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Dow sinks 200 points after Fed hints at stimulus easing

Stocks moved deeper into the red after the Fed left its policies unchanged, but hinted that bond purchases could be reduced later this this year.  More

Boeing CEO announces new, bigger 787

CEO Jim McNerney says the 787 is a mature technology as Boeing launches a stretched version of the airliner, the 787-10.  Play

Men are disappearing from the workforce

The number of men in the workforce is shrinking. More are incarcerated or on disability, and that's not good for the economy.  More

I will graduate with $100,000 in loans

Roughly 3% of college graduates have $100,000 in student loans or more. Here is the tale of Kelly Mears, a junior at Union College, who will graduate in two years with $100,000 in debt.  More

Immigration bill could cut deficits by $175 billion - CBO

Bipartisan Senate reform bill would likely reduce deficits by $175 billion over first 10 years and by roughly $700 billion in the second decade, nonpartisan Congressional Budget Office says.  More

10 most entrepreneurial states

Thinking about starting a business? These 10 states saw more startup activity than anywhere else nationwide, according to the Kauffman Index of Entrepreneurial Activity.  More

China's fastest-growing cities for multi-millionaires

The population of multi-millionaires in little-known Chinese cities is growing at a breakneck pace, according to new research from WealthInsight.  More

Google files First Amendment court case against NSA surveillance secrecy

Google says it wants to disclose when the government sends data requests like those in the newly discovered Prism program.  More

High speed trading: Paying for an edge

Private data providers have been offering paying investment funds an early look at data that moves the markets.  More

How one small biz sweetens the G8

An ice cream shop in Northern Ireland brings a little flare to the global political and economic summit, creating world leader themed flavors.  Play

Is gold losing its safe haven appeal?

Despite the recent volatility in global markets, gold prices continue to slide as demand for safe havens wane.  More

Stocks rally as Fed looms large

U.S. stocks gain for a third day on hope that the Fed will stay the course with its bond buying program. The central bank conclude a two-day meeting Wednesday.  More

Obama: Bernanke has 'stayed a lot longer' than expected

President Obama hinted Monday that he will not reappoint Ben Bernanke to a third term as Federal Reserve chairman.  More

Enterprises launch their own private clouds

Big companies are adopting cloud computing with a twist: They're building their own isolated clouds.  More

Bill for 2012 weather damage: $110 billion

Eleven major disasters cost $1 billion apiece to clean up, making 2012 the second costliest year in U.S. history for weather damage, according the National Climatic Data Center.  Play

Home building continues to rise

The pace of home building gained steam in May, another sign of the housing market's recovery.  More

How to hide from the NSA

With revelations the NSA has been tracking data on the Internet, some are wondering how they can hide their activity from prying eyes.  Play

Chrysler relents, agrees to recall 2.7 million Jeeps

Automaker to recall 2.7 million Jeep Grand Cherokees and Libertys that federal safety agency says pose fire risk in case of rear-end collision.  More

SPAM gets slammed

Shares of Hormel tumble after the producer of SPAM lowered its earnings outlook for the year. Could the canned meat maker be a takeover target like Smithfield Foods?  Play

Ex-trader charged with Libor rigging in U.K.

U.K. authorities have charged former UBS and Citigroup trader Tom Hayes with fraud over his role in attempting to rig global benchmark interest rates.  More

Myanmar: Tales from the last business frontier

Companies such as Coke, Ford and Visa are experiencing a bit of a shock as they enter Myanmar for the first time in decades.  More

Federal housing agency to close 16 offices

HUD plans to cut field offices for some communities just now climbing out of the housing crisis.  More

Perils of moving to a no-tax state

People who move to states with lower income taxes or none at all may have to prove to their old state that they really have established a legal permanent residence elsewhere, or else face back taxes.  More

Yahoo: 13,000 government requests for data

Yahoo follows other major tech companies in revealing the extent of its involvement in the U.S. government's Prism Web surveillance program.  More

Health care costs to slow in 2014

Total costs for health care services, including everything from doctor visits and prescription drugs to surgeries, are expected to rise 6.5% in 2014, when the Affordable Care Act fully kicks in.  More

NASA selects more women astronauts

NASA selected eight astronauts with four females for the class of 2013. They will carry on flight mission to low-Earth orbit, an asteroid and eventually Mars.  More

Kickstarter pulls plug on scam minutes before $120,000 heist

Luckily for the 3,300 backers, Kickstarter suspended the Kobe Red campaign just minutes before it ended.  More

Send a "hello!" text to extraterrestrials

A startup hopes to speed up Earth's efforts to make contact with interstellar aliens.  More

Why Whole Foods restricts executive pay

Co-CEO Walter Robb says that Whole Foods' policy of limiting executive salaries to no more than 19-times the average employee, instills 'good faith' in the company.  Play

Professors teach into their golden years

While most people dream of the day they can retire, many college professors plan to put it off or work until their final years.  More

Fake shops greet G8 leaders

Northern Ireland is expected to get an economic boost from the G8 summit, but lingering problems are hiding behind fake storefronts.  Play

Netflix to debut original 'Shrek' series as part of DreamWorks deal

Shrek is coming to the small screen, as part of a deal Netflix struck to air original DreamWorks content.  More

Warren Buffett: Bet on women

Legendary investor Warren Buffett says women are key to America's success and makes the case for investing in girls' education.  Play

Feds seize 14 7-Eleven stores in ID theft case

Owners of 14 7-Eleven franchises accused by feds of exploiting illegal immigrants.  More

Builders say housing is back

More builders say sales conditions are good rather than poor, confirming earlier signs of a housing recovery.  More

Stocks bounce back, Fed uncertainty looms

Investors don't seem to think the Fed will announce plans to cut back on its bond-buying program when it meets this week, but uncertainty remains.  More

The man who sells celebrity hair

Louis Mushro has been selling locks of hair from the likes of Abraham Lincoln, Michael Jackson and Mother Teresa online for 20 years.  More

Google stock split closer to reality

Google's unorthodox stock split cleared its last hurdle after a settlement with dissenting shareholders.  More

Just thinking about money can corrupt you

Simply thinking about money can trigger unethical decisions and intentions, new research shows.  More

Merkel: Europe has lived beyond its means

Ahead of the G8 summit, German Chancellor Angela Merkel says Europe has lost competitiveness and needs to focus on jobs for young people.  Play

Boeing's 787 nightmare is over

The Dreamliner maker's stock is the 2nd best performer in the Dow this year as worries about Boeing's 787 battery problems fade.  Play

Stocks: Optimism ahead of Fed meeting

Investors are waiting for Federal Reserve Chairman Ben Bernanke to provide more clarity about when the central bank may start to cut back on its bond-buying program.  More

5 ultra-fast supercomputers

Chinese reclaim top spot with a supercomputer almost twice as fast as any other system.  More

At long last, Microsoft Office comes to the iPhone

Office Mobile for iPhone is available (and free) only for users who subscribe to Office 365.  More

Video game controllers need innovation

Motion control games were supposed to be the hallmark of the new video game age, but Sony, Nintendo and Microsoft aren't committing to them.  More

Airbus A350 takes off for the first time

The latest wide body jet from Airbus, the A350 XWB, took its maiden flight in Paris as it aims to compete with Boeing's 787 Dreamliner.  Play

On the brink, Detroit halts debt payments, plans pension cuts

Detroit's state-appointed emergency manager says city is insolvent and must cut pensions and benefits as well as debt.  More

What it takes to get top secret clearance

Here's what it takes to get federal security clearance as a private contractor.  Play

Cyberattacks hit Iran's Gmail users as election begins

Phishing campaigns spike on eve of Iranian election.  More

Singapore raps 20 banks for trying to rig rates

Singapore has rapped 20 banks for allowing 133 traders to attempt to manipulate interest rate and foreign exchange benchmarks over a period of four years.  More

Restoration Hardware rides housing wave

Home furnishing chain Restoration Hardware is a phenomenal turnaround story since its return as a publicly-traded company last year.  Play

Fed not expected to taper QE3 until December

Fed watchers don't expect a slowdown in its stimulus program until at least December. They also think vice chair Janet Yellen will replace Ben Bernanke when his term ends.  More

Innovative controllers missing at E3

Microsoft and Sony announced new consoles, but motion gaming cameras like the Kinect were an afterthought at E3.  Play

Stocks end volatile week with losses: Fed is next

Wall Street was rocked by volatility this week as investors brace for a looming shift in Federal Reserve policy.  More

Nintendo keeps betting on Wii U

With less than stellar sales, many are questioning whether Nintendo's Wii U can keep up with upcoming Xbox One and Playstation 4. However, Nintendo President Reggie Fils-Aime says future game releases will drive the console's popularity.  Play

Who owns 'Happy Birthday?' Lawsuit seeks return of millions

Suit seeks return of millions in copyright payments collected annually by Warner/Chappell Music, which claims to own the 120-year old song.  More

Buffett: Change is happening at Berkshire

Berkshire Hathaway CEO Warren Buffett discusses the dearth of female CEOs in Fortune 500 companies and says he would hire a female over a male if the two had equal job qualifications.  Play

Chinese firm plans rival to Panama Canal

Nicaragua has granted a 50-year concession to a privately-held Hong Kong company to build a canal route linking the Caribbean Sea and the Pacific.  More

U.K. regulator eyes currency market manipulation

Traders in the foreign-exchange market have for years been manipulating benchmark rates at the expense of clients, according to a report from Bloomberg this week.  More

Just launched, sold for millions

Mailbox CEO Gentry Underwood discusses how his company is trying to reinvent the email app experience and Dropbox's recent acquisition.  Play

Exxon sued over Arkansas pipeline spill

Arkansas, feds sue Exxon over a pipeline spill that sent thousands of barrels of oil into a residential neighborhood.  More

American Airlines plans to pack more people onto its planes

American tells employees that after the merger with US Airways it's looking at adding more seats to 737 and MD-80 jets.  More

Nintendo sticking to its strategy despite soft sales

Nintendo's plan for the future is to follow the lessons of the past. But can that work for the struggling video game company?  More

News Corp CEO Rupert Murdoch files for divorce

Murdoch has been married to his wife Wendi Deng since 1999  More

The bull market Wall Street loves to hate

Despite pervasive worries about Fed tapering, BofA Merrill Lynch says the rally in U.S. stocks is not over.  More

Myriad Genetics whipsawed on Supreme Court gene ruling

The U.S. Supreme Court ruled on Thursday that human genes can't be patented, which opens the door for other labs to conduct testing for genetic disposition to cancer. Shares of Myriad initially surged on the news but wound up losing all of its gains.  More

Why this doctor won't take insurance

Dr. Michael Campi says that his decision to reject insurance and Medicare has allowed him to cut back on administrative costs and spend more time with patients.  Play

Coty makes its public debut

The beauty and perfume company raised $1 billion through an initial public offering.  More

Mortgage rates near 4% barrier

Mortgage rates have not been this high in more than a year.  More

Fears over looming EU-China trade war intensify

Another product, steel tubes, was added Thursday to the growing list of goods currently subject to a trade dispute between Europe and China.  More

U.S. stocks end more than 1% higher

Investors focus on positive economic reports, shrugging off a nosedive in Asian markets.  More

Safeway is a safe haven ... for now

Shares of the supermarket chain surged after Safeway said it was selling off its Canadian operations. But are investors too excited?  Play

Retail sales jump on strong car sales

Flood of consumers into car showrooms help to lift overall retail sales.  More

Xbox One vs. PlayStation 4

Microsoft and Sony's new gaming consoles offer similar features and graphics but differ in exclusive games and price.  Play

Jobless claims fall again

Claims for unemployment benefits fell more than expected last week, pointing to further modest improvement in the job market.  More

School gives 16-year-olds $100,000 to invest

Thousands of high schools across the country participate in a stock market simulation game every year, but Greenhill School gave its students real money.  More

Nikkei tumbles 6% on central bank fears

Japanese stocks plummeted in morning trading Thursday, shedding as much as 6.7% in a move that pushed the index into bear territory.  More

Cost of economic sanctions against Iran

Although there is massive potential for Iran to have a high-powered economy, the public has suffered substantially due to economic sanctions.  Play

Wave of federal retirees to hit government

Some 30% of federal workers are eligible to retire in the next 3 years, a time when the government is already facing staffing shortages because of hiring freezes and the sequester.  More

Driven to distraction

Technology helping people stay connected may be distracting drivers perform simple tasks behind the wheel.  Play

Truckers face big labor shortage

Trucking companies already have a shortage of about 30,000 workers, and new federal rules that reduce driving hours could create a need for an additional 100,000 drivers.  More

How to talk about money before saying 'I do'

Many engaged couples put off discussing money issues, but experts say that's a major mistake that can derail a marriage. Here's how to start the conversation before saying "I do."  More

Volatility is back!

During the past month, investors have been on a roller coaster ride. The Dow has swung more than 100 points during seven out of the eight trading days so far in June.  More

Obamacare: Is a $2,000 deductible 'affordable?'

Those enrolling in Obamacare's health insurance exchanges in California will pay $2,000 deductibles and $45 office visits if they buy a silver plan. Is that affordable?  More

Virgin Money preparing for IPO

Richard Branson's Virgin Money, which swallowed the bailed-out U.K. bank Northern Rock, is getting itself ready for an eventual IPO.  More

Intel could make $200 touchscreen PCs a reality

Intel has the power to lower PC prices drastically, and the company thinks it could get ultra-thin touchscreen notebooks to as low as $200 by the end of this year.  More

$100 gaming console coming soon

The upcoming Ouya box may not be the most powerful, but could be every bit as fun  More

Greece shuts state broadcaster in austerity push

Greece's state broadcaster ERT was taken off the air overnight Wednesday in a highly visible reminder of the country's continuing economic crisis.  More

Goodyear stock rising like its blimp

Shares of Goodyear got a boost after its rival Cooper is bought out by an Indian tire company. But investors need to be careful or they could get stuck with a flat tire stock.  Play

Prosecutors suspect Orange CEO of fraud

French prosecutors suspect a former top aide to IMF chief Christine Lagarde of conspiring with others to commit fraud during the settlement of a business dispute five years ago.  More

Most charitable states in America

A recent spate of disasters has people across the country reaching for their wallets to help out. But, typically, residents of some states are much more charitable than others, one report found.  More

Cisco plans to double the speed of the Internet

Cisco's new core router will provide speeds that double what's currently on the market.  More

Hands on with Sony's Playstation 4

Sony is betting that high resolution graphics and ergonomic controllers will attract gamers to the Playstation 4.  Play

Dow's worst losing streak of the year

U.S. stocks had a strong start Wednesday, but the gains didn't last long. All three indexes closed down for a third straight day as uncertainty about the Federal Reserve's tapering plans linger.  More

How skyscrapers will grow past 3,000 feet

Elevator-maker Kone is developing lighter, stronger elevator cables that would allow future skyscrapers to possibly reach heights higher than 3,000 feet.  Play

Why hire? Small businesses are doing more with less

Small businesses are hiring -- just not at the same pace as they once did. One reason: They're more efficient and don't need as many workers.  More

Emerging markets in turmoil

Investors have been fleeing emerging markets in search of safer havens in the developed world.  More

Interns at Google probably make more than you

Google interns get paid about $20,000 for a summer.  More

Pandora buys South Dakota radio station in bid for lower royalty rates

Pandora is angry about the royalties it's paying to music publishers, so it bought a radio station.  More

L.A. Gear still kicking

The sneakers with the flashing lights were everywhere in the 90s. And even though the company fell on hard times, the brand is still with us today.  Play

Yahoo's Marissa Mayer auctioning off lunch for charity

Following in the footsteps of Warren Buffett, Yahoo CEO Marissa Mayer will have lunch with a winning bidder to raise money for charity.  More

Google says it 'has nothing to hide' about government snooping

Google wants to make its compliance with secret government data requests public.  More

Reddit co-founder on NSA snooping

Alexis Ohanian discusses the NSA's controversial surveillance program and says it's time to 'draw a line in the sand' for what's off-limits in the digital age.  Play

Booz Allen fires leaker Snowden

Booz Allen fires Snowden after reports that he admitted to disclosing the NSA's phone and Internet monitoring program.  More

Largest U.S. options exchange hit with SEC penalty

The CBOE, a self-regulatory organization, will pay a $6 million penalty after being accused of failing to properly police its members.  More

Sleepy bank clerk's $293 million error

Power napping has many fans, but falling asleep at the desk could have cost one German bank millions and an employee her job.  More

Google buys social mapping service Waze

Google's Waze purchase gives the search giant access to a treasure trove of crowd-sourced mapping and location data.  More

Sony PS4 reveal in 90 secs

CNNMoney cuts 2 hours of Sony Playstation 4 news down into the essential 90 seconds. Sony unveiled its brand new gaming console, the Playstation 4, priced to sell at $399.  Play

No more Super Tuesdays: Stocks close down 1%

It was a volatile day on Wall Street as investors remain worried about when the Federal Reserve and other central banks might remove their support.  More

Smart rifle means hunters never miss

Startup TrackingPoint makes a 'smart' gun scope that lets inexperienced shooters hit a target up to 1000 yards away - for over $25,000.  Play

With iOS 7, Apple gets its mojo back

Apple's updated iOS 8 may not be revolutionary, but it's exactly what Apple needs to succeed.  More

Sony fires first shot in gaming price war

Shares of Sony shot up -- even as the Nikkei slumped -- on reports it will sell its new PS4 at a big discount to Microsoft's Xbox One.  Play

Women: Beware the Wyoming wage gap

Women in Wyoming earn only 67 cents for every $1 men earn. It's the state with the biggest income gap.  More

E-cigarettes from Big Tobacco coming soon

With e-cigarettes becoming more and more popular with smokers, Big Tobacco companies like Altria and R.J. Reynolds are jumping in the market.  Play

Cash-only doctors abandon the insurance system

Fed up with red-tape and high overhead, a growing number of doctors are switching to a direct fee-for-care approach.  More

$27,500 gun hits targets at 1,000 yards

A Texas start up is selling rifle with a unique technology that lets even an inexperienced shooter to hit a target 10 football fields away.  More

Tim Cook takes stage at Apple's iOS 7 event

It's been nine months since Apple's last major product announcement, and investors and customers have been disappointed in the lull.  More

Apple's new products in 90 seconds

Apple unveiled new versions of its mobile and desktop software along with a streaming music service on Monday.  Play

Apple overhauls iOS for the future

Apple completely redesigned and revamped its mobile operating system to give it a more modern feel.  Play

French probe catches Lagarde's former top aide

French prosecutors detain the head of the country's biggest telecoms group Orange and IMF managing director Christine Lagarde's former chief of staff for questioning about his role in settling a business dispute in 2008.  More

Has Apple lost its cool factor?

As competitors gain steam with new products, investors and customers are looking for an innovative breakthrough out of tech giant Apple.  Play

Turkey's premier lashes out, markets fall

Turkish markets fell again Monday after the country's prime minister rounded on anti-government protesters and accused speculators of trying to profit from the unrest.  More

Investors say 'da' to McDonald's

Shares of McDonald's rose after the fast food giant said demand from Russia helped lift Europe sales ... despite weakness in Germany and France.  Play

S&P says U.S. credit rating now 'stable'

Credit rating agency cites the Fed, an improved deficit outlook and U.S. economic outlook among its reasons for the improved outlook.  More

Booz Allen Hamilton in spotlight over leak

Edward Snowden, who has worked for Booz Allen Hamilton, says he is the source of a leak that exposed an NSA program that is thought to have collected vast amounts of phone and internet data.  More

Stocks fizzle after Friday's rally

Investors continue to digest Friday's jobs report as they attempt to gauge when the Federal Reserve will begin to scale back its stimulus policies.  More

Prism: What the NSA could know about you

Companies like Facebook and Google could be giving up your data without even knowing about it.  Play

Spending cuts likely to be deeper in 2014

It's hard to think of a scenario where federal spending doesn't go down further in many areas starting this fall.  More

Wealthy to spend less on stuff they don't need

More than 80% of wealthy consumers with a net worth of $5 million or more say spending money on luxury goods is less of a priority, according to a survey by the Luxury Institute.  More

Obama to tap new top economist

Jason Furman set to become fourth economist to head Obama's Council of Economic Advisers.  More

Online gambling toes a confusing legal line

The rules vary by state, and they're dependent on the very specific legal definitions of 'gambling' versus 'betting.'  More

U.S. economy grade: B

Pimco CEO Mohamed El-Erian says uncertainty is keeping the U.S. economy from growing faster, but we're still doing better than the rest of the world.  Play

Meet the world's first Bitcoin baby

Fertility specialist Dr. C. Terence Lee is a pioneer in the world of retail bitcoin transactions. A couple used the virtual currency to pay him for a frozen embryo transfer.  More

Japan's economy continues turnaround

The Japanese economy grew at a quicker pace than originally reported in the first quarter, according to revisions released by the Cabinet Office on Monday.  More

GE CEO: China will drive energy tech

At the Fortune Global Forum in Chengdu, China, GE CEO Jeffrey Immelt says that future energy development will be focused in China.  Play

Buffett lunch goes for $1 million

Annual auction of lunch with Warren Buffett goes to top bidder of $1 million. The real winner: Clients of anti-poverty charity GLIDE in San Francisco.  More

Apple's innovation conundrum

Apple needs to constantly innovate and develop new products to succeed, unlike some of its closest competitors.  More

What the NSA costs taxpayers

Much of the U.S. budget for intelligence efforts is classified. And not even everyone in Congress knows how much is spent. But some experts back out a rough estimate.  More

Dimon: Road back to normal 'scary'

JPMorgan Chase CEO Jamie Dimon says that 'as we go back to normal it's going to be scary' at the Fortune Global Forum in Chengdu, China.  Play

Google & Facebook CEOs deny giving access to NSA program

Page and Zuckerberg say they've never allowed the government to have unfettered access to their servers, as has been reported this week.  More

How the PRISM spying worked: 3 theories

Security experts have theories on two major questions: Which parties knew about the program, and what type of communications was the government able to see?  More

Google ... Facebook ... Paltalk?!

Paltalk video chatting service is one of the more obscure companies targeted by the NSA.  More

Wal-Mart: We promote 500 workers a day

At its annual shareholder meeting, Wal-Mart can't escape criticism about how it treats workers and it' response to Bangladesh's garment factory collapse.  More

Apple TV needs apps

The Apple TV has always been an excellent streaming box, but it has been limited by one crucial missing element: apps.  More

May jobs report: Cautious hiring continues

Employers are hiring at a restrained pace as jitters about the economy linger.  More

UK should watch Huawei more closely - lawmakers

The U.K. should monitor the operations of Chinese telecom Huawei within its borders more closely to reduce the risk of cyberattacks, according to a parliamentary report published this week.  More

Jobs number 'perfect' for nervous investors

U.S. stocks posted healthy gains the government's monthly jobs report showed more jobs were added in May than expected. The Dow and S&P 500 gained about 1%.  More

You stole what? 7 bizarre items thieves love

The FBI estimates that retail crime costs the U.S. $30 billion a year, and some household items that people steal may surprise you.  More

Why the unemployed are seeing smaller checks

Federal budget cuts reduce unemployment insurance for long-term jobless  More

Turkey's markets rattled by unrest

Stocks are on shaky ground after the Turkish prime minister defied protesters by saying he would go ahead with unpopular plans to redevelop a park in Istanbul.  More

China and Europe risk trade war

While trade spats are nothing new, the sustained volley of threats in recent days between China and the EU is raising the specter of more retaliatory actions between the key trading partners.  More

First Chinese IPO of 2013 surges 20%

Beijing-based Internet retailer LightInTheBox made a strong debut on the New York Stock Exchange Thursday.  More

North Dakota grows five times faster than nation

North Dakota's energy boom led the state to have the fastest growing economy in 2012 -- five times the national average.  More
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