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Missed out on Facebook IPO and couldn't be happier

One individual investor explains why he's relieved he didn't buy Facebook on the day of its IPO. Another did buy near the top but is still holding on for the long haul.  More

Debt ceiling: Treasury soon to start juggling act

The U.S. Treasury on Friday will employ the first of several "extraordinary measures" to keep the country's borrowing from breaching the debt ceiling. Treasury Secretary Jacob Lew may soon issue a letter formally notifying Congress.  More

France wants eurozone government, soon

France wants to see the creation of a eurozone government within two years to help lift the region out of its economic slump.  More

Overworked IRS unit was treated like a "step sister"

The Internal Revenue Service group under fire for giving extra scrutiny to conservative groups was overworked, understaffed and lacked a layer of experienced middle managers to sound alarms, say former colleagues.  More

GE engines on Boeing 777 need fix

GE alerts airlines about problems causing its jet engines aboard Boeing 777 to shutdown in flight.  More

Apartment construction slows sharply

Housing starts fall sharply in April as volatile apartment construction figure falls sharply, but single-family home building remains strong.  More

This entrepreneur ditched the United States for Canada

Brian Shuster is an entrepreneur who made millions in the United States before packing his bags and heading to Canada. He says Vancouver is better for business: more talent, better work ethic and thoughtful government.  More

Small SUVs struggle in crash test

Five SUVs including the Hyundai Tuscon, Ford Escape, Kia Sportage, Buick Encore and Jeep Patriot earned poor ratings in a tough new crash test.  Play

You can spend bitcoins at your local mall

Virtual currency Bitcoin is gaining acceptance at a growing number of merchants -- but they admit that very few customers are actually using it.  More

Kohl's is the anti Wal-Mart

Shares of discount retailer Kohl's were up on strong earnings despite weak sales. The company said it kept expenses down. Meanwhile, Wal-Mart dipped on its outlook.  Play

Japan GDP trumps expectations under Abenomics

Japan's economy kicked into high gear during the first quarter as policymakers worked to combat falling prices and implement the policy prescriptions of Prime Minister Shinzo Abe.  More

Google: We're still a software company

At its annual I/O conference, Google showcased a number of software updates yet almost nothing new in hardware.  Play

White kids will be a minority by 2019

The tipping point when white, non-Hispanic people will account for less than 50% of America's youth is about five to six years away, according to Census Bureau projections.  More

Google's new products in 90 seconds

A new music service, new maps, voice search and a surprise appearance by CEO Larry Page were among the highlights at Google I/O.  Play

Jana jumps into Zynga, Groupon

Social media stocks Zynga and Groupon find a buyer and potential agitator in the hedge fund Jana Partners. Tiger Management exits its stake in Apple.  More

IRS to close for 5 days due to budget cuts

Forced budget cuts are taking another bite out of the tax collection agency's operations. In addition to longer waits on its helpline, the agency will be closed completely for 5 days between May and August.  More

How I make money mining bitcoins

With bitcoins still hovering over $100, one miner explains how he makes money running his computer 24/7, supporting the Bitcoin system.  Play

Los Angeles is worst for mail carrier dog bites

Los Angeles letter carriers suffer greatest number of dog bites in annual ranking from Postal Service.  More

Cisco earnings up in 'slow but steady' economy

Cisco's financial results mirror worldwide economic trends -- and last quarter's sales and earnings show steady improvement.  More

Quinn: 'Thinking is distracting from doing'

New York City mayoral candidate Christine Quinn tells women she stopped thinking about how she is viewed by others because then 'I'm not spending all of my brain doing.'  Play

Why Google's new music service might actually work

This could be the music service that finally challenges Spotify.  More

Remember Maxell's 'Blown Away Guy'?

The electronics maker never knew its audio cassette commercial would find a place in pop culture history.  Play

Getting into the military is getting tougher

Thanks to the weak job market, the military is hiring higher-skilled recruits these days.  More

Stocks charge to new highs ... again

Wall Street started Wednesday in the red, but stocks resumed their march into record territory by the afternoon, with all 10 sectors moving higher.  More

EU braces for China telecoms trade fight

Europe says it's ready for a trade dispute with China over telecoms exports but would prefer to negotiate a solution.  More

Payroll tax hike prompts spending cuts

Most Americans plan to cut spending to make up for income lost from the payroll tax hike.  More

Eurozone economy shrinks again

Germany's return to growth isn't enough to prevent the eurozone economy from contracting.  More

Tesla: The anti-Solyndra

Unlike well-publicized losses on Solyndra, federal government could win big on $465 million Energy Department loan to Tesla Motors.  More

What's behind the IRS controversy?

The Internal Revenue Service is under fire for targeting Tea Party groups seeking tax-exempt status.  Play

How I 'stole' $14 million from a bank

Hacking into a bank is surprisingly easy. This expert has the receipt to prove it.  More

Japan: Is Abenomics working?

The initial results of Japan's Abenomics experiment are encouraging, but it's too early to call the strategy a success.  More

Robin Hood: Big Wall Street donations are back

The Robin Hood Foundation, a poverty-fighting non-profit led by top hedge fund managers, raised $80 million at its annual gala.  More

David Ortiz selling f---ing charity bat

Boston Red Sox slugger's famous quote and autograph are on a bat that's being sold to raise funds for Marathon bombing victims.  More

Too late to invest in the bull market?

As the Dow and S&P 500 both hit record highs, some investors are wary of the rally while others are finding value in stocks that are lagging behind.  Play

Wal-Mart tightens safety monitoring in Bangladesh

Wal-Mart said it will list all factories it works with in Bangladesh and provide information on safety inspections to the public in the wake of tragic factory deaths in the country.  More

Deficits falling faster than expected

The Congressional Budget Office projects this year's deficit will be $200 billion less than expected just a few months ago. But the downward trend won't continue since lawmakers haven't tamed long-term drivers of the country's debt.  More

U.S. companies drag their feet on Bangladesh factory safety

Ten companies have signed a legally binding agreement to make changes to safety protocols in Bangladesh factories. Just one is based in the United States.  More

Jolie's mastectomy highlights genetic testing company

Angelina Jolie's decision to undergo a preventative double mastectomy has put the spotlight on Myriad Genetics, the only company in the world that conducts genetic tests for breast cancer.  More

Google CEO Larry Page has vocal cord paralysis

Page, who didn't speak in public for several months last year, said his doctors speculate it's virus-based nerve damage from a terrible cold he suffered 14 years ago.  More

Proxy firm to Goldman Sachs: Rein in executive pay

Shareholder advisory firm Glass Lewis says that Goldman Sachs should do more to align pay to performance.  More

Who will pay more under Obamacare? Young men

Young men buying individual coverage will likely see their premiums soar next year. For others, costs will vary.  More

EU probes suspected oil price rigging

European anti-trust officials have begun investigating several major oil companies including Shell and Norway's Statoil over suspected attempts to manipulate benchmark prices.  More

Stocks: Bulls back in the driver's seat

The S&P 500 and Dow continue their record run as investors focus on improving economic data and continued support from the Federal Reserve.  More

Defense Department trims furlough days to 11

The Department of Defense will announce today that some 800,000 employees now face 11 furlough days, down from 14.  More

Inside BMW's design lab

CNNMoney gets an inside look at BMW's North American design lab, where the company works on everything from cars to coffee makers.  Play

Europeans still back austerity - survey

Despite recession and record unemployment, most Europeans still think governments should be cutting spending to bring down debt, according to a new survey.  More

Bloomberg still has plenty of fans on Wall Street

The news that Bloomberg reporters were permitted to see how clients used the company's financial data terminals raises concerns about privacy.  More

5 Apple rumors likely to come true

Rumors about Apple's iPhone, iOS software, iWatch and iTV are rampant, but you'll probably see these five one day.  More

Elon Musk-chaired SolarCity set to pull back after rally

SolarCity, chaired by Tesla Motors head Elon Musk, posted solid first-quarter revenues Monday but offered weak guidance.  More

What's behind the IRS tea party scrutiny flap

The IRS is under fire for targeting conservative groups in a review of tax exempt groups engaged in political activity. Here's how it all started.  More

4 reasons online TV is still a pipe dream

ABC is the first broadcaster to launch its own live-streaming app, but four big limitations highlight the difficulty of getting TV fully online.  More

City of Detroit is financially 'insolvent'

Detroit's emergency manager says the city can't afford current expenses and is no longer able to borrow the money it needs to operate.  More

Stocks and bonds under Fed pressure

The yield on the 10-year Treasury is closing in on 2%, while stocks were mixed on worries the Federal Reserve will begin to unwind its bond purchases sooner rather than later.  More

Bond investors fear another 1994

Some worry bond yields will surge -- just like they did when OJ Simpson dominated the headlines -- if the Fed tightens sooner rather than later.  Play

Retail sales rise unexpectedly

Strong car sales and a rebound in home building help lift spending, despite weakness in other sectors.  More

Indoor pot growing uses 1% of U.S. power

Growing weed indoors isn't very green. But with marijuana legalization in Washington State, some hope to move cannabis production outside and under the sun.  Play

2-year-old West, Texas victim's long road to recovery

After getting severely injured from the West, Texas, fertilizer plant explosion, two-year-old Ariana Gassaway has a long road to recovery ahead of her.  More

View from Main Street in one small town

We visited Maplewood, N.J., and spoke to small business owners about what it's like to run a shop in today's economic climate.  Play

Individual investors rush into Apple

More TD Ameritrade clients own Apple now than ever before as individual investors took advantage of Apple's recent stock slide.  More

Bloomberg apologizes to clients for data snooping

The editor in chief of Bloomberg News said Monday that reporters working for the company's news division should never have been allowed to access otherwise restricted client data.  More

Why Marc Andreessen likes Google Glass

Venture capitalist Andreessen thinks Google Glass will be just as 'transformative' as the smartphone - if not more.  Play

China's debt: a crisis in the making?

China's credit boom has saddled unworthy businesses with large loans, fueled the country's shadow banking system and put local governments on the hook for billions.  More

Nokia's Lumia 928: Placeholder more than flagship

Nokia's latest top phone, the Lumia 928, might just be a placeholder.  More

Scenes from a $45 million bank heist

A team of thieves hacked into banks around the globe, while foot soldiers withdrew massive sums from ATMs and bought luxury items with stolen cash.  More

5 things we want to see from the new Android

Google is expected to unveil the next version of Android next week. These 5 features could improve the operating system.  More

Yahoo is stuck with Microsoft

Yahoo's Microsoft Bing-powered search deal hasn't paid off as well as Yahoo hoped.  More

How hackers stole $45 million from banks

U.S. authorities say that cyber thieves used an elaborate scheme involving stolen pre-paid debit card information to steal $45 million from banks.  Play

Tesla stock up 40% this week

In the wake of first profit and a glowing review for the Model S, Tesla shares continued to shoot higher Friday.  More

Yahoo's Mayer is 'wartime' CEO - Andreessen

Investor Marc Andreessen says that Marissa Mayer needs to fix her company and 'people need to be in the same room.'  Play

11 cities where workers are disappearing

In places like Detroit and Tucson, the labor force is contracting.  More

Ex-Enron workers: Keep Skilling in prison

Former Enron workers say the possibility that Jeffrey Skilling could be released early from jail isn't fair to those who lost everything they had.  More

Stamp prices could rise again

The U.S. Postal Service board said it's considering price hikes as losses continue.  More

Marketing the news: Just ask Wal-Mart, Kraft

For companies, like McDonald's and Wal-Mart, there are often big marketing opportunities written into headline news.  More

Stocks: New highs during three week winning streak

The Dow and S&P 500 end at fresh record highs as investors continue to welcome moves by global central banks to boost economic growth.  More

Nikkei at 5-year high after best week since 2009

Nikkei gains 2.9% Friday to end best week since November 2009 after dollar breaks the ¥100 mark for the first time in four years.  More

Marijuana taxes as a cash cow? Think again

Taxes on legal marijuana might not turn out to be the profit pump politicians promised.  More

Flood alarms threatened by budget cuts

Forced federal spending cuts, combined with tighter budgets at the local level, is forcing the U.S. Geological Survey to turn off some 350 stream gauges that monitor water flows starting this week.  More

Where the mortgage deduction really pays

The mortgage interest deduction is claimed by less than a third of all tax filers, and its benefits are distributed unevenly across states -- factors that may become part of the tax reform debate.  More

The FCC wants to make in-flight Wi-Fi less awful

A new proposal to speed up in-flight Wi-Fi from the FCC would borrow bandwidth from satellites.  More

McDonald's marketing opportunity turns murky

McDonald's said it would "be in touch" with Charles Ramsey, who rescued three women while eating a Big Mac. But court documents raise questions over Ramsey's background.  More

YouTube launches paid subscription service

YouTube subscription fees will start at 99 cents per month, and viewers can test out a free 14-day trial.  More

Boeing speeds up pace of Dreamliner production

With a fix for battery problems behind it, Boeing ups the number of Dreamliners being built to seven a month from five.  More

Hedge-fund billionaire Falcone agrees to SEC ban

Under the proposed settlement with the SEC, Falcone would be barred from serving as an investment adviser for two years but could still manage his companies.  More

Only half of all Americans invested in stocks

The sharpest decline in stock ownership is among middle-income Americans. In 2008, about 66% of middle class Americans owned stocks, compared just 50% now.  More

Japanese yen hits new 4-year low

The dollar hit ¥100 for the first time since April 2009 as the Bank of Japan moves to boost the nation's economy.  More

Fannie Mae, Freddie Mac to help cut deficit

The mortgage financing giants, taken over by the federal government in 2008, are profitable again and paying big dividends to Treasury. That will help the country pare its deficit and buy time before Congress has to raise the debt ceiling.  More

Barnes & Noble soars 24% on report that Microsoft wants to buy Nook

Microsoft is already a Nook investor, but now the company reportedly wants to buy Barnes & Noble's entire e-book business for a cool $1 billion.  More

8 to be charged in $45 million cybertheft bank heist

Federal prosecutors to announce charges against 8 in New York who were part of global cybertheft ring stealing targeting banks.  More

Pickens: Natural gas to power most semis

T. Boone Pickens says that cheap natural gas will become the go-to for transportation fuel and that leaders in Washington will eventually realize the economic benefits.  Play

Jobless claims fall to another 5-year low

Layoffs are back to pre-recession levels.  More

I'm signing up for Obamacare

These Americans can't wait until they can apply for health insurance under the new state-based exchanges, scheduled to open for enrollment in October.  More

Carriers look to phase out the $200 iPhone

The days of the $200 smartphone could be numbered.  More

Day traders salivate over market highs

Day traders aren't just looking for higher stock prices, but volatility and volume too. But you need a technological edge to profit.  Play

Stocks: Shorts get squeezed

The broader U.S. stock market closed in the red Thursday, but a few favorites among short sellers surged following upbeat earnings reports.  More

Groupon shares surge 13% as losses narrow

Shares of Groupon rose sharply after the company reported a smaller loss and growing sales.  More

Green Mountain expands Starbucks partnership

Green Mountain announced that it will keep producing Starbucks-branded single serve pods for the firm's popular Keurig brewing machines. Shares soared on the news.  More

Enron convict Skilling to get out of jail early

Former Enron CEO Jeffrey Skilling will still serve many years in prison, according to his lawyer, but will be out much earlier than his 2028 release date.  More

Ackman: P&G CEO may need to go

Bob McDonald, who's led P&G since July 2009, serves on the board of 21 different organizations, and Bill Ackman thinks that may be more than a few too many.  More

Your heart attack bill: $3,300 in Arkansas, $92,000 in California

New federal data shows big gaps in bills for same procedures, even between hospitals in the same city.  More

Beach Boys treasures could fetch millions

A thousand pieces of Beach Boys memorabilia, including handwritten songs, were found in a storage locker and are now up for auction.  Play

Yahoo's Marissa Mayer: Personal attacks are just 'noise'

The Yahoo CEO is well aware of the public obsession with her work-life balance. But she insists she's focused on turning Yahoo around.  More

Lauryn Hill heads to prison for tax debt

Eight-time Grammy winner Lauryn Hill is sentenced to three months in prison for failing to file tax returns on nearly $1.8 million of income.  Play

Consumers spending nearly 10% more than in 2009

Americans are shelling out more for everyday staples like groceries and gas, while also splurging a little on dining out and giving to charities, according to a Mint.com survey.  More

Dow, S&P hit new highs in quiet trading

U.S. stocks continue to set new records as investors welcome better-than-expected corporate earnings and signs of strength in the job market.  More

Why BMW is building a bobsled

The U.S. Olympic team has tapped the automaker to design and develop a two-man bobsled for the 2014 Winter Olympic Games.  Play

Apple picks itself up off the mat

The beleaguered tech giant has seen its stock rise in the weeks since it caved and announced a record share repurchase program.  More

What you need to know about Google Glass

Google Glass may be the future of computing, but for now it is limited by needing your phone's data connection.  Play

IRS workers protest spending cuts

IRS workers were out in force Tuesday protesting the impending furloughs due to government spending cuts.  More

SodaStream loses its pop

Shares of the do-it-at-home beverage maker fell even though earnings topped forecasts. Expectations were high and some think SodaStream is a fad.  Play

Oil companies target America

The domestic oil boom is prompting U.S. oil firms to sell assets overseas and invest the money domestically.  More

Current deficit plunges 32%

Higher taxes and more people working brought in far more revenue during the first seven months of this fiscal year than the same period last year. Spending fell modestly, too.  More

Star Wars is in safe hands with EA

Game fanatics are on edge about EA's exclusive deal to produce Star Wars games, but this is a good thing  More

Munger: Europe 'made ghastly mistakes'

Warren Buffett's lieutenant Charlie Munger says Europe will muddle through their economic problems and that Japan has gracefully 'taken a messed-up static economy for a long time.'  Play

Jack Lew's signature gets a makeover

Treasury Secretary Jack Lew revamps his signature to make it more legible.  More

Windows 8 fixes are on the way

Microsoft says its Windows 8 'Blue' update will fix some of the biggest customer gripes about the operating system.  More

Pagers cost hospitals billions

U.S. hospitals are wasting billions of dollars annually by using archaic technology like pagers, according to a new industry report.  More

Inside a Chinese ghost mall

Touted as the 'largest shopping mall in the world,' the New South China Mall sits virtually empty as a result of low demand and over-ambitious building.  Play

Microsoft: Don't expect a Windows 8 iTunes app soon

Windows 8 doesn't yet have an iTunes app, and Microsoft doesn't expect Apple to release one.  More

The many faces of legal marijuana

From the longtime advocate to the free-market capitalist, meet the interesting people trying to cash in on legal cannabis in Washington State.  Play

Sentiment shift: Home prices to rise

A majority of Americans forecast home prices will rise over the next 12 months for the first time in three-year old survey by Fannie Mae.  More

Online retailers call Internet sales tax a 'nightmare'

Small online retailers worry an Internet sales tax will place too heavy a burden on them with paperwork and compliance costs.  More

Dow closes above 15,000

The S&P 500 and Dow end at new record highs as investors keep pushing stocks higher.  More

Long waits, locked restrooms loom for national park visitors

Park insiders suggest vacationers this summer prepare for long lines, truncated visitors' center hours, locked restrooms and overflowing trash cans, thanks to federal budget cuts.  More

Nintendo's big problem

Nintendo's past formulas for success aren't working anymore  More

Unemployment haunts Social Security recipients

Older Americans who lose their jobs close to retirement are finding their Social Security benefits are lower than expected.  More

Jamie Dimon is under fire

Shareholders are pushing JPMorgan's board to strip Jamie Dimon of his role as chairman. An influential shareholder advisory firm also wants three board members out.  More

BofA, Wells Fargo sued for mortgage settlement violation

Lawsuits from New York Attorney General Eric Schneiderman are the first legal actions from federal or state officials over banks' alleged non-compliance with the mortgage settlement.  More

Your own supercomputer for just $500,000

The company that invented the supercomputer is rolling out a discount model.  More

Google in hot water over Apple patent dispute

The European Commission says Google's Motorola Mobility unit is being anti-competitive by trying to protect some patents in Germany.  More

Munger on jobs: 'Suffering is required'

Billionaire Berkshire Hathaway Vice Chairman Charlie Munger says, 'I don't think you change policies because some people are suffering.'  Play

BMC Software sold for $6.9 billion

Private equity firms are buying the struggling BMC Software for $6.9 billion after a year-long campaign by activist shareholder Elliot Management.  More

Has the gold bull run out of steam?

Investors have shunned the precious metal in recent weeks, raising concerns the 12-year old bull market in gold is nearing an end.  More

Buffett: Income inequality hurting economy

Billionaire investor Warren Buffett thinks immigration reform will pass in Congress and that rising income inequality is a drag on economic growth.  Play

Meet the new pot entrepreneurs

Washington State's budding marijuana industry has drawn entrepreneurs from all careers and backgrounds.  More

Warren Buffett: No more stimulus

Warren Buffett says the Fed's policies are driving higher asset prices and that fiscally, 'the downside of that stimulus would be greater than the immediate benefits.'  Play

Bangladesh vows reform amid allegations of 'modern slavery'

Bangladesh promises to improve labor oversight as retailers weigh cost of doing business in the country after devastating factory collapse kills hundreds of workers.  More

Madoff lawyers collect $700 million in fees

Lawyers are earning fat paychecks to recover money from Madoff's Ponzi scheme.  More

Munger: Banks will 'get in trouble again'

Despite Berkshire Hathaway's large investments in big banks, Charlie Munger says the banks need more regulation and less risk on their trading books.  Play

Fund manager: Now's the time to buy bonds

Fund manager Jeffrey Gundlach says yields may be painfully low now, but they may go even lower so investors should get in now.  More

Procter & Gamble's environmental vision

CEO Bob McDonald wants Procter & Gamble to move to a zero waste production environment.  Play

Senate to vote on proposed Internet sales tax law

The U.S. Senate is expected to vote on a long-debated Internet sales tax law Monday -- paving the way for millions of consumers to start paying sales tax on online purchases.  More

Why General Mills opposes GMO labeling

General Mills CEO Kendall Powell says that genetically-modified food is safe and does not need a special label.  Play

My First Rifle: The business of selling guns for kids

The marketing of guns for children is in the spotlight after a five-year-old shoots his 2-year-old sister to death.  More

Stocks: Will momentum stick?

This week will be another test to see if markets will continue their upward trajectory.  More

80 secs walking with Warren Buffett

Warren Buffett strolls the exhibition hall at Berkshire Hathaway's annual shareholders meeting and talks about BNSF railroad and the Tribune Company.  Play

Meals on Wheels budget cuts

Federal funding for Meals on Wheels, which provides meals and human contact for seniors, will be reduced $38.7 million due to automatic budget cuts known as the sequester.  More

Inside America's off-the-books economy

Companies are relying more and more on skilled freelance laborers in order to cut costs. These laborers, however, generally don't report their cash earnings.  Play

Construction jobs decline, but housing boom still strong

The April jobs report showed a drop in construction jobs, but it isn't because the housing boom is slowing.  More

Fewer Americans are unemployed long-term

The ranks of the long-term unemployed are thinning, but it's not known whether they are getting jobs or just dropping out of the labor force.  More

Staples starts selling 3-D printers

Staples says it's the first major U.S. retailer to sell a 3-D printer. The Cube, made by 3D Systems, is available on Staples.com now and will hit brick-and-mortar stores by June.  More

The AIG bailout worked

Shares of AIG surged after the insurance giant reported better than expected earnings. Taxpayers and investors should be proud of AIG.  Play

Eating and shopping lead job rebound

Retail, restaurant jobs pick up, pointing to greater consumer confidence and raising hopes for a broader economic recovery.  More

France to relax austerity as recession bites

Europe takes another step back from austerity, saying it may give France two more years to meet borrowing targets as eurozone's second biggest economy slips back into recession.  More

Bangladesh tragedy pressures retailers

After a building collapse in Bangladesh killed over 400 workers, retailers are under pressure to improve overseas manufacturing standards.  Play

April jobs report: Hiring picks up

Job growth was stronger than initially reported at the start of 2013, and U.S. employers continued to hire in April.  More

Dow tops 15,000 on jobs report

Stocks surged after the U.S. government announced 165,000 jobs were added in April and the unemployment rate ticked lower.  More

Behind April's jobs reports

168,00 jobs were created in April thanks to robust hiring in the retail and hospitality sectors, sending the unemployment rate down to 7.5%.  Play

What an Internet sales tax will cost you

The Senate is expected to vote on legislation that would allow 45 states and the District of Columbia to require online retailers to collect sales taxes on purchases. Here's how it would impact your online shopping bill.  More

Stocks: Ready to rally after jobs report

U.S. government announces 165,000 jobs were added in April and the unemployment rate ticked lower. Stock futures rallied.  More

How porn snuck into Bitcoin's code

Hackers are tinkering with a key part of Bitcoin's system.  More

Public defender hard at work on furlough week

A federal investigator in the D.C. Public Defender's office is in the midst of taking her 6 days of furlough. She and others in that office face as many as 15 unpaid days this year.  More

Watch Warren Buffett send his first tweet

Legendary investor Warren Buffett fired off his first tweet during an interview with Fortune.  Play

Obama's pick for housing agency to face headaches

Mel Watt, President Obama's choice to head the FHFA, will have to deal with a number of contentious questions about the government's role in the housing market should he be confirmed.  More

Waiting for the bond bubble to pop

There's been a lending bonanza, yet investors see dangers in low priced junk bonds.  More

LinkedIn slumps on disappointing outlook

LinkedIn has blown Wall Street estimates out of the water for nearly two years, but it looks like that trend could be coming to an end.  More

Jobless claims fall to 5-year low

First-time claims for unemployment benefits fell to their lowest level in five years last week.  More

Warren Buffett's investing advice

Berkshire Hathaway CEO Warren Buffett shares some of his investing tips.  Play

15-year mortgage rate hits record low

Mortgage rate for 15-year fixed loan falls to 2.61% in latest week, Freddie Mac says.  More

GM trims European losses

GM earnings fall in first quarter but reduced European losses helped to cheer investors.  More

Intel names Brian Krzanich new CEO

Brian Krzanich will be Intel's new CEO after Paul Otellini retires on May 16.  More

Fund manager: Fed should rev up 'printing press'

Hedge fund manager Dan Arbess thinks the Federal Reserve should funnel money directly to the Treasury instead of simply buying more bonds.  More

Buffett on women's self-doubt problem

Berkshire Hathaway CEO Warren Buffett discusses what he's learned from female role models and says that women can't put limitations on themselves.  Play

ECB: We're ready to fight a recession

Bank cuts rates as prospects of economic recovery in the eurozone begin to fade.  More

Real debt fix can't exempt middle class - CBO chief

Lawmakers promise they will never raise taxes or cut benefits for the middle class. But Congress' budget scorekeeper says they won't be able to keep that promise forever if they are serious about putting the debt on a sustainable path.  More

10 famous first tweets

Warren Buffett joined Twitter Thursday. Here's a look back at nine other notable first tweets.  More

How Warren Buffett defines success

Berkshire Hathaway CEO Warren Buffett says that true success only comes when those around you love and care about you.  Play

Stocks rebound, S&P nears 1,600

Good news on economic, earnings and Europe front fuel rebound in stocks after mild sell-off. Investors encouraged by drop in jobless claims and ECB's interest rate cut.  More

Yelp stock gets strong review

Shares of the social media site surged more than 20% in early trading thanks to a big jump in ad revenue.  Play

Boeing's Dreamliner returns to the skies

Qatar Airways resumes the flight of Boeing's flagship plane after problems with overheating lithium batteries were fixed.  Play

Facebook sales jump 38%, with mobile boost

Facebook's sales jumped 38% over the year, but investors are still heavily focused on mobile -- and they're worried about the company's rising expenses.  More

Why Will.i.am teamed up with Coke

Musician Will.i.am tells Fortune's Andy Serwer how he pitched Coca-Cola to become more involved in sustainability.  Play

Hedge fund manager: Fed should rev up 'printing press'

Hedge fund manager Dan Arbess thinks the Federal Reserve should funnel money directly to the Treasury instead of simply buying more bonds.  More

Samsung Galaxy S4 vs HTC One: Which Should You Buy?

There are two Android phones that matter this year. Here's how their respective features stack up.  More

What the Galaxy S4 phone really costs

The parts making up Samsung's newest flagship phone total a lot less than its $599 retail price.  Play

HTC One: An Android phone that works as good as it looks

HTC's latest smartphone is more than just a pretty face.  More

GM CEO: Volt will be profitable

GM CEO Dan Akerson tells Fortune that the second generation of the Chevy Volt will be cheaper to make and profitable.  Play

Shoppers lash out at stores over Bangladesh

Consumers voice their concern on social media in the wake of a Bangladesh factory collapse that kills over 400 people.  More

Federal Reserve sticks with stimulus

The Federal Reserve will keep its foot on the gas pedal for the foreseeable future, in its controversial effort to stimulate the recovery.  More

NRG CEO: Nat gas will wipe out nuclear

Shell President Marvin Odum and NRG CEO David Crane explain why they think natural gas will become a dominant energy source.  Play

Chevy pulls ad offensive to Chinese

Ad for Chevy Trax pulled for using old song with offensive lyrics.  More

Apple's new blockbuster: Bonds

The tech giant now offers investors two ways to own a piece of Apple. While the stock has regained some ground, demand for Apple's new bonds was overwhelming.  More

J.C. Penney ad: We're sorry. Please come back

In its latest ad, J.C. Penney cops to making mistakes and pleads with customers to come back.  More

Stocks begin May with a sell-off

Stocks dropped about 0.9% a day after they knocked-out six consecutive monthly gains, and Wall Street is wondering whether the bulls still have more room to run.  More

Time Warner earnings up

Despite problems in print that have prompted staff cuts and spinoff plans at Time Inc. Time Warner earnings improved in first quarter.  More

NRG CEO: Nat gas will wipe out nuclear

Shell President Marvin Odum and NRG CEO David Crane explain why they think natural gas will become a dominant energy source.  Play

Pimco's Bill Gross gets bullish. Sorta.

Pimco's Bill Gross says investors shouldn't shun stocks or bonds, but should gradually cut back on risk.  More

Businesses were more hesitant to hire in April

Hiring by private businesses slowed in April, according to ADP's jobs report.  More

Here's the form to apply for Obamacare coverage

Shoppers can start filling out the three-page form in October to apply for coverage.  More

Is a cannabis pill the drug of the future?

Meet one entrepreneur in Washington State that is converting marijuana into oil for sprays, droppers, lotions and pills.  Play

The Internet's most dangerous spots

Some things just shouldn't be connected to the Internet. With Shodan, a search engine that finds connected devices, it's easy to locate dangerous things that anyone can access without so much as a username or password.  More

GM CEO: Volt will be profitable

GM CEO Dan Akerson tells Fortune that the second generation of the Chevy Volt will be cheaper to make and profitable.  Play

Manufacturing growth falters in China

A weaker than expected manufacturing report in China has added to worries of slower growth in the world's second largest economy.  More

Marissa Mayer's first-year pay: $6 million

Yahoo CEO Marissa Mayer took home a pay package of nearly $6 million for her first year of work.  More

Marissa Mayer extends Yahoo's maternity leave

Yahoo CEO Marissa Mayer caught flak for coming back to work two weeks after she gave birth, but now she is extending Yahoo's parental leave policy.  More

Who's to blame for Bangladesh tragedy?

The collapsed building in Bangladesh which killed nearly 400 people was home to several garment companies producing inexpensive clothing.  Play

41% of college grads overqualified for what they do

As the class of 2013 prepares to graduate, a survey finds that nearly half of classes of 2011 and 2012 are stuck in low-skill jobs.  More

Europe's joblessness at new peak, prices plunge

Slumping prices and record unemployment bolster the case for Europe to ease up on austerity and cut interest rates to inject life into its stagnant economy.  More

S&P 500 has best win streak since 2009

The S&P 500 closed at a record high, while the Nasdaq finished at its highest level in more than 12 years. Both indexes clocked in their sixth straight monthly gain in April.  More

Facebook needs to keep mobile momentum

To keep its stock momentum rising, Facebook needs to prove its mobile strategy is working.  More

Home price rise continues to pick up speed

S&P Case-Shiller home price index shows largest 12-month jump since the height of the 2006 bubble.  More

Ford joins rush of American companies to Myanmar

Ford announced Monday it will start selling its cars and trucks in Myanmar, becoming the first major automaker to open a showroom in the former pariah state.  More

Dr. Doom: Buy stocks while you still can

Economist Nouriel Roubini thinks there's a big crash and depression coming, but investors can ride this bubble higher for the next two years.  More

Alibaba takes stake in 'China's Twitter'

In a wedding of China's leading Internet darlings, online retailer Alibaba has taken a $586 million stake in the country's most popular micro-blogging service.  More

For the unemployed, no reprieve on budget cuts

Congress has selectively given a reprieve from budget cuts. But there's no indication that the unemployed, who will see their federally extended jobless benefits reduced, are on the list.  More

El Erian: Fed will struggle to unwind its giant trade

Pimco CEO Mohamed El-Erian is worried the Fed won't be able to end its bond buying program without 'collateral damage.'  More

Coming out could boost Jason Collins' endorsements

Back-up center for Washington Wizards is the first male team-sports athlete to come out while he's still playing could now get endorsement deals.  More

Video game studio pirates its own game

The makers of "Game Dev Tycoon" turned the tables on those downloading their game from notorious piracy site The Pirate Bay.  More

Lawsuit seeks to halt Empire State Building IPO

Some shareholders in the Empire State Building are in court this week seeking to block plans for a trust and subsequent IPO for the landmark building and other Manhattan properties.  More

EU bans some pesticides to save its bees

Europe is buzzing over a two-year ban on some pesticides that are linked to harming the bee population.  More

S&P 500 closes at record high

Technology stocks boosted market. Apple was among the top gainers in the S&P 500 and Nasdaq, which ended at the highest level since November 2000. HP, IBM and Microsoft were the biggest winners in the Dow.  More

Income, spending both up

March shows modest rise in both personal income and spending by consumers.  More

Health care spending growth hits record low

Obamacare is having some impact, but the weak economy is the biggest driver of America's slowing growth in health care spending.  More

Italian markets cheered by new government

Memories of Europe's debt crisis faded Monday as investors sent yields on Italian bonds to their lowest levels in over two years after a new government was appointed.  More

China cracks down on military use of luxury cars

China has banned the use of military license plates on expensive cars, according to official state media.  More

If not now, when will ECB cut rates?

Stuck in recession, with inflation rates tumbling and unemployment rising, the eurozone looks set to get its first cut in interest rates in 10 months this week.  More

World's 5 hottest stock markets

From Japan and the Philippines to the United Arab Emirates and Kuwait, these countries' stock markets have rallied more than 20% so far this year.  More

FAA furlough reprieve: 'No fair!'

Lawmakers' about-face on FAA furloughs will help travelers. But advocates for everyone else directly affected by spending cuts are miffed with the selective undoing of what were supposed to be across-the-board cuts.  More
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