In an exclusive interview, Julia Chatterley asked Greek Finance Minister Yannis Stournaras about the status of Troika discussions on the sidelines of the EcoFin meeting in Brussels.» Read More
The decade that brought us the Enron scandal, the Madoff scandal, the subprime scandal, the Stanford scandal and the great bailout scandal has just two months to run and we have another scandal, the Rajaratnam scandal.
This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday, adding that global stimulus hasn't come down to Main Street.
When bond yields begin to return to their long term average expect money to pour out of equities. Until that moment factors such as profits, revenues and growth may have less of an impact on the equity market than you might think.
America and China have a problem. A very big multi-trillion dollar problem that shows no sign of going away whatever the financial crisis throws at it.
Those looking to benefit from the buyer’s market today must come to the table prepared, armed with a clean financial bill of health and plenty of research to ensure they get the best deal on their purchase
In the past, the prospect of higher rates has typically led to a burst of mortgage activity, but in the current environment, particularly after the extenuating circumstances of the past two years, it's hard to say if that dynamic will play out again.
By cutting out the middle man and selling your home yourself, you could walk away with tens of thousands of dollars more in your pocket. It just takes a little marketing know-how and a lot of entrepreneurial spirit.
Even during his most frenzied days, when Congress is demanding answers or the president himself is calling, Treasury Secretary Timothy Geithner makes time to talk to a select group of powerful Wall Street bankers.
For many people who do not have bank accounts, or cannot get a credit card, the pre-paid debit cards are irresistible. But their convenience comes with a catch. The New York Times reports.
What the bond markets really want to hear from Shadow Chancellor of the Exchequer George Osborne is a credible plan for slashing billions of pounds in spending whilst at the same time not cutting off any economic recovery.
Indians own more gold than the citizens of any other country. They use the glittering metal as ornaments to flaunt family wealth, as a source of retirement savings and as insurance against calamities. But lately, gold has become something else: collateral, and the basis of one of the country’s fastest-growing businesses, gold loans.
The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans as rippling job layoffs ravaged household budgets.
The U.S. government and its ranks of overwhelmed financial agencies are now in bigger danger than the nation's banks ever were, says The Big Money.
The US is too dependent on Japan and China buying the country's debt and could face severe economic problems if that stops, Tiger Management founder Julian Robertson told CNBC.
Municipal bonds can add some pizazz to the yield of your fixed-income ladder, but, as usual, do-it-yourself investors should proceed with plenty of hesitation.
Economists, recognizing that bubbles tend to come in bunches, are on the lookout for the next market to fizzle. They say that governments, central banks and international bodies should scrutinize a few markets that look likely to froth over in the next few years.
The bulging US government debt can turn into an investment opportunity, legendary investor Jim Rogers, chairman of Rogers Holdings, told CNBC Monday.
The worst of the economic crisis is not over and a currency crisis can happen this year or the next year, because the problem of too much debt in the system has not been solved, legendary investor Jim Rogers told CNBC Monday.
The Federal Reserve and the Treasury Department should have let 10 banks fail, not just Lehman Brothers, for the financial system to clean itself up, legendary investor Jim Rogers told CNBC Monday.
Abolish the Federal Reserve and let AIG go bankrupt for the world economy to emerge cleaner from the financial meltdown, legendary investor Jim Rogers told CNBC a year ago. A year after Lehman Brothers collapsed, here is what Jim Rogers tells CNBC: