ISLAMABAD (Reuters) - Pakistan has told civil servants not to wear socks as the country turns off air-conditioners amid a chronic power crisis and soaring temperatures. Full story
VATICAN CITY (Reuters) - Pope Francis shared personal moments with 200,000 people on Saturday, telling them he sometimes nods off while praying at the end of a long day and that it "breaks my heart" that the death of a homeless person is not news. Full story
WASHINGTON (Reuters) - Big banks are set to gain key concessions as the top U.S. derivatives regulator meets to vote on watered-down rules for swap trading that will chip away at Wall Street's dominance of the $630 trillion market. Full story
The Washington Post’s Neil Irwin joins The Cycle to rehash the 2008 financial crisis and what we’ve learned – or haven’t – since then.
Former Reagan budget director and economic guru David Stockman talks to The Cycle about whether Wall Street and the Federal Reserve have combined to create new financial bubbles, and whether we’re on the cusp of watching them pop.
Dean of NYU’s Stern School of Business Peter Henry Blair explains why America should start looking to developing countries – like China, India, and Brazil – that adopted U.S. policies and saw impressive economic turnaround.
Wall Street has been keeping its eye on Cyprus where banks reopened for the first time in nearly two weeks amid the island-nation’s financial crisis. CNBC’s Michelle Caruso Cabrera discusses.
Jared Bernstein of the Center on Budget and Policy Priorities and Bloomberg View columnist Josh Barro examine the debt “dragon” at the center of a new children’s allegory on the national debt – and use that as a jumping off point to examine the Republicans fanning the flame of a debt “crisis.”
A couple clinks glasses as they pose for a photograph with the temple of the Partenon in the background at the Athens Acropolis Museum May 24, 2013. Record numbers of tourists are expected this year, following stagnation brought on by the economic crisis. REUTERS/John Kolesidis (GREECE - Tags: BUSI
Lawmakers raise their arms to vote against a controversial bill to tax deposits in Nicosia March 19, 2013. Cyprus's parliament overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout on Tuesday, throwing euro zone efforts to rescue the latest casualty of the cu
A dealer shuffles a deck of cards during a poker game at a casino in Budapest September 15, 2009. In Hungary, ravaged by the recent economic crisis, poker has become something of a national pastime, and for some people, a source of income. REUTERS/Katoly Arvai