Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.» Read More
CNBC's Mandy Drury says the European markets appear to have a flat close Wednesday.
How markets are responding to testimony from Fed Chairman Ben Bernanke, with CNBC's Bob Pisani & Rick Santelli.
CNBC's Steve Liesman shares highlights from Treasury Secretary Timothy Geithner and Fed Chairman Ben Bernanke's testimonies before the House Committee on Oversight and Government Reform.
Fed Chairman Ben Bernanke discusses how Germany has managed to grow its economy, citing the currency advantage of the euro.
Fed Chief Ben Bernanke gives his opening statement to the House Committee on Oversight and Government Reform regarding the European debt crisis.
Treasury Secretary Timothy Geithner gives his opening statement to the House Committee on Oversight and Government Reform regarding the European debt crisis.
House Republicans want to overhaul the nation's safety net. Rep. Xavier Becerra, (D-CA), shares his view on the GOP's latest proposal to reduce the financial burden on the federal government.
European shares close down for a second day in a row, with CNBC's Mandy Drury.
Treasury Secretary Timothy Geithner appears before the House Financial Services Committee to discuss the impact of the global economy on the U.S., as well as steps European governments are taking to reform their economies and create growth.
"The WTO dispute settlement system has been created to avoid trade wars (and) since its inception, in 1995, there has been no trade war," Pascal Lamy, director general of the World Trade Organization, told CNBC. "I am not sure (the Chinese financial system) is solid to the point of opening in one day or in one night its foreign account," he also said.
CNBC's Steve Liesman reports the probability of a European default in the next three years, according to the CNBC Fed Survey. Also, CNBC's Ross Westgate weighs in.
CNBC's Mandy Drury takes a look at the markets in Europe as they close and the FMHR traders discuss why Joe Lewis, Tavistock Group founder, says austerity alone will not work in Europe.
"Growth and dividends are not mutually exclusive. We love companies that are committed to growing their dividends over time. Those are generally the best performers over long-term. It's great to see Apple do this and we hope other American companies, even high growth companies will follow in their footsteps," says Neel Kashkari, Pimco head of global equities.
CNBC's Mandy Drury and the Fast Money team break down the European markets as they close for the week and share insight on stocks making the biggest moves in the market today, with the Fast Money traders.
Gerard Lyons, Chief Economist & Group Head of Global Research, Standard Chartered Bank, say a big problem is brewing in Europe, the U.S. economy is picking up and Asia's fundamentals are still strong.
CNBC's Mandy Drury reports on the European market surge, pointing to key market-moving stocks. Meanwhile, John Taylor, of FX Concepts, explains why investors should short the euro.
European stocks close out around 8-month peaks, with CNBC's Mandy Drury.
European stocks closed at their highest level in nearly eight months, with CNBC's Mandy Drury.
A euro zone volatility index nears an 8-month low. Is this a signal of a sharp recovery in investor risk? CNBC's Karen Tso reports on global markets.
CNBC's Michelle Caruso-Cabrera reports the latest detail on a "credit default" event coming out of the otherwise successful Greek bond swap.
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The "iconic London building", the Gherkin, has been put on the market for $1.1 billion. Julian Stocks, partner at Deloitte Real Estate, comments on potential buyers and the London office sector.
Carlos Caicedo, principal analyst at IHS Country Risk, says that Argentina defaulting and then restructuring its debt a few months later could lead to capital flight, currency fluctuations and social unrest.
Hans Humes, founder and CEO of Greylock Capital, discusses Argentina's bond woes and says holdout bondholders need "some kind of gesture" from the country.