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Latest financial news - CNNMoney.com
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From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
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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 issues - Reports
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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Stocks: Storm clouds continue to gather over Greece
Facebook is finally public, but that won't solve Greece's problems.
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Ex-Goldman director Rajat Gupta set for insider trading trial
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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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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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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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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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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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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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 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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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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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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Europe fears pressure world markets
European and Asian markets closed lower on Friday amid anxiety about Spanish and Greek banks and worries of a further slowdown in China.
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'I have an airplane hangar in my front yard'
Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane.
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Stocks: Facebook IPO vs. Europe worries
U.S. stocks were poised for a higher open Friday as investor excitement over the Facebook initial public offering countered continued worries about the European sovereign debt crisis.
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'What should we do with a $100,000 windfall?'
We are retirement age and expect a windfall of $100,000. What should we do? -- Debbie, Jamestown, N.Y.
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Vacation? No thanks, boss
Dubbed the "no vacation nation," the United States lags behind most other developed countries when it comes to vacation days. But Americans don't seem to mind.
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Push your health care insurer to pay more
It's inevitable -- as you age, your body requires more repair. But there are ways to lower your medical costs. .
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Save on health care, even as your body falls apart
You managed to glide through your twenties and thirties without any major health issues. Yet, as the calendar pages turn, you're finding that a host of minor -- and perhaps a few major -- medical problems keep cropping up. The doctor shakes her head when she sees your blood pressure and cholesterol numbers.
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