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Home Depot Earnings Top Estimates, Boosted by Housing Recovery

Europe Stock Market News, Business News, Financial, Earnings, World Market News and Information

Europe

Europe Top News

  Highlights

After 123 days being grounded, Boeing Dreamliners are about to once again make commercial flight in the United States.

More than 8,000 French households' tax bills topped 100 percent in 2012, a French newspaper reported.

Nationalist and isolationist movements will increasingly come to the forefront in Western nations, according to HSBC's chief economist.

The rise in empty shops in towns across the U.K. is a "major concern."

Inflation in Britain will peak over the summer Ernst & Young warned on Monday.

There are no signs of a turnaround for the euro zone after six straight quarters of recession, and even once mighty Germany is struggling.

Coming Up On CNBC

Technology

  • The board of Yahoo agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, a signal of how the company plans to reposition itself as the technology industry makes a headlong rush into social media, the NYT reports.

  • Dell Inc. tells suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself.

  • ZenoRadio takes advantage of a loophole in the Telecommunications Act of 1996 to provide a radio service to mostly immigrant customers.

  • Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.

Finance

NetNet With John Carney

By the Numbers

Opinion

  • china-factory-worker.jpg

    The low-cost advantage that China once enjoyed (at least in the East Coast cities called the Gold Coast) is starting to fade. The Chinese are beginning to outsource to India and Africa.

  • Broken Budget Promises?

    According to a CBO report, tax hikes outweigh spending cuts by 6-1. Henry Blodget, Business Insider, and Jim Pethokoukis, American Enterprise Institute, discuss.

  • Larry Kudlow

    Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.

  • Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.

  • Red State Path to Prosperity

    Gov. Pence, (R-IN), says Congress needs to hold the Obama administration accountable on the IRS scandal.

  • Santelli: Keep It Simple, Keep It Honest, Keep It Non-partisan

    CNBC's Rick Santelli explains the need for balance when deciphering budget deficits; natural gas supplies; and IRS snooping on conservative groups.