Business and financial news - CNNMoney.com

Dow in triple-digit drop

Tue, 08 Dec 2009 14:35:01 EST

Stocks tumbled Tuesday afternoon across the board, as investors eyed weak global markets, a rising dollar, falling oil and gold prices and some disappointing profit news from 3M, McDonald's and Kroger.

Obama: Bailout for Main Street

Tue, 08 Dec 2009 15:18:10 EST

President Obama on Tuesday outlined a broad new proposal to try to spur jobs and give more help to Main Street consumers and businesses.

What recovery? Most still see recession.

Tue, 08 Dec 2009 12:59:08 EST

Economists are in broad agreement that the Great Recession is over. The American public strongly disagrees.

GM may speed up repayment to U.S.

Tue, 08 Dec 2009 15:11:30 EST

General Motors is considering repaying all of its $6.7 billion in government loans in one lump sum, rather than through quarterly payments as currently planned, Chief Executive Ed Whitacre told journalists during an online press briefing Tuesday.

Dodge Challenger tops 'best-loved' cars list

Tue, 08 Dec 2009 13:29:18 EST

The Dodge Challenger, the Chrysler Group's retro-styled muscle car, is the car best loved by its owners, according to Consumer Reports' survey of 380,000 readers of its magazine and Web site.

Google sues work-at-home scammers

Tue, 08 Dec 2009 13:07:46 EST

Google filed a lawsuit against Pacific WebWorks and other unnamed defendants for allegedly using the company's name and colorful logo to promote fraudulent work-at-home money-making schemes.

Job openings dwindle

Tue, 08 Dec 2009 12:12:10 EST

Job openings fell and layoffs rose in October, according to a government report released Tuesday.

24,000 baby hammocks recalled after 2 deaths

Tue, 08 Dec 2009 15:21:23 EST

The federal agency in charge of product safety announced the recall of 24,000 Amby Baby hammocks after reports of two infants dying from suffocation in the beds.

A crisis of overconfidence

Tue, 08 Dec 2009 09:01:24 EST

Thousands of years ago, our ancestors fanned out from Africa, convinced that something better lay over the next hill. They brazenly faced down a dangerous world of beasts much larger and fiercer than they were, and their boldness as hunters probably contributed to some species -- saber-toothed cats and the mammoth, for instance -- going extinct.

#$*! credit cards: 5 stories of a cash-only diet

Tue, 08 Dec 2009 07:44:23 EST

Credit card reform kicks in Feb. 22, but it won't matter to these 5 readers. They already cut up their cards and use cash. Here's how they did it.

Land Rover's 3-ton eco-villain

Tue, 08 Dec 2009 13:00:43 EST

How to win at playing retirement catch-up

Tue, 08 Dec 2009 10:52:10 EST

Consider this, if you have doubts about any lingering damage to your retirement savings from the financial crisis: Although stocks are up more than 60% since March, the 401(k) of a typical boomer at the same company for at least 10 years is still worth less than it was two years ago -- even with additional contributions over that period and employer matches. No surprise, then, that a recent AARP study found that 42% of boomers are now worried that they won't have enough money to retire comfortably.

The unstoppable Fung brothers

Tue, 08 Dec 2009 11:28:53 EST

On the morning of Sept. 11, 2001, William Fung, the CEO of Li & Fung Limited, a large Hong Kong-based sourcing company founded by his grandfather, awoke in his Boston hotel room with an inexplicable urge to meet his sister, who lives in San Francisco, for lunch at their favorite sushi restaurant there.

Is Apple cleaning up the App store?

Tue, 08 Dec 2009 12:28:49 EST

Google's real-time search

Tue, 08 Dec 2009 12:13:02 EST

Read full story for latest details.

The iPod Touch generation

Mon, 07 Dec 2009 08:03:41 EST

Sometimes, the Internet lies

Mon, 07 Dec 2009 06:15:27 EST

Droid manly, iPhone girly

Sun, 06 Dec 2009 08:27:04 EST

More Money: Rich pay less tax

Tue, 08 Dec 2009 12:29:26 EST

In praise of extravagance

Mon, 07 Dec 2009 09:47:45 EST

As I sign up for Medicare, a few thoughts run through my little mind. There is a fabulously great quote from an Ernest Hemingway story. After the Crash of '29, a man is asked how he went broke. "Slowly," he says, "and then all at once."