Business » Finance

1 thru 10 of 2346 Stories

After 5 Years: Stock Funds Gaining More Believers

By Stan Choe | Jan 30
Last year was the second in a row that investors put more money into U.S. stock funds than they took out. Now that stocks have roughly tripled since hitting a bottom in March 2009, faith is building.

Euro Plunges, but European Brands Still Pricy in US

By Scott Mayerowitz, Anne D'Innocenzio | Jan 29
Americans hoping to save on European goods thanks to a falling euro shouldn't rush to uncork that bottle of French Bordeaux. There's very little to celebrate.

Investors Crave Shake Shack

Jan 29
Investors apparently have a craving for a better burger. Hamburger chain Shake Shack Inc. has priced its initial public stock offering at $21 per share, above its proposed range of $17 to $19 per share.

Average Rate on 30-Year Mortgage Falls to 3.63 Pct.

Jan 26
Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage slipped further below 3 percent.

Firms Pour Cash on Tech Startups, is Bubble Brewing?

By Brandon Bailey | Jan 23
Cash rained down on startups in 2014, as venture capitalists poured a whopping $48.3 billion into new U.S. companies - levels not seen since before the dot-com bubble burst in 2001. So are we approaching another bubble?

Fund Supported by Auto Show Preview Awards $4.2M

Jan 20
The Detroit Auto Dealers Association Charitable Foundation Fund has awarded more than $4.2 million in grants over the past 15 years.

Obama Aims to Influence 2016 Debate with State of the Union

By Julie Pace | Jan 20
Defiant in the face of the new Republican majority, President Barack Obama wants to raise taxes on the wealthiest Americans, then funnel the revenue into tax cuts for others and programs to make community college and child care more affordable.

Average Rate on 30-Year Mortgage Falls to 3.66 Pct.

Jan 19
Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.

What Obama, Auto Executives Say About Low Gas Prices

Jan 19
Some reaction from auto executives - and the nation's chief executive - to low gasoline prices and their impact on the industry and consumers.

Job Market, Gas Prices Linked to Economic Optimism

Jan 16
A CBS News poll suggests Americans are suddenly feeling much better about the economy. The optimism is tied to local job markets and the plummeting price of gas. Anthony Mason breaks down the numbers.

1 thru 10 of 2346 Stories