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Top News
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The Fed will keep its version of the monetary printing press running a while longer, though Chairman Ben Bernanke provided hints Wednesday that the days of extreme easing are coming to a close.
Top Video
Are reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.
Wednesday, 19 Jun 2013 | 12:00 PM ETHubo 2, a robot built in South Korea shows off its Gangnam Style moves. From this morning's Today show.
Wednesday, 19 Jun 2013 | 5:12 AM ETAdam Posen, president of the Peterson Institute for International Economics, highlights that while Janet Yellen is a strong candidate to succeed Bernanke, there are a number of other people who could do the job.
Highlights
North Korea launched a strange charm offensive this week against the U.S and China, after snubbing Seoul. |
Saudi Prince Alwaleed bin Talal wants to build the world's tallest building, a mile-high skyscraper. |
A Chinese theme park is one of the more unusual attempts by Australia to boost tourism. |
High youth unemployment in parts of Europe could mean mass protests this summer like the ones seen in Brazil. |
Although he failed to win Royal Ascot, Animal Kingdom still has a lucrative stud career awaiting him. |
Siberia is being touted as a beacon of light by the Russian government as it looks east for growth. |
Top News
Editor's Picks
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The prime real estate market in Russia's capital offers great returns - for those willing to take the risks, analysts say.
CNBC Meets
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Former tennis player Andre Agassi tells CNBC the private sector is the best means through which to create better schools in America.
Charting Asia with Daryl Guppy
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China remains one of Asia's worst-performing stock markets this year, but there are reasons to believe the prevailing downtrend for the long-time laggard may be coming to an end.
Coming Up On CNBC
Asia-Pacific News
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Australia's economy has been clouded with negative forecasts in recent weeks, but a recent report argues the economy is poised for a rapid acceleration in the coming months.
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Activity in China's vast manufacturing sector may have decelerated further in June, the flash HSBC China purchasing manager's index (PMI) is expected to show.
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Investor confidence in emerging markets continues to plummet, with a fund managers' survey by BofA Merrill Lynch showing that equity investment in the group has fallen to its lowest level since 2008.
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Global fish prices have leapt to all-time highs as China's growing appetite for high-end species runs up against lower catches. The Financial Times reports.
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Asia will spearhead the rise in global stock markets from now until the end of the year, according to a worldwide Reuters poll.
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Strong export numbers from Japan are a hopeful sign for the success of the country's economic policies but it's still early days to say that the country's export sector has turned a corner, analysts say.
Europe News
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Economist and former member of the Bank of England's Monetary Policy Committee, Adam Posen said while outgoing governor Mervyn King will be remembered as being a great public servant, he made a series of misjudgements.
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Ryanair CEO Michael O'Leary finalized an order for 175 Boeing 737-800 aircraft at the Paris Air Show but he said he was disappointed that neither Boeing nor Airbus could offer him a few more seats on their single-aisle planes to allow for cheaper fares.
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"Proactive vigilance" is needed to safeguard the "hard won" solvency of Spain's banking system, and Europe needs to do more to ease Spain's financial woes, the IMF has warned.
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In a week that has seen Boeing's Dreamliner meet its new challenger in the form of the Airbus A350, the U.S. firm maintains that the new European aircraft will not affect its share of the wide body market.
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Cyprus' president has asked euro zone leaders for a complete revamp of his country's 10 billion euro ($13.4 billion) bailout, the Financial Times reports.
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Britain's Vodafone Group has raised its preliminary offer to buy Kabel Deutschland, Germany's largest cable operator, a source close to the situation has told CNBC.
Paris Airshow 2013
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Ryanair CEO Michael O'Leary finalized an order for 175 Boeing 737-800 aircraft at the Paris Air Show but he said he was disappointed that neither Boeing nor Airbus could offer him a few more seats on their single-aisle planes to allow for cheaper fares.
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The Paris Airshow, the world's biggest, is celebrating its 50th anniversary this year. Click ahead for the highlights from the show.
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In a week that has seen Boeing's Dreamliner meet its new challenger in the form of the Airbus A350, the U.S. firm maintains that the new European aircraft will not affect its share of the wide body market.
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As trade between African nations rises, there is also a growing need for fast, efficient travel between countries. Yet air transport links remain under-developed.
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Bombardier Commercial Aircraft's President says the Canadian aircraft manufacturer is bullish on the BRIC nations as it details its new CSeries planes at the Paris Air Show, hoping to take advantage of a gap in the market.
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After an opening day at the Paris Air Show that saw Airbus announce an impressive amount of orders, Boeing fought back on Tuesday with a raft of orders and the launch of the latest in the line of 787 Dreamliners, the 787-10.
Industrial Revolutions
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Find out how self-driving cars could revolutionize the auto industry in the next decade.
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From the first flight in 1903, air travel has come a long way - and trips to outer space could be next.
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Start-ups are using social networking and technological advances to innovate personal banking and give control back to the consumer.
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MIT is focusing on technology that could redefine the process of construction.
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Companies are moving beyond the mouse and touchscreens to create the next form of computer interactivity.
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Experts believe that fusion energy - which would never run out and is environmentally-friendly - could one day form 50% of the energy market, although it may not come into use for another few decades.
Technology
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Less than one week after E3, Microsoft has announced a major policy change on the most controversial policies of the Xbox One, bowing to growing negative consumer sentiment.
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Microsoft was recently in advanced talks about purchasing Nokia's device business, according to a report in the Wall Street Journal, but talks have faltered.
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The tech giant announced that the HBO GO and WatchESPN applications are now available on its Apple TV platform.
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Three attorneys general want Google to change the way its search engine displays results, accusing the company of helping facilitate the sale of illegal goods.
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.93x70.jpg?v=1369922428 "Dish Focuses on Clearwire")
Dish Network Corp said it would not make a new offer to buy Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp.
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The 'anonymous' search engine DuckDuckGo is getting a boost off the PRISM scandal that is putting big tech companies like Google and Apple to shame.
Finance
NetNet
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His term expires January. People are saying Obama fired him earlier this week. Bernanke won't talk about it.
Market Insider with Patti Domm
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Taper Tantrum! Fed Chairman Ben Bernanke stated again that if economic conditions continue to improve, the Fed will begin tapering its bond purchases by year end.
By the Numbers
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The CBOE Volatility Index, the market's so-called fear gauge, stretched over a 22 percent range in each of the last two weeks, its first such streak since March.
Opinion
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Forcing businesses to pay the minimum wage for interns ignores both the costs incurred by the host business and the value received by the intern.
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Diana Furchtgott-Roth, Manhattan Institute senior fellow, parses the data and says the comparison is bogus.
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A panel of experts and Larry Kudlow discuss the Supreme Court's refusal to declare "pay to delay" deals between pharmaceutical companies and generic drugmakers illegal.
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Can anyone tell me with a straight face that they knew the S&P 500 would be flirting with all time highs right now, asks investment adviser Michael Farr.
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The euro is a unique example of an asset class with intrinsic investment features, but is it a reliable store of value?
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Scott Rasmussen, Rasmussen Reports, discusses a recent poll that found 57 percent of people believe the government will use NSA surveillance data against political opponents.