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Latest financial news - CNNMoney.com

Published: May 21, 2012 3:25:13 PM © 2012 Cable News Network LP, LLLP.
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
  • May 21, 2012 2:15:37 PM
    JPMorgan Chase's multibillion trading loss will be forgotten before the year is through, Chief Executive Jamie Dimon predicted Monday at the Deutsche Bank Global Financial Services Investor Conference.
  • May 21, 2012 3:24:48 PM
    Traders weren't expecting Facebook to make its big stock market debut at the sound of the opening bell last Friday, but they weren't anticipating a two-hour delay either.
  • May 21, 2012 1:25:59 PM
    When Yahoo decided to sue Facebook for patent infringement a few months ago, many tech watchers felt that this was a desperate act by a company whose best days were long behind it.
  • May 21, 2012 12:12:17 PM
    A top regulator said on Monday that tougher rules are needed for international trades to prevent the financial collapse of 2008 and recent losses by JPMorgan Chase.
  • May 21, 2012 1:55:25 PM
    Chrysler Group is recalling about 68,000 Jeep Wranglers in the U.S. for a problem that has lead to fires in some cases.
  • May 21, 2012 10:37:08 AM
    In a scolding letter sent to Google on Monday, European regulators outlined their "concerns" about Google's business practices, giving the search giant "a matter of weeks" to shape up or pay up.
  • May 21, 2012 2:11:59 PM
    A plunge in Facebook's stock didn't faze the broader U.S. market Monday. U.S. stocks bounced back from their worst week of the year on renewed optimism that European leaders would find a way out of the sovereign debt crisis.
  • May 21, 2012 9:50:09 AM
    Is there a conflict of interest when bankers like JPMorgan Chase CEO Jamie Dimon serve on the board of the same institution that regulates them?
  • May 21, 2012 3:01:20 PM
    Facebook's stock slid below its offering price in morning trading on Monday and stayed below that level, following a lackluster debut day.
  • May 21, 2012 6:54:22 AM
    You may be thrilled that you or your child has found The One, but you could be forgiven for worrying about The Cost.
  • May 21, 2012 8:32:21 AM
    U.S. stocks were poised to rebound Monday, after closing out one of the worst weeks of the year, as investors pinned their hopes on European leaders' abilities to manage the continent's debt crisis.
  • May 21, 2012 12:31:09 PM
    When Facebook CEO Mark Zuckerberg rang the Nasdaq opening bell on Friday to mark Facebook's public debut, he also rang in a crop of new millionaires and billionaires.
  • May 21, 2012 5:55:33 AM
    In late March, Stephen Colbert expanded his super PAC experiment, admonishing his late-night viewers to start organizations of their own on college campuses across America.
  • May 21, 2012 5:49:03 AM
    As if the debt crisis in Europe and a slow economic recovery aren't enough to deal with this year.
  • May 21, 2012 5:22:44 AM
    As Iran continues to grapple with the West over its nuclear ambitions, experts say the nation could double its already sizable oil output if sanctions were lifted to allow foreign investment into its oil industry.
  • May 21, 2012 9:51:10 AM
    Efforts to keep Greece out of default and in the eurozone grow more uncertain by the day.
  • May 20, 2012 8:51:00 PM
    One thing seems clear about JPMorgan Chase's $2 billion loss. It's no longer $2 billion. It's likely much higher.
  • May 20, 2012 8:20:19 PM
    The chief executive of Nasdaq OMX said he was "embarrassed" after technical glitches caused Facebook's widely-anticipated IPO to be delayed Friday, according to several news reports.
  • May 21, 2012 4:52:08 AM
    Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.
  • May 20, 2012 3:16:07 PM
    Facebook is finally public, but that won't solve Greece's problems.
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