The dollar firmed in early Asian trading on Monday, though a tense situation in Ukraine was likely to keep traders on their toes.» Read More
Investors should buy Irish sovereign debt as an expected European Union bailout will boost prices, Bob McKee, chief economist at Independent Strategy, told CNBC Thursday.
European shares are indicated to open flat Friday, ahead of a conference at the European Central Bank in Frankfurt where Fed Chairman Ben Bernanke and ECB President Jean-Claude Trichet will both speak.
The Irish banking crisis illustrates the euro makes little sense, because the EU lacks taxing, spending and regulatory authority critical to managing a modern economy.
As I head over to the Cato Institute's Monetary Conference, European stocks are rebounding on news that the European Union and International Monetary Fund could soon announce an aid package for Ireland.
European shares looked set to open higher Thursday, tracking gains in Asia and on optimism that the situation in Ireland will be resolved.
A restructured General Motors rolls out its new stock at the NYSE Thursday, in another unwind of the government's bailout programs.
The British government signaled Wednesday that it could offer direct financial assistance to Ireland, even though Britain is outside the euro zone, as prospects grew for an international rescue package to avert another European debt crisis. The NYT reports.
European shares were set to open mixed Wednesday as worries over the debt situation in the euro zone persist and fears of monetary tightening in China because of the danger of inflation increased.
General Motors drives its massive IPO to market Wednesday, against a backdrop of worry about a China-led slowdown and the possible bailout of Ireland.
There were a lot of incorrect theories for the Dow's 178-point loss on Tuesday. Here they are, rebutted.
Worries about Europe sovereign debt are ‘overblown,’ Klaus Kleinfeld, the CEO and chairman of Alcoa told CNBC Tuesday.
Swiss bank UBS says customers may withdraw 15-40 billion Swiss francs ($15-41 billion) because of revised tax treaties between Switzerland and other European countries.
European shares were set to open lower on Tuesday as fears Dublin could seek money for its stricken banks from an EU emergency fund linger among investors.
The auto navigation device may soon begin to disappear, industry experts say, as satellite-tracking technology is absorbed into smartphones and automobiles. The New York Times reports.
After a thorough drubbing in the midterm elections, President Obama turned his attention to the G20 meeting in South Korea where the United States has always held sway.
The euro is likely to lose some of its strength over the short term, but if Ireland asks for bailout funding and establishes a clear mechanism of how it will work, some nerves in the markets will be settled, Richard Yetsenga, global head of emerging-markets currency strategy at HSBC told CNBC Monday.
The European Central Bank’s reluctance to consider further monetary easing exacerbates the problems the euro zone is currently facing, economist Nouriel Roubini told CNBC Thursday.
Patrick Honohan, Ireland’s central bank governor, on Wednesday put a “For Sale” sign over the country’s ailing banks, stressing that foreign ownership of the troubled sector was “not as far-fetched a scenario as it might appear to some”, reports the Financial Times.
Stocks could struggle to find firmer footing Wednesday, as the debate about the merits of more Fed easing continues to swirl.
The euro will see some downward pressure in the short term after peaking just below $1.4330, but expect to see another rally attempt before long, Roelof van den Akker, chartist at ING Wholesale Banking told CNBC on Tuesday.