Former Rep. Nan Hayworth, (R-N.Y.), and former Rep. Harold Ford, (D-Tenn.), discuss the resignation of DNC party leader Debbie Wasserman Schultz as Democrats gather in Philadelphia to formally endorse Hillary Clinton as their presidential nominee. » Read More
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.
So, Gov. Chris Christie gracefully, elegantly, and forcefully decided to stay out of the race.
New Jersey Gov. Chris Christie announced at a news conference Tuesday that he will not run for president in 2012.
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.
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.
During the debt-ceiling debacle, Washington pushed the U.S. economy close to an abyss. Now it is risking US-Chinese relations.
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.
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.
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.
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.
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.”
U.S. inflation will drop towards 2 percent, Richard Fisher, Dallas Federal Reserve Bank president, told CNBC Monday.
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.
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.
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.
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 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.
Double-dipping has become a hot topic during these times of severely strained budgets. Yet even as some states have begun curbing the practice, a new national report found tens of thousands of state and local employees drawing government salaries along with their pensions.
Occupy Wall Street has no appointed leaders, no expiration date and still-evolving goals and demands, the New York Times reports.
President Obama and his House Republican adversaries feuded over how to best create jobs in the weakened U.S. economy Saturday, with Obama demanding Congress pass his $447 billion jobs bill and the GOP countering with a call for less government red tape.