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Trump says he's giving the middle class a Christmas present, but the wrapping hides an underwhelming gift

money.cnn.com

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.

Future of internet regulation about to change

Read full story for latest details.

Britain has lost 65,000 retail jobs since Brexit vote

money.cnn.com also on CNN / Money

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.

JPMorgan fund for Detroit entrepreneurs just tripled

money.cnn.com

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

Top Stories in last day

01

Federal Reserve lifts rates again

money.cnn.com also on CNN / Money

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

22

Delta set to place huge order with Airbus

money.cnn.com also on CNN / Money

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

Target taking on Amazon

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

21

Stocks hit record highs on tax bill hopes

money.cnn.com also on CNN / Money

The market popped following reports of a tax reform deal in the House and Senate. Investors are hoping that a tax bill will lead to even stronger corporate profits and consumer spending. And that should push the market even higher.

18

U.K. panel dings Facebook, Twitter over illegal content

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

Will 2018 be better for Under Armour?

money.cnn.com also on CNN / Money

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.

17

What a Disney-Fox deal would mean for media

money.cnn.com also on CNN / Money

If all goes as the media world expects, at some point this week or next Disney will announce that it is purchasing a large chunk of 21st Century Fox in what would be one of the largest media deals in recent years.

16

Trump wants more poor Americans to work

money.cnn.com

Work requirements will likely be a central feature of Republicans' overhaul of the nation's safety net. But many poor Americans already work.

10

Google's top searches for 2017

The year was dominated by searches related to sexual harassment, politics, hurricanes and a baby giraffe.

04

Canada shuns Boeing, will buy used Australian fighter jets

money.cnn.com also on CNN / Money

Instead, Canadian officials announced Tuesday the country will buy used, older model F/A-18's from Australia. The decision is a major blow to Boeing, which loses out on an approximately $5.23 billion deal.

02

White House spokeswoman warns CNN reporter

money.cnn.com

The White House's top spokesperson had a warning for a CNN reporter on Tuesday: Ask President Trump a question at an event you're about to attend, and you may not be allowed into similar events.

Tuesday, Dec 12

After I bought $250 in bitcoin, selling it was complicated

money.cnn.com also on CNN / Technology

The only thing more nerve-racking than buying bitcoin right now may be trying to get your money out.

South Koreans' 'fear and greed' fuel bitcoin fever

money.cnn.com also on CNN / Money

Students are checking the price between classes, workers are trading as they line up for coffee, and grandparents are playing the market at home.

SpaceX is taking beer research to space

money.cnn.com also on CNN / Technology

SpaceX is launching barley for a Budweiser-backed experiment.

It has doubled in price and could keep rising

money.cnn.com also on CNN / Money

The start of trading in bitcoin futures suggests the rally in bitcoin prices still has some ways to go.

Monday, Dec 11

Twitter announces all-women speaker lineup at CES

Twitter is hosting a panel of women leaders at CES in response to the show's all-male keynote speaker lineup.

Saudi Arabia to open movie theaters after 35-year ban

money.cnn.com also on CNN / Money

Movie theaters will open their doors in Saudi Arabia for the first time in over 35 years.

Volkswagen used to love diesel. Not anymore

money.cnn.com also on CNN / Money

The chief executive of Volkswagen says Germany should reduce subsidies for diesel cars and ban heavily polluting vehicles from its city centers.

New step for Bitcoin's wild ride: Futures trading

money.cnn.com also on CNN / Money

Here's why bitcoin's debut on the Chicago Board Options Exchange is a big deal.

Sunday, Dec 10

The hidden fear driving the market surge

money.cnn.com also on CNN / Money

Fear of missing out is helping to fuel the booming stock market as Americans watch Wall Street smash record after record.

Saturday, Dec 9

Facebook shares its sexual harassment policy

The company made its policy on handling harassment and bullying public to help smaller companies.

Billionaire: Trump asked if Amazon is monopoly

money.cnn.com

At a White House dinner this summer Trump reportedly asked business executives if they thought Amazon was a monopoly.