5 best low-cost index ETFs to buy and hold for long-term investors

There’s a misconception that people need thousands and thousands of dollars before they can start investing. But in today’s world, brokerage accounts can be opened with no initial deposit required, and you can start by buying just one share. That means in many cases your investing journey can start with…

McDonald’s brings back fried apple pie after more than 30 years off menu

McDonald’s announced Tuesday that it is bringing back its fried apple pie to celebrate America’s 250th birthday. The fried apple pies will be available at participating U.S. restaurants for a limited time starting June 23, marking their first broad U.S. rollout in more than 30 years.”Summer tends to move fast…

Verizon drops activation and upgrade fees with new simplified plans

Verizon is looking to attract and retain customers by offering new, simpler plans that will drop activation and upgrade fees while also rolling out a new loyalty program offering discounts and other perks. The company is competing aggressively with AT&T and T-Mobile in the telecoms market, with rivals looking to…

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May 2026 CPI inflation: BLS report shows consumer prices rose last month

This story about the May 2026 CPI inflation report is developing and will be updated with more details. Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war’s impact on the energy market and across the economy.The Bureau of Labor Statistics (BLS)…

Semiconductor ETF up 89% this year as chip industry eyes T revenue threshold

So far this year, semiconductors and the physical infrastructure of artificial intelligence (AI) are dominating the exchange-traded fund (ETF) scene. For example, the iShares Semiconductor ETF is up 89% year to date. Given the intense interest – and investments – in AI, this makes sense. What’s driving the semiconductor boomSemiconductors…

Kia recalls over 6,000 Telluride SUVs over seatbelt malfunction injury risk

Kia is recalling more than 6,000 vehicles because of a seatbelt malfunction that could increase the risk of injury in the event of a crash. The recall potentially affects 6,264 2027 Kia Telluride and Kia Telluride Hybrid models, according to a notice from the National Highway Traffic Safety Administration. The affected…

OpenAI files confidential S-1 with SEC in step toward potential IPO

OpenAI said Monday it has taken a formal step toward a potential stock market debut, signaling that the artificial intelligence company is preparing for the possibility of becoming a publicly traded firm. The move gives OpenAI flexibility to pursue an initial public offering in the future, though the company indicated…

AI drives 40% of US job cuts in May as employers slash 97,000 positions

U.S. employers ramped up layoffs in May as the artificial intelligence (AI) rollout was the leading factor cited by companies cutting their workforces, new data shows. Companies announced 97,006 job cuts in May – an increase of 16% from the 83,387 cuts in April and an increase of 3% from…

NY Fed survey shows consumer pessimism hits worst level since 2022

Americans are increasingly reaching a breaking point regarding their household finances. Despite hopes for a soft landing after years of elevated inflation, consumer pessimism has reached some of its worst levels in years, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations released Monday.The percentage…

FTX founder Sam Bankman-Fried insists he is innocent, wants Trump pardon

Sam Bankman-Fried, the former cryptocurrency billionaire serving a 25-year sentence for fraud tied to the 2022 collapse of his FTX exchange, says he would welcome a pardon from President Donald Trump — but insists he has not lobbied the White House for one. “It would be obviously, you know, ultimately…

Hibbett Sports closing 175 locations as parent JD Sports cuts costs

Hibbett Sports will close 175 stores around the U.S. over the next three years as its parent company, JD Sports, looks to reorganize its footprint. JD Sports acquired Hibbett in 2024 in a deal valued at around $1.1 billion, with the acquisition viewed as enhancing JD’s presence in the North…