A CNBC survey shows respondents now see the start of the Fed interest-rate hike in June 2015, up a month from the previous survey.» Read More
A group of 100 German academics, trade unionists and politicians is calling for a 30-hour working week with full pay, German daily Tageszeitung reported on Monday, with the petitioners arguing that a shorter working week is the best way to address rising unemployment.
With some 2,000 people still without power from Hurricane Sandy, the question for many is whether energy companies along the Northeast are better prepared for Nemo.
U.S. wholesale inventories unexpectedly fell in December as auto dealers and agricultural suppliers drew down their stocks, a negative signal for economic growth.
The Fed has the appropriate policies in place right now and will remain accommodative until the economy improves, Chicago Fed President Charles Evans told CNBC.
Olympic sprint champion Usain Bolt and other overseas athletes will be able to compete tax-free in this year's London Diamond League event at the Olympic Stadium after the British finance minister agreed to a "one-off" exemption.
The automatic across-the-board spending cut measure set to take effect next month is "terrible, terrible" piece of legislation, Robert Rubin, former Clinton Treasury Secretary, told CNBC.
The Bank of England kept its support for the economy steady on Thursday, voting to reinvest 6.6 billion pounds of bond holdings that mature in March and saying it would provide more stimulus if needed.
Mark Carney, the next governor of the Bank of England, said on Thursday any rethink of how British monetary policy is run should be made carefully but changes should be looked at over time.
As countries try to weaken their currencies to boost exports, the risk of a currency war similar to events seen in the 1930s has heightened, according to Morgan Stanley.
In 2011, Cyprus was the number-one destination for Russian money being sent abroad and the number-one direct investor in Russia, with more than $13bn in investments, according to Russia’s Central Bank, the Financial Times reports.
Long-term unemployed in the U.S are having an easier time finding jobs — and the problem of long-term joblessness may disappear in the months ahead.
Japanese stocks surged 4 percent to its highest level in more than four years on Wednesday, after the yen declined sharply on bets that a decision by the head of the Bank of Japan to step down early will bring forward aggressive monetary easing.
Former community banker now Federal Reserve Board Governor says fierce bank competition is pushing housing sector growth.
The U.S. services sector grew in January for a third year of back-to-back monthly expansion, although the pace of growth slowed slightly from the previous month, according to a new report.
Good U.S. fiscal policy could make the economy globally competitive and unleash substantial growth, JPMorgan CEO Jamie Dimon told the Miami Chamber of Commerce.
Unless Congress acts, job losses from scheduled budget cuts on March 1 could throw the U.S. economy into another recession, some analysts predict.
U.S. factory orders increased in December even though companies trimmed their orders for goods that signal investment plans. The Commerce Department said factory orders rose 1.8 percent compared to November, when orders had fallen 0.3 percent.
Italy's former Prime Minister Silvio Berlusconi announced his "last great electoral and political battle" on Sunday.
In a positive sign for the economy, a new report showed that the pace of growth in the U.S. manufacturing sector picked up while a separate report showed that construction spending rose last month.
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