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New York Senator Charles Schumer sent a letter to the FCC and the Treasury requesting more scrutiny of the recent Sprint deal with Japan's SoftBank. Derek Scissors, Heritage Foundation, weighs in.
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U.S. markets have a rough start to the week, mostly due to skepticism over European solutions to the region's debt crisis. Intel cuts its Q4 outlook on lower PC production, due mostly to hard drive shortages. And financials follow European banking stocks lower, with CNBC's Mandy Drury.
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European stocks sink on concerns the EU summit did not do enough to address the euro zone debt crisis. Italian borrowing costs remain near record highs in a 1-year note auction, and the Dax closes at its lowest level this month.
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U.S. futures are down on concerns about the euro zone agreement. Europe is slightly negative as Moody's says the European agreement offers few solutions for the euro zone debt crisis. Moody's also reiterates its intent to review European sovereign debt. Italy sells $7 billion euros worth of T-bills. And Asian markets are mixed on Chinese policy anxieties.
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Shaun Rein, Managing Director of China Market Research Group says he is still cautious on China and believes inflationary issues in the mainland should not be overlooked just yet.
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Ting Lu, China Economist of Bank of America Merrill Lynch, says China's new leaders will not initiate major structural reforms - only monetary easing - as stability remains their focus.
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China’s president, Hu Jintao, on Sunday pledged an “even more active” opening up of the country’s economy and a renewed commitment to free trade as he sought to respond to concerns over apparent reform fatigue in Beijing and a deteriorating global economy. The Financial Times reports.
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Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
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Jin Liqun, China Investment Corporation chairman of the board of supervisors, discusses investing in the U.S. and the importance of the European Union to the global economy, with CNBC's Maria Bartiromo. He also addresses China's belief that Europe has to work out a convincing plan and says his country would be interested in investing in Europe's infrastructure.
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Luxury watches have stood the test of time in China, one of Movado's strongest markets, the company's chief executive told CNBC Friday.
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Keith McCullough, CEO Hedgeye Risk Management, discusses what's happening in China and Russia, and says he's back to bullish on U.S. stocks in the intermediate term.
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CNBC's Mandy Drury looks at the upward move in the U.S. markets, partially due to the EU agreement. And lower gas prices bring about a rise in consumer confidence.
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CNBC's Simon Hobbs offers analysis of the European close. European averages were up today on the euro summit deal. There are still many questions remaining, he says.
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The popping of the Chinese real estate bubble has just begun, with the nation likely to experience the types of problems the U.S. has encountered over the past five years, hedge fund titan Jim Chanos told CNBC.
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European leaders talk, China creates an investment fund - it's time for your FX Fix.
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Weighing in on why China will not save Europe, Jim Chanos, Kynikos Associates, who adds that China's reserve fund is not free money.
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CNBC's Rebecca Meehan & Patricia Szarvas take a look at how markets are faring in Europe, and CNBC's Christine Tan breaks down the Asian markets.
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The U.S. economy may still be struggling to recover from a recession that began three years ago, but there is a silver lining. According to business consulting firm AlixPartners, a weak dollar and rising wages in China have helped U.S. manufacturers close the competitiveness gap with their Chinese counterparts for the first time since 2007.
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Garry Evans, Global Head of Equity Strategy at HSBC, says inflation may be under control, but China still faces other economic challenges and the big decisions are unlikely to be made in 2012 due to leadership transitions.
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The “Mad Money” host likes both of these names, but thinks one is a superior stock right now.
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Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.