CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Cypress had an impact on world markets after a tax on savings was shut down by the Cypriot Parliament. Construction shot up and sales of existing homes did, as well. Homebuilders say they can't get enough land or qualified workers to keep up with demand. And Burger King rolls out turkey burgers.
With the Dow Jones reaching an all-time high and the S&P 500 not far behind, markets have shrugged off the disappointment of the sequester. But Alastair Newton, senior political analyst at Nomura says that far bigger hurdles lie ahead that could potentially give the U.S. another "brush with default".