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    Another European plan to fix its sovereign debt problem has initiated another sharp market rally. But will the enthusiasm over the latest rescue effort last longer than the optimism that greeted past plans, only to slowly fade away? The New York Times reports

  • Dallara: Europe Gets a Debt Deal

    The market whip, with Jon Najarian, OptionMonster.com; Jim Iurio, TJM Institutional Services; and Ken Heebner, Capital Growth Management. And Charles Dallara, former asst. Treasury Secretary who negotiated the Greek debt agreement, discusses what happened behind closed doors leading up to the deal.

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    The euro is having a very big day in the wake of the European Union summit. Here's how to trade it now the outlines of a debt deal are out.

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    The deal that allowed Greece to renegotiate its debt will not lead to a credit event on the scale of the Lehman Brothers failure that triggered the US financial crisis, the lead negotiator in the talks told CNBC.

  • U.S. stock markets may be surging on news of a deal on Europe's financial situation, but Art Cashin thinks there's more to come. "Everything looks great" right now, said the UBS Financial Services director of floor operations, but "I don’t think the game’s quite over yet."

  • A tour bus passes the Wall Street bull in the financial district January 22, 2007 in New York City.

    “Buy Low. Sell High. And don’t get them confused!” There are few more important rules for investors. I’m struck once again by the faithful Pavlovian response of those who were hating stocks as they dipped briefly into Bear Market territory and now, after a 14% gain (in the S&P 500), are waving their bidding paddles and fanning their short-term gains.

  • The Roadmap: Debt Crisis Deal

    CNBC's David Faber, Jim Cramer and Carl Quintanilla break down today's market moving headlines, including Europe's 50 percent haircuts on Greek debt, a leveraged EFSF, and what today's GDP report reveals about the economy.

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    European leaders finally agreed on the outlines of a rescue, and risk is back on big time — it's time for your FX Fix.

  • The former Greek Prime Minister, George Papandreou

    A deal that imposes 50 percent losses on private sector bondholders means Greece's debt burden will be sustainable, Greek Prime Minister George Papandreou said on Thursday.

  • Sustaining a Strong Euro

    Olivier Desbarres, director and head of FX Strategy, Asia-Pacific ex Japan, Barclays Capital, discusses whether the announcement coming out of the European summit will be sufficient to strengthen the euro.

  • Marc Farber

    "I'm a great optimist in life," the man known as Dr. Doom told CNBC Wednesday. "Otherwise I would commit suicide in view of the kind of governments we have nowadays."

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    As markets have been rebounding on euro hopes, the eurozone leaders have been debating a plan that should satisfy the financial markets. The hope is futile. A comprehensive plan does not exist. The eurozone crisis will get worse before it will get better.

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    Negotiators remain divided, however, on the issue of what will happen to the remaining 50 percent of the current outstanding 205 billion euros ($284.9 billion) of debt load.

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    The yen's on a roll, and it's Europe Day again - time for your daily FX Fix.

  • French President Nicholas Sarkozy

    With France's economic growth outlook fast deteriorating, President Nicolas Sarkozy increasingly has little choice but to launch a new round of belt-tightening six months from a presidential election.

  • European Central Bank

    Congratulations and commiserations: next week, you will take up one of the most important central banking jobs in the world; but you will also bear a frightful responsibility. The FT reports.

  • With the euro zone in crisis and the U.S. economy sluggish at best, luxury breaks in some of the world's best hotels might not be at the top of everyone's priority list, but premium hotels are doing surprisingly well, according to research by American Express Business Insights.Looking at hotel sector trends in Europe from the 2008 downturn to the first quarter of 2011, Sujata Bhatia, vice president of AMEX Business Insights for Europe and Asia, found that luxury accommodation is rebounding more

    Premium hotels are doing surprisingly well thanks to visitors from the US and BRIC nations.  CNBC takes a look at fourteen of the grandest hotels in Europe.

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    Eurozone leaders were struggling on Tuesday to reach agreement on a much-anticipated deal to reverse their spiralling debt crisis amid mounting signals a definitive agreement would not be reached at a key summit on Wednesday night. The FT reports.

  • Volatility Boosts TD Ameritrade

    Fredric Tomczyk, TD Ameritrade CEO & president, explains how volatility in Q3 helped TD Ameritrade's business. He also shares his sense of investor sentiment right now given the constant headlines out of Europe.

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    Though financial institutions are not yet turning away customers at the door, they are trying to discourage some depositors from parking cash with them. NYT reports