BERLIN— Germany's unemployment rate remained at 6 percent in November, as the labor market in Europe's biggest economy remained strong. The Federal Labor Agency on Tuesday reported 16,000 fewer jobless in November, with 2.63 million Germans unemployed. IHS economist Timo Klein said Germany's job market is growing, and has been bolstered by an increase in the...» Read More
A surprise dip in April existing home sales and weak regional manufacturing data supports the bearish view that the second quarter may prove weaker than expected.
Evidence is emerging that the damage wrought by the sour economy is more widespread than just a few careers led astray or postponed. Even for college graduates — the people who were most protected from the slings and arrows of recession — the outlook is rather bleak. The New York Times reports.
In Russian, we refer to risks as "underwater stones", the dangerous rocks lurking below the water’s surface that can sink a ship – or a stock portfolio. But the reality is that these underwater stones are never far below the surface, writes Dimitri Kryukov, chief investment officer of Verno Capital.
The shadow of the Winter of Discontent is looming over the UK again. Increasing unemployment, belt-tightening in the public sector, and a harder line from unions are ringing alarm bells for businesses.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Whether it's called QE3, QE Lite or some other nickname, market pros believe Fed Chairman Ben Bernanke will make sure the central bank remains ensconced in the market until the economy gets much better.
The sight of Dominique Strauss-Kahn, managing director of the International Monetary Fund and prospective candidate for the French presidency, doing the "perp walk" was stupefying. If the charges are true, this capable man is a lunatic. But, unless the case collapses, the event will cast a long shadow, according to the FT.
High gasoline and airline ticket prices may deter some Americans, but it may may be time to break from the austerity of recent years.
Whatever the outcome of the accusations of rape made against Dominique Strauss Kahn at the weekend, Marine Le Pen leader of France’s Front National was almost certainly right when she said that it marks the end of his campaign — or pre campaign — for the French Presidency.
Earlier today, I had the pleasure of interviewing former Speaker and now House Democratic leader, Nancy Pelosi. We’ve had several interviews down through the years. And while we’ve disagreed on a number of topics, I do have enormous personal respect for her.
High commodity prices will slow U.S. economic growth and raise inflation this year, but the Federal Reserve is not expected to start increasing interest rates before the first quarter of 2012, a survey showed on Monday.
French politicians are up in arms against proposals that would force those benefiting from state aid to do community service hours, which in the country's legal system are part of a list of punishments for those condemned for crimes such as damaging goods, petty theft or insulting the police.
Emotion needs to be off the agenda this week more than most. Just why are developed country sovereign bond yields quite as low as they are, given the fiscal deficit worries in so many of them?
Decisions by politicians on how to deal with debt on both sides of the Atlantic will be crucial to prevent another Lehman-style crisis, economists and analysts told CNBC in a debate about banking in the European Union and in the US.
Sperling took all those criteria and came up with a list of the top 10 cities for young people.
The two biggest risks to the US recovery are a genuine disruption of oil supplies or inept policy from Washington, according to Jim McCaughan, the CEO of Principle Global Investors.
Volatility is here to stay, the boss of French investment bank Natixis has told CNBC in an exclusive interview on Thursday.
UK Chancellor George Osborne told CNBC on Tuesday that Britain is an example to countries like Greece on austerity.
Europe’s recovery is on track, but reform of the financial services sector and strong policy action to improve the fiscal health of EU member states is needed in order to prevent future crises, the International Monetary Fund has said.
Mervyn King, the Governor of the Bank of England, made it clear to the market on Wednesday that UK rates would have to rise at some point.