CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. The NFL draft is this week. Lots of economic data will drive the markets this week. And big names
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Investors from the U.S. and Canada have agreed to back a plan to buy embattled bitcoin exchange Mt.Gox in the hope of clawing back their losses.
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Discussing the anticipation on Wall Street ahead of Fed Chair Janet Yellen's FOMC announcement, with Kenny Polcari, O'Neil Securities, and Abigail Doolittle, Peak Theories founder.
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Gold prices held steady on Tuesday, after Germany tempered hopes for a concrete solution to the euro zone's debt crisis at the European Union summit this weekend, dampening sentiment in equities and commodities.
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The euro rose on Tuesday but remained below the previous day's one-month high, having taken a hit after Germany tempered hopes that European leaders would soon come up with a quick, comprehensive solution to the euro zone's debt crisis.
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Mad Money host Jim Cramer says there are a lot of important earnings out next week, but most important of all is to see if Europe gets its act together with a real plan. Also, keep an eye on the euro, as it will set the tone for the week.
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Insight on whether optimism about Europe continues to drive markets higher from here, with James Paulsen, Wells Capital Management and Joseph Duran, United Capital Financial Advisers.
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Euro group Chairman Jean-Claude Juncker proposed a ten-point plan to solve the euro zone's debt crisis, including automatic sanctions for fiscally irresponsible governments, expanded authority for the commission and a dividend for taxpayers who rescue banks.
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Japanese Finance Minister Jun Azumi urged Europe on Tuesday to come up with a transparent scheme to resolve the Greek debt crisis, to help stabilize the world economy and keep the euro from weakening too much against the yen.
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The UK’s finance minister, Chancellor of the Exchequer George Osborne vowed to continue the coalition government’s austerity program on Monday telling delegates at his Conservative party’s annual conference in Manchester, UK, that Britain would “ride out the storm.”
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The markets got a pop on news that the EU has a detailed plan in the works to lever EFSF money. The European Investment Bank would create a vehicle to issue bonds, and purchase sovereign debt, reports CNBC's Steve Liesman.
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An EU official tells CNBC's Steve Liesman that a detailed plan is in the works on levering EFSF money. "The plan would use some EFSF money to shore up bank capital," adds Liesman.
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Europe's debt crisis has worsened and the world economy has entered into a dangerous new zone, says Christine LaGarde, IMF managing director. CNBC's Maria Bartiromo asks LaGarde why she is focusing on short-term measures.
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"I've no regrets." Federico Ghizzoni, chief executive of UniCredit, told the FT after his first year in the top job at Italy's largest bank by assets.
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Europe's woes take center stage and stocks react negatively in spite of President Obama's $450 billion jobs plan, with Brian Stutland, Stutland Equities options actions contributor.
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