CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.» Read More
Lazard has been hired to assist Greece with its finances. The speculation is Lazard has been hired to assist Greece with a restructuring of its debt. That, of course, has been denied. These guys always deny, deny, deny until it's done.
Once passed, the bill will be signed into law and then presented to the Euro Zone meeting on Friday night. There is likely to be a constitutional challenge to the agreement, but this will not impede the flow of money to Greece.
The European Union and the I.M.F. have yet to show the flexibility, political courage and teamwork needed to solve its debt crisis, the New York Times reports.
U.S. markets will more likely heed the words of European Central Bank President Jean-Claude Trichet than Fed head Ben Bernanke Thursday.
The U.S. economic recovery "will be hampered" by the continuing European debt crisis, chief economist John Silva of Wells Fargo told CNBC Wednesday.
Investments in debt-stricken Europe are “undervalued,” “unloved” and “now oversold,” Barton Biggs, the managing partner at Traxis Partners hedge fund, told CNBC Wednesday.
The ink was barely dry on the $150 billion EU/IMF bailout of Greece when world stock markets tanked on two major fears.
Prudential shareholders may grudgingly acknowledge that the pursuit of exciting new opportunities in Asia is the right long term strategy. But in the short term they need convincing the big price tag for AIA and the delayed rights issue are the correct way of achieving that.
The market is already beginning to ask if the German public and the EU have the stomach for a rescue package for Portugal, Spain, Ireland and even for Italy.
There's a whiff of volatility back in the markets, and that could mean a choppier trading environment for now.
While tougher regulations on consumer protections and derivatives are the highlights, it will be the lesser known aspects that will make or break many businesses.
The entire premise of the EMU is in question and must be resolved. Either the EU integrates further or dissolves.
Despite the agreement over the weekend to aid Greece, stocks are down sharply again today on similar fears as other nations, especially Portugal and Spain, are also facing severe debt issues. The whole situation also brings into question the strength of the euro currency.
The cost of insuring Goldman Sachs’ debt against default has risen to about the level of Morgan Stanley and Citigroup, two less profitable rivals,as Goldman’s regulatory woes take a toll on investors’ confidence and its standing on Wall Street.
Spain risks falling into the same trap as Greece, investors say, unless it takes more forceful action to solve its debt problems. The NYT reports.
Huge moves up in the yield of Greek paper and a growing concern about other EU members and their ability to grow out of large budget deficits has investors thinking twice.
Here's my friend Dan Mitchell's latest video. As usual, it's definitely worth watching. According to Dan: The correct capital gains tax rate is zero because there should be no double taxation of income that is saved and invested.
Financial regulations could significantly influence UBS' profitability in both the near and long term and they will constrain the Swiss bank from resuming dividend payments, CFO John Cryan told CNBC Tuesday.
The Greek debt crisis is beginning to take a back seat, while the earnings season has got off to a solid start, therefore stocks are once again a good place for investors, Bruno Verstraete, CEO of Nautilus Invest in Zurich, told CNBC Tuesday.
For now, Greece has been saved but at what cost? The sums involved are staggering and could have been much lower if the euro zone's governments had appreciated the size and scale of the problem earlier and learned the lessons of history.