Credit card companies are offering a number of incentives to attract wealthy customers as they seek to reduce exposure to the increasingly indebted low-income borrowers, the Financial Times reports.
Just when you thought the job market was improving, here's a new worry: Robots may take your job.
The German public opinion is increasingly against the idea of paying to save the weaker euro zone periphery member countries, Erik Nielsen, chief European economist at Goldman Sachs, told CNBC.
High commodity prices have an impact on general price inflation in the United States but there are also price pressures from imported goods, particularly from China, Dallas Federal Reserve Bank President Richard Fisher told CNBC Tuesday.
Fears that the world economy is facing another downturn are being overplayed, despite the political upheaval caused by recent unrest in the Middle East and the earthquake and subsequent tsunami in Japan, Jim O'Neill, chairman of Goldman Sachs Asset Management, said.
Most economic and market statistics are backward-looking. It's easy to spot the market downturn when looking at the graph – as long as it has already occurred. It's a bit trickier to forecast it in real time.
I am rather bullish about where things are heading, and the opportunities in our grasp when we are proactive and look for new ways to solve the problems we face in our economy, education and jobs.
Knee-jerk reactions to catastrophes often fall wide of the mark, Stephen King, chief economist at HSBC told CNBC.
"Somehow, my generation has earned a bad rap when it comes to money. We’ve been pegged as ‘generation debt,’ living at home with our parents while taking years to finish school, settle on a career, and choose a romantic partner. But that stereotype, it turns out, isn’t quite accurate," writes the author.
Jean Monnet, the father of European integration, once remarked that “Europe will be forged in crises, and will be the sum of the solutions adopted in crises.”
Did euro area policymakers finally pull a real live rabbit out of the hat? The headlines from Friday's summit are certainly impressive, advancing much quicker than expected and delivering the surprise of allowing the EFSF to intervene in the primary debt markets.
Congress unwittingly unleashed a third wave of quantitative easing (QE3) by stealth by refusing to raise the US Treasury’s debt ceiling, according to Paul Ashworth, US economist at Capital Economics.
SEC conflicts, economic data across continents and iPad fever. Here's some of what we’re watching — and therefore you should as well.
Amid a painfully slow job recovery, one of the great mysteries of this recession has been the disappearance of several million workers from the labor force. Until now, there’s been little data available on just who is leaving and who is entering the workforce. But CNBC received detailed data from the Bureau of Labor Statistics and crunched the numbers.
When I was an undergraduate studying economics, our political economy teacher used to ask us just how many different types of deodorant society needed.
You can’t beat a bit of Roman mythology on a Tuesday morning, so an article by Doug Kass, the president of Seabreeze Partners Management caught my attention.
The West is poorly positioned to handle this latest oil price scare. The buffers which typically limit downside economic risks are no longer working.
The crazy volatility of recent days strikes me as a market that is topping itself and is struggling. I'm still guessing we have a bit of a pull-back.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Perhaps the greatest mystery in the world of finance and economics is why Fed Chairman Ben Bernanke refuses to acknowledge that paper money creation by central banks produced the “global savings glut.”