CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another volatile day for commodities, as oil was down on the day. Nat gas got hammered again today, down another 2 percent. And gold was down, as well.» Read More
It would appear that capitalism has a developed a terrible dependency issue, turning hostile and violent when there’s nothing left in the punch bowl. Unfortunately, new fears of a double dip recession have emerged, the caked residue of weak economic growth and a soft job market. On the heels of a 30-year spending spree and the party of our lifetime, we find ourselves searching for our equilibrium once again.
George Soros is warning the euro zone debt crisis could be worse than the Lehman crisis but stocks across Europe are sharply higher this morning following news from Athens and Rome on how they plan to tackle their budget deficits.
The current market volatility and uncertainty has made finding what to buy even more difficult, Pedro De Noronha, managing partner at Noster Capital, told CNBC.com Wednesday.
US's recovery will be lead by the manufacturing sector, Buddy Roemer, former governor of the state of Louisiana and Republican presidential candidate, told CNBC.
With his approval ratings on the floor, President Barack Obama will on Thursday unveil an eagerly awaited speech on job creation that will define the 2012 battle for the White House.
The Swiss central bank's decision to set a limit on how much the Swiss franc can appreciate against the euro is "a huge mistake," investor Jim Rogers, chairman of Rogers Holdings, told CNBC.com on Wednesday.
The financial services industry must be allowed to breathe in order to avoid a mass exodus out of London, Lord Levene, former chairman of Lloyd's of London, told CNBC.
George Osborne should drop the 50p top rate of income tax “at the earliest opportunity” to boost growth, according to 20 high-profile economists writing in the FT.
Former Massachusett's Governor, Mitt Romney details his new jobs and economic plan.
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.
As fall begins, the economy is a mess. Unemployment is at 9.1 percent. The U.S. economy failed to add jobs in August. Consumer confidence is at record lows. The housing market is in despair. Europe is imploding. And, our political leaders cannot seem to put their differences aside to create some certainty and progress.
"Post-9/11 surveillance measures have made it far too easy for the government to review our personal and business records, telephone and e-mail conversations, and virtually all aspects of our lives," the author and President of the ACLU explains in this guest blog why the Fourth Amendment is good for business and essential for democracy.
On Wednesday, investors will wait with bated breath for news from Germany again, where the Federal Constitutional Court has the power to make or break the fate of the euro zone.
"There is a lot of money sitting on the side line. Businesses can be good, but everybody [investors] is holding back, because they are worried," George Jarkesy, president of Jarkesy and Company, told CNBC.
The cost to Germany of leaving the euro could reach €8,000 for each adult and child in the country and spell disaster for the global economy, according to economists at UBS.
Europe is on the verge of recession and the US is already in a growth recession – an expression used by economists to show that growth is so slow that more jobs are lost than added, a strategist told CNBC Monday.
The exit of any of the countries in the euro region from the single currency would cause "complete chaos" in that country and is "almost inconceivable", Erik Nielsen, global chief economist at UniCredit, told CNBC Tuesday as the euro zone debt crisis continued to loom over European markets.
"The ECB may be doing limited [bond] buying at the margins, but it is not sending the right messages. The only voice of reason out there - I am a dove on this - is the IMF, which says the ECB needs not only to let up this hawkish severe austerity message, but to also provide a lot more support for Italy, and for the rest of the Euro Zone," Roman Scott, managing director of Calamander Capital, told CNBC.
Former German Chancellor Gerhard Schroeder told CNBC that his successor, Angela Merkel, should never have tolerated the Greece-bashing as the euro zone debt crisis unravelled.