Jeanne Sahadi

Goldman pushes hedge funds for your 401(k)

finance.fortune.cnn.com — Wall Street is rolling out low-minimum mutual funds that will let you lose money like a high roller. FORTUNE -- Usually Wall Street waits for a bubble before it pushes an investment on average Joes. So it's certainly a change that the returns on the investment Wall Street is currently trying to sell to individual investors have stunk lately.

How Apple scores its lower tax bill

money.cnn.com — Apple pays a lot in taxes to the U.S. government. But many tax experts and lawmakers say Apple's tax bill would be bigger if the company didn't take advantage of so many loopholes in the tax code that let it effectively shift profits to offshore subsidiaries in low-tax countries.

Oklahoma Tornado: Dog Emerges From Debris

youtube.com — A woman whose home was flattened by a deadly tornado in Oklahoma City was reunited with her dog as a CBS crew recorded an interview with her. More on the tornado here: http://news.sky.com/story/1093499/oklahoma-tornado-up-to-91-people-killed

Overworked IRS unit was treated like a "step sister"

money.cnn.com — IRS staffers who reviewed applications from groups seeking charity tax exempt status were overworked, understaffed and lacked a layer of experienced middle managers. The Internal Revenue Service group under fire in the current scandal was overworked, understaffed and lacked a layer of experienced middle managers, according to two former IRS employees.

Overworked IRS unit was treated like a "step sister"

money.cnn.com — IRS staffers who reviewed applications from groups seeking charity tax exempt status were overworked, understaffed and lacked a layer of experienced middle managers. The Internal Revenue Service group under fire in the current scandal was overworked, understaffed and lacked a layer of experienced middle managers, according to two former IRS employees.

David Beckham retires from football

edition.cnn.com — May 16, 2013 -- Updated 1425 GMT (2225 HKT) (CNN) -- David Beckham, one of the most iconic football stars of his generation, has announced his retirement. His decision comes days after the 38-year-old won his latest title with French club Paris Saint-Germain.

Obama to name budget official as acting IRS chief

politicalticker.blogs.cnn.com — (CNN) - President Barack Obama will name Danny Werfel, an official in his budget office, as the acting commissioner of the Internal Revenue Service, a White House official and a Democratic source familiar with the decision said Thursday. The previous acting commissioner resigned Wednesday after revelations the tax agency was applying extra scrutiny to conservative groups applying for tax exempt status.