europe

16 Big Bubbles That Are Getting Ready to Pop

With stocks markets soaring, many wonder if equities will be the next bubble to burst. But stocks aren't the only assets that look frothy: These are showing danger signs too.

Eurozone Joblessness Rises to a Record 12%

Unemployment across the 17 European Union countries that use the euro has struck 12 percent for the first time since the currency was launched in 1999, official figures show.

Behind Cyprus' Plan to Seize Bank Deposits

A plan to seize up to 10 percent of Cypriot's savings has been met with fury and raised concern, if not panic, in the rest of Europe about the security of bank deposits.

World Stocks Surge; Dow Breaks All-Time High

World stock markets rose Tuesday as investors applauded China's pledge to stick to economic growth targets for its economy, the world's second largest. Outgoing Premier Wen Jiabao said the government would spend what it needs to meet the target of 7.5 percent enshrined in the latest five-year development plan.

5 Foreign Stocks You Can Snap Up at Bargain-Basement Prices

when a country's stock market gets crushed due to wider economic concerns, some promising often stocks get unfairly punished. Here are five foreign companies whose shares are trading now at attractive prices, along with explanations for why they're such bargains.

Midday Report: Is the Stock Market Due for a Correction?

U.S. stocks spiraled downward in a late-day frenzied sell-off Monday. European markets followed their cue and sold off sharply early Tuesday. CNNMoney's Fear & Greed Index tumbled into neutral -- a level it hasn't touched in two months. Wall Street asks: Is a stock market correction coming?

Midday Market Minute: Michael Kors Shares Jump To Lifetime High

Fashion company Michael Kors Holdings Ltd raised its full-year forecast after handily beating Wall Street estimates for its third-quarter results with the help of strong sales of luxury items in North America and Europe during the holidays. The results sent the company's shares up 13 percent to a lifetime high on the New York Stock Exchange.

Barclays to Cut 3,700 Jobs As Part of 'Project Transform'

Barclays new chief executive pledged a fresh course for the British lender on Tuesday, axing at least 3,700 jobs and pruning its investment bank as he seeks to rebuild its reputation and boost profitability after a series of scandals.

U.S. Investors, Take Note: The Robin Hood Tax May Be Coming

It's a simple idea: Levy a tax on stock, bond, and derivatives trades so small that it only impacts speculators and the biggest high-speed traders, and use the proceeds to fight poverty and climate change. In Europe, it's gaining momentum, and the U.S. could be next.

4 Surprising Nations That Minted 6 New Forbes Billionaires

When the next Forbes billionaires list is released, 32 new names will be on it. And while most hail from the sort of countries you'd expect -- the United States, China, EU nations -- a half dozen made their fortunes in more surprising places.