AAA to AA+: Here come the battery jokes!
S&P’s rating downgrade of the United States has hit a nerve with the public, sparking outrage, confusion and even jokes. Latest financial news – CNNMoney.com
Stocks flat ahead of open
U.S. stocks were poised for a flat open Wednesday, as lawmakers made little progress toward raising the debt ceiling with less than one week to go before the nation’s borrowing limit must be lifted. Latest financial news – CNNMoney.com
Congress aims for Sunday solution
Angry Democrats rejected a proposal from Republicans Saturday for a two-step approach to raising the debt limit as congressional leaders raced against to clock to find a solution to the nation’s debt-ceiling crisis, Democratic sources said. Latest financial news – CNNMoney.com
Amid debt-ceiling chaos, advisors say: Don’t panic
As the deadline to raise the debt ceiling rapidly approaches, and lawmakers on both sides of the aisle continue to dig in their heels, it’s hard not to worry about how the ripple effects could impact you. Latest financial news – CNNMoney.com
Kim Kardashian sues Gap over look-alike model
Reality star and entrepreneur Kim Kardashian sued the Gap Wednesday, alleging the clothing retailer used a faux-dashian model in a commercial for its Old Navy brand. Latest financial news – CNNMoney.com
Stocks start strong on housing data
U.S. stocks got off to a positive start Tuesday, as investors welcome a strong report on the housing market and digest the latest batch of corporate results. Latest financial news – CNNMoney.com
Ex Ohio attorney general to lead new consumer bureau
President Barack Obama on Monday will nominate Richard Cordray to head the new Consumer Financial Protection Bureau, the White House announced Sunday. Latest financial news – CNNMoney.com
Starbucks union workers on strike in Chile
Starbucks is facing its first worker strike in history. Latest financial news – CNNMoney.com
FBI probes hacking allegations against News Corp.
The FBI has launched an investigation into Rupert Murdoch’s News Corp. amid allegations that employees or associates may have hacked into phone conversations and voicemail of Sept. 11 survivors, victims and their families, a federal law enforcement source told CNN. Latest financial news – CNNMoney.com
