The U.S. needs a massive restructuring, but thus far the restructuring process has failed. It’s time for our political leaders to stop playing games and focus on the task at hand – restructuring the U.S.
Insight on why Sen. Pat Roberts (R-KA) is calling for a Senate hearing on the firm's collapse.
The deficit super committee discussions may be tortured, but your trading strategy can be simple, says this strategist.
Europe's debt crisis weighs on the market, and the U.S. deficit debate piles on - it's time for your FX Fix.
It is perfectly obvious that the euro zone cannot run as it is without fiscal union and a surrender of sovereignty, Lord Digby Jones, former director general at the Confederation of British Industry told CNBC Monday.
CNBC's John Harwood has the details on an official announcement expected from the Super Committee later today.
The crisis in the euro zone has exposed the flaws of the 17-member currency union, and its leaders will need to take urgent action if they want the euro to survive, Warren Buffett told CNBC on Monday.
The message from Germany is clear: there will be no bailout of the euro zone via monetizing debt through bond purchases by the European Central Bank. This stance, according to Chris Tinker, an equity strategist at Libra Investment Services in London, means higher borrowing costs acting as a mechanism for pushing through structural reforms.
Ireland is viewed by many on the outside as the best performer from the struggling euro zone peripheral economies, but there are plenty of voices within the country who doubt this can continue.
If a week is a long time in politics, two weeks covering affairs of state in Italy can seem like an eternity. Maybe that's why Rome got its moniker, but having covered the fall of Berlusconi and the rise of Monti's technocrats, there's some relief things moved along quicker than I and investors feared.
Instead of a super tax hike from the super committee, a much better option for the economy and budget-cutting credibility would be to implement plan B, which is the automatic spending-cut trigger known as sequestration.
The European Central Bank (ECB) should not be used as a lender of last resort to national governments, John Lipsky, the International Monetary Fund’s (IMF) First Deputy Managing Director, said on Friday.
Occupy London Stock Exchange demonstrators announced on Friday they had “repossessed” a building belonging to Swiss investment bank UBS in Hackney East London.
The austerity measures being rolled out in countries across Europe will have a devastating effect on the living standards of its population, an economist told CNBC Friday.
Analysts identified five main problems – among them, over-regulation and low productivity – the country needs to tackle to make its economy more competitive.
Congress has sent President Barack Obama a bipartisan spending bill that averts a federal shutdown, but widespread Republican defections underscore rifts between the party's conservatives and pragmatists.
Groucho Marx once said that money frees you from doing things you dislike. “Since I dislike doing nearly everything, money is handy,” said the Marx Brother.
"The solution for this crisis of the euro will be more economic governance at the European levels," Pedro Sanchez, the vice-president of the Spanish socialist party PSOE told CNBC ahead of difficult general elections. "Europe will never be the problem for the world or the member states, it will be the solution," he added.
Discussing insider trading on Capitol Hill, with Peter Schweizer, "Throw Them All Out" author.
How should you respond when suddenly, mid-sentence, your mind goes blank and you have your own Perry "Oops" moment? Here are three tips.