On a day where markets are rattled by sovereign debt issues, yet encouraged that a European bailout of Greece may be imminent, markets have also reacted to domestic developments.
Just as the Baby Boom generation shifted the trajectory of American culture in the post-World War II era, as the first wave of Boomers reaches retirement age, they are beginning to shift the paradigm of how—and where—Americans spend their post-career years.
Though the stock market is "overpriced," it's still "not a bad investment, all things considered," says economist Robert Shiller.
In addition, CEO John Donahoe will step down as CEO of eBay once the split takes effect in 2015.
Third Point has taken a "significant" position in eBay, a source told CNBC.
Intel is trying wearable technology for size.
Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.
Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.
Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."
“Squawk on the Street” Co-Anchor
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.