Wall Street bracing for volume surge

U.S. financial markets will reopen Wednesday, after being shuttered for two days to deal with the devastating impact of Superstorm Sandy. NEW YORK (CNNMoney) -- Trading volume is expected to surge when U.S. financial markets reopen Wednesday, two...

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A new type of 401(k): No fund picking allowed

With a managed 401(k), you can leave investing decisions to the experts. (Money Magazine) -- The 401(k) is the best tool you have to save for retirement, but it can be an awfully clumsy one. In a typical plan, your employer essentially hands you...

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Disney to buy Lucasfilm for $4 billion

Lucasfilm founder George Lucas, creator of Star Wars, is selling his company to Disney for $4 billion. NEW YORK (CNNMoney) -- The Walt Disney Company agreed Tuesday to buy Lucasfilm in a stock-and-cash deal valued at $4 billion. The deal will make...

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East Coast Netflix viewing doubles during Sandy

With schools, workplaces and public transportation closed Monday in many East Coast cities, some residents who still had power turned to Netflix. NEW YORK (CNNMoney) -- As Hurricane Sandy barreled toward the East Coast on Monday, some of those cooped...

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Home prices rise for fifth month in a row

NEW YORK (CNNMoney) -- The housing market picked up more momentum in August, as the average home price for 20 major cities jumped 0.9%, according to the S&P/Case-Shiller home price index The increase marked the fifth consecutive month of gains for...

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U.S. stock market likely to reopen Wednesday

U.S. stock markets were shut for two days as New York City dealt with the impact from Hurricane Sandy. NEW YORK (CNNMoney) -- U.S. financial markets are expected to reopen Wednesday, after being shuttered for two days to deal with the impact of Hurricane...

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Sandy's hit to the economy

Experts believe Hurricane Sandy's impact will be enough to lower the nation's gross domestic product. NEW YORK (CNNMoney) -- Even before Hurricane Sandy causes any significant property damage, it is costing billions of dollars as businesses shut down...

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New York tech events canceled due to Hurricane Sandy

Tech blog AllThingsD was one of several companies forced to cancel New York events this week due to the weather. NEW YORK (CNNMoney) -- Silicon Valley is the national technology hub, but New York gets its share of tech events -- and many of this week's...

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Hurricane Sandy grounds airlines for days

NEW YORK (CNNMoney) -- Airlines have canceled thousands of flights ahead of Hurricane Sandy, and stranded travelers shouldn't expect any relief until the weekend. Cancellations have been announced for flights going to and from East Coast cities such...

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Rajaratnam associate to pay SEC insider fine

Another associate of Raj Rajaratnam has been charged with insider trading by the Securities and Exchange Commission. NEW YORK (CNNMoney) -- The Securities and Exchange Commission says that a former chief financial officer of Xilinx Inc. has agreed...

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9 more banks under scrutiny in Libor investigation

NEW YORK (CNNMoney) -- A state investigation into whether some of the world's biggest banks manipulated key global interest rates has widened to 16 institutions, according to a source familiar with the matter. New York state Attorney General Eric Schneiderman...

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Stocks: Ahead of the election, jobs in focus

Click the chart for more stock market data NEW YORK (CNNMoney) -- With just over one week left until the hotly contested presidential elections, investors will pin their attention on the domestic economy this week. But with Hurricane Sandy heading...

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9 more banks under scrutiny in Libor investigation

NEW YORK (CNNMoney) -- A state investigation into whether some of the world's biggest banks manipulated key global interest rates has widened to 16 institutions, according to a source familiar with the matter. New York state Attorney General Eric Schneiderman...

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Rajaratnam associate to pay SEC insider fine

Another associate of Raj Rajaratnam has been charged with insider trading by the Securities and Exchange Commission. NEW YORK (CNNMoney) -- The Securities and Exchange Commission says that a former chief financial officer of Xilinx Inc. has agreed...

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Do I need to invest in stocks for retirement?

NEW YORK (CNNMoney) -- Can I skip investing in stocks altogether during retirement if I have saved a lot? -- Andrew C., Florida After seeing stocks plummet almost 60% between late 2007 and early 2009, I understand why you may want to avoid them. And...

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Stocks inch higher after GDP

Click the chart for more stock market data. NEW YORK (CNNMoney) -- U.S. stocks turned lower Friday after a reading on consumer sentiment fell short of expectations. While the University of Michigan's index measuring consumer sentiment improved...

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Q3 GDP: U.S. economy picks up

NEW YORK (CNNMoney) -- U.S. economic growth picked up in the third quarter, boosted by stronger consumer spending, an improving housing sector and increased defense spending. Gross domestic product, the broadest measure of the nation's economic health,...

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Who gets rich off 'free' government phones

NEW YORK (CNNMoney) -- One of America's fastest-growing wireless carriers is a company you've probably never heard of: Tracfone Wireless. It's the U.S. arm of a telecom empire controlled by the world's richest man, Carlos Slim, and it's the biggest player...

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Fewer Americans file for unemployment benefits

Job seekers pick up applications at a career fair in Los Angeles. NEW YORK (CNNMoney) -- First-time claims for unemployment benefits fell last week, but the broader trend remains choppy, making it difficult to get a clear reading on the job market...

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Stocks hold gains in early trading

Click for more market data. NEW YORK (CNNMoney) -- U.S. stocks were modestly higher Thursday, as investors sorted through the latest corporate results and economic data. The Dow Jones Industrial Average rose 0.5%, while the S&P 500 and the...

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American Airlines to hire 2,500 pilots

American Airlines pilots protesting the concession contract being imposed on them in September. Despite the ongoing contract dispute, the airline says it will hire 2,500 pilots over the next five years. NEW YORK (CNNMoney) -- The iconic, but troubled,...

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Windows 8 vs. Windows RT: It matters. Let's explain.

NEW YORK (CNNMoney) -- By now, you're probably aware that on Friday Microsoft is launching Windows 8: a touch-enabled, completely reimagined version of its nearly three-decade old PC operating system. Microsoft will also be debuting a second, related...

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Buffett: Better growth ahead for U.S. economy

Warren Buffett is optimistic about the U.S. economy despite problems facing other economies around the globe. NEW YORK (CNNMoney) -- Warren Buffett sees the U.S. economy bucking the trend of slower growth across the rest of the world, and expects...

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New-home sales hit 2-year high

New home sales hit a two-year high in September. NEW YORK (CNNMoney) -- In another sign of a housing market recovery, new-home sales rose in September to the highest level in more than two years, according to a government report released Wednesday....

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