Euro Slips, Pound Trips, Asian Central Banks Intervene — it's time for your FX Fix.
Kenneth Langone, Geeknet CEO, discusses the outlook on a broad range of topics, including his prediction that GOP presidential candidate, Mitt Romney will win the White House in November, job creation in America, and solving the nation's debt problems.
“Very little of the bail-out money so far has gone to the Greeks. It has all gone to the bankers,” one analyst tells CNBC.
The leaders of France and Germany on Tuesday joined forces to urge Greece to reaffirm its commitment to membership of the eurozone, after François Hollande flew to Berlin for talks with Angela Merkel, German chancellor, within hours of being installed as French president. The FT reports
When Greece announced on Tuesday that it had made a €436 million bond payment to the hold-out investors who rejected the country's historic debt revamping deal in March, the decision came as no surprise, the New York Times reports.
The differences between President Obama and Mitt Romney on Medicare are stark, but both candidates agree that the other's plan would end the program as it now exists.
The risks of a Greek exit from the euro zone could include a spiral downward for the bloc that will include financial turmoil spreading to the rest of the euro zone’s peripheral economies, the chief investment officer of Citi Private Bank said on Tuesday.
CNBC's Michelle Caruso-Cabrera reports Greek political parties will participate in another round of talks tomorrow to try to form a coalition government.
Angela Merkel’s conservatives failed to win back power in Germany’s most populous state on Sunday in an election widely seen as a key test for the German chancellor and her austerity-driven crisis-fighting strategy.
Huge protests in Madrid, firebombs hitting tax offices in Italy, and voters in Northern Germany showing their anger toward an incumbent leader. Just another weekend in euro land, where the chances of economic recovery and political agreement on how to get there appear less likely by the hour.
Euro zone central bankers have talked publicly for the first time of managing a possible Greek exit from Europe’s monetary union as stalemate in Athens talks on a coalition government raises the prospect that Greece will renege on the terms of its international bailout, the Financial Times reports.
A preview of JPMorgan's CEO, Jamie Dimon's interview on "Meet the Press". Also, CNBC's John Harwood reports JPM's $2 billion banking blunder is drawing increased Congressional scrutiny, and debating whether it's time to break-up the big banks, with Rep. Brad Sherman, (D-CA); Rep. David Schweikert, (R-AZ); and Bill Isaac former FDIC chairman.
Spain will be offered more time to hit the budget deficit targets it agreed with the EU but only if Madrid meets new conditions, including an independent audit of the restructuring plan for its troubled banks. The FT reports.
As shares in Bankia slid further away from their listing price on Wednesday, questions were being asked about the wisdom of having created and floated the Spanish lender in the first place.
The European Central Bank is indebted to the hilt and is beginning to look like one of the banks it has done so much to save, according to the author Satyajit Das.
Will the Tea Party take over Congress in November? Sen. Jim DeMint, (R-SC) and Senate candidate, Richard Mourdock, (R-IN), weigh in on President Obama's policies, the U.S. economy and the nation's growing debt.
With the Greek drama continuing to unfold, this strategist has an out-of-the-way trading plan.
With the euro below its longtime trading range, this strategist thinks more weakness is in store.
America may start a new economic program called “austerity by inaction.” If this occurs, the United States may find itself in a new economic crisis.
Politics weigh on the euro and mortgage applications lift the dollar - it's time for your FX Fix.