World Economy


  • What the Pros Say: All that Glitters is Gold Thursday, 9 Oct 2008 | 8:30 AM ET

    Markets rebounded on Thursday after the previous day's rocky ride, but where can investors seek refuge?

  • Ireland Extends Deposit Guarantee to Foreign Banks Thursday, 9 Oct 2008 | 6:53 AM ET
    CNBC Special Report: Bank Crisis Strikes Europe

    Ireland said Thursday it is extending its guarantee of bank deposits to cover savings in five foreign-owned institutions.

  • Market Insider: Thursday Look Ahead Wednesday, 8 Oct 2008 | 7:05 PM ET

    Watch for more triple-digit market moves Thursday. Stocks could just as easily be up as down if you look at Wednesday's action. Even after major central banks joined the Fed in an unprecedented global rate cut, stocks ended lower after a volatile 400 point swing in the Dow.

  • Today's Top Videos: Rate Cuts, US Dollar & More... Wednesday, 8 Oct 2008 | 7:02 PM ET

    Central banks around the world, including the Federal Reserve, reduced rates to help relieve the global economy and stem the financial crisis, while stocks ends lower for the sixth consecutive trading session. Following are today's top videos:

  • US Likely to Have Already Entered Recession: Zell Wednesday, 8 Oct 2008 | 5:48 PM ET

    The U.S. is likely to have gone into a recession in the last couple of weeks, said Sam Zell, chairman of Equity Group Investments, on CNBC.

  • Why Stock Traders Are Fixed On Bond Market Wednesday, 8 Oct 2008 | 2:46 PM ET

    Four observations: 1) Markets rallied midday on comments from Mr. Trichet in Europe-he said they would "take appropriate decisions at any time." Traders interpret this to mean that Mr. Trichet is now clearly in the rate cut camp, and to providing "unlimited" liquidity.

  • Investors Get a Rate Cut, But Wonder What's Next Wednesday, 8 Oct 2008 | 2:44 PM ET

    A round of coordinated interest rate cuts failed to calm global stock markets, fueling speculation that governments will have to do even more to tackle the credit crisis.

  • What the Pros Say: Will Rate Cuts Work? Wednesday, 8 Oct 2008 | 9:50 AM ET

    The Federal Reserve led a global interest rate cut Wednesday along with the central banks of the UK, European Union, Switzerland, Sweden, and Canada.

  • Federal Reserve, Other Central Banks Cut Interest Rates Wednesday, 8 Oct 2008 | 9:36 AM ET

    Central banks around the world Wednesday cut interest rates amid mounting losses in financial markets, as the credit crunch continued to seize up lending.

  • What the Pros Say: Is Anywhere Safe? Wednesday, 8 Oct 2008 | 8:50 AM ET

    Stock markets around the world continued to tumble. As investors bail out of stocks, where can investors look for more safety?

  • Market Insider: Keep Your Seat Belts On Tuesday, 7 Oct 2008 | 11:44 PM ET

    No buyers showed up on Wall Street this week. It sounds like a simplistic excuse, but traders say they don't see real buyers, and that's why the stock market spirals lower and lower.

  • Today's Top Videos: Bernanke, Hedge Funds & More... Tuesday, 7 Oct 2008 | 8:45 PM ET

    The first deputy managing director of the IMF says that several advanced economies are close to a mild recession, while an economist predicts that over a 1000 hedge funds will close this year. Following are today's top videos:

  • The Depression Of 2009? Tuesday, 7 Oct 2008 | 6:35 PM ET

    Unfortunately, it might not be as far-fetched as is sounds.

  • This Is Not the Great Depression II Tuesday, 7 Oct 2008 | 5:14 PM ET

    But that doesn't mean you can't learn some important lessons from the past. Carmen explains some simple truths to remember in this madness.

  • Several Economies 'Close to Mild Recession': IMF Tuesday, 7 Oct 2008 | 2:54 PM ET

    John Lipsky, first deputy managing director of the International Monetary Fund, told CNBC that advanced economies are “either in, or very close to a mild recession.”

  • Text: FOMC Minutes Tuesday, 7 Oct 2008 | 2:11 PM ET
    The Federal Reserve headquarters in Washington, DC.

    Below are the minutes released by the Federal Open Market Committee after its Sept. 16 meeting on interest rate policy:

  • Pros Ands Cons For A Rate Cut Tuesday, 7 Oct 2008 | 1:25 PM ET

    Cries for a rate cuts from central banks across the world are growing, but the arguments against such a move aren't going away.

  • What the Pros Say: Coordinated Cuts Coming Tuesday, 7 Oct 2008 | 8:40 AM ET

    Australia's Central Bank stunned the markets by cutting interest rates by a full-point to 6 percent Tuesday, a reduction that was twice as big as economists predicted and the bank's biggest cut in 16 years.

  • EU Won't Manage Unified Banking Plan Tuesday, 7 Oct 2008 | 4:26 AM ET

    The European Union will not respond with a U.S.-style bailout package to the current crisis but it will probably decide to guarantee all private deposits in banks across its territory to boost citizens' confidence in financial institutions, analysts told CNBC on Tuesday.

  • Investing 101: Where to Put Your Money Right Now Monday, 6 Oct 2008 | 10:31 PM ET

    Don't get spooked out of this market, Joe Terranova says. Here's how to weather the storm.

Contact World Economy


    Get the best of CNBC in your inbox

    › Learn More

Most Popular Video

Wednesday, 16 Apr 2014 | 12:00 AM ET

GM unveils new models, hopes for strong sales this year After massive recalls, General Motors is pushing forward with new car models unveiled at the 2014 New York International Auto Show. CNBC's Phil LeBeau explains.

Friday, 11 Apr 2014 | 7:23 AM ET

Former Fed Chairman Ben Bernanke challenges Raghuram Rajan, Reserve Bank of India governor on his views about monetary policies, reports CNBC's Michelle Caruso-Cabrera.

Tuesday, 15 Apr 2014 | 5:40 PM ET

Jonathan Geller, BGR president and editor-in-chief, weighs in on the specifications for Amazon's newly announced 3-D smartphone.