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Janet Yellen: Tax plan's deficits could make it harder to fight a recession
Wed, 13 Dec 2017 18:53:53 EST
Federal Reserve Chairwoman Janet Yellen raised concerns Wednesday that deficits, which are expected to be driven higher by the tax plan now in Congress, may give policy makers little room to respond to a future recession.
John McCain to Trump: Lay off the 'fake news' claims
Wed, 13 Dec 2017 18:07:48 EST
Senator John McCain again called out President Trump for his anti-media rhetoric.
Why Trump's 'giant' middle class tax cut is less than advertised
Wed, 13 Dec 2017 16:59:16 EST
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.
Fed chair calls bitcoin 'highly speculative'
Wed, 13 Dec 2017 16:21:48 EST
Bitcoin's wild rally has enraptured investors in recent weeks. But the chair of the Federal Reserve isn't buying into the hype.
Navajo Nation sues Wells Fargo over 'predatory' sales practices
Wed, 13 Dec 2017 16:10:49 EST
The Navajo Nation has sued Wells Fargo, claiming the bank targeted tribal members with "predatory sales tactics."
'Mannequin Skywalker' takes flight on Blue Origin rocket
Wed, 13 Dec 2017 15:23:05 EST
Blue Origin, the space exploration outfit headed by Amazon founder Jeff Bezos, sent a dummy on a test flight to space on Tuesday.
MP tells Facebook to look harder for Russian Brexit meddling
Wed, 13 Dec 2017 14:58:31 EST
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.
A month after a New York woman died, someone used her identity to campaign against net neutrality
Wed, 13 Dec 2017 16:04:33 EST
Margaret Mary Basco died on June 9, 2017, at Saint Peter's Hospital in Albany, New York. She was 58.
The future of how the internet is regulated is about to change
Wed, 13 Dec 2017 14:44:15 EST
Read full story for latest details.
Federal Reserve, buoyed by stronger economy, lifts rates again
Wed, 13 Dec 2017 18:03:08 EST
The Federal Reserve on Wednesday raised interest rates one notch higher as the U.S. economy continues to get healthier.
JPMorgan fund for Detroit entrepreneurs just tripled
Wed, 13 Dec 2017 13:58:19 EST
A fund for Detroit-based small businesses that are run by minorities just tripled in size.
26-year-olds face challenges as they fall off parents' health insurance
Wed, 13 Dec 2017 13:54:09 EST
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.
Entrepreneur donates $50 million to college he barely graduated from
Wed, 13 Dec 2017 13:37:21 EST
Austin McChord wasn't the best student at Rochester Institute of Technology.
Stocks hit record highs on tax bill hopes
Wed, 13 Dec 2017 14:17:19 EST
Read full story for latest details.
Delta set to place huge order with Airbus
Wed, 13 Dec 2017 15:47:35 EST
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.
Britain has lost 65,000 retail jobs since Brexit vote
Wed, 13 Dec 2017 11:33:18 EST
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.
Apple is backing up AirPods with American jobs
Wed, 13 Dec 2017 14:36:45 EST
Apple is pouring $390 million into an American company that helps power AirPods and FaceID -- an investment that will create 500 jobs in Texas.
Target buys same-day delivery service with an eye on Amazon
Wed, 13 Dec 2017 12:24:49 EST
Target wants to offer same-day delivery service for online purchases.
Facebook and Twitter must be held responsible for illegal content - U.K. panel
Wed, 13 Dec 2017 11:26:26 EST
Facebook, Twitter and Google should be held responsible for illegal content on their platforms, a top U.K. ethics panel said Wednesday.
Credit card debt is costing you nearly $1,000 per year
Wed, 13 Dec 2017 11:20:39 EST
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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