On July 21, EU leaders agreed to a second bailout for Greece, one that was supposed to draw a line under the euro zone debt crisis and give the new government in Athens a chance come to grips with the huge debts it inherited when it was elected. One month later, and the situation appears to be getting worse rather than better, according to Simon Derrick, the head of currency research at Bank of New York Mellon.
"I think the German PMI announcement will have an impact on spread widening, because investors will see it as an indication that the world is slowing, Germany is slowing, and in general, risk is increasing," Adrian Schmidt, FX strategist at Lloyds Bank Corporate Markets, told CNBC.
Predictablity on the global political stage is failing to allay market uncertainty, says Vince Farrell.
Being smart certainly gives you an edge in business. But there’s one thing the boss appreciates more than a high IQ. It’s not being a snappy dresser. Or having a killer instinct. (Though, those things can’t hurt.) Here's what it is.
The promise of green jobs has wilted. Don't lose heart. More of us may soon be forced to go green.
American consumers have too much debt, not enough savings, and are afraid they will lose their jobs—if they haven't lost them already. It might be time for something that hasn't been done since the 1930s to get Americans spending again: national debt forgiveness, Stephen Roach told CNBC Monday.
Despite the widespread gloom, the consensus is that Britain will not re-enter a recession, Norma Cohen writes in the FT.
Spain will announce further austerity measures on Friday in a bid to fend off debt market attacks but avoid the kind of drastic cuts that could damage the ruling Socialists' chances in November's general election.
The “Euro bond” solution to the euro zone’s sovereign debt problems appears to be an idea whose time has come, Moorad Choudhry writes.
Seeking a jolt for the economy, President Barack Obama will lay out new ideas for speeding up job growth and helping the struggling poor and middle class in a major speech in early September, a senior administration official told The Associated Press.
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
They say nice guys finish last and, despite your mom’s protests, that may actually be true. That jerk at work may be getting paid more than you.
Paul Krugman recently linked to a 1998 paper he wrote on how monetary policy loses its effectiveness in “a liquidity trap.”
The volatility in the markets this past week may be reminiscent of what took place in August and September of 2008, but this summer of our discontent is a far cry from what the world faced three years ago.
As a potential career, the financial advisory business looks alluring. There's less competition to become a broker than other occupations, and the pay can be quite good. It ain't easy. though.
Millions of jobs are expected to be created in the next decade in order to handle the eruption of elderly and aging U.S. citizens.
As more companies realize the value of aligning information technology projects with business goals, employers are looking for people with solid business skills to fill certain roles in the IT department.
JumpStart NYC was created to help unemployed professionals apply their knowledge, skills and abilities in opportunities at small, entrepreneurial companies.
Whether you’ve been laid off or you crave more satisfaction, looking for a position doing something you’ve never done before invariably comes with second-guessing.
The salary of a profession is among the most compelling factors for many individuals deciding what career path to follow, what degree to persue or even where to live. So, what are the highest paying jobs in the country?