Financial News of the Week
Breaking business, economic and personal finance news, including reports on oil prices, stocks, technology, retirement, small business and more.
CNNMoney.com
7:59pm: In a parallel to last week's gathering with megabank CEOs, Obama hosts a White House call to arms for regional lenders. ( more)
4:18pm: Court upholds ruling that software giant violated a patent in Word 2007 that was held by Toronto-based company i4i. ( more)
3:01pm: Some warn that the decades-long shift to bigger banks doesn't come without a price. ( more)
2:57pm: The troubled insurer no longer plans to put its property-casualty business into an IPO, which it had planned to use to pay back taxpayers. ( more)
2:38pm: Gold trades below $1,100 an ounce for second straight day, as dollar and stocks regain strength. ( more)
2:35pm: As Senators are locked in closed-door negotiations on regulatory reform, the bill they work out could be pretty different from what the White House originally proposed. ( more)
2:24pm: Yield curve hits a record as investors grow optimistic and invest in higher-yielding assets. ( more)
1:49pm: Americans are slightly more optimistic than last year with 58% expecting the economy to be in good shape a year from now, a new national poll shows. ( more)
1:19pm: The dollar is up against major currencies after existing home sales rose to the highest level since February 2007. ( more)
12:18pm: As the population grows older, America is going to need more nurses. But the schools are already packed. ( more)
11:21am: Oil rises with the dollar after the government released its final revision of third-quarter GDP and OPEC left production targets unchanged. ( more)
10:34am: First-time homebuyer tax credit drives 7.4% increase in existing home sales. ( more)
9:40am: Major indexes rise as an upbeat housing report provides some momentum in an otherwise quiet trading day. ( more)
8:46am: Final measure of third quarter growth shows that consumers are buying less than previous estimated. Result: Slower overall growth of 2.2%. ( more)
8:27am: Erratic weather drove prices of the popular beverage to record highs in 2009. ( more)
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