies are recovering from the Great Recession at troublesome speeds: too fast or too slow.
Regulators should include more than 80 banks in their list of global financial institutions of systemic importance that need tighter regulation and higher capital requirements, Douglas Flint, chairman of HSBC, has urged, reports the Financial Times.
The central bank's exit from QE2 will be tricky, energy prices could spook investors and consumers, and housing and jobs need help from each other.
What do you do when the ugly get uglier and you are looking for a profit in the currency markets?
Like stocks, the euro has so far this year shrugged off the so-called wall of worry. Concerns that the likes of Greece, Ireland or Portugal could default have not led to euro losses.