Massachusetts Governor Deval Patrick talks about his trade mission in Asia, and the need to connect with the region.» Read More
"The market is naturally impatient whereas politicians look at the longer term and they have to coordinate with everybody else, so that makes matters terribly complicated," Mikio Kumada, executive director at LGT Capital Management told CNBC. "The major big adjustment is that all the developed economies have too much debt and overvalued currencies," he added.
The economy is in big trouble, and the world’s central banks may be running out of ways of turning it around, according to Carl Weinberg, chief economist at High Frequency Economics.
The US is likely to see its debt downgraded by the credit rating agencies, despite the passage of a bill to raise the country's debt ceiling on Monday, analysts told CNBC.
The bear market is on its way back, economist and contrarian investor Marc Faber, the editor and publisher of The Gloom Boom & Doom Report told CNBC Tuesday.
Dealing with the European debt contagion and the problems faced by the banks, including Commerzbank and Unicredit Group, with Ron Insana, CNBC contributor, and David Doll, Sequent Asset Management.
Fitch's triple-A rating on U.S. debt is safe—for now—but that could change if "fundamental weakness" in the economy isn't addressed, Fitch's head of sovereign ratings said on CNBC.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
The debt ceiling debacle and the latest Greek bailout deal are almost behind us, but euro and dollar investors still aren't happy.
The U.S. Senate on Tuesday approved a last-minute deal to raise the U.S. borrowing limit to avert a catastrophic debt default by the world's largest economy.
The dollar will face months of weakness in the run up to the U.S elections next year, David Bloom, global head of foreign exchange strategy, HSBC told CNBC Tuesday
South Korea diversifies reserves away from the dollar, and Australia's central bank stays pat — it's time for your FX Fix.
As jittery markets pushed the euro below the 1.10 level against the Swiss franc for the first time ever on Tuesday, the headache for the Swiss National Bank (SNB) over its limited options to fight the strong franc is turning into a chronic migraine.
The current low rate of GDP (gross domestic product) growth in the United States indicates that the world's largest economy is headed for another recession, according to Anthony Doyle, Director of Investment Specialists M&G Investments.
Rep. Paul Ryan (R-WI) says political leaders are taking a right turn on spending and up to now, the nation has not had the leadership on these issues from the right places.
States are keeping an eye on the debt limit debate to see how it will affect their own bottom lines, with Gov. Jack Markell, (D-DE) and David Walker, Comeback America Initiative founder/president/CEO.
So markets finally have a deal on the US debt ceiling, and it has been passed by the House of Representatives, but was all the fighting over how to cut spending really worth it?
Amid signs that the European debt crisis -- which already has seen Greece, Ireland and Portugal seek aid from the European Union and International Monetary Fund -- is now spreading to Italy, analysts at Goldman Sachs are predicting that while painful, debt consolidation will succeed as soaring borrowing costs force governments to act.
As the world waited for news on whether the House would pass the debt ceiling deal on Monday, stocks in Italy came under heavy pressure with the country's banks again seeing heavy losses.
Parag Khanna, Senior Fellow at New America Foundation gives his outlook on the Middle East.