This city's residents have the least debt

Detroit residents carry an average debt load of $23,604. NEW YORK (CNNMoney) The average debt load for a person living in Detroit is $23,604. That's the lowest of any major city and is down 7.1% from four years ago, according to Experian, which...

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China's economy bigger than believed, new study claims

By one measure, China's economy is approaching that of the United States. HONG KONG (CNNMoney) The basis for this claim is new data from a statistical program run by the World Bank that suggests China's rapidly-growing economy is much bigger...

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What to really look for in April's auto sales

To get the full auto sales picture, you need to read between the spaces. (Fortune) While it's good to have the sales numbers, it is equally important to know how to interpret them. The raw data requires experienced eyes to identify trends and...

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Why did China force The Big Bang Theory offline?

The cast of "The Big Bang Theory" -- no longer viewable in China. HONG KONG (CNNMoney) "The Big Bang Theory," "NCIS," "The Good Wife" and "The Practice" were taken offline over the weekend. The orders came from the State Administration of Press,...

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For entrepreneurs, cycling is the new golf

In Southern California, Michael Marckx spearheads a group of cyclists who regularly ride and network. NEW YORK (CNNMoney) "Unlike golf, cycling is also a great equalizer," said Andy Clarke, president of the League of American Bicyclists. "You're...

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Stocks: Emerging from a month-long funk?

Click on chart to track premarkets NEW YORK (CNNMoney) But U.S. stock futures were pointing higher Tuesday, lending some hope that the final days of April may make up some lost ground. U.S. stocks ended mixed Monday. Earnings continue to dominate...

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Google Now and Cortana are the future, not Siri

NEW YORK (CNNMoney) Based on the investments Big Tech companies are making, the next tech wave will likely be powered by contextual and predictive technologies. In plain terms, contextual and predictive technologies are designed to get our devices...

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NFL Cheerleaders: We're not even making minimum wage

A lawsuit against the Oakland Raiders was the first of several this year filed by cheerleaders against their NFL teams. NEW YORK (CNNMoney) Several current and former cheerleaders are suing their NFL employers over pay. Three separate suits...

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Guerrilla marketing for books

Author John Shors (second from right) with a group of readers in front of a Bangkok temple. NEW YORK (CNNMoney) He leads tours of the Southeast Asian temples and hidden jungles that inspired his books. The idea: Get people excited about his work,...

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Under Armour scores invite to S&P 500

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...

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Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...

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Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

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Under Armour scores invite to S&P 500

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...

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Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

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Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...

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Ford shares sink after profits drop

Ford posted lower earnings in the first quarter - its first drop since 2012. NEW YORK (CNNMoney) The company also fell below expectations set by Wall Street analysts for the first time since 2011. And it repeated its earlier guidance for lower...

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'Glamping' goes mainstream

NEW YORK (CNNMoney) "Glamping" -- featuring roomy canvas tents, comfy mattresses and overhead lighting -- has gone mainstream and the businesses behind it are thriving. It was something of a gamble when Patricia Jensen started ConTENTment Camping...

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Ford's Alan Mulally will leave with nearly $300 million nest egg

Ford Motor CEO Alan Mulally will leave the company with stock and options with him that today are worth nearly $300 million. NEW YORK (CNNMoney) Such a compensation package is unusually large for a CEO at an old-line industrial company with less...

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Female gun instructors in hot demand

Deb Ferns, Lisa Munson and Kay Miculek, co-founders of Babes with Bullets. NEW YORK (CNNMoney) The market for female gun instructors is booming as more women want to learn to shoot -- both for self defense and for sport, said Tina Wilson-Cohen,...

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Stocks: Buoyed by Apple, Facebook (but not GM)

Click on chart to track premarkets NEW YORK (CNNMoney) Both Apple (AAPL, Fortune 500) and Facebook (FB, Fortune 500) reported strong quarterly earnings late Wednesday, boosting market sentiment and pushing U.S. stock futures higher Thursday....

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GM's $1.3 billion recall cost wipes out profit

NEW YORK (CNNMoney) The cost of the recall and some other accounting charges left the company with a profit of only $108 million in the quarter. The company recalled a total of 7 million vehicles during the quarter, most prominently 2.6 million...

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MLB takes a swing at the video game business

NEW YORK (CNNMoney) MLB Advanced Media, the league's digital arm, has released a baseball video game for PlayStation 3, Xbox 360 and Apple mobile devices. The game itself, RBI Baseball '14, is fairly conventional, but its release is not: It marks...

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Students cry foul over athlete unions

NEW YORK (CNNMoney) Nearly half of U.S. college students surveyed over the past two weeks said they opposed the idea of student athletes forming unions -- just as a regulatory board ruled that some can do just that. Even more than half said they...

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Grandfather launches smart gun push after Sandy Hook shooting

NEW YORK (CNNMoney) His 6-year-old grandson, Ben Wheeler, was one of 26 people killed in the December 2012 shooting at Sandy Hook Elementary School in Newtown, Connecticut. As a way of helping memorialize Ben's brief life, Lobis has launched a...

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Tesla to build cars in China

Tesla CEO Elon Musk is hoping to build a production facility in China. HONG KONG (CNNMoney) "At some point in the next three or four years we'll be establishing local manufacturing in China," CEO Elon Musk said in Beijing. "China is very important...

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This startup thrives on a four-day workweek

Ryan Carson, right, with one of his employees in Treehouse's Portland space. NEW YORK (CNNMoney) "We ended up working 48 straight hours. I remember catching a few minutes' sleep on the floor," he said. That experience, all too common at startups,...

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Stocks: Pharma, earnings in the spotlight

Click on chart to track premarkets NEW YORK (CNNMoney) Shares in Botox maker Allergan (AGN, Fortune 500) surged nearly 20% in premarket trading after activist investor Bill Ackman and Valeant Pharmaceuticals (VRX) said they were planning a...

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$100,000 income: Three very different tax bills

NEW YORK (CNNMoney) One that stands out: People making the same money in each of those places can face very different tax bills. CNNMoney asked the Tax Institute of H&R Block to compare the combined federal, state and local income tax bill...

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Many recalled GM cars won't be repaired

Many of the recalled GM cars will never get repaired according to experts. NEW YORK (CNNMoney) That's because roughly a third of all vehicles recalled by automakers are never brought to dealers. Experts say there are many reasons that people...

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