Wall Street wants tax holiday to be a QE4

NEW YORK (CNNMoney) No, not another federal holiday to honor a dead president. (Coolidge, perhaps?) We're talking about an IRS holiday from Congress that would allow U.S. companies to bring back some of the $2 trillion in cash they've been stashing...

22.17 | 0 komentar | Read More

Is the iPad doomed?

Uh oh. That arrow's pointing the wrong way. NEW YORK (CNNMoney) Easy, there, tiger. Tablets are still popular and sales are growing -- 11% last quarter, to be precise, according to tech consultancy IDC. Still, that's a far cry from two years...

22.17 | 0 komentar | Read More

WWE slams workers by axing 7% of jobs

NEW YORK (CNNMoney) WWE (WWE) revealed plans on Thursday to slash 7% of its workforce in an effort to save cash. A WWE spokesman said the job cuts will impact all business units and locations. He said the pink slips will begin flying on Thursday....

22.17 | 0 komentar | Read More

Apple buffs up radio service with string of acquisitions

NEW YORK (CNNMoney) Swell is like a Pandora (P) for talk radio, learning listeners' preferences and creating personalized stations with streaming talk radio content from NPR, TED, PBS, New York Times (NYT), BBC (BBCN) and more. Users can also select...

22.16 | 0 komentar | Read More

These startup ideas are money magnets

Investors are excited about companies like Enjoy Life Foods, which makes gluten and allergen-free products. NEW YORK (CNNMoney) But financing isn't easily available for every business idea, said William Phelan, president of small business credit...

22.16 | 0 komentar | Read More

Stocks get no search love on Google

Fewer investors are doing searches like this on Google. People are more interested in Kickstarter and other tech startups. NEW YORK (CNNMoney) Over the past eight years, people have dialed back on searches linked to traditional assets like stocks...

22.16 | 0 komentar | Read More

Kristen Bell invests. Now what?

This Bar Saves Lives founders: Ryan Devlin, Kristen Bell, Ravi Patel and Todd Grinnell. NEW YORK (CNNMoney) Their enterprise really began in 2008, when Devlin and Grinnell used their celebrity to fundraise $30,000 to build a bridge in war-torn...

22.17 | 0 komentar | Read More

Investors help the rich pay off student loans

Have a law degree from Harvard or MBA from Northwestern's Kellogg? Wall Street may want to buy your student debt. NEW YORK (CNNMoney) Social Finance, a company that uses crowdfunding to refinance student debt, just packaged a bunch of those loans...

22.17 | 0 komentar | Read More

Yo backer launches new app

NEW YORK (CNNMoney) The app officially launched on Monday from Moshe Hogeg, the CEO and founder of Mobli, a mobile sharing platform. Hogeg is a co-founder of Yo; he invested his own money into the incredibly simplistic app developed by a former...

22.17 | 0 komentar | Read More

BuzzFeed fires viral politics editor for plagiarizing

NEW YORK (CNNMoney) BuzzFeed editor in chief Ben Smith said he and his colleagues had identified "41 instances of sentences or phrases copied, word for word, from other sites, many of them inappropriate sources in the first place," during a review...

22.16 | 0 komentar | Read More

Math nerds are taking over Wall Street

Quant trader Elie Galam at the Panorama Partners' New York City office. He is not a Wolf of Wall Street. NEW YORK (CNNMoney) But guess what? They are rapidly being replaced by "quants" -- soft-spoken super nerds armed with high-tech software...

22.16 | 0 komentar | Read More

There's no place like the economy

NEW YORK (CNNMoney) The curtain is about to be pulled back to reveal some key economic data. Here's what you need to know. It's the economy, stupid: Investors will have to wait until Friday for the main event of the week: the all-important July...

22.16 | 0 komentar | Read More

Mary Poppins won't work for minimum wage

NEW YORK (CNNMoney) But in a parody from Funny or Die, the Disney character (played by Kristin Bell) is quitting her job because that's all the Banks family will pay her. She struggles to make ends meet while making $7.25, the federal minimum...

22.17 | 0 komentar | Read More

Lyft gets the green light in New York City

Rideshare app Lyft, known for the pink mustaches on car grills, will launch in New York on Friday NEW YORK (CNNMoney) After two weeks of sparring with New York City taxi regulators, rideshare app Lyft can start serving the five boroughs -- provided...

22.17 | 0 komentar | Read More

Would-be giant in online house hunting has brokers scared

NEW YORK (CNNMoney) The rumored deal -- the companies won't confirm it -- sent the companies' stocks soaring Friday as the chatter gathered steam. The companies don't charge for publishing these listings of homes for sale, but they do charge...

22.17 | 0 komentar | Read More

Russians pay higher price for isolation

Russia's central bank jacked up interest rates for the third time since March. LONDON (CNNMoney) The country's central bank jacked up interest rates Friday for the third time since March, taking them up to 8%. With inflation running at 7.5%,...

22.16 | 0 komentar | Read More

Investors go LOCO for grilled chicken stock

NEW YORK (CNNMoney) El Pollo Loco (LOCO), the California-based restaurant chain specializing in Mexican-style grilled chicken, went public Friday and shares surged nearly 30% to above $19 in their first few minutes of trading. El Pollo Loco --...

22.16 | 0 komentar | Read More

TGIF? Nope. Stocks fall on earnings woes

NEW YORK (CNNMoney) The S&P was down about 0.3% in mid-morning trading. The Dow was down more than 100 points, or 0.7%. A 4% drop In Visa (V), which has the biggest weighting in the Dow, weighed down the blue chips. The Nasdaq fell too, largely...

22.16 | 0 komentar | Read More

When U.S. companies dodge taxes, is it unpatriotic?

NEW YORK (CNNMoney) They do it by merging with foreign companies in countries with lower rates and officially moving their home base. The strategy is called "inversion," and it's legal. But is it un-patriotic? In the past decade, at least 47...

22.16 | 0 komentar | Read More

We work in a war zone but we're not unstable

Levkovich and her team at Zuznow (top); HappySale team (bottom left); Wibbitz co-founders (bottom right) NEW YORK (CNNMoney) Try doing it with key team members gone, sirens blaring and rockets firing at your city. With the ongoing fight in...

22.16 | 0 komentar | Read More

Investors take a breather

NEW YORK (CNNMoney) Here's what the markets are buzzing about today: 1. More records in sight: That was fast. The S&P 500 cruised to a new all-time high of 1,988.43 right out of the gate. If it closes above 1,985.59, that will mark its 26th...

22.16 | 0 komentar | Read More

Stocks get a Chipotle and Comcast boost

Click the chart for more markets data. NEW YORK (CNNMoney) Here's what investors are talking about: 1. Stocks march ahead: It's hard to keep this market down. The Dow, S&P 500, and Nasdaq all rose in early trading after taking a slight...

22.17 | 0 komentar | Read More

It's 'peanut butter jelly time.' PBJ costs fall

Food prices have been rising, but don't fear: Not all groceries are more expensive. All the fixings for peanut butter and jelly are cheaper now than they were a year ago. NEW YORK (CNNMoney) Food prices have been rising for six months in a row...

22.17 | 0 komentar | Read More

Goodwill: No security breach so far

NEW YORK (CNNMoney) So far no security breach has been identified, said Goodwill spokeswoman Joye Taylor. "We are currently working with the Security Service and payment card industry fraud investigative units to identify if a breach has occurred."...

22.17 | 0 komentar | Read More

Cybersecurity startups to bank $788 million

NEW YORK (CNNMoney) Venture capital firms are expected to funnel $788 million into early-stage cybersecurity startups this year. That's a 74% increase from last year's $452 million, according to PrivCo, a financial data provider on privately-held...

22.16 | 0 komentar | Read More

Military family groceries won't be cut, for now

Congress is putting off drastic cuts to military grocery stores. WASHINGTON (CNNMoney) A Senate budget panel voted late last week to restore $200 million in cuts for military grocery stores, called commissaries. The House has already voted on...

22.16 | 0 komentar | Read More

You're not cool enough for Facebook's newest app

Facebook has unveiled a new standalone app it's calling 'Mentions,; which is designed to help famous people manage their presences on the site. NEW YORK (CNNMoney) Facebook (FB, Tech30) has unveiled a new standalone app called "Mentions," which...

22.16 | 0 komentar | Read More

Can Malaysia Airlines survive latest tragedy?

Four months after a Malaysia Airlines plane goes missing, another one of its passenger jets is shot out of the sky. NEW YORK (CNNMoney) The tragic events have taken the lives of 537 people in all, and brought devastation to their families. ...

22.16 | 0 komentar | Read More

Snowden asks hackers to protect whistleblowers

Ex-NSA contractor Edward Snowden, exiled in Russia, speaks via video connection to a crowd of hackers in New York City. NEW YORK (CNNMoney) Daniel Ellsberg, who famously released the Pentagon Papers, and former NSA contractor Edward Snowden spoke...

22.16 | 0 komentar | Read More

Look out: 'Burrito inflation' is here

NEW YORK (CNNMoney) There are some tasty items on the agenda this week for investors. Chipotle (CMG), The Cheesecake Factory (CAKE), Dunkin Brands (DNKN) and Starbucks (SBUX) are among the companies scheduled to report quarterly results. But...

22.16 | 0 komentar | Read More

Murdoch says he can't buy Tribune but mum on Time Warner

NEW YORK (CNNMoney) "Sorry can't buy Trib group or LA Times -- cross-ownership laws from another age still in place," Murdoch tweeted late Thursday night. Murdoch was referring to Federal Communications Commission rules that limit how many newspapers...

22.16 | 0 komentar | Read More