Greece names its first-ever female prime minister to head caretaker government.» Read More
The high-stakes fight in Wisconsin over union rights could have far-reaching effects on electoral politics in other states by helping solidify Republican power for years.
If previous EU responses to the euro crisis are any guide, investors should not be expecting a highly-coordinated, shock-and-awe approach like those we have seen from the US authorities.
The uprisings in the Middle East have been in part blamed on soaring food prices but one market watcher told CNBC those states with huge oil wealth should be better able to keep their people appeased by subsidizing food prices and other incentives.
Click to see international political scandals that raised eyebrows and kept the tabloids in wide circulation.
Protesters who have descended on Wisconsin's Capitol in hopes of halting a Republican effort to end a half-century of collective bargaining rights for public workers steeled themselves for a long fight, buoyed by Democrats' decision to flee to avoid the measure's near-certain passage.
The recent deal between BP and the Russian oil and gas giant Rosneft was a Faustian pact that was forced on the London-listed major by the Kremlin, William Browder, a well known Russia critic, told CNBC Tuesday.
Bundesbank president Axel Weber said a lack of political acceptance in the eurozone for his hawkish monetary views had driven his abrupt decision not to run. The FT reports.
It’s welcome news that the Obama administration proposes to wind down the mortgage giants Fannie Mae and Freddie Mac. Unfortunately, this news is coupled with something far less welcome—a proposal to recreate the government sponsored entities all over again.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Nat gas was down on the day, but remained above $5. Oil was up slightly on the day. And gold was up, as well.