Portugal's budget for 2016 was judged to be "at risk of non-compliance" with European Union rules.» Read More
When Americans of the 99% Tribe say they are occupying a place, what they are really claiming is not the real estate (though real estate, often of the soaking, underwater variety, may be at the heart of their collective cri de coeur.) What’s being occupied is not an external place – or not just – but an internal one.
As markets have been rebounding on euro hopes, the eurozone leaders have been debating a plan that should satisfy the financial markets. The hope is futile. A comprehensive plan does not exist. The eurozone crisis will get worse before it will get better.
Negotiators remain divided, however, on the issue of what will happen to the remaining 50 percent of the current outstanding 205 billion euros ($284.9 billion) of debt load.
America is in the midst of physical decline. Decades of infrastructure neglect are eroding centuries of economic progress. Call it: The Great Regression.
With France's economic growth outlook fast deteriorating, President Nicolas Sarkozy increasingly has little choice but to launch a new round of belt-tightening six months from a presidential election.
Congratulations and commiserations: next week, you will take up one of the most important central banking jobs in the world; but you will also bear a frightful responsibility. The FT reports.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Eurozone leaders were struggling on Tuesday to reach agreement on a much-anticipated deal to reverse their spiralling debt crisis amid mounting signals a definitive agreement would not be reached at a key summit on Wednesday night. The FT reports.
Herman Cain is on a roll. The former CEO of Godfather's Pizza leads the pack in the latest CBS-New York Times public opinion poll among GOP presidential candidates. He's also building a reputation for having the most offbeat internet campaign ads.
"The best way I can address this movement and the injustices I see around me is through my own experience," and with that this author shares her story of her loss and why she's grateful for the Occupy Wall Street movement.
Imagine that you are a small business owner who has a thin two to five percent profit margin during a tough economy and are trying to avoid laying off workers. On top of this, the federal government will begin keeping 3% of the money it owes you until the Internal Revenue Service acknowledges – months or years later – that you had already been paying your taxes. Although Halloween is just around the corner, this isn’t just another scary story.
Texas Gov. Rick Perry, seeking to jump-start his GOP presidential campaign with a 20 percent flat tax, said “I don’t care” if his plan gives millions to wealthy Americans because he says it will accelerate economic growth.
"President Obama is taking action." At least that's what the blog on the WhiteHouse.gov says today in describing the president's trip to Las Vegas. "We can't wait to help homeowners," it goes.
"When I look at Zuccotti or McPherson or Grant Park, I’m not surprised the Occupiers don’t have a fixed agenda, writes the best-selling author," adding, "For decades, we’ve been like a tether ball in a schoolyard, pummeled by so much abuse from so many different directions that we’ve just spun around in circles. Now, the Occupiers are stopping the ball."
Filmmaker Michael Moore shares his views on the movement to occupy Wall Street. "Don't the American people deserve their answers and some justice?" he says. "People are in Wall Street because this is the core of the problem."
The currency markets have been all about Europe all week long. Here's a way to trade the upcoming debt-crisis meetings.
CNBC's John Harwood with a look inside the numbers of two competing flat tax plans from Rick Perry and Herman Cain.
This is part of an on-going series of blog posts to hear from those involved with Occupy Wall Street; what they're about, what they want and how they want to see the country improve.
"We're in a situation, if you were scripting a disaster movie, you really couldn't build the tension better," one analyst told CNBC.
The debt crisis afflicting the euro zone is a condition that can be delayed but ultimately cannot be resolved, David Murrin, chief investment officer at Emergent Asset Management told CNBC.