Russian stocks hit a four and a half year low ahead of this weekend's pivotal referendum in Crimea to split off from Ukraine, NBC's Ian Williams reports the latest developments on the crisis.» Read More
Singapore dollars get snapped up and European officials underwhelm - it's time for your FX Fix.
“People want the best information that we have right now. But people need to understand that the best information that we have right now isn’t necessarily very informative,” says one economics professor, the New York Times reports.
As stock markets in Europe faltered Wednesday after Tuesday's meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy failed to reassure, some investors told CNBC that they are starting to become bullish after recent market falls.
"I think the markets will test the resolve of the Euro zone politicians. It is a game of cat and mouse, and unless the markets push the politicians, they do not do anything. I think we are going to enter our third wave of selling," Chris Watling, chief executive at Longview Economics, told CNBC.
Opposing lawyers disputed the meaning of a medical report that said "rape" caused injuries sustained by the woman who has accused former IMF chief Dominique Strauss-Kahn of sexual assault.
If you think London or New York are among the world's most expensive cities, keep guessing and get your checkbooks out (that is if you are travelling to one of the cities that take the top spot).
"Everything (Merkel and Sarkozy) talked about has been in place since 1999. This is a play for the gallery to buy more time," Steen Jakobsen, chief investment officer at Saxo Bank, told CNBC in a discussion on the meeting between the French and German leaders on Tuesday.
"It has been only Germany in the driving seat for a long time. Now it seems as if the balance of power is shifting a little bit towards the rest of the European countries," John Hydeskov, senior analyst at Danske Bank, told CNBC.
Republican Presidential hopeful Rep. Ron Paul (R-TX) weighs in on Governor Rick Perry's comments on Fed chief Ben Bernanke and his campaign plans.
CNBC's Eamon Javers has the details on Governor Rick Perry calling the Fed head almost "treasonous," and insight on what's behind Perry's comments, with Dinesh D'Souza, former Reagan policy analyst; E.J Dionne, Washington Post, and Andy Card, forr White House chief of staff.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
The Swiss franc is sliding on worries it will be pegged to the euro. But whether a peg is really feasible is unclear.
Stocks are poised to open sharply lower on worries over Europe's debt crisis, with the "Squawk on the Street" team.
German growth disappoints, British inflation rolls on, and Sarkozy and Merkel are set to meet - time for your FX Fix.
Minnesota Congresswoman and GOP Presidential candidate Michele Bachmann offers her opinion on Warren Buffett's suggestion that billionaires and millionaires should pay more taxes.
Food inflation may have been an abstract concept for Italian senators up until last week – that is, before the public got hold of a copy of the Senate restaurant menu that has reignited the debate over parliamentary perks.
"If the markets believe progress is being made, they will give you enough time to do make changes. But at the moment you have got this divide between politicians, you have not got a consistent message," Charles Diebel, head of market strategy at Lloyds Bank Corporate Markets, told CNBC.
"There are large companies that are reducing the head count or announcing job cuts," Albert Ellis, CEO at Harvey Nash, told CNBC. " What they're not doing is really explain the pace of technological change plus the fact that the emphasis is moving from the West to the East ."
"What we see is a soft patch and double dip recession risk three months down the line," Beat Wittmann, CEO of Dynapartners, told CNBC. "The markets are discounting this soft patch, but it could get worse¿ depending on political decisions and whether companies are investing into expansion and whether consumers are spending," he said.
Discussing whether the GOP is re-energized by Texas Governor Rick Perry, with CNBC's John Harwood; James Pethokoukis, Reuters Breakingviews; Tony Fratto, Hamilton Place Strategies; and Barry Nolan, former Joint Economic Committee.