Congress Political Leaders

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  • Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    When chancellor of the exchequer, George Osborne, got up to speak at the Conservative party conference on Monday, he knew he had to tread a fine line between optimism that the British economy could recover and wasn’t going to fall into a "double-dip" recession, versus facing down calls from the Liberal Democrats to ease public spending cuts and those on the right of his own political party calling for an end to the 50p tax rate at the very least.

  • Spain

    As the Spanish economy fails to drag itself out of the mire created by its debt burden, its Employment Minister Valeriano Gomez admitted to CNBC that it would likely miss growth targets this year.

  • GOP Presidential Candidates Participate In Debate In Tampa

    After months of turmoil and uncertainty, the Republican 2012 presidential race finally appears to have a settled field of candidates — with Mitt Romney solidifying his perch at the top of the pack.

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    The euro zone was launched on a wing and a prayer. The wing has fallen off and the deities are not listening to prayers. Everyone focuses on averting a crash. But it is as vital to ask how to fly securely, the FT reports.

  • New Jersey Governor Chris Christie

    So, Gov. Chris Christie gracefully, elegantly, and forcefully decided to stay out of the race.

  • New Jersey Governor Chris Christie

    New Jersey Gov. Chris Christie announced at a news conference Tuesday that he will not run for president in 2012.

  • global_currency_200.jpg

    The 17 families meeting the last few days — and I can't remember if it was the EU, the ECB, the IMF, the EIB, CIA, FBI or what- decided to make no decision except to cancel the meeting scheduled for October 13, and meet in November.

  • greece_church_flag_200.jpg

    The euro ministers are working on a restructuring for Greece that includes much larger haircuts for the private sector and that they don’t want to make a payout until this is settled.

  • globe_currency_200.jpg

    During the debt-ceiling debacle, Washington pushed the U.S. economy close to an abyss. Now it is risking US-Chinese relations.

  • Commerce Secretary: Trade Bills Good for Jobs

    Explaining why free trade deals open up economies and create billions of dollars in exports, therefore creating jobs in the U.S., with Rebecca Blank, acting Commerce Secretary.

  • Recession-themed newsprint cuttings

    More than two thirds of business managers feel that a UK recession is now likely to happen with business confidence at a low, according to a new report.

  • european_union_crack2_200.jpg

    The chances of the US being able to help bailout Europe are minimal because of weaknesses in the American economy, influential Citi banker William Rhodes told CNBC Tuesday.

  • Market's Hopes Rest on Germany: Kyle Bass

    Legendary hedge fund manager Kyle Bass is featured prominently in Michael Lewis' new book, "Boomerang." Lewis explains what markets want from Germany in its handling of the European debt crisis, with Mark Dow, Pharo Management.

  • Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    The UK’s finance minister, Chancellor of the Exchequer George Osborne vowed to continue the coalition government’s austerity program on Monday telling delegates at his Conservative party’s annual conference in Manchester, UK, that Britain would “ride out the storm.”

  • Richard W. Fisher, president of the Federal Bank of Dallas

    U.S. inflation will drop towards 2 percent, Richard Fisher, Dallas Federal Reserve Bank president, told CNBC Monday.

  • UK's Osborne Must Delay Action: Director

    The UK's Chancellor of the Exchequer, George Osborne, must wait to see what the economy does over the next few months before taking any more major steps, Vicky Pryce, senior managing director at FTI Consulting, told CNBC, prior to the minister's speech at the Conservative's annual conference in Manchester.

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    As the enlargement of the European Financial Stability Facility (EFSF) draws nearer, opinion is still divided on whether changes to the bailout fund will be enough to stench the flood of problems facing the eurozone.

  • Bank of France governor Christian Noyer leaves the Elysee Palace after a meeting with French President Nicolas Sarkozy about the financial crisis.

    European Central Bank member Christian Noyer said on Monday it is unrealistic to expect an increase in Europe's bailout fund beyond what was agreed in July, but that he is open to schemes that would allow leveraging to expand capacity.

  • Chinese Yuan and US Dollar

    After years of trying, Congress is taking another stab at retaliating against what many see as Chinese manipulation of its currency to make its exports to the United States cheaper and U.S. goods more expensive in China.

  • greece_athens_academy_200.jpg

    Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF.