Global policymakers and businessmen ended Davos optimistically, citing the effects of low oil prices and aggressive monetary policy in Europe.» Read More
The White House and many congressional Republicans are now looking at a modest deal that would extend current tax rates for most Americans and leave vexing issues for the new year.
President Obama says he won't go after Washington state and Colorado for legalizing marijuana.
U.S. consumer prices fell in November for the first time in six months, pointing to muted inflation pressures that should allow the Federal Reserve to stay on its monetary policy path.
Dallas Fed President Richard Fisher has said he is worried the Fed is in a "Hotel California" type of monetary policy because of its "engorged balance sheet."
During a visit to the Bank of England on Thursday, the Queen was overheard asking whether a "lax" attitude to financial regulation had contributed to the financial crisis.
Faced with the risk of a hard landing earlier this year, China's economy is now in the midst of a robust rebound, prompting economists to make bullish forecasts for growth in the new year.
A single apartment complex where 30 of 72 apartments are registered to offshore companies is expected to pay more than $4 million in taxes.
In the absence of immediate or even early indications of an upwelling of inflation, the Fed is clearly determined to focus maximum effort on the other leg of its "dual mandate," i.e. fostering full employment.
CNBC contributor Michael Yoshikami suggests investors should carefully reconsider holding long dated bonds.
U.S. businesses added to their stockpiles in October while sales fell, a sign that companies may order fewer goods ahead.
The academic argues the heads of central banks know easy money can’t overcome flawed government policies.
Weekly jobless claims fell sharply while retail sales rose in a sign that steady job creation is adding momentum to consumer spending in the fourth quarter.
The Federal Reserve's bond-purchasing and low interest rate policies are buying Washington to solve the nation's debt crisis, said Pimco's Head of Global Equities Neel Kashkari.
Top central banks are extending their arrangements to swap dollars and other currencies to make sure banks have the money they need.
The Swiss government said it was cautiously optimistic for the economic outlook assuming the euro zone debt crisis does not again escalate even as it trimmed its growth forecast for 2013 to 1.3 percent.
Silvio Berlusconi offered on Wednesday to stand back and make way for Mario Monti as Italy's next leader if the outgoing technocrat premier agreed to run as the candidate for a center-right coalition.
On the outset, the Fed's unorthodox move appears to be its latest salvo to battle the economy's erratic and sub-par recovery. But some market watchers say: don't read too much into it.
The European Union reached a landmark deal on Thursday to make the European Central Bank the bloc's top banking supervisor, giving EU leaders greater confidence that they are gaining the upper hand over the euro zone's debt crisis.
After years of economic troubles, an end to the euro-zone crisis is finally visible, but there is still plenty of pain to come, according to a new forecast.
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