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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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Boeing cuts 800 Kansas jobs
Read full story for latest details.
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U.S. tries new tack on housing
The Bush administration said Wednesday that it was changing its nearly-moribund mortgage rescue plan in an effort to spark more lenders and homeowners to participate.
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Fed hints at rate cut, lowers forecast
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Sharp decline seen in holiday shoppers
The volume of shoppers is expected to decline sharply during the 2008 holidays due to such factors as the financial market meltdown and a shorter season, according to a retail industry survey released Wednesday.
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CBO chief is Obama's likely budget director pick
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Sirius XM at 17 cents - look out below
"Brother, can you spare a dime?" During the Great Depression, ten cents could buy a little something for those really hard up.
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Mortgage rescue or rip off?
If mortgage lending was the Wild West during the boom years, foreclosure-prevention counseling is the lucrative new frontier of the bust.
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Mortgage rescue or rip off?
If mortgage lending was the Wild West during the boom years, foreclosure-prevention counseling is the lucrative new frontier of the bust.
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Microsoft still interested in Yahoo deal
Read full story for latest details.
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Best Buy sinks after debt downgrade
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P&G, Google swap jobs
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Cutting your lodging expenses
The economy is suffering, but that doesn't mean you need to suffer when traveling this holiday season. Here are some unconventional ways to cut your lodging expenses.
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Citi in $17.4B move on troubled assets
Read full story for latest details.
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More trouble for auto bailout
Auto industry executives were back on Capitol Hill Wednesday to ask for a federal bailout but they once again faced an uphill battle in winning the necessary support from Congress for a $25 billion loan package.
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The hidden cost of Google Apps
What happens when a business throws out its scheduling and collaboration tools and replaces them with Google's low-cost, online business software? To find out, we at Blumsday migrated our entire shop of roughly a dozen employees and contractors to test out Google Apps.
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Oil prices at near 22-month low
Oil prices fell to a nearly 22-month low Wednesday after a government report showed a bigger-than-expected rise in crude inventories, reinforcing concerns that demand for petroleum products is waning.
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A house that thinks
Inside a white-brick house nestled in Houston's leafy Montrose neighborhood, a gray handheld video display sits on the living room coffee table. But this is no ordinary remote control. Called the Insight and made by Tendril, a Boulder startup, the device communicates wirelessly with the home's utility meter, letting you track real-time information about the cost of the electricity you consume.
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Gas falls to half of record high
Gasoline prices dropped to below half of the record high Wednesday, declining for the 63rd straight day in a national survey.
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Dollar down against major currencies
The dollar lost ground against major currencies Wednesday as stocks fell hard and reports showed an economy in contraction.
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Dow plunges below 8,000 - 1st time since '03
Stocks fell hard on Wednesday, with the Dow closing below 8,000 for the first time since March 2003, as ongoing anxiety about the economy and uncertainty about the future of the auto industry weighed on the market.
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