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Mario Draghi warned of the costs of a euro zone break-up, breaching a taboo for a president of the European Central Bank, in an interview with the Financial Times.
The governor of France’s central bank has said Britain is more deserving of losing its top-notch credit rating than France as Paris braces itself for a potential downgrade of the country’s triple A status.
Which GOP candidate will win the heart of conservative voters in 2012? Keith Boykin, former Clinton White House aide; Ann Coulter, syndicated columnist; and James Pethokoukis, AEI economic columnist, discuss.
The House has passed a $1 trillion-plus catchall budget bill paying for day-to-day budgets of 10 Cabinet departments and averting a government shutdown.
As long as financial problems in Europe and the U.S. continue, the market will remain flat and investors will remain nervous in 2012, the head of Raymond James Financial told CNBC.
An extended bank holiday in the European Union to halt a steep market fall, a third party candidate winning the race for the White House, and 50 European banks being nationalized are just a few of Saxo Bank's "outrageous predictions" for 2012.
European markets have a mostly green day after upbeat U.S. economic data -- insurance stocks are among the day's best performers. Credit Agricole falls after Fitch downgrades its long-term rating. Italy calls for a Friday confidence vote in effort to speed up austerity passage. And the IMF's Christine LaGarde says the world economic outlook is "quite gloomy" and requires action by countries outside the EU. Henry McVey, KKR head of global macro and asset allocation, discusses his investment strategy for a tu
Insight on why printing money is not the way to solve global debt problems, according to Julian Robertson, Tiger Global Management, who says Mitt Romney has the right economic plan to lead the nation.
Italy's government has called for a vote of confidence on an austerity package aimed at persuading markets that Italy can get its finances under control to emerge from the spiraling debt crisis.
European markets rebound, although euro zone concerns remain. Manufacturing data continues to contract. Meanwhile, Spain finds strong demand for bonds even as yields on the 5-year fall. And the euro hits an 11-month low against the dollar.
Robert Costa, National Review reports House leader, Rep. Paul Ryan is going after GOP frontrunner, Newt Gingrich, and discussing Mitt Romney's conservative credentials, with Jen Psaki, former White House deputy press secy; Tony Fratto, CNBC contributor; and Bob Walker, Wexler & Walker executive chairman.
Rep. Charlie Rangel, (D-NY), and Rep. Jeff Flake, (R-AZ), discuss what it will take to break the deadlock in Congress on extending the payroll tax cuts.
Are Republicans prepared to extend unemployment benefits, if the Democrats agree to the Keystone pipeline? Discussing the ongoing payroll tax stalemate on Capitol Hill, with Sen. Mitch McConnell, (R-KY).
Housing may have been the catalyst for the Great Recession, but it is not number one on America’s fix-it list for our next President.
Discussing the Senate's push for a payroll tax bill, with Sen. Bob Corker, (R-TN), who says the payroll tax holiday is not good public policy and the nation will see the effect on social security over time.
Although unemployment was steady at 8.3 percent in the Organization for Economic Cooperation and Development area, youth unemployment, at 17.2 percent, is high and likely to go higher, Stefano Scarpetta, deputy director for Employment, Labor and Social Affairs at the OECD, told CNBC.com.
Dodd-Frank and other costly regulations are punishing businesses, keeping them from expanding and creating more jobs, hedge fund investor Ken Langone told CNBC Tuesday.
Mitt Romney’s experience at Bain Capital is being searched by his critics for ammunition in the presidential campaign, and by others for clues as to how he would perform as president, the New York Times reports.
As the truth dawns in Greece and other weak euro zone economies that the price for remaining bound to the single currency will be more hardship and sacrifice, a growing number of legal and financial experts — to say nothing of the Greeks themselves — are examining in detail what would happen if Greece abandoned the euro. The NYT reports.
Taken into consideration the multitude of crises in the Eurozone, what did the Summit actually achieve?