Current Cnnmoney News Results

Treasurys rise on weaker GDP
A weaker-than-expected government report on the economy sent investors flocking back into Treasurys Friday, pushing the prices up on U.S. debt and driving yields down.

Northwest to pay $38 million cargo price-fixing fine
NEW YORK (CNNMoney.com) -- Northwest Airlines will plead guilty and pay a $38 million fine for conspiring to fix cargo rates, the Justice Department announced Friday.

China says it tops Japan as No. 2 economy
China has surpassed Japan to become the world's second largest economy, lagging only behind the United States, a Chinese government official said in remarks published on Friday.

GM to boost Chevy Volt production
General Motors announced Friday that the automaker has raised its planned production of the Chevrolet Volt electric car to 45,000 in 2012.

Worst job on Earth: BP calling all applicants
It could quite possibly be called the worst job on Earth -- and the position is open.

Consumers not spending like drunken sailors
The economy is heading nowhere fast. That's the bad news. But the good news is that it still seems like consumers may have actually learned a lesson or two about reckless fiscal behavior.

White House sees 'steady recovery' in GDP report
The Obama administration gave a positive spin to second-quarter economic numbers released Friday, with the administration's chief economist saying they show a "steady recovery from the recession continues."

U.S. growth slows to 2.4% rate in second quarter
The U.S. economy continued to grow during the second quarter, the government reported Friday. But the pace slowed more than economists were expecting, raising concern about growth - or even another recession - in the months ahead.

States going deeper into debt
The states are broke, and like many consumers, they're borrowing big time to get out of their fiscal binds.

A Parliament of Night-Owl Entrepreneurs
Who needs sleep when there are start-ups to launch? Between endless e-mail conversations and talkative co-workers, getting actual work done during the day isn't always an easy proposition. The New York Times has an interesting article about a group of entrepreneurs, freelancers, and software developers who have come up with a nocturnal solution to that problem. Calling themselves the New York ...