Congress Political Leaders

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  • Gold

    The price of gold could almost double as central banks' reserves are depleted, according to the chairman of a gold industry association.

  • Statue and Italian Flag in front of Vittorio Emanuele monument.

    The CEO of Italy’s biggest bank told CNBC that despite that country's high debt levels, the country is rich enough to cover its national debt.

  • Silvio Berlusconi

    It was billed as one of the most important speeches of Silvio Berlusconi’s political career, amid a crisis that threatens to engulf Italy and the euro zone. Unfortunately when he stood in front of lawmakers, his pledges on boosting growth offered very few details and led to skepticism from analysts.

  • UBS

    UBS threatened to scale back its presence in London if the government followed advice from a heritage body that effectively blocked the redevelopment of its City of London headquarters, reported the FT.

  • MF Global Responds

    MF Global responds to reports that the company's CEO, John Corzine, may be next in line to run the Treasury Department, saying he's received no offer.

  • Corzine Back to D.C.?

    Is it possible that former U.S. Senator and current MF Global CEO John Corzine could return to Washington, this time as Treasury Secretary? CNBC's John Carney & John Harwood discuss the likelihood.

  • President Barack Obama

    There is something you should know about the deal to cut federal spending that President Obama signed into law on Tuesday: It does not actually reduce federal spending, the New York Times reports.

  • Protestors escape tear gas fired by policemen in Athens.

    For Angela Merkel there are few things which are as set as her summer holidays. She always leaves Berlin for two weeks with her invisible husband for a hiking holiday in the Tyrol Alps.

  • A Swiss rate cut dents the franc and Europeans go shopping — it's time for your FX Fix.

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    Events on Wednesday could prove crucial to attempts to again come to grips with the European debt crisis, after Italian borrowing costs hit a 14-year high on Tuesday.

  • global_economy2.jpg

    The economy is in big trouble, and the world’s central banks may be running out of ways of turning it around, according to Carl Weinberg, chief economist at High Frequency Economics.

  • President Obama and Speaker of the House Rep. John Boehner

    The US is likely to see its debt downgraded by the credit rating agencies, despite the passage of a bill to raise the country's debt ceiling on Monday, analysts told CNBC.

  • Dr. Marc Faber

    The bear market is on its way back, economist and contrarian investor Marc Faber, the editor and publisher of The Gloom Boom & Doom Report told CNBC Tuesday.

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    Fitch's triple-A rating on U.S. debt is safe—for now—but that could change if "fundamental weakness" in the economy isn't addressed, Fitch's head of sovereign ratings said on CNBC.

  • stressed_businessman3_200.jpg

    The debt ceiling debacle and the latest Greek bailout deal are almost behind us, but euro and dollar investors still aren't happy.

  • President Barack Obama

    The U.S. Senate on Tuesday approved a last-minute deal to raise the U.S. borrowing limit to avert a catastrophic debt default by the world's largest economy.

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    The dollar will face months of weakness in the run up to the U.S elections next year, David Bloom, global head of foreign exchange strategy, HSBC told CNBC Tuesday

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    South Korea diversifies reserves away from the dollar, and Australia's central bank stays pat — it's time for your FX Fix.

  • Swiss Francs

    As jittery markets pushed the euro below the 1.10 level against the Swiss franc for the first time ever on Tuesday, the headache for the Swiss National Bank (SNB) over its limited options to fight the strong franc is turning into a chronic migraine.

  • Recession-themed newsprint cuttings

    The current low rate of GDP (gross domestic product) growth in the United States indicates that the world's largest economy is headed for another recession, according to Anthony Doyle, Director of Investment Specialists M&G Investments.