CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up on the day, in spite of a big build. Here's why» Read More
After missteps addressing Congressional concerns, President Obama has articulated clearly the goals, means and duration of the U.S. military action in Libya. Critics may say he did not address those issues, but he did and the answers are not acceptable.
The aircraft carrier H.M.S. Ark Royal, taken out of service this year as part of government budget cuts, is being put up for sale online by the Ministry of Defense.
What do you do when the ugly get uglier and you are looking for a profit in the currency markets?
Like stocks, the euro has so far this year shrugged off the so-called wall of worry. Concerns that the likes of Greece, Ireland or Portugal could default have not led to euro losses.
In the months after Bill Clinton received the same kind of electoral drubbing meted out to Barack Obama in November, he used to measure his political standing by the number of Republicans getting ready to run against him, reports the Financial Times.
George Osborne’s Budget brought to the top of the political agenda the question of how Britain taxes its wealthiest people – and simultaneously exposed tensions in the coalition.
Portugal's central bank on Tuesday releases its projections for the country's economic outlook and investors are likely to watch closely for changes in the growth forecast, as the country has been plunged in a political crisis because of its austerity measures.
Angela Merkel, German chancellor, has blamed Japan’s nuclear crisis, triggered by this month’s earthquake, for the “very painful defeat” suffered by her ruling party in the state of Baden-Württemberg, the Financial Times reports.
Fresh reports of violent clashes and midnight raids taking place over the weekend did nothing to stifle a steady stream of traffic through Bahrain's financial district Monday, nor did the continued presence of foreign troops and tanks keep business from re-opening their doors.
Taxes will be increased on expensive houses, allowing the government to fulfill its longer-term promise to scrap the 50p income tax rate, Liberal Democrat Chief Nick Clegg told the Financial Times.
General Electric, the nation’s largest corporation, had a very good year in 2010. The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its American tax bill? None. In fact, G.E. claimed a tax benefit of $3.2 billion.
Reserves injected by the Bank of Japan and the European Central Bank are going to gold and equities, rather than being used for timber, steel and copper down the road. Dennis Gartman, The Gartman Letter, explains why it's happening.
Attempts by Germany to renegotiate the structure of the European Stability Mechanism (ESM) just as markets believed things had been settled at the meeting of euro zone leaders last week are an "ominous sign," Simon Derrick, the head of research at Bank of New York Mellon, wrote in a market note.
The euro does not have a stable basis even after the "Pact of the euro" agreed by leaders of the member states, Thomas Mayer, chief economist at Germany's biggest lender Deutsche Bank, told CNBC Thursday.
Austerity and political longevity are clearly not correlated, following the fall of another euro-zone government.
German Chancellor Angela Merkel has deeply strained relations with allies in the European Union and the NATO alliance, raising new questions about Germany’s ability to play a global role in foreign policy, the New York Times reports.
The bulls are set to stampede down Wall Street, according to Bill Miller, chairman, chief investment officer & portfolio manager, Legg Mason Capital Management.
A check on the Egyptian market, with John Gabriel, Morningstar EFT strategist.
There is no shortage of challenges facing the world today and many investors are frozen waiting for clarity in these times of uncertainty. The problem is, in all likelihood, the world will not settle down any time soon and we will surely continue to see geopolitical shifts and unrest plaguing the investment world. So what are investors to do?
The was weaker Wednesday morning on a trifecta of concerns. First, the expectation that Portugal's government will crumble after its parliament rejects an austerity budget raises the prospect the country will become the third in the euro zone to need a bailout.