The euro recovered from a 11-month low against the dollar, helped by better-than-expected German private sector growth data.» Read More
Consumers are pinching pennies anywhere they can due to continued concern over the global economy , which for some means a willingness to cut services that aren't a necessity.
The biggest takeaway from S&P's surprise downgrade of Japan's long-term sovereign debt rating to AA-minus may be the speed at which the bond vigilantes could switch their focus away from Europe—where it's been for one year—to Japan or the UK or the United States.
European shares were set to edge up on Thursday, tracking gains on Wall Street and in Asian markets after the Fed's meeting.
The Dow’s run at 12,000 comes as market pros are debating when and how deep the market could correct.
Contrasted to last year, we are hearing a lot more about growth in this new reality, Steve Ellis, worldwide managing director of the consulting firm Bain & Company, told CNBC on Wednesday.
European shares were set to rise on Wednesday, after US President Barack Obama stressed a need to lower corporate tax rates.
President Obama's State of the Union address and the Fed's Wednesday afternoon statement should both play up the improving U.S. economy.
Chief executives, government leaders and academics around the world are headed to Davos, Switzerland, for the World Economic Forum’s annual meeting this week — a heady power gathering that mixes business, politics and Champagne in the Swiss Alps.
The breakfast conversations on the day before WEF officially starts have a somber tone, with discussions centering on the bombing at the international arrivals terminal at Moscow's Domodedovo Airport.
At least for this year, the euro zone will remain united and no country is likely to default, analysts told CNBC.com. But debt restructuring is on the horizon for later.
European shares are set to rise for a third straight session on Tuesday, mirroring gains in Asia and on Wall Street.
The Fed kicks off its first meeting of 2011 Tuesday, as key stock indices edge toward psychologically important milestones.
Political and business leaders invited to the World Economic Forum's annual meeting in Davos this week will sift through the blessings and curses of global interdependence that not only brought the world’s economies to a collective low three years ago but also provide the only realistic return to prosperity
European shares are set to edge higher on Monday, tracking Friday's gains on Wall Street.
Day by day, investors in Europe tell me their confidence is growing that the Union is moving decisively towards fixing its problems.
Irish Finance Minister Brian Lenihan will press ahead with a plan to impose a 90 percent charge on bankers' bonuses when the budget bill is published on Friday, newspaper the Irish Independent reported.
Bank of America and General Electric are two heavy weights whose earnings should steer stocks into Friday's opening bell.
Hidden among an otherwise sea of red due to China fears, some markets rallied: Athens' ASE up 2.6 percent, Portugal's PS120 up 1.1 percent and Spain's IBEX spacer up 0.76 percent. More importantly, there's a growing bid under peripheral European debt.
The outlook for GDP growth is better, but hardly exceptional, through the first half of 2011—something in the range of 3.3 percent through mid-2011. Inflation will remain below 2.5 percent and unemployment will remain at or above 9 percent into 2012.
German gross domestic product will likely rise 3 percent in 2011, according to economists at Capital Economics. But their pick for next-strongest euro-zone economy tends to fly under the radar.