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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.

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      Shopping for back-to-school "basics" used to mean T-shirts, jeans, socks and some notebooks. This year, parents added a few other things with one item that really stands out: tattoos.
    • Burger King to be bought by 3G Capital for $4 billion
      Burger King said Thursday that it has agreed to be acquired by investment firm 3G Capital in a deal valued at $4 billion.
    • Harrisburg, Pa., defaulting on its bonds
      The capital city Pennsylvania is broke and will be skipping this month's multi-million dollar bond payment.
    • HP tops another raised Dell bid for 3PAR
      The 3PAR bidding war continued into its third week, as both Dell and HP upped their offers for the high-end storage company.
    • Stocks edge higher after big surge
      Stocks held modest gains early Thursday, as investors took a step back from a major rally in the previous session and digested reports on jobless claims and retail sales.
    • Ferrari recalls $230,000 458 Italia supercar
      Ferrari is recalling its new 458 Italia model after several vehicles were reported to have burst into flames.
    • Back to school sales get an A
      Retailers reported surprisingly strong August same-store sales as many consumers braved scorching summer temperatures to bag juicy discounts on school-related products.
    • Jobless claims decline, but not enough
      The number of first-time filers for unemployment insurance fell for a second straight week last week, but the level suggests that the labor market remains sluggish.
    • Overworked? Take back your lunch hour
      Dear Annie: Your article about why everyone should take a vacation ("5 ways to take a guilt-free vacation," June 2) got a lot of attention in my office, and we all agree that we are exhausted and need some downtime. But how are we supposed to take our vacations when we can't even get away from our desks long enough to go out for lunch? I work for a big company where so many people have been laid off in the past two years that, even with business relatively slow, we are all putting in 10- and 12-hour days (for weeks on end) just to get the work out the door.
    • Americans in the dark about energy use
      Americans aren't known for their energy-thrift ways. Maybe that's because they have little idea as to how much energy things use.
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      August is usually filled with the dog days of summer, but this year corporate dealmakers skipped their vacations and went shopping instead.
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      U.S. stocks were set for slight gains on Thursday, after jobless claims figures came in lower and retail same-store sales came in strong.
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      Caring for an ailing or aging parent is never easy, but the challenges only multiply when Mom and Dad live far away.
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      Cisco's rumored bid for Skype would make a great deal of strategic sense for the networking giant, but the pairing faces one major obstacle that might prevent the deal from getting done.
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      Sen. Charles Schumer, D-N.Y., is worried that credit card issuers are making it too easy for consumers to get corporate cards, which are exempt from tougher new laws.
    • Energy regulation gets personal
      On Monday, the Obama administration issued a policy mandating that employees of the Bureau of Ocean Energy Management -- one of the three agencies spawned from the MMS -- disclose personal relationships with employees of companies that they regulate. When BOEM workers identify a conflict of interest, they are supposed to opt out of regulating in that situation. Industry workers and regulators in the Gulf often have the same social circles and live in the same communities. It's going to be tough for the government to watch them closely.
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      After ending August in a slump, oil prices surged into September, rallying nearly 3% Wednesday as the economic outlook brightened.
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      Apple CEO Steve Jobs introduced a revamped Apple TV device, a new iPod line, an iTunes social network and updates to the operating system for the iPhone, iPod Touch and the iPad at Apple's highly anticipated product launch event on Wednesday.
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      Late Monday, BP responded to a request from the Congressional Committee on Energy and Commerce that asked the company to report how much money it had shelled out on advertising after the oil spill in the Gulf of Mexico in April.