Latest financial news - CNNMoney.com

Former Bear Stearns execs not guilty

Tue, 10 Nov 2009 17:04:09 EST

Two former Bear Stearns hedge fund managers were found not guilty on all charges on Tuesday in the first major criminal trial stemming from the housing and financial meltdown.

Holiday credit card tips

Tue, 10 Nov 2009 15:20:29 EST

You are at the checkout counter with an armload of packages and as you dig into your purse or wallet, you're presented with an offer of a low-rate credit card along with a holiday gift.

Store theft cost to your family: $435

Tue, 10 Nov 2009 15:19:49 EST

U.S. merchants suffered one of the biggest jumps in shoplifting and other retail crimes over the past year, a trend that cost the average American family about $435, according to a new report Tuesday.

JPMorgan Chase to hire 1,200

Tue, 10 Nov 2009 15:22:05 EST

JPMorgan & Chase announced plans Tuesday to hire 1,200 mortgage loan officers as the bank moves to expand its home loan business.

Donald Trump to personal jet: 'You're fired!'

Tue, 10 Nov 2009 16:20:54 EST

Donald Trump's personal jet is the latest victim of his famous "You're fired!" line. The real estate mogul's plane is for sale -- and not because he's been hit by the recession.

There are still too many houses

Tue, 10 Nov 2009 16:50:40 EST

The lights are on in the housing market. But at more and more places, nobody's home.

The dollar is weak because ...

Tue, 10 Nov 2009 12:57:46 EST

Here's the latest twist on the timeless chicken versus the egg debate. Which came first: the stock and commodities rally or the weaker dollar?

Meet Detroit's new employers

Tue, 10 Nov 2009 12:29:54 EST

Detroit needs jobs. The city's unemployment rate hovers around 28%, the worst in the nation, and the city's budget deficit is near $300 million. Both Detroit's residents and its government need new employers to recharge the local economy.

Dodd offers sweeping bank oversight plan

Tue, 10 Nov 2009 17:23:27 EST

A far-reaching Senate proposal to overhaul the financial system would create three new agencies, while wiping out existing ones, to monitor risky bank practices and protect consumers.

Job openings rise, but hiring still weak

Tue, 10 Nov 2009 12:19:06 EST

The recession may be ending, but the job market is still suffering, according to a government report released Tuesday.

Twitter and LinkedIn hook up

Tue, 10 Nov 2009 11:25:13 EST

"Guinness with Tim, Jon and Richard at LIC Bar. Great Monday night in NYC. See ya tomorrow."

Twitter and LinkedIn hook up

Tue, 10 Nov 2009 11:18:44 EST

"Guinness with Tim, Jon and Richard at LIC Bar. Great Monday night in NYC. See ya tomorrow."

3 ways to stretch your retirement dollar

Tue, 10 Nov 2009 12:30:31 EST

Question: I worked for the same company for more than 27 years and then was laid off eight months ago. Although at age 57 I have lots of experience, my employment prospects look bleak. My 401(k) has gone down the drain the past two years and is currently worth about $320,000. As I approach retirement, I wonder: Will this be enough to live on? --David, Los Angeles, Calif.

Meet poker's Tiger Woods

Tue, 10 Nov 2009 10:58:53 EST

He may not be a household name, but to poker followers, Phil Ivey is a god. The 33-year-old pro player is widely considered the best in the world, a rare consensus for the sport.

Obama home rescue: 650,000 get help

Tue, 10 Nov 2009 12:01:53 EST

Some 650,000 troubled borrowers have been put into trial loan modifications under the president's foreclosure rescue plan, the Treasury Department said Tuesday.

Home prices may be bottoming out

Tue, 10 Nov 2009 11:07:39 EST

The bleeding in the housing market seems to be stanched, at least temporarily, according to home price data released on Tuesday.

Caterpillar stock: Rising from the rubble

Tue, 10 Nov 2009 12:14:42 EST

The maker of big machinery soared as construction boomed and commodity prices skyrocketed, boosting mining and oil drilling. When the economy tanked, Caterpillar saw sales slump, leading to workforce and production cuts.

Stocks lose steam

Tue, 10 Nov 2009 16:30:14 EST

Stocks ended mixed Tuesday, giving up some gains, as the market faltered after a triple-digit rally in the previous session.

Gift shoppers: Bag your best bargains early

Tue, 10 Nov 2009 13:49:53 EST

If you expect holiday bargains to get better as Christmas Eve draws near, you may be disappointed this year.

Oil falls near $79 as Ida weakens

Tue, 10 Nov 2009 15:10:29 EST

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