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 Financial News


Latest financial news - CNNMoney.com Logo Latest financial news - CNNMoney.com

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Getting hitched? It may cost you $27,000 or more You may be thrilled that you or your child has found The One, but you could be forgiven for worrying about The Cost.

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Stocks set to rebound U.S. stocks were poised to rebound Monday, after closing out one of the worst weeks of the year, as investors pinned their hopes on European leaders' abilities to manage the crisis.

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Facebook employees have millions. Now what? When Facebook CEO Mark Zuckerberg rang the Nasdaq opening bell on Friday to mark Facebook's public debut, he also rang in a crop of new millionaires and billionaires.

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Colbert spawns army of crazy super PACs In late March, Stephen Colbert expanded his super PAC experiment, admonishing his late-night viewers to start organizations of their own on college campuses across America.

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Fiscal cliff: Market sting may come sooner As if the debt crisis in Europe and a slow economic recovery aren't enough to deal with this year.

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How Iran could double its oil output As Iran continues to grapple with the West over its nuclear ambitions, experts say the nation could double its already sizable oil output if sanctions were lifted to allow foreign investment into its oil industry.

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What's next for Greece Efforts to keep Greece out of default and in the eurozone grow more uncertain by the day.

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JPMorgan Chase loss only going to get worse One thing seems clear about JPMorgan Chase's $2 billion loss. It's no longer $2 billion. It's likely much higher.

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Nasdaq 'embarrassed' over Facebook trading... The chief executive of Nasdaq OMX said he was "embarrassed" after technical glitches caused Facebook's widely-anticipated IPO to be delayed Friday, according to several news reports.

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Ex-Goldman director Rajat Gupta set for insider... Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.

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Stocks: Storm clouds continue to gather over... Facebook is finally public, but that won't solve Greece's problems.

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Postal Service's next deadline: Aug. 1 The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.

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GM won't advertise in the 2013 Super Bowl General Motors will not advertise during this year's Super Bowl game, the automaker said Friday.

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New York penthouse sells for a record $90 million An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.

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Anti-social: Zynga tumbles after Facebook IPO Social media stocks just aren't feeling the love, despite Facebook's highly-anticipated stock market debut.

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Thrilled and bummed by Google's self-driving car My first ride in Google's self-driving car was, all at the same time, thrilling, fascinating and a little disappointing.

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Enough on Facebook! Buy Google or Apple Facebook is finally trading. And even though the stock didn't explode out of the gate, the company is still worth more than $100 billion. It shouldn't be.

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Facebook: Many mutual funds already have a stake Whether you do or don't like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.

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Facebook trading sets record IPO volume Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price.

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Stocks: Worst week of the year Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.

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Articles last updated at May 21, 2012 07:07:37am.
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