Nov 26, 2014 9:07am

OPEC Divided Over Plunging Price of Oil

Morning Money Memo… OPEC producers are split as the price of oil hits a four-year low. The 12-member group will meet later this week in Vienna, Austria. The recent 30 percent drop in global prices has cut the amount of money OPEC countries take in… Read More »

By ABC News

Nov 22, 2014 7:42am

3 Secrets to Shopping at Outlet Stores This Holiday Season

With exactly one week until Black Friday, shoppers are trying to get a jump on their holiday shopping and hitting the stores this weekend. According to the NPD Group, nearly a quarter of shoppers will be out and about looking for name-brand products at discount… Read More »

Nov 17, 2014 8:58am

Halliburton (HAL) Buys Baker Hughes (BHI) to Become Biggest Oilfield Services Company

Morning Money Memo… A merger announced this morning will create the world’s biggest oilfield services company. Halliburton is buying a rival, Baker Hughes, in a cash-and-stock deal worth $34.6 billion. The agreement comes just days after talks between the two firms had stalled and Halliburton… Read More »

Nov 14, 2014 5:39pm

Stick to a Holiday Budget With These Savings Secrets

With a wife and three young children, including a 5-week-old baby girl, Joel Steinhaus has a mighty long shopping list this holiday season. According to the National Retail Federation, the average US family will spend $804 on gifts this holiday season and the Steinhauses plan… Read More »

Oct 31, 2014 11:33am

Ready, Set, Shop for Holiday Deals

Morning Money Memo: Online retailers will prepare for the holiday season even earlier this year; Amazon will unveil many of its holiday deals beginning Saturday. Office Depot and Sears will also roll out “Black Friday”-like deals in the coming weeks. Walmart will also reportedly test… Read More »

Oct 30, 2014 9:05am

Apple (AAPL) CEO Tim Cook ‘Proud to Be Gay’

Morning Money Memo: Apple CEO Tim Cook says he’s proud to be gay. In an essay written for Bloomberg Businessweek, Cook has become the highest-profile business leader to come out as gay. Cook says that while he never denied his sexuality, he never publicly acknowledged… Read More »

Oct 29, 2014 8:28am

Retailers Forecast More Holiday Spending This Year

  Many retailers are planning for a merry Christmas. The National Retail Federation is forecasting a stronger gain for holiday spending than last year. The annual survey by the global consulting firm Deloitte is even more optimistic – forecasting a 9 percent rise in spending… Read More »

Oct 28, 2014 8:27am

Twitter (TWTR) Stock Tumbles, Despite Soaring Revenues

Morning Money Memo: Twitter is growing in global popularity, but not enough for skittish investors. The social media and mobile messaging company’s shares plunged more than 11 percent despite a jump in third-quarter revenue that more than doubled from last year. At least three Wall… Read More »

By ABC News

Oct 23, 2014 9:08pm

Feds Probe Maker of Faulty Airbag Parts

Takata Industries, the maker of the defective airbag parts being recalled. affecting nearly 8 million cars, is now the subject of a preliminary criminal investigation by federal prosecutors in New York. The problem with the airbags — made at plants in Washington state and Mexico… Read More »

By ABC News

Oct 23, 2014 5:27pm

3 Ways Your Smartphone Can Help You Get Out of Debt

Thomas and Megan Sneed’s daughter, Nora, is growing fast but so are their bills. “We’re like a lot of people. We graduated with college debt, we put our honeymoon on our credit card and then a year after being married, we had a baby,” Thomas… Read More »