Charles Evans, Federal Reserve Bank of Chicago says more quantitative easing is needed because the economy is going sideways and jobs are in recession, with CNBC's Steve Liesman.
No doubt Alan Krueger reputation as one of the leading labor economists is what led President Barack Obama to tap him to be chairman of the White House Council of Economic Advisers.
The House Republican agenda this fall will focus on repealing environmental and labor regulations that GOP lawmakers say are driving up the cost of doing business and discouraging employers from hiring new workers.
Battered by a weak economy, the nation’s biggest banks are cutting jobs, consolidating businesses and scrambling for new sources of income in anticipation of a fundamentally altered financial landscape requiring leaner operations, the New York Times reports.
You take a $2 million hit to your budget. Who ewe gonna call? Baaaaa, you call in the sheep, of course!
Federal Reserve Chairman Ben Bernanke may be willing and able to provide more monetary stimulus for the U.S. economy, but the more effective medicine—fiscal aid out of Washington—isn’t in the wings, say economists.
A breakdown of the unemployment data and the response from the markets, with Jason Trennert, Strategas Asset Management; Jim Iuorio, TJM Institutional Services; CNBC's Rick Santelli & Steve Liesman.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
The other day a manager called for some advice. She wanted her employees to take more initiative and be more resourceful, but for some reason, they didn't get it.
The important thing now is to get the economy moving and get people back to work, says Rep. Chris Van Hollen (D-MD), who adds that it needs to be coupled with a long-term deficit plan.
On July 21, EU leaders agreed to a second bailout for Greece, one that was supposed to draw a line under the euro zone debt crisis and give the new government in Athens a chance come to grips with the huge debts it inherited when it was elected. One month later, and the situation appears to be getting worse rather than better, according to Simon Derrick, the head of currency research at Bank of New York Mellon.
"I think the German PMI announcement will have an impact on spread widening, because investors will see it as an indication that the world is slowing, Germany is slowing, and in general, risk is increasing," Adrian Schmidt, FX strategist at Lloyds Bank Corporate Markets, told CNBC.
Predictablity on the global political stage is failing to allay market uncertainty, says Vince Farrell.
Being smart certainly gives you an edge in business. But there’s one thing the boss appreciates more than a high IQ. It’s not being a snappy dresser. Or having a killer instinct. (Though, those things can’t hurt.) Here's what it is.
The promise of green jobs has wilted. Don't lose heart. More of us may soon be forced to go green.
American consumers have too much debt, not enough savings, and are afraid they will lose their jobs—if they haven't lost them already. It might be time for something that hasn't been done since the 1930s to get Americans spending again: national debt forgiveness, Stephen Roach told CNBC Monday.
Despite the widespread gloom, the consensus is that Britain will not re-enter a recession, Norma Cohen writes in the FT.
Spain will announce further austerity measures on Friday in a bid to fend off debt market attacks but avoid the kind of drastic cuts that could damage the ruling Socialists' chances in November's general election.
The “Euro bond” solution to the euro zone’s sovereign debt problems appears to be an idea whose time has come, Moorad Choudhry writes.
Seeking a jolt for the economy, President Barack Obama will lay out new ideas for speeding up job growth and helping the struggling poor and middle class in a major speech in early September, a senior administration official told The Associated Press.