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    Latest financial news - CNNMoney.com

    From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

  • Average gas price falls below $1.80
    The average gas price in the United States fell below $1.80 a gallon Thursday for the first time since early 2005, according to a daily survey of gas station credit card swipes.
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  • Mortgage rates continue to fall
    Mortgage rates fell this week, reaching levels not seen since January, as the government steps up its efforts to aid the ailing housing market.
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  • Lower mortgage rates aren't the answer
    The government finally realizes that it has to address the problems in the housing market. Unfortunately, it seems officials are considering going at it the wrong way.
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  • More Americans say recession is serious
    More than four out of 10 Americans say the economy is in a serious recession, a belief that has grown stronger within the past few weeks, according to a poll released Thursday.
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  • Bernanke: More foreclosure help needed
    Federal Reserve Chairman Ben Bernanke said Thursday that the government must do more to address foreclosures.
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  • Bank-to-bank lending eases
    Bank to bank lending rates continued to march lower, as a trio of European central banks slashed their key interest rates, a move that markets had largely expected.
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  • Kashkari: Rescue fund needs adequate resources
    Read full story for latest details.
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  • Get your money!
    It's a tough economy, and that spells bad news for small business owners who are trying to get paid.
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  • How I did it: Sleeping on the job
    NAME: Michael Rothbard
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  • Stocks dip after two-day rally
    Stocks slipped Thursday afternoon as a rash of job cuts at major companies and weak November retail sales gave investors a reason to retreat after two up sessions.
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    FT.com - US

    FT.com - US

  • China lectures US on economy
    The US was lectured about its economic fragilities as senior Chinese officials urged the administration to stabilise its economy, boost its savings rate and protect Chinese investments
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  • Former NY governor writes for Slate.com
    Eliot Spitzer, the disgraced former governor of New York, is quietly staging a return to public view as a columnist for well-regarded online news site Slate.com
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  • Fed survey offers bleak outlook
    Conditions across the US economy deteriorated further since early October, the Federal Reserve said, as a slowdown in consumer spending, manufacturing activity and lending intensified.
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  • US rescue plan to push down home loan rates
    The US Treasury is working on a new plan to help revive the ailing housing market by reducing mortgage rates on new home loans, according to people briefed on the situation
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  • Record contraction in US services sector
    The US services sector contracted by the most on record in November, while the private sector as a whole lost 250,000 jobs
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  • Warning over mass destruction attacks
    Terrorist groups would succeed in using weapons of mass destruction within five years unless the world community "acts decisively", according to a US congressionally mandated commission set up to scrutinise WMD after the 2001 attacks
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  • Obama picks Richardson for commerce
    Barack Obama nominated Bill Richardson, the governor of New Mexico and a former rival in the Democratic presidential primaries, as his secretary of commerce in the first high-profile appointment of a Latino to his administration
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  • Salary clause threatens Clinton's new job
    A provision in the US constitution barring members of Congress from government posts whose emoluments increased during their term could make Hillary Clinton ineligible as secretary of state
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  • Democrats fail to gain Senate super-majority
    Republicans regained a spring in their step after Tuesday night's election victory in Georgia, which denied the Democrats their much desired shot at a 60-seat "super-majority" in the US Senate
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  • US-China dialogue
    When the US and China discuss long-term economic issues these days, there are more elephants in the room than advisors
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    Technology news - Business 2.0 Magazine

    From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

  • Live chat: your new online salesperson
    A year or two ago, it looked like instant messaging and other forms of online chat had reached their full potential as a business tool. Millions of people were using IM to interact with corporate colleagues. Live chat had also become a fixture on websites, giving customers a way to inquire about products and receive answers in real time.
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  • The hijack-proof truck
    You can't go far wrong in a truck equipped with an Astrata box. The device, half the size of a cigarette pack, can be wired into anything that moves - truck, car, shipping container - to head off nearly every conceivable type of disaster.
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  • Server farm goes solar
    Massive data centers are vital to the economy. They are also notorious power hogs. If their numbers keep growing at the expected rate, the United States alone will need nearly a dozen new power plants by 2011 just to keep the data flowing, according to the Environmental Protection Agency.
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  • Privacy for free online calls
    What's more creepily brilliant than ads that follow you around the Web? How about a Skype-like online phone service that listens in on your conversations and serves up ads based on what you say?
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  • A hard-knock laptop
    Computer makers are thrilled when, in today's PC market, they can get more than $1,500 for a high-end laptop. That's why Panasonic's Toughbook line is a standout.
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  • Say goodbye to the used-car salesman
    In late 2005, Stanford student Luke Thomas tried to buy a Land Rover online. After a few frustrating days of trawling Craigslist and driving around the Bay Area, only to find cars that looked better in their photos than in real life, Thomas decided there must be a better way.
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  • The kopy kat kids
    The Samwer brothers never been shy about borrowing ideas. The first company the Cologne-born trio founded was a German-language version of eBay. Later, as venture capitalists, they invested in European startups that were direct knockoffs of YouTube, Facebook, and Twitter.
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  • Nana technology
    Where can you find upside in the mature high-tech gadget business? Selling gadgets designed for seniors.
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  • Watch The New Disruptors video series

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  • The car of no return
    My final leson for you all? Never, ever, drive a nice car. There's no upside to it. Luxury rides are evil: insidious, stealthy things, burrowing into the human subconscious with terrifying ease, whereupon they trip a dopamine depth charge that explodes both your brain and your budget.
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