ABC's Josh Elliott leaving 'Good Morning America' for NBC Sports

ABC's Josh Elliott is taking a new role at NBC Sports, raising questions about morning show staffing. NEW YORK (CNNMoney) The move has raised immediate questions about whether Elliott is now in line to take over "GMA's" main rival, the "Today"...

12.08 | 0 komentar | Read More

Michael Lewis: Markets are 'rigged'

Michael Lewis' new book examines high-frequency trading. (An earlier version of this story featured an incorrect photo.) NEW YORK (CNNMoney) "Flash Boys: A Wall Street Revolt" explains how several insiders discover these firms are gaining an...

12.08 | 0 komentar | Read More

Russia fallout pushes Europe to develop shale gas

LONDON (CNNMoney) Jose Manuel Barroso, president of the European Commission, the EU's executive body, said growing tension with Russia over its actions in Ukraine serve as a "very strong wake-up call for Europe" about energy issues. "Europe is...

12.08 | 0 komentar | Read More

GM's recall problems grow

NEW YORK (CNNMoney) Late in the day, GM said it had recalled 172,000 Chevrolet Cruzes "to replace a right front axle half shaft that can fracture and separate without warning during normal driving." Hours earlier, the automaker said it had told...

12.09 | 0 komentar | Read More

GM adds 824,000 vehicles to recall

NEW YORK (CNNMoney) Until today the recall included the Chevrolet Cobalt and HHR, the Pontiac G5 and Solstice, and Saturn Ion and Sky through model year 2007. Now the company is including all model years of those vehicles because faulty switches could...

12.09 | 0 komentar | Read More

Tesla reaches deal to keep selling in New York

NEW YORK (CNNMoney) Tesla (TSLA) and the New York Automobile Dealers Association have reached a compromise in their battle over Tesla's existing five stores in New York City and surrounding suburbs. The dealers had been pushing to shut down the...

12.09 | 0 komentar | Read More

Hong Kong buyers send London real estate soaring

Developers sometimes use scale models to illustrate planned London developments for Hong Kong buyers. HONG KONG (CNNMoney) London real estate is among the most desirable in the world, attracting wealthy investors looking for high returns -- often...

12.08 | 0 komentar | Read More

Lawyer wants recalled GM cars off the road

The Chevrolet HHR is one of the models included in GM's recall of 1.6 million vehicles worldwide. NEW YORK (CNNMoney) GM has told owners of the vehicles with flawed ignition switches that they can safely drive the cars if they remove any extra...

12.08 | 0 komentar | Read More

Russia looks to Asia for trade cushion

Russian President Vladimir Putin is seeking China's support on Crimea. HONG KONG (CNNMoney) The Kremlin's calculations rely heavily on China -- already the second largest importer of Russian goods and a voracious energy consumer. Increased...

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Find hidden IRA savings

Three ways to save more for retirement and lower your taxes over the long run. (Money Magazine) Unlike most tax breaks, which expire at the end of the tax year, you have until midnight on April 15 to make a 2013 IRA contribution -- of up to $5,500,...

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Connecticut boosts minimum wage to $10.10 by 2017

Gov. Dannel Malloy will sign the bill Thursday at a cafe where he discussed wages earlier this month with President Obama. NEW YORK (CNNMoney) The state legislature approved the bill Wednesday and Gov. Dannel Malloy, who proposed the increase,...

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Slow down! A ticket hikes up your insurance

NEW YORK (CNNMoney) Driving without buckling up results in a 5% increase, but that's the smallest hike according to a report from insuranceQuotes.com, a website that allows consumers to compare quotes. Those caught not signaling a turn or failing...

12.09 | 0 komentar | Read More

First legal steps taken against Malaysia Airlines, Boeing

NEW YORK (CNNMoney) Monica Kelly, a lawyer at Ribbeck Law, asked an Illinois state judge on Tuesday to order Malaysia Airlines and Boeing, which manufactured the missing airplane, to provide documents and other information. Kelly is seeking specific...

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Candy Crush maker prices IPO

NEW YORK (CNNMoney) King Digital Entertainment will begin trading Wednesday under the ticker KING on the New York Stock Exchange at $22.50 a share the company said on Tuesday night. The Dublin, Ireland-based game maker sold 22.2 million shares...

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Pew: Online news organizations have created 5,000 jobs

A select few news organization, including Al Jazeera America, have greatly expanded their operations. NEW YORK (CNNMoney) Pew Research Center has tried to put a number on it: 5,000. The center's annual State of the News Media report, released...

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China's factories hit 8-month low

HONG KONG (CNNMoney) HSBC said that its "flash" measure of sentiment among manufacturing purchasing managers fell to 48.1 in March. Analysts had expected the index to rebound from its final reading of 48.5 in February. Any number under 50 indicates...

12.08 | 0 komentar | Read More

Arizona may allow Tesla sales

NEW YORK (CNNMoney) The bill is part of Arizona's effort to be the home state of a massive Tesla factory currently under development. Arizona is one of four southwestern states Tesla is considering for its so-called gigafactory, a $1.6 billion...

12.08 | 0 komentar | Read More

Apple eyes partnerships in bid to reinvent TV

Television is thought to be a focus for Apple and CEO Tim Cook. NEW YORK (CNNMoney) The computing giant's next foray into TV could come in partnership with Comcast, the largest television and broadband provider in the United States, The Wall...

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Taxpayers hit with fewer audits

NEW YORK (CNNMoney) The agency audited 1.4 million people last year, down 5% from 2012 and the lowest number of audits conducted since 2008, according to IRS statistics released Friday. The IRS blamed its shrinking budget for the drop-off, saying...

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No winners for $1 billion NCAA challenge

NEW YORK (CNNMoney) The $1 billion prize for a perfect NCAA bracket that his Berkshire Hathaway (BRKA, Fortune 500) was backing will go unclaimed. None of the fans who signed up for the perfect bracket challenge sponsored by Quicken Loans and Yahoo...

12.08 | 0 komentar | Read More

Taxpayers hit with fewer audits

NEW YORK (CNNMoney) The agency audited 1.4 million people last year, down 5% from 2012 and the lowest number of audits conducted since 2008, according to IRS statistics released Friday. The IRS blamed its shrinking budget for the drop-off, saying...

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Are Netflix users ripping off the rest of us?

Reed Hastings says Netflix is "reluctantly" paying for faster connections to broadband networks. NEW YORK (CNNMoney) Hastings sounded off Thursday on the likes of Verizon (VZ, Fortune 500), Comcast (CMCSA, Fortune 500) and others, accusing them...

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Obamacare: Some may have more time to finish applications

The administration may let some people finish their Obamacare applications after March 31 NEW YORK (CNNMoney) Administration officials have repeatedly said they are not extending the open enrollment deadline. But they are now considering giving...

12.08 | 0 komentar | Read More

Risks in focus as China's economy slows

Industrial production, retail sales, and investment growth in China have all disappointed in recent months. HONG KONG (CNNMoney) A winter malaise has become something of a pattern for China's economy in recent years, with slower growth in January,...

12.08 | 0 komentar | Read More

IRS monitor: $1 million phone scam 'largest ever'

The phone scam stole at least $100 million. NEW YORK (CNNMoney) That's the warning from federal authorities, who on Thursday said a nationwide phone scam has stolen $1 million from thousands of unsuspecting people. The impostor claims to be...

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GM CEO Mary Barra to testify before Congress

GM CEO Mary Barra will testify before Congress. HONG KONG (CNNMoney) The hearing was announced by the House Energy and Commerce Committee on Thursday. David Friedman, the acting head of the National Highway Traffic Safety Administration, will...

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10 things about the Moto 360 smartwatch

NEW YORK (CNNMoney) Motorola chief designer Jim Wicks sat down to discuss some of the Moto 360's guiding design principles and offer up a few new bits of info on the forthcoming product. Here are 10 things from that talk we found particularly interesting....

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When do I stop paying Social Security taxes?

Any earnings greater than $117,000 are not subject to Social Security taxes. NEW YORK (Money Magazine) No, you don't. The maximum amount of earnings subject to Social Security tax this year is $117,000, up from $113,700 in 2013. Beyond the...

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Starbucks CEO backs minimum wage raise

Howard Schultz applauds Obama for taking stance on minimum wage. NEW YORK (CNNMoney) "I applaud the President for taking a stance on raising the minimum wage," he told CNN's Poppy Harlow in an interview. But Schultz, known to donate to Democratic...

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Candy Crush company founder left $1 billion on the table

NEW YORK (CNNMoney) In 2003, Rowland co-founded King Media Entertainment, maker of the hugely popular Candy Crush video game. He left the company in 2011, cashing out his stake for just under $3.1 million. But King is now preparing for an initial...

12.09 | 0 komentar | Read More

Income inequality hits retirement confidence

NEW YORK (CNNMoney) Amid an improving economy and booming stock market, 55% of workers surveyed said they were "very" or "somewhat" confident that their savings would be enough -- up from 51% last year, according to an annual survey released Tuesday...

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Wal-Mart will buy your used video games

Wal-Mart will let consumers trade in old video games for gift cards to use in its stores, on walmart.com and at Sam's Club stores. NEW YORK (CNNMoney) The world's largest retailer said its new video game trade-in service kicks off on March 26...

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Honda Odyssey recall ties 900,000 minivans to fire risk

The nearly 900,000 minivans include models years 2005 through 2010. Here, the Odyssey is pictured at a dealership in 2010. NEW YORK (CNNMoney) The recall includes some Honda Odysseys of model years 2005 through 2010. The automaker said it...

12.09 | 0 komentar | Read More