U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said.» Read More
Everyone at Davos may be focused on the collapse of the global economy. But the conference itself is helping create a mini-boom, at least for the moment.
Starting September 2008 the Shanghai Composite Index has been steadily rising, a remarkable performance in this dismal environment.
The theme for the World Economic Forum this year is "Restoring Trust, Rebuilding Confidence." It ain't gonna be an easy sell.
Former Merrill Lynch CEO John Thain's estimate of losses in early December was only a fraction of the $15.3 billion loss that the brokerage giant later reported, Bank of America senior executives told CNBC.
That is the question this year about Davos. In such troubled economic times, expected participants—from Wall Street To Washington—are dropping like flies.
US President Barack Obama won't be there, but many other major world leaders will be on hand, and policy experts say they'll have to do more than just show up if they want to jumpstart the global economy.
The conversations on the ground in Davos, Switzerland are likely to pick up where they left off at the 2008 World Economic Forum’s annual meeting: how did we get here?
You know what's worse than finding out that Citigroup is buying a $50 million top-of-the-line corporate jet? Finding out that Citi actually owns a whole subsidiary called CitiFlight that manages its fleet of corporate jets.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.
Timothy Geithner's tax controversy won't cost him his confirmation as U.S. Treasury Secretary on Monday but it could prove a source of friction when he seeks new powers from Congress to fight recession. Tell us what you think:
Instead of nationalizing the banking system, or making our big financial institutions wards of the state, or interfering with real estate markets through foreclosure bailouts, or expanding any other aspects of Bailout Nation, let’s have some pro-growth tax policies.
An "intense recession" is likely through spring despite a surprising climb in leading economic indicators, the Conference Board said.
I continue to be concerned over this effectiveness of this spending plan and the timing of the stimulus, says Andrew Busch.
This year, politicians, not corporate titans, are poised to be the big draw, echoing the broader power shift away from the free market as one government after another tries to prop up its sinking economy.
When I strolled into the New Orleans Convention Center this weekend for the National Auto Dealers Association annual meeting, I expected optimism. Even in a recession, these guys are sales people. It's what they do.
The recent lull in the government bond market's bullish tone only enhances the arguments for ramping-up a portfolio of the heretofore dullards of the financial markets.
Banks and finance companies are doing everything in their power to rebuild their balance sheets, and in the process of trying desperately to survive and eventually some day to thrive once again, they are abrogating the very rationale for their existence, says Patricia Chadwick.
Sterling has taken a beating against many currencies recently, most notably versus the dollar, where it fell to a 23-year low of $1.35 last week.
The euro will not be around in the next 20 years, but Britain would have been better off had it joined the single European currency when it had a chance, legendary investor Jim Rogers told a British newspaper.
Dave Kansas has written a book to help us get through these dark days and offers guidance on how to build a better, more secure future.
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