Concerns over the size of United States debt reared their head once again as ratings agency Standard & Poor’s warned that health care costs for a number of highly-rated Group of 20 countries, including the U.S., could hurt growth prospects and harm their sovereign creditworthiness from the middle of this decade.
It's national Bubble Wrap Appreciation Day! Here's the story of how it was invented and some great ways to celebrate one of America's great stress relievers.
With the European financial crisis still threatening a trail of defaults, United States banks are betting that their insurance is going to pay out, the New York Times reports.
The Pentagon doesn’t know what happened to more than $100 million in cash held at Saddam Hussein’s palace in Baghdad during the Iraq war, according to a new report by the Special Inspector General for Iraq Reconstruction.
There are five "financial personality" types, according to one survey. Which one are you? And is it affecting your wealth and retirement?
Rising optimism about the economy has slightly boosted President Obama’s prospects, according to the latest NBC News/WSJ poll.
During the height of the recent financial crisis, a new term entered the lexicon of pop economists and established number-crunchers alike --- “man-cession.” This term refers to the loss of jobs among men, which occurred at a higher rate than it did among their female counterparts. However, things finally seem to be turning around.
Although private equity is part of the larger capital markets that have driven growth and job creation in America, Glenn Hutchins, Silver Lake co-founder and co-CEO, tells CNBC that private equity gets a bad rap.
The euro zone is nowhere near finding a solution to the debt crisis plaguing it and needs deep restructuring as well as a new constitution as part of an effective long-term remedy as printing money will not solve its problems, Kenneth Rogoff, Professor at Harvard University told CNBC on Wednesday.
Iranian authorities have reacted to the decision by the European Union on an embargo by calling for an immediate halt to oil sales to the continent. In a statement on its website, the Iranian Oil Ministry described the European Union’s decision as “hasty” and “a political game”.
The International Monetary Fund on Tuesday lowered its forecasts for global growth, saying it sees global activity decelerating but not collapsing, with most advanced economies falling back into recession and developing economies slowing from a high pace of growth.
A new economic forecast calls for the U.S. economy to make some modest growth strides this year, but not quite enough to significantly reduce the number of jobless Americans looking for work.
How many emails are in your inbox? Are you really as efficient as you could be? Well get ready, get excited — it's national clean out your inbox week! Here are some tips to help you get it together.
An Iranian news agency is reporting police have closed down dozens of toy shop for selling Barbie dolls. The stated aim is to fight Western cultural influence.
A couple of years ago, the words “American consumer” cast a shadow over global markets. No wonder. Back in the days of the credit bubble, American consumer borrowing helped to create a crazy debt binge, the Financial Times reports.
Stock markets have already discounted “some very bad news” and there is no reason to fear stocks will sink, despite gloomy prospects for the global economy, Marc Faber, publisher and editor of the Gloom Boom & Doom Report, told CNBC on Thursday.
California governor Jerry Brown said Wednesday in his 'State of the State' speech: "tax revenues are increasing and the state deficit has been reduced significantly, though a 9 billion hole remains," before asking voters to approve tax hikes.
What do you do when your kid asks for a raise in allowance — Do you give it to the child or say "Scram, kid!"? Here's what the pros say.
The start-up boom means there are more freshly minted millionaires looking to manage their wealth. And Wall Street firms are happy to help, for a fee. The New York times reports.