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.
Debating whether New Jersey's republican governor, Chris Christie, will decide to enter the presidential race, with Barry Nolan, former Joint Economic Cmte Comm. director; Mark Simone, WABC Radio talk show host; and Dinesh D'Souza, The King's College president.
The present crisis of the Eurozone is a direct consequence of a half hearted, half considered, half explained and therefore half finished integration process, writes the former Prime Minister of Hungary.
The UK is likely to see more quantitative easing next week or at the latest by November, according to one economic advisor.
It is the policy that dare not speak its name: the printing press. The time has come to employ this nuclear option on a grand scale. The alternative is likely to be a lost decade, Martin Wolf writes in the FT.
Will Gov. Chris Christie change his mind and made a bid for the presidency? Tony Fratto, Hamilton Place Strategies partner discusses.
With more than 50 million people potentially in Hurricane Irene's path, residents along the US east coast stocked up on food and water and worked to secure homes, vehicles and boats.
"Policymakers are in control today and they are driving this car very erratically; they’re not even telling you what the destination is, especially in Europe; and instead of looking through the windscreen, they’re arguing among each other. It feels really volatile and unsettling," said Pimco's Mohammed El-Erian.