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Latest financial news - CNNMoney.com



CNNMoney.com, the business website of CNN, combines business news and in-depth market analysis with practical advice and answers to personal finance questions.



Published: Wed, 18 Jan 2017 15:41:25 EST

Copyright: © 2017 Cable News Network LP, LLLP.
 



Fox nixes Super Bowl ad with 'controversial' wall

Wed, 18 Jan 2017 15:34:07 EST

Fox rejected a Super Bowl commercial that featured a wall, in an apparent reference to the one President-elect Donald Trump says he'll build along the U.S. border with Mexico.(image)



Government sues America's largest student loan company

Wed, 18 Jan 2017 15:23:01 EST

Sallie Mae has long drawn the ire of student loan borrowers struggling to pay back their debt.(image)



Obama to press: You make us better

Wed, 18 Jan 2017 15:35:17 EST

Amid growing concerns about his successor's treatment of the media, President Barack Obama began his final press conference on Wednesday by stressing the importance of a free and adversarial press corps.(image)



Yellen: U.S. is near 'maximum employment'

Wed, 18 Jan 2017 15:04:49 EST

Federal Reserve Chair Janet Yellen gave the U.S. economy a nearly clean bill of health, two days before Donald Trump arrives at the White House.(image)



Trump makes $25 million payment for Trump U settlement

Wed, 18 Jan 2017 14:49:55 EST

Two days before his swearing in, Donald Trump has forked over $25 million to settle three Trump University fraud lawsuits.(image)



American Airlines introduces Basic Economy fare

Wed, 18 Jan 2017 14:42:06 EST

American Airlines is the latest airline to offer stripped-down airfare for a lower price.(image)



The biggest winners and losers from Trumponomics

Wed, 18 Jan 2017 13:44:20 EST

If President-elect Donald Trump is able to get the economy growing at a faster clip, many giants of Corporate America will benefit. But there will also be some notable losers.(image)



JPMorgan Chase accused of paying women less than men

Wed, 18 Jan 2017 13:27:59 EST

The U.S. sued JPMorgan Chase Wednesday, accusing the nation's largest bank of paying some women tech workers less than their male counterparts.(image)



Trump scores PR win against automakers, but can he take credit for the jobs?

Wed, 18 Jan 2017 13:04:12 EST

Investments of $5.8 billion. Promises of at least 4,700 new factory jobs.(image)



Carlos Slim to launch TV channel for Mexican audience in U.S.

Wed, 18 Jan 2017 13:34:00 EST

Telecommunications mogul Carlos Slim has announced his intention to launch a channel tailored to the Mexican audience in the United States.(image)



China's first freight train to the U.K. arrives in London

Wed, 18 Jan 2017 12:21:07 EST

One of the longest train journeys in the world has just ended.(image)



Banks begin moving thousands of jobs out of Britain

Wed, 18 Jan 2017 12:10:56 EST

Banks are already preparing to move thousands of jobs out of Britain after Prime Minister Theresa May revealed that she wanted a complete break with the European Union.(image)



What Congress wants to know from Steve Mnuchin, Trump's treasury pick

Wed, 18 Jan 2017 11:45:49 EST

Steven Mnuchin's confirmation hearing to be the next treasury secretary is almost certainly going to be contentious.(image)



McDonald's just tweaked the Big Mac

Wed, 18 Jan 2017 11:26:49 EST

McDonald's Big Mac is getting even bigger. And smaller.(image)



The 1 thing Millennials need to know about investing

Wed, 18 Jan 2017 11:22:41 EST

Read full story for latest details.(image)



Larry Summers: Trump's policies will kill more jobs than they save

Wed, 18 Jan 2017 12:08:41 EST

Donald Trump's polices will end up hurting his voters, a former U.S. Treasury secretary said on Wednesday.(image)



Trump: 'I'm not a fan of Tom Ford'

Wed, 18 Jan 2017 10:44:00 EST

Add fashion designer Tom Ford to the list of Donald Trump's feuds.(image)



Is now the time to invest my retirement savings in stocks?

Wed, 18 Jan 2017 10:15:47 EST

I pulled my retirement savings out of the stock market just before Brexit and then kept it out because I was worried about what might happen to stocks in view of the elections. I'd like to get back in but I'm not sure this is the right time. What's your advice on how and when I should start getting back into the market? --Edward, Texas(image)



Saudi Arabia's giant oil IPO on track for 2018

Wed, 18 Jan 2017 13:07:42 EST

The world's biggest oil company, Saudi Aramco, is still planning to go public next year.(image)



Wilbur Ross calls China 'the most protectionist country'

Wed, 18 Jan 2017 14:37:19 EST

Billionaire Wilbur Ross, President-elect Donald Trump's pick for commerce secretary, wants countries that resort to "malicious" trading tactics to be "severely" punished.(image)