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. It's all about Japan: The Bank of Japan has shocked global markets by boosting its aggressive...

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Bank of Japan stuns market with even more stimulus

HONG KONG (CNNMoney) In a surprise announcement, the central bank said Friday that it will increase its purchases of longer-term debt, building on a stimulus plan first announced a year and a half ago. The bank will now make asset purchases at...

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Can anything save Sony?

TOKYO (CNNMoney) Major rating agencies Fitch and Moody's have downgraded the company to "junk" status. Standard & Poor's has warned it could soon do the same. The company has announced plans to scale back its smartphone business. On Friday,...

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Baby Boomers say they aren't moving out of their homes

NEW YORK (CNNMoney) In a survey of 4,000 Baby Boomer households conducted by the non-profit Demand Institute, 63% of Boomers plan to stay in their current home once they retire. Much of that has to do with the recession. The financial crisis...

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Bank of Japan stuns market with even more stimulus

HONG KONG (CNNMoney) In a surprise announcement, the central bank said Friday that it will increase its purchases of longer-term debt, building on a stimulus plan first announced a year and a half ago. The bank will now make asset purchases at...

15.30 | 0 komentar | Read More

Can anything save Sony?

TOKYO (CNNMoney) Major rating agencies Fitch and Moody's have downgraded the company to "junk" status. Standard & Poor's has warned it could soon do the same. The company has announced plans to scale back its smartphone business. On Friday,...

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Samsung profit plunges 60% amid smartphone troubles

HONG KONG (CNNMoney) The South Korea-based firm posted operating profit of 4.1 trillion won ($3.9 billion) for the third quarter -- a 60% decline from the previous year. Third quarter sales were also lower than the previous year, falling nearly...

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Ballmer: Clippers' opener is a 'product launch'

Laguna Beach, Calif. (CNNMoney) Steve Ballmer, the former CEO of Microsoft, (MSFT, Tech30) is finding that owning a basketball team isn't so different from running a tech company. Ballmer bought the Los Angeles Clippers in August for a record $2...

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Stocks: 4 things to know before the open

LONDON (CNNMoney) Here are the four things you need to know before the opening bell rings in New York: 1. Get ready for GDP: At 8:30 a.m. ET, the U.S. Bureau of Economic Analysis will release its first official reading of gross domestic product...

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Regulator calls out student loan industry

Graduates cheer during the Bowie State University graduation ceremony in May 2013. NEW YORK (CNNMoney) The report, which doesn't name any individual companies that collect on the $1.2 trillion in student debt, was compiled between March and June...

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Samsung profit plunges 60% amid smartphone troubles

HONG KONG (CNNMoney) The South Korea-based firm posted operating profit of 4.1 trillion won ($3.9 billion) for the third quarter -- a 60% decline from the previous year. Third quarter sales were also lower than the previous year, falling nearly...

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Ballmer: Clippers' opener is a 'product launch'

Laguna Beach, Calif. (CNNMoney) Steve Ballmer, the former CEO of Microsoft, (MSFT, Tech30) is finding that owning a basketball team isn't so different from running a tech company. Ballmer bought the Los Angeles Clippers in August for a record $2...

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Peter Thiel: We live in an anti-tech world

Laguna Beach, Calif. (CNNMoney) That's the message from Peter Thiel, the enigmatic entrepreneur who's now targeting Hollywood for what he describes as an industry-wide negative portrayal of technology. "Most people don't like science, they don't...

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Stocks: 6 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Here are the six things you need to know before the opening bell rings in New York: 1. The end of stimulus: The Fed is expected to announce the conclusion of its massive stimulus program...

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Millionaire tax on the ballot in Illinois

Illinois Gov. Pat Quinn, a Democrat, is running for re-election and backs a non-binding ballot measure that would impose a millionaire tax to help support schools. NEW YORK (CNNMoney) Prairie State voters next Tuesday will be asked whether they...

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Apple VP: When we make mistakes, we fix them quickly

Apple VP says company quickly fixed iOS bug. NEW YORK (CNNMoney) When the company released iOS 8.1 last week, there was a bug in the iPhone and iPad operating system that disabled cellular service for as many as 50,000 users. Apple moved fast...

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Facebook spending spree irks investors

A big logo created from pictures of Facebook users worldwide is pictured at a company data center in Sweden. NEW YORK (CNNMoney) That message came loud and clear Tuesday afternoon, as Facebook (FB, Tech30) shares sank nearly 10% in after-hours...

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Peter Thiel: We live in an anti-tech world

Laguna Beach, Calif. (CNNMoney) That's the message from Peter Thiel, the enigmatic entrepreneur who's now targeting Hollywood for what he describes as an industry-wide negative portrayal of technology. "Most people don't like science, they don't...

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Tim Cook: Apple Pay signup is 'fantastic'

Laguna Beach, Calif. (CNNMoney) More than 1 million credit cards were activated to work with Apple Pay in the 72 hours following its debut, and the service is already the industry leader in contactless payments, Tim Cook said Monday during an interview...

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Jack Ma: I don't shop online

Laguna Beach, Calif. (CNNMoney) "I don't shop online, but my wife buys everything at home," Ma said during an interview at a Wall Street Journal tech conference in Laguna Beach, Calif. on Monday. "We buy sea crabs, fresh crabs, all kinds of things."...

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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. Twitter trouble: Shares in Twitter (TWTR, Tech30) are taking a nose-dive -- down by about 11%...

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Madison Square Garden to explore split

HONG KONG (CNNMoney) The sports and media operation would include the NBA's New York Knicks and the NHL's New York Rangers, as well as the MSG television network. The second firm would include MSG's booking, production and venue management operations....

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Jack Ma: I don't shop online

Laguna Beach, Calif. (CNNMoney) "I don't shop online, but my wife buys everything at home," Ma said during an interview at a Wall Street Journal tech conference in Laguna Beach, Calif. on Monday. "We buy sea crabs, fresh crabs, all kinds of things."...

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Tim Cook: Apple Pay signup is 'fantastic'

Laguna Beach, Calif. (CNNMoney) More than 1 million people signed up for Apple Pay in its first 72 hours, and the service is already the industry leader in contactless payments, Tim Cook said Monday during an interview at a Wall Street Journal tech...

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Ferrari's invitation-only supercar

LONDON (CNNMoney) The Ferrari Sergio, produced in partnership with Italian design firm Pininfarina, is a car that's so limited and unique you have to be invited by Ferrari to buy it. The automaker is creating only six Sergios and they're estimated...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. LONDON (CNNMoney) Here are the four things you need to know before the opening bell rings in New York: 1. Banking bonanza: Investors are expressing their dismay after the European Central Bank revealed...

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Paying thousands before health insurance even kicks in

NEW YORK (CNNMoney) That's because more employers are offering consumer-directed health plans, which usually come with high deductibles. In 2015, 81% of large employers will offer at least one of these plans, up from 63% five years earlier. Consumer-directed...

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Elon Musk warns against unleashing artificial intelligence 'demon'

NEW YORK (CNNMoney) Musk, who promises to take humans to new heights with space and battery technologies, was especially grounded in his latest caution on artificial intelligence. He told an audience at MIT on Friday that "we should be very careful...

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'Collabition.' 'Decisioning': The worst corporate jargon around

NEW YORK (CNNMoney) For instance, when you're asked to "strategerize a greenfielded, collaborative solution that considers the equities of all stakeholders" you may think you should do something eco-friendly. But you'd be wrong. According to...

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Howard Lutnick donates $25 million to college

NEW YORK (CNNMoney) Howard Lutnick's philanthropic efforts -- especially since the September 11 attack that claimed hundreds of his New York employees -- got $25 million deeper this weekend. The gift is his largest to Haverford College. Lutnick's...

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NYC tabloids keep a straight face on Ebola

NEW YORK (CNNMoney) In the hours before Spencer was diagnosed he had gone bowling, rode the A train and stopped by a meatball shop. But there was not a single pun to be found on New York City newsstands Friday morning. No hysteria and no sensationalism....

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The Ebola stocks: Effect of an outbreak

NEW YORK (CNNMoney) Some people have considered canceling visits to big theme parks and have aired worries about whether airports and public areas are safe zones. It's no wonder that investors are assessing Ebola's impact on the economy. Stocks...

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The best time to book your holiday flight is...

NEW YORK (CNNMoney) A new survey shows the lowest prices for domestic airfares are found eight weeks before the departure date, around 19% below the average fare of $496, according to the Airlines Reporting Corporation, a travel industry research...

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The Ebola stocks: Effect of an outbreak

NEW YORK (CNNMoney) Some people have considered canceling visits to big theme parks and have aired worries about whether airports and public areas are safe zones. It's no wonder that investors are assessing Ebola's impact on the economy. Stocks...

15.30 | 0 komentar | Read More

NYC tabloids keep a straight face on Ebola

NEW YORK (CNNMoney) In the hours before Spencer was diagnosed he had gone bowling, rode the A train and stopped by a meatball shop. But there was not a single pun to be found on New York City newsstands Friday morning. No hysteria and no sensationalism....

15.30 | 0 komentar | Read More

The best time to book your holiday flight is...

NEW YORK (CNNMoney) A new survey shows the lowest prices for domestic airfares are found eight weeks before the departure date, around 19% below the average fare of $496, according to the Airlines Reporting Corporation, a travel industry research...

15.30 | 0 komentar | Read More

The Ebola stocks: Effect of an outbreak

NEW YORK (CNNMoney) Some people have considered canceling visits to big theme parks and have aired worries about whether airports and public areas are safe zones. It's no wonder that investors are assessing Ebola's impact on the economy. Stocks...

17.42 | 0 komentar | Read More