Italy political drama jolts markets

Italian Prime Minister Enrico Letta is battling to get his government and economic program back on track after Silvio Berlusconi withdrew his support for the coalition. LONDON (CNNMoney) Silvio Berlusconi withdrew his support for a grand coalition...

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Not all Obamacare exchanges will open Oct. 1

Not all of the Obamacare exchanges will be fully operational on Oct. 1. NEW YORK (CNNMoney) Residents and small business owners in certain states will not be able to fully sign up for a policy online in October because technical glitches have put...

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Washington spooks stocks

Click chart for more markets data. NEW YORK (CNNMoney) The Dow Jones Industrial Average, the S&P 500 and the Nasdaq all dropped nearly 1% in early trading Monday. More selling ahead? Despite Monday's slide, the three major indexes are...

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European IPOs stage a comeback

The European IPO market is recovering from 2012, but is not nearly as robust as it was before the eurozone crisis hit. LONDON (CNNMoney) According to data from Dealogic, new listings on European stock exchanges this year have raised $16.2 billion,...

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Is Obamacare a jobs killer?

NEW YORK (CNNMoney) Critics claims the Affordable Care Act -- a.k.a. Obamacare -- will cost the economy jobs. But economists' views are mixed on the issue. Nine out of 14 economists polled by CNNMoney said businesses are putting off hiring in light...

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Mark Cuban insider trading trial set to start

Mark Cuban's insider trading trial is finally set to start five years after the SEC first filed charges against him. NEW YORK (CNNMoney) The controversial owner of the NBA's Dallas Mavericks and a star of the reality television show "Shark Tank"...

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Wells Fargo: A bargain if you're bullish on housing

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...

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ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...

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Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...

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Wells Fargo: A bargain if you're bullish on housing

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...

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ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...

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Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...

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Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...

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Wells Fargo: A bargain if you're bullish on housing

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...

21.29 | 0 komentar | Read More

ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...

21.29 | 0 komentar | Read More

Wells Fargo: A bargain if you're bullish on housing

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...

19.33 | 0 komentar | Read More

ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...

19.33 | 0 komentar | Read More

Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...

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Record London house prices stoke bubble fears

Fears of a housing bubble in London are growing as home prices climb to record highs. LONDON (CNNMoney) Official data shows the median gross wage in London last year was £30,471. That compares with a rise of £33,133 in the average price of homes...

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Investors pricing in last minute debt deal

Will the government shut down? Will the debt ceiling be raised? Investors don't seem too worried. They're tuning out the political drama. NEW YORK (CNNMoney) The market's response: Wake us up when the games are done. "Investors are pricing in...

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Thanks a lot, Washington! Stocks fall again

Click chart for more markets data. NEW YORK (CNNMoney) With several Congressional crises brewing, the Dow Jones Industrial Average, the S&P 500 and Nasdaq fell slightly. Markets are on track for a losing week. Stocks were up Thursday, but...

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J.C. Penney raises $810 million in offering

Click on chart to track JCP NEW YORK (CNNMoney) J.C. Penney priced the offering at $9.65 per share, which was below the Thursday closing price of $10.42. The offering raised about $810 million. The stock rose 3% Thursday amid reports the company...

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Will young people pay a lot more under Obamacare?

NEW YORK (CNNMoney) Myth: Young people will pay a lot more for insurance under Obamacare. Reality: It's true that premiums will likely rise for some young adults, particularly men. But that doesn't take two important considerations into account:...

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Another bleak day for BlackBerry

Friday's woeful results could be one of the last public earnings reports from BlackBerry. NEW YORK (CNNMoney) BlackBerry warned of the loss a week ago, and also announced that it will lay off 4,500 employees by the end of the year. Sales for...

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Indonesia needs defense against Fed taper

Indonesia faces slowing growth, rising inflation and a sliding currency. HONG KONG (CNNMoney) "It's inevitable that the Fed will one day end quantitative easing," Muhamuad Chatib Basri told reporters in Hong Kong. "We need to focus on stabilization."...

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Stocks up after five days of losses

NEW YORK (CNNMoney) The Dow Jones industrial average, S&P 500 and Nasdaq edged up modestly. Stocks hit record highs earlier last week, but market sentiment has taken a hit in the past few days as investors worry about a possible government...

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Extra pension payments cost Detroit billions

Investigations of Detroit's two pension funds likely to show that decades of overpayments to retirees and active employees drained about $2 billion from city coffers. NEW YORK (CNNMoney) The revelations will be laid out in a much-anticipated investigation...

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