The new Fed chair faces the challenge of making a bold call to either resist or go along with conventional wisdom to hold the line on interest rates.
Greece's harsh austerity program may have caused coalitions to crumble and brought people out on the streets in protest, but a new study has found a more human cost of the debt crisis - cuts and reforms in the country have caused a "dramatic rise" in male suicides.
Business in the U.S. is expected to pick up again now that the worst of the harsh winter weather is over, a survey of economists showed.
Japanese-based bitcoin exchange Mt. Gox has given up plans to rebuild the company and has now filed for liquidation, according to the Wall Street Journal.
Gone are the days when the governor of the Bank of England was a one-club golfer, equipped only with interest rate. Mark Carney has a full set of custom-made gear to prevent the UK from veering off the fairway and into the deep rough.
UK inflation fell to its lowest level in more than four years last month, easing the burden on households after years of squeezed incomes.
After years of denial central banks are finally coming around to recognise that they must take responsibility for asset bubbles that can wreak economic havoc.
The price of bitcoin rose on Tuesday despite growing uncertainty regarding regulation in China, including a possible deadline for the country's banks to stop handling the virtual currency.
The European Central Bank (ECB) still plans to take action to combat the problem of low and falling inflation despite holding off and disappointing markets over the past few months, Portugal's finance minister told CNBC.
Legendary fund manager George Soros has reiterated his warning that the global economy is in the same state now as it was before the global crisis in 2008.
Cast your mind back 10 years. It is early 2006 and everything seems to be going well. Unemployment is around 5%, the Bank of England prides itself on keeping inflation at or close to its 2% target, earnings are going up by 4% a year.