Global Economy
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Switzerland is set to bow to years of pressure from the EU by overhauling the system of tax privileges that has helped entice thousands of multinational firms to the country.
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Switzerland is set to bow to years of pressure from the EU by overhauling the system of tax privileges that has helped entice thousands of multinational firms to the country.
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China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging Beijing's efforts to cool record home prices while supporting economic expansion.
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Olli Rehn, the European Union's top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity.
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It's Fed Chairman Ben Bernanke's turn to weigh in on whether the economy is strong enough to justify the Fed slowing down its easing any time soon.
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CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.
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If you're lucky enough to win the upcoming half-billion-dollar Powerball, you'll also be putting a big smile on Uncle Sam's face. That's because the tax burden will be substantial.
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In his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about the stock market's continued rally. (2:02)
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US consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
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CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks shifted higher despite weak economic data from the U.S. yesterday.
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Indonesia is ready for a sudden withdrawal of foreign funds from the country once major central banks around the world start unwinding their aggressive monetary stimulus, a senior Indonesian government official says.
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As the school year draws to a close, report cards are in for some of the world's most influential central bankers as well. Here's who passed with flying colors and who didn't make the grade.
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The paths of Japan and Europe, which have been the sick men of the world economy for years, diverged this week: Japan showed a robust first quarter growth while Europe fell deeper into recession. Will Europe learn from Japan? The NYT reports.
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Bruce Kasman, Chief Economist & Managing Director of Global Research at JP Morgan says that the global environment is shifting in favor of risky assets with reduced tail risks after global central bank moves.
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*Exit could be' bumpy', IMF study shows costs could be high. WASHINGTON, May 16- Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday.
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CNBC's Bertha Coombs discusses the day's activity in the commodities markets. After the dollar slipped, oil and gasoline futures climbed a bit. Nat gas was down on a bigger-than-expected build. A mixed picture in the metals markets, as well.
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Groupon's strategy is shifting its focus away from daily emails to becoming a mobile marketplace as the search for a new CEO continues in earnest and the company is looking to be "less misunderstood."
