Wall Street lifted by Italy

NEW YORK (CNNMoney) U.S. stocks opened higher Monday, taking a cue from Europe, where investors cheered the formation of a new Italian government. Enrico Letta was sworn in as Italy's prime minister, ending weeks of political deadlock and uncertainty...

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Legal marijuana's need for high security

The high value of marijuana, and the cash that businesses are forced to keep around, makes them a target for thieves. SEATTLE (CNNMoney) Without extensive security, a pot dispensary is nothing more than a giant target. A pound of weed goes for...

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Even when 'legal,' marijuana is risky business

Washington State legalized marijuana, but it's still illegal to the federal government. That makes growing it -- and selling it -- complicated. SEATTLE (CNNMoney) At the local level, pot businesses are often welcomed by politicians and sheriffs...

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Health care spending growth is at a record low. Here's the catch.

NEW YORK (CNNMoney) What's less clear is why -- the weak economy or cost-control measures, including the earliest provisions of the Affordable Care Act. Since health care spending is a major driver of the federal deficit, that's a pretty critical...

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Stocks: Starting week on a high note

Click on chart to track premarkets NEW YORK (CNNMoney) Expectations of a further rate cut from the European Central Bank and continued monetary support from the Federal Reserve later this week gave additional support to the market. "The ECB...

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Italian markets cheered by new government

LONDON (CNNMoney) Centre-left Prime Minister Enrico Letta was sworn in Sunday to head a broad coalition of ministers from his own party and members of Silvio Berlusconi's center-right party. Parliament was expected to pass a vote of confidence in...

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Tesla offers idiot-proof battery warranty

NEW YORK (CNNMoney) The battery is covered even if an owner fails to follow charging guidelines laid out in the owners' manual. "Any product that needs a manual to work is broken," Musk said. The only cases in which Tesla (TSLA) would not honor...

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FAA furlough reprieve: 'No fair!'

Lawmakers effectively canceled the furloughs of FAA air traffic controllers in an effort to end airport delays. Critics say Congress shouldn't pick favorites for reprieve from supposed across-the-board budget cuts. NEW YORK (CNNMoney) But advocates...

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50 million customers hit in LivingSocial hack

LivingSocial is requiring all customers to change their passwords after a cyberattack on its systems. NEW YORK (CNNMoney) The daily deals site recently suffered a cyberattack on some of its servers, and customer data for more than 50 million users...

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Tesla offers idiot-proof battery warranty

NEW YORK (CNNMoney) The battery is covered even if an owner fails to follow charging guidelines laid out in the owners' manual. "Any product that needs a manual to work is broken," Musk said. The only cases in which Tesla (TSLA) would not honor...

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FAA furlough reprieve: 'No fair!'

Lawmakers effectively canceled the furloughs of FAA air traffic controllers in an effort to end airport delays. Critics say Congress shouldn't pick favorites for reprieve from supposed across-the-board budget cuts. NEW YORK (CNNMoney) But advocates...

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50 million customers hit in LivingSocial hack

LivingSocial is requiring all customers to change their passwords after a cyberattack on its systems. NEW YORK (CNNMoney) The daily deals site recently suffered a cyberattack on some of its servers, and customer data for more than 50 million users...

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Google can help you time the market

If you're Googling financial terms like "debt," "economics" and "inflation," that might mean it's time to sell your holdings. LONDON (CNNMoney) New research published in the journal Scientific Report shows that you can use Google Trends to track...

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U.K. to honor Churchill with new £5 note

LONDON (CNNMoney) Beginning in 2016, the U.K.'s smallest banknote -- the £5 note -- will feature a portrait of wartime leader Winston Churchill, commemorating his achievements as a politician, writer and orator. "It seems entirely appropriate to...

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Stocks stalled by lackluster economic growth

Click chart for more markets data. NEW YORK (CNNMoney) Gross domestic product -- a broad measure of what the economy produces -- increased in the first quarter but fell short of what economists expected. That reading is the latest sign of...

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Disaster donations: Texas lags way behind Boston

West, Texas was devastated by a fertilizer plant on April 17, two days after the Boston Marathon bombings. NEW YORK (CNNMoney) More than $26 million has been raised in the wake of April 15 Boston blasts. And it appears that donations for West total...

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Fitness gadgets: Cheaper than a personal trainer

The Garmin Forerunner 10 alerts you when you hit a personal best. (Money Magazine) Whether you're gearing up for a big race or trying to fit in a weekly power walk, there's a fitness device for you. You want to walk more: Fitbug Air What it...

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Stocks: Caution ahead of GDP release

Click on chart to track premarkets NEW YORK (CNNMoney) U.S. stock futures edged lower ahead of the Bureau of Economic Analysis' first estimate of first-quarter GDP due for release at 8:30 a.m. ET. Economists surveyed by Briefing.com are predicting...

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Jobless claims fall, point to improving job market

After rising as high as 670,000 during the jobs crisis, weekly jobless claims are now at around half that level. NEW YORK (CNNMoney) About 339,000 people filed for their first week of unemployment benefits last week, down from 355,000 a week earlier,...

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Stocks get early boost

NEW YORK (CNNMoney) The Dow Jones Industrial Average rose 0.1%, the S&P 500 added 0.5% and the Nasdaq gained 0.3%. Good news about the job market gave stocks an early boost. The U.S. government announced that initial jobless claims dropped...

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15-year mortgage rate hits record low

NEW YORK (CNNMoney) The 15-year fixed rate fell to 2.61% this week from 2.64%, The previous record low of 2.63% was set the week of Nov. 21, 2012. An adjustable-rate mortgage, the 5/1 ARM, also bottomed out at 2.58%. The most popular mortgage,...

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When energy stocks look like bargains

Caterpillar and other heavy-equipment makers stand to gain from expanding mining and drilling operations. (Money Magazine) The Dow and S&P 500 have already risen more than twice that, besting their 2007 records and prompting the question, "Now...

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The best job you never thought of

Actuary consistently ranks among the top jobs in the United States. Do you know what they do? NEW YORK (CNNMoney) It's in high demand, can pay six-figures a year, and your employer often foots the bill for on-the-job training. No grad school required!...

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Teens (and their parents) spending hundreds on prom

Sarah Hoffer, an 18-year-old high school senior in St. Louis, spent $259 on her prom dress, which required an extra $220 in alterations. NEW YORK (CNNMoney) On average, families expect to spend $1,139 on prom this year -- up roughly 40% from 2011's...

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Ford earnings rise

Ford reported improved earnings helped by a record quarter in its home market. NEW YORK (CNNMoney) Ford said a 20% jump in sales in North America helped it post the largest quarterly profit in its home region since the automaker started breaking...

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High speed trading fueled Twitter flash crash

The Dow dropped more than 140 points Tuesday. NEW YORK (CNNMoney) The Dow quickly bounced back. The sharp sell-off highlights just how disruptive computer-driven high-frequency trading can be. The S&P 500 lost $121 billion of its value within...

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Stocks falter in early trading

Click chart for more market data. NEW YORK (CNNMoney) The Dow Jones Industrial Average, the S&P 500 and the Nasdaq dropped between 0.2% and 0.4%. Investors were spooked by a report on durable goods orders that showed orders fell by 5.7%...

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Reduce the steep cost of diabetes

Diabetes is expensive to monitor and control. Here are some ways you can save money on your medical expenses. (Money Magazine) Some 26 million Americans suffer from the disease, in which sugar builds up in the blood: 7 million of those are undiagnosed....

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High speed trading fueled Twitter flash crash

The Dow dropped more than 140 points Tuesday. NEW YORK (CNNMoney) The Dow quickly bounced back. But the sharp sell-off highlights just how disruptive computer-driven high-frequency trading can be. High-speed computer trading accounts for roughly...

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