Confused by Economic Forecasts? There's a Good Reason
With all the varied estimations of the chances that the U.S. is headed into a new recession, someone must have gotten it right ... right? But whom?
europeandebtcrisis
Cramer Blames Monday's Market Slide on Europe
Jim Cramer of CNBC's Mad Money, appeared on Today to discuss Monday's stock market slide with Matt Lauer. Asked what Wall Street had really reacted to, Cramer said it wasn't the supercommittee's failure: "It's all Europe," he told Lauer.
As Italian Drama Persists, Small Businesses Worry
The Atlantic Ocean is wide, but maybe not wide enough. On Thursday, markets had a mixed reaction to the deepening economic crisis in Europe. Some sources reported that the European Central Bank would step in. But in the U.S., small business owners are growing nervous.
Obama: Details Needed on Europe Bailout Plan
With much at stake for the U.S., President Barack Obama said Thursday that the most important task for world leaders gathered at an economic summit in France was to resolve the European financial crisis. The EU had taken important steps toward a solution, the president said, but "we're going to have to flesh out more of the details about how the plan will be fully and decisively implemented."
It's Europe's Fault: They're Holding Back the Recovery
Many European nations have deficits that make the U.S. look thrifty, and over a year after their problems came to light, they're still holding the worldwide recovery back. But because they share the euro, normal solutions aren't available, which means the EU must bite the bullet and accept an orderly default, or watch matters spiral downward.
Europe's Debt, U.S. Unemployment Draw Focus
September is finally over, and we're heading into a few fast weeks of economic data and earnings releases. With stock market and macroeconomic factors taking new twists nearly every day, it's hard to keep up. So let's focus on the data and news that will matter most to your bottom line.