Madonna's 'Material Girl' look hits the auction block

NEW YORK (CNNMoney) Several iconic pieces from Madonna's career and personal life are on the auction block, including the Marilyn Monroe-inspired dress, stole and jewelry featured in the 1984 "Material Girl" music video. The dress is expected...

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America's dual economy

NEW YORK (CNNMoney) If you're a glass half-full type, it's easy to point to the fact that the economy is expanding again and unemployment is at a six year low. Gas is back under $3 a gallon, the stock market is at an all-time high and this year's...

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Berkshire earnings take a hit on Tesco losses

NEW YORK (CNNMoney) That's because the investment company took a massive $678 million charge for its investment in Tesco (TESO), a British grocery chain that has seen its shares plunge this year. The grocer has been struggling amid increased competition...

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America's most expensive home for sale: $195 million

The most expensive home for sale in the United States right now lies on a 25-acre site of Beverly Hills. NEW YORK (CNNMoney) That makes it the most expensive home listing in the United States, according to Coldwell Banker. Called the Palazzo...

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Hong Kong's growing wealth gap fuels protests

Hong Kong's ongoing pro-democracy protests are also driven by worries over income inequality. HONG KONG (CNNMoney) The gap between the rich and poor in the city is among the widest in the world, and the problem is only getting worse. Complaints...

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Takata hid results of secret airbag tests - report

HONG KONG (CNNMoney) The report, published by the New York Times, alleges that Takata engineers carried out secret tests on discarded airbags in 2004, after becoming concerned over an incident in Alabama in which one of the company's airbags ruptured....

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The latest trend in housing? Roommates

NEW YORK (CNNMoney) The percentage of adults living with someone other than a spouse or partner hit 32% nationwide in 2012, up from 26% in 2000, according to Zillow's analysis of the latest Census Bureau data. And, judging by the ongoing decline...

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Whole Foods shares pop on best-ever sales

NEW YORK (CNNMoney) The company made $128 million in the fourth quarter on top of a record $3.3 billion in sales. Both figures were 9% higher than they were the same time last year. Its earnings beat Wall Street's expectations. Related: Whole...

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This suit will give you superhuman strength

NEW YORK (CNNMoney) Lockheed Martin (LMT) has developed Fortis, an exoskeleton that can shoulder the first 36 pounds of whatever its user is holding. The company is beginning to test the technology in factories around the country, starting with the...

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New Jawbone tracker takes your heart rate

NEW YORK (CNNMoney) Unfortunately, it can't do it all those things right now. Jawbone is adding two new fitness trackers to its lineup, including the new $179 Jawbone UP 3 wristband. But instead of waiting until all the features are ready to...

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Strong cable, box office performance helps 21st Century Fox

NEW YORK (CNNMoney) The media conglomerate reported quarterly revenues of $7.89 billion, an increase of 12% from the year prior. In a letter to investors, CEO Rupert Murdoch said that momentum from cable programming and the company's slate of films...

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Red-leaning states say yes to a higher minimum wage

NEW YORK (CNNMoney) Based on the results tallied by 1:15 a.m. EST, voters in Arkansas, Nebraska and South Dakota -- all red-leaning states -- had approved proposals to raise their state-level minimum wages over the next few years. Arkansas: The...

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AMC warns about a 'Walking Dead' blackout

AMC says a possible "Walking Dead" blackout looms. NEW YORK (CNNMoney) Yes, it's yet another fight over subscriber fees, but this one is threatening a show that 15 million people love to watch every week, and the channel is being pretty explicit...

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Highwire Nik Wallenda's act falls in ratings

Nik Wallenda's skywalk went off without a hitch for Discovery, even though the ratings weren't as good as 2013's original. NEW YORK (CNNMoney) The network's special "Skyscraper Live" had to compete with zombies and the NFL for ratings. The...

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Chinese courts are selling seized assets on Alibaba's Taobao

HONG KONG (CNNMoney) Chinese courts are auctioning off some goods seized in the government's anti-corruption campaign on Taobao.com, a popular online shopping site owned by Chinese tech giant Alibaba (BABA, Tech30). More than 500 courts have joined...

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Faster Internet to the middle of the ocean

This would make for a great Instagram photo. NEW YORK (CNNMoney) Carnival Cruise Lines (CCL) unveiled a long-range broadband system Monday designed to jumpstart Internet connections on its 101 ships. Passengers have had access to spotty satellite-based...

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Fox cancels experimental reality show 'Utopia'

The cast of Fox's "Utopia" with network executives. NEW YORK (CNNMoney) The show -- which was supposed to document the lives of 15 strangers over a full year as they tried to build a perfect society -- was Fox's attempt at TV experimentation....

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Hong Kong has a tycoon problem

HONG KONG (CNNMoney) Take Asia's richest man, Li Ka-shing, 86, with an estimated net worth of $33 billion. Li controls vast tracts of property, and owns some of the city's biggest supermarket chains, telecoms, major ports and shipping firms, and...

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How I taught my kids to invest

The Ellerbroek family. NEW YORK (CNNMoney) That's the message Angie Ellerbroek is instilling in her three children. They are all under 12-years-old, but they already own stock. "We're middle class of the middle class," Angie, who lives in...

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Branson: The dream of space tourism lives on

NEW YORK (CNNMoney) "We are determined to know what went wrong and are working closely with authorities to get that information," Branson said Saturday at a press conference in the Mojave Desert, near the site of the accident. From CNN: 1 dead,...

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NBC is developing a reality show with Virgin Galactic

NEW YORK (CNNMoney) The network declined to comment. But according to Deadline, NBC is now "gathering information on the situation" regarding the reality series. During a test flight, a "serious anomaly" caused Virgin's commercial space craft to...

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Chipotle gives costumed customers $3 burritos

NEW YORK (CNNMoney) The chain is giving $3 burritos, tacos, salads and bowls to anyone who comes to one of its stores wearing a costume this Halloween. Related: Treat not trick for stock market with record close Chipotle is also giving $2,500...

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Americans pay more for slower Internet

South Koreans benefit from the world's most cost-effective high-speed Internet. NEW YORK (CNNMoney) That's one of the conclusions from a new report by the Open Technology Institute at the New America Foundation, which looked at the cost and speed...

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NBC is developing a reality show with Virgin Galactic

NEW YORK (CNNMoney) The network declined to comment. But according to Deadline, NBC is now "gathering information on the situation" regarding the reality series. During a test flight, a "serious anomaly" caused Virgin's commercial space craft to...

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