Top Consumer Stories

Federal Reserve

Floyd Yarmuth/CNN

Federal Reserve stays on cruise control

The U.S. economy is strengthening but the Federal Reserve remains in cruise control.

The Fed decided to once again reduce its monthly bond purchases by $10 billion, as expected.

The central bank has been gradually reducing, or tapering, its monthly…

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NY stock exchange

Lucas Jackson/Reuters

Stocks perk up after Fed sticks to plan

Stocks trimmed losses Wednesday after the Federal Reserve did pretty much what everyone expected.

The Dow Jones industrial average was flat, but the S&P 500 and the Nasdaq both moved higher. Bind yields rose as well, a sign that investors believe…

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Office chairs

'Brutally honest' cover letter leads to job

For fresh-faced college graduates looking to land that first job, standing out from the crowd is never easy. Matthew Ross did just that.

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Facebook on laptop

Ariana McLaughlin/CNN

Facebook to shut down Gifts service

Facebook is getting out of the business of gift card peddling.

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Family cars - 2011 Hyundai Sonata 1

Hyundai recalls 883,000 Sonatas

Hyundai is recalling 883,000 Sonata sedans, one of its most popular models, for a problem with its transmission that could cause the car to be in a different gear than shown on its dashboard.

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Hyundai recalls 883K Sonatas to fix gear shifters

Hyundai is recalling its popular Sonata midsize sedan to fix problems with the gear shift levers.

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GM, General Motors

GM sued by more than 600 recall victims

More than 600 victims of crashes involving recalled General Motors cars have gone to federal court seeking compensation from the automaker.

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Dorm, residence hall

llhoward/iStock

Weddings? Babies? College kids registering for gifts too

Move over brides and expectant moms: Now college-bound kids want to be showered with gifts also.

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GDP 2Q

CNNMoney

U.S. economy bounces back sharply

What a relief. The deep economic contraction earlier this year was temporary after all.

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