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Latest financial news - CNNMoney.com Logo Latest financial news - CNNMoney.com

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Why Trump's 'giant' middle class tax cut is... President Trump on Wednesday made what the White House billed as his "closing argument" for the Republican tax plan making its way through Congress. His main argument: The proposals will result in a "giant tax cut" for the middle class.

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Fed chair calls bitcoin 'highly speculative' Bitcoin's wild rally has enraptured investors in recent weeks. But the chair of the Federal Reserve isn't buying into the hype.

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Navajo Nation sues Wells Fargo over 'predatory'... The Navajo Nation has sued Wells Fargo, claiming the bank targeted tribal members with "predatory sales tactics."

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'Mannequin Skywalker' takes flight on Blue... Blue Origin, the space exploration outfit headed by Amazon founder Jeff Bezos, sent a dummy on a test flight to space on Tuesday.

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MP tells Facebook to look harder for Russian... Facebook says that a Russian troll farm with links to the Kremlin that spent $100,000 on Facebook ads in an attempt to influence U.S. politics only spent $0.97 targeting British voters ahead of the Brexit referendum. But the head of a parliamentary committee investigating fake news and online misinformation in the United Kingdom says he's concerned Facebook hasn't looked hard enough.

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A month after a New York woman died, someone... Margaret Mary Basco died on June 9, 2017, at Saint Peter's Hospital in Albany, New York. She was 58.

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The future of how the internet is regulated is... Read full story for latest details.

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Federal Reserve, buoyed by stronger economy,... Read full story for latest details.

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JPMorgan fund for Detroit entrepreneurs just... A fund for Detroit-based small businesses that are run by minorities just tripled in size.

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26-year-olds face challenges as they fall off... Marguerite Moniot felt frustrated and flummoxed. Despite the many hours she had spent in front of the computer this year reading consumer reviews of health insurance plans offered on the individual market in Virginia, she still did not know what plan was right for her.

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Entrepreneur donates $50 million to college he... Austin McChord wasn't the best student at Rochester Institute of Technology.

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Stocks hit record highs on tax bill hopes Read full story for latest details.

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Delta set to place huge order with Airbus In what would be a blow to American aerospace giant Boeing, Delta Air Lines is set to order around 100 jetliners from European rival Airbus, according to two people familiar with the deal.

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Britain has lost 65,000 retail jobs since... Britain has lost 65,000 retail jobs since it voted to leave the European Union, a decline fueled by increased online competition and a Brexit-induced wage squeeze.

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Apple is backing up AirPods with American jobs Apple is pouring $390 million into an American company that helps power AirPods and FaceID -- an investment that will create 500 jobs in Texas.

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Target buys same-day delivery service with an... Target wants to offer same-day delivery service for online purchases.

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Facebook and Twitter must be held responsible... Facebook, Twitter and Google should be held responsible for illegal content on their platforms, a top U.K. ethics panel said Wednesday.

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Credit card debt is costing you nearly $1,000... There's plenty to crow about in the economic picture right now: the stock market is charging ahead and the economy is expanding. But the bad news is that credit card debt is on the rise.

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How should I invest my retirement savings for... I plan on retiring within the next year or so with about $250,000 in my retirement accounts. How do I invest that money for monthly income without going through my assets too quickly?--R.R.

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Germany's Axel Springer joins trade association... European publishing giant, Axel Springer, is sending a signal to the advertising duopoly, Facebook and Google: It is taking its battle with the internet giants from Europe to the United States.

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Articles last updated at Dec 13, 2017 16:53:52pm.
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