CNN Breaking News
U.S. stocks rallied as investors cheered a much stronger than expected jobs report, with the Dow ending at its highest point since 2008. The Nasdaq reached levels not seen since 2000, increasing 46 points on Friday, or 1.6%. The S&P 500 added 19 points for the day, up 2.1% for the week. The rally was sparked by the Labor Department's monthly jobs report, which showed that the U.S. economy added 243,000 jobs in January. The unemployment rate dropped to 8.3%.
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02/03/12 11:30
CNN Breaking News
Susan G. Komen for the Cure to restore Planned Parenthood breast cancer screening funds, Sen. Frank Lautenberg says.
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02/03/12 08:47
CNN Breaking News
U.S. employers stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row. Employers added 243,000 jobs in January, the Labor Department reported Friday, marking a pick-up in hiring from December, when the economy added 203,000 jobs. Meanwhile, the unemployment rate fell to 8.3% from 8.5%. The report was stronger than most economists had expected. But the job market still has a long way to go to fully recover from the financial crisis. The economy still needs to add about 6 million jobs to get back to 2008 employment levels.
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02/02/12 10:29
CNN Breaking News
Donald Trump to endorse Mitt Romney for president today in Las Vegas, sources with knowledge of endorsement tell CNN.
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02/01/12 17:11
CNN Breaking News
Facebook files to raise $5 billion in an initial public offering of stock. In 2011, Facebook earned $1 billion on sales of $3.7 billion. As of December 31, Facebook had 845 million daily active users. The vast majority of Facebook's revenue comes from advertising, a combination of search and display ads.
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02/01/12 16:19
CNN Breaking News
The United States and NATO will end their combat mission in Afghanistan next year, transitioning to a training role, Secretary of Defense Leon Panetta said. "Hopefully, by mid to the latter part of 2013, we'll be able to make a transition from a combat role to a training, advise and assist role," Panetta told reporters traveling with him to Belgium. The information was confirmed to CNN by a defense official.
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02/01/12 14:51
CNN Breaking News
At least 68 people were killed when riots broke out at a soccer game in Egypt, the country's deputy health minister said. Hundreds were injured in the riots, the deputy minister said. The fighting occurred in a stadium in the northeastern city of Port Said at a match between Al-Ahly and the home team, Al-Masry.
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02/01/12 14:39
CNN Breaking News
American Airlines says it plans to cut 13,000 jobs as it attempts to emerge from bankruptcy.
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02/01/12 09:58
CNN Breaking News
'Soul Train' founder Don Cornelius found shot to death in Los Angeles, according to coroner.
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01/31/12 20:02
CNN Breaking News
Mitt Romney will win the Florida Republican primary and all its 50 delegates, CNN projects. Romney becomes the first GOP candidate to win two primary contests this year. He won the New Hampshire primary earlier this month. The battle for the Republican presidential nomination now moves to the Nevada caucuses on Saturday.Tune in to CNN TV for live results from the primary. Also follow our coverage at CNNPolitics.com, on CNN apps, the CNN mobile website and on Twitter at #CNNElections.
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