There were strong signals Tuesday that the European Union is preparing to step up its economic sanctions against Russia.» Read More
Aid to Spain leaves the euro in pain and commodity prices lift the loonie - it's time for your Friday FX Fix.
CNBC's Kelly Evans reports European markets are trading lower, despite hopes of further quantitative easing from the Fed and a slew of strong earnings.
French residents with assets valued above 4 million euros ($4.9 million) will pay more than double what they had expected in wealth taxes this year, after the country’s parliament voted through an emergency measure to raise €2.3bn for the cash-strapped government, the Financial Times reports.
The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs.
Don't look now, but the Swedish krona is on a bit of a tear.
As European governments pass key measures, the crisis only worsens, the Global Post reports.
In a shift from last summer's debt-ceiling standoff, tea party conservatives now aim to be seen as avoiding a government shutdown, even if it means accepting a higher level of FY 2013 spending, the Christian Science Monitor reports.
Earnings season continues with Google beating, Microsoft topping and Chipotle missing. Kayak prices its IPO above expectations at $26 and new Yahoo CEO Marissa Mayer will be well compensated.
Arjuna Mahendran, MD & Head Investment Strategy Asia at HSBC Private Bank says that carry trade is back in vogue and that the Euro is a one-way bet. It's either going to stay where it is or decline.
Matthew Fine, Third Avenue Management, weighs in on his best European stock bets.
Who has a stake in the games? Some big name sponsors for sure. Eleven of the 2012 Olympic Game sponsors belong to the TOP Program.
CNBC's Simon Hobbs reports Spain's 5-year borrowing costs hit new euro-era highs, as European markets closed higher on earnings reports. Also, CNBC's Bob Pisani provides an update on U.S. markets.
CNBC's Steve Liesman talks with two former Treasury Secretaries, Robert Rubin and Henry Paulson, about the economic problems in Europe.
Spain feels pain and the Australian dollar lifts — it's time for your FX Fix.
Regulators are focusing on at least four of Europe’s biggest banks as they investigate the attempted manipulation of the region’s benchmark interest rate, The Financial Times reports.
Greece's tourism industry has suffered a serious decline in revenue over the past year as political instability and questions over whether the country would exit the euro saw holiday makers opt for other destinations instead, but with a new coalition government in place, the industry is fighting back.
There are plenty of investors and analysts who are optimistic. After three straight months of outflows, emerging market equity funds tracked by EPFR Global attracted more than $700m of investments in the first two weeks of July, reports the Financail Times.
Significant value can be found in the global equities market by looking out for upcoming catalysts, according to Steve Brice, Chief Investment Strategist at Standard Chartered Wealth Management Group.
After the unveiling of Libor rate-rigging practices among banks, eyes are turning to other markets, worrying that the manipulation would not be limited to Libor rates, the New York Times reports.
Jim Cielinski, Head of Fixed Income, Threadneedle says that there's no value in developed nations' bonds and he prefers emerging markets' debt.
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Scott Kessler, information technology group director and senior equity analyst at S&P Capital IQ, discusses Apple ahead of the group's quarterly results and says expectations are now ahead of reality.
Shari Olefson, real estate attorney and author of "Foreclosure Nation", says there are still "two major headwinds" for U.S. home sales ahead of the release of the latest existing home sales data.
Andrew Burkly, head of institutional portfolio strategy at Oppenheimer & Co., says the U.S. earnings season has been "really good" so far and discusses which sectors offer the best value.