The Italian government has slashed its economic growth forecast for 2012, saying the eurozone’s third largest economy is now heading for a contraction of 2.4 per cent, twice as deep as it previously estimated. The FT reports.
After Monday's sudden drop in oil, is it time for new regulations on high frequency trading? Sen. Jack Reed, (D-RI), weighs in on what he expects to discuss at this morning's Senate hearing.
Indian opposition parties and shopkeepers launched a day of protests and strikes on Thursday against a rush of economic reforms by the Congress-led coalition government, which include cuts in diesel fuel subsidies and the liberalization of the retail trade. The FT reports.
François Hollande and Angela Merkel will seek to agree a joint position at a meeting on Saturday on the €35 billion combination of EADS and BAE Systems to create the world’s largest defense and aerospace company by revenue. The FT reports.
Security controls have caused the United States to close embassies and consulates in Libya, Tunisia, Yemen, Egypt and others as Middle East turmoil continues. Mark Steyn, author of "After America," provides perspective.
CNBC's Sharon Epperson takes a look what fueled Wednesday's dramatic slide in oil futures -- the biggest drop in two months -- and where prices could be headed from here.
"This QE3 -- has more language to it than it does money," says Jack Welch, Jack Welch Management Institute founder, discussing the latest round of quantitative easing from the Fed and its impact on jobs creation and business decisions.
Jack Welch, Jack Welch Management Institute founder, weighs in on the challenges facing Romney's campaign, and discusses what the GOP candidate needs to do to win. "He's got to take America and paint 2016, with him there and with Obama there," and compare and contrast his tax plan, views on regulations, and energy program.
Sen. Mark Begich, (D-AK), discusses what a delay in Arctic drilling means for the future of oil prices and exploration in the U.S.
CNBC's John Harwood breaks down the latest data on an NBC-Wall Street Journal poll that shows President Obama is gaining ground on some key issues.
Comments Mitt Romney made behind a closed-door fundraiser has gone public. CNBC's John Harwood reports the details and what it could mean for the November elections.
Barry Knapp, Barclays head of equity strategy, discusses Mitt Romney's chances of winning the upcoming presidential election.
CNBC's John Harwood reports how unrest in the Middle East is impacting the election.
Saker Nusseibeh, chief executive of Hermes Fund Manager, tells CNBC, that political risk is becoming a factor in Western markets in a way that it has not been for a long time.
European banks are failing to wean themselves off central bank money, even though steep falls in the cost of collateralised borrowing over the summer mean some now have the option of funding via public markets. The FT reports.
China's President-in-waiting has been missing for 13 days. Donald Straszheim, ISI; David Riedel of Riedel Research Group; and Richard Ross, Auerbach Grayson, discuss China's economy.
More monetary stimulus programs from the Federal Reserve or the European Central Bank will force Latin American currencies to over-appreciate, Chile Finance Minster Felipe Larrain told CNBC on Thursday.
Just how bad were negotiations over the country's deficit problems between the White House and Congress? According to Bob Woodward, Washington Post associate editor, worse than anyone could have imagined.
"The United States condemns in the strongest terms this outrageous and shocking attack, " exclaims President Obama, remarking on yesterday's attack on the U. S. Embassy in Libya; killing four Americans, including the American Ambassador. "Make no mistakes, we will work with the Libyan government to bring to justice the killers who attacked our people, he added.
Last week’s decision by the European Central Bank to make unlimited purchases of government bonds in secondary markets was both necessary and bold. Mario Draghi, the ECB’s president, deserves credit for having obtained agreement for this controversial step, against the sole, albeit significant, opposition of Jens Weidmann, president of Germany’s redoubtable Bundesbank. It is a pity that the ECB did not do this before the crisis in sovereign debt reached Spain and Italy. Yet this delay is not surprising: eurozone policy makers have, perhaps inevitably, done too little, too late.The FT reports.