Incomes bounce back in February

NEW YORK (CNNMoney) Personal incomes rose 1.1% in February, while spending rose 0.7%, the Commerce Department said. Both figures were larger than expected. Economists were expecting a 0.8% rise in incomes and a 0.6% gain in spending, according...

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Fortune Brainstorm Podcast: Lena Dunham

NEW YORK (Fortune) Fortune wants to make it even easier for you to eavesdrop. The weekly Fortune Brainstorm podcast features recorded conversations from Fortune's live events. In this week's installment, actor and writer Lena Dunham -- creator...

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Feds turn up heat on hedge-fund mogul Steven Cohen

Steven Cohen of SAC Capital. NEW YORK (CNNMoney) Michael Steinberg, apprehended in Manhattan on Friday morning, is one of at least seven current or former SAC Capital employees to be charged in insider-trading cases over the past few years. ...

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Samsung Galaxy S4 pre-orders start April 16 for $250

The Samsung Galaxy S4 will go on pre-sale for AT&T customers on April 16 for $250. NEW YORK (CNNMoney) The new smartphone will be available for pre-order on April 16 for AT&T (T, Fortune 500) customers, but there's still no word when the...

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Facebook's Mark Zuckerberg faces $1 billion tax bill

Facebook's IPO made founder Mark Zuckerberg a billionaire -- but left him with a tax bill likely to top $1 billion. NEW YORK (CNNMoney) Zuckerberg's whopping tax hit stems from his move last May to increase his stake in Facebook. On the day of...

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Defense cuts furloughs to 14 days, from 22

The Pentagon announced fewer furlough days for civilian workers on Thursday. WASHINGTON (CNNMoney) Defense Secretary Chuck Hagel announced Thursday that the agency has been able to cut back on unpaid work days for its civilian workers because Congress...

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BlackBerry preview: Don't expect clarity on Z10 sales

NEW YORK (CNNMoney) The name change, announced during the January launch of the long-delayed BlackBerry 10 operating system, is meant to signal a new era for BlackBerry. But this quarter won't tell much about BlackBerry 10's success or failure. The...

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Cyprus banks to reopen with strict cash limits

Cypriots, angered by the terms of the EU bailout, will get to take money out of their banks again Thursday. LONDON (CNNMoney) For the first time since the euro was launched on Jan 1, 1999, a member country will restrict how much money individuals...

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Bankruptcy judge OKs American-US Airways merger

American Airline planes are seen at the Miami International Airport on February 7, 2013 in Miami, Florida. NEW YORK (CNNMoney) US Airways and American Airlines announced plans last month to join forces in an $11 billion deal to create the world's...

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T-Mobile blows up cell phone pricing model

NEW YORK (CNNMoney) Oh, and it now offers that quaint little device called the iPhone 5. Though T-Mobile has only activated the 4G network in Baltimore, Houston, Kansas City, Las Vegas, Phoenix, San Jose, and Washington D.C. for now, the company...

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Buffett on track to be top Goldman shareholder

Warren Buffett's Berkshire Hathaway will become a long-term investor in Goldman Sachs. NEW YORK (CNNMoney) Goldman (GS, Fortune 500) said Tuesday that Buffett's firm Berkshire Hathaway (BRKA, Fortune 500) would receive a large block of the investment...

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Stakes high as Cyprus sweats bank controls

Riot police block students protesting against the terms of Cyprus' bailout LONDON (CNNMoney) Unable to prop up its banks, Cyprus on Monday accepted a 10 billion euro bailout from the European Union. In return, it agreed to raise billions from big...

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Florida Gulf Coast apparel sales soar on NCAA success

Florida Gulf Coast fans cheer on the team's win in its Friday game against Georgetown. NEW YORK (CNNMoney) Sales at the school's on campus book store shot up 1,000% on Saturday, the day after its upset win versus Georgetown, compared to a year...

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Tesla shares jump following Elon Musk tweet

Click the chart for more info. NEW YORK (CNNMoney) Tesla (TSLA) shares jumped Monday afternoon after Elon Musk, CEO of the electric-car maker, tweeted that there was a "Really exciting @TeslaMotors announcement coming on Thursday." "Am going...

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Cyprus banks to stay shut after bailout

LONDON (CNNMoney) Cyprus agreed early Monday to raise billions of euros from big depositors at the Bank of Cyprus and Popular Bank of Cyprus, and to shrink its banking sector dramatically, in return for a €10 billion European Union rescue package....

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Cyprus endgame: What happens if its banks collapse?

A banking collapse would likely lead to Cyprus' exit from the eurozone. The ramifications of that are unknown. LONDON (CNNMoney) The European Union wants the beleaguered country to find nearly €6 billion to add to a €10 billion bailout program...

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Stocks: Eyes on Cyprus

Click the chart for more stock market data. NEW YORK (CNNMoney) U.S. markets will be closed on Friday in observance of Good Friday. Negotiations between Cyprus and its would-be bailout partners in the European Union and International Monetary...

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'Only hard choices' for Cyprus

LONDON (CNNMoney) Negotiations between Cyprus and its would-be bailout partners at the European Union and International Monetary Fund continued through the weekend as the clock ticks down on the country's economy and its place in the eurozone. ...

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Google Keep is a note-taking app with great potential

Google Keep has a lot of potential. NEW YORK (CNNMoney) Before the arrival of Keep, which Google launched this week, there was no default note-taking app for Android. It was a glaring hole, considering that Apple's (AAPL, Fortune 500) iPhone has...

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Cyprus endgame: What happens if its banks collapse?

A banking collapse would likely lead to Cyprus' exit from the eurozone. The ramifications of that are unknown. LONDON (CNNMoney) The European Union wants the beleaguered country to find nearly €6 billion to add to a €10 billion bailout program...

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Cyprus bailout: Bank tax plan still unresolved

LONDON (CNNMoney) The tiny island nation needs to find a way to raise nearly €6 billion to satisfy the conditions of a €10 billion EU rescue or face economic meltdown when banks reopen Tuesday after a 10-day hiatus. Late Friday, after a long debate,...

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Fortune Brainstorm podcast: Sheryl Sandberg

NEW YORK (Fortune) Fortune wants to make it even easier for you to eavesdrop. The Fortune Brainstorm podcast is a weekly show that features recorded conversations from Fortune's live events. In this week's installment, Facebook's (FB) Sheryl Sandberg...

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Google Keep is a note-taking app with great potential

Google Keep has a lot of potential. NEW YORK (CNNMoney) Before the arrival of Keep, which Google launched this week, there was no default note-taking app for Android. It was a glaring hole, considering that Apple's (AAPL, Fortune 500) iPhone has...

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Cyprus moves closer to bailout

LONDON (CNNMoney) The tiny island nation needs to find a way to raise nearly €6 billion to satisfy the conditions of a €10 billion EU rescue or face economic meltdown when banks reopen Tuesday after a 10-day hiatus. Lawmakers passed bills to create...

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Miami Heat's winning streak sparks sales rush

Fans are snapping up Miami Heat uniforms and other merchandise during the team's current winning streak. NEW YORK (CNNMoney) Sales of Heat items are up 30% year-to-date compared to 2012, according to SportsOneSource, a research service that tracks...

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Rajaratnam's brother faces insider trading charges

Raj Rajaratnam, Rengan's older brother, leaves court after he was sentenced to 11 years in jail in October 2011. NEW YORK (CNNMoney) Federal officials announced Thursday that Rajaratnam, 42, has been charged with insider trading in connection with...

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Saturday mail delivery should stay - U.S.

The U.S. Postal Service must deliver the mail six days a week. WASHINGTON (CNNMoney) The legal opinion from the nonpartisan agency throws new questions on the Postmaster General Patrick Donahoe's plans to stop delivering first-class mail, but keep...

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Veteran unemployment dropped to 9.9% in 2012

The unemployment rate for veterans dropped last year, according to the Bureau for Labor Statistics. NEW YORK (CNNMoney) The unemployment rate for veterans who have served in the U.S. military since the terrorist attacks of Sept. 11, 2001 dropped...

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UK sticks with austerity as growth forecast cut

U.K. Finance Minister George Osborne sticks to austerity path as growth forecasts are slashed. LONDON (CNNMoney) Finance Minister George Osborne also announced plans to change the mandate of the Bank of England, giving incoming governor Mark Carney...

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Federal Reserve sees slow recovery for years to come

Federal Reserve Chairman Ben Bernanke said he has "great concern for the unemployed." NEW YORK (CNNMoney) The Fed expects the U.S. economy to grow between 2.3% and 2.8% this year, slightly weaker than its prior estimate. Meanwhile, the central...

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