Latest financial news - CNNMoney.com
FDIC announces 124th bank failure
State regulators shuttered Commerce Bank of Southwest Florida in Fort Myers, Fla., Friday night, bringing the 2009 national tally to 124.Mortgage modification hurts your credit
QUESTION 1: I wanted to know if you could tell me how much longer the tax credit for first-time homebuyers will be available? I am a US citizen living abroad and plan to purchase a condominium in Texas-would this tax credit apply to me for that? --AnonymousSenate tax hike misses the mark
The health care bill that passed a crucial test vote in the Senate on Saturday is proof that getting reform passed and getting it right are two very different things.Toys R Us to open at midnight on Thanksgiving
For some Black Friday shoppers, a 5 a.m. start just isn't early enough, so Toys R Us has upped the ante.How an ex-con landed a job
Gregory Headley got himself a job.2010 outlook: Flat is the new up
If 2008 was the year the stock market almost died and 2009 was the year that the market miraculously sprung back to life, then what will 2010 be?Gold climbs to record high
Read full story for latest details.Short-term Treasurys rally
Read full story for latest details.Poll: More blame Democrats for recession
Nearly two years into the recession, opinion about which political party is responsible for the severe economic downturn is shifting, according to a new national poll.Richest dead celebrity: Bob Marley
Is reggae superstar Bob Marley bigger than Jesus? That's debatable, but the music legend who died 28 years ago is about to challenge Elvis Presley and Michael Jackson for the title of richest dead celebrity.Pen 2.0: Your scribblings go digital
As founder and creative director of Art Street Design, a graphic-design studio, I'm pretty familiar with pens and computers. (We make all sorts of marketing materials for companies, from invitations to Web sites.) But in my 13 years of running the company, I hadn't seen anything like a smartpen until recently.Unemployment rates rise in 29 states
A growing number of states reported rising jobless rates in October, and thirteen states reported unemployment rates above the national average of 10.2%, according to a government report released on Friday.Wall Street: Mixed week ends on a low note
Stocks fell Friday, capping a mostly down week, as investors remained jittery about the economy and the outlook for the technology sector.Oil continues slide as dollar strengthens
Oil slipped nearly 1% to below $77 on Friday as a stronger dollar weighed on prices and falling equities raised concern about the economy and the outlook for energy demand.Dollar gains ground
The dollar rose for a second straight session Friday as investors cut exposure to risky assets and high-yield currencies ahead of a holiday-shortened week in the United States.Stocks set for another slump
U.S. stocks futures fell on Friday, as investors expressed wariness following Dell's disappointing earnings.The CEO and the owner broke up. Now what?
The news that Los Angeles Dodgers owners Frank and Jamie McCourt are divorcing came with a bitter kick: Team chairman Frank's first move against his soon-to-be-ex was to fire her from her job as the Dodgers' chief executive.Dirty secrets of Black Friday 'doorbusters'
Here's a Black Friday reality check: Of the hordes of pre-dawn shoppers who line up for hours outside stores on the day after Thanksgiving, most will not bag the best bargains that appear in merchants' circulars.Oprah to end talk show in 2011
Oprah Winfrey knows how to keep viewers on the edge of their seats.Gap profit spikes 25%
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