Financial News
Eight states with the highest minimum wages
Based on information provided by the U.S. Department of Labor, 24/7 Wall St. identified states with a minimum wage above $8 per hour.
Categories: Financial News
Home price gains slowing with winter's approach
Prices up 0.2% in October from September.
Categories: Financial News
Hyundai sales hit November record, CEO tweets
Hyundai November sales hit record, CEO says in tweet
Categories: Financial News
Ask Matt: Buying stock as a gift? It's not easy
Buying stock as a gift takes a bit of homework.
Categories: Financial News
Ex-Madoff lieutenant tells of his rise and fall
Madoff finance chief 's rise and fall
Categories: Financial News
Delamaide: Bank reform's populist virtues
Branding bank reform 'populist' won't stop its momentum.
Categories: Financial News
New tech leadership emerges as giants' growth slows
Investors try to find the next big tech stock winner.
Categories: Financial News
Futures indicate a tough market opening
All three major market index futures were down in pre-market trading.
Categories: Financial News
Apple at 2013 high on China Mobile, holiday hopes
A deal with China Mobile would double Apple's addressable market in that country
Categories: Financial News
Student-Loan Servicers Face Scrutiny
Companies that collect payments on student loans will face stepped-up government scrutiny next year as a federal regulator examines whether they are breaking any laws or treating borrowers unfairly.
Categories: Financial News
Court Calls for Broader Review of BP Spill Funds
A federal-appeals-court ruling Monday might spare BP PLC from making hundreds of millions of dollars in compensation payments stemming from its 2010 Gulf of Mexico oil spill.
Categories: Financial News
Apple Taps Into Twitter, Buying Topsy
Apple has acquired social-media analytics firm Topsy Labs for more than $200 million, according to people familiar with the matter. The startup specializes in data from Twitter.
Categories: Financial News
Shanghai Shares Extend Losses
Asian markets were mostly lower on Tuesday, as Chinese stocks continued to decline on fears of a flood of new listings, while Japanese stocks got a boost from a weaker yen. The Shanghai Composite lost 0.2%.
Categories: Financial News
Black Friday Flopped, But Cyber Monday Clicked With Online Shoppers
After lackluster Thanksgiving weekend sales, early estimates indicated that online shopping was up by 17.5% compared to this time last year. Sales are expected to hit $2 billion, according to the research firm comScore. Last year, sales equated to around $1.47 billion. Mobile devices, from smartphones to tablets, accounted for more than 29% of online traffic, according to IBM Benchmark data. “2013 is the year online went mobile,” Josh Anderson, the president and CEO of Walmart.com told the Associated Press. Today’s results provide good news for retailers who were expected to experience a 2.9% drop in sales over the Thanksgiving weekend. [Associated Press]

Categories: Financial News
Cyber Monday sales surge to new record
Growth online is contrast to sluggish holiday sales in physical stores as shoppers are lured by convenience of the web
Categories: Financial News
A Profitable Trade: Illicitly Shipping BMWs to China
Federal prosecutors are seizing cars and cash from those using straw buyers to acquire expensive new vehicles in the U.S. and export them to China, where the cars fetch much more.
Categories: Financial News
A Borrowing Maneuver Catches Flak
A budget-stretching tactic employed by strapped local governments from California to Puerto Rico is coming under market scrutiny, amid fears that Detroit's record bankruptcy filing could presage further pain.
Categories: Financial News
Bond Investors Aim to Break Index Chains
These "unconstrained" funds are gaining in popularity as investors anticipate the Federal Reserve reducing its bond-purchase program.
Categories: Financial News
Madoff Lieutenant Describes Ploy to Outwit Auditor
A top lieutenant to Bernard L. Madoff explained in detailed testimony the lengths required to maintain the firm's massive Ponzi scheme.
Categories: Financial News
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