Clint Eastwood’s controversial Super Bowl ad for Chrysler was not an endorsement of anyone, the actor, director and Academy Award winner told CNBC Thursday.
Greek political leaders said they had clinched a deal on economic reforms and spending cuts needed to secure a second bailout, but euro zone finance ministers demanded more measures and a parliamentary seal of approval before providing the aid.
Canaccord Financial and China's deep-pocketed Eximbank announced plans on Thursday to form a $1 billion fund to invest in Canadian resources, the newest push by the Asian giant to gain access to Canada's oil and minerals.
Few people played a more pivotal role in the surge for Rick Santorum than Foster Friess, an investor who made millions in mutual funds and now lives in Wyoming, The New York Times reports.
The new bill, entitled the STOCK Act, which stands for Stop Trading on Congressional Knowledge, bans members of Congress and executive branch officials from insider trading. But critics from both parties say the bill does not go far enough to regulate offenders.
The Obama administration's new mandate that religious organizations pay for their workers' birth control has become a bludgeon for Republican culture warriors.
The unemployment estimates that Obama's administration will release next week underpin its forecasts on the path of budget deficits and the national debt. But the economic assumptions used are usually calculated many weeks before the budget is actually unveiled.
Greek leaders clinched a long-stalled deal on reforms and austerity measures needed to secure a bailout and avoid a messy default just hours before the country's financial backers were to meet in Brussels on Thursday.
The European Central Bank’s injection of cheap money into the European banking system last December has taken the pressure off the euro zone politicians for the moment, but they still have to take further action, a German economist told CNBC.
Germany expects the Eurogroup to take no decision on a Greek bailout and accompanying bond swap at a meeting later on Thursday, a government official said, as the ground had not yet been laid for a deal.
The European Central Bank’s second injection of long-term liquidity into markets could reach as much as 1 trillion euros ($1.33 trillion), analysts predict.
China will continue its currency reforms and recent yuan gains are not due to Vice President Xi Jinping's visit to Washington, a top Chinese diplomat said on Thursday.
Three Indian politicians from a morally conservative party, including a women's affairs minister, resigned on Wednesday after being caught watching pornography on a mobile phone during a session of state parliament.
Greek leaders failed on Thursday to agree on a reform and austerity program, the price of a financial bailout to avoid a messy default, forcing Finance Minister Evangelos Venizelos to go to the country's financial backers with an incomplete deal.
It took more than a year to strike a deal, but here it is, the biggest government-industry settlement in history, surpassing even big tobacco.... Read More