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.» Read More
European stocks were predicted to open slightly higher on Tuesday after closing down on Monday amid renewed concerns over the European debt crisis and political deadlock in Washington over the US debt ceiling.
I have never been a natural pessimist so here are some snippets of positive reaction to keep your half-full glasses topped up, writes CNBC's Anna Edwards following an agreement on a second Greek bailout.
European stocks were expected to open sharply lower on Monday after they ended higher for the day and week on Friday following a successful conclusion to the euro zone debt deal on Thursday and better than expected earnings news.
CNBC's Melissa Francis looks at the week's top business news and investing advice, including sovereign debt plays and tech stocks.
European stocks were set to open higher on Friday, as euro zone leaders finally agreed on a fresh bailout for Greece and on enhanced powers for the monetary union's rescue fund.
The newly approved rescue plan for Greece is a "super-TARP," similar to the United States bailout package during the financial crisis, Peter Boockvar, equity strategist at Miller Tabak, told CNBC Thursday.
A draft is at hand: euro zone leaders have a general plan for dealing with Greece. Here's what to do now.
It's a busy day in Europe - and a complicated one for investors.
Investors have been treating sovereigns differently from corporates, when the reality is that they have much in common with corporates and can go bust. It’s time to view sovereign debt in this light, writes Moorad Choudhry.
A plan of "overwhelming force to let the markets know that once and for all you’re putting out the fire" in Europe, should start with letting Greece, Portugal and Ireland default, Neel Kashkari told CNBC Monday.
I'm just back from summer holidays and at the risk of coming across as one-track minded, we’re going to talk about the eurozone once more. Its worries are still with us (not that they are going away, this year, next year or even by 2021. Not until they have fiscal, as well as monetary policy, union. But that is for another day!), and we can’t ignore them.
Ratings agencies. Can't live with 'em, can't live without 'em, these pros say.
The beleaguered Italian banking sector is gradually improving, with asset quality and capital ratios getting better, according to analysts at Citigroup.
Moody's is punishing the wrong EU member by downgrading Ireland, Wilbur Ross Jr., CEO of WL Ross & Co., told CNBC Wednesday. If Moody's "downgrades enough people recklessly, nobody will be able to access the public markets in 2013. I think it's a ridiculous idea."
Ireland is the "one good student in the pool," says Wilbur Ross, Jr., WL Ross & Co. chairman/CEO, who continues to say Moody's is punishing Ireland at this point, making it harder for Ireland to access the public market.
The Irish economic recovery has been held back by credit ratings agency Moody's downgrading its rating to junk status, Minister for Jobs, Enterprise and Innovation Richard Bruton said Wednesday.
Finding a solution to the euro zone crisis is such a complex task that investors, as well as many citizens of the European Union, have grown disgruntled with attempts to sort out the debt.
Experience suggests European politicians will struggle to agree on a deal that would actually draw a line in the sand of the entire euro zone debt crisis. Many blame their indecision for getting the euro in this position in the first place.
European stocks are expected to open flat on Wednesday as data showed the Chinese growth story remained on track and with investors digesting news that Ireland's rating was cut to junk.
In the euro zone, the fiscal crisis is lapping on Italy’s shores. In the US, the administration declares it will run out of funding early next month if the debt ceiling is not raised. Far fewer Europeans than Americans believe public sector defaults are beneficial, according to the FT.