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Stocks End Lower Amid Fed Taper Talk; Dow, S&P Briefly Hit Fresh Highs
Europe Stock Market News, Business News, Financial, Earnings, World Market News and Information
Europe Top News
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As Western economies come to terms with low growth and an inability to afford their social commitments, nationalist and isolationist movements will come to the forefront, HSBC's Stephen King told CNBC.
Highlights
Using a Peace Corps model, Wharton's International Volunteer Program offers consulting services to cash-strapped NGOs. |
BridalBrokerage.com is cashing in on broken nuptials by selling canceled wedding packages to couples at a discount. |
After 123 days being grounded, Boeing Dreamliners are about to once again make commercial flight in the United States. |
Here are the world’s most pirate-infested waters, and stories of individual attacks from each area. |
The process of matching jobless workers to vacancies is deteriorating in the euro zone, according to Goldman Sachs. |
Denmark's Emmelie de Forest won Eurovision on Saturday before an international TV audience of around 125 million, clinching the coveted crown of euro-pop. |
Europe Top News
Editor's Picks
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Traditional parties that make up Italy's coalition government will become history, Beppe Grillo, the leader of the anti-establishment "Five Star Movement" told CNBC.
CNBC Meets
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London's Mayor accused the former government of leaving young people without the skills to challenge migrants.
Coming Up On CNBC
Technology
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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.
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Dell Inc. tells suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself.
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ZenoRadio takes advantage of a loophole in the Telecommunications Act of 1996 to provide a radio service to mostly immigrant customers.
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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.
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Investors had every reason not to trust the market after last year's Facebook fiasco—a high-profile IPO gone bad on multiple levels. Yet trust is coming back.
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Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.
Finance
NetNet With John Carney
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With the $1.1 billion acquisition of Tumblr, Yahoo is putting a serious claim in for the future of social and mobile technology. The deal will be a test for Marissa Mayer.
Market Insider with Patti Domm
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The big event this week is Wednesday, when U.S. Federal Reserve Chair Ben Bernanke testifies in front of the Joint Economic Committee.
By the Numbers
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The Dow is up nearly 22 percent since mid-November. Many think the market's overdue for a pullback, but historical correlations indicate that it may not be.
Opinion
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Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.
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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.
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Gov. Pence, (R-IN), says Congress needs to hold the Obama administration accountable on the IRS scandal.
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CNBC's Rick Santelli explains the need for balance when deciphering budget deficits; natural gas supplies; and IRS snooping on conservative groups.
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Will the IRS scandal and continued huge deficits embolden the Tea Party in 2014? CNBC Contributor Jared Bernstein and Jennifer Stefano, Americans For Prosperity discuss.
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Sen. Mitch McConnell, (R-KY), says targeting of conservative groups is not exclusive to the IRS.