The US economy can still grow by as much as 2.5 percent this year without a third round of quantitative easing, despite a raft of bad economic data, Rajiv Biswas, chief economist at IHS Global Insight told CNBC on Monday.
As euro zone politicians scramble to bring Greek public finances back under control, the question of how much the European Central Bank will lose if they fail to avert a default has taken on greater importance, reported the FT.
At the world economic forum in 2009 one leading economist told me he was perplexed. Why would an economist be perplexed as the world economy teetered on the brink you ask? Well it had nothing to do with the state of the global economy and everything to do with supply and demand.
The market had been expecting Friday’s US jobs data to be weak but the scale of the drop in employment growth in May still took many by surprise.
Europe has not yet had its financial crisis while America is still recovering from its crisis in 2008 according to Jim McCaughan, the CEO of Principal Global Investors.
Having failed to secure a majority in Sunday’s election, the new conservative-led coalition will face a daunting task as it attempts to turn around its country’s ailing finances, according to Barclays Capital.
"There's a big debate about whether what we're seeing right now is the beginning of a sustained slowdown or just (the effect of) short-term factors," says one chief economist.
The dollar has taken a beating over the last week. Here's how to trade it now.
The week's top business news and investment advice, including whether you should short financials, and which tech names are smart buys, with CNBC's Brian Sullivan.
Americans are growing increasingly doubtful about direction of the US economy, according to the latest survey from business-advisory firm AlixPartners
Imagine that you are sitting in your house, watching flood waters rise, fearing that your house could be washed away and the government walks in and says, “here’s our plan to save your house - we are going to add more water to the flood.” After realizing this was not a joke, you would run, not walk, to find higher ground and kiss your house goodbye.
How to best protect your portfolio in a weakening economy, with Jason Pride, Glenmede; Jonathan Corpina, Meridian Equity Partners; Michael Cuggino, Permanent Portfolio Funds, and CNBC's Steve Liesman.
Safe-haven currencies are on a roll. Yes, it's the economy, stupid — time for your FX Fix.
CNBC's Steve Liesman has the breakdown of the lackluster jobs data for May.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Portugal goes to the polls on Sunday looking to elect a government that will lead them through an austerity package mandated by the European Union and International Monetary fund; but whoever wins will need to defy the electorate and introduce unpopular policies.
The government posts the monthly jobs number, Wal-Mart hosts unhappy shareholders and the President toasts his mutually happy divorce with Chrysler. Here's what we're watching...
The economy's shift into low gear likely made for a worrisome decline in job growth in May.Economists forecast nearly 100,000 fewer jobs were added in May than in April, which had job growth of 244,000.
After steady job creation in February and March, the average number of net new jobs slipped in May from 0.17 per independent business to 0.01, according to survey results from the National Federation of Business.
It all turns on the criteria that make up the ten categories in our point system and this year has brought some interesting changes. Here's the rundown.