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New data suggest debt ceiling crunch to hit in first half of October

9 years 3 months ago

With revenue numbers in for June, the Bipartisan Policy Center now projects the U.S. Treasury will face a cash crunch by the first half of October if Congress fails to raise or suspend the country's debt ceiling soon.

Obamacare taxes on the rich may remain after all

CNN Money

9 years 3 months ago

Looks like the Senate health care bill may not cut Obamacare's taxes on the rich.

Americans are more willing to go into debt for experiences

CNN Money

9 years 3 months ago

Americans are more willing to use debt to buy a vacation than to buy a new sofa, according to a new study.

Newspapers face steep uphill climb in effort to negotiate with Google, Facebook

CNN Money

9 years 3 months ago

Four years ago, Amazon founder Jeff Bezos was asked if his company's "ruthless" pursuit of market share was driving book stores out of business.

Former Anheuser-Busch CEO arrested for allegedly trying to fly a helicopter while intoxicated

CNN Money

9 years 3 months ago

The scion of the Busch beer dynasty spent Monday night in police custody.

Isolated Qatar is defiant. What happens next?

CNN Money

9 years 3 months ago

Arab countries boycotting Qatar aren't planning to end its isolation anytime soon, and could step up the pressure.

Trump rally being kept alive by mega profits. Will that continue?

CNN Money

9 years 3 months ago

The Trump rally on Wall Street was built on hopes of massive tax cuts. With tax reform's fate uncertain in Washington, the rally is now being kept alive by massive corporate profits.

What happens if Congress doesn't repeal Obamacare

CNN Money

9 years 3 months ago

Even if Congress fails to repeal Obamacare, Republicans have a big decision on their hands.

U.S. expects to lift laptop ban soon for remaining flights

CNN Money

9 years 3 months ago

Passengers flying to the U.S. from foreign airports still affected by the electronics ban may soon be able to bring their laptops on board the plane.

Yellen talks; Trump Jr. tweets; Oil in focus

CNN Money

9 years 3 months ago

1. Fed focus: The head of the U.S. Federal Reserve, Janet Yellen, is set to begin two days of hearings on monetary policy before House and Senate lawmakers.

Iran expects to sign more big oil deals 'within weeks'

CNN Money

9 years 3 months ago

A trickle of foreign investment into Iran's oil industry could turn into a flood over the next five years.

Takata adds 2.7 million new airbags to giant recall

CNN Money

9 years 3 months ago

Takata has added millions more airbags to the biggest automotive recall in U.S. history.

Trump sued by blocked Twitter users

CNN Money

9 years 3 months ago

A group of Twitter users blocked by President Trump has filed a lawsuit against him, claiming the president blocking users on the social network is unconstitutional.

Pro-Trump media scrambles to react to bombshell emails

CNN Money

9 years 3 months ago

Raheem Kassam, editor-in-chief of Breitbart London, reacted to the story of Donald Trump Jr.'s newly-released emails in a way that wouldn't typically be expected from someone at the far-right outfit, which is a reliable supporter of President Trump.