In Greece, "further economic weakness expected this year, partly driven by the global slowdown, can only make things worse also on the fiscal front," according to economists at Credit Suisse in London.
Dismal news is sending the euro tumbling - but that doesn't mean you should jump in on weakness.
I’ve got a few thoughts on this so-called Obama jobs plan, scheduled for release next week. For starters, let’s be clear: Government doesn’t create jobs. It’s the private sector that creates jobs. And that’s precisely what President Obama has been missing for nearly three years now.
If President Obama wants to create more jobs and fix the economy, he should "put down a marker" and fight the Republicans in Congress, Robert Reich told CNBC Thursday.
Brazil slashes interest rates and manufacturing reports disappoint in Europe and Britain — it's time for your Thursday FX Fix.
For the past three decades September has been dreadful for the stock market, Abby Joseph Cohen told CNBC Wednesday, but August was particularly volatile. Could that mean a better month ahead?
Nothing tells the story of August like the data. The DJIA is off by 4.7 percent month to date but the losses elsewhere show just what a difficult month it has been.
Pimco's manager in charge of the world's largest bond fund, Bill Gross, may have made a mistake when betting against US bond prices earlier this year, but the economy has deteriorated faster than anyone had appreciated, analysts told CNBC Tuesday.
The real safe haven currency is about to stand up, this strategist says.
"Last Tuesday, the White House unveiled its plan to reduce and reform federal regulations...I was hopeful the administration had heard the pleas of American business owners and was willing to confront the out-of-control regulatory environment. Unfortunately, it seems that once again the President’s rhetoric did not yield any real results," writes Rep. Graves.
Get ready for a bunch of demand-side economists to tell you that the post-Hurricane Irene rebuilding phase is actually a good thing for future economic growth. But don’t believe it. Who has it right?
The House Republican agenda this fall will focus on repealing environmental and labor regulations that GOP lawmakers say are driving up the cost of doing business and discouraging employers from hiring new workers.
The debt ceiling debate in Congress may be over but could the stalemate continue to weigh on the economy for years? Insight with Karen Dynan, Brookings Institution, and CNBC's Kate Kelly.
As the rain has moved past New York City and Long Island and wind gusts have subsided, it seems to me that we can learn some things from the experience that relate to the government's current handling of the economy.
The dollar is set to slide, and Poland's finance minister says the euro's on the edge — it's time for your FX Fix.
The eye of Irene made its way over the New York City Sunday, rolling directly over the borough of Queens, and though the storm unleashed intense rains and heavy winds on the city, it was downgraded to a tropical storm from a hurricane.
With speculation growing that the Fed could pull the trigger on QE3 next month and the ECB buying up bonds in the euro zone, analysts at ING in Amsterdam have been asking if it is possible for a central bank to go bust.
Hurricane Irene was the 'Perfect Storm' for insurers in a different sense of the cliche. The weakened storm that spared New York city from major damage gave the wealthy and rarely hit Northeast enough of a scare because of ominous weather forecasts leading up the storm that property insurers will be able to raise pricing even more next year, according to a Morgan Stanley analyst.
EU leaders yesterday rounded on the new Head of the IMF calling her comments on Europe 'misguided'. Christine Lagarde's assessment is certainly stark. The former French Finance Minister argues economies are now in a 'new dangerous' phase' that requires Europe's banks be forced to recapitalize in order to cut the 'chain of contagion'.
In Jackson Hole Wyoming on Saturday Jean-Claude Trichet, the president of the European Central Bank was due to give a speech to a meeting of policy makers hosted by the Federal Reserve. As he prepared to speak the euro zone faced huge problems.