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Asia Stocks Lower; Nikkei Off Multi-Year Highs
CNBC
Top News and Analysis
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A day before Apple CEO Tim Cook heads to Washington, the Senate released a report that showed Apple used an unusual global tax structure to pay little or no taxes.
Top Video
Investors shouldn't jump on or off the stock market bandwagon, but pick a position and hold it, says Jack Bogle, founder of The Vanguard Group.
Monday, 20 May 2013 | 11:40 AM ETIn his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about the stock market's continued rally and Fed Chairman Ben Bernanke's upcoming testimony to Congress. (2:11)
Monday, 20 May 2013 | 9:35 AM ETJim Cramer dismisses David Faber's concerns that renewed interest in stocks on Main Street indicates the rally is near its end.
Highlights
More than 8,000 French households' tax bills topped 100 percent in 2012, a French newspaper reported. |
Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel. |
David Karp may be making a bundle on Tumblr, but he's not motivated by money, his father tells CNBC. |
Strapped for cash? Businesses that have made clever plays for publicity, sometimes on modest resources. |
From waffle tacos to doughnut-bacon-and-egg sandwiches, restaurants pull out all the stops to capture your taste buds. |
Prices are stabilizing in SC, but in the Hamptons, home prices are roaring back and rentals are fully booked. |
Top News and Analysis
Editor's Picks
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Whatever course it chooses, the Fed will have to grapple with the reality that while its policies have helped stocks, they've been less effective at growing the economy.
Executive Edge
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Yahoo's bold bet on blogging site Tumblr for $1.1 billion in cash, Dallas Fed President Richard Fisher gives CNBC his views on easing, SAC Capital talks with government fall apart.
Coming Up On CNBC
Stocks
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 2.93x70.jpg?v=1369079618 "Cramer: Invest Like the Ridiculously Rich")
What would you do with $590 million – here’s how Jim Cramer would invest it!
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Some Wall Street strategists say bank stocks will continue to outperform, given improving loan fundamentals, attractive valuations and rising dividends.
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Yahoo's $1.1 billion acquisition of Tumblr may have been too expensive, Porter Bibb says.
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Jonathan Compton, managing director at Bedlam Asset Management, explains what makes Charter Industries, Rexam and Konami very attractive.
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Cloud computing remains a major secular trend in technology, but investors may not fully appreciate the benefits for Amazon and Google.
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Energy pipelines have been a favorite of the bulls, and now they're looking for Kinder Morgan to break out.
Technology
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The board of Yahoo agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, a signal of how the company plans to reposition itself as the technology industry makes a headlong rush into social media, the NYT reports.
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Dell Inc. tells suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself.
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ZenoRadio takes advantage of a loophole in the Telecommunications Act of 1996 to provide a radio service to mostly immigrant customers.
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Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.
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Investors had every reason not to trust the market after last year's Facebook fiasco—a high-profile IPO gone bad on multiple levels. Yet trust is coming back.
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Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.
Finance
NetNet With John Carney
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With the $1.1 billion acquisition of Tumblr, Yahoo is putting a serious claim in for the future of social and mobile technology. The deal will be a test for Marissa Mayer.
Market Insider with Patti Domm
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Check out which companies are making headlines after the bell Monday:
By the Numbers
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The Dow is up nearly 22 percent since mid-November. Many think the market's overdue for a pullback, but historical correlations indicate that it may not be.
Opinion
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Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.
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Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.
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Gov. Pence, (R-IN), says Congress needs to hold the Obama administration accountable on the IRS scandal.
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CNBC's Rick Santelli explains the need for balance when deciphering budget deficits; natural gas supplies; and IRS snooping on conservative groups.
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Will the IRS scandal and continued huge deficits embolden the Tea Party in 2014? CNBC Contributor Jared Bernstein and Jennifer Stefano, Americans For Prosperity discuss.
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Sen. Mitch McConnell, (R-KY), says targeting of conservative groups is not exclusive to the IRS.
Real Estate
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Rising rates are not welcome news, especially now in the heart of the spring housing market.
Inside Wealth
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David Karp may be making a bundle on Tumblr, but he's not motivated by money, his father tells CNBC.
Politics
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A sudden improvement in the outlook for the U.S. government deficit over the next decade has alleviated some of the pressure on lawmakers to act.
Media
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"Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch, though its debut missed expectations.
Retail
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A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks is still making Wrangler shirts.
Small Business
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Baby boomers preparing for retirement are driving a surge in small business sales.
Personal Finance
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Health insurance was already evolving before Obamacare, but the coming year will bring sweeping changes to health care.
Energy
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CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.
Humor
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Chief funster? Yep, that's a job. It's one of six dream jobs Australia is hiring for. How do you qualify? Read on.