The Daily Money: The reasons for Target’s stock drop; baby formula and the Defense Production Act

Former Rep. Harold Ford Jr. fired for alleged ‘misconduct;’ denies wrongdoing

Morgan Stanley said the former Tennessee congressman was terminated for ‘conduct inconsistent with our values and in violation of our policies.’

Bitcoin tops $16,000, and its $271B market value passes Home Depot’s

The cryptocurrency’s rise in price makes it more valuable than all but 12 of the 500 companies in the S&P 500 stock index.

4 money-saving strategies from spouses who bank 85% of their income

Some couples live modestly, choosing to save and invest about 85% of their income.