Portugal's budget for 2016 was judged to be "at risk of non-compliance" with European Union rules.» Read More
Over the summer, we witnessed the ugliness and partisan-nature of politics as the debt ceiling debacle took place. The nation's balance sheet needs to be fixed.
European leaders talk and talk, and hot money cools toward Asia — it's time for your FX Fix.
Jim Iuorio, CME Group; Bernie Marcus, Home Depot co-founder/Marcus Foundation; CNBC's Steve Liesman & Rick Santelli discuss the inflation numbers, CPI, initial jobless claims, and the Empire Manufacturing Index.
Greece needs a collective effort by itself, the International Monetary Fund (IMF) and the rest of the euro zone members to resolve the crisis, according to Zhu Min, Deputy Managing Director, who spoke to CNBC from the summer meeting of the World Economic Forum in Dalian, China.
U.S. Treasury Secretary Tim Geithner will travel to Poland on Thursday for a meeting with euro zone finance ministers set for Friday and attempt to push them to show leadership and get ahead of the euro zone crisis.
News that Germany and France are ready to stand by Greece and avoid it leaving the euro helped stocks to rally following a conference call between Angela Merkel, Nicolas Sarkozy and Greek Prime Minister George Papandreou on Wednesday.
It seems that if consumers are most afraid of debt expansion, then more large government programs to “stimulate” the economy might heighten their fears and produce even more contractionary behavior (more saving, postponed buying) which could offset, even overwhelm, any expansionary power the new program might contain.
CNBC's Carl Quintanilla moderates a panel on real estate. Many real estate investors got torched during the financial crisis. Is now the time to come back to real estate, with Bill Ackman, Pershing Square Capital Management LP founder and CEO; Barry Sternlicht, Starwood Capital Group chairman & CEO; and Sam Zell, Equity Group Investments chairman.
Solutions and analysis of the biggest issue facing the U.S. economy: the country's crippling deficit, with CNBC's Steve Liesman; Jon Corzine, MF Global CEO; Damon Silvers, AFL-CIO director of policy and special counsel; Emil Henry, Henry Tiger, LLC; and Thomas F. Steyer, Farallon Capital Management, LLC, sr. managing member.
CNBC's Maria Bartiromo talks to Laurence Fink, BlackRock chairman & CEO; Pierre Lagrange, GLG Partners LP co-founder; Jim Leech, Ontario Teachers' Pension Plan; and Meredith Whitney, Meredith Whitney Advisory Group CEO, about America's place in the world as new economic powers rise in the East.
The BRICS turn the tables and the Belarussian ruble takes a dive - it's time for your FX Fix.
CNBC's Jim Cramer talks with Treasury Secretary Timothy Geithner about the global economy and what sovereign nations in Europe and around the world are doing to deal with the threat of default.. In this broad-ranging discussion, Geithner tells Cramer growth in the U.S. is weaker than he would like, largely due to the shocks of the past year. The political dysfunction in the U.S. & Europe only adds to the uncertainty, he says.
Prime Minister Silvio Berlusconi's government won a confidence vote on Wednesday in the lower house of parliament on a 54 billion euros ($74 billion) austerity package aimed at staving off financial crisis in Italy.
Markets around the world have been waiting for decisions from euro zone leaders on greater fiscal integration and euro bonds since July.
The US economy is going from bad to worse and will not fully recover until structural problems caused by the collapse of the housing market and the financial crisis are resolved, according to Capital Economics.
The US Treasury would effectively accommodate a possible Federal Reserve stimulus to drive down long-term interest rates, according to people familiar with the matter. The FT reports.
Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.
Investors will have to deal with an avalanche of news flow from Europe on Wednesday ahead of a crucial meeting of euro zone finance ministers and US Treasury Secretary Tim Geithner on Friday.
Watching the two GOP frontrunners in last night’s debate — Mitt Romney and Rick Perry — a couple of policy points jumped out at me.
Which members of the US Congress have the highest approximate net worth. Check out the list.