Wednesday, April 7, 2010 as of 11:14 AM ET
Nouriel Roubini (born March 29, 1959) is an American economist. He anticipated the collapse of the United States housing market and the worldwide recession which started in 2008. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.
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The rich and powerful were divided at their annual huddle on Wednesday over Barack Obama's threat to raise their taxes, with some it could hurt growth, but others arguing he was right to address capitalism's imbalances.
Obama's State of the Union address focussed on channeling middle class anger at inequality, including a call for a 30 percent minimum tax on millionaires that could make the wealth of Republican rival Mitt Romney a central election issue.It was delivered on the eve of World Economic Forum in the Swiss ski resort of Davos, which found many of the world's titans of industry and politics in reflective mood, focusing on whether capitalism needs to be more fair to survive."I happen to be one of the billionaires who believe that the rich do need to pay more taxes and I do support the Obama programme in that respect," investor George Soros said in Davos."I'm very much a minority in the hedge fund community because they don't like to be taxed."But other Davos regulars don't like...By Alan Wheatley, Global Economics CorrespondentLONDON (Reuters) - From the United States and Italy to Japan and Greece, slow growth is hobbling the capacity of gove...
By Benjamin Lim and Don DurfeeBEIJING (Reuters) - China may rein in plans to invest heavily in seven new strategic industries, including high speed rail and wind pow...
By Kevin YaoBEIJING (Reuters) - China's growth is slowing under the weight of Beijing's anti-inflation campaign and weaker global demand, but any investors betting o...
By Nick TrevethanSINGAPORE (Reuters) - Famed market bear Nouriel Roubini may be talking down China, but resource firms are betting billions that rapid urbanization a...
China faces a "meaningful probability" of a hard economic landing and the euro zone is storing up problems for the future by not tackling the debt crisis head on, sa...
By Noah BarkinBERLIN (Reuters) - Valentine's Day is supposed to be a celebration of love between partners, but that was in short supply when ministers from Europe's ...
(Reuters) - By Joshua SchneyerNEW YORK, May 9 (Reuters) - When oil prices fell below $120 a barrel in early New York trade last Thursday, a few big companies that ar...
Steel Vine Investments CIO Spencer Paton, Financial Network Group CEO Nathan Bachrach and FBN's Liz MacDonald debate whether municipal bonds are a good investment.
FBN's Charlie Gasparino argues Nouriel Roubini's stats on muni bonds are closer to reality than Meredith Whitney's.
Moodyâ??s Analytics Chief Economist Mark Zandi discusses the state of U.S. manufacturing, small business job growth and whether the economy can achieve 4% growth this year.
Moody’s Analytics Chief Economist Mark Zandi discusses the state of U.S. manufacturing, small business job growth and whether the economy can achieve 4% growth this year.
By Michael WinfreyPRAGUE (Reuters) - Portugal will take an international bailout and Spain may be next as Madrid has underestimated the cost of cleaning up Spain's f...
The euro slid and European stock markets dived on Monday as investors judged that last week's pact to bind EU economies closer together would fail to quell its finan...
Former White House Economic Advisor Todd Buchholz on the problems with Greece’s debt deal and its impact on the U.S. economy.
"Kiss the dice, baby. Gimme a little luck," the banker whispers as he puts his money -- your money -- on the table. When the numbers come up, the chips go into his p...
Treasury Secretary Timothy Geithner said Europe is trying to move forcibly to fix its debt crisis, reports Dow Jones Newswires, the sister company to FOX Business."I...
The Motley Fool director David Kuo weighs in on the state of the European economy.
JOHANNESBURG (Reuters) - Fallout from the euro zone debt crisis and U.S. fiscal problems mean developed economies are more likely to contract than recover in coming ...
Newedge Senior Director Larry McDonald on the potential impact of a Greek default on the European, global economy.
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