NEW YORK, March 14- The yen rose on Friday, poised for its biggest weekly gains in more than a month against the euro and the dollar as traders flocked to it on growing tension in Ukraine and fears about the health of the Chinese economy.» Read More
By and large, big blue-chip companies are executing well and have very strong balance sheets. In fact, the debt of several large-cap US multi-nationals is yielding less than like-duration US Treasury bonds. This is the first time in history this has happened.
Corporate earnings in the U.S. have largely been overshadowed by ongoing concerns over public debt in the European continent. But if one takes the time to look past events overseas and focus on earnings numbers from U.S. firms, most have surprised on the upside.
Germany and France can't borrow or tax enough to cover all the debts of their southern neighbors.
Europe can survive the current economic crisis if its leaders make good on commitments to turn their economies around, Treasury Secretary Geithner told CNBC Wednesday.
The International Monetary Fund (IMF) has published its detailed economic analysis of the Greek restructuring program. It makes for truly grim reading.
Germany's ban on kinds of naked short selling will have no effect on investors' ability to bet on declining prices, analysts told CNBC.
Current efforts to reform financial regulation are “cosmetic” and won’t prevent another crisis, economist Nouriel Roubini said Tuesday.
Pete Najarian is more bearish than he's been in a long time. "Across the board many names look ready to break," he says.
As the Flash Crash in U.S. equity markets May 6 illustrated, problems in Greece can have grave consequences for not merely other Mediterranean economies and Europe, but U.S. and the broader global economy.
Stocks Tuesday continued the comeback that began in late trading Monday: Investors liked potentially oversold markets and seemed less anxious over the European debt crisis. Art Cashin, director of floor operations at UBS Financial Services, shared his market outlook.
I have spent the last 20 years of my life covering Wall Street, and I know there are plenty of good and decent investment advisors who do put their clients first. I also know that, as with any industry, there are less-than-honorable players just out to make a buck.
As Greece gets its first instalment of aid from the European Union Tuesday, investors and traders are concerned about the fiscal strength of the other PIIGS: Portugal, Italy, Ireland and Spain.
The euro is set to continue its recent sharp declines against the dollar and could fall to between $1.18 and $1.15, Roelof van den Akker, senior technical analyst from ING Commercial Banking told CNBC Tuesday.
The stock markets' March 2009 lows could be tested and even broken as sovereign debt continues to grow in Europe and stimulus measures wane, Philippe Gijsels, head of research at BNP Paribas Fortis global markets, told CNBC.com Tuesday.
European finance ministers meet in Brussels Tuesday and much of the talk will focus on how the sinners can be punished.
Call it the eurozone two-step. That’s what the euro nations in distress will be asked to dance on Tuesday as their ministers present their recovery plans to the body of 16 eurozone finance ministers engaged in an emergency meeting in Brussels.
The Dow has seen 11 triple-digit moves in the last 14 trading sessions. Should investors expect another volatile trading session ahead? Mike Holland, chairman of Holland & Company, and Joseph Quinlan, chief market strategist at U.S. Trust, shared their market outlooks.
A strong and steady King Dollar is always essential to overall free-market prosperity and economic growth. But a wildly fluctuating greenback is not.
The euro slid to a four-year low on Monday amid persistent Eurozone sovereign debt worries. How will it affect markets today? Art Cashin, director of floor operations at UBS Financial Services, and Peter Costa, president of Empire Executions and a CNBC market analyst, shared their insights.
A new government is formed in Europe and problems ensue. They check the books from the outgoing administration and discover things are worse than they knew. If this sounds familiar, it should as this is what happened in Greece. It is now occurring in the United Kingdom.