Homebuyers clueless about mortgages

One-third of respondents believe lenders are required by law to charge the same fees to all clients. That's wrong. Fees vary and can often be negotiated. NEW YORK (CNNMoney) When it comes to mortgages, homebuyers answered basic questions about...

12.08 | 0 komentar | Read More

Make your vacation pals cough up their fair share

(CNNMoney) "Resentment over money is one of the biggest issues that ruin vacations," says Nadine Davidson, author of Travel With Others Without Wishing They'd Stayed Home. So before you book this summer's big trip, air your expectations about who...

12.08 | 0 komentar | Read More

Current deficit plunges 32%

NEW YORK (CNNMoney) A major reason: A big jump in tax revenue. Tax collections rose by $220 billion -- or 16% -- between the start of the fiscal year on Oct. 1 through April 30. Individual and payroll taxes accounted for $184 billion of that increase....

12.08 | 0 komentar | Read More

Whole Foods shares surge as growth continues

NEW YORK (CNNMoney) Shares of the grocery chain surged 8% in after-hours trading Tuesday after the firm posted quarterly earnings that beat expectations and increased its earnings guidance. Revenue this past quarter increased 13% versus a year...

12.08 | 0 komentar | Read More

Oil companies target America for investment

The domestic oil boom is prompting U.S. oil firms to sell assets overseas and invest the money in American projects. NEW YORK (CNNMoney) Last year ConocoPhillips (COP, Fortune 500) announced plans to sell its stake in Kazakhstan's Kashagan oil...

12.08 | 0 komentar | Read More

Term life insurance prices rising amid low interest rates

Premiums for term life insurance can vary widely. Search online for comparison pricing. (Money Magazine) Following a decade in which prices fell to all-time lows, premiums for new term policies last year rose an average of 3%, says online agency...

12.08 | 0 komentar | Read More

Senate approves Internet sales tax proposal

NEW YORK (CNNMoney) The so-called Marketplace Fairness Act would allow the 45 states (and the District of Columbia) that currently charge sales taxes to require large online retailers to collect tax on purchases made by their residents. The law would...

12.08 | 0 komentar | Read More

Nintendo's big problem

NEW YORK (CNNMoney) The company sold only 3.45 million of the Wii U video game consoles during the first quarter, badly missing its own target of 4 million. The hand-held 3DS gaming device has also been a disappointment outside of Japan. Making...

12.08 | 0 komentar | Read More

Best states for retirement aren't what you may think

Not exactly retiree hot spots, chillier states, including North and South Dakota, made Bankrate's list of the top 10 states for retirement. NEW YORK (CNNMoney) Instead, Tennessee and Louisiana topped Bankrate's list of the 10 most retiree-friendly...

12.08 | 0 komentar | Read More

Stock market momentum continues

Click the chart for more stock market data. NEW YORK (CNNMoney) Small investors, who missed the stock market rally of the past few years, are being drawn in by the record highs and returning in droves. The new money could stoke more stock buying...

12.08 | 0 komentar | Read More

Senate to vote on proposed Internet sales tax law

NEW YORK (CNNMoney) The legislation would allow the 45 states (and the District of Columbia) that currently charge sales taxes to require large online retailers to collect tax on purchases made by their residents. The law would only apply to online...

12.08 | 0 komentar | Read More

How construction can lose jobs in middle of home building rebound

Cuts in government spending on construction projects led to the drop in April's construction employment. NEW YORK (CNNMoney) The sector lost about 6,000 jobs overall, according to the Labor Department's jobs report. This was largely due to a decline...

12.08 | 0 komentar | Read More

My First Rifle: The business of selling guns for kids

Chipmunk, a subsidiary of Keystone, sells guns designed for children, along with its sibling subsidiary, Crickett. NEW YORK (CNNMoney) The gun used in the recent shooting in Kentucky was a Crickett .22-caliber rifle, marketed with the slogan "My...

12.08 | 0 komentar | Read More

Buffett's Berkshire blows past estimates

NEW YORK (CNNMoney) Buffett's Berkshire Hathaway (BRKA, Fortune 500) handily beat analyst estimates with its first-quarter earnings on Friday, booking strong gains in its investments and insurance business. Excluding certain investment gains, Berkshire...

12.08 | 0 komentar | Read More

How construction can lose jobs in middle of home building rebound

Cuts in government spending on construction projects led to the drop in April's construction employment. NEW YORK (CNNMoney) The sector lost about 6,000 jobs overall, according to the Labor Department's jobs report. This was largely due to a decline...

12.08 | 0 komentar | Read More

Buffett's Berkshire blows past estimates

NEW YORK (CNNMoney) Buffett's Berkshire Hathaway (BRKA, Fortune 500) handily beat analyst estimates with its first-quarter earnings on Friday, booking strong gains in its investments and insurance business. Excluding certain investment gains, Berkshire...

12.08 | 0 komentar | Read More

Disney pulls out of Bangladesh factories

The Walt Disney Company told licensees and vendors to halt production in "highest-risk countries" like Bangladesh and Pakistan. NEW YORK (CNNMoney) The company sent a letter in March to vendors and licensees to transition production out of the...

12.08 | 0 komentar | Read More

LinkedIn slumps on disappointing outlook

NEW YORK (CNNMoney) LinkedIn again beat expectations in its first-quarter earnings report late Thursday, but the company's guidance for the second quarter came in lower than analysts were expecting. Shares fell a whopping 12% in after-hours trading,...

12.08 | 0 komentar | Read More

How porn links and Ben Bernanke snuck into Bitcoin's code

The code on the left records a bitcoin transaction from July 2011. Converted into text, it generates a portrait of Federal Reserve Chairman Ben Bernanke. NEW YORK (CNNMoney) Bitcoin, a four-year-old digital currency developed by a hacker who...

12.08 | 0 komentar | Read More

Facebook sales jump 38%, with mobile boost

Click to check out Facebook's important Q1 stats. NEW YORK (CNNMoney) Investors are laser-focused on mobile, which Facebook has said is the key to its future success. Mobile ad sales accounted for 30% of Facebook's total ad revenue in the first...

12.08 | 0 komentar | Read More

Shoppers lash out at stores over Bangladesh

NEW YORK (CNNMoney) Dozens of consumers took to social networks after more than 400 workers were killed when a garment factory building in Bangladesh collapsed last Wednesday. The message from shoppers like Judy Caulfield had for retailers: Shame...

12.08 | 0 komentar | Read More

ECB meets under pressure to cut rates

Most economists expect the ECB to cut interest rates at its meeting in the Slovak capital Bratislava on Thursday. LONDON (CNNMoney) The bank's governing council, meeting in the Slovak capital Bratislava, is under intense pressure to cut interest...

12.08 | 0 komentar | Read More

Manufacturing growth falters in China

HONG KONG (CNNMoney) China's official purchasing managers' index posted a decline in April, falling to 50.6 from 50.9 the previous month, according to the national statistics agency. A reading above 50 signals expansion in the manufacturing sector....

12.08 | 0 komentar | Read More

Peter Thiel: Twitter will outlast the New York Times

BEVERLY HILLS (CNNMoney) In a debate with Andreessen at the Milken Institute Global Conference Monday, Thiel, a co-founder of PayPal, said he expects that Twitter's roughly 1,000 employees will have jobs a decade from now. The business case for...

12.08 | 0 komentar | Read More

Americans face tough choices over Bangladesh

Many of the world's largest retailers have clothes made in Bangladesh. NEW YORK (CNNMoney) That's because just about all, or 98%, of clothes sold in the U.S. are made overseas, according to the Apparel and Footwear Association. Also, companies...

12.08 | 0 komentar | Read More