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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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SEC vs. the media, round two
The Securities and Exchange Commission was not seeking a blanket exemption from public information laws, when it asked Congress to include a little known provision in the Wall Street reform law, the agency said in a letter to lawmakers Friday.
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Treasurys rise on weaker GDP
A weaker-than-expected government report on the economy sent investors flocking back into Treasurys Friday, pushing the prices up on U.S. debt and driving yields down.
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Northwest to pay $38 million cargo price-fixing fine
Northwest Airlines will plead guilty and pay a $38 million fine for conspiring to fix cargo rates, the Justice Department announced Friday.
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Face Off: Test-driving Gillette's new razor
General Motors' legendary CEO Alfred P. Sloan invented the annual styling change when he ordered a new body for the 1923 Chevrolet to cover up the car's nine-year-old technology. The new design made the old model feel out-of-date and was the first step in GM's drive to pass Ford Motor and its unchanging Model T to become the largest automobile company in the world.
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China says it tops Japan as No. 2 economy
China has surpassed Japan to become the world's second largest economy, lagging only behind the United States, a Chinese government official said in remarks published on Friday.
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