Weighing a presidential run, Joe Biden says the only question that matters is whether his family can "undertake an arduous commitment."» Read More
The euro will collapse as a currency unless lawmakers, and especially Germany, can agree a common European tax regime and restructure some sovereign debt, a leading market analyst told CNBC.com after the European Central Bank intervened in the markets.
Lost in the whirlwind of the epic debt ceiling debate is the absence of attention to the usual mid-summer White House report resetting the Administration’s economic assumptions and fiscal outlook.
Whether it’s the uncertainty of the new health care provisions, the plethora of proposed regulations included in Dodd-Frank, or the current budget and debt debate — one thing is for sure: small business owners are faced with an unprecedented amount of uncertainty.
The price of gold could almost double as central banks' reserves are depleted, according to the chairman of a gold industry association.
The CEO of Italy’s biggest bank told CNBC that despite that country's high debt levels, the country is rich enough to cover its national debt.
It was billed as one of the most important speeches of Silvio Berlusconi’s political career, amid a crisis that threatens to engulf Italy and the euro zone. Unfortunately when he stood in front of lawmakers, his pledges on boosting growth offered very few details and led to skepticism from analysts.
UBS threatened to scale back its presence in London if the government followed advice from a heritage body that effectively blocked the redevelopment of its City of London headquarters, reported the FT.
MF Global responds to reports that the company's CEO, John Corzine, may be next in line to run the Treasury Department, saying he's received no offer.
Is it possible that former U.S. Senator and current MF Global CEO John Corzine could return to Washington, this time as Treasury Secretary? CNBC's John Carney & John Harwood discuss the likelihood.
There is something you should know about the deal to cut federal spending that President Obama signed into law on Tuesday: It does not actually reduce federal spending, the New York Times reports.
For Angela Merkel there are few things which are as set as her summer holidays. She always leaves Berlin for two weeks with her invisible husband for a hiking holiday in the Tyrol Alps.
A Swiss rate cut dents the franc and Europeans go shopping — it's time for your FX Fix.
Events on Wednesday could prove crucial to attempts to again come to grips with the European debt crisis, after Italian borrowing costs hit a 14-year high on Tuesday.
The economy is in big trouble, and the world’s central banks may be running out of ways of turning it around, according to Carl Weinberg, chief economist at High Frequency Economics.
The US is likely to see its debt downgraded by the credit rating agencies, despite the passage of a bill to raise the country's debt ceiling on Monday, analysts told CNBC.
The bear market is on its way back, economist and contrarian investor Marc Faber, the editor and publisher of The Gloom Boom & Doom Report told CNBC Tuesday.
Fitch's triple-A rating on U.S. debt is safe—for now—but that could change if "fundamental weakness" in the economy isn't addressed, Fitch's head of sovereign ratings said on CNBC.
The debt ceiling debacle and the latest Greek bailout deal are almost behind us, but euro and dollar investors still aren't happy.
The U.S. Senate on Tuesday approved a last-minute deal to raise the U.S. borrowing limit to avert a catastrophic debt default by the world's largest economy.
The dollar will face months of weakness in the run up to the U.S elections next year, David Bloom, global head of foreign exchange strategy, HSBC told CNBC Tuesday