MADRID, Nov 28- Spain's ruling party will cut income tax and create two million jobs over the next four years if re-elected next month, center-right Prime Minister Mariano Rajoy told a campaign rally on Saturday. Rajoy's People's Party is expected to win a Dec. 20 election but without securing a parliamentary majority. Spain's unemployment rate of 21 percent is...» Read More
It appears that 52 economists have urged the UK government to abandon the public spending cuts associated with its “Plan A” and move to a Plan B, which would involve halting the cuts and…not much else, it would seem, writes Moorad Choudhry.
Bank chiefs’ average pay in the US and Europe leapt 36 percent last year to $9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector.
British finance minister George Osborne will use a major speech on Wednesday to throw his weight behind recommendations that banks' retail arms should be ring-fenced from their investment banking operations.
Female business owners are more optimistic about the economy this year than they were last year, albeit cautiously optimistic, a new survey shows. Many expect to begin hiring in the next year.
Discussing the next steps in a bill that would preserve existing state right to work laws, with Sen. Lamar Alexander (R-TN)
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With the Swiss Franc sitting at a record high against the euro one analyst told CNBC.com that it could be time to bet against the safe haven currency.
Discussing whether 9.1% unemployment is the new reality of the US economy, with Rob McGovern, Jobfox CEO; Christian Dorsey, Economic Policy Institute; and Michael Farr, Farr, Miller & Washington.
For America to return to better days we have to start by thinking better of ourselves and hold ourselves to a higher standard.
After six straight down weeks, stocks could get rocked in the week ahead amid a slew of economic reports. "Sentiment is still falling," one strategist said, though added that it "hasn't dropped into panic territory."
The week's top business news and investment advice, including cyber security picks and earnings plays, with CNBC's Sue Herera.
Workers are getting more expensive, while equipment is getting cheaper, and that combination is encouraging companies to spend on machines rather than people, the New York Times reports.
Ever since the financial crisis of 2008 it feels as if markets are never that far away from another bad news story.
The Canadian dollar gets a lift, but risk sentiment is off. Time for your freak-out Friday FX Fix.
The bulls trotted gingerly back into the stock market and, if they stick around on Friday, the market could avoid a sixth week of losses. Still, one market strategist cautioned: "It is not the beginning of a new bull market rally."
CNBC's Silvia Wadhwa Says: Why Not Print Your Own Money?
For the U.S. to stay on top of competitive countries, such as China, more innovation in technology is necessary, says Frank Moss, "The Sorcerers and Their Apprentices: How the Digital Magicians of the MIT Media Lab Are Creating the Innovative Technologies That Will Transform Our Lives" author and Cory Kidd, MIT Media Lab graduate.
Economic data on both sides of the Atlantic pointing to a slowdown is rattling investors' nerves and is likely to keep them on the sidelines for the rest of the month, Barclays Capital expects.
As its European neighbours continue to struggle, Hungary, which turned down part of an International Monetary Fund/European Union loan last year, has won grudging international acceptance for its focus on job creation.