Greece's Parliament early on Sunday approved a budget for 2014 which predicts a timid return to growth. The New York Times reports.» Read More
Alastair Newton, Senior Political Analyst, Nomura says that democrats need to come up with a spending reform plan in order to solve the fiscal cliff impasse.
Mike Crofton, President & CEO, Philadelphia Trust Company says that going over the Fiscal Cliff is a good outcome as lawmakers will be forced reach a resolution.
Finally, the euro is trading on U.S. fundamentals, this pro says, and he likes it.
Ukraine was about to sign a $1.1 billion dollar deal with Spain’s Gas Natural Fenosa when it realized one teensy problem--the deal was a fake!
European shares closed higher on Thursday, getting a fresh boost from stronger-than-expected U.S. housing data.
A credit markets boom could last another five years, but its end will be much harder than when the last bear market hit, a market strategist told CNBC.
Spain is likely to remain in deep recession until the end of next year, according to the Organization for Economic Co-operation and Development.
The euro hangs on fiscal cliff news and the pound feels pressure from rating cut worries — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as optimism grows that U.S. lawmakers will finalize a deal to solve the "fiscal cliff" before Christmas.
As uncertainty continues to grip the European markets, identifying surefire investment opportunities has become increasingly difficult, if not impossible. However, one analyst argues that high-end European real estate may be a viable option for today’s investors.
New rules regulating the web may increase censorship.
Larry Fink was once a prince of Wall Street. In the 1980s he became the youngest managing director ever at First Boston, where he was a pioneer in the mortgage bond market. He might have been fitted for the crown at the investment bank, now owned by Credit Suisse, but in 1986 his mortgage department lost $100 million in a single quarter. Two years later he was out. The FT reports.
The euro zone should gradually acquire the powers of a national government with a single treasury and the right to tax or issue commonly backed bonds under a Brussels blueprint to ensure the single currency’s longer-term survival, the Financial Times.
Bankia’s subordinated debt and hybrid securities holders will face large losses on their investments as part of a restructuring demanded by Brussels in return for eurozone aid. The FT reports.
Blankfein to CNBC: Seems Like 'Fiscal Cliff' Deal Could Be 'Reachable', NCR to Acquire Retalix for $650 Million in Cash, Groupon Shares Pop 11.6 Percent After CEO Andrew Mason Defends His Vision And Leadership
European shares pared losses in afternoon trading on Wednesday to close higher after U.S. House Speaker John Boehner said he was optimistic that a deal on the U.S. "fiscal cliff" of tax rises and spending cuts could be reached.
Financial markets react negatively to three dangerous games of chicken being played out around the globe.
Aid to Spain eases that country's pain but Greek drama still weighs on the euro — it's time for your FX Fix.
New Year is a time for reflection. So let’s start now and revisit the question: What is the point of the euro?
The White House is expected in the coming days to send Congress a multi-billion dollar request to fund recovery from Superstorm Sandy, which caused an estimated $71 billion in damages in New York and New Jersey.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Alex Donohue, spokesman for Ladbrokes, tells football fans how he thinks they should place their bets for Next Year's World Cup.
Nick Stone, co-founder of FIXR, says his new clubbing app could revolutionize nights out in London.
Alec Young, global equity strategist at S&P Capital IQ, says markets are taking the Federal Reserve taper threat in their stride, and focusing more on the improving economy.