GO
Loading...

Economy

More

  • US Sees Biggest Drop in Exports in Nearly Four Years Tuesday, 11 Dec 2012 | 9:07 AM ET

    The U.S. trade deficit widened in October as exports suffered the biggest drop in nearly four years.

  • Unemployment Benefits Hang on 'Fiscal Cliff' Deal Tuesday, 11 Dec 2012 | 8:46 AM ET

    A crucial part to the "fiscal cliff" talks: Will lawmakers extend unemployment benefits?

  • Greece Suffers Setback After Debt Buyback Tuesday, 11 Dec 2012 | 8:33 AM ET

    Greece's bond buyback scheme failed to meet its target by a relatively narrow margin on Tuesday but still left international lenders with a 450-million euro hole in their plan to cut the country's huge debts to a more manageable level.

  • CNBC Fed Survey reveals Wall Street is increasingly worried Washington will push the U.S. economy into recession.

  • Italy's Likely Next Leader: No Comedian or Cavalier Tuesday, 11 Dec 2012 | 7:04 AM ET
    Pier Luigi Bersani

    When he won the race to become Italy's center-left candidate, Pier Luigi Bersani said his Democratic Party would have to win by telling "the truth, not fairy tales".

  • Norquist: Still No Better Argument for Tax Hikes Tuesday, 11 Dec 2012 | 6:42 AM ET
    Grover Norquist, president of Americans for Tax Reform (ATR)

    "Raising taxes is always bad for the economy," Americans For Tax Reform President Grover Norquist told CNBC.

  • Traders work on the floor of the New York Stock Exchange on December 10, 2012 in New York City.

    The impending U.S. "fiscal cliff" that is causing uncertainty in global markets should not result in rushed reforms in the country's tax code, causing potential harm to the economic recovery, said Steve Forbes, chairman and editor-in-chief at Forbes Media.

  • Europe in Better Shape Than US: Strategists Tuesday, 11 Dec 2012 | 5:00 AM ET

    Growth in the U.S. is set to easily outpace the euro zone but the U.S. "fiscal cliff" is concerning strategists to such an extent that Europe, despite its on-going economic woes, looks like a better investment strategy.

  • The U.S. Treasury is selling its remaining stake in insurer American International Group, bringing an end to government ownership of the company about four years after a $182 billion bailout.

  • Looking for Signs of a 'Fiscal Cliff' Deal Monday, 10 Dec 2012 | 4:25 PM ET

    Here are four indicators that we're still on track for a deal. As long as all these dynamics continue to play out, markets should bet that its unlikely we'll go over the fiscal cliff at the end of the year.

  • Corker: Why We Should Just Raise Taxes on Rich Monday, 10 Dec 2012 | 11:56 AM ET
    Senator Bob Corker

    Republicans need to let tax rates on the rich rise to change the debate from taxes to more important entitlement reforms, Republican Senator Bob Corker told CNBC on Monday.

  • Estate Tax Is Also Sitting on the Edge of a 'Cliff' Monday, 10 Dec 2012 | 11:23 AM ET

    The fight over revenue has largely focused on income taxes for the rich. But a dispute over "the other rich tax" looms in Washington.

  • Fed Is Likely to Sustain Its Stimulus Program Monday, 10 Dec 2012 | 11:02 AM ET
    Ben Bernanke

    The Fed meets this week, and is widely expected to continue buying more Treasuries to help boost growth.

  • Mario Monti

    Mario Monti’s announcement that he will step down as Italy’s Prime Minister represents a significant setback in the euro zone’s rehabilitation, analysts warned on Monday, with the decision set to push up Italian bond yields and heap pressure on the euro as well as push Spain closer to the edge of a funding crisis.

  • A '40% Chance' of Cliff Deal Before Year End: Bowles Monday, 10 Dec 2012 | 7:02 AM ET
    Erskine Bowles

    "There's a 40 percent chance of a fiscal cliff deal before year end," Erskine Bowles, co-chair of President Obama's 2010 debt commission, told CNBC.

  • Distrust in Congress Complicates 'Cliff' Talks Monday, 10 Dec 2012 | 6:57 AM ET

    President Barack Obama and his Republican opponents in Congress enter a crucial week in the "fiscal cliff" impasse with more than just differences over taxes to bridge.

  • Job seekers looking at a computer at an employment center.

    Friday's U.S. non-farm payrolls showed a surprise fall to a 4-year low of 7.7 percent as the U.S. economy added 146,000 jobs in November.

  • The US Has a Trust Problem in the Persian Gulf Monday, 10 Dec 2012 | 4:04 AM ET
    Strait of Hormuz in the Persian Gulf.

    Governments in the Gulf region of the Middle East worry the uptick in U.S. production could fuel broader regional disengagement.

  • Poor China Exports Data Won't Derail Recovery Monday, 10 Dec 2012 | 12:48 AM ET

    China's trade numbers for November came in far below expectations, however, economists are confident the slump in export growth will not derail the recovery in the world's second largest economy.

  • Economy Creates 146,000 Jobs, Rate Slides to 7.7% Friday, 7 Dec 2012 | 1:07 PM ET

    The U.S. economy created 146,000 new jobs and the unemployment rate slid to 7.7 percent, in a report much better than economists had expected.

Contact Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More