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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.

    • Exxon's growing reliance on expensive oil
      Exxon Mobil outlined plans Thursday that rely heavily on oil from tough to reach places, extracting it from the depths of the ocean, the frozen Arctic and the tar sands in Canada's frozen tundra.
    • Salvaged GM dealers in limbo
      The 661 axed auto dealers General Motors is offering to reinstate aren't ready to pop the champagne just yet. They're still waiting to find out about the terms they'll have to meet to regain their franchises.
    • Finally! Good news from credit card industry
      Recently card holders have seen interest rates increase, new and higher fees. and fewer reward programs.
    • Some nurses paid more than family doctors
      Despite the growing shortage of family doctors in the United States, medical centers last year offered higher salaries and incentives to specialist nurses than to primary care doctors, according to an annual survey of physicians' salaries.
    • GMAC: The scariest zombie
      Now that Citigroup and AIG are rolling in the bucks, GMAC is looking like the most egregious zombie bank of them all.
    • Citi's Pandit aims for $20 billion in profits
      Citigroup CEO Vikram Pandit offered a bold outlook for his troubled firm Thursday, saying he hoped his company would soon be able to deliver profits of approximately $20 billion.
    • It's a small (cap) world after all
      Want to know if all this talk of an economic recovery is for real? Don't think big. Think small.
    • Households recovering from economic freefall
      The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday.
    • Fast food chains face tomato famine
      Fast food joints are scrambling to find alternate sources for one of America's favorite sandwich toppings after a winter freeze took a huge bite out of Florida's tomato harvest.
    • Welcome to Detroit, Mr. Whitacre
      The honeymoon is officially over.
    • Long-term debt prices rise after auction
      Long-term U.S. debt prices rose Thursday after a government auction of $13 billion in 30-year bonds.
    • Pink Floyd wins lawsuit with EMI over downloads
      Pink Floyd won a legal battle Thursday against EMI that prevents the band's long-time record label from selling individual songs online.
    • Financial reform bill coming from Democrats
      Senate Democrats on banking panel plan to release and start working on a financial overhaul bill next week, without Republican support.
    • Brighter outlook for international airlines
      The international airline business is improving, said an industry group Thursday, and while losses are still expected for 2010, they should be half the size previously forecast.
    • Stocks manage gains
      Stocks gained Thursday, erasing earlier losses to lift the Nasdaq and S&P 500 to 18-month highs as investors eyed the day's jobs and trade news and the direction of the U.S. dollar.
    • Trusting science on climate change
      Those beating the global warming drum have sure taken a few lumps lately.
    • Oil inches higher
      Oil prices eked out gains Thursday, as the risk of an overheated Chinese economy and higher continuing jobless claims stifled traders.
    • The new me
      I like myself pretty well. I've done okay as me. But it came to my attention recently that I was up for a redesign. These things are scary at first, but as they go along, they start to get exciting. Businesspeople are like sharks, not just because we're gray and slightly oily, or because our teeth trail the innards of those we have eviscerated, but because we must move forward or die.
    • Living on a freelancer's budget
      Chris and Janie Peterson have an enviable life. They own a lovely 3½-bedroom ranch house just outside Minneapolis and have work schedules flexible enough to allow them lots of time with their children, Reece, 10, Cecily, 9, and Georgio, 7.
    • Why the U.S. can't inflate its way out of debt
      It's dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process.