Parents, get ready for some tax-free shopping

NEW YORK (CNNMoney) The tax savings could amount to anywhere from 4% to 7% on everything from crayons to computers. That savings could come in handy. Economic uncertainty, unemployment and a recent surge in gas prices are forcing parents to focus...

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Eurozone's employment crisis might have peaked

Unemployment in Spain remains stubbornly high. The country's unemployment rate was stuck above 26% in June. LONDON (CNNMoney) New figures for June indicate a slight decline in the number of jobless people across the region, though the unemployment...

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Ford to offer F-150 that runs on natural gas

The CNG tank that will now be offered on Ford F-150 pickups. NEW YORK (CNNMoney) The gas can be either compressed natural gas (CNG) or liquefied petroleum gas (LPG). Ford says that the lower cost of natural gas -- about the equivalent of $2.11...

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Barclays raising cash to fill $20 billion gap

Barclays is hoping investors will help it fill a £12.8 billion ($19.6 billion) hole in its balance sheet. LONDON (CNNMoney) The bank plans to sell shares through a stock offering after British regulators discovered Barclays (BCS) had a gap of £12.8...

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Herbalife shares up on strong earnings, guidance

Herbalife shares were higher Tuesday after a strong earnings report and raised guidance. NEW YORK (CNNMoney) Herbalife were up 7% in premarket trading. It reported late Monday that it earned $1.41 a share, up 29% from a year earlier. That easily...

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Stocks: Looking to rebound after Monday's losses

Click on chart for more premarket data. NEW YORK (CNNMoney) U.S. stock futures were nudging higher ahead of the opening bell. U.S. investors will receive a variety of economic and corporate news Tuesday as they await the latest reading on...

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Why we're working less than our parents did

NEW YORK (CNNMoney) But as a whole, Americans are working far less now than they did a generation ago, and have more leisure time than ever. The average work week has gone from over 38 hours in 1964 to under 34 hours in 2013 -- a drop of nearly...

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The secret to taking a real vacation

NEW YORK (CNNMoney) According to a survey from American Express OPEN, just 49% of entrepreneurs planned to take vacations this summer, down from 54% last summer and 67% in 2006. But it doesn't have to be that hard. Josh Golden, founder and CEO...

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Hottest trade on Wall Street: Detroit bonds

Detroit has roughly $8.3 billion in tradeable bonds. NEW YORK (CNNMoney) Detroit's bonds have become the hottest trade on Wall Street, since the Motor City filed for the largest municipal bankruptcy two week ago. Prior to the bankruptcy filing,...

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The government wants SAC Capital's billions

Steven Cohen's hedge fund SAC Capital was indicted for criminal insider trading. NEW YORK (CNNMoney) The U.S. Attorney for Southern District of New York's filing Thursday of civil and criminal charges against Cohen's hedge fund opens the door for...

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JPMorgan to exit commodities businesses

NEW YORK (CNNMoney) The announcement comes as the bank reportedly nears a settlement with the U.S. government over the manipulation of electricity markets in California. JPMorgan (JPM, Fortune 500)said it "is pursuing strategic alternatives for...

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Starbucks sees big growth in China

Starbucks is opening more stores in inland Chinese cities, such as this one in Chengdu, Sichuan Province in Southwest China. NEW YORK (CNNMoney) According to its latest quarterly report, Starbucks (SBUX, Fortune 500) saw a 30% year-over-year jump...

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The government wants SAC Capital's billions

Steven Cohen's hedge fund SAC Capital was indicted for criminal insider trading. NEW YORK (CNNMoney) The U.S. Attorney for Southern District of New York's filing Thursday of civil and criminal charges against Cohen's hedge fund opens the door for...

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JPMorgan to exit commodities businesses

NEW YORK (CNNMoney) The announcement comes as the bank reportedly nears a settlement with the U.S. government over the manipulation of electricity markets in California. JPMorgan (JPM, Fortune 500)said it "is pursuing strategic alternatives for...

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Starbucks sees big growth in China

Starbucks is opening more stores in inland Chinese cities, such as this one in Chengdu, Sichuan Province in Southwest China. NEW YORK (CNNMoney) According to its latest quarterly report, Starbucks (SBUX, Fortune 500) saw a 30% year-over-year jump...

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Dollar coin advocates renew push to replace dollar bill

The Sacagawea Golden Dollar was put into circulation in 2000 but never caught on in a big way. NEW YORK (CNNMoney) The switch, which has been discussed for years, could save taxpayers $13.8 billion over 30 years, according to a report released...

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4 questions to ask a money manager

NEW YORK (CNNMoney) Asking a few important questions of a prospective money manager is a great first step, one that can mean the difference between meeting or falling short of your financial goals. Indeed, a money manager can play an incredibly...

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Zynga drops U.S. online gambling plans

Click on chart for more information on Zynga shares. NEW YORK (CNNMoney) Chief Operations Officer David Ko told investors on a conference call late Thursday that Zynga would continue its online gambling efforts in the United Kingdom, but that...

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Enter the disrupters

(Fortune) "Yo," the hipster replied with a smarmy aura of self-importance. "I suppose I should introduce myself. I'm a disrupter, and I'm here to disrupt whatever it is you think you're doing, drain it of value, and replace it with something else...

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Time Warner Cable delays CBS cut-off

CBS shows such as "Under the Dome" are at risk of not being seen by Time Warner Cable customers due to a dispute between the network and cable operator. NEW YORK (CNNMoney) The dispute between the network and cable operator could also cut off pay...

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GM narrows European loss, improves profit at home

General Motors reported strong earnings in North America and smaller losses in Europe. NEW YORK (CNNMoney) GM said Thursday it earned $1.2 billion, or 75 cents a share, in the quarter, down from $1.5 billion it earned a year earlier. But excluding...

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Europe's factories signal return to growth

Factories across the eurozone, including German carmakers, reported rising output for the first time since February 2012. LONDON (CNNMoney) Markit's purchasing managers' index surprised economists with a jump to 50.4 in July, signaling a return...

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IPhone chip designer's sales surge 24%

Click chart for more information on ARM Holdings. LONDON (CNNMoney) The Cambridge, U.K., based company said its second-quarter sales surged 24% from a year ago, and its adjusted pre-tax profit spiked 30%. Shares of the Cambridge, U.K.-based company...

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SAC to face criminal charges - reports

Steven Cohen reportedly won't face criminal charges but SAC Capital, his hedge fund, may, according to published reports. NEW YORK (CNNMoney) Nine former or current SAC employees have already been charged with insider trading, and the firm has...

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Ex-SEC enforcer joins law firm

Former SEC top cop Robert Khuzami is joining law firm Kirkland & Ellis. HONG KONG (CNNMoney) Corporate law firm Kirkland & Ellis is hiring Robert Khuzami, a former top cop at the Securities and Exchange Commission who announced six months...

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How Obamacare's 'privacy nightmare' database really works

NEW YORK (CNNMoney) The prospect of one online system having access to so much personal information is making some watchdogs nervous. In a USA Today op-ed decrying the system as a "privacy nightmare," researchers Stephen Parente and Paul Howard penned...

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Just how generous are Detroit's pensions?

NEW YORK (CNNMoney) So how much money do Detroit's retirees actually get? On average Detroit's firefighters, police officers and other city employees receive pension checks that are similar or slightly smaller in size than the national average...

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SEC charges Miami with fraud, accuses city of lying about finances

The SEC sanctioned Miami for similar conduct in 2003. NEW YORK (CNNMoney) The SEC said Michael Boudreaux helped falsify Miami's financial reports for the 2007 and 2008 fiscal years and lied about the city's finances in a series of 2009 bond offerings...

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Be set when the Fed's help ends

When the Fed's training wheels come off and yields turn around, position yourself to take advantage of higher rates. (Money Magazine) Look at what happened in late May and June after chairman Ben Bernanke said the Fed would, eventually, assuming...

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Be set when the Fed's help ends

When the Fed's training wheels come off and yields turn around, position yourself to take advantage of higher rates. (Money Magazine) Look at what happened in late May and June after chairman Ben Bernanke said the Fed would, eventually, assuming...

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