Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans. What are some in-demand luxury goods that have been banned?
How do you explain the sovereign debt crisis in Europe and how it affects the world? If you're this political cartoonist-turned animator, you liken it to a disease and invent an animated drug, ContagionEx, to treat it.
The price of gold is due for a correction and this could be used as an entry point by investors eager to get exposure to the precious metal, while the dollar is likely to strengthen as there has been too much pessimism about it, famous investor Jim Rogers told CNBC Tuesday.
CNBC's John Harwood has an update on the GOP political race and Herman Cain's candidacy reassessment.
The Eurozone’s policymakers are running behind warnings, and warnings are running behind the crisis. Big Bazooka 2, bailouts, printing money, and Eurobonds are only partial solutions to systemic problems and too little too late.
President Obama says the European financial crisis is of "huge importance to our economy." If Europe is having difficulties, it's much more difficult for America to generate good jobs at home, he adds.
Rep. Barney Frank won't run for re-election in 2012. CNBC's Eamon Javers and Manu Raju, Politico, discuss.
Market chatter about a European recession is increasing but Christian Noyer, governor of the Bank of France, told CNBC on Monday that despite an expected weak fourth quarter, the French and Italian economies are not as bad as it seems.
After a week that saw stocks fall heavily and euro zone borrowing costs rise sharply, a report in the Italian press highlighted just how eager for some kind of action the market is.
Guess where we'll be getting our cues from this week. From the bond markets and the politicians! Tadaaa! Fantastic! So something new to look for then! Unfortunately...not the case. Glancing at the agenda, the most important political event to be aware of is the Euro group meeting of Finance Ministers on Tuesday.
The funding hole for European banks is deepening following a sharp fall in bond issuance this year as market turmoil leads to a region-wide credit crunch, the Financial Times reports.
More and more analysts looking at the euro zone predict that another recession is inevitable, as banking sector tensions combined with political wrangling over the debt crisis will depress consumer confidence further.
The euro zone's "garlic belt" states (Greece, Italy, Portugal and Spain) will have to endure deflation to catch up in competitiveness with the other, "butter belt" members, according to a report by research firm Smithers & Co.
The euro zone's formidable couple—Merkozy, as the media calls German Chancellor Angela Merkel and French President Nicolas Sarkozy—were on the brink of divorce more than once.
There is clearly a risk that the UK will head into recession in the final quarter of the year, the Bank of England's Monetary Policy Committee member Ben Broadbent told CNBC Thursday.
German Bunds extended losses on Thursday one day after a disappointing bond sale sparked fears the debt crisis was taking a toll on the euro zone's power house, but cheaper bond prices could lure investors back into the perceived safe-haven asset.
For all the supercharged attention leading up to the non-report from the congressional supercommittee on deficit reduction, it's hard to come to any other conclusion that — for now, at least — no one really cares.
It’s easier to celebrate Thanksgiving in Washington, DC - not only are we surrounded by the symbols of liberty and democracy, but the politicians all leave for home. Peace and dignity settle on our stunning parks and monuments, and residents are reminded that this is a magnificent place.
The euro zone has weapons to tackle the current debt situation, but will need to activate the EFSF with more conviction and larger scale for it to be effective, Sir John Gieve, former deputy governor of the Bank of England, told CNBC.
The euro zone will end up issuing joint Euro Bonds, which would help support weaker members, Irish Finance Minister Michael Noonan told CNBC Wednesday.