Inequality within developed nations is often increasing. Here are the most unequal OECD economies according to Morgan Stanley.» Read More
More than two-thirds of respondents to the CNBC Fed Survey see the first interest rate hike coming in August, a month ahead of the prior survey.
Llamas weren’t the only things running wild on Thursday; “Mad Money” host Jim Cramer has a stock galloping higher.
Jim Cramer wants to be negative about what's happening in the market right now but with this evidence, he can't!
At Davos, António Pires de Lima, economy minister of Portugal, talks about sovereign bond-buying, saying he doesn't want Europe to face a Japanese deflation-style stagnation.
Here's how newspapers around the world reacted to Wednesday's attack at Paris' Charlie Hebdo magazine.
Get ready for another Greek debt crisis in Europe. But don't worry——this one will be different.
Bruno Maçães, Secretary of State for European affairs for Portugal, says the European Central Bank has delivered on its commitment to help the euro zone economy but further structural reform is needed.
After more than a year of interest rates across Europe moving lower in lockstep, the last 24 hours show a breakdown.
The rebuilding of Portugal's Novo Banco - the successor to Banco Espirito Santo (BES) after a state rescue last month - was dealt a blow on Saturday.
Portugal bailed out Banco Espirito Santo (BES), its biggest bank. Get used to seeing this.
The $6.6 billion bailout of Portugal’s largest bank poses a warning on exposure to “fragile” emerging markets, analysts have cautioned.
They are going to split this bank up into two banks - the "good" bank and the "bad" bank, reports CNBC's Michelle Caruso-Cabrera on the rescue of Portugal's biggest bank.
Edward Hugh, independent economist, says that the Banco Espirito Santo bailout raises the question of whether a debt restructuring will be needed and who would be "carrying the can".
Antonio Barroso, senior vice president at Teneo Intelligence, and Steen Jakobsen, chief economist at Saxo Bank, discuss whether there is more trouble ahead for Portugal's banking sector.
Portugal will spend 4.9 billion euros ($6.58 billion) to rescue its largest listed bank, testing the euro zone's resilience to another banking crisis.
The Espirito Santo dynasty totters amid a financial scandal that's threatened to re-ignite Europe's financial crisis. Global Post reports.
Philippe Bodereau, global head of financial research at PIMCO, says the problems associated with Banco Espirito Santo do not threaten the financial stability of euro zone banks.
The euro has remained stubbornly strong amid a slew of obstacles, and some analysts said the European Central Bank has kept it higher.
Portugal's Espirito Santo International, holding company of Banco Espirito Santo, said it has filed for creditor protection.
Alberto Gallo, head of European macro credit research at RBS, discusses the financial difficulties the Espirito Santo family of companies is facing and says that it is not a systemic situation for Portugal.