Economic growth is not taking hold and current policy is insufficient, Moorad Choudhry, Head of Business Treasury, Global Banking & Markets at the Royal Bank of Scotland writes.
Paul Krugman thinks that Fed chairman Ben Bernanke is screwing up because he has too strong of an anti-inflation bias.
Yesterday’s big Ben Bernanke press conference made one thing abundantly clear: the Fed is not about to embark on any aggressive program to bring down the level of joblessness.
Should we congratulate or commiserate? .....That the Federal Resereve does it too now. That the Fed has decided to flank its policy decisions by regular press briefings from now on.
High production costs and supply constraints caused by the Japanese Earthquake could slow any nascent revival in UK manufacturing, according to the Confederation of British Industries.
With more than 13 million people still unemployed, job seekers are working every angle to try to get an edge. How do you get an edge? Listen to your mother.
In the newsletter we received from USC was an article called, "A Full Nest Once Again: Preparing for Your Graduate to Move Back Home." Nooooooo. No no no. That's what parents pay tuition for—so universities can help prepare our children NOT to move back home. And yet Adecco, a global HR consulting firm, claims in a survey of more than 500 recent graduates that 40 percent of those who graduated in 2008...moved back home...into their old rooms...the rooms you turned into offices or gyms.
Stocks rallied hard on positive earnings news Wednesday and will likely key off of Thursday's quarterly reports, but the pre-open weekly jobless claims will also be a major factor.
Earnings wins by a parade of tech names could give a lift to stocks Wednesday and puts the focus on Apple's late day report.
With Americans facing high unemployment, many people with jobs are grateful to get their weekly paychecks, but that feeling alone doesn't take the stress out of the daily grind.
As the earnings season gets rolling, investors are anxious about the strength of the quarterly reports but also the economy.
Back in 1997, Thailand commenced its own banking crisis. The conventional wisdom was that the Thai economy was too small to affect other countries in the region. Nevertheless, the Asian crisis was soon in full swing, bringing down governments and moving from South East Asia to the whole of the region.
Loose monetary policy will not solve the euro zone’s structural imbalances and the ECB needs to focus on price stability to help rein in commodity-led inflation, according to incoming ECB Board Member Peter Praet.
As austerity measures kick in and the euro zone debt crisis begins to really bite voters where it hurts, in the pocket, extreme political parties are becoming mainstream, warns Dylan Grice, a strategist at Societe Generale in Paris.
Siemens Corp., the U.S. subsidiary of Siemens AG, has announced it intends to hire 3,000 people in the United States, and that a percentage of those jobs will be reserved for returning veterans. Eric Spiegel, CEO, Siemens Corporation, explains the company's plans.
The amount of debt held on the world’s balance sheets, whether they are governments, individuals, businesses or banks has people worried.
The recession left a lot of people with bad credit — even people that previously had sterling credit. So, are hiring managers now willing to overlook bad credit or can it still cost you a job?
The Misery Index is a simple calculation that became a political hot potato in the late 1970s and early 1980s. By adding the unemployment rate and inflation together, the index gave policy makers a tool by which to measure economic misery. As President Barack Obama prepares for his re-election run, the index stands at just 11 percent, some 10 percent lower than Carter faced 31 years ago.
Discussing whether the ECB is jumping the gun and the Fed is lagging, with Keith McCullough, CEO, Hedgeye Risk Management. For places like Portugal, Greece and Ireland, he says, things will end badly.
CNBC's Rick Santelli reports on the weekly jobless claims number, which fell to 382,000. Steve Liesman provides analysis and discusses whether the ECB rate decision will stick. Jim Iurio, Institutional Services, discusses, as well.