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
10:13am: Federal Housing Administration's reserve fund drops below 2% ratio required by Congress. Calls increase for revamping lending guidelines. ( more)
10:02am: The President announces White House will convene a meeting of business leaders, economists and labor representatives to brainstorm about job creation. ( more)
9:55am: Rival chipmakers reach a five-year agreement in which both companies share patent licenses, AMD drops its legal cases against Intel, and Intel pays a fine to AMD. ( more)
9:39am: Market extends gains after six-day rally, as Wal-Mart unveils earnings and government reports lower jobless claims. ( more)
9:10am: A report from the battlefield in the war on climate change. ( more)
8:42am: The government says first-time claims for unemployment benefits fell more than expected last week to 502,000. ( more)
7:55am: The government holds the world's largest gold reserve, but even with gold prices at a record high, the Treasury is unlikely to sell. ( more)
7:35am: States still suffering severe economic woes. Drastic steps expected in wake of $51 billion budget shortfalls. ( more)
7:32am: The precious metal jumps to another record overnight, but the rally fades as the U.S. dollar regains some ground. ( more)
7:22am: World's largest seller reports better-than-expected profits but suffers a drop in store sales as Americans continue to spend very cautiously. ( more)
6:05am: President Obama's plan would give community banks access to low-cost capital for small business loans, but banks are wary of taking TARP funds. ( more)
5:19am: There is no one-size-fits-all retirement portfolio. Use this strategy to come up with the best possible investment mix for your 401(k). ( more)
5:16am: Investors poised to retreat after Dow hits another 13-month high. Wal-Mart unveils earnings. Government reports jobless claims. ( more)
4:53am: The government says nuclear power is safe, but others say an airplane hit or frontal assault would be big trouble. ( more)
4:03am: Despite signs of recovery, some economists argue it's time for Congress to approve another round of stimulus. Others think $787 billion is plenty. ( more)
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