This stock is the big winner as oil rebounds

The company's shares are the hottest thing in the stock market this week -- besides Netflix (NFLX, Tech30), of course. Don't know much about Transocean (RIG)? It's a huge offshore drilling company that you may have heard before because it owned...

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Stocks: Six things to know before the open

U.S. stocks fell Thursday. But fear not, CNNMoney brings you the six things you need to know before the opening bell rings in New York: 1. Bloomberg outage: Bloomberg terminals around the world were down this morning. A member of Bloomberg's...

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Bloomberg screens go dark worldwide

The global outage began just as the London trading day was beginning, and forced the postponement of an auction of U.K. government debt. A member of Bloomberg's technical support team told CNNMoney the company did not yet know what had caused...

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Japan now holds more U.S. debt than China

Data from the Treasury Department released Wednesday show that Japan owned $1.2244 trillion worth of U.S. government securities at the end of February, compared to $1.2237 trillion for China. Both countries unloaded U.S. debt during the month of January,...

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Stocks: 5 things to know before the open

U.S. stock futures were flat in early trading while international markets were mixed. Here are five things you need to know before the opening bell rings in New York: Related: Fear & Greed Index 1. Earnings and market movers: It's a big...

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Is Britain booming, or barely coping?

With the U.K. election just weeks away, the government is boasting about the recovery. But listen to the opposition and you would think people are barely coping. What do the facts say? GDP is growing, employment is at a record high, and consumers...

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GM shielded from ignition lawsuits by bankruptcy rule

The decision by Federal Bankruptcy Court Judge Robert Gerber upholds GM's so-called bankruptcy shield. GM acquired the shield as part of its bankruptcy reorganization when a new company was created in 2009, referred to in court as "New GM." "Judge...

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Bubble trouble: China's stock market looks too hot

Chinese equities are officially on fire. The Shanghai Composite has skyrocketed 78% since just before Halloween. It recently crested the 4,000 level for the first time since the financial crisis. Yet stocks in China have achieved red-hot status...

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Japan now holds more U.S. debt than China

Data from the Treasury Department released Wednesday show that Japan owned $1.2244 trillion worth of U.S. government securities at the end of February, compared to $1.2237 trillion for China. Both countries unloaded U.S. debt during the month of January,...

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Stocks: 5 things to know before the open

U.S. stock futures are edging higher, with the S&P and Dow futures both up about 0.1%. Here are five things you need to know before the opening bell rings in New York: Related: Fear & Greed Index 1. China slows: The world's second largest...

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Guess where the hottest housing markets are?

Homes in San Francisco are selling fast: 26% are still for sale after 60 days. Of the top 10 fastest-moving housing markets, 8 are located in California, with San Francisco, San Jose and Oakland taking the top three spots, according to a report...

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U.S. runs out of investor visas again as Chinese flood program

The State Department has announced that starting in May, no more spots will be available to Chinese for the rest of the U.S. government's fiscal year, which ends Sept. 30. Known as EB-5, the immigration program hands out green cards to foreigners...

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Is this Chinese drone maker worth $10 billion?

SZ DJI Technology Co., better known as DJI, is looking to raise money from investors at a $10 billion valuation, according to media reports. A company spokesman confirmed to CNN that DJI is talking to venture capital firms, but declined to comment further....

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Nokia is buying Alcatel-Lucent for $16.6 billion

The all-stock deal values the French firm at €15.6 billion ($16.6 billion). The combined company will be called Nokia Corporation, with headquarters in Finland. Alcatel (ALALF) shareholders will be paid 0.55 Nokia (NOK) shares per Alcatel share,...

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Guess where the hottest housing markets are?

Homes in San Francisco are selling fast: 26% are still for sale after 60 days. Of the top 10 fastest-moving housing markets, 8 are located in California, with San Francisco, San Jose and Oakland taking the top three spots, according to a report...

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Wall Street is a miserable place to work

That's how most workers describe life on Wall Street these days, according to a survey of about 100 financial professionals by Options Group, a New York executive search firm. Survey participants were asked about their satisfaction with their...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. Here are the four things you need to know before the opening bell rings in New York: 1. Earnings: JPMorgan Chase (JPM), Wells Fargo (WFC), and Johnson & Johnson (JNJ) are all reporting quarterly results...

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Nokia closing in on deal to buy Alcatel-Lucent

Nokia has been struck with M&A fever. It's trying to buy smaller rival Alcatel-Lucent. Finnish telecommunications firm Nokia is trying to buy French competitor Alcatel-Lucent. The companies confirmed Tuesday that they are in "advanced discussions"...

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Will.i.am is selling sheets made from old Coke bottles

Will.i.am is partnering with Coke and W Hotels on a line of bed sheets partially made from old plastic bottles. It's not that he's fallen on hard times in the music biz, it's more that he's into recycling. So the Black Eyed Peas frontman has partnered...

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Hillary channels Elizabeth Warren in campaign bid

In her video campaign announcement Sunday, Hillary Clinton unveiled what's expected to be the central theme of her presidential bid: Serving as a champion for "Everyday Americans." "Americans have fought their way back from tough economic times, but...

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This Indian city has the world's worst air

In 2014, the World Health Organization measured air quality levels in 1,600 cities around the world, and the Indian capital city of New Delhi was found to have the highest concentration of particulate matter smaller than 2.5 micrometers, also called...

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Stocks: 4 things to know before the open

Click chart for in-depth premarket data. Let's get started. Here are the four things you need to know before the opening bell rings in New York: 1. Stock market movers -- Qualcomm, Volkswagen: Shares in Qualcomm (QCOM, Tech30) are rising by...

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China is poised to report worst growth since the financial crisis

Gross domestic product is forecast to have expanded by 7.0% in the first quarter of 2015, compared to the same period last year, according to the survey's median estimate. That's quite a drop from the final quarter of 2014, when economic growth...

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Sprint now makes house calls to upgrade your cell phone

Sprint makes house call for customer upgrading to a new cell phone. The new program, called Direct 2 You, launched in Kansas City, Missouri, Monday. Sprint (S) plans to provide the service in the 30 largest U.S. cities by the end of September,...

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The 'Hillary beat': Who's covering Clinton

The New York Times was particularly early out of the gate. The paper shifted reporter Amy Chozick to its politics team to cover Clinton in the summer of 2013 -- 649 days before Clinton's announcement on Sunday. By the end of that year, BuzzFeed put...

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Donald Trump: I don't want T-Mobile in my hotels

The Donald and the CEO of T-Mobile (TMUS) became embroiled in an epic Twitter battle this weekend, in which Trump said he wanted T-Mobile out of his establishments. "T-Mobile service is terrible! Why can't you do something to improve it for your...

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China is poised to report worst growth since the financial crisis

Gross domestic product is forecast to have expanded by 7.0% in the first quarter of 2015, compared to the same period last year, according to the survey's median estimate. That's quite a drop from the final quarter of 2014, when economic growth...

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The Obamas paid $93,362 in federal income taxes

President Obama and First Lady Michelle Obama reported about the same amount of income in 2014 as they did in 2013. President Obama and First Lady Michelle Obama reported $495,964 in gross income last year, according to their 2014 tax returns released...

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Hillary Clinton's economic plans need an overhaul

Clinton is expected to begin her presidential campaign this weekend, yet she's stayed mum on the economy -- something she hammered on during the 2008 campaign. "She's a blank check at this point," says Dean Baker, co-director for the Center for...

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HBO still hasn't heard from Scientology lawyers for 'Going Clear'

"Facts are stubborn things," HBO CEO Richard Plepler said in an interview with CNNMoney this week. "Everybody's entitled to their own opinion, but they're not entitled to their own facts," he added. "I think the documentary bears up very well to any...

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Hillary Clinton's economic plans need an overhaul

Clinton is expected to begin her presidential campaign this weekend, yet she's stayed mum on the economy -- something she hammered on during the 2008 campaign. "She's a blank check at this point," says Dean Baker, co-director for the Center for...

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