What turnout indications are telling us about the Scottish independence vote, according to Deutsche Bank's currency strategist.» Read More
Spain's economic crisis has prompted a movement within Spain dubbed it “rurbanismo,” a term invented to describe the reverse migration from city to country that has stemmed a generations-old trend that has long been the usual pattern in most advanced industrial economies, the New York Times reports.
Things are perking up for the automobile industry as cheap financing makes a comeback, and the reason can be traced to booming demand for asset-backed securities on Wall Street. The FT reports.
Lawyers within the Treasury Department have recommended a preliminary settlement with Standard Chartered, clearing the path for the British bank to pay a penalty to state and federal prosecutors and to move beyond claims that it flouted laws governing international money transfers. The NYT reports.
New quantitative easing could push the dollar lower against the euro, but one strategist recommends caution.
Abercrombie & Fitch has retained Goldman Sachs as an advisor in the face of continued pressure from Relational Investors, reports CNBC's Kayla Tausche.
European stock markets closed mixed on Wednesday, paring earlier gains reached after a German court ruled to back the permanent euro zone rescue fund.
Europe cleared a number of major hurdles in its quest to find a comprehensive solution to the euro zone debt crisis on Wednesday, with a German court giving its heavily-anticipated approval for a new rescue fund and the unveiling of new proposals for a European banking union and more European integration.
Rumors have been growing over the whereabouts of Xi Jinping, the man widely tipped to be the next president of China, but Chinese authorities and the media have remained silent about his health or whereabouts.
Germany okays the bailout and British jobless claims fall — it's time for your FX Fix.
Markets overwhelmingly are looking for the Fed to announce a new program of asset purchases as soon as Thursday to try and boost the US economy but doubt it will do much to bring down unemployment, the latest CNBC Fed Survey says.
A deepening euro zone recession will force the European Central Bank into full-blown quantitative easing within six months, David Owens, Chief European Economist at Jefferies International told CNBC Wednesday.
The euro, which has rallied in recent weeks, dodged a bullet on Wednesday when the German Constitutional Court approved Germany's ratification of a permanent euro zone bailout fund.
Mark Zuckerberg gives his first interview since the Facebook IPO; Ex-JCP exec joins the GAP; Steve Wynn releases a scathing statement on Joe Francis and Ford may soon have a CEO succession plan.
Albert Frère, the billionaire, is known as the most French of Belgian tycoons. Now his business partner, Bernard Arnault, is poised to become Belgium’s most famous Frenchman if his application for citizenship succeeds, the Financial Times reports.
There is a deep unease spreading across the United States. As anyone who's living through it can tell you, America's middle class — the backbone of the world's largest economy — is in distress, the Global Post reports.
In September 1992, the Federal Reserve culminated a long-running effort to stimulate the sluggish economy by cutting its benchmark interest rate to 3 percent, the lowest level it had reached in almost three decades.
Catalonia no longer fits within Spain and needs to explore the option of independence, according to a leading nationalist and former head of the Catalan regional government. The FT reports.
Last week’s decision by the European Central Bank to make unlimited purchases of government bonds in secondary markets was both necessary and bold. Mario Draghi, the ECB’s president, deserves credit for having obtained agreement for this controversial step, against the sole, albeit significant, opposition of Jens Weidmann, president of Germany’s redoubtable Bundesbank. It is a pity that the ECB did not do this before the crisis in sovereign debt reached Spain and Italy. Yet this delay is not surprising: eurozone policy makers have, perhaps inevitably, done too little, too late.The FT reports.
European shares edged higher on Tuesday as Deutsche Bank led a rally among euro zone banks after it said it would not ask shareholders for more cash to strengthen its capital base.
Europe’s single currency zone is essential and will survive its current crisis, Anshu Jain, the co-CEO of Germany’s Deutsche Bank, told CNBC on Tuesday.
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Evangelos Mytilineos, CEO of Mytilineos, says Greece has now seen the worse and that it's now easier for businesses to get funding. He adds that the weaker euro is also helping
David Stubbs, global market strategist at JPMorgan Asset Management, says U.S. assets remain attractive following the latest Fed meeting and discusses European assets.
European shares closed higher on Thursday after an announcement from the European Central Bank on how it will make key decisions in the future.