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Preview: Business and financial news - CNNMoney.com

Business and 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, 13 Dec 2017 19:47:32 EST

Copyright: © 2017 Cable News Network LP, LLLP.
 



Fed chair calls bitcoin 'highly speculative'

Wed, 13 Dec 2017 16:21:58 EST

Federal Reserve chair Janet Yellen says bitcoin is not a stable source of value, but she says that the risks that bitcoin poses to financial stability are "limited."(image)



Yellen: deficits could make it harder to fight recession

Wed, 13 Dec 2017 18:56:41 EST

Federal Reserve Chairwoman Janet Yellen on Wednesday raised concerns higher deficits may offer fiscal policy makers little room to respond to a future U.S. recession.(image)



Trump's 'giant' middle class tax cut is less than advertised

Wed, 13 Dec 2017 17:03:00 EST

President Trump said Wednesday the Republican tax plan working its way through Congress will result in a 'giant tax cut' for the middle class. Here's the reality.(image)



John McCain to Trump: Lay off the 'fake news' claims

Wed, 13 Dec 2017 18:07:57 EST

Senator McCain, a Republican from Arizona, called Trump's frequent 'fake news' claims 'harmful' and shared data about imprisoned reporters.(image)



Federal Reserve lifts rates again

Wed, 13 Dec 2017 18:03:08 EST

At its final meeting of 2017, policy makers set aside concerns about persistently low inflation and instead focused on meaningful economic improvements.(image)



Navajo Nation sues Wells Fargo over 'predatory' practices

Wed, 13 Dec 2017 17:03:33 EST

A federal lawsuit filed Tuesday alleges that Wells Fargo targeted tribal members with a fake account scam.(image)



MP to Facebook: Look harder for Russian Brexit meddling

Wed, 13 Dec 2017 15:01:52 EST

Facebook says a Russian troll farm with links to the Kremlin only spent $0.97 targeting British voters ahead of the Brexit referendum. But the head of a parliamentary committee says he's concerned Facebook hasn't looked hard enough.(image)



How a dead woman campaigned against net neutrality

Wed, 13 Dec 2017 16:04:33 EST

Investigators say the identities of more than one million Americans, both dead and alive, may have been used to hijack the FCC's public comment process on net neutrality.(image)



JPMorgan fund for Detroit entrepreneurs just tripled

Wed, 13 Dec 2017 13:58:31 EST

A fund for Detroit-based small businesses run by minorities just tripled in size.(image)



The internet's future is about to be decided

Wed, 13 Dec 2017 14:44:15 EST

Read full story for latest details.(image)



26-year-olds face insurance challenges

Wed, 13 Dec 2017 14:05:52 EST

For young adults, buying their own health insurance for the first time is anything but simple. Now, Trump administration revisions to the law and congressional bills injecting uncertainty into insurance markets has made the task much more difficult.(image)



The gender pay gap doesn't close - even at the top

Wed, 13 Dec 2017 09:29:29 EST

Read full story for latest details.(image)



Credit card debt costs you nearly $1,000 a year

Wed, 13 Dec 2017 14:17:07 EST

Households pay an average of $904 a year in interest alone because of credit card debt, according to an analysis by NerdWallet.(image)



Target taking on Amazon

Wed, 13 Dec 2017 15:01:10 EST

Target announces $550 million purchase of Shipt, a same-day delivery service for online purchases.(image)



How should I invest my retirement savings?

Wed, 13 Dec 2017 11:10:13 EST

You don't want to spend your retirement worrying whether the next market setback will decimate the nest egg you worked an entire career to build.(image)



College gets $50M from student who barely graduated

Wed, 13 Dec 2017 14:06:05 EST

Startup founder is making good on an old promise.(image)



Disney-Fox deal would be a media earthquake

Wed, 13 Dec 2017 10:12:13 EST

Read full story for latest details.(image)



Delta set to place huge order with Airbus

Wed, 13 Dec 2017 15:47:35 EST

The deal is a blow to U.S. aerospace giant Boeing, which hoped to sell 100 737 Max 10 airliners to Delta.(image)



Will 2018 be better for Under Armour?

Wed, 13 Dec 2017 11:00:18 EST

Under Armour is the worst performing stock in the S&P 500 for 2017. The company is hopeful that it can get back on track next year but analysts are still skeptical. Competition from Adidas and Nike continues to be fierce.(image)



'Mannequin Skywalker' takes flight on Blue Origin rocket

Wed, 13 Dec 2017 15:23:05 EST

Blue Origin just logged its seventh successful test flight, this time with a capsule fit to fly humans.(image)