Financial News from CNNMoney.com

  • Hyundai deferring car payments for gov't workers @ CNNMoney.com - 1 hour 49 minutes ago

    Federal employees who are current owners of Hyundai vehicles will be allowed to stop making car payments for as long as the shutdown keeps them out of work, Hyundai Motor America announced Tuesday. Also, ...

  • Who gets paid in a shutdown and who doesn't? CNNMoney.com - 2 hours 1 minute ago

    Government shutdowns are very, very confusing. Among the hardest-to-grasp and most vital questions: Which federal employees will get paid and which won't. And for those who will get paid, when will they ...

  • Federal defense worker Rob Merritt feared he would have to file for bankruptcy if he was furloughed from the government shutdown. Merritt showed up to work Tuesday morning, expecting to sign his furlough ...

  • Shutdown 1st day: Federal workers sign furlough papers CNNMoney.com - 2 hours 57 minutes ago

    Tens of thousands of federal workers came to work on the first day of the government shutdown Tuesday to sign furlough paperwork and turn on their out-of-office voicemail and email. A few lucky ones discovered ...

  • Stocks shrug off shutdown, boosted by Apple @ CNNMoney.com - 3 hours ago

    Congress failed to pass a budget and triggered a government shutdown for the first time in nearly two decades Tuesday. But Wall Street took Washington's latest breakdown in stride. The Dow Jones industrial ...

  • The government shutdown couldn't have come at a worse time for Jeff Smith, owner of the Jonathan Creek Inn in Maggie Valley, N.C. October is an especially crucial month for the inn, which is located just ...

  • To match Special Report SEC/INVESTIGATIONS

    The Securities and Exchange Commission is paying out its largest whistleblower award yet. An unidentified whistleblower will receive more than $14 million for aiding the agency, which investigates marketplace ...

  • On one side of Capitol Hill, lawmakers are bickering over the budget . But just beyond the marble steps, furloughed government workers are shooting $3 "Shut it Down" whiskey shots and playing ...

  • Federal workers who lose pay during the government shutdown can fall back on unemployment benefits in most states. But the money comes with a catch. If Congress decides later to retroactively pay those ...

  • The U.S. Postal Service has defaulted on a $5.6 billion payment for retiree health benefits that was due on Monday, just as the Postmaster General had warned it would. "We have not made the required ...

  • The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any ...

  • The "doodle" on Google's homepage on Tuesday honors the 123rd anniversary of Yosemite National Park -- which is currently closed, due to the government shutdown . All 59 national parks are managed ...

  • Car sales slip due to Labor Day timing @ CNNMoney.com - 8 hours ago

    Car sales took a step backward in September, although it was a quirk of the calendar more than a change in car buyer demand that was responsible for the decline. The Labor Day weekend sales were booked ...

  • Bank CEOs to meet with Obama Wednesday @ CNNMoney.com - 8 hours ago

    Wall Street CEOs will head to the White House to meet with President Obama on Wednesday, according to sources. Goldman Sach's Lloyd Blankfein will be among the group of CEOs meeting with the president ...

  • Icahn demands $150 billion from Apple @ CNNMoney.com - 8 hours ago

    That was one expensive dinner. Activist investor Carl Icahn told Apple CEO Tim Cook at a Monday night dinner that he wants Apple to issue a $150 billion buyback of its stock, in a bid to get Apple to return ...

  • [video] Nothing is stopping Netflix @ CNNMoney.com - 8 hours ago

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  • Many consumers looking to sign up for Obamacare health coverage weren't making it very far Tuesday morning. Enrollment in the Obamacare exchanges opened Tuesday, with the federal and most state exchange ...

  • BMW recalling CNNMoney.com - 8 hours ago

    German luxury automaker BMW is recalling about 76,200 cars in the U.S. for a problem that could result in reduced braking power. In some cars, the supply of lubricating oil going to the power brake pump ...

  • The U.S. government is shut down , but that won't stop Twitter from posting its documents on a government website for an upcoming initial public offering. Twitter is expected to make public its IPO documents ...

  • Federal defense worker Rob Merritt fears he may have to file for bankruptcy if he is furloughed from the government shutdown that started Tuesday. Merritt showed up to work Tuesday morning, expecting to ...

  • Google has agreed to give rivals more space on its website, raising the chances of a deal with Europe's antitrust authorities and reducing the risk of a hefty fine. The European Commission said Tuesday ...

  • Tesla: A trap for small investors? @ CNNMoney.com - 10 hours ago

    Tesla is one of the hottest stocks of the year, but individual investors may be about to get burned. According to Bank of America Merrill Lynch, hedge funds, pensions and other big money managers have ...

  • Japan hikes sales tax as economy recovers CNNMoney.com - 10 hours ago

    Japanese Prime Minister Shinzo Abe will press ahead with a planned tax hike next year as he looks to take advantage of an economic recovery to start tackling the country's runaway government debt. Paid ...

  • Barilla CEO

    The head of Barilla pasta issued a new apology and said he will meet with gay groups, adding he "has much to learn" about the evolution of the family. Guido Barilla, president of Barilla, said ...

  • 'Panda cam' goes dark in shutdown CNNMoney.com - 11 hours ago

    The Panda and her cub have gone dark. The government shutdown has claimed one of its most beloved casualties: the National Zoo's panda cam. But animal lovers can rest assured that the zoo's endangered ...

  • Candy Crush game creator preps for IPO @ CNNMoney.com - 11 hours ago

    The U.K. company behind the wildly popular online game Candy Crush Saga is preparing for a stock market listing. London-based King has filed for an initial public offering in New York, said a source familiar ...

  • Merck to cut 8,500 more jobs @ CNNMoney.com - 11 hours ago

    Drug maker Merck announced Tuesday that it will cut 8,500 more jobs worldwide. These new cuts are in addition to a previously announced reduction of 7,500 jobs. The total job cuts work out to an elimination ...

  • The best ways to invest in Europe's recovery @ CNNMoney.com - 11 hours ago

    Stocks are surging in the United States this year. Japan has done even better. But if you're looking for the next big opportunity, Europe could very well be the best place to invest right now. The long ...

  • Stocks poised to shrug off shutdown @ CNNMoney.com - 12 hours ago

    Stocks were poised to open higher Tuesday, hours after the federal government partially shut down, as investors bet that the impasse will be short-lived. U.S. stock futures moved higher, pointing to a ...

  • More top U.S. universities are now admitting undocumented students. Just last month, the University of Notre Dame said undocumented students who apply for undergraduate admission would now be accepted. ...

  • Savings accounts with the highest yields CNNMoney.com - 12 hours ago

    There's no getting around the fact that yields on savings accounts are painfully low. But you might be able to get a higher interest rate than the one you've settled for. The average savings account has ...

  • UBUESQUE – Les conséquences du « shutdown » en Normandie ou dans l’espace

    World markets posted mixed reactions in Tuesday trading as the United States commenced a rare process that will close the federal government. The White house has ordered agencies to shutter their doors, ...

  • Worried that the government shutdown means you won't receive your Social Security check? Or that getting a passport in time for your long-overdue vacation is a long shot? Don't be. Yes, the government ...

  • Shutdown: What happens next CNNMoney.com - 18 hours ago

    Congress failed to pass a funding bill on Monday night. And so began a series of complex procedures to power down the federal government. Many parts of the government technically shut down as the clock ...

  • The government shutdown could make it harder for millions of women and children to get the health care they need. That's because one of the assistance programs most vulnerable to a government shutdown ...

  • On Oct. 1, Lisa Buckley's security management firm is due to bill thousands of dollars in new business to Uncle Sam. But during a government shutdown, those invoices could remain unpaid indefinitely. "We're ...

  • Obamacare Enrollment: How Do I Sign Up? CNNMoney.com - 18 hours ago
    Homework involved to apply for health insurance

    It's E-day for Obamacare. People can now enroll in health care coverage in the Affordable Care Act insurance exchanges -- the centerpiece of Obama's landmark legislation. Coverage begins in 2014, but folks ...

  • 'Panda cam' to go dark in shutdown CNNMoney.com - 18 hours ago

    One of the most beloved casualties of a government shutdown will be the National Zoo's panda cam. But animal lovers can rest assured that the zoo's endangered Giant Pandas -- Tian Tian, Mei Xiang, and ...

  • Amazon to hire 70,000 seasonal workers @ CNNMoney.com - 19 hours ago

    It's the most wonderful time of the year ... for people seeking seasonal work. Amazon is planning to hire 70,000 workers to help out for the holiday season. The seasonal employees will work full-time at ...

  • A government shutdown could cost the still-struggling U.S. economy roughly $1 billion a week in pay lost by furloughed federal workers. And that's only the tip of the iceberg. First, there are the estimated ...

  • Asian markets posted mild gains in early trading Tuesday as the United States initiated a rare process that will close the federal government. The federal government ordered agencies to shutter their doors, ...

  • China factories post mild gains CNNMoney.com - 20 hours ago

    Factories in China continued to gain momentum in September, but the moderate pace of growth raised questions about the strength of recovery in the world's second largest economy. China's official purchasing ...

  • Cisco CEO John Chambers gets 80% raise @ CNNMoney.com - Mon, Sep 30, 2013 7:23 PM EDT

    A massive stock award announced Monday propels Cisco CEO John Chambers into the upper tier of high-paid tech CEOs. In a regulatory document filed late Monday, Cisco revealed that Chambers received $15.2 ...

  • [video] Inside Alcoa's largest U.S. factory @ CNNMoney.com - Mon, Sep 30, 2013 5:49 PM EDT

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  • Meals on Wheels advocate worried over shutdown CNNMoney.com - Mon, Sep 30, 2013 4:18 PM EDT

    Meals on Wheels programs have been struggling to meet increasing demand for their services after years of funding cuts at the federal, state and local levels. Now a government shutdown promises to make ...

  • Washington spooks stocks @ CNNMoney.com - Mon, Sep 30, 2013 4:12 PM EDT

    Investors don't want to wait and see if lawmakers can reach a deal to avoid a government shutdown at midnight. They just sold. The Dow Jones Industrial Average dropped more than 128 points, or nearly 1%, ...

  • FHA will keep lending during shutdown CNNMoney.com - Mon, Sep 30, 2013 2:28 PM EDT

    Applications for all government-backed mortgages will continue to be processed in a government shutdown, according to the U.S. Department of Housing and Urban Development. HUD originally said on Friday ...

  • Opinion: Lawmaker wants AIG CEO to apologize or quit @ CNNMoney.com - Mon, Sep 30, 2013 11:53 AM EDT

    Last week, Robert Benmosche, the CEO of American International Group, equated criticism over his company's excessive bonuses five years ago -- as the company was being rescued by the American taxpayers ...

  • Warren Buffett is Heisenberg? @ CNNMoney.com - Mon, Sep 30, 2013 11:27 AM EDT

    Billionaire investor Warren Buffett took his love of "Breaking Bad" to another level Sunday night during the season finale of the award-winning series. The Oracle of Omaha tweeted a picture of ...

  • Obamacare exchanges face delays, technical glitches CNNMoney.com - Mon, Sep 30, 2013 10:06 AM EDT

    The Obamacare insurance exchanges open for business on Tuesday ... sorta. Residents and small business owners in certain states will not be able to fully sign up for a policy online in October because ...

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