European unemployment soars

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

'The biggest turkey I ever hired'

Folks, this can't be cheering news for job hunters, but lots of companies big and small have declared hiring freezes lately - and most of their managers, it seems, are breathing sighs of relief.

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[Source: Financial news of the day - CNNMoney.com]

Poultry producer posts $800 million loss

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

OPEC to wait on output cut decision

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

How high earners can grab a Roth IRA

Paul Heck owns EveryHome, A successful real estate brokerage in suburban Philadelphia. The 53-year-old never considered making a Roth IRA part of his retirement plan. While Heck understands the substantial tax advantages of a Roth, he makes too much money to qualify. Recently, however, he got a tip from his financial planner about an upcoming change in the tax law that will allow Heck - and many other business owners - to seize a back-door opportunity to open a Roth.

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[Source: Financial news of the day - CNNMoney.com]

Billionaire Monster founder dies

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Holiday shoppers are spending

Holiday shoppers continued their trek to malls and big-box stores Saturday, amid early indications of slightly higher Black Friday sales to kick off the season.

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[Source: Financial news of the day - CNNMoney.com]

Cold shoppers seek hot toy deals

The hot pursuit of discounted toys and video games kept lots of shoppers waiting in the cold, dark night on Black Friday.

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[Source: Financial news of the day - CNNMoney.com]

Stocks: Brace for a rocky week ahead

Investors may be in for another challenging week as the market braces for the fallout from Black Friday sales and as a flurry of economic reports continue painting a dour picture.

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[Source: Financial news of the day - CNNMoney.com]

Cheap is the new black for retail

Americans may be descending on the malls today to hunt for bargains. But this is still expected to be a blue Christmas for many retailers and a gloomy end to what's turning out to be a dismal 2008.

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[Source: Financial news of the day - CNNMoney.com]

Hank, buddy, can you spare $700 billion?

Two readers weigh in with ideas on getting bailout dollars into the hands of consumers. Because if the Treasury chief can't decide how to spend it, we can.

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[Source: MSN Money Latest Articles]

Gas above $2 a gallon in only 3 states

Just 4-1/2 months after setting record highs, the average price of regular unleaded gasoline is above $2 a gallon in only 3 states and the District of Columbia, according to a survey released Sunday.

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[Source: Financial news of the day - CNNMoney.com]

Aon to cut up to 700 jobs

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Fed loans to banks increase in latest week

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Fed approves BofA's Merrill buyout

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Auto stocks surge, as bailout hopes grow

Shares of major U.S. auto makers surged Wednesday as investors wait for news on an industry bailout.

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[Source: Financial news of the day - CNNMoney.com]

Dow's winning streak rises to 4

Stocks surged Wednesday, with the Dow industrials and S&P 500 rallying for the fourth session in a row, as investors scooped up stocks hit in the recent selloff, ahead of the Thanksgiving holiday.

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[Source: Financial news of the day - CNNMoney.com]

Beware the Obama stimulus bubble

Death and taxes...and overexuberance by investors.

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[Source: Financial news of the day - CNNMoney.com]

Black Friday: It has to be big, and bold

Merchants know it's all or nothing when the clock strikes 12.01 a.m. Friday.

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[Source: Financial news of the day - CNNMoney.com]

Obama seeks Volcker's help

President-elect Barack Obama on Wednesday named former Federal Reserve Chairman Paul Volcker as the head of a special economic recovery advisory board.

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[Source: Financial news of the day - CNNMoney.com]

Credit card rates, fees marching up

Where is the consumer's share of the Fed's recent rate cut? Card issuers are raising fees and interest rates, even on good customers, to offset their losses. But you can take action.

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[Source: MSN Money Latest Articles]

Biggest durable orders drop in 2 years

Orders for durable goods declined sharply in October, marking the largest percent decrease in two years, the government reported Wednesday.

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[Source: Financial news of the day - CNNMoney.com]

Ask a credit or debt question, right now

Counselors from the National Foundation for Credit Counseling are the unbiased experts, and they're ready to help you on our Ask a Credit Counselor message board.

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[Source: MSN Money Latest Articles]

1st time ever: 10-year yield is below 3%

Demand for U.S. Treasury bonds surged Wednesday, lowering the yield on the benchmark note to an all-time low, as investors responded to grim economic data and falling mortgage rates.

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[Source: Financial news of the day - CNNMoney.com]

Why can't Microsoft make money online?

Struggle? You don't normally think of that word applying to the company Bill Gates founded. But there it is: Microsoft, one of the most aggressively competitive, brainiac-attracting, technologically superior, and oh, yes, cash-gushingly profitable companies of all time, can't for the life of it make a dime on the Internet.

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[Source: Financial news of the day - CNNMoney.com]

Fannie Mae plans reverse stock split

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Thanksgiving rally boosts Dow 247

Despite crummy economic news, the Dow and S&P 500 enjoy their biggest four-day percentagegains since the 1930s. Techs are strong, and General Motors and Ford jump on new bailout hopes. The Fed OKs the Bank of America-Merrill Lynch merger.

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[Source: MSN Money Latest Articles]

Get ready for a rebound

As the stock market convulses in 400-point spasms, holding to a steady course takes a lot of nerve. For some encouragement - and a few timely stock picks - we turned to Jeff Mortimer, chief investment officer of Charles Schwab's mutual funds unit.

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[Source: Financial news of the day - CNNMoney.com]

Oil jumps after China cuts rates

Oil prices rose Wednesday after a large rate cut from China's central bank offset concerns about falling demand from a large jump in domestic stockpiles, and a series of negative economic reports.

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[Source: Financial news of the day - CNNMoney.com]

Bailouts: $7 trillion and rising

The U.S. government is now willing to spend more than $7 trillion to help rescue the economy. That's about $23,000 for every American, and more than half of U.S. annual gross domestic product.

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[Source: Financial news of the day - CNNMoney.com]

Stimulus: The stuff Obama would build

America may soon get a whole lot of new stuff.

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[Source: Financial news of the day - CNNMoney.com]

Fannie and Freddie suspend foreclosures

Mortgage giants Fannie Mae and Freddie Mac have directed their network of servicers to halt all foreclosure and eviction proceedings between Nov. 26 2008 and Jan. 9, 2009, meant to give a recently announced rescue plan time to work.

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[Source: Financial news of the day - CNNMoney.com]

Mortgage rates plummet

Mortgage rates fell sharply yesterday after the administration announced that it will pump another $800 billion into credit markets to free up frozen consumer and mortgage lending.

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[Source: Financial news of the day - CNNMoney.com]

Bill and Melinda Gates go back to school

When Bill Gates gets worked up about something, his body language changes. He suspends his habit of rocking forward and back in his chair and sits a little straighter. His voice rises in pitch. Today the subject is America's schools.

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[Source: Financial news of the day - CNNMoney.com]

JPMorgan profit forecast slashed

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Mortgage-market revival: Try, try again

The feds are trying once more to resuscitate the mortgage market. But history shows reviving this patient won't be easy.

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[Source: Financial news of the day - CNNMoney.com]

Coming up: A huge pension bailout?

Falling markets and a sour economy have opened a gap of more than $200 billion in the pension plans of S&P 500 companies, including Ford and GM. Will taxpayers get stuck with the bill?

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[Source: MSN Money Latest Articles]

Dow struggles higher

The Nasdaq slipped Tuesday, but the Dow and S&P 500 ended higher for the third straight session as investors welcomed the government's latest efforts to jumpstart lending, but remained cautious.

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[Source: Financial news of the day - CNNMoney.com]

Year of the bailouts: It's all about timing

Now the clock is really ticking for Henry Paulson.

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[Source: Financial news of the day - CNNMoney.com]

Dow up 36 as Fed moves cheer traders

The government offers new initiatives to ease tight consumer credit markets and boost mortgage lending. Tech shares fall on Hewlett-Packard's weak outlook. But Google jumps on reports its lead in search has expanded.

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[Source: MSN Money Latest Articles]

It's do-or-die time for malls

In five short days, it could be the beginning of the end for some of the nation's malls.

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[Source: Financial news of the day - CNNMoney.com]

Obama picks a budget chief

President-elect Barack Obama on Tuesday nominated Peter Orszag to head the Office of Management and Budget (OMB), the president's chief number-crunching department, and said he sees "tough choices" ahead in determining programs to keep or cut.

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[Source: Financial news of the day - CNNMoney.com]

AIG chief slashes salary to $1

AIG Chief Executive Edward Liddy agreed to slash his annual salary to $1 as part of a series of voluntary pay restrictions by top executives tied to a massive $150 billion government bailout.

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[Source: Financial news of the day - CNNMoney.com]

Fed bets $800 billion on consumers

The Federal Reserve and Treasury Department on Tuesday unveiled a plan to pump $800 billion into the struggling U.S. economy in an attempt to jumpstart lending by banks to consumers and small businesses.

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[Source: Financial news of the day - CNNMoney.com]

Ford leads list of safest vehicles

Helped by the growing adoption of anti-rollover technology, Ford and its Volvo subsidiary placed 16 vehicles on the list, followed by Honda's 13 vehicles.

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[Source: MSN Money Latest Articles]

4 steps to protect your 401(k)

Even in turbulent times, don't be tempted to stop saving or cash out your retirement accounts.

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[Source: MSN Money Latest Articles]

UltraShort ETF bet pays off

Government fumbling and the Street's panicked response to somedire economic 'news' helped me score a 40% 2-day gain. Unfortunately, playing it safe has become harder to do.

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[Source: MSN Money Latest Articles]

4 Web sites that help you gift shop

SmartMoney test-drove free online personal shoppers, looking for presents that were clever, thoughtful and affordable. One Web site stood out from the rest.

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[Source: MSN Money Latest Articles]

Home prices by metro area

Home prices across the country fell 2.7% in the third quarter and 4% over the last 12 months-- the largest one-year drop on record, according to a government report. See how your community fared.

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[Source: MSN Money Latest Articles]

Thank you, Mr. Paulson

It is troubling to consider exactly how much money is being thrown at the economy. Taxpayers will eventually have to pay for all this somehow.

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[Source: MSN Money Latest Articles]

Bayer pays $97.5M to settle allegations

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

GM: Death of an American dream

Back in 2004, when it was still relatively flush, General Motors invited automotive journalists to the South of France for a three-day "global product seminar." The idea was that writers like me would drive new cars, consume loads of free food and wine, pal around with executives, and develop favorable opinions about GM.

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[Source: Financial news of the day - CNNMoney.com]

Dow jumps 397 on Citigroup rescue

Stocks enjoy a second straight big rally after the government steps in to save the troubled bank. President-elect Obama announces plans for a huge stimulus package. Energy stocks jump as oil shoots over $54. Most techs move higher; Apple rises nearly 13%.

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[Source: MSN Money Latest Articles]

Fitch: Morgan Stanley a survivor

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Johnson & Johnson among 10 stocks for today

One of the biggest and most diversified makers of health care products appears on an MSN Money list of recommended stocks. Here are StockScouter's top investment ideas.

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[Source: MSN Money Latest Articles]

Black Friday retailers hope for silver lining

Black Friday shopping is expected to decline slightly, but pent-up demand and lower gas prices may provide a small silver lining for the suffering retail industry, according to a survey released Tuesday.

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[Source: Financial news of the day - CNNMoney.com]

5 favorite sites for online coupons

Hundreds of Web entrepreneurs promote retailers' discounts, but the best sites offer more merchants to choose from and quickly weed out expired deals.

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[Source: MSN Money Latest Articles]

Consumers get their bailout...sort of

The government's latest entry in the alphabet soup cooked up to solve the credit crunch is here. Ladies and gentlemen, behold the TALF!

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[Source: Financial news of the day - CNNMoney.com]

United Airlines post nearly $1B collateral

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

The market's crystal ball is broken

Investors' views of the short- and long-term outlooks are wildly at odds. The uncertainty is causing chaos and creating buying opportunities.

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[Source: MSN Money Latest Articles]

Low rates aren't enough

As the U.S. government has injected hundreds of billions of dollars into the banking system, lending rates have finally stabilized around low levels last seen in 2004.

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[Source: Financial news of the day - CNNMoney.com]

A ray of hope in housing data?

Although a new report shows big overall drops in home values, localized foreclosure woes are distorting the overall picture.

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[Source: MSN Money Latest Articles]

Bail out Playboy bunnies!

Banks, automakers, now even my tot wants a bailout. Why stop? Here are more enterprises we could help while we're being silly.

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[Source: MSN Money Latest Articles]

Home prices in record decline

The home price plunge stayed on a record pace this summer, according to a widely watched gauge of national real-estate markets released Tuesday.

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[Source: Financial news of the day - CNNMoney.com]

Get a free credit report, and some help

MSN Money and its partners are offering 10,000 readers a year of credit monitoring, plus unlimited access to Experian scores and credit reports, with no strings attached.

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[Source: MSN Money Latest Articles]

Citigroup rescue may give stocks a boost

Details are starting to emerge on a potential rescue of Citigroup, andfutures traders are cheering the news. Stocks soar on Friday on news the president-elect has tapped the New York Fed's Tim Geithner as Treasury secretary. Wal-Mart picks a new CEO.

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[Source: MSN Money Latest Articles]

The coming hedge fund meltdown

Hedge fund managers made huge sumswhile markets were stable, predictable and going up. But times -- and fortunes -- are changing.

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[Source: MSN Money Latest Articles]

How to invest in the Obama recovery

Elected to fix the economy, the incoming president has signaled a commitment to focusing on 3 areas. Savvy investors can follow these trends for personal profit.

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[Source: MSN Money Latest Articles]

Ford mulls corporate jet sale

Read full story for latest details.

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[Source: Financial news of the day - CNNMoney.com]

Laid off? Your work's just starting

You'll face decisions in a number of areas, including health insurance, retirement planning, job hunting and the kids' college costs. There's lots of advice out there, but weigh it carefully.

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[Source: MSN Money Latest Articles]

Dow up 151 in late-day rally

But major indexes are at levels last seen in 2003, and futures trading suggests a weak Wednesday open. Hewlett-Packard earnings cheer. Automakers plead for help from Congress; Chrysler says it's almost out of cash. Home Depot earnings are better than expected.

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[Source: MSN Money Latest Articles]

Obama picks Summers as top economic adviser

President-elect Barack Obama is expected to nominate Harvard economist Lawrence Summers as head of the National Economic Council, making him Obama's top economic adviser in the White House, two sources close to the transition told CNN.

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[Source: Financial news of the day - CNNMoney.com]

Week ahead: Hoping for Thanksgiving cheer

Wall Streeters returning to work Monday have at least one thing they can be thankful for: Thanksgiving is one less day the market is open.

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[Source: Financial news of the day - CNNMoney.com]

How to thrive when this bear dies

You can't know when the market blues will end, but you should start preparing now for an upturn. Here is a 3-part strategy for the recovery, whether the long-term outlook is poor or not.

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[Source: MSN Money Latest Articles]

The bailout is turning into a fiasco

All my indicators show this market is getting more bearish, and the government's 'plan' to save us from this mess is not helping. Here are some simple ideas that might work better.

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[Source: MSN Money Latest Articles]

Calling the capitulation point

It's time to buy companies that will participate in the rebuilding of America.

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[Source: MSN Money Latest Articles]

Retired from GM: One worker's fears

Standing at the factory gate he once entered for 33 years is like visiting a cemetery for George Hall.

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[Source: Financial news of the day - CNNMoney.com]