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Mortgage rates at record low again

Written By Emdua on Kamis, 20 September 2012 | 08.40

Mortgage rates fell to a record low once again in the latest reading. NEW YORK (CNNMoney) -- Mortgage rates fell to record low levels once again last week, as the Federal Reserve's decision to buy billions in home loans for the foreseeable future...
08.40 | 0 komentar | Read More

Growth worries pressure U.S. stocks

Click the chart for more market data NEW YORK (CNNMoney) -- U.S. stocks logged modest declines Thursday, as disappointing reports in Asia and Europe showed further signs of slowing global growth. Dow Jones industrial average, S&P 500 and...
08.10 | 0 komentar | Read More

Madoff victims get another $2.5 billion

Another $2.5 billion is being returned to victims of Ponzi schemer Bernard Madoff. NEW YORK (CNNMoney) -- Victims of Bernard Madoff's Ponzi scheme will receive another $2.5 billion of their stolen funds, a court-appointed trustee said Thursday....
07.40 | 0 komentar | Read More

Jobless claims dip slightly

Those filing for first-time unemployment benefits remained higher than forecasts last week. NEW YORK (CNNMoney) -- The number of people filing for their first week of unemployment benefits fell slightly last week, the government said Thursday. ...
06.39 | 0 komentar | Read More

Mississippi has highest poverty and lowest income

Click on the map to see poverty and income levels in your state. NEW YORK (CNNMoney) -- Mississippi once again leads the nation in poverty and lags in median household income. According to U.S. Census Bureau figures released Thursday. Mississippi...
05.09 | 0 komentar | Read More

Stocks: Set for lower open on global slowdown

Click on chart for more premarkets data. NEW YORK (CNNMoney) -- U.S. stocks were poised for a lower open on Thursday, as disappointing reports in Asia and Europe showed signs that business everywhere continues to stall. Dow Jones industrial...
04.10 | 0 komentar | Read More

The iPhone 5 may be Apple's last blowout U.S. bestseller

The iPhone 5 could be the best-selling U.S. phone of all time. NEW YORK (CNNMoney) -- The iPhone 5 hasn't even hit stores yet and it's already blowing the doors off the competition. Apple pre-sold 2 million iPhone 5s in one day, setting a new smartphone...
03.43 | 0 komentar | Read More

Federal Reserve policies favor the rich

NEW YORK (CNNMoney) -- The Federal Reserve's most recent stimulus is expected to boost homes prices and the stock market, but what if you're too poor to invest in either? The Fed unveiled its third round of stimulus last week. The massive bond-buying...
03.43 | 0 komentar | Read More

Factory data sends China stocks to nearly 4-year low

Investors were spooked by a report from HSBC that contained more bad news for China. HONG KONG (CNNMoney) -- World markets dropped Thursday as weak economic data from China unnerved investors and sent the Shanghai Composite Index to its lowest level...
03.03 | 0 komentar | Read More

Manufacturing growth slows in China

Written By Emdua on Rabu, 19 September 2012 | 21.20

A worker at an automobile plant in Beijing, China. HONG KONG (CNNMoney) -- Manufacturing growth in China continued to slide in September, according to a key initial reading released Thursday. HSBC's initial purchasing manager's index for Chinese...
21.20 | 0 komentar | Read More

Two million more expected to pay penalty under Obamacare

The Supreme Court ruled that the so-called individual mandate in President Obama's health care law was constitutional earlier this year. NEW YORK (CNNMoney) -- Congress' official scorekeeper said Wednesday that roughly two million more Americans...
16.51 | 0 komentar | Read More

2011 seafood catch largest in nearly two decades

U.S. fishermen caught more than 10 billion pounds of fish and shellfish last year. NEW YORK (CNNMoney) -- U.S. fishermen recorded their largest catch since 1994 last year, according to a new report from the National Oceanic and Atmospheric Administration....
15.49 | 0 komentar | Read More

Chase's website slowed by glitches

NEW YORK (CNNMoney) -- Chase's website was slow and unavailable for some users for several hours on Wednesday, one day after Bank of America experienced similar issues. Around 1:40 p.m. ET on Wednesday, Chase's Twitter account tweeted: "Chase.com is...
15.22 | 0 komentar | Read More

Online poker exec pleads guilty in money laundering case

NEW YORK (CNNMoney) -- A former online poker executive has pleaded guilty to laundering illegal gambling proceeds for the popular gaming sites Pokerstars and Full Tilt Poker, federal officials announced Wednesday. Nelson Burtnick, 41, admitted that...
14.10 | 0 komentar | Read More

Fewer people have terrible credit scores

NEW YORK (CNNMoney) -- As more people cut back on taking on new debt and others ditch credit altogether, fewer are ending up with rock-bottom credit scores. Compared to last year, about 1.4 million fewer people are now in the lowest FICO scoring range,...
14.10 | 0 komentar | Read More

Groupon launches credit-card payments service

NEW YORK (CNNMoney) -- Groupon is throwing down hard in the mobile payment space, with a guarantee that its new Payments service is "the lowest-cost option" for merchants who run a daily deal with the company. Groupon Payments, which is available through...
11.09 | 0 komentar | Read More

Richest 400 Americans get richer

Warren Buffett and Bill Gates rank first and second on Forbes' list of the 400 richest Americans. NEW YORK (CNNMoney) -- The rich got quite a bit richer this past year, according to this year's rankings of the 400 wealthiest Americans. Forbes...
10.40 | 0 komentar | Read More

Tourism on pace to set a record in 2012

Tourism is on pace to set a record in 2012, despite the sluggish economy. WASHINGTON (CNNMoney) -- The economic recovery remains sluggish, but that isn't stopping tourists from visiting the United States. Tourism is on pace to set a record in...
10.40 | 0 komentar | Read More

Asia's millionaires outnumber those in North America

The number of ultra-wealthy people in the Asia-Pacific region is now larger than in North America. NEW YORK (CNNMoney) -- For the first time ever, there are now more millionaires in Asia than in North America, driven by growth in China and Japan....
09.39 | 0 komentar | Read More

Stocks stuck in a rut

NEW YORK (CNNMoney) -- Stocks opened little changed Wednesday, in the wake of weak U.S. housing data. Investors have been cautious over the past week or so as they watch central banks around the world do what they can to fuel economic growth. ...
07.10 | 0 komentar | Read More

American cancels flights as pilots call in sick

American Airlines has been forced to cancel 250 flights so far this week, as pilots angry about their contract are calling in sick. NEW YORK (CNNMoney) -- American Airlines canceled 250 flights this week and will cut capacity by up to 2% through...
07.10 | 0 komentar | Read More

Home construction shows strength

NEW YORK (CNNMoney) -- The home building industry flexed a little muscle in August as both building starts and permits rose substantially compared with a year earlier, according to a government report issued Wednesday. Builders started on new homes...
06.10 | 0 komentar | Read More

Yahoo to return $3 billion to holders on Alibaba deal

Yahoo plans to return $3 billion back to shareholders from its Alibaba repurchase deal. NEW YORK (CNNMoney) -- Yahoo says it will return $3 billion to shareholders after selling back about half of its 40% stake in Chinese company Alibaba for $7.1...
04.40 | 0 komentar | Read More

Americans: China is an economic threat

Americans regard China as an economic threat, according to a new survey. HONG KONG (CNNMoney) -- Americans are concerned over China's growing economic strength, and most want U.S. leaders to be tough with China on trade and economic issues, according...
04.10 | 0 komentar | Read More

Stocks to rise on Japan stimulus

Click on chart for more premarket data. NEW YORK (CNNMoney) -- U.S. stocks were poised to rally at the open Wednesday after the Bank of Japan announced a monetary boost to address weak economic growth. The Bank of Japan announced Wednesday...
02.39 | 0 komentar | Read More

The case for investing in bonds, too

NEW YORK (Money Magazine) -- I'm 52 and have had 100% of my savings in stocks since I began investing at age 25. Given my high risk tolerance and the fact that I expect that my pension and Social Security to cover a substantial portion of my expenses...
02.12 | 0 komentar | Read More

Bank of Japan announces new monetary easing

Written By Emdua on Selasa, 18 September 2012 | 23.18

Bank of Japan Governor Masaaki Shirakawa at a press conference in Tokyo. HONG KONG (CNNMoney) -- The Bank of Japan announced Wednesday that it would expand its asset purchase program by 10 trillion yen in an effort to stimulate its economy as global...
23.18 | 0 komentar | Read More

Japan Airlines debuts with second largest IPO of the year

A Japan Airlines jetliner taking off from the Haneda International airport in Tokyo. HONG KONG (CNNMoney) -- Japan Airlines took another step toward redemption Wednesday as it was re-listed on the Tokyo Stock Exchange almost three years after a...
20.30 | 0 komentar | Read More

Bank of America's site down in prolonged outage

NEW YORK (CNNMoney) -- Bank of America's website was slow or entirely unavailable for most users on Tuesday, in an outage that the bank hadn't explained by the end of the day. Bank of America (BAC, Fortune 500) spokesman Mark Pipitone said the company...
16.10 | 0 komentar | Read More

Goldman Sachs names new CFO

Goldman Sachs' CFO David Viniar announced his retirement Tuesday. NEW YORK (CNNMoney) -- Goldman Sachs' CEO Lloyd Blankfein doesn't show up for the bank's conference calls, but David Viniar, the bank's chief financial officer, is always on tap to...
14.48 | 0 komentar | Read More
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