Russia said any U.S. sanctions imposed on Moscow over the crisis in Ukraine will boomerang back on the United States.» Read More
The EU is one step closer to a fiscal pact as 25 of the 27 European countries agreed on a stricter budget discipline, with George Davis, RBC Capital Markets.
U.S. markets lose early gains after a surprise drop in consumer confidence. Homebuilders are down today after home prices fall again. RadioShack shares plunge after the company severely lowers its Q4 forecast. And the bull run in gold appears to remain intact.
European shares trim early gains on U.S. economic data, but close mostly higher. Portugal stocks underperform peers on worries about possible default. Euro zone unemployment hits highest level since currency was introduced. The euro reverses course, loses ground after early gains. Tomorrow, 27 EU commissioners vote on NYSE-Deutsche Boerse merger. Greek public sector haircuts possible: Eurogroup's Juncker.
CNBC's Rick Santelli shares his thoughts about whether many professional economists are objective or not.
CNBC's Rick Santelli shares his thoughts on why debt forgiveness and Austerity in Europe will choke economic growth, with Howard Dean, former DNC chairman. Dean and Santelli debate the U.S. housing crisis.
US stock index futures indicated a strong open for Wall Street today ahead of a slew of earnings and as hopes rose for a deal between Greece and private sector creditors on restructuring some of the country's debt. European shares are also higher on optimism about Greece, while EU leaders agreed on a stricter budget discipline plan to prevent further debt build up in the region.
US futures point to Wall Street opening higher on the back of a more positive sentiment in Asia and Europe. European shares rose on hopes Greece was nearing a debt swap deal needed to avoid a messy default, while European leaders agreed on stricter budget discipline measures to help prevent further debt accumulation in the region. Asian shares ended mostly higher today but worries over Portugal's refinancing ability capped gains.
Michael Holland, Holland & Company; David Goldman, Macrostrategy.com; and Andrew Busch, BMO Capital Markets, discuss today's market comeback; Europe's economic woes; and whether U.S. stocks are still ridiculously cheap.
A currency strategy on renewed interest in New Zealand's assets, with Amelia Bourdeau, Westpac Institutional Bank.
Kathy Lien, Director of Currency Research, GFT says the key issue to watch in Europe is whether Portugal and Greece will default.
Greg Peters, Morgan Stanley Research, explains why now is the calm before the storm in the European debt crisis.
CNBC's Mandy Drury reports on the down day for U.S. markets, which are off the lows. U.S. banks are down, while Thomas & Betts agrees to be bought by ABB Ltd. Carnival says it's going to take a hit over the Costa Condordia tragedy. They don't believe it will have a long-term impact. And word is that Facebook could file its IPO papers this Wednesday. Morgan Stanley is rumored to be handling the deal.
Markets in Europe extend losses as Wall Street slumps. Bank stocks among the biggest losers. Yields fall in the latest 5- and 10-year auction of Italian debt. Negotiations between Greece and private-sector creditors continue. Underwriters hike cost of insuring Portugal bonds and want upfront payment. And Germany's Merkel to actively support re-election efforts of Frances's Sarkozy.
Insight on how the decision out of Greece will move markets, with Chris Johnson, Johnson Research Group CEO/chief investment strategist and Boris Schlossberg, GFT Forex.
"One of these days something will get done, but whether it's today or not, I don't know," says Dan Greenhaus, BTIG chief global strategist. "Let's remember whatever we agree to with Greece is essentially the model in which Portugal will follow," he adds.
US futures point to Wall Street opening lower on the back of news from Europe and Asia. European shares extended losses today as worries about debt swap talks between Greece and its private creditors continued to weigh on investor sentiment before a European Union summit. In addition, a full return to action for Asian markets, after the lunar New Year holiday, delivered a downbeat tape, with investors disappointed that the Chinese authorities have not eased monetary policy in the manner some had expected, and as the region gets its first chance to price in softer than forecast US fourth-quarter GDP data.
Greg Bundy, Vice Chairman / Senior Adviser, AIMS Finance is more woried of a European recession then defaults and believes that the crisis is delaying US recovery. Nevertheless, he likes US equity markets on the back of strong earnings and balance sheets.
Andrew Economos, MD & Head of Sovereign & Institutional Strategy Asia, JP Morgan Asset Management discusses his outlook for the euro zone crisis and expectations ahead of the EU summit this week.
The European Central Bank's recent lending facility was a good decision, says Jean-Claude Trichet, former ECB president.
The week's top business news and investing advice for next week, highlighting Apple's surge, Facebook's anticipated IPO, Ford, and the euro, with CNBC's Brian Shactman.
Joshua Klein, author of Reputation Economics, discusses how emerging technology is changing commerce as online reputation and data allow companies to tailor their offer to individuals.
Richard Mallinson, geopolitical analyst at Energy Aspects, discusses the impact the crisis in Ukraine could have on the price of oil and gas, as major pipelines linking Russia to Europe run through Ukraine.
Yuriy Lutsenko, leader of the Ukrainian Lidan Movement, casts doubts on the new Ukrainian government's ability to change the system and fight corruption.