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Stocks ended the day little changed after the Federal Reserve did, well, what it was expected to do. I'm Gerri Willis in New York for CNN. com. The Fed, one last time under Alan Greenspan, raised its
Investors don't buy Russian shares looking for small gains, they do it to make a killing. With that potential comes high risk. That's why Russian companies like steel giant Severstal are flocking to t
NASCAR has been an American institution for 53 years. The drivers, the fans, the cars, a symbol of America. But the tires, that could be a different story in the future. Goodyear has an exclusive cont
It happened back in 1989, but the lawsuit is still being fought, and the latest round goes to Exxon. A Federal Appeals Court cut the amount of punitive damages Exxon owes nearly in half to 2.5 billion
Good afternoon, everybody. So glad you with us. I'm Catherine Callaway at the CNN Center in Atlanta with a look at what's happening NOW IN THE NEWS. A record turnout is expected in Florida where voters are casting ballots for their presidential nomi
Good afternoon I'm Naamua Delaney at the CNN Center in Atlanta. Here's a look at what's happening NOW IN THE NEWS. If you are flying on American or Delta today, do yourself a favor and check the status of your flight before you leave home. Both airl
Script: Thank you. And with that, it is the start of another day of trade. Also I thought, here at the Ho Chi Minh City Stock Exchange, it takes more than a few bangs of the gong to get things going. Various VIPs make a go and champagne is served. I
In this presidential election, the big names are taking no prisoners in their quest for cash. And now Wall Street's big rollers are doling out the big bucks voting with money. Erin Burnett is Following the Money tonight. The numbers for the first qu
I think it changes the power dramatically. If you are a smart person, somewhere in the world, you can be connected in real time and be followed into a process anywhere in the world. You couldn't, let's say five years ago, you had to physically move t
Chung Mong-koo, the chairman of South Korea's largest carmaker Hyundai Motor, has been handed a three-year jail sentence in what many here believe is a compromise in a raging debate between those who believe that South Korea should improve its intern
This refinement to our relationship with IBM's ? in this guise of a win-win relationship. William Amelio is a corporate pioneer, the man whose job's been to manage the merger of an American icon with a mainland Chinese company. Amelio, formerly the h
Intel says it's developed a programmable processor that can perform about a trillion calculations per second. That's trillion with the T, a one followed by 12 zeros. Just to give you some perspective here. The company says it can put on a chip the si
Starbucks founder and Chairman Howard Schultz with a warning and a challenge for his ever-expanding coffee empire, Schultz sees a threat to his brand, a problem that could impact everything that's made Starbucks the great American success and growth
It's the worst one-day sell-off on Wall Street since after the 9/11 attacks. Stock prices plunged today across the board and around the world. The Dow Jones Industrial Average was down about 416 points at the closing bell and at one point it fell un
The reality is that the level of distress here definitely knocked down a couple of notches today. Stocks ended slightly higher, investors paid little attention to a worse-than-expected inflation report, and comments from former Fed Chairman Alan Gre
Valerie Morris: I have to tell you (it) was another down day on Wall Street, ending a down week. Earlier in the week it was the Subprime Mortgage story, now renewed concerns about inflation, consumer prices rose a little bit more than expected in Fe
China has never hidden its desire to become a major force in the aviation and aerospace industries. And Sundays announcement that it plans to challenge Airbus and Boeings current duopoly by building big passenger jets isnt exactly a shock. I dont th
Stocks were treading water ahead of that Federal Reserve announcement and then exploded higher.After discussing the state of the economy for two days,the Fed kept its key short term interest rate unchanged at 5.25%.But that's not what actually spark
Mr. Alan Blinder is a big free-trade proponent. He is perhaps rethinking his position, (从jeff处借鉴得来~ ) partly because free-trade could see the eventual outsourcing of some 40 million American jobs. I just wanted to emphasize that, because it is
Music group EMI has announced a U-turn that would make it easier for many to download and listen to digital music. Now for the first time it's going to sell tracks without digital rights management or DRM. It's a technology that allows media compani