UK finance minister George Osborne says Britain must work through the government's budget plan to "secure" the economy in the long term.» Read More
As Greece gets its first instalment of aid from the European Union Tuesday, investors and traders are concerned about the fiscal strength of the other PIIGS: Portugal, Italy, Ireland and Spain.
European finance ministers meet in Brussels Tuesday and much of the talk will focus on how the sinners can be punished.
The euro may be weakening, but it maintains a strong grip on the world's stock and commodities markets. For that reason, investors are keeping an eye on a full meeting of European finance ministers in Brussels Tuesday.
A strong and steady King Dollar is always essential to overall free-market prosperity and economic growth. But a wildly fluctuating greenback is not.
A new government is formed in Europe and problems ensue. They check the books from the outgoing administration and discover things are worse than they knew. If this sounds familiar, it should as this is what happened in Greece. It is now occurring in the United Kingdom.
As the euro plunges to a four-year low against the dollar and respected economists like Paul Volker wonder out loud if the currency will survive, reflection is necessary to determine why this once prestigious currency appears to be crashing on the rocks of uncertainty.
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After a brief respite following the announcement last week of a nearly $1 trillion bailout plan for Europe, fear in the financial markets is building again, this time over worries that the Continent’s biggest banks face strains that will hobble European economies, the New York Times reported.
With the euro under pressure on Monday euro zone and European Union finance ministers heading for a meeting in Brussels over the next 48 hours, the German government is pressing other members of the euro to adopt their own versions of the so-called balanced budget law.
Following the European Central Bank’s decision to start buying assets to relieve liquidity problems within the euro zone, a leading German lawmaker has called for ECB President Jean-Claude Trichet to resign.
Former President Bill Clinton says it is "time to lower the rhetoric and talk about the facts," in reference to the government's scrutiny of Wall Street.
Cramer offers six ways a healthy sense of doubt is benefiting stocks.
The three biggest credit agencies are now on the hook—along with eight Wall Street banks—in a probe involving whether they misled investors in toxic, mortgage-backed securities, CNBC has learned.
The ride may be bumpy, but the Dow is headed for 12,000 by yearend and 13,000 in 2011.
The European Central Bank's decision to buy government bonds in the secondary markets will likely stop speculators, but it may push the euro down by more than 10 percent.
It’s easy to look at the protesters and the politicians in Greece — and at the other European countries with huge debts — and wonder why they don’t get it. Yet in the back of your mind comes a nagging question: how different, really, is the United States? The NYT explains.
Gold prices are soaring because of growing inflation fears—both the European Central Bank and the Federal Reserve seem to be on the path to permanently easy money with the Greek bailout and huge U.S. budget deficits.
The Commerce Department reported the March deficit on international trade in goods and services increased to $40.4 billion from $39.4 billion in February.
How should investors be trading in these volatile market situations? Jamie Cox, managing partner at Harris Financial Group, and Dan Genter, president, CEO and CIO of RNC Genter Capital Management, discussed their market outlooks.