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Latest financial news - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
World markets rally, Nikkei gains 2%
6 Sep 2010 at 7:44pm
World markets rallied Monday, with Asian stocks logging their fourth straight session of gains.
Wall Street faces an economy at a 'crossroads'
6 Sep 2010 at 6:17pm
Stocks started September with a bang as investors cheered a rare dose of good economic news but investors may need to buckle in for the coming week: It's a holiday-shortened week with little on the docket to set the tone.
81% rate U.S. economy as 'poor' - CNN poll
5 Sep 2010 at 3:42pm
A new national poll released Sunday indicates that eight in 10 Americans say that the economy is in poor shape, and the number that say conditions are very poor is on the upswing after steady declines through the spring.
Obama's economy boost - just don't call it stimulus
3 Sep 2010 at 11:54pm
President Obama is pledging to propose a new package of job-boosting ideas next week -- just don't call it stimulus.
Dollar slips on return to risk
3 Sep 2010 at 7:23pm
As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
Where the jobs are now, and where they'll be next
3 Sep 2010 at 9:07pm
U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.
What went wrong at Burger King
3 Sep 2010 at 6:17pm
It's not yet clear what Burger King's new owner, the Brazilian-backed private equity firm 3G Capital, has in mind for the troubled No. 2 fast-food chain. But a total strategic revamp is in order.
Dow back in the black for 2010
3 Sep 2010 at 10:57pm
Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
Strongest jobs recovery in decades. Seriously
3 Sep 2010 at 3:42pm
A jobless recovery? Hardly.
August jobs report: Signs of life for employment
3 Sep 2010 at 6:08pm
Business hiring is picking up, but not enough to make up for the massive losses of temporary government jobs.
Kia recalling fire-prone cars
3 Sep 2010 at 1:25pm
Hyundai-Kia Motors is recalling more than 35,000 cars with fire-prone electrical wiring systems, said the National Highway Traffic Safety Administration.
Stock futures pop after jobs report
3 Sep 2010 at 3:02pm
Stocks futures jumped Friday after the August employment report showed that employers cut fewer jobs than economists were expecting and added more private-sector jobs than forecast.
Should US government debt be rated junk?
3 Sep 2010 at 3:01pm
A few weeks ago, Hedgeye, the investment research firm where I'm a managing director, hosted a conference call for our subscribers that posed the question, "Should U.S. Government Debt Be Rated Junk Status?" Given that debt issued by the U.S. government continues to trade at almost all-time lows in yield, this is a contrarian call to say the least.
I have $10,000 and four months. Where do I invest?
3 Sep 2010 at 12:01pm
Question: I have a budget of $10,000 for a stock simulation I'm doing for a business and personal-finance class. What stocks should I invest in to make the most money in four months? -- Matt
From Detroit, a fix for smog-belching motorcycles
3 Sep 2010 at 11:48am
When Americans debate the impact of fuel emissions on the environment, they usually talk about cars and trucks. But what about smaller vehicles like motorcycles, scooters, lawnmowers and ATVs?
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