HSBC Drags Europe to Weak Close
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In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
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CNBC's Bertha Coombs says negative economic data from Europe put pressure on commodities overall. Prices at the pump are 12 cents below where they were a year ago.
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Hon. Bob Goodlatte, (R-VA) and chairman on the House Committee on the Judiciary, questions Attorney General Eric Holder about the DOJ obtaining journalists' records.
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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.
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European finance ministers told CNBC Britain should recognize the benefits it receives as a result of being part of the 27-member EU bloc.
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Anders Borg the Swedish Finance Minister, tells CNBC that they are going to start negotiations with Switzerland and Lichtenstein and others based on anti-tax haven legislation.
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CNBC's Ross Westgate tells you what the markets will be watching as we approach the start of trading in the U.S.
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Nigel Farage, leader of the UK Independence Party (UKIP), tells CNBC's Steve Sedgwick that David Cameron needs to have a proper, sincere negotiation about getting powers back from the EU.
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As disagreement grows over whether a system to wind up Europe's failing banks - a central tenet to region-wide banking union – requires treaty change, France's finance minister told CNBC that Europe should let its lawyers work it out.
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CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was lower on the day, while gold dipped and came back later in the day.
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President Obama and British Prime Minister David Cameron hold a press conference at the White House today where the two world leaders lay out an economic agenda for the G8 Summit; discuss the importance of a joint commitment for continued global security; and address the challenges facing economic global needs.
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President Obama is meeting with British Prime Minister David Cameron today at the White House, reports CNBC's John Harwood.
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Claudine Fry, South Asia senior analyst at Control Risks, tells CNBC Nawaz Sharif faces serious challenges, particularly the electricity crisis, after winning the election in Pakistan over the weekend.
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Jing Ulrich, managing director and chairman of global markets China at JP Morgan, tells CNBC that they are seeing the emergence of a two speed economy in China, with heavy industry not doing so well but services taking off.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders appear more enamored with stocks than commodities, she says. Record crude supplies are pressuring prices downward. And gold is still under pressure.
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South Africa's Minister of Finance, Pravin Gordhan, has accused the UK of trying to "pass the buck entirely onto the South African side" following the fallout from the UK government's withdrawal of aid.
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Despite an Italian court ruling that Italy's former prime minister Silvio Berlusconi should go to prison, the leader of the center-right bloc could once again dodge Italy's legal system.
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CNBC's Courtney Reagan discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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Recently published health care figures from the federal government confirm what health advocates have been screaming about for years: charges vary enormously, NBC News reports.
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Gov. Rick Scott (R-Fla.) told CNBC he hopes for a five times return in five years for the $19 million of incentives given to Hertz to relocate its headquarters from New Jersey.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Tomorrow, traders will be watching U.S. oil inventories as well as China trade data.
