January was a terrible month for stocks

Stocks have been having a pretty bad 2015 so far. NEW YORK (CNNMoney) The Dow shed 3.7%, the S&P 500 has lost 3.1%, and the Nasdaq is over 2.1% lower. Talk about a bad start to the year. A quick glance at the chart below shows what a whiplash...

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Will the Super Bowl get record ratings?

Last year's Super Bowl broke TV records. Will this year's big game do the same? NEW YORK (CNNMoney) Last year's big game broke records with 112.2 million average viewers, enough to make it the most-watched broadcast in American TV history. ...

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Shake Shack workers get in on IPO riches

NEW YORK (CNNMoney) Every Shake Shack (SHAK) manager got stock options Friday, CEO Randy Garutti told CNBC. The company has 160 managers who also get revenue-sharing and health benefits. And its 1,450 hourly employees all make more than the local...

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Radio host Michael Medved says he has throat cancer

The long time radio show host announced he had throat cancer on Friday. NEW YORK (CNNMoney) Medved told his listeners on the air and in a letter on Friday afternoon. "I always knew that it would take something serious to keep me away from...

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In football they trust: Polynesians' pipeline to the American dream

NEW YORK (CNNMoney) "As Polynesian kids, we were much bigger than the other kids in high school so it was natural for us to excel and do well in football, said Tongan Tony Vainuku. Vainuku is the director of the documentary, "In Football We Trust,"...

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Is a $4.5 million Super Bowl ad worth it?

NEW YORK (CNNMoney) An added bonus? Those viewers aren't feverishly hitting the fast forward button on their DVR remote to zoom past commercials. For many, the ads are more important than the game. But are we soon reaching the point where Super...

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Super Bowl tickets are most expensive ever

NEW YORK (CNNMoney) The average ticket price so far is $3,554 -- about $1,000 more than last year, according to SeatGeek, which tracks online sales. SeatGeek analyst Connor Gregoire said he does not expect the price for the few remaining tickets...

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Seahawks' Paul Allen is the NFL's richest team owner

NEW YORK (CNNMoney) The Seattle Seahawks owner Paul Allen is by far the richest in the league. The Microsoft (MSFT, Tech30) co-founder is worth about $17 billion, according to various estimates. The Seahawks head to the Super Bowl for the second...

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Taxing the rich: The record under Obama

President Obama's budget proposals to tax the rich are usually DOA with Republicans. Nevertheless, the top 1% are now paying an average tax rate that's 6 percentage points higher than when Obama first took office. NEW YORK (CNNMoney) The White...

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Who actually benefits from Obama's 'Middle Class Economics'

NEW YORK (CNNMoney) He's coined a new term, Middle Class Economics, and released a raft of plans that he says will help these families get ahead. To pay for it, he'd tax the rich. But not everyone in the middle class would benefit from Middle...

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F1: New Ferrari tipped to suit Raikkonen

By Jonathan Noble Friday, January 30th 2015, 14:27 GMT Ferrari technical director James Allison is confident that the team's 2015 Formula 1 car will suit Kimi Raikkonen better than last year's You have viewed over 15 free stories this month. Why...

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USC: WTR loses Daytona podium

By Gary Watkins Friday, January 30th 2015, 16:04 GMT The Wayne Taylor Racing Dallara-Chevrolet Corvette DP has lost third place in last weekend's Daytona 24 Hours for exceeding the Tudor United SportsCar Championship's driving-time regulations You...

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INDY: Filippi to share CFH IndyCar drive

By Mark Glendenning Friday, January 30th 2015, 22:27 GMT Luca Filippi has signed with CFH Racing for the 2015 IndyCar season, and will contest all of the road and street course events in the team's #20 entry You have viewed over 15 free stories...

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NASCAR: Elliott gets Gordon's Hendrick seat

By Mark Glendenning Thursday, January 29th 2015, 18:09 GMT Reigning NASCAR Nationwide champion Chase Elliott will move up to the Sprint Cup in 2016 as the replacement for Jeff Gordon in Hendrick Motorsport's #24 Chevrolet You have viewed over 15...

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F1: Mercedes completes new car shakedown

Thursday, January 29th 2015, 18:10 GMT Mercedes has completed the first shakedown of its 2015 Formula 1 car, the W06, and released the first proper images of the car with which it will defend its titles You have viewed over 15 free stories this...

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OTHER: Negri set for Europe return in ELMS

By Gary Watkins Thursday, January 29th 2015, 21:00 GMT Daytona 24 Hours pole winner Oswaldo Negri Jr is set to race in Europe for the first time in more than 20 years with the Krohn Racing LMP2 squad this season. You have viewed over 15 free stories...

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F1: 'Tighter' McLaren has F1 intrigued

By Jonathan Noble Wednesday, January 28th 2015, 17:24 GMT The stuttering start of McLaren and Honda's first public Formula 1 test last year has not stopped Thursday's 2015 car launch being the winter's most anticipated You have viewed over 15 free...

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WEC: Wayne Taylor drops 2015 Le Mans plan

By Gary Watkins Wednesday, January 28th 2015, 18:03 GMT Tudor United SportsCar Championship frontrunner Wayne Taylor Racing will not take up its guaranteed entry for the Le Mans 24 Hours in June You have viewed over 15 free stories this month. Why...

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INDY: Barnhart back as Indy race director

By Mark Glendenning Wednesday, January 28th 2015, 20:01 GMT Brian Barnhart has been installed for a second tenure as IndyCar race director, and will lead the series' three-steward race control system for the 2015 season You have viewed over 15 free...

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F1: Rivals warned Mercedes will be stronger

By Jonathan Noble and James Roberts Monday, January 26th 2015, 16:28 GMT Mercedes' rivals have been warned to brace themselves for a step forward from Formula 1's benchmark engine supplier this year You have viewed over 15 free stories this month....

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NAT: ART GP3 test part of BRDC F4 prize

By Scott Mitchell Monday, January 26th 2015, 14:39 GMT The 2015 BRDC Formula 4 champion will receive a GP3 test drive with leading team ART and a potential financial prize of more than £70,000 You have viewed over 15 free stories this month. Why...

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F1: Technical insight: 2015 Lotus E23

By Craig Scarborough Monday, January 26th 2015, 16:41 GMT The digital renders released by Lotus of its 2015 E23 Formula 1 car allow us to already make some observations about the new challenger You have viewed over 15 free stories this month. Why...

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USC: Charging Action Express leads Daytona

By Gary Watkins Sunday, January 25th 2015, 13:25 GMT Action Express Racing has fought back from three laps down to lead the Daytona 24 Hours at three-quarters distance You have viewed over 15 free stories this month. Why stop there? Click here to...

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NASCAR: Gordon came close to retiring earlier

Sunday, January 25th 2015, 18:26 GMT Jeff Gordon says he seriously considered retiring from NASCAR racing more than once in recent years, but was always convinced to stay on by team boss Rick Hendrick You have viewed over 15 free stories this month....

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USC: Ganassi claims narrow Daytona win

By Gary Watkins Sunday, January 25th 2015, 19:41 GMT Chip Ganassi Racing claimed a sixth victory in the Daytona 24 Hours after a thrilling climax to the 2015 race You have viewed over 15 free stories this month. Why stop there? Click here to find...

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Thank you OPEC! China saves $100 billion

DAVOS, Switzerland (CNNMoney) That assumes prices remain at current levels, said Boqiang Lin, a leading China energy economist. "And we don't have to do anything," he added. Lin is dean of the China Institute for Energy Policy Studies. Speaking...

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Sports Illustrated lays off its staff photographers

Sports Illustrated, which boasts a long history of indelible photos, laid off all six of its staff photographers this week. NEW YORK (CNNMoney) Brad Smith, director of photography for Sports Illustrated, spoke about the move Friday in a report...

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Obamacare website reins in personal data sharing

NEW YORK (CNNMoney) Earlier this week, the government came under fire after the Associated Press showed that Healthcare.gov was relaying users' personal information, such as zip code, income level, pregnancy status and whether or not you are a smoker....

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Soros: European stimulus will benefit the rich

DAVOS, Switzerland (CNNMoney) The billionaire investor warned Friday that the ECB's stimulus plan might backfire. "My main concern is that it will make the divergence between the rich and poor bigger," Soros said at the World Economic Forum in...

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IRS warns of phishing tax scams, fake emails

NEW YORK (CNNMoney) And they come out in force around tax time, trying to trick you into sending them your address, Social Security number, credit card number, bank account number or any other valuable piece of information that can help them rob...

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Finally, Jamie Dimon gets his cash bonus

NEW YORK (CNNMoney) Dimon was paid a cash bonus of $7.4 million in 2014, according to JPMorgan (JPM). That's on top of his annual pay of $1.5 million and $11.1 million in company stock. In all, he was paid $20 million for 2014. So his pay is actually...

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Madoff defends sons in email to NBC

Bernard Madoff defended his sons while attacking the media and court-appointed trustee Irving Picard in an email to CNBC. NEW YORK (CNNMoney) "As difficult as it is more me to live with the pain I have inflicted on so many, there is nothing to...

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Friday Links

NEW YORK (CNNMoney) A weekly collection of design, data and interactive links.Photo/VideoFibonacci Zoetrope Sculptures | 3-D printed sculptures animate when spun under a strobe lightWoodworking | A look at Japanese joineryGotham 7.5K | A rare...

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'Records on top of records' for 'American Sniper' as week two begins

NEW YORK (CNNMoney) "Records on top of records" is how Warner Bros. domestic distribution president Dan Fellman puts it. He calls the performance of the film "spectacular." Indeed, it's commanded the attention of the entire motion picture industry...

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Indiana church sues JPMorgan for millions

Christ Church Cathedral (left) in downtown Indianapolis, and Rev. Stephen Carlsen, the cathedral's dean. NEW YORK (CNNMoney) Carlsen is dean of Christ Church Cathedral of Indianapolis, which is suing JPMorgan Chase (JPM) for millions. The...

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F1: Ferrari: F1 needs a revolution

By Jonathan Noble Friday, January 23rd 2015, 17:53 GMT Ferrari's new team boss Maurizio Arrivabene believes rule changes planned for 2017 must be a revolution for Formula 1 if the sport is not going to lose more fans You have viewed over 15 free...

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F1: Streiff apologises for FIA comments

By Jonathan Noble Friday, January 23rd 2015, 18:12 GMT Former Formula 1 driver Philippe Streiff has apologised to FIA president Jean Todt and medical chief Gerard Saillant over comments he made on French radio You have viewed over 15 free stories...

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WRC: Loeb has to take Rally2 penalty

By David Evans Friday, January 23rd 2015, 19:14 GMT Sebastien Loeb will return to the Monte Carlo Rally under Rally2 regulations on Saturday after retiring from Friday's action on the road section back to Gap You have viewed over 15 free stories...

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USC: Shank Ligier claims Daytona pole

By Gary Watkins Thursday, January 22nd 2015, 23:06 GMT The Michael Shank Racing Ligier LMP2 coupe claimed pole position for this weekend's Daytona 24 Hours in the hands of Oswaldo Negri Jr You have viewed over 15 free stories this month. Why stop...

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WRC: Loeb leads the Monte on WRC return

Thursday, January 22nd 2015, 21:26 GMT Sebastien Loeb leads the Monte Carlo Rally from Sebastien Ogier after the first evening of his World Rally Championship comeback You have viewed over 15 free stories this month. Why stop there? Click here...

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INDY: Chilton plans IndyCar with Carlin

By Mark Glendenning Thursday, January 22nd 2015, 21:59 GMT Former Marussia Formula 1 driver Max Chilton will link up with Carlin in a joint development programme this year as both parties set their sights on a 2016 IndyCar programme You have viewed...

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WRC: Loeb tops Monte Carlo shakedown

By David Evans Wednesday, January 21st 2015, 19:13 GMT Sebastien Loeb made a sensational return to the World Rally Championship with the fastest time in this afternoon's Monte Carlo Rally shakedown stage You have viewed over 15 free stories this...

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F1: Tech insight: Williams FW37 launch

By Craig Scarborough Wednesday, January 21st 2015, 18:12 GMT Williams's release of computer renderings of its 2015 Formula 1 car, the FW37, provided a first chance to see a nose designed to the new regulations You have viewed over 15 free stories...

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NASCAR: Vickers cleared to return to racing

By Mark Glendenning Wednesday, January 21st 2015, 20:57 GMT NASCAR Sprint Cup driver Brian Vickers has been given medical clearance to return to racing in early March as he continues to recover from corrective heart surgery You have viewed over...

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WEC: Wurz backs WEC weight rule change

By Gary Watkins Tuesday, January 20th 2015, 18:26 GMT Toyota racer Alex Wurz has welcomed a new rule for the World Endurance Championship that removes much of the weight penalty shouldered by heavier drivers You have viewed over 15 free stories...

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INDY: Honda appoints new HPD racing chief

By Mark Glendenning Tuesday, January 20th 2015, 17:26 GMT Honda's American-based racing arm Honda Performance Development has appointed Allen Miller as the new head of its pinnacle motorsports programmes You have viewed over 15 free stories this...

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F1: First image of 2015 Williams revealed

By Jonathan Noble Tuesday, January 20th 2015, 22:13 GMT Williams has become the first team to unveil images of its 2015 Formula 1 car, with its new FW37 appearing on the front cover of AUTOSPORT's sister publication F1 Racing You have viewed over...

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F1: Analysis: Will F1 be closer in 2015?

By Jonathan Noble Monday, January 19th 2015, 13:13 GMT The FIA's decision to open up in-season engine development may feel like a victory for Mercedes' Formula 1 rivals, but it could yet prove a boost to the German manufacturer You have viewed over...

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F1: Marussia seeks 11th hour rescue deal

By Jonathan Noble Monday, January 19th 2015, 15:24 GMT Marussia's bosses have been given a late boost in their hopes of saving the Formula 1 team, after administrators agreed to stop an auction of its final assets You have viewed over 15 free stories...

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F3: Dane set for Mercedes junior deal

By Marcus Simmons Monday, January 19th 2015, 17:43 GMT Highly rated Dane Mikkel Jensen is set to contest the Formula 3 European Championship as a Mercedes junior with Mucke Motorsport You have viewed over 15 free stories this month. Why stop there?...

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OTHER: Al-Attiyah secures second Dakar win

Saturday, January 17th 2015, 13:51 GMT Nasser Al-Attiyah secured his second victory in the Dakar Rally after nearly two weeks of domination of the 2015 event You have viewed over 15 free stories this month. Why stop there? Click here to find out...

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OTHER: Peugeot: Car was 'rough' on comeback

Sunday, January 18th 2015, 13:05 GMT Peugeot has admitted that a lack of preparation time meant it was forced to make its Dakar Rally return with a "rough" car that was not fast enough You have viewed over 15 free stories this month. Why stop there?...

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F1: Honda allowed to develop F1 engine

By Jonathan Noble Saturday, January 17th 2015, 12:43 GMT Honda has succeeded in its bid to convince the FIA to allow it some engine development during the 2015 Formula 1 season You have viewed over 15 free stories this month. Why stop there? Click...

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WRC: M-Sport factory plan gets green light

By David Evans Saturday, January 17th 2015, 11:41 GMT M-Sport's £19million plans to develop a major new test and development facility in Britain have been given the go-ahead by local council in Cumbria You have viewed over 15 free stories this month....

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F1: Honda allowed to develop F1 engine

By Jonathan Noble Saturday, January 17th 2015, 12:43 GMT Honda has succeeded in its bid to convince the FIA to allow it some engine development during the 2015 Formula 1 season You have viewed over 15 free stories this month. Why stop there? Click...

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OTHER: Al-Attiyah secures second Dakar win

Saturday, January 17th 2015, 13:51 GMT Nasser Al-Attiyah secured his second victory in the Dakar Rally after nearly two weeks of domination of the 2015 event You have viewed over 15 free stories this month. Why stop there? Click here to find out...

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Software can't replace mass spying

NEW YORK (CNNMoney) But that doesn't mean the mass spying should keep happening, it added. The long-awaited report was released Thursday by the National Academy of Sciences. It came from the committee that President Obama put together after ex-NSA...

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In year of 'Selma,' critics blast Oscars for all-white Best Actor field

NEW YORK (CNNMoney) The lack of diversity in that category was punctuated by the absence of David Oyelowo, who gave an acclaimed performance in "Selma" as Martin Luther King Jr. Actors Eddie Redmayne, Benedict Cumberbatch, Michael Keaton, Bradley...

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Fox News to earn $1.50 per subscriber

NEW YORK (CNNMoney) That dollar figure, higher than just about every other cable channel besides ESPN and TNT, demonstrates Fox's power in the American television universe. Ten years ago the channel, a favorite among conservatives, was making just...

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Hacked news companies tweet Chinese fired on U.S. warship

No, China did not just attack the United States. Two major news accounts on Twitter were sending out fake news. NEW YORK (CNNMoney) At 1 p.m. ET, the Twitter (TWTR, Tech30) accounts of both companies reported that the Chinese military had fired...

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December consumer prices fall most in 6 years

NEW YORK (CNNMoney) Prices for everything Americans pay for -- from home furnishings and used cars to airline fares -- fell in December by 0.4% compared to November. It was the steepest decline since December 2008. The sharp drop in gasoline prices...

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Papa John's gun-carrying worker keeps her job

Papa John's decided not to fire a pizza deliverer who shot her attacker, even though she violated the company's gun policy. NEW YORK (CNNMoney) However, she'll get to keep her job, Papa John's confirmed. Delivering food can be dangerous because...

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Oil tycoon lost $9.3 billion in six months

NEW YORK (CNNMoney) The tycoon saw half his wealth vanish in just six months, as falling oil prices crushed the value of his company, Continental Resources, Inc (CLR), bringing his net worth down from $18.5 billion in June of last year to $9.3 billion...

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Swiss shock crushes US currency broker

NEW YORK (CNNMoney) The Swiss central bank shocked global financial markets this week by ending its peg on the franc. The move caused the Swiss currency to skyrocket, sparking big losses for investors who were betting against such a move. Some...

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Charlie Hebdo co-founder: Prophet cartoons went too far

NEW YORK (CNNMoney) Henri Roussel, now 80, wrote a letter with his views in the wake of the terrorist attack at the magazine's office in Paris. Twelve people were killed, including Charbonnier, known as "Charb." Roussel called Charbonnier "brilliant"...

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