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    There are few things more American than bubble gum and baseball cards. This is something Topps, the nation’s leading manufacturer of Bazooka gum and sports cards, has known for more than 60 years. And that's the way things are staying.

  • Demonstrators block a police car on the parking lot of the Madrid transport bus company during the general strike held in whole Spain in Madrid as unions launched a 24-hour general strike all around Spain to protest tough government labor reforms and austerity measures.

    The first thing Silvia Huelves was told when she started studying architecture was that she should take up Chinese or Japanese -- she was never going to build anything in Spain any time soon.

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    New data on the consumer and housing greet what promise to be thinly traded markets Friday, ahead of the long Memorial Day weekend.

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    "We can put our finger on the problems, and they're temporary, I think," says one economist. "Oil prices were a blow. You can see that in the consumer spending numbers in Q1, and prices are coming back down."

  • Jobless Claims & GDP Revision Up

    CNBC's Rick Santelli & Steve Liesman breakdown the initial jobless claims data, up 10,000 and the GDP revision, up 1.8 percent.

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    The policy of no default, no change to euro membership and providing a bailout fund has not worked, writes Moorad Choudhry, Head of Business Treasury, Global Banking & Markets, Royal Bank of Scotland.

  • Foreclosure

    Sales of distressed U.S. homes fell in the first quarter as demand remained weak, but they still made up about 28 percent of total sales, the highest amount in a year, a RealtyTrac report said Thursday.

  • The Tiffany & Co. store in New York City.

    President Obama meets his peers, Tiffany reports earnings after the earthquake and Google jumps into the mobile payment game. Here's what we're watching...

  • Japanese job fair

    Thursday rolls around again, and so do weekly jobless claims, the new nail-biter number traders are watching.

  • made_in_china_label_200.jpg

    As more and more steps of the manufacturing process are outsourced to other countries, American products are harder to find, and often more expensive to purchase. Can "Made in America" survive in a global economy?

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    Greece should receive another tranche of aid from the European Union to enable it to have a second chance and restructure later, according to an analyst.

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    The developing world is losing momentum and the risk is that this transfers to a loss of earnings momentum for the big internationals in the leading indices like the S&P 500, the DJ Euro Stoxx and the FTSE 100.

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    The Greek government is unsurprisingly unable to find consensus on new, even stronger austerity measures aimed meeting the terms of its bailout by the European Union and the International Monetary Fund.

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    European leaders are pushing to impose measures that would ensure the Greek government lives up to its promise to deliver €50 billion ($70 billion) in privatization proceeds, amid skepticism that Athens can carry out the sell-offs reports the FT.

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    Financial repression is a term that has been making headlines recently.  Associated with default via forced lending to governments, low rates, cross border capital controls and high inflation, financial repression allows the indebted to lower the cost of their debt at the expense of creditors.

  • Aerial view of a town square Bruges Belgium

    Fitch became the second ratings agency to threaten Belgium with a credit downgrade on Monday, saying a lack of government undermined budget efforts in one of the euro zone's most indebted states.

  • President Barack Obama

    US President Barack Obama (or Barack O’Bama as some Irish jokers have dubbed him) is one of many Americans with Irish roots who come back to the old country to visit the places their ancestors left.

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    The CEO of Europe's largest insurer by gross premiums and market capitalization has called for more aid for Greece and a plan to help the country's growth, according to German media reports.

  • Beijing, China

    In the face of an unwavering adherence by the US to highly accommodative policies, China is faced with the prospect of recycling its ever growing FX reserves into nations or regions that it probably has fundamental fiscal concerns about.

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    S&P cut its outlook on Italian debt at the weekend, citing fear over its growth record, weak reform process and the likely impact of reducing its high government debt.