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2014 was America’s best year of job growth since 1999

by CNN Money // January 9, 2015 // Updated 08:38 GMT // 0 Comments

The government also revised up its estimates for job gains in October and November, revealing employers added more than 50,000 jobs than previously thought. November was already the best month of the year for job gains. “American businesses are on a hiring binge,” said Sal Guatieri, senior economist at BMO Capital Markets. “It clearly suggests […]

35% of workers say they’ll quit if they don’t get a raise

by CNN Money // January 9, 2015 // Updated 08:04 GMT // 0 Comments

Amid the brighter outlook for jobs, nearly half of the employed adults surveyed said they expect to see a 3% to 5% hike in pay this year. And roughly the same percentage, 48%, said they are confident they can find a job within six months to match their experience and salary. That’s the highest confidence […]

Oil tycoon’s ex accepts $975 million divorce check after all

by CNN Money // January 9, 2015 // Updated 07:39 GMT // 0 Comments

The couple were married for 26 years, have two children and had no prenuptial agreement. As of last year, Hamm was worth over $20 billion, according to Wealth-X, a wealth tracking company. Now, the legal case could be coming to a close. – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile […]

Why oil could rebound to $80. Yes, $80.

by CNN Money // January 9, 2015 // Updated 07:37 GMT // 0 Comments

Related: Stay away from these oil stocks At the same time, consumers are going to be more willing to spend money on oil because of how low the prices are. So that’s the main reason why he thinks oil prices could spike dramatically higher. You’d essentially have the reverse situation of what’s going on currently. […]

Uber slashes prices in 48 cities

by CNN Money // January 9, 2015 // Updated 07:28 GMT // 0 Comments

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Does free community college work?

by CNN Money // January 9, 2015 // Updated 07:07 GMT // 0 Comments

“We’ve never turned away a student,” said Graham Thomas, director of community partnerships at tnAchieves, which raises money from large state employers or wealthy individuals. Through 2013, the program had awarded $7.8 million in scholarship. Thomas said 65% of their students are the first in their families to attend college and 70% are from low-income […]

Citigroup traders will get smaller bonuses this year

by CNN Money // January 9, 2015 // Updated 06:07 GMT // 0 Comments

While the markets ended the year up, many traders were hurt by lower trading volumes, the plunge in oil prices and currency fluctuations. – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

‘Attaboys’ for websites that ran Mohammed cartoons

by CNN Money // January 9, 2015 // Updated 06:01 GMT // 0 Comments

“Unlike our piece publishing the results of a public-records request for the names of New York gun owners, which garnered us almost non-stop threatening phone calls to our tips line, the Charlie Hebdo images have resulted in silence,” Read said. Lachlan Markay of the Washington Free Beacon said his tribute to Charlie Hebdo, which included […]

‘Cat Fancy’ reinvents itself for the Buzzfeed set

by CNN Money // January 9, 2015 // Updated 04:38 GMT // 0 Comments

The switch from “Cat Fancy” to “Catster” may perplex some readers, but it speaks to the larger shift in the industry as magazines work to build an online presence. (This matter was a big point of contention during the shakeups at the New Republic last month). – Chicago Mercantile Association: Certain market data is the […]

Where the jobs are and who’s being hired?

by CNN Money // January 9, 2015 // Updated 03:34 GMT // 0 Comments

Black men led the way, with a 6% increase in the number employed. That’s not surprising, says Valerie Wilson, labor economist at the Economic Policy Institute, since whites usually see larger gains earlier in economic recoveries. Those with lower levels of education and higher unemployment rates benefit later. – Factset: FactSet Research Systems Inc. 2015. […]

#JeSuisCharlie becomes one of most popular hashtags in Twitter’s history

by CNN Money // January 9, 2015 // Updated 02:25 GMT // 0 Comments

Many prominent politicians and celebrities have used the #JeSuisCharlie hashtag in the past couple days, receiving thousands of retweets. French television personality Cyril Hanouna’s tweet, “Darlings I am horrified at what happened. We did not want to laugh. There will be no show tonight . #jesuischarlie” received more than 30,000 retweets and 21,000 favorites. – […]

Hacking group Anonymous promises revenge for Charlie Hebdo attack

by CNN Money // January 9, 2015 // Updated 01:17 GMT // 0 Comments

Cherif and Said Kouachi, the brothers wanted for the massacre at Charlie Hedbo’s offices in Paris, were killed Friday by French security forces in a town where they had been surrounded, according to a local official. Said spent several months in Yemen in 2011, receiving weapons training and working with Al Qaeda in the Arabian […]

Amazon data center on fire in Virginia

by CNN Money // January 9, 2015 // Updated 01:03 GMT // 0 Comments

The owner of the property, Corporate Office Properties Trust, wouldn’t say what companies occupy the building. But a company spokeswoman, Stephanie Krewson-Kelly, said there was “little to no impact to the development of the facility.” – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights […]

Starbucks COO to take a leave of absence

by CNN Money // January 9, 2015 // Updated 01:02 GMT // 0 Comments

Starbucks sought to quash those rumors though. According to emails sent to “partners” — the term Starbucks uses to describe employees — that were obtained by CNN’s Poppy Harlow, Schultz wrote that “suggestions that [Alstead’s] departure is somehow linked to his health or our financial performance last quarter are false, off-base and irresponsible.” Related: Starbucks […]

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