It is wrong to call the Export-Import Bank a subsidy for US business, says the chief economist for the National Association of Manufacturers.» Read More
The managing director of the IMF, Dominique Strauss-Kahn, was taken off an Air France plane in New York on Saturday and arrested in the sexual attack of a maid at a Midtown Manhattan hotel, the authorities told the NY Times.
It's been a rough week for the euro, and there's more in store, these traders say.
Rising volatility in stocks and commodities could continue to be a dominant theme in the week ahead, as investors watch the latest U.S. economic reports for signs the recovery is moving forward.
Following the sharp debate in markets about whether we are on the verge of a pickup in inflation or if the recent decline in commodity prices means we are out of the inflation woods, with CNBC's Steve Liesman & Randy Kroszner, former Federal Reserve Governor/University of Chicago Booth School of Business.
European leaders can't seem to agree on how - or whether - to help Greece. But they sure aren't helping the euro.
Risk is off, debt worries are on, and the dollar is in again - time for your FX Fix.
The debt crisis facing the developed world is big and will take a generation to resolve, Angel Gurria, Secretary General of the OECD, told CNBC Thursday.
Europe’s recovery is on track, but reform of the financial services sector and strong policy action to improve the fiscal health of EU member states is needed in order to prevent future crises, the International Monetary Fund has said.
Looking at an under the radar way to play the action in Greece, with Andrew Busch, BMO Capital Markets/Money in Motion currency trader.
The Bank of England raised its medium-term inflation forecast to just under 2 percent in its May inflation report, potentially paving the way for a November rate rise.
Britain's economy is unlikely to grow as fast as before the financial crisis because its most productive sectors have been hardest hit, jeopardising government plans to cut the deficit, reports the FT.
Europe should help countries that are in trouble but these countries need to show that they are tackling their deficit problems themselves, like Britain has done, UK Chancellor of the Exchequer George Osborne told CNBC in an interview Tuesday.
Greece on Tuesday denied a Dow Jones report that it expects a new aid package of nearly 60 billion euros ($85.71 billion) to deal with its debt crisis.
CNBC's Steve Liesman has the story on Euro Zone officials looking at changes to Greece's bailout program.
Jean Claude Trichet says the European Central Bank wants to remain flexible. Let us hope his flock of hawks and doves means this, because the next few months are going to be a bumpy ride.
Nouriel Roubini has ruled out anyone leaving the euro zone within the next one or two years but believes that could all change over the next five years, in comments to the Independed.
Talk of Greece wanting to leave the euro continues to cause nervousness in the markets. But one economist told CNBC why such an idea is “plainly ridiculous.”
Ireland’s new prime minister Enda Kenny has thanked both German Chancellor Angela Merkel and European Central Bank President Jean-Claude Trichet for their backing of the Irish people through the recent financial crisis.
Economic growth is not taking hold and current policy is insufficient, Moorad Choudhry, Head of Business Treasury, Global Banking & Markets at the Royal Bank of Scotland writes.