Former U.S. House Speaker Dennis Hastert is in trouble for alleged hush money withdrawals and lying to the FBI, reports CNBC's Eamon Javers.» Read More
Default fears persist, Swiss economic outlook lists, Chilean peso lifts. Time for your FX Fix.
The U.S. Congress will not wait for the country's debt crisis to reach the levels of Southern Europe, David Schweikert, a republican congressman and part of the bipartisan commission on budget told CNBC on Tuesday.
Bank chiefs’ average pay in the US and Europe leapt 36 percent last year to $9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector.
British finance minister George Osborne will use a major speech on Wednesday to throw his weight behind recommendations that banks' retail arms should be ring-fenced from their investment banking operations.
Indonesia's rupiah is on a roll and high frequency traders are on the prowl. Time for your FX Fix.
Stanley Fischer's candidacy for managing director of the International Monetary Fund was dismissed on grounds of age Monday, as the 67 year old is two years above the threshold of 65 demanded for the job.
Goldman Sachs gave a paid internship to a top Libyan official’s relative while the bank was carrying out lossmaking trades on behalf of the country’s sovereign wealth fund, the Financial Times has learnt.
The bickering continues in Europe as a critical deadline looms for Greece — but you wouldn't know it from watching the euro against the dollar.
The United States lacks a "fundamental strategy" for being the "most innovative, the most productive, the most competitive country on Earth," former General Electric chairman Jack Welch told CNBC Monday.
In the race to become head of the International Monetary Fund, nationality is one of many factors that can help or hinder individuals, but few candidacies have the potential to be as charged as that of the Bank of Israel chief, Stanley Fischer.
As Chairman of the House Committee on Small Business, I am particularly focused on ways to increase small company access to capital and bridge the gap between lenders and borrowers.
For America to return to better days we have to start by thinking better of ourselves and hold ourselves to a higher standard.
Recep Tayyip Erdogan's AKP won a comfortable majority in the Turkish elections, but the Prime Minister's desire to change the constitution could distract the new government from managing an overheating economy, analysts told CNBC.com.
Pentecost, from the Ancient Greek pentếkosta, meaning fiftieth, is the Christian holiday celebrating the Holy Spirit descending on the Apostles fifty days after Easter.
Following the Federal Reserve’s decision to throw two football fields worth of dollars at the US economy all that has been achieved is a fall in unemployment from 10 percent to 9.1 percent, according to Philippe Gijsels, the head of research at BNP Paribas Fortis Global Markets.
In order for a deal on Greece to be agreed, Germany dropped its demand for restructuring of Greek debt and some pain for private bond holders.
Former Minnesota governor Tim Pawlenty turned out a blockbuster economic-growth plan this past week, including deep cuts in taxes, spending, and regulations. It’s really the first Reaganesque supply-side growth plan from any of the GOP presidential contenders. And he caps it all off with a defense of optimism as he charges ahead with a national economic growth goal of 5 percent.
Ever since the financial crisis of 2008 it feels as if markets are never that far away from another bad news story.
To spend or not to spend. That is the question dominating the thoughts of economists and politicians across the world as the impact of austerity, or lack of it, on growth rates slowly becomes apparent.
The German parliament voted in favor of a resolution on Friday from the ruling coalition parties to back additional aid for Greece.