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Latest financial news - CNNMoney.com - RSS Feed

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 Stocks end ugly month on a high note

The rally in U.S. stocks regained momentum Tuesday afternoon, but the day's gains weren't enough to lift the market out of the red for the month.

 
           
 
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 Bonds hold tight as 'avalanche of data' begins

Home prices. Consumer sentiment. A purchasing manager's index. Investors had to deal with all three reports on Tuesday -- and a lot more are coming.

 
           
 
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 Libya placed bets with Goldman, lost $1.3 billion

Goldman Sachs managed $1.3 billion worth of trades in currencies and other investments for the Libyan Investment Authority in 2008, according to a report published Tuesday.

 
           
 
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 Nokia shares tumble 14% on sales warning

Shares of Finnish mobile phone giant Nokia plummeted Tuesday after the company said it expects device sales to come in "substantially below" its quarterly estimates.

 
           
 
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 Sprint gets poetic in AT&T opposition

This proposed takeover puts our mobile broadband future at a crossroads. We can choose the open, competitive road best traveled, and protect American consumers, innovation and our economy, or we can choose the dead end that merely protects only AT&T and leads the rest of us back down the dirt road to Ma Bell.

 
           
 
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 How to invest if you've lost your job

When Jonathan Adams lost his job last December, he didn't panic -- or pull all of his savings out of the market.

 
           
 
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 Do you need a retirement coach?

Bud Robertson is 62, recently retired, and wealthy enough after a long business career that he doesn't have to work another day in his life. He's in great shape, is full of energy, and lives in a big house in Groton, Mass., that looks like an antebellum mansion uprooted from a Georgia plantation. Divorced for six years, he has time to spend with his girlfriend, three sports cars -- a 1958 Bugeye Sprite, a 1956 Chevy hardtop, and a 1981 Corvette -- and his two children and five grandchildren.

 
           
 
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 See (the real) Titanic for $60,000

Everyone is familiar with the story, but very few are able to see the Titanic in real life -- unless they can shell out $60,000.

 
           
 
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 Ex-utility exec nominated for Commerce chief

President Obama announced his choice to lead the Commerce Department on Tuesday, selecting John Bryson, the former CEO of the utility company Edison International.

 
           
 
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 Democrats: No pay for lawmakers if U.S. defaults

Raise the debt ceiling or don't get paid.

 
           
 
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 Netflix stock hits all-time high

Sell in May and go away? Someone forgot to tell Netflix investors about that little saying.

 
           
 
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 World markets cheer Greek, Japanese news

European stocks moved sharply upward Tuesday amid speculation the European Union could provide additional aid for Greece, while Asian stocks rallied on strong manufacturing data from Japan.

 
           
 
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 See (the real) Titanic for $60,000

Everyone is familiar with the story, but very few are able to see the Titanic in real life -- unless they can shell out $60,000.

 
           
 
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 Margarita mix for beginning investors

I'm 19 and have hopes of lying on the beach drinking margaritas for the most part of my life. But I'd also like to begin investing the small amount of money I have. How do I get started? -- Peter N., Los Angeles, Calif.

 
           
 
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 Debt ceiling talks: How to cut $1 trillion

The search for budget savings is on.

 
           
 
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