Strains have emerged in Italy's new coalition government just weeks after its formation. But, former Prime Minister Mario Monti said he does not believe an election will be called any time soon.
Rumors that Brazil's social security fund,Bolsa Familia, was to be cancelled led thousands of people to withdraw money from Brazilian banks over the weekend.
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.
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.
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.
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.
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.
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.
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.