cnn money

According to CNN Money, the amount of spending the U.S. federal government oversees is actually sitting at a multi-decade low. CNN Money, citing the Congressional Budget Office (CBO), reported on Monday that within 10 years, defense and domestic spending is on pace to decline to the lowest level as...

Neuromama Ltd (OTC: NERO), a $35 billion company that operates a search engine and is shrouded in mystery, saw its shares halted by the Securities and Exchange Commission (SEC) on Monday. Neuromama trades on the over-the-counter market in the United States, and shares have been halted since the...

Target Corporation (NYSE: TGT)'s entry into a hot topic debated among "Main Street" resulted in a boycott against the retailer that may have affected its sales performance. Target took a political stance earlier this year and said that guests and employees are free to choose whichever bathroom...

Aetna Inc (NYSE: AET), one of the largest healthcare benefits companies, provided an update on the company's 2017 participation in the Affordable Care Act, also known as Obamacare. In a press release issued Monday evening, Aetna CEO Mark Bertolini said the company decided to reduce its individual...

Verizon Communications Inc. (NYSE: VZ) doesn't want to be your preferred carrier alone. Rather, it wants its technology to be a part of every mobile gadget and automobile. The telecom giant's latest moves vindicate the above argument. Before investors digest its $4.8 billion deal to buy the core...

Apple Inc. (NASDAQ: AAPL) reported on Tuesday better-than-expected third-quarter earnings results, and as an appropriate follow up, the company said it has officially sold more than one billion iPhone devices. Apple said in a press release that at some point last week the company sold the billionth...

Americans earn on average $828 a week, according to CNN Money, which cited data from the U.S. Department of Labor. The rise in average salaries marks a significant improvement from $730 per week during the peak of the Great Recession, and businesses are now feeling the pressure to pay...

U.S. equities have emerged as safe havens for investors, despite the gloomy picture painted by Republican candidate Donald Trump, according to a report on CNN Money. The U.S. stock market is sitting near record highs and the Dow has gained 3,100 points since its mid-February low. U.S. Safe Havens "...

Here's a little known fact: VCRs have officially survived the rising popularity of DVDs, Blue-rays and online streaming video services. According to CNN Money, Japan-based Funai Electric is believed to be the world's last VCR manufacturer and actually sold 750,000 units last year. However, the...

If any company is to achieve a $1 trillion valuation, it would be Apple Inc. (NASDAQ: AAPL), right? Not so fast. CNN Money's Paul LaMonica made the case that Facebook Inc (NASDAQ: FB) could nearly triple in size from its current $350 billion valuation and be worth $1 trillion. Which of...

Twitter Inc (NYSE: TWTR)'s stock has lost nearly 50 percent over the past year, and even if the stock were to erase all of the past year's losses, it is still far removed from its all-time high of $74. If Twitter needs to be saved, it could find a savior from an unlikely source: the presumed...

U.S. stock indices peaked mid-2015 and it took more than a full year to trade at record levels. On Friday, the Dow Jones Industrial Average hit a new intra-day, all-time high of 18,557.43. This begs the question: When will the Dow trade at 20,000? As noted by CNN Money's Paul LaMonica, the Dow...

Amazon.com, Inc. (NASDAQ: AMZN)'s stock has surged nearly 70 percent over the past year and was seen trading above its 52-week high of $739.55 ahead of Friday's market open. Amazon's stock surge has benefited investors and helped propel the company's founder and CEO, Jeff Bezos, to top ranks of the...

Facebook Inc (NASDAQ: FB) is the latest big-name tech company to answer questions regarding its tax bill. This week, the U.S. Justice Department filed a petition to force Facebook to comply with an investigation into property the company transferred to an Ireland subsidiary for tax purposes back in...

London is one of the most expensive cities in the world to live in and visit. According to the UK-based Telegraph, London ranked the sixth most expensive city in the world — its highest level on the "Worldwide Cost of Living" survey since 2007, when it ranked third at that time. However, it...