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CNBC
Top News and Analysis
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CEO Tim Cook is expected to tell the Senate Tuesday that Apple doesn't use "tax gimmicks" and pays an "extraordinary" amount in taxes, according to prepared testimony.
Top Video
A massive F4, and possibly an F5, tornado cut through Oklahoma this afternoon, destroying schools and homes, and causing millions of dollars worth of damage.
Monday, 20 May 2013 | 12:14 PM ETInvestors 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)
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. |
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. |
Despite the shortened season, hockey is at the top of its game, says NHL Commissioner Gary Bettman. |
Top News and Analysis
Editor's Picks
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Adult movie star Chanel Preston knows not everyone approves of her chosen profession, but she never thought it would affect her ability to open a bank account.
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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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.
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The traders discuss the social networking company on the eve of it's 1 year IPO anniversary. The consensus is dump, until Guy Adami shakes up the panel.
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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The big event this week is Wednesday, when U.S. Federal Reserve Chair Ben Bernanke testifies in front of the Joint Economic Committee.
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 Sharon Epperson takes a look factors that contributed to the major reversal in precious metals on Monday and what sent oil prices to a 7-week high. She also discusses events in the the coming days that could impact the price action in energy and metals.
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.