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Economy just muddling along

Written By limadu on Jumat, 28 Februari 2014 | 21.29

The U.S. economy grew at a 2.4% annual pace in the fourth quarter, marking a slowdown primarily driven by cuts in government spending. NEW YORK (CNNMoney) Overall, economic growth was not quite as strong at the end of 2013 as originally thought,...
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United canceled 22,500 flights so far this year

United has canceled 22,500 flights so far this year. NEW YORK (CNNMoney) That was four times as many canceled flights for United as during the first two months of last year. United disclosed the number of cancellations Thursday night and said...
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Mobile apps overtake PC Internet usage in U.S.

NEW YORK (CNNMoney) Mobile devices accounted for 55% of Internet usage in the United States in January. Apps made up 47% of Internet traffic and 8% of traffic came from mobile browsers, according to data from comScore, cited Thursday by research firm...
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How young tech millionaires invest

Written By limadu on Kamis, 27 Februari 2014 | 21.29

Mike Zhang, 23, became a millionaire recently after he sold an online company he started at the age of 14. NEW YORK (CNNMoney) Wealth managers from some of the largest Wall Street firms -- including Goldman Sachs, Merrill Lynch and Credit Suisse...
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Trust the private sector, not Washington, to get job training right

(Fortune) Washington's job training is an expensive, bureaucratic, ineffective mess. Start with the more than $18 billion spent on 47 training programs across nine agencies. Job Corps alone spends as much as $76,000 per person, often to place young...
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Ukraine crisis spills onto world markets

LONDON (CNNMoney) Stock markets fell and the dollar, Swiss franc and gold gained as investors sought refuge in traditional "safe haven" assets. Financial fallout from last week's removal of a pro-Russian government in Ukraine had been largely limited...
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Plan for the critical first decade of retirement

Written By limadu on Rabu, 26 Februari 2014 | 21.29

Michael Kitces, 36, partner and director of research, Pinnacle Advisory, argues that to safeguard your retirement savings, start with a small stake in stocks and gradually increase your equity holdings. NEW YORK (Money Magazine) Below advice...
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Social Security is the best deal

Alicia Munnell, 71, professor of management, Boston College, NEW YORK (Money Magazine) Below, advice from our fifth expert, Alicia Munnell, one the nation's leading retirement researchers. Social Security benefits For each year you...
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Plan to pay for future health costs

Carolyn McClanahan, 49, president, Life Planning Partners, and former ER doctor, works health care costs -- which can vary widely -- into retirement planning. NEW YORK (Money Magazine) Below, advice from our third expert, Carolyn McClanahan,...
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China currency weakness shocks investors

HONG KONG (CNNMoney) For years, investors have viewed the steady appreciation of the Chinese currency as one of the few things in life they could count on. Indeed, it's gained about 10% since the middle of 2010. But markets have been shocked in...
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Apple fixes security flaw for Macs

Apple issued a security fix for Macs four days after hole was patched for mobile devices. NEW YORK (CNNMoney) The software update patches a security hole in OS X, the operating system for Apple computers. It comes four days after the same bug...
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Stocks: Holding steady as earnings flow

Click on chart to track premarkets NEW YORK (CNNMoney) Barnes & Noble (BKS, Fortune 500), Target (TGT, Fortune 500), Abercrombie & Fitch (ANF) and TJX (TJX, Fortune 500) are all set to release earnings before the market opens. Then,...
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Detroit reaches deal on retiree health care

Written By limadu on Sabtu, 01 Februari 2014 | 21.29

Protestors oppose cuts to healthcare coverage for city of Detroit retirees. NEW YORK (CNNMoney) "We're happy we're able to reach any agreement short of protracted litigation," Nowling said. "Things are starting to move in the bankruptcy case...
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Will Obama's pledge get the unemployed back to work?

NEW YORK (CNNMoney) But actually hire them? Their pledge doesn't go quite that far. On Friday, the White House unveiled a pact signed by 300 companies that have agreed to implement new best practices intended to stamp out discrimination against...
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What Americans think about Obama's myRA plan

NEW YORK (CNNMoney) But not everyone thinks the new plans are a great deal. The accounts, which will launch in a pilot program later this year and will eventually be available to any worker who gets paid through direct deposit and earns below a certain...
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