Europe Closes Lower; Fed in Focus
CNBC
Top News and Analysis
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Whatever Federal Reserve Chairman Ben Bernanke says now is "temporary" because it looks like he'll be leaving his post, billionaire investor Ken Langone tells CNBC.
Top Video
CNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."
Wednesday, 19 Jun 2013 | 9:53 AM ETCramer shares six stocks to watch, and reveals them in under 60 seconds.
Highlights
Siberia is being touted as a beacon of light by the Russian government as it looks east for growth. |
As trade between African nations rises, hopes are growing the continent's air travel will get a boost. |
For the graduate heading to a hot job, or on the hunt for one, these workplace accouterments will come in quite handy. |
The world's largest solar-powered boat docked in NYC. Covered in 5,554 square feet of solar paneling, this boat can hold 60 people. |
U.S. is back on top in creating new millionaires, according to a report from Capgemini and RBC Wealth Management. |
Hummus sales are booming, and Sabra is on a quest to convince Americans to eat even more. Is it the next peanut butter? |
Top News and Analysis
Editor's Picks
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The effects of the Federal Reserve's bond-buying program are looking more lackluster and more disruptive to market functioning, according to the latest CNBC Fed survey.
Executive Edge
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Tuesday’s market gains would suggest Bernanke will stay on; housing starts have slow, steady progress; Prism program apparently foiled plans for more than 50 terrorist attacks.
Coming Up On CNBC
Stocks
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FedEx reports earnings today before the bell this morning, and traders are looking for the stock to deliver.
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Morgan Harting of Alliance Bernstein, explains that the gap between emerging and developed equities is "excessive".
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Cramer expects the bears to make a run at the market, guns blazing. Are you ready?
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Fast Money traders Joe Terranova and Mike Murphy debate how investors should play the news on Netflix's deal with DreamWorks.
Technology
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The tech giant announced that the HBO GO and WatchESPN applications are now available on its Apple TV platform.
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Three attorneys general want Google to change the way its search engine displays results, accusing the company of helping facilitate the sale of illegal goods.
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.93x70.jpg?v=1369922428 "Dish Focuses on Clearwire")
Dish Network Corp said it would not make a new offer to buy Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp.
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The 'anonymous' search engine DuckDuckGo is getting a boost off the PRISM scandal that is putting big tech companies like Google and Apple to shame.
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Plans to take Dell private by leveraging the PC maker's balance sheet are ill-timed, Cramer said.
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Adobe earnings beat expectations but the company's forecast was to either meet or miss in the current quarter. Still, one analyst said the guidance "continues to be pretty impressive."
Finance
NetNet
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Nomura bear Bob Janjuah believes he knows the reason why the Fed will begin pulling back its easing program, and it's not about anything directly related to the economy.
Market Insider with Patti Domm
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Here's a nice call tied to today's closely-watched Federal Reserve decision: stocks will drop initially no matter what Fed Chair Ben Bernanke says.
By the Numbers
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The CBOE Volatility Index, the market's so-called fear gauge, stretched over a 22 percent range in each of the last two weeks, its first such streak since March.
Opinion
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Forcing businesses to pay the minimum wage for interns ignores both the costs incurred by the host business and the value received by the intern.
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Diana Furchtgott-Roth, Manhattan Institute senior fellow, parses the data and says the comparison is bogus.
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A panel of experts and Larry Kudlow discuss the Supreme Court's refusal to declare "pay to delay" deals between pharmaceutical companies and generic drugmakers illegal.
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Can anyone tell me with a straight face that they knew the S&P 500 would be flirting with all time highs right now, asks investment adviser Michael Farr.
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The euro is a unique example of an asset class with intrinsic investment features, but is it a reliable store of value?
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Scott Rasmussen, Rasmussen Reports, discusses a recent poll that found 57 percent of people believe the government will use NSA surveillance data against political opponents.
Real Estate
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Builders started fewer single-family homes in May than predicted, which is curious given the low supply of homes.
Inside Wealth
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U.S. is back on top in creating new millionaires, according to a report from Capgemini and RBC Wealth Management.
Politics
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The IRS is about to pay $70 million in employee bonuses, despite a directive to cancel bonuses because of spending cuts.
Media
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Miss Utah forgot to mention gender-based income inequality—and the strides women have made—in her Miss USA interview.
Retail
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Hummus sales are booming, and Sabra is on a quest to convince Americans to eat even more. Is it the next peanut butter?
Small Business
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3-D printing holds much promise but some risks. Are we prepared for the innovation?
Personal Finance
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More upbeat about their prospects, Boomers are reshaping traditional notions of how the golden years should be lived.
Energy
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Oil prices rose above $106 following a drop in U.S. oil reserves, investors look to fed meeting for clues on stimulus.
Humor
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Forget the tapir. CNBC now offers much better suggestions the animal that best symbolizes the Fed's looming taper.