The BoE left interest rates and its asset purchase target unchanged amid concerns that a strong sterling is choking off an economic recovery.» Read More
CNBC's Simon Hobbs reports on all the market moving activity from Europe.
The Republican Party’s idea to return to the gold standard is ludicrous and nonsensical and is simply a plan put forward by the political opposition to score points, according to analysts.
Mujtaba Rahman, Eurasia Group analyst, weighs in on action from the European Central Bank and whether some euro zone countries will seek exemption for their banks.
CNBC's Ross Westgate reports on all the market moving events from Europe, including a look at Spanish bonds, as French and German leaders send a united message to Greece to continue on the path of reform.
When the latest market squall hit the eurozone last month, the governments of Spain and Italy responded with a time-honored defense; as panic mounted, they banned the short selling of shares in banks, in a desperate bid to shore up confidence.
Of all the many striking policy measures taken since the financial crisis, one of the most extraordinary has gone almost unremarked—the introduction of negative official interest rates by Denmark, the Financial Times reports.
Thank you Germany, Italy, Spain and, especially, the European Central Bank. They all said enough to provide markets and investors with a tranquil August so far. The question now is whether they will be able and willing to pivot - from re-assuring words to the series of actions required to enable this tranquility to grow deep roots.
The Spanish government is finalizing new rules to allow the state to intervene in troubled lenders and shut down banks that refuse to draw up adequate survival plans, the Financial Times reports.
Bill Gross, PIMCO co-CIO, explains why the Fed's qualification of a "sustainable economy" is important in understanding their economic strategies, with Jason Trennert, Strategas Research Partners; James Bianco, Bianco Research; and CNBC's Jeff Cox.
Matt Cheslock of Virtu Financial, explains which safe havens investors are putting their money in now.
Stocks are pulling back as hope for QE3 dissipates. Richard Madigan, JPMorgan Private Bank, weighs in on news from the Fed, Europe, and his outlook for China.
This policy expert says a four-part solution to the crisis is in order.
One of the world’s largest mining groups, Anglo American, could see its platinum production also affected by striking workers, according to trading company Vincom Commodities.
James Bullard, president of St. Louis Fed, says he supports colleagues who say big banks should be broken up.
Analysts are hailing the beginnings of a recovery in the nation’s housing market. But to beleaguered homeowners, it will not feel like much of one for many months to come, the New York Times reports.
CNBC's Ross Westgate reports on all the market moving events from Europe, including German Chancellor Angela Merkel adopting a firm line on a Greek bailout extension.
Attempts to make sweeping changes to a popular type of mutual fund that played a central role in the 2008 financial crisis have been derailed, the New York Times reports.
Irish businesses face among the highest rejection rates for loans in the euro zone, according to a new report, which has prompted critics to claim Dublin’s 64 billion euro ($80.2 billion) rescue of its banks is not benefiting the wider economy.
The euro zone is currently in chaos with the euro no longer being functional and order will only be restored by giving struggling member states their currency back, according to Matthew Lynn founder of Strategy Economics.
Long known as India’s software hub and a magnet for information technology (IT) jobs, Bangalore is facing challenges as other Indian cities compete for IT investment and the nation’s economy struggles with slowdown and graft. The Christian Science Monitor reports.
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James Hind, CEO and founder of Carwow, discusses how his website can help users find a new car and compare different prices between dealers.
Ruth Lea, economic advisor at Arbuthnot Banking Group, says the economy is "going like a train" and the Bank of England should raise rates soon.
While nominally a good figure, most new jobs shown in the U.S. jobs figures last week are in the services sector. These are not high paying jobs meaning they don't create growth or discretionary spending, says Todd Horwitz, founder of Averagejoeoptions.com.