Business: Latest Financial Topics from CBS News

Cigarette smoking could burn your job prospects
The habit costs more than just the price of cigarettes, researchers say

​Canadian Pacific ends bid to buy Norfolk Southern
Deal would have expanded Canadian Pacific’s network across the U.S., and many believed it would have triggered a wave of mergers

Goldman Sachs to pay $5.1 billion for deceptive mortgage practices
Federal settlement details how investment bank misled investors in the run-up to the housing crash

​Venezuela’s cellphone providers suspend int’l calls
Moves are related to currency rationing, which is increasingly cutting Venezuela’s global trade; many airline have also abandoned the country

​Will McDonald’s stock keep on cooking?
All-day breakfast has flipped the one-time beleaguered fast-food giant into a stock market star

​China stimulus hopes boost global stocks
U.S. markets looked set for gains, with S&P futures up 0.4 percent; Dow futures added 0.3 percent

U.K.’s Daily Mail circles Yahoo
Yahoo is under intense pressure to revive its revenue growth, and an activist investor is pushing for a change in leadership

​Hertz trims revenue outlook; shares tumble
Shares tumbled 9 percent before the opening bell; Hertz’ gloomy outlook dragged down rival Avis in premarket trading as well

Why “organic” shampoo can be loaded with chemicals
A case in point is Hain Celestial, now paying out $7.5 million for false advertising of Avalon Organics personal care goods

Homes: What you can buy for $7 million
Buyers with a budget of this size can live large in many markets around the country — mighty large

Tax payment options for when you owe the IRS
It’s just about time to pay up, and though you may not be happy about it, you have more ways than ever to do it

Pfizer’s next takeover target will be American
It failed on the tax-favored Allergan deal, but it still needs to expand — only now it will be looking closer to home

Buckle up — first-quarter earnings look to be awful
Analysts are bracing for the worst reporting season since 2009 and the fourth straight quarter of lower profits

​Taking the dog biscuit taste test
At Bocce’s Bakery in New York City, employees happily sample their all-natural, no-preservative, gourmet dog treats

How Iceland responded to its banking collapse
The crash of 2008 put the economies of many nations on ice

​Samuel Adams’ Jim Koch continues to brew success
The Boston beer maker who launched the country’s craft brew industry continues to help aspiring brewers get ahead

​Skipping school to become tech giants
Forget student loan debt: These young people are dropping out of college, or high school, to make their Silicon Valley dreams real – and they have the backing of an Internet billionaire

Sam Adams: The American beer revolutionary
Currently, there are more than 4,000 craft brewers in the United States

Investing in college dropouts with big ideas
A select group of whiz kids seems to be thriving despite having dropped out of college

Watch out for that fine print
Do you actually read all the fine print in online contracts before clicking “Agree”

Hugh Jackman: A superhero to fair trade coffee growers
For Hugh Jackman, the Tony- and Emmy Award-winning actor best known for playing the Marvel Comics character Wolverine, his most important role just might be in the coffee business

​Mellody Hobson: To save money, skip the plastic
Forget the “cashless society”: Financial advisor says limiting yourself to cash expenditures will prevent you from digging further into a hole of debt

Cashing out: Mellody Hobson on how to save when you spend
Financial pundits have long predicted our transformation to a “cashless society.”

Stricter rules for brokers giving retirement advice
In an effort to crack down on backdoor payments and hidden fees, the Department of Labor just released new rules on how financial professionals must handle retirement accounts

Moneywatch: Dave & Buster’s plans to expand; Best Buy’s new delivery option
Dave & Buster’s plans to open 10 locations this year, and Best Buy will soon offer same-day delivery

​Why the USPS Forever stamps aren’t living up to their name
The postal service is cutting stamp prices for the first time in 97 years, and it isn’t happy about it

SoulCycle spin studio co-founders depart
Two women who started what’s now a 60-location health club with a cult following are resigning as co-chief creative officers

Will U.S. economy shake off its latest deep freeze?
Growth is slowing sharply in the first three months of the year, but forecasts are mixed about where we go from here

Tourism to France rose in 2015 despite Paris attacks
Paris tourism took a hit following the violence but the country is still the world’s leading tourist destination and hotel stays even rose in 2015

​The cost of driving has hit a six-year low — here’s why
The annual cost to own and operate a car is falling, AAA finds, though some expenses are surging

Bernie Sanders spars with GE’s CEO, and other MoneyWatch headlines
Bernie Sanders and the CEO of GE are in a war of words over whose economic policies are better for America; over 40 percent of student borrowers aren’t paying back the government; layoffs at Victoria’s Secret

​Pacific Sunwear files for Chapter 11 bankruptcy
Beach-life clothing chain hopes to continue to operate its nearly 600 stores under an agreement with a private equity firm

That email from your CEO could be a scam
A scheme in which criminals impersonate top executives raising money has resulted in losses of more than $2 billion, FBI says

Planning a trip? 8 pesky costs and how to avoid them
You carefully planned your next trip, but hidden costs like additional transportation and resort fees can quickly blow your budget

4 Fed leaders face questions about their powerful jobs
Janet Yellen was quizzed about whether she felt the Fed’s rate hike in December, a quarter-point move, had been a mistake

​Less-shady reasons for owning an offshore account
They’re not just for money-laundering and hiding bribes — they have several legitimate uses as well

​Energy stocks lead an early gain on Wall Street
But Gap plunged 9 percent after reporting big drops in March sales and that weighed on other retailers too

Christine Lagarde calls for more cooperation in global finance
IMF Managing Director highlights the major concerns facing the global economy and why “protectionism” is not the solution

5 weird ways you can hurt your credit
You know bankruptcy and foreclosure can ding your credit, but there are also some off-the-beaten-path ways you can damage your rating

​World stocks mixed, Japan supported by stimulus speculation
U.S. stocks were poised to open higher, with both Dow and S&P 500 futures advancing 0.5 percent

IMF’s Christine Lagarde on shadow banking, health of global economy
Lagarde pushes for world cooperation, despite fears of economic insecurity and terrorism

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