Trulia's stock soars 30% in debut

Investors are hoping Trulia can follow Zillow's lead as a public company and double in price. Real estate search firm Trulia (TRLA) kicked off life as a public company with a bang. Trulia's stock opened 30% above its IPO price when it started...

09.04 | 0 komentar | Read More

Growth worries pressure U.S. stocks

Click the chart for more stock 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...

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HP and IBM: Two paths, one future

By Kevin Kelleher, contributor FORTUNE -- On the face of it, Hewlett-Packard and IBM have a lot in common. Both are storied brands with rich legacies that shaped high-tech. Both are working with companies large and small to help manage their technology....

08.04 | 0 komentar | Read More

Mortgage rates at record low again

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...

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Apple's iOS 6: The reviews are in

FORTUNE -- The sixth major update of Apple's (AAPL) mobile operating system is old news to the developers and tech writers who've been playing with it all summer. But the formal reviews of iOS 6 only began to appear on Wednesday, when the software became...

07.04 | 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, said the court-appointed trustee on Thursday....

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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. ...

06.05 | 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...

05.04 | 0 komentar | Read More

Best stocks to own if you're betting on Romney

If he moves into the White House, Mitt Romney has vowed to overturn President Obama's health care reform laws. While that would introduce a new wave of uncertainty about the future of health care, it would be a sure-fire win for at least one area: medical...

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The 50 Most Powerful Women

CEOIBM2011 rank: 7Age: 55 A 31-year IBM veteran, Rometty has been a key supporting player in some of Big Blue's biggest transformations: She managed the $3.5 billion PwC Consulting acquisition that launched IBM in the services business, and with chairman...

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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...

04.04 | 0 komentar | Read More

How the Fed favors 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...

04.04 | 0 komentar | Read More

China stocks hit new 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...

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iPhone 5 may be Apple's last 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...

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Sheila Bair and the bailout bank titans

By Sheila Bair, contributor From left: Goldman's Lloyd Blankfein, J.P. Morgan Chase's Jamie Dimon, Citigroup's Vikram Pandit, and Merrill Lynch's John Thain leaving the Treasury in October 2008 after being offered a $125 billion bailout package...

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7 college grads: How I'm surviving the jobs crisis

Name/age: Joe Williams, 23 Job Status: Found contract work, but has no job security Joe Williams graduated from UNC Chapel Hill in 2011 with three internships and a good GPA under his belt. He didn't expect his first job would be an internship making...

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Manufacturing growth slows in China

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...

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OBAMACARE TAX TO HIT 6M

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...

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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....

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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...

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Online poker exec guilty of money laundering

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...

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CREDIT SCORES IMPROVE

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,...

14.05 | 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...

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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...

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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...

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Fund managers: U.S. stock rally is over

The world's top mutual fund managers say the U.S. stock rally is about to come to an end. More than half, or 58%, of 253 fund managers surveyed by Bank of America Merrill Lynch say stocks are the most overvalued investments in the world. That's...

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