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The value of U.S. homes grew on a monthly basis in May for the first time in nearly three years, according to 20-city index released Tuesday.
The month-over-month increase was 0.5%, according to the report from financial data company Standard & Poor’s and economists Case-Shiller. It was the first increase in the monthly index […]
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Stocks ended higher Monday, at the end of a choppy session on Wall Street in which investors weighed better-than-expected results with some wariness after a two-week rally.
The Dow Jones industrial average (INDU) added 15 points, or 0.2%. The S&P 500 (SPX) index climbed 3 points, or 0.3%. The Nasdaq composite (COMP) gained 2 points, […]
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Boeing beat analysts’ estimates, posting a 17% increase in second-quarter profits compared to 2008. Under normal circumstances that would be cause for the Street to celebrate, but the good news was overshadowed by the lack of news about the jet Boeing’s future is hanging on — the 787 Dreamliner.
Last month, Boeing (BA, Fortune 500) […]
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The first big government bailout of the financial crisis — the takeover of mortgage finance giants Fannie Mae and Freddie Mac — is poised to be the most expensive and complicated to complete.
Since Congress essentially wrote a blank check to the Treasury Department in July 2008 to do what needed to be done to […]
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Oil rose Monday as optimism about a potential global economic recovery lifted markets and expectations of a turnaround in fuel demand.
World markets extended gains from last week on strong corporate earnings and news of a rescue package for troubled U.S. lender CIT (CIT, Fortune 500).
U.S. crude traded up 42 cents to settle at $63.98, […]
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and expensive
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NEW YORK (Fortune) — There have been a string of tech companies signaling that for their business at least, the worst may be over.
Starting earlier this week with Intel (INTC, Fortune 500), and followed by IBM (IBM, Fortune 500) and Google […]
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The health reform bills released so far would increase government spending on health care without sufficiently reining in health care costs.
And at least initially they aren’t likely to significantly lower premiums for the majority of Americans with employer-sponsored health insurance.
That’s the sobering takeaway from testimony Thursday by Congressional Budget Office Director Douglas Elmendorf.
Elmendorf’s […]
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A new government investigative panel charged with getting to the bottom of what caused the financial crisis was assembled on Wednesday, and its chairman vowed to begin work soon.
Congressional leaders named 10 members of the Financial Crisis Inquiry Commission, which has the power to hold hearings and collect records examining everything from fraud to […]
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from an NHL hockey team to Obama’s suit maker — that are hitting the skids.
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Fortune 40: The best stocks to retire on
After a bleak 2008, equities are looking up. But whatever the market, our trademark long-term portfolio can help you build a nest egg for a secure future.
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NEW YORK (CNNMoney.com) — Stocks […]
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As an undergraduate at Cornell University, Lyle Small annoyed his housemates by spending days on end painting their Ping-Pong table in rainbow shades of ink. He brewed chemicals to create inks that changed hue when exposed to light and heat.
"I got obsessed," says Small, now 41. "I thought all printing inks should change […]
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