January was a terrible month for stocks

Stocks have been having a pretty bad 2015 so far. NEW YORK (CNNMoney) The Dow shed 3.7%, the S&P 500 has lost 3.1%, and the Nasdaq is over 2.1% lower. Talk about a bad start to the year. A quick glance at the chart below shows what a whiplash...

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Super Bowl tickets are most expensive ever

NEW YORK (CNNMoney) The average ticket price so far is $3,554 -- about $1,000 more than last year, according to SeatGeek, which tracks online sales. SeatGeek analyst Connor Gregoire said he does not expect the price for the few remaining tickets...

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Seahawks' Paul Allen is the NFL's richest team owner

NEW YORK (CNNMoney) The Seattle Seahawks owner Paul Allen is by far the richest in the league. The Microsoft (MSFT, Tech30) co-founder is worth about $17 billion, according to various estimates. The Seahawks head to the Super Bowl for the second...

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Seahawks' Paul Allen is the NFL's richest team owner

NEW YORK (CNNMoney) The Seattle Seahawks owner Paul Allen is by far the richest in the league. The Microsoft (MSFT, Tech30) co-founder is worth about $17 billion, according to various estimates. The Seahawks head to the Super Bowl for the second...

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January was a terrible month for stocks

Stocks have been having a pretty bad 2015 so far. NEW YORK (CNNMoney) The Dow shed 3.7%, the S&P 500 has lost 3.1%, and the Nasdaq is over 2.1% lower. Talk about a bad start to the year. A quick glance at the chart below shows what a whiplash...

15.30 | 0 komentar | Read More

Super Bowl tickets are most expensive ever

NEW YORK (CNNMoney) The average ticket price so far is $3,554 -- about $1,000 more than last year, according to SeatGeek, which tracks online sales. SeatGeek analyst Connor Gregoire said he does not expect the price for the few remaining tickets...

15.30 | 0 komentar | Read More

Uber sued in U.S. over alleged India rape

HONG KONG (CNNMoney) The lawsuit, filed in San Francisco on Thursday, claims that Uber did not adequately screen its drivers, or implement other basic safety measures that would have kept the plaintiff safe. "Opening the Uber app and setting the...

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Shake Shack set to shake up Wall Street

NEW YORK (CNNMoney) The upscale burger joint priced its initial public offering at $21 a share Thursday evening. That's above the price range Shake Shack set earlier this week, which it had already raised due to strong demand. At $21 a share,...

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Stocks: 4 things to know before the open

Click on chart for more premarket data. HONG KONG (CNNMoney) Here are the 4 things you need to know before the opening bell rings in New York: 1. Even more earnings: Chevron (CVX), MasterCard (MA) and Mattel (MAT) will report earnings before...

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The Bible proves to be a big seller for Newsweek

Newsweek's much-discussed Bible issue was its best seller of 2014. NEW YORK (CNNMoney) The magazine's provocative cover story this week -- "What Silicon Valley Thinks of Women" -- has prompted an avalanche of online criticism. Sound familiar?...

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Shake Shack set to shake up Wall Street

NEW YORK (CNNMoney) The upscale burger joint priced its initial public offering at $21 a share Thursday evening. That's above the price range Shake Shack set earlier this week, which it had already raised due to strong demand. At $21 a share,...

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Uber sued in U.S. over alleged India rape

HONG KONG (CNNMoney) The lawsuit, filed in San Francisco on Thursday, claims that Uber did not adequately screen its drivers, or implement other basic safety measures that would have kept the plaintiff safe. "Opening the Uber app and setting the...

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Average 401(k) balance hits record $91,300

NEW YORK (CNNMoney) At Fidelity, the average 401(k) balance hit $91,300 by the end of 2014. While that's up just 2% from 2013, it's a jump of more than 30% from 2011's average balance of $69,100, Fidelity reported. The increase was due in part...

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Samsung needs to reinvent itself (again)

HONG KONG (CNNMoney) The fourth quarter results are troubling, but not unexpected. Samsung's profits have now declined for three consecutive quarters, a trend that has prompted some real soul searching at the South Korean electronics giant. There...

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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. Expecting earnings: Alibaba (BABA, Tech30), Ford (F), Coach (COH) and Time Warner Cable (TWC)...

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Samsung needs to reinvent itself (again)

HONG KONG (CNNMoney) The fourth quarter results are troubling, but not unexpected. Samsung's profits have now declined for three consecutive quarters, a trend that has prompted some real soul searching at the South Korean electronics giant. There...

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Zuckerberg has his Tim Cook moment

NEW YORK (CNNMoney) On a conference call with Wall Street analysts on Wednesday, Zuckerberg shot back against a question related to Facebook's efforts in poor, unconnected countries. The analyst asked why Internet.org and other Facebook initiatives...

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Average 401(k) balance hits record $91,300

NEW YORK (CNNMoney) At Fidelity, the average 401(k) balance hit $91,300 by the end of 2014. While that's up just 2% from 2013, it's a jump of more than 30% from 2011's average balance of $69,100, Fidelity reported. The increase was due in part...

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Diamonds are getting cheaper. Time to buy?

LONDON (CNNMoney) This week, two British companies that mine for diamonds said prices for rough stones had fallen and will keep sliding. One of them, Petra Diamonds, noted that prices of rough diamonds dropped by around 9% in the last half of 2014....

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China issues scathing report on Alibaba

Alibaba co-founder Jack Ma has called counterfeits a "cancer." HONG KONG (CNNMoney) The Chinese government has released a report that accuses e-commerce giant Alibaba of turning a blind eye to illegal activity, and failing to police its online...

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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. Big tech gets a boost: Shares in Apple (AAPL, Tech30) are expected to jump at the open after...

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China crackdown makes it harder to get around the Great Firewall

China is boosting internet censorship to keep people from accessing sites like Google. HONG KONG (CNNMoney) The action, confirmed by state media, has affected VPN providers including Astrill, Strong VPN and Golden Frog, which have all reported...

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Did Fox and NBC get Bowe Bergdahl story wrong?

WASHINGTON (CNNMoney) Because of an inflammatory Fox News segment and an anonymously-sourced NBC News story that sent reporters scrambling for information. The Fox and NBC stories prompted strong denials from Pentagon officials. "The reporting...

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China vows to end gold medal obsession

HONG KONG (CNNMoney) Beijing will no longer reward provincial governments or officials for gold medals won by their representatives at the Asian Games and Olympics, according to a report prepared by the State General Administration of Sports. The...

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Boomerang home buyers are coming back

Potential home buyers talk with a loan officer in Florida. NEW YORK (CNNMoney) That's according to a new report from RealtyTrac, which estimates that 7.3 million so-called "boomerang buyers" will return to the U.S. housing market over the next...

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Can Apple live up to the iHype?

NEW YORK (CNNMoney) The popular tech company reports its results after the closing bell Tuesday. But will they be strong enough to satisfy fickle Wall Street traders? Analysts are forecasting that Apple (AAPL, Tech30)'s earnings per share surged...

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Stocks: 5 things to know before the open

Trading could be quiet Tuesday as a blizzard moves over New York. LONDON (CNNMoney) Here are the five things you need to know before the opening bell rings in New York: 1. Snow won't stop markets: The New York Stock Exchange and the Nasdaq...

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NFL (officially) comes to YouTube

NEW YORK (CNNMoney) On Monday the NFL announced a new partnership with YouTube that will bring official content to the popular streaming video site. This includes the launch of the NFL YouTube channel, which will feature clips, news, analysis,...

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This Chinese brand is worth more than Alibaba

HONG KONG (CNNMoney) Tencent (TCEHY)'s brand is estimated to be worth $66.1 billion, having nearly doubled in a year. Alibaba (BABA, Tech30), spurred on by its record-setting IPO, ranked second with brand value of $59.7 billion. Both companies...

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Boomerang home buyers are coming back

Potential home buyers talk with a loan officer in Florida. NEW YORK (CNNMoney) That's according to a new report from RealtyTrac, which estimates that 7.3 million so-called "boomerang buyers" will return to the U.S. housing market over the next...

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Second record weekend for 'American Sniper'

NEW YORK (CNNMoney) The Oscar-nominated Iraq War movie, starring Bradley Cooper as the legendary sniper Chris Kyle, earned $18.3 million at the box office on Friday. For perspective, the next biggest movie in the United States this weekend is "The...

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2015: The global economy's 'sink or swim' moment

The global economy is facing a 'sink or swim' situation now that central banks have done all they can to pump liquidity into the markets. DAVOS, Switzerland (CNNMoney) This week the European Central Bank unveiled a massive stimulus program --...

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#HeForShe campaign goes corporate

Emma Watson is a celebrity spokesperson for the HeForShe campaign. DAVOS, Switzerland (CNNMoney) The United Nations-backed campaign went viral last year on Twitter (TWTR, Tech30) after actress Emma Watson made an impassioned speech calling on...

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Second record weekend for 'American Sniper'

NEW YORK (CNNMoney) The Oscar-nominated Iraq War movie, starring Bradley Cooper as the legendary sniper Chris Kyle, earned $18.3 million at the box office on Friday. For perspective, the next biggest movie in the United States this weekend is "The...

15.30 | 0 komentar | Read More

2015: The global economy's 'sink or swim' moment

The global economy is facing a 'sink or swim' situation now that central banks have done all they can to pump liquidity into the markets. DAVOS, Switzerland (CNNMoney) This week the European Central Bank unveiled a massive stimulus program --...

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