Grieving parents drowning in $200,000 student loan debt receive relief

Lisa Mason (left) passed away 5 years ago, and her parents got hit with her six-figure student loan debt. NEW YORK (CNNMoney) After a CNNMoney story about the family's situation ran Tuesday, hundreds of readers reached out to offer words of encouragement...

10.21 | 0 komentar | Read More

Kim Kardashian's game makes $700,000 a day

Hitting the hottest clubs with the virtual Kim Kardashian will make you a Hollywood A-lister in no time. NEW YORK (CNNMoney) "Kim Kardashian: Hollywood" from Glu Mobil lets you create an avatar that can work to achieve virtual A-list status....

10.21 | 0 komentar | Read More

BofA hit with $1.3 billion mortgage penalty

NEW YORK (CNNMoney) Bank of America (BAC) has been ordered to pay a nearly $1.3 billion penalty for mortgage fraud committed by Countrywide. The fraud happened years before BofA bought the struggling lender amid the financial crisis, saving it from...

10.21 | 0 komentar | Read More

BuzzFeed fires viral politics editor for plagiarizing

NEW YORK (CNNMoney) BuzzFeed editor in chief Ben Smith said he and his colleagues had identified "41 instances of sentences or phrases copied, word for word, from other sites, many of them inappropriate sources in the first place," during a review...

10.20 | 0 komentar | Read More

There's no place like the economy

NEW YORK (CNNMoney) The curtain is about to be pulled back to reveal some key economic data. Here's what you need to know. It's the economy, stupid: Investors will have to wait until Friday for the main event of the week: the all-important July...

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Scandal-ridden food processor issues recall

NEW YORK (CNNMoney) Husi did not specify how much food it will recall but promised an internal investigation and new management of the Shanghai plant. The Saturday announcement also pledged cooperation with authorities, who ordered the facility closed...

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Mary Poppins won't work for minimum wage

NEW YORK (CNNMoney) But in a parody from Funny or Die, the Disney character (played by Kristin Bell) is quitting her job because that's all the Banks family will pay her. She struggles to make ends meet while making $7.25, the federal minimum...

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Lyft gets the green light in New York City

Rideshare app Lyft, known for the pink mustaches on car grills, will launch in New York on Friday NEW YORK (CNNMoney) After two weeks of sparring with New York City taxi regulators, rideshare app Lyft can start serving the five boroughs -- provided...

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Would-be giant in online house hunting has brokers scared

NEW YORK (CNNMoney) The rumored deal -- the companies won't confirm it -- sent the companies' stocks soaring Friday as the chatter gathered steam. The companies don't charge for publishing these listings of homes for sale, but they do charge...

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Amazon plunges 10% on big loss

Amazon's non-shipping efforts, like its first smartphone, aren't cheap. NEW YORK (CNNMoney) Shares plunged 10% in extended trading Thursday after the tech giant reported a larger than expected loss. While sales rose 23%, the company recorded...

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For sale: Town of Alladin, Wyo., for $1.5 million

NEW YORK (CNNMoney) Located 80 miles northwest of Rapid City, SD, this 30-acre hamlet features a 126-year-old general store and post office, a bar and homes for the town's 15 full-time residents. And the whole town can be yours for the bargain...

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3 things that will drive your life insurance premiums through the roof

NEW YORK (CNNMoney) But just how much does your age, gender or smoking habit cost you? InsuranceQuotes.com evaluated life insurance premiums for the top 25 carriers in the nation to find out. Men pay an average of 38% more than women for the...

10.21 | 0 komentar | Read More

Gun maker relocates fearing stricter state laws

The gun manufacturer said that is "very worried" about keeping a factory in Maryland. NEW YORK (CNNMoney) The gun manufacturer said Tuesday that it is "very worried" about keeping a factory in Maryland. While proposed gun laws that would have...

10.20 | 0 komentar | Read More

Get ready for craft beer with a Latin twist

NEW YORK (CNNMoney) Among them is Juan Camilo, a 28 year old Dominican-American entrepreneur who two years ago turned his beer brewing hobby into a full-fledged business. He quit his job on Wall Street and, with a home-made recipe and a passion for...

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Dark Mail: Email that hides from the NSA

Ladar Levison, the guy behind Lavabit, is launching Dark Mail to encrypt emails so the NSA doesn't even know who's talking. NEW YORK (CNNMoney) But there's one tool that could make it much more difficult for the NSA to spy on you. Meet Dark Mail,...

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Netflix passes 50 million subscribers

Netflix recently premiered the second season of its hit series Orange Is The New Black. NEW YORK (CNNMoney) The streaming video service said Monday that it now boasts over 50 million members in 40 countries, including 36 million in the United...

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$24 billion tobacco verdict: One down, 5,130 to go

NEW YORK (CNNMoney) R.J. Reynolds Tobacco Co. (RAI) -- maker of the Camel, Kool and Pall Mall brands -- still has about 5,130 cases to fight. They're the remnants of a Florida class action lawsuit from the 1990s that was dismantled but allowed to...

10.21 | 0 komentar | Read More

Israeli tech talent tapped to fight in Gaza

Vaknin (center) with his army unit in 2009; Vaknin with Ido Aharoni, Consul General of Israel in New York NEW YORK (CNNMoney) Lior Vaknin, 27, is no exception. He served as a special forces paratrooper in the Israeli army from 2006 to 2009, and...

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Wall Street reform law only half done

Percentage of the 398 required rules that have been finalized. NEW YORK (CNNMoney) While regulators have sped up the pace of finalizing the complex batch of regulations required by Dodd-Frank, there's clearly a lot more work ahead. According...

10.20 | 0 komentar | Read More

What really happened with NBC and Ayman Mohyeldin

Journalist Ayman Mohyeldin. NEW YORK (CNNMoney) His exit from Gaza had caused an uproar among his fans and fellow correspondents, some of whom wondered if Mohyeldin, the network's only Arab-American correspondent in the region, was being censored...

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Millennials say no to marriage

NEW YORK (CNNMoney) Today's young adults are on track have the lowest rates of marriage by age 40 compared to any previous generation. If the current pace continues, more than 30% of Millennial women will remain unmarried by age 40, nearly twice the...

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Can Malaysia Airlines survive latest tragedy?

Four months after a Malaysia Airlines plane goes missing, another one of its passenger jets is shot out of the sky. NEW YORK (CNNMoney) The tragic events have taken the lives of 537 people in all, and brought devastation to their families. ...

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Can this British designer save Coach?

Coach has hired Stuart Vevers to try to revive a brand that has been around since 1941. NEW YORK (CNNMoney) The British designer was hired last year to revive the Coach brand, a comeback that may be even harder to pull off than Martha Stewart's....

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Snowden asks hackers to protect whistleblowers

Ex-NSA contractor Edward Snowden, exiled in Russia, speaks via video connection to a crowd of hackers in New York City. NEW YORK (CNNMoney) Daniel Ellsberg, who famously released the Pentagon Papers, and former NSA contractor Edward Snowden spoke...

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Murdoch says he can't buy Tribune but mum on Time Warner

NEW YORK (CNNMoney) "Sorry can't buy Trib group or LA Times -- cross-ownership laws from another age still in place," Murdoch tweeted late Thursday night. Murdoch was referring to Federal Communications Commission rules that limit how many newspapers...

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Retirement accounts hold record balances

Fidelity says the stock market helped lift retirement balances to a record high. NEW YORK (CNNMoney) The average balance in a Fidelity Individual Retirement Account (IRA) rose 15% on an annual basis in the second quarter to $92,600 -- an all-time...

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Facebook says: If you Like it, Buy it.

NEW YORK (CNNMoney) The social media giant announced Thursday that it's testing a new Buy button feature with "a few" small and medium-sized businesses across the country. The button is available on the mobile and desktop version of Facebook...

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Google's money machine is going strong

Google co-founder and CEO Larry Page. NEW YORK (CNNMoney) Google (GOOGL, Tech30) reported another quarter of surging sales growth Thursday, with revenue rising 22% versus last year. The news sent the stock rising 1.6% in after-hours trading....

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FedEx indicted for shipping drugs sold online

Prosecutors say FedEx knowingly shipped prescription drugs from illegal online pharmacies to addicts and dealers. NEW YORK (CNNMoney) The shipping giant, however, said it is innocent and will plead not guilty. While some Internet pharmacies...

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Asian stocks decline after plane crash

HONG KONG (CNNMoney) Japan's Nikkei tumbled by 1.4%, followed by a 0.7% drop on Hong Kong's Hang Seng Index. Markets in Malaysia fell 0.4%, with aviation stocks taking a hit after a Malaysia Airlines plane crashed in a rebel-controlled part of...

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How the working class networks

NEW YORK (CNNMoney) In the social media--hungry world, it's never long after someone identifies a gap in the market that an entrepreneur comes up with a whiz-bang way to fill it. Consider social networking, for example. One group in particular has...

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Reimagining labor: Saket Soni is fighting for the future of work

NEW YORK (CNNMoney) Some begin with a dial-in, some with the tchwap of butcher paper tearing — a fresh sheet for a group strategy session. Others are free-form, like when Soni counseled a woman struggling to organize construction workers. They walked...

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NFL Sunday Ticket coming to smartphones

Score one for mobile devices. NEW YORK (CNNMoney) DirecTV is offering NFL fans the chance to stream every out-of-market game of the upcoming regular season on a computer, smartphone or tablet, even if they don't have a satellite TV account. ...

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