Russia has yielded many leading industrial companies that rank among global leaders in mining, metallurgy, petrochemicals and telecommunications. Despite the rapid development of the regional economy and the strides made over the past 20 years, WTO membership promises to be an important catalyst for growth in the Russian market.
As investors prepare for another trading week, stocks are in risk mode on expectations that euro zone policy makers will do whatever it takes to preserve the euro.
Even as hundreds of thousands of German tourists head south for their holidays on the front line beaches of the euro zone crisis, the politicians and commentators left behind are indulging in an orgy of speculation about whether Greece can long last as a full participant in the common currency, the Financial Times reports.
Now's not the time to talk about breaking up the banks, Rep. Barney Frank (D-MA), told CNBC’s “Closing Bell” on Thursday. Frank was responding to former Citigroup CEO Sanford Weill’s call on Wednesday to separate commercial banks from investment banks.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
CNBC's Sue Herera and Sharon Epperson report on how the rebellion in Syria is impacting Iran and its oil supply. Alireza Nader, The Rand Corporation, offers insight. "There is a possibility, if Iran becomes more nervous and insecure, they will be less likely to compromise on the nuclear program," says Nader.
CNBC's John Harwood reports on the latest batch of attack ads hitting both presidential candidates.
Rep. Chris Van Hollen, (D-MD), discusses the necessity of a bipartisan balanced federal budget, and why it's important to close special interest tax loopholes and make targeted spending cuts.
Rep. Ron Paul, (R-TX) asks Fed Chairman Ben Bernanke to address the difference between inflation and deflation before the House Financial Services Committee.
Rep. Michael Capuano, (D-MA), wants to know if big banks should be held accountable if it's found that interest rates were intentionally manipulated, and what's a number that would prevent the economy from being thrown over a "fiscal cliff."
Rep. Ron Paul, (R-TX) wants to know about the secrecy surrounding the Fed's action in bailing out banks in Europe, and which branch of government has the authority to monitor monetary policy.
Soldiers danced in Pyongyang's plazas as North Korea announced Wednesday that leader Kim Jong Un was named marshal, a title cementing his status atop the authoritarian nation's military as he makes key changes to the 1.2 million-man force.
Fed Chairman Ben Bernanke delivers his opening statement on monetary policy and the state of the U.S. economy before the House Financial Services Committee.
The National Federation of Independent Business (NFIB) President and CEO Donald Danner accused the government of making it more difficult to start a business. This came after President Obama made a controversial comment in a campaign speech over the weekend.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow as Fed Chairman Ben Bernanke delivers his second day of testimony on Capitol Hill.
Sen. Chuck Schumer, (D-NY) urges the Fed to do whatever it needs to do to get the economy back on its feet and encourages Fed Chairman Bernanke to use whatever "tools" are at the Fed's disposal to "get to work" and get Americans back to work.
Trump Organization Chairman & President, Donald Trump provides his perspective on political attacks, Ben Bernanke's testimony on Capitol Hill, and how to prompt economic recovery and create jobs.
CNBC's Sharon Epperson takes a look at the factors behind oil's recent rally and how the surge will impact prices at the pump.
CNBC's John Harwood reports questions remain over Mitt Romney's time at Bain Capital, and political ads are already going negative as the campaign for the presidential election takes off.
The heat from three California bankruptcies in two weeks is fanning out like a late summer brushfire.