LAUNCESTON, Australia, Sept 15- The pressing problem for some resource-rich countries isn't that prices for commodities have dropped sharply, it's that their currencies haven't dropped in tandem.» Read More
There has been "clear improvement" in the economic situation in Europe over the past year, European Central Bank policymaker Ewald Nowotny told CNBC.
Ireland deserves the mantle of the euro zone's poster child for its remarkable economic recovery via austerity, CEOs told CNBC at the Irish Business and Employers Confederation.
The European Central Bank is not about to remove the crisis measures it deployed to help the ailing euro zone economy, the central bank's chief said on Wednesday.
Meat plants could be idled if a mass layoff of USDA food inspectors actually goes through due to sequester cuts.
While politicians in Washington fan the flames of economic doom from Friday's sequester, they've apparently failed to light a fire under many Americans. Here's why.
The financial markets have been paying too much attention to the minority views in the Fed minutes for the past two months, former New York Fed's Dino Kos told CNBC.
Applications for U.S. home mortgages sagged for a third straight week last week, even as mortgage rates eased slightly, an industry group survey showed on Wednesday.
Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, saying that the bank sees little risk of higher inflation in the near term.
Hundreds of thousands of workers at firms with government contracts are expected to be laid off because of sequestration. But picking who stays and who goes could be complicated and costly.
U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, while a separate report showed that consumer confidence picked up much more strongly than expected in February.
Former Clinton Treasury Secretary Lawrence Summers argued on CNBC for a "balanced approach" because President Barack Obama has agreed to more spending cuts.
Japan's government is likely to nominate Asian Development Bank President Haruhiko Kuroda, an advocate of aggressive monetary easing.
Some tax loopholes and deductions are under immediate scrutiny in efforts to cut the deficit and raise revenues. But questions remain on whether closing or reducing deductions will raise revenues and make the tax code fairer.
The American middle class is "hollowing out" as the U.S. economy fails to compete effectively in a globalized world, Harvard economist Michael Porter told CNBC.
Change is in the air as Italy goes to the polls, but that change could also throw up a nasty surprise for the euro zone.
Metropolitan areas in Texas saw the fastest economic growth as the recovery took hold in 2011, according to federal data released Friday.
"It's going to look more like the rounding error in GDP," says one economist. "I think there is a lot more noise than light being shed on the sequester."
Long lines at the airport, food scarcities and a rise in identity theft are just some of the disasters awaiting Americans if sequestration goes through.
Pimco Founder Bill Gross called out the Federal Reserve on its vigilance in three major areas, during a CNBC interview.
Despite an increasingly large Fed balance sheet, a top official at the central bank said the fear of losing money should not stop it from providing aggressive support to the U.S. economy now.
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