10 states to boost minimum wage

Workers in Rhode Island will see their paychecks grow the most -- by an average of $510 a year for the average worker, according to the National Employment Law Project. NEW YORK (CNNMoney) Workers in Rhode Island will see their paychecks grow...

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Merkel warns Europe crisis far from over

German chancellor warns 2013 will be tougher and says reforms must continue LONDON (CNNMoney) But the region's most powerful political leader warns that the economic environment will be tougher in 2013. In an address to mark the New Year, German...

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Stocks: Investors brace for the cliff

NEW YORK (CNNMoney) U.S. stocks opened lower Monday as investors continue to dial back expectations that officials in Washington will prevent tax hikes and spending cuts from kicking in on Tuesday. The Dow Jones Industrial average fell 0.3%, the...

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Fiscal cliff could put your tax refund on hold

Tax refunds could be delayed. NEW YORK (CNNMoney) Congressional dithering over a fiscal cliff fix could force the Internal Revenue Service to delay the start of the filing season. So those expecting to file their returns in mid-January, when the...

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S&P says fiscal cliff impasse won't spark downgrade

President Obama and congressional leaders met Friday at the White House in the latest round of fiscal cliff negotiations. NEW YORK (CNNMoney) S&P made headlines in August of 2011 by knocking the U.S. down from AAA status to to AA+ following...

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Stocks brace for fiscal cliff reckoning

The deadline to avert a looming fiscal crisis is fast approaching. Investors are hoping for the best, but bracing for the worst. NEW YORK (CNNMoney) For weeks, many have worried that no resolution to the fiscal cliff would lead to the kind of brutal...

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Fiscal cliff could put your tax refund on hold

Tax refunds could be delayed. NEW YORK (CNNMoney) Congressional dithering over a fiscal cliff fix could force the Internal Revenue Service to delay the start of the filing season. So those expecting to file their returns in mid-January, when the...

22.16 | 0 komentar | Read More

S&P says fiscal cliff impasse won't spark downgrade

President Obama and congressional leaders met Friday at the White House in the latest round of fiscal cliff negotiations. NEW YORK (CNNMoney) S&P made headlines in August of 2011 by knocking the U.S. down from AAA status to to AA+ following...

22.16 | 0 komentar | Read More

Stocks brace for fiscal cliff reckoning

The deadline to avert a looming fiscal crisis is fast approaching. Investors are hoping for the best, but bracing for the worst. NEW YORK (CNNMoney) For weeks, many have worried that no resolution to the fiscal cliff would lead to the kind of brutal...

22.16 | 0 komentar | Read More

Take control of your spending

NEW YORK (Money Magazine) With 2012 winding down and 2013 fast approaching, now is an excellent time to focus on the single most effective way to build wealth and gain financial security for the long term: taking control of your spending so you can...

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Investors back Italy despite political turmoil

Italy finds demand for bonds as election raises questions about economic reforms LONDON (CNNMoney) Monti's technocrat government collapsed after former Prime Minister Silvio Berlusconi withdrew his support, throwing Italy into an election campaign...

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Stocks fall under fiscal cliff pressure

NEW YORK (CNNMoney) The S&P 500, the Dow, and the Nasdaq were down between 0.5% and 0.6%, as fears grow about the impact of no deal. The uncertainty has taken a toll on markets. Stocks have sold off for four straight sessions as hopes for a...

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Baby recliners recalled after five deaths

Babies R Us, Amazon.com and other retailers are recalling the Nap Nanny recliner because of reports of infant deaths. NEW YORK (CNNMoney) Retailers Amazon.com (AMZN, Fortune 500), Buy Buy Baby and Toys R Us are recalling 150,000 Nap Nanny recliners....

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Stocks in neutral as fiscal deadline looms

NEW YORK (CNNMoney) The Dow Jones industrial average, the S&P 500 both hovered near the break-even point. The Nasdaq fell about 0.1%. Less than a week remains for President Obama and Congress to agree to a plan that would avert tax hikes and...

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Fiscal cliff fears jolt consumer confidence

NEW YORK (CNNMoney) The closely watched Consumer Confidence Index, which measures the American public's sentiments every month, sank six points to 65.1. That's a major turnaround since October, when it reached a four-year high of 73.1. The report...

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Starbucks makes political push on fiscal cliff

Starbucks CEO Howard Schultz asks employees in D.C.-area stores to write 'Come Together' on coffee cups when serving customers. NEW YORK (CNNMoney) In a letter to Starbucks employees made public on Wednesday, Chief Executive Howard Schultz asked...

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Home prices post biggest annual jump in two years

NEW YORK (CNNMoney) The index showed prices up 4.3% in October compared to a year earlier. That's the best improvement since May 2010. But that earlier increase was due to a temporary spike caused by a homebuyers' tax credit of up to $8,000 on homes...

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Stock subdued as wait for Washington continues

NEW YORK (CNNMoney) The Dow Jones industrial average the S&P 500 both rose about 0.1%, while he Nasdaq was little changed. The tepid trading came as investors returned from the Christmas holiday. U.S. markets were closed Tuesday and Monday was...

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Italy's Monti may lead again, reforms key

Monti says he may be a candidate for prime minister if asked by reformist parties LONDON (CNNMoney) Monti stood down, and parliament was dissolved Friday, after former Prime Minister Silvio Berlusconi withdrew his support for Monti's unelected...

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Last minute shoppers bring hope to stores

Shopping has ramped up as consumers rush to get last minute gifts, but experts say the late push may not be enough to save holiday retail sales. NEW YORK (CNNMoney) Estimates for the final shopping weekend aren't out yet, but there's evidence that...

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Stocks tumble as fiscal cliff deadline nears

Click for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average fell 0.4%. The S&P 500 and the Nasdaq both lost about 0.3%. U.S. markets closed at 1 p.m. ET and will remain dark Tuesday for the Christmas holiday. With...

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EPA study supports more natural gas

NEW YORK (CNNMoney) "As the administration and EPA has made clear, natural gas has a central role to play in our energy future," the agency said in a press release. "The administration continues to work to expand production of this important domestic...

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Going over the cliff: What changes, what doesn't

Senate Majority Leader Harry Reid may need to do some heavy lifting to pass a fiscal cliff deal in the Senate, after House Speaker John Boehner's so-called Plan B did not garner enough support in the House. NEW YORK (CNNMoney) The good news: It...

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'Dairy cliff': Milk prices may double in New Year

If Congress doesn't act on an expiring protection for dairy farmers before Jan 1, milk prices could double. NEW YORK (CNNMoney) With Congress spending all its time trying to avert the fiscal cliff, a slew of other legislative matters are going...

22.16 | 0 komentar | Read More

EPA study supports more natural gas

NEW YORK (CNNMoney) "As the administration and EPA has made clear, natural gas has a central role to play in our energy future," the agency said in a press release. "The administration continues to work to expand production of this important domestic...

22.16 | 0 komentar | Read More

Going over the cliff: What changes, what doesn't

Senate Majority Leader Harry Reid may need to do some heavy lifting to pass a fiscal cliff deal in the Senate, after House Speaker John Boehner's so-called Plan B did not garner enough support in the House. NEW YORK (CNNMoney) The good news: It...

22.16 | 0 komentar | Read More

'Dairy cliff': Milk prices may double in New Year

If Congress doesn't act on an expiring protection for dairy farmers before Jan 1, milk prices could double. NEW YORK (CNNMoney) With Congress spending all its time trying to avert the fiscal cliff, a slew of other legislative matters are going...

22.16 | 0 komentar | Read More

Stocks fall more than 1% on fiscal cliff fears

NEW YORK (CNNMoney) It's not the end of the world -- literally or for the fiscal cliff talks -- but the latest signs of gridlock on Washington have struck fear into investors. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq dropped...

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Americans earned more, spent more, saved more

NEW YORK (CNNMoney) Personal income rose 0.6% during the month, and spending rose 0.4%. Meanwhile, people also stashed away a larger portion of their earnings. The savings rate rose to 3.6% in November, up from 3.4% in October. The encouraging...

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Research in Motion shares plunge 17%

Click chart to view more information about RIM's stock. NEW YORK (CNNMoney) RIM's revenue for its fiscal third quarter, which ended Dec. 1, dropped 47% to $2.7 billion, matching the forecasts of analysts polled by Thomson Reuters. The Waterloo,...

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