GO
Loading...

World Economy

More

  • US Dollar Holds Gains After Jump on Oil's Slide Thursday, 20 Mar 2008 | 9:14 PM ET
    Dollar Bill

    The U.S. dollar inched lower against the euro on Friday but held on to much of the gains it made the previous day when investors sold commodities including oil and gold and repatriated cash back into the dollar.

  • Asian Stocks Rise, Japan and South Korea Gain Over 1% Thursday, 20 Mar 2008 | 8:19 PM ET

    Asian stocks were mostly stronger this Good Friday, following gains on Wall Street. Japan and South Korea both finished over 1% higher. Markets in Australia, Hong Kong, India, Indonesia and Singapore are closed for the Good Friday holiday.

  • The 'Peak Oil' Theory: Will Oil Reserves Run Dry? Thursday, 20 Mar 2008 | 6:27 PM ET
    Matt Simmons

    The concept of "peak oil" could  be thrown out the window if vast offshore and unconventional sources can be developed. Two experts weigh in on the subject.

  • Dollar Gains vs. Euro After Commodities Sell-Off Thursday, 20 Mar 2008 | 5:37 PM ET
    Dollar Bill

    The dollar made its biggest gain since mid-December against the euro Thursday as investors sold oil, gold and other commodities and repatriated their cash back into the beleaguered U.S. currency.

  • Oil Declines to Below $102 on Economy Worries Thursday, 20 Mar 2008 | 4:05 PM ET
    Oil Refinery in California

    Oil futures extended their declines Thursday as concerns about the economy and demand for oil grew and the dollar strengthened.

  • Why Not Optimism? Thursday, 20 Mar 2008 | 1:07 PM ET

    What exactly is wrong with an optimistic president who has confidence in the long-run future of the American economy? President Bush took this stance in a recent interview with me and at the Economic Club of New York. He told me, “Like any free market, there’s also downturns, and we’re in one. But I am confident in the long-term strength of our economy.”

  • Commodity Market's Roiling Riptides Of Prices Thursday, 20 Mar 2008 | 8:50 AM ET

    The slick slide for oil, gold and other commodities over the past 24 hours has been as dramatic as the mercurial rise to record heights. With oil below $100, the next leg down could be a steep one. Looking back to the lows of this year, many traders point to technical charts that indicate oil prices could return to the February lows in the mid-$80 range.

  • Asian Markets Seesaw, China Swings Wildly Thursday, 20 Mar 2008 | 5:41 AM ET

    Asian stocks bounced around in the afternoon session Thursday, with Chinese markets oscillating wildly, losing as much as 6.5% at one point, but swinging back into the black, now trading over 2% higher.

  • China Retains Income Tax Break for Funds Wednesday, 19 Mar 2008 | 11:20 PM ET
    China, Chinese Flag

    China has issued a reminder that mutual funds are exempted from corporate tax in order to encourage development of the investment sector.

  • Can FedEx deliver? Wednesday, 19 Mar 2008 | 5:27 PM ET

    Nike delivered great earnings after the bell Wednesday. Can FedEx join Nike and dodge the bullets of higher fuel costs and a weakening U.S. economy?

  • The Diesel Dilemma: Why It's Getting More Expensive Wednesday, 19 Mar 2008 | 4:54 PM ET

    This post is from CNBC energy producer, Judy Gee. Record crude oil prices and talks of $4 gasoline aside, there's a quieter, more subtle dilemma lurking in diesel. Record pump values for diesel surfaced on February 21 and prices have hit daily records ever since. Gone are the days when diesel was cheaper than gasoline.

  • Run-up to Nike Earnings Wednesday, 19 Mar 2008 | 2:36 PM ET
    Nike

    Enough with the brokerage earnings. This afternoon, Nike tells us how the sporting goods biz is doing.

  • Oil Sees Biggest One-Day Dollar Drop in 17 Years Wednesday, 19 Mar 2008 | 2:02 PM ET
    An oil refinery in Elizabeth, N.J. is shown in this aerial photo of Wednesday, Aug. 29, 2007. Oil prices extended their rise above $78 a barrel Wednesday, Sept. 12, 2007 after finishing at a record close the previous session as a production increase from OPEC failed to calm market concerns about the availability of supplies for winter in the Northern Hemisphere. (AP Photo/Mark Lennihan)

    Crude prices fell 4.5 percent Wednesday on concerns that a big U.S.-led economic slowdown could further undermine global energy demand. The decline of $4.94 per barrel marked oil's biggest one-day drop in more than 17 years.

  • Dollar Briefly Reverses Losses vs. Euro Wednesday, 19 Mar 2008 | 12:51 PM ET

    The dollar briefly reversed losses against the euro on Wednesday in volatile trading, drawing support from losses in gold futures.

  • As Interest Rates Decline, Bernanke's Stock Goes Up Wednesday, 19 Mar 2008 | 11:43 AM ET
    Ben Bernanke, President Bush's top economic adviser, speaks in the Oval Office at the White House after Bush named him to take over the Federal Reserve from retiring Alan Greenspan, in Washington, Monday, Oct. 24, 2005. It was the third time in as many years the president has turned to the 51-year-old Bernanke for a sensitive post. Bush named him to the Fed board in 2002, then made him chairman of the president's Council of Economic Advisers earlier this year. (AP Photo/J. Scott Applewhite)

    Fed Chairman Ben Bernanke’s stock is at a 52-week high on Wall Street --- with the exception perhaps of Bear Stearns, which appears to be selling him short.

  • Can’t Grasp Credit Crisis? Join the Club Wednesday, 19 Mar 2008 | 7:16 AM ET

    The overwhelming majority of homeowners are doing just fine. So how is it that a mess concentrated in one part of the mortgage business — subprime loans — has frozen the credit markets?

  • Japan's Upper House Vetoes BOJ Nominee Again Wednesday, 19 Mar 2008 | 6:51 AM ET

    The Japanese central bank was placed in the hands of a temporary governor when Toshihiko Fukui retires in a few hours, after the latest candidate to replace him was rejected by the upper house of parliament.

  • Asian Markets Rally, Australia Leaps 4% Wednesday, 19 Mar 2008 | 6:16 AM ET

    Asian markets rallied on Wednesday as investors took a shine to the U.S. Federal Reserve's interest rate cut. Australia had a spectacular session, finishing 4% higher. Japan and South Korea both ended over 2% higher.

  • BoE Voted 7-2 for Steady Rates in March Wednesday, 19 Mar 2008 | 5:42 AM ET

    Two of the nine Bank of England policymakers opposed this month's decision to keep interest  rates at 5.25 percent, preferring an immediate quarter-point cut to shore up the economy in the face of a global downturn.

  • Morgan Stanley: Betting on Good Earnings Tuesday, 18 Mar 2008 | 4:27 PM ET
    Morgan Stanley

    Morgan Stanley shares shot up 18% Tuesday, so why care about the brokerage's earnings report Wednesday morning? Cmon, there's always something to worry about.

Contact World Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Most Popular Video

Wednesday, 16 Apr 2014 | 12:25 PM ET

CNBC's Steve Liesman provides insight into the highlights of Fed Chair Janet Yellen's comments at The Economic Club of New York.

Wednesday, 16 Apr 2014 | 12:15 PM ET

Josh Spencer, T. Rowe Price portfolio manager, encourages investors to get some guts and buy into growth stocks like Tesla and Amazon. He shares his opinions on some of the old tech names.

Wednesday, 16 Apr 2014 | 10:01 AM ET

Discussing how to buy in volatile market conditions and the investment banking market, David Katz, Matrix Asset Advisors CIO, and Charles Bobrinskoy, Ariel Investments vice chairman & portfolio manager.