China stocks rebound as data improves

Click chart for more markets data. HONG KONG (CNNMoney) But favorable economic reports and the prospect of market reform has drawn investors back in this month, driving the index into positive territory for the year and 16% above its early December...

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Assault rifles are selling out

Dennis Pratte, owner of My Gun Factory in Falls Church, Va., said the demand for semiautomatic rifles is outstripping supply. NEW YORK (CNNMoney) "Our phones are ringing every 10 seconds and people are saying, 'Do you have any assault rifles?'"...

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10 states to boost minimum wage

Workers in Rhode Island will see their paychecks grow the most -- by an average of $510 a year for the average worker, according to the National Employment Law Project. NEW YORK (CNNMoney) Workers in Rhode Island will see their paychecks grow...

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Manufacturing expansion accelerates in China

HONG KONG (CNNMoney) HSBC said its Chinese purchasing managers' index, or PMI, rose to a 19-month high of 51.5 in December from 50.5 last month. The reading was above 50, meaning that manufacturing is now in a state of accelerated expansion. A...

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What if there's no deal on fiscal cliff

Failure by Congress to avert the tax increases and spending cuts will cause continued uncertainty and headaches for consumers and businesses about paychecks, tax returns, investments and more. NEW YORK (CNNMoney) Practically speaking, they likely...

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Debt ceiling is the next fiscal cliff

Congress has about two months before it must act to raise the debt ceiling, but lawmakers are showing few signs they are ready to act on it soon. NEW YORK (CNNMoney) Congress will have to raise the debt ceiling soon, probably by late February or...

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Fiscal cliff could put your tax refund on hold

Tax refunds could be delayed. NEW YORK (CNNMoney) Congressional dithering over a fiscal cliff fix could force the Internal Revenue Service to delay the start of the filing season. So those expecting to file their returns in mid-January, when the...

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S&P says fiscal cliff impasse won't spark downgrade

President Obama and congressional leaders met Friday at the White House in the latest round of fiscal cliff negotiations. NEW YORK (CNNMoney) S&P made headlines in August of 2011 by knocking the U.S. down from AAA status to to AA+ following...

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Stocks brace for fiscal cliff reckoning

The deadline to avert a looming fiscal crisis is fast approaching. Investors are hoping for the best, but bracing for the worst. NEW YORK (CNNMoney) For weeks, many have worried that no resolution to the fiscal cliff would lead to the kind of brutal...

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Fiscal cliff could put your tax refund on hold

Tax refunds could be delayed. NEW YORK (CNNMoney) Congressional dithering over a fiscal cliff fix could force the Internal Revenue Service to delay the start of the filing season. So those expecting to file their returns in mid-January, when the...

15.30 | 0 komentar | Read More

S&P says fiscal cliff impasse won't spark downgrade

President Obama and congressional leaders met Friday at the White House in the latest round of fiscal cliff negotiations. NEW YORK (CNNMoney) S&P made headlines in August of 2011 by knocking the U.S. down from AAA status to to AA+ following...

15.30 | 0 komentar | Read More

Stocks brace for fiscal cliff reckoning

The deadline to avert a looming fiscal crisis is fast approaching. Investors are hoping for the best, but bracing for the worst. NEW YORK (CNNMoney) For weeks, many have worried that no resolution to the fiscal cliff would lead to the kind of brutal...

15.30 | 0 komentar | Read More

Snapchat's 'disappearing' videos don't actually vanish

Snapchat messages are designed to vanish seconds after they're opened, but a security probe revealed that some videos are being stored on recipients' iPhones. NEW YORK (CNNMoney) Snapchat's twist is a messaging trail that self-destructs. When a...

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Fiscal cliff could put your tax refund on hold

Tax refunds could be delayed. NEW YORK (CNNMoney) Congressional dithering over a fiscal cliff fix could force the Internal Revenue Service to delay the start of the filing season. So those expecting to file their returns in mid-January, when the...

17.42 | 0 komentar | Read More

S&P says fiscal cliff impasse won't spark downgrade

President Obama and congressional leaders met Friday at the White House in the latest round of fiscal cliff negotiations. NEW YORK (CNNMoney) S&P made headlines in August of 2011 by knocking the U.S. down from AAA status to to AA+ following...

17.42 | 0 komentar | Read More

Snapchat's 'disappearing' videos don't actually vanish

Snapchat messages are designed to vanish seconds after they're opened, but a security probe revealed that some videos are being stored on recipients' iPhones. NEW YORK (CNNMoney) Snapchat's twist is a messaging trail that self-destructs. When a...

15.30 | 0 komentar | Read More

Fiscal cliff could put your tax refund on hold

Tax refunds could be delayed. NEW YORK (CNNMoney) Congressional dithering over a fiscal cliff fix could force the Internal Revenue Service to delay the start of the filing season. So those expecting to file their returns in mid-January, when the...

15.30 | 0 komentar | Read More

S&P says fiscal cliff impasse won't spark downgrade

President Obama and congressional leaders met Friday at the White House in the latest round of fiscal cliff negotiations. NEW YORK (CNNMoney) S&P made headlines in August of 2011 by knocking the U.S. down from AAA status to to AA+ following...

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Forget the rich, fiscal cliff would hit everyone else too

NEW YORK (CNNMoney) "Going over the fiscal cliff will raise taxes on 90% of Americans," said Roberton Williams, a senior fellow at the Tax Policy Center. More than two-thirds of the poorest Americans, who make less than $20,000 a year, would have...

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Bank fines top $10 billion this year

UBS's fine for manipulating Libor capped a record year for bank fines. NEW YORK (CNNMoney) When UBS agreed earlier this month to pay U.S. authorities $1.2 billion for manipulating Libor, it capped a record year for bank fines. And the total includes...

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You need a touchscreen for Windows 8

At $500, Asus' VivoBook laptop is the cheapest touchscreen Windows 8 PC on the market. NEW YORK (CNNMoney) The ability to touch, tap, swipe and pinch on Windows 8 computers is what makes the new operating system come to life. You can still use...

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New-home sales strongest in more than 2 years

New home sales in November rose to their highest level since 2010. NEW YORK (CNNMoney) The Census Bureau reported Thursday that sales of new homes rose to an annual rate of 377,000 in the month, up 4.4% from October, and up 15% from year-earlier...

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Shares in Spain's Bankia plunge as bailout looms

A rescue recapitalisation backed by EU funds will dilute small shareholders LONDON (CNNMoney) The European Commission agreed last month to inject nearly 37 billion euros from the eurozone's bailout fund into Bankia and three more Spanish banks,...

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Dinosaur smuggler faces 17 years in prison

The U.S. attorneys office said that skeletons of Tyrannosaurus bataar dinosaurs were looted from Mongolia as part of a smuggling scheme. NEW YORK (CNNMoney) Florida native Erik Prokopi illegally bought and sold whole and partial dinosaur skeletons...

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Stocks becalmed on fiscal cliff standoff

Stocks faltered Wednesday as investors wait for a fiscal cliff deal NEW YORK (CNNMoney) With just days left, President Obama and Congress have yet to agree to a plan that would avert tax hikes and spending cuts from kicking in automatically on...

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The rich will pay more taxes next year - no matter what

Taxes are going up on the rich in 2013 to pay for Obama's health care law no matter what Congress does. NEW YORK (CNNMoney) The new levies will help foot the bill for the program to expand health care coverage for the uninsured, which involves...

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