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Latest financial news - CNNMoney.com Jobless claims stagnate The number of Americans filing for first-time unemployment benefits was flat last week, marking yet another sign of lackluster hiring in the spring. More... Japan's economic growth nearly doubles U.S. Japan's gross domestic product grew at nearly double the U.S. rate for the first quarter, an unexpectedly strong sign of recovery in the wake of last year's devastating earthquake and tsunami. More... Wall Street struggles in the face of Europe U.S. stock futures hovered around breakeven Thursday morning, as investors mull worries about Greece ahead of the final pricing for Facebook's initial public offering. More... Facebook to set final IPO price Thursday Facebook's long road to an initial public offering is coming to an end. Late Thursday, it will fill in one last piece of the puzzle: Its final IPO price. More... Foreclosures fall to lowest level since 2007 Foreclosure filings in April fell for the third straight month to the lowest level since July 2007. More... Short-seller Einhorn targets Amazon and Martin... Noted short-seller David Einhorn targeted Amazon and Martin Marietta Materials on Wednesday but was curiously silent on Herbalife. More... Verizon to end unlimited data for upgraders Verizon Wireless is planning this summer to begin forcing smartphone customers with unlimited data plans to switch to tiered plans when they upgrade, the company's chief financial officer told Wall Street analysts on Wednesday. More... Outgoing World Bank chief: Fix eurozone Outgoing World Bank President Robert Zoellick said Wednesday he's concerned about the "ripple effects" on the rest of the eurozone if Greece leaves. More... Federal Reserve concerned about fiscal cliff The Federal Reserve is worried about indecision in Congress. More... Fiscal cliff: What you need to know On Tuesday, House Speaker John Boehner all but promised an ugly fight over the debt ceiling this year unless GOP demands for spending cuts are met. More... Is Greece the Lehman of 2012? With apologies to John Lennon: Imagine a eurozone without Greece. It's easy if you try. More... Half of U.S. cell phones are now smartphones Smartphones are now more common than "dumb" phones. More... FBI opens JPMorgan investigation The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank. More... European leaders scramble to contain Greek debt... Leaders across Europe rushed to reassure nervous investors that they were working to keep Greece in the eurozone -- trying to head-off damage an exit would inflict on other troubled European countries. More... J.C. Penney stock plunges on dismal earnings Investors dumped J.C. Penney stock on Wednesday after a dismal earnings report, following the first full quarter with a former Apple executive at the helm. More... Roger Penske: Racetrack capitalist The death of Carroll Shelby last week got me thinking about what race car drivers do after they pull into the pit lane for the last time. Some, like Shelby, have made even bigger names for themselves off-track than on. More... You're only worth $1.21 to Facebook How much does Facebook value its users? In strictly monetary terms, about as much as a bag of chips. More... Mortgage delinquencies drop to 4-year low The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday. More... Greece worries weigh on U.S. stocks Following a positive start, U.S. stocks closed in the red for a fourth straight session Wednesday, as investors weighed strong U.S. economic data against ongoing uncertainty about Greece's political situation. More... Should you buy Facebook? Facebook's IPO is causing a frenzy among investors eager to get a piece of the social networking website. More... Articles last updated at May 17, 2012 07:26:16am. Next update in 60 minutes.