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CNN/Money - Economy News 

Home sales continue to climb

Home sales and home prices continue to show strength of housing recovery in latest reading.

CNNMoney's Economy Now blog

Bernanke warns against hitting the brakes too soon

Read full story for latest details.

Europe steps up fight against tax cheats

European leaders took the fight to tax cheats Wednesday with a pledge to share bank account data across the EU and accelerate initiatives to tackle abuse by companies.

Say what!? The economy should be "playing baseball"

When Bernanke talks before Congress, the metaphors get colorful -- and mangled.

Memorial Day travel to dip this year

Read full story for latest details.

U.K. can do more to boost economy: IMF

The International Monetary Fund tells U.K. to increase spending on infrastructure and cut some corporate taxes to shore up its fragile economic recovery.

How Apple scores its lower tax bill

Apple pays a lot in taxes to the U.S. government. But many tax experts and lawmakers say Apple's tax bill would be bigger if the company didn't take advantage of so many loopholes in the tax code.

Pet shelters & tractors: Companies kick in tornado relief

Businesses in Oklahoma City are offering heavy equipment, free lodging and other services to assist with the tornado relief efforts.

Medicare: $15,000 for one hospital, $26,000 for another

Why Medicare payment rates vary wildly, even for the same procedure at hospitals in the same area.

Army plans to launch a reality TV show

Read full story for latest details.

Bank of Japan maintains policy, cheers Abenomics

Japan's central bank pledged Wednesday to maintain its ambitious quantitative easing program, saying that economic conditions in the country are improving.

Apple grilled about tax havens

Read full story for latest details.

Sony shares boom on spin off speculation

Shares of Sony spiked to their highest level in two years Wednesday on reports that the company is considering a spin off of its movie and music division.

Make $30 an hour, no bachelor's degree required

Read full story for latest details.

Fed's Dudley says new plan needed to end stimulus

Read full story for latest details.

African Americans more financially confident, but underserved

While the average African American is feeling more financially secure, many still feel neglected by the financial industry, new research shows.

Europe's lost trillion in taxes

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Americans spend more on Fido than beer

People shelled out an average of $502 annually on their pets in 2011, topping the $456 spent on booze.

Suburban poverty soars

Poverty is growing faster in the suburbs than anywhere else in the United States, surging 64% over the past decade.

Map of where suburban poverty is rising

China's red-hot property market shows no signs of slowing

Property prices continued to rise last month in China, defying policymakers who have sought to cool the housing market while preserving robust economic growth.

The Winklevoss twins are Bitcoin bulls

Read full story for latest details.

Gas prices lower, but not leading to more spending

Read full story for latest details.

Bernanke's advice for college grads

College graduates got some sage advice from Federal Reserve Chairman Ben Bernanke at their commencement ceremony Saturday.

Oil-price manipulation: the next Libor?

A scandal is brewing in Europe that could rival the Libor controversy, as the European Commission says it's probing suspected attempts to manipulate global oil prices.

Federal workers under fire

The Internal Revenue Service scandal couldn't have come at a worse time for the nation's 2 million federal workers, who are desperate to end furloughs and get their first raise in three years.

Millennials: Don't call me 'entitled'

These millennials take issue with the 'entitled' stigma - and no, they aren't just whining.

Biggest Bitcoin exchange lands in feds' crosshairs

U.S. officials froze the financial accounts of Bitcoin's biggest exchange, accusing it of transmitting money without a license.

Student loan delinquencies: Check your state

Borrowers in West Virginia appear to be having the toughest time paying back student loans while delinquencies are pretty low in South Dakota. Check where it is in your state.


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