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Latest financial news - CNNMoney.com
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Face Off: Test-driving Gillette's new razor
General Motors' legendary CEO Alfred P. Sloan invented the annual styling change when he ordered a new body for the 1923 Chevrolet to cover up the car's nine-year-old technology. The new design made the old model feel out-of-date and was the first step in GM's drive to pass Ford Motor and its unchanging Model T to become the largest automobile company in the world.
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China says it tops Japan as No. 2 economy
China has surpassed Japan to become the world's second largest economy, lagging only behind the United States, a Chinese government official said in remarks published on Friday.
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SEC vs. the media, round two
The Securities and Exchange Commission was not seeking a blanket exemption from public information laws, when it asked Congress to include a little known provision in the Wall Street reform law, the agency said in a letter to lawmakers Friday.
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Stocks: Best monthly gain in a year
Despite a mixed performance on Friday, stocks booked the best monthly gain in a year, with the Dow Jones industrial average and S&P 500 both rising nearly 7% in July.
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Worst job on Earth: BP calling all applicants
It could quite possibly be called the worst job on Earth -- and the position is open.
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