Stocks: 4 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Here are four things you need to know before the opening bell rings in New York: 1. No jump in July: U.S. stock futures were all declining ahead of the open, threatening to erase much...

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Grieving parents drowning in $200,000 student loan debt receive relief

Lisa Mason (left) passed away 5 years ago, and her parents got hit with her six-figure student loan debt. NEW YORK (CNNMoney) After a CNNMoney story about the family's situation ran Tuesday, hundreds of readers reached out to offer words of encouragement...

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Another food scandal? KFC just cannot win

HONG KONG (CNNMoney) Parent company Yum! Brands (YUM) warned Thursday that global profits could suffer this year as sales in China tumble following revelations that one of its suppliers was using tainted and expired meat. Yum immediately cut ties...

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Kim Kardashian's game makes $700,000 a day

Hitting the hottest clubs with the virtual Kim Kardashian will make you a Hollywood A-lister in no time. NEW YORK (CNNMoney) "Kim Kardashian: Hollywood" from Glu Mobil lets you create an avatar that can work to achieve virtual A-list status....

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BofA hit with $1.3 billion mortgage penalty

NEW YORK (CNNMoney) Bank of America (BAC) has been ordered to pay a nearly $1.3 billion penalty for mortgage fraud committed by Countrywide. The fraud happened years before BofA bought the struggling lender amid the financial crisis, saving it from...

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Grieving parents drowning in $200,000 student loan debt receive relief

Lisa Mason (left) passed away 5 years ago, and her parents got hit with her six-figure student loan debt. NEW YORK (CNNMoney) After a CNNMoney story about the family's situation ran Tuesday, hundreds of readers reached out to offer words of encouragement...

15.30 | 0 komentar | Read More

Chevy Volt is insurance group's Top Safety Pick

NEW YORK (CNNMoney) That's why General Motors' (GM) Chevy Volt won top marks for safety in small cars. The Volt was named "Top Safety Pick Plus" Wednesday by the Insurance Institute for Highway Safety, because besides earning an "acceptable"...

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Meat scandal takes a bite out of McDonald's sales in Japan

HONG KONG (CNNMoney) The fast food chain's Japanese unit said Tuesday that it will fall short of profit and sales targets for the year, after a longtime meat supplier was shut down last week by authorities for unsanitary practices. As meat from...

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Stocks: 5 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Wall Street is waiting on key economic data releases Wednesday and the numbers could have a major impact on trading trends. U.S. stock futures were making modest moves higher ahead...

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McDonald's may be liable for worker lawsuits

A government ruling could make McDonald's liable for labor lawsuits. NEW YORK (CNNMoney) The National Labor Relations Board's top lawyer on Tuesday determined that McDonald's (MCD) is a "joint employer," along with thousands of independent franchise...

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Chevy Volt is insurance group's Top Safety Pick

NEW YORK (CNNMoney) That's why General Motors' (GM) Chevy Volt won top marks for safety in small cars. The Volt was named "Top Safety Pick Plus" Wednesday by the Insurance Institute for Highway Safety, because besides earning an "acceptable"...

15.30 | 0 komentar | Read More

Meat scandal takes a bite out of McDonald's sales in Japan

HONG KONG (CNNMoney) The fast food chain's Japanese unit said Tuesday that it will fall short of profit and sales targets for the year, after a longtime meat supplier was shut down last week by authorities for unsanitary practices. As meat from...

15.30 | 0 komentar | Read More

Grieving parents hit with $200,000 in student loans

Steve Mason and his wife Darnelle not only took in their daughter's three children when she passed away, they also inherited her $100,000 student loan bill. NEW YORK (CNNMoney) He and his wife Darnelle immediately took in Lisa's three children...

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1 in 3 U.S. adults have 'debt in collections'

NEW YORK (CNNMoney) An estimated 1 in 3 adults with a credit history -- or 77 million people -- are so far behind on some of their debt payments that their account has been put "in collections." That's a key finding from a new Urban Institute...

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Stocks: 5 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Here are the five things you need to know before the opening bell rings in New York: 1. U.S. earnings: Major companies including UPS (UPS), Reynolds American (RAI) and Pfizer (PFE)...

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Herbalife stock tumbles on earnings miss

NEW YORK (CNNMoney) The controversial maker of diet shakes and supplements said it earned $1.55 per share in the second quarter, short of analysts' expectations of $1.57 per share. Herbalife also lowered its earnings targets for the rest of the year....

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Grieving parents hit with $200,000 in student loans

Steve Mason and his wife Darnelle not only took in their daughter's three children when she passed away, they also inherited her $100,000 student loan bill. NEW YORK (CNNMoney) He and his wife Darnelle immediately took in Lisa's three children...

15.30 | 0 komentar | Read More

1 in 3 U.S. adults have 'debt in collections'

NEW YORK (CNNMoney) An estimated 1 in 3 adults with a credit history -- or 77 million people -- are so far behind on some of their debt payments that their account has been put "in collections." That's a key finding from a new Urban Institute...

15.30 | 0 komentar | Read More

China will soon be the world's top business travel market

Per capita business travel spending in China still under $200 -- far less than the $800 U.S. average. HONG KONG (CNNMoney) Business travel spending in China hit $225 billion last year -- or 23% of the $1.1 trillion global total. That's second...

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Big Mac shortage in China as scandal-ridden supplier issues recall

HONG KONG (CNNMoney) At one Beijing location, no burgers or chicken items of any kind were available. Instead, staffers were reduced to offering only pies, hash browns, fries, drinks and ice cream. "Some restaurants across [China] might be out...

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Stocks: 4 things to know before the open

HONG KONG (CNNMoney) Here are the four things you need to know before the opening bell rings in New York: U.S. stock futures were slightly lower. 1. Monday earnings: Tyson Foods (TSN) will post earnings before the opening bell and Herbalife...

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Big Mac shortage in China as scandal-ridden supplier issues recall

HONG KONG (CNNMoney) At one Beijing location, no burgers or chicken items of any kind were available. Instead, staffers were reduced to offering only pies, hash browns, fries, drinks and ice cream. "Some restaurants across [China] might be out...

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There's no place like the economy

NEW YORK (CNNMoney) The curtain is about to be pulled back to reveal some key economic data. Here's what you need to know. It's the economy, stupid: Investors will have to wait until Friday for the main event of the week: the all-important July...

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China will soon be the world's top business travel market

Per capita business travel spending in China still under $200 -- far less than the $800 U.S. average. HONG KONG (CNNMoney) Business travel spending in China hit $225 billion last year -- or 23% of the $1.1 trillion global total. That's second...

15.30 | 0 komentar | Read More

Would-be giant in online house hunting has brokers scared

NEW YORK (CNNMoney) The rumored deal -- the companies won't confirm it -- sent the companies' stocks soaring Friday as the chatter gathered steam. The companies don't charge for publishing these listings of homes for sale, but they do charge...

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Math nerds are taking over Wall Street

Quant trader Elie Galam at the Panorama Partners' New York City office. He is not a Wolf of Wall Street. NEW YORK (CNNMoney) But guess what? They are rapidly being replaced by "quants" -- soft-spoken super nerds armed with high-tech software...

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BuzzFeed fires viral politics editor for plagiarizing

NEW YORK (CNNMoney) BuzzFeed editor in chief Ben Smith said he and his colleagues had identified "41 instances of sentences or phrases copied, word for word, from other sites, many of them inappropriate sources in the first place," during a review...

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Math nerds are taking over Wall Street

Quant trader Elie Galam at the Panorama Partners' New York City office. He is not a Wolf of Wall Street. NEW YORK (CNNMoney) But guess what? They are rapidly being replaced by "quants" -- soft-spoken super nerds armed with high-tech software...

15.30 | 0 komentar | Read More

Would-be giant in online house hunting has brokers scared

NEW YORK (CNNMoney) The rumored deal -- the companies won't confirm it -- sent the companies' stocks soaring Friday as the chatter gathered steam. The companies don't charge for publishing these listings of homes for sale, but they do charge...

15.30 | 0 komentar | Read More

BuzzFeed fires viral politics editor for plagiarizing

NEW YORK (CNNMoney) BuzzFeed editor in chief Ben Smith said he and his colleagues had identified "41 instances of sentences or phrases copied, word for word, from other sites, many of them inappropriate sources in the first place," during a review...

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Mary Poppins won't work for minimum wage

NEW YORK (CNNMoney) But in a parody from Funny or Die, the Disney character (played by Kristin Bell) is quitting her job because that's all the Banks family will pay her. She struggles to make ends meet while making $7.25, the federal minimum...

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Lyft gets the green light in New York City

Rideshare app Lyft, known for the pink mustaches on car grills, will launch in New York on Friday NEW YORK (CNNMoney) After two weeks of sparring with New York City taxi regulators, rideshare app Lyft can start serving the five boroughs -- provided...

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Would-be giant in online house hunting has brokers scared

NEW YORK (CNNMoney) The rumored deal -- the companies won't confirm it -- sent the companies' stocks soaring Friday as the chatter gathered steam. The companies don't charge for publishing these listings of homes for sale, but they do charge...

17.42 | 0 komentar | Read More