cnbc

Facebook looks set to file papers for its public stock offering by as soon next Wednesday, CNBC reported Friday.

Market wrap-up for September 26th, 2011. End of the Day: Dow Jones up 272 to 11,043.86; Nasdaq up 33 to 2,516.69; S&P 500 up 27 to 1,162.95 The following is a brief summary of events moving markets today:

• In Europe, it's not TARP.
  
  But it's like TARP: Reports earlier in the session had European finance ministers planning an aggressive bailout, not unlike TARP that was carried out in the States three-years ago.
  
  CNBC reported that some EFSF funds would be used to shore up European bank capital. Additional money would be used to set-up a European investment bank (EIB),

CNBC — not its smaller rivals — seems to be gaining the most from interest in the downgrade of the United States debt rating and concern over European banks.

Facebook is set to file for an initial public offering of its shares that could value the popular social networking site at more than $100 billion, financial news channel CNBC reported on Monday.

Investment firm General Atlantic is investing in Facebook, valuing the leading social network at $65 billion, representing a 30 percent boost from its last big investment in January, according to a report on CNBC.

Here is a recap of the top news items from this week on Wall Street: 1. Stocks continued the now-almost month long rally this week; the Dow rose by almost 2.6%, making its total gain for the month of September at about 8.4%.

Equities performed extremely well on Friday, with buyers being intrigued by extremely bullish comments from Appaloosa's David Tepper on CNBC's Squawk Box.

In the interview, Tepper explains that in its recent statement the Fed indicated that it wants economic growth, and doesn't care about inflation.

In this interview, CNBC anchor Maria Bartiromo talks about covering Wall Street during the critical days and the aftermath of the Lehman Brothers collapse -- the subject of her new book, "The Weekend That Changed Wall Street." Your book is a play-by-play of the Lehman collapse that took place two years ago.

U.S. consumer spending and incomes were unexpectedly flat in June, while personal savings scaled their highest level in a year, according to a government report on Tuesday that implied an anemic economic recovery for the remai

Since Google announced its "new approach to China" on January 12th, the Dow's gone up 1.20 percent and the Nasdaq's risen 3.52 percent.  Google's stock, meanwhile, has fallen 7.41 percent.  But one financial analyst stated today that there's no need to panic if Google pulls out of China.

Curling has captivated Wall Street thanks to CNBC, which switches to curling coverage after the closing bell.