The U.K. will put "security first," the finance minister said. Plus, he scrapped plans to cut welfare payments to low-paid workers.» Read More
Europe is officially in crisis mode, but the euro is hanging tough. Here's how to prepare if uncertainty seems primed to rise on Monday.
Debating whether Herman Cain can move beyond the harassment charges, and refocus on his campaign. Also does Mitt Romney's new spending plan include enough spending cuts, and will the Tea Party support it? Michael Steele, former RNC Chairman; Jamal Simmons, The Raben Group; and Tony Fratto, Hamilton Place Strategies, weigh in.
President Obama said world leaders have made important progress at the G20 summit to put their economic recoveries on firmer footing, adding that all countries have an enormous stake in the outcome of Europe's debt crisis.
President Barack Obama discusses what is on the G20 summit agenda, including work to avoid another depression.
Kenneth Langone, Invemed Associates chairman/president, says people should stop complaining about what they want and work hard, adding that the Occupy Wall Street protesters are babies in adult bodies, not knowing what they want to be when they "grow up." He says that the lowered literacy rate in the next generation is blamed on family structure and students lack of discipline; with Ron Baron, Baron Capital.
Drama continues in Greece, as the opposition leader accuses Greek PM, George Papandreou of lying and calls for his resignation. CNBC's Carolin Schober has the details.
Will the Federal Reserve’s Ben Bernanke soon follow the European Central Bank’s Mario Draghi? In his first action as Jean-Claude Trichet’s replacement, Draghi cut the ECB target rate by a quarter percent to 1.25 percent from 1.5 percent. It was a surprise.
Discussing Greece's future, Europe's woes, and where's he's putting his money to work, with Mario Gabelli, GAMCO Investors chairman/CEO.
CNBC's Silvia Wadhwa has the details on new ECB chief Mario Draghi surprising the markets by cutting rates, and CNBC's Rick Santelli shares what the issues are surrounding the rate cut.
Barack Obama has called on world leaders to assist the euro zone in working out the details of its rescue plan so that it can be “fully and decisively implemented,” Dow Jones reported.
Tensions between Greek Prime Minister George Papandreou and Finance Minister Evangelos Venizelos are increasing the risk of a Greek government collapse, after Europe and the International Monetary Fund (IMF) warned the debt-laden country Wednesday that it will cut off its aid flow until a planned referendum is resolved.
The European council of heads of states have met 7 times this year and still have another meeting in the diary. Europe’s finance ministers have met 11 times and plan two more before the year is out.
George Osborne is looking at options to cut billions of pounds from next year’s benefits bill by scrapping inflation-linked rises, in a move that could trigger a fierce cabinet clash, according to the FT.
To cut or not to cut? The new president of the European Central Bank will make a decision sure to move the euro on Thursday.
Individual investors will be up against political gridlock as the economy grows slowly next year, prospects that may damp stock-market gains even if Congress pushes through a trillion-dollar budget cut.
Greece's referendum angers euro-zone leaders and the Fed meeting presses on the buck - it's time for your FX Fix.
António Horta-Osório, the chief executive of Lloyds Banking Group who joined the part-nationalised lender at the beginning of the year, is poised to step back from his role as chief executive due to health reasons, according to senior executives. The FT reports.