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Financial news of the day - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
  • GM won't advertise in the 2013 Super Bowl
    General Motors will not advertise during this year's Super Bowl game, the automaker said Friday.
  • Postal Service's next deadline: Aug. 1
    The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.
  • New York penthouse sells for a record $90 million
    An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.
  • Stocks: Worst week of the year
    Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.
  • Facebook trading sets record IPO volume
    Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price.
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