Crisis-hit states cannot return to external and internal balance without higher spending and inflation in the core, writes the Financial Times' Martin Wolf.
CNBC's Eamon Javers reports on the latest details of Eric Holder's potential resignation; and House representatives Charlie Rangel (D-NY) and John Mica (R-FLA), weigh in.
The stability of the global economy hangs in the balance as Greeks go to the polls this coming Sunday to choose who will lead their country.
Hersh Cohen, ClearBridge Advisors CIO & portfolio manager, explains how investors can protect their portfolio from partisan politics and profit from market uncertainty.
Donald Trump, Trump Organization chairman & president, discusses how JPMogan's Jamie Dimon mishandled the firm's trading losses; his plans for the Doral golf resort near Miami; building a major film studio; and the direction of oil prices if President Obama is re-elected.
The idea that taxpayers should be expected to bail out Europe’s ailing banking system is “ridiculous” and does not work, one expert told CNBC’s “Squawk Box Europe” Tuesday.
All 27 EU countries should submit their big banks to a single cross-border supervisor as part of a banking union to be enacted as soon as next year, the president of the European Commission has urged. The Financial Times reports.
The bailout plan for Spain was, eurozone officials argue, a robust answer to critics who accused EU leaders of consistently reacting too slowly, too late and with the least possible amount of cash in the face of a crisis spinning out of control, the Financial Times reports.
George Osborne has been warned by Tory MPs not to use the euro zone crisis as “an alibi” for Britain’s poor economic performance and to step up supply-side reforms to promote growth, the FT reports
Alexis Tsipras, leader of Greece’s leftwing Syriza coalition, seized on news of the Spanish bailout to bolster his position ahead of next week’s crucial general election, which may determine whether the country stays in the euro, the Financial Times reports.
Time after time during the European debt crisis, grand plans aimed at drawing a line under the problem have appeared to be behind market expectations. That may be changing.
A look at the U.S. markets ahead of the open, with CNBC's Kelly Evans, including U.S traders keeping an eye on banks in Spain, and Chesapeake Energy's annual meeting of shareholders.
Any Eurocrat trying to think up a PR campaign for battered Europe should watch TV tonight. Euro 2012, the football tournament that kicks off with Poland against Greece in Warsaw, offers a vision of the perfect Europe, the Financial Times reports.
House Speaker John Boehner discusses President Obama's policies, the crisis in Europe and the potential fiscal cliff. "The President's policies have failed, and as a result, he has turned to the politics of envy and divide," says Boehner, and he also explains why he thinks "extending all of the current tax rates would be the first big step in the right direction."
Chicago Mayor Rahm Emanuel (D), shares perspective on the state of the U.S. economy, Chicago's "diverse economy" and President Obama¿s policies.
David Cameron will tell Angela Merkel on Thursday that she needs to act now to bring the eurozone back from the brink of disaster – a message likely to stoke irritation in Berlin and other eurozone capitals, the Finanical Times reports.
Former Florida Governor Jeb Bush (R) discusses the state of U.S. debt, the political impact of Wisconsin Governor Scott Walker's win, and President Obama's leadership performance.
Russia’s parliament has passed a law imposing draconian fines on demonstrators, aimed at curtailing anti-Kremlin protests in a political crackdown following the return of Vladimir Putin as president last month, the Financial Times reports.
When officials in Brussels unveil new proposals on Wednesday to give the EU’s banking regulators summary powers to wind up failing banks – while keeping taxpayers off the hook – they will cast them as an “embryonic” version of the much vaunted “banking union”, the Financial Times reports.
After weathering the first two years of Europe’s economic crisis fairly well, some companies in the United States are warning investors that their sales on the Continent are slowing down, The New York Times reports.