The Bank of England gave a clean bill of health to Britain's controversial flagship mortgage guarantee scheme on Thursday.» Read More
The devil may have much more than the best tunes. To listen to the president of Germany’s Bundesbank, he also offers the best cautionary tale about the perils of state financing by a central bank. The FT reports.
Prominent conservatives joined Barack Obama in condemning Mitt Romney over leaked comments portraying the US president’s supporters as dependent on government, draining momentum from the challenger’s faltering campaign. The FT reports.
While the world is anxiously watching to see how the European debt crisis will unfold, many real estate investors in the United States are eagerly seeking opportunities to reap profits from the Continent’s distress, the New York Times reports.
Gregoris Skouros stepped out of the sawed-off cargo container that hard times have forced him to make his home in on an agricultural plain near this tiny village, a two-hour drive south of Athens. The NYT Reports.
Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy. The FT reports.
In an interview with OilPrice.com, the president of a private intelligence company discusses whether rebels can defeat Syria's President Bashar al-Assad.
Federal Reserve and European Central Bank monetary stimulus measures are more likely to impede growth than aid it, Nomura strategist Bob Janjuah said on Tuesday, adding that central banks' recent actions would be seen in future as a key moment in the downfall of Western superpowers.
Torsten Slok, Deutsche Bank Securities chief international economist, discusses three major headwinds facing a U.S. economic recovery: the debt ceiling, fiscal cliff, and Europe.
European shares fell on Tuesday as uncertainty about a potential Spanish sovereign bailout kept the country's debt yields high and prompted investors to continue booking profits on a stellar two-month run for euro zone banks.
The euro has been on a tear against the dollar, but this strategist sees a better way to play the common currency.
Time may be running out for Europe's fourth-largest economy, with bad debts at the Spain's banks rising to a record and Lloyds bank predicting it will request aid before October.
A Bank of Japan meeting looms and Spain shies away from a bailout — it's time for your FX Fix.
Brazil, Russia, India and China, collectively known as the BRIC countries, will be key to success for truck manufacturers as competition continues to intensify in the industry and Europe remains volatile, one of Daimler's board members told CNBC Tuesday.
Bill Gross, the co-Chief Investment Officer of Pimco, and manager of the world’s largest bond funds, has weighed in on recent central bank action with a scathing tweet.
What do famed investor Marc Faber and fashion industry stalwart John Rocha have in common? Kazakstan. Both have noted the nation as an upcoming area of strength.
12 months after Occupy Wall Street first gathered momentum, it can and should be said that the movement was - perhaps this is going to sound indelicate - a fad, the New York Times reports.
Greece could become “an El Dorado for investors” as it moves decisively to sell off infrastructure assets, the new head of the country’s Privatization agency has said, the Financial Times reports.
Commercial lawyers have joined a chorus of concern over what impact reform of the London interbank lending rate could have on existing financial contracts as a review into Libor by the City watchdog draws to a close. The FT reports.
The Fed's QE3 announcement kicked off a party for risk-sensitive currencies, but this strategist says the fun is ending.
There’s a coordinated global economic slowdown underway, but the U.S. economy will eventually return to form, Nobel Laureate Michael Spence, told CNBC’s “Squawk Box” on Monday.
Get the best of CNBC in your inbox
The rise of euroscepticism is "understandable" but not right, says ECB President Mario Draghi, arguing that countries would have had to make structural reforms even outside the euro zone.
The exchange rate is not a policy target for the ECB says Mario Draghi, president of the ECB, explaining that recent moves are in part due to monetary policy divergence.
Other policy areas are needed to strengthen investment and job creation, says ECB President Mario Draghi, urging governments not to "unravel" progress made in structural reforms and fiscal policies.