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 »

Oct 21, 2014 10:15am

Big Blues for Big Blue (IBM)

Morning Money Memo: Big blues at Big Blue. After reporting disappointing sales and earnings, some painful choices are ahead for the once-invincible IBM. Its new quarterly report led to a 7 percent drop for IBM’s share price Monday, plus a smaller decline overnight. CEO Virginia… Read More »

Oct 20, 2014 9:44am

Apple Pay (AAPL) Aims to Shut Your Wallet, for Good

Morning Money Memo: Starting today, Apple Pay will enable millions of consumers to use their smartphones instead of credit cards to pay for stuff. Apple Pay will work at some retailers only with the iPhone 6 and 6 Plus. Visa, Mastercard, American Express and hundreds… Read More »

By ABC News

Oct 17, 2014 8:15am

Market Seems High on Apple’s (AAPL) Newest Offerings

Morning Money Memo ABC News’ John Kapetaneas reports: Just one month after the launch of the iPhone 6, Apple is once again turning heads with its new product and software development. Apple announced Thursday it will officially launch Apple Pay,” the company’s new mobile payment… Read More »