We have noted in the past how an inability to apply objective analytical thought is a recurring theme in history, usually condemning the unfortunate subject to failure. The weight of history is on us once again, with the slowly changing status of the US dollar as the world’s de facto reserve currency, writes Moorad Choudhry.
On Thursday morning, French youth who took the test were asked “Is equality a threat to liberty?”, “Can one be right despite the facts?” or even “Is art any less necessary than science?”
Citigroup’s attempts to sell OneMain Financial, the largest US consumer finance company, have stumbled over concerns among potential bidders about its funding as a standalone business, reports the FT.
Markets took a tumble on Thursday on fresh worries about the Greek debt crisis and European policy makers were urged to come up with a credible plan to restructure the country's debt.
US Treasurys may not be such a good bet for investors as yields have dropped too low and questions remain on whether the Federal Reserve will continue to print money after its current round of quantitative easing ends, analysts told CNBC.
Worries about the economy pose a serious threat to President Obama’s re-election chances, according to a new NBC News/Wall Street Journal poll.
The inflation data for May is up .2 percent and CPI is up .3 percent. Insight on what this means for the markets, with Jerry Webman, Oppenheimer Funds; Byron Wien, Blackstone; CNBC's Rick Santelli & Steve Liesman.
Consumer spending has weakened. Hiring has slowed. Stocks have slid. As tends to be the case in the long aftermath of a financial crisis, the economy once again needs help. And the debt talks have become the best opportunity for Washington to provide that help, the New York Times reports.
The commodities bubble is not set to burst, and any easing off of copper prices will be temporary, Stephen Twyerould, CEO of Excelsior Mining told CNBC.
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.