CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A stronger dollar put downward pressure on oil, and nat gas was down even with the winter temperatures dropping.» Read More
Democrats scored an upset in one of New York’s most conservative Congressional districts on Tuesday, dealing a blow to the national Republican Party in a race that largely turned on the party’s plan to overhaul Medicare. The New York Times reports.
Did the Dodd-Frank regulations put the U.S. financial system at a competitive disadvantage? Weighing in on the implications with Bart Chilton, Commodities Futures Trading Commission (CFTC).
Ireland’s economy will take longer to recover from its current slump than from the recession of the 1980s, John Bruton, former Prime Minister of Ireland and European Union Ambassador to the US, told CNBC.com on Wednesday.
A Democrat wins a closely watched Congressional race in upstate New York, reports CNBC's John Harwood.
Greece should receive another tranche of aid from the European Union to enable it to have a second chance and restructure later, according to an analyst.
For years America has warned, lectured and cajoled the Chinese to allow the yuan to rise in a bid to end the fiscal imbalances that have seen more and more US debt sit in the People’s Bank of China's vaults.
The lack of world peace affects the economy by trapping productivity and removing vital resources, according to an international research institute which also put the cost of global violence at $8.1 trillion last year.
Greece will not have a snap election, the office of the Greek Prime Minister told CNBC Wednesday in response to market speculation that affected the euro late Tuesday.
The Greek government is unsurprisingly unable to find consensus on new, even stronger austerity measures aimed meeting the terms of its bailout by the European Union and the International Monetary Fund.
European leaders are pushing to impose measures that would ensure the Greek government lives up to its promise to deliver €50 billion ($70 billion) in privatization proceeds, amid skepticism that Athens can carry out the sell-offs reports the FT.
The war of words between Republicans and Elizabeth Warren should escalate later Tuesday when the special adviser running the Consumer Financial Protection Bureau testifies before a House subcommittee. Rep. Patrick McHenry, R-N.C., chairman of the Oversight Committee's subcommittee on TARP, told CNBC Tuesday the bureau has been operating without oversight as Warren, claiming to be only an adviser, extends her role behind the scenes.
President Obama’s gyroscopic legislative endeavors helped the nation survive the worst financial crisis since the 1930’s. It would have been unfathomable to risk America’s image of economic invincibility and allow the free markets to punish bad behavior. Instead, the Federal Reserve printed money to inflate the stock market and promote economic growth, all courtesy of a low interest rate environment. Now Congress is faced with yet another debt ceiling, and sure enough, they’re scrambling for the next fiscal stunt.
Former Speaker of the House, Newt Gingrich, calls himself the "people's candidate." But what will he bring to the business community if elected President?
It has almost been two years since US President Barack Obama took the stage at Cairo University, reaching out to a mesmerized audience and seeking "a new beginning between the United States and Muslims around the world".
Another volcanic ash cloud threatening European airspace, a threat to downgrade Belgium's credit rating and Moody's warning that it could cut UK banks' credit ratings did not make for pretty reading for investors Tuesday.
Financial repression is a term that has been making headlines recently. Associated with default via forced lending to governments, low rates, cross border capital controls and high inflation, financial repression allows the indebted to lower the cost of their debt at the expense of creditors.
CNBC's John Harwood has the story of who's in and who's out among the growing list of GOP presidential hopefuls. Those out include; Haley Barbour, Mitch Daniels, and Chris Christie. Those still in the running include; Mitt Romney, Tim Pawlenty, and Rick Santorum.
The European Union has extended a blacklist of individuals and companies with links to Iran’s nuclear and ballistic missile programs as it looks to clamp down on investment and technology transfer into the country.
The CEO of Europe's largest insurer by gross premiums and market capitalization has called for more aid for Greece and a plan to help the country's growth, according to German media reports.
French Finance Minister Christine Lagarde is the clear favorite to replace Dominique Strauss-Khan as the next boss of the International Monetary Fund.