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Financial News from CNNMoney.com

  • Reserve Bank of India governor Raghuram Rajan clearly loves surprises. The Indian central bank chief unexpectedly cut key lending rates yet again on Wednesday, just days after the government of Prime Minister ...

  • The IRS is delaying the refunds of tens of thousands of Obamacare enrollees, said Nina Olson, the National Taxpayer Advocate. The hold up, she says, is subsidy data from state health exchanges. What's ...

  • What could kill Obamacare CNNMoney.com - 4 hours ago

    Republicans have tried to kill Obamacare more than 50 times. But the Supreme Court could actually do it with a single ruling. Justices will hear arguments Wednesday on whether most Obamacare enrollees ...

  • These ads ran before ISIS videos @ CNNMoney.com - 5 hours ago

    Jennifer Aniston lauds the benefits of Aveeno, Bud Light shows off beer at a concert, and Secret sells its freshly scented deodorant. Pretty standard commercials, but what's different is the content that ...

  • FILE - In this Aug. 3, 2002 file photo, The Grateful Dead, from left, Phil Lesh, Bill Kreutzmann, Bob Weir and Mickey Hart perform during a reunion concert in East Troy, Wis. he band announced Friday that original members Mickey Hart, Bill Kreutzmann, Phil Lesh and Bob Weir will perform three shows from July 3-5 at Soldier Field in Chicago. (AP Photo/Morry Gash, File)

    If you're truckin' to see the Grateful Dead this summer, bring your checkbook. A three day pass for The Grateful Dead's "Fare Thee Well" sold out reunion show in Chicago are being offered for ...

  • What to do with a big, fat inheritance CNNMoney.com - 5 hours ago

    I just inherited $250,000 that I want to invest, but I'm concerned that stocks may be overvalued and bonds might be hurt by rising interest rates. Should I invest this money gradually to protect myself ...

  • NBC News to shake up top execs CNNMoney.com - 6 hours ago

    First came a series of embarrassments at one of the country's most esteemed television news entities, NBC News. Now comes the executive reshuffling. NBCUniversal CEO Steve Burke is preparing to replace ...

  • Target to cut thousands of jobs CNNMoney.com - 7 hours ago

    "Several thousand" jobs are on the chopping block at Target, the company said Tuesday. The cuts will come over the next two years and will primarily be at corporate headquarters in Minneapolis. ...

  • Once upon a time, U.S. law demanded a weak version of website encryption so that it could break in wherever it wanted. Now that has come back to haunt us, in the form of a nasty computer bug. Researchers ...

  • Howard University is going to pay its students to graduate in four years. The school says it will cover 50% of the cost of a student's final semester if they graduate early or on time, starting next year. ...

  • Wynn Resorts is trying to kick a namesake off its board. Elaine Wynn, ex-wife of Steve Wynn -- chairman and CEO of Wynn Resorts -- said she's reviewing her options after the company's board said it wouldn't ...

  • Wall Street is known as a testosterone-fueled industry where foul language is the norm and greed rules all. But at least one very successful titan of finance isn't looking for someone who fits that description. ...

  • The Nasdaq is back at levels it last hit in those glory days of March 2000. That's great news for anyone who really took the lonnnnng view and held on to Nasdaq stocks for the past 15 years. It's even ...

  • Dodge is calling out some of its own dealers for what it says is unethically and possibly illegally taking deposits for a hot car model they can't deliver. Dodge said that a "small number" of ...

  • Tinder angers swipe-happy users @ CNNMoney.com - 11 hours ago

    Many wish they could swipe left and reject the latest version of Tinder. On Monday, the firm launched its new premium service, Tinder Plus. New features include the option to "rewind" or unswipe ...

  • Being an Apple fan has paid off handsomely for Alex Gerb. He doesn't just own the products, he owns the stock. He's made close to $50,000 since he first bought Apple shares in 2007. While working his way ...

  • Hillary Clinton isn't the only one who could get in trouble for using a personal e-mail account to do official business. You could get fired for doing he same thing. Many companies, particularly large ...

  • For the first time in three years, the iPhone is the world's top selling smartphone. Apple sold a record 74.8 million iPhones in the fourth quarter of 2014, giving it 20.4% of the global smartphone market, ...

  • Best Buy is not the next RadioShack @ CNNMoney.com - 13 hours ago

    Best Buy is not RadioShack. It's turnaround is legit. Shares of Best Buy were up 2% Tuesday morning after the company reported fourth quarter earnings that topped forecasts and a solid jump in same-store ...

  • The rules governing 529 college savings plans may soon become more flexible. Last week, the House of Representatives passed a bill that would expand the benefits offered by the college savings plans to ...

  • Forget Ubering to a doctor's appointment. One startup promises to deliver a doctor to your doorstep in 60 minutes or less. The price for the house call: a flat fee of $99. Co-founded by Dr. Renee Dua and ...

  • IHOP declares 'national pancake day' @ CNNMoney.com - 14 hours ago

    Dig in: It's national pancake day. So says IHOP, which should know, considering it is the International House of Pancakes. It's a made up occasion, of course, but before you flip out, know that IHOP says ...

  • Coming to a Moscow cinema soon: movies about Crimea and the mighty Russian army. A year after it annexed Crimea and encouraged separatists to take up arms against Ukraine, the government of Vladimir Putin ...

  • How To Taste Craft Beer Properly: Visit ‘Tap House’!

    Michael Kane went from poring over spreadsheets to pouring craft beer with his name on it. The former Wall Street investment banker is part of a growing club of Americans who have ditched their boring ...

  • Buffalo selling homes for $1 to preserve old neighborhoods

    Paying $1 for a house may seem too good to be true -- and, in many cases, it is. In Buffalo, New York, the city is selling vacant properties for a buck to those willing to fix them up and live in them ...

  • Tom Brokaw, the NBC newsman and author of "The Greatest Generation," is writing a new book about his personal struggle with cancer . Brokaw, who just recently announced that his cancer is in ...

  • Premarkets: 4 things to know before the open @ CNNMoney.com - 17 hours ago

    The major U.S. stock market indexes hit new records Monday, and the Nasdaq closed at a 15-year high. Time to take some profit? Here are the four things you need to know before the opening bell rings in ...

  • Opinion: Wearables will explode after Apple Watch debut @ CNNMoney.com - Tue, Mar 3, 2015 12:16 AM EST

    Wearables , and the apps that will make them useful, are set to go mainstream thanks to the expected launch of Apple's smartwatch on March 9 . Yes I know, wearables like Google Glass didn't do very well ...

  • Stratos wants to replace your wallet with its smart card CNNMoney.com - Tue, Mar 3, 2015 12:06 AM EST

    Stratos wants to make your credit cards, debit cards, loyalty cards, and gift cards obsolete. It's yet another electronic "smart" card that promises to simplify our lives by slimming down our ...

  • China tops U.S. at the box office for first time @ CNNMoney.com - Mon, Mar 2, 2015 11:55 PM EST

    Move over Hollywood! There's a new star stealing the spotlight -- China has beat the U.S. for the first time in monthly box office sales. China brought in $650 million in box office revenue for February, ...

  • Saudi Arabia 'engineered' oil crisis: Dallas Fed chief CNNMoney.com - Mon, Mar 2, 2015 9:01 PM EST

    Saudi Arabia is largely responsible for the dramatic fall in oil and gas prices in recent months, a U.S. government official said. Richard Fisher, the head of the Dallas Federal Reserve, said "the ...

  • $2 gas is gone -- prices have climbed for 5 weeks in a row CNNMoney.com - Mon, Mar 2, 2015 5:32 PM EST

    Gone are the days of $2 gas -- at least for now. Prices at the pump have climbed steadily for five weeks in a row. The national average for a gallon of regular gas jumped nearly 40 cents a gallon in that ...

  • #TheDress: 73 million page views CNNMoney.com - Mon, Mar 2, 2015 5:31 PM EST

    Last week the Internet was mesmerized by the color scheme of #TheDress . On Monday, Tumblr reported just how enthralled the Internet was. According to Tumblr, the original post of #TheDress has pulled ...

  • 'House of Cards': Why Frank Underwood's economic plan is crazy CNNMoney.com - Mon, Mar 2, 2015 5:26 PM EST

    Spoiler alert: Frank Underwood's economic policy in "House of Cards" is crazy. At least it is through the first four episodes, which is all my binge has so far taken in. With 18 months left in ...

  • A bank is offering scented credit cards to Middle Eastern women CNNMoney.com - Mon, Mar 2, 2015 4:13 PM EST

    If the smell of money isn't alluring enough, an Abu Dhabi bank is marketing scented credit cards to women in the Middle East. Al Hilal Bank recently released a credit card with a built-in "applet" ...

  • 'Judge Judy' extends contract with CBS until 2020 CNNMoney.com - Mon, Mar 2, 2015 3:13 PM EST

    "Judge Judy" will be holding court for a few more years, thanks to a new deal from CBS. CBS TV Distribution announced on Monday that Judge Judy Sheindlin, the fiery host of the #1 rated show ...

  • Warren Buffett's ideal companies to invest in @ CNNMoney.com - Mon, Mar 2, 2015 3:11 PM EST

    Warren Buffett is a shopaholic. And he is not done hunting for bargains just yet. The Berkshire Hathaway CEO made it clear in his annual letter to shareholders Saturday that his firm is still looking to ...

  • 11 stocks hedge funds and mutual funds love now @ CNNMoney.com - Mon, Mar 2, 2015 2:44 PM EST

    Ever wondered what the "smart money" on Wall Street is betting on these days? Goldman Sachs has done the legwork for you. The investment bank did an analysis of the top stocks currently held ...

  • Mark Zuckerberg in 90 Seconds @ CNNMoney.com - Mon, Mar 2, 2015 2:31 PM EST

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  • Spoiler alert: Frank Underwood's economic policy in "House of Cards" is crazy. At least it is through the first four episodes, which is all my binge has so far taken in. With 18 months left in ...

  • ISIS supporters threaten Twitter founder Jack Dorsey CNNMoney.com - Mon, Mar 2, 2015 12:47 PM EST
    ISIS supporters send death threats to Twitter staff, co-founder Jack Dorsey

    Self-identified ISIS supporters have made online threats against Twitter founder Jack Dorsey and other Twitter employees for shutting down accounts that promote ISIS. In a post on anonymous forum justpaste.it, ...

  • PCs are dead. So says Wall Street. Again. CNNMoney.com - Mon, Mar 2, 2015 12:35 PM EST

    We live in an increasingly mobile world. So it should be no surprise that three stocks synonymous with the personal computer are taking a hit this year. Microsoft, Intel and Hewlett-Packard are all down ...

  • Google is becoming a wireless carrier @ CNNMoney.com - Mon, Mar 2, 2015 12:27 PM EST

    Soon, you will be able to buy a smartphone not through Verizon, AT&T, Sprint or T-Mobile -- but with Google Wireless. Google will start selling cell phone service, the company's products chief Sundar Pichai ...

  • CEOs make double what NBA players do CNNMoney.com - Mon, Mar 2, 2015 11:55 AM EST

    "Hey man, how much money do you make?" That's one of the top questions actor Hill Harper gets asked. Harper, an Ivy League grad who has starred on TV shows "CSI:NY" and "Covert ...

  • U.K. fights Russian oligarch over North Sea oil @ CNNMoney.com - Mon, Mar 2, 2015 10:48 AM EST

    Britain is threatening a showdown with Russian oligarch Mikhail Fridman over oil and gas fields he has just acquired in the North Sea. It is the latest in a series of clashes over energy between Russia ...

  • Boom! Nasdaq finally tops 5,000 again CNNMoney.com - Mon, Mar 2, 2015 10:43 AM EST

    Finally! The Nasdaq topped the 5,000 level Monday morning for the first time since March 2000. The Nasdaq is now just 2.6% from its all-time high from its Dot-com peak that it hit almost exactly 15 years ...

  • Guinness returns to sponsor N.Y.'s St. Patrick's Day Parade @ CNNMoney.com - Mon, Mar 2, 2015 10:39 AM EST

    Guinness will resume its sponsorship of New York City's St. Patrick's Day Parade, a year after it pulled out because lesbian and gay groups weren't allowed to march in the parade. This year's parade will ...

  • Google+ is about to be broken up CNNMoney.com - Mon, Mar 2, 2015 10:21 AM EST

    Google+ is about to get broken up. The search giant's tepidly embraced social network is going to reorganize around its two standout products -- photos and hangouts -- as well as a newly named social feed ...

  • Hyundai is recalling more than 200,000 vehicles that could have a power steering defect that increases the risk of a crash, according to documents posted by the National Highway Traffic Safety Administration ...

  • Michael Jordan joins billionaires' club @ CNNMoney.com - Mon, Mar 2, 2015 9:43 AM EST

    Michael Jordan, considered the best basketball player of all time, has just joined the billionaires' club. Jordan is one of the 290 newly-minted billionaires on Forbes' annual list of the world's richest ...

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