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Even if the European Central Bank holds rates on Thursday the euro's supremacy on the currency markets is close to an end, analysts said on Wednesday.
Although attention is focused on the petroleum industry as Hurricane Gustav takes aim at the Gulf Coast, billions of dollars are at stake in other economic sectors: New Orleans' trademark tourism industry, the shipping business, sugar harvesting -- and even such niche products as red-hot Tabasco sauce.
The head of the European Central Bank should be running the Federal Reserve because he is doing a better job at protecting his economy, investor Jim Rogers, CEO of Rogers Holdings, told "Squawk Box Europe" on Friday.
Thunder rolled across Las Vegas in a sudden downpour Monday, a literal representation of the perfect storm that has rocked Sin City.
Below is the minutes released by the Federal Open Market Committee after its July 24 meeting on interest rate policy:
Most Fed officials thought interest rates weren't too low at the August meeting, but they also expected their next move would be to boost rates, minutes show.
As U.S. Fed chiefs met in Jackson Hole, Wyoming to discuss ways of preventing another credit crisis, CNBC's Steve Liesman asked top economic minds for their insight on the government's actions.
Federal Chairman Ben Bernanke indicated the Fed should be able to keep interest rates low for some time, as the recent drop in commodity prices should reduce the threat of inflation.
The market will be eagerly waiting to hear about jobless claims on Thursday when the government releases its weekly report. Will we get a surprise like we did last week?
Also, making a plan for paying off student loans.
Looking to make more money? Check out the 15 highest-paying jobs in America, ranked by their national average.
The world's No.1 staffing agency Adecco said on Friday it will continue to pursue British recruitment company Michael Page which has twice rejected bid offers worth 400 pence (748.9 cents) a share.
Merrill Lynch, reeling from billions of dollars of writedowns, has frozen hiring until year end, according to a memo sent to employees.
The number of U.S. workers filing new claims for jobless benefits fell by 10,000 last week but remained at levels that show labor markets under severe strain.
Costlier energy and food helped push July prices up, but oil prices have begun to decline and analysts hope that the worst might be over.
If money is tight, here are some ways bring in a little extra that you may not have considered.
The Bank of England signalled today that interest rates in the UK will remain on hold for the coming two years if it is to bring inflation back to target even though the economy will be teetering on the edge of recession.
The U.S. economy may yet slip into recession, but inflation is an even bigger risk given the "exceptionally'' stimulative stance of monetary policy, Richmond Federal Reserve President Jeffrey Lacker said Tuesday.
U.S. small businesses spirits faded in July as owners reined in plans to create jobs and for capital spending, according to a survey released Tuesday.
Oil inflicts heavy economic pain on the way up, but a slower and smaller benefit on the way down.