Ukraine declared that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border.» Read More
Adam Gilmour, Head FX and Derivatives Sales at Citi Asia Pacific predicts the Euro will return to bearish levels until euro zone officials release more concrete funding details.
Steve Brice, Chief Investment Strategist, Standard Chartered says the deal with Spain and Italy at the EU summit is "good" but not a game-changer. Markets are now looking for aggressive action from the ECB.
Timothy Riddell, Head of Global Markets Research, Asia, ANZ says the sharp moves in global markets on the back of the EU deal have been too quick.
Barclays failed to act on three separate warnings between 2007 and 2008 about conflicts of interest and “patently false” submissions by its staff to the panel which sets Libor rates. The FT reports.
With the European Union summit behind us, investors are focusing on what the European Central Bank will do next.
Obamacare is a court-sanctioned tax mandate against all Americans, but is it Mitt Romney's new game-changing opportunity? CNBC contributor Jared Bernstein and Chris Edwards of Cato Institute, share their opinions.
There is a report that thousands of new agents will be hired to bust down doors to hunt for Obamacare tax. Mark Matthews, former IRS Deputy Commissioner, offers insight.
CNBC's John Harwood reports on the outstanding wave of donations to Mitt Romney's campaign since the health-care ruling yesterday; and Jonathan Cowan, Third Way; Todd Schnitt, The Schnitt Show; and Mark Simone, WABC radio talk show host, weigh in.
The Colorado Springs fire is 25 percent contained, and Peter Madoff pleaded guilty to crimes that allowed his brother Bernie to run his ponzi scheme, reports CNBC's Brian Shactman. The Weather Channel's Chris Warren also reports on historic heat across the United States.
The markets are soaring on European euphoria, but is a rough landing ahead since the health-care ruling? Benjamin Sasse, former U.S. Health & Human Services assistant secretary, weighs in. "This is a closer outcome to the disaster outcome, of yesterday, than the markets are understanding," says Sasse.
A surprise agreement announced by the European leaders to help the region's struggling banks, with Jeffrey Frankel, Harvard University professor and National Bureau of Economic Research director.
CNBC's Brian Shactman reports on today's market rally; and Stephen Weiss of Short Hills Capital and Zachary Karabell of River Twice Research, provide their perspective on the state of the markets.
The euro is having a big day on the heels of the summit agreement - but this strategist is wary.
CNBC's Michelle Caruso-Cabrera discusses Europe's new deal, and continued concerns for businesses with big international exposure, with Ricardo Salinas, Grupo Salinas chairman & CEO.
CNBC's Michelle Caruso-Cabrera reports the latest details on the agreement reached at the EU Summit.
Art Cashin of UBS talks with Sue Herera about the sustainability of today's stock market rally and why he thinks the situation in Europe will be much clearer on Monday.
Markets are moving sharply this morning following the EU Summit. What do these big moves mean? David Spika, Westwood Funds, weighs in.
CNBC's Michelle Caruso-Cabrera offers the latest from the EU Summit.
Summit progress lifts the euro and the Bank of England talks tough — it's time for your FX Fix.
CNBC's Michelle Caruso-Cabrera offers insight on developments in the euro zone crisis. Meanwhile the banking sector continues to face headwinds, with some saying that earnings growth for the industry will remain subdued for some time to come, with Kelly King, BB&T chairman & CEO, and Chris Whalen, Tangent Capital.
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A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.
The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.
European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.