President Donald Trump’s executive order directing financial regulators to include alternative investments in retirement plans like 401(k) funds could change the makeup of Americans’ investment portfolios. Trump signed the executive order on Thursday, and the White House provided a fact sheet directing the Labor Department to reconsider its guidance on alternative assets…
Inflation increased in July and moved further away from the Federal Reserve’s target rate as central bank policymakers assess the health of the economy amid the president’s calls for interest rate cuts. The Bureau of Labor Statistics on Tuesday said that the consumer price index (CPI) – a broad measure…
General Motors will restart work on its driverless-vehicle program, a year after shelving production of the Cruise Origin robotaxi when one struck and dragged a woman about 20 feet. GM confirmed the news in a statement to FOX Business on Monday.”We’re accelerating the development of autonomous driving technology capable of…
Federal Reserve Governor Michelle Bowman said in a speech over the weekend that she still sees three interest rate cuts this year after the Fed’s monetary policy panel left rates unchanged at their meeting in late July. Bowman, who serves as the Fed’s vice chair for supervision, spoke Saturday at…
Trending
Spotlight This Week
More Articles
Money
President Trump’s message to global chipmakers is: Manufacture in the United States, and you won’t be slapped with a hefty…
Tech giant Apple is poised to announce a new investment of $100 billion in U.S. facilities as early as today,…
Despite the whiplash of President Donald Trump’s tariffs, trade uncertainty and day-to-day market swings, investors are pouring money into exchange-traded…
The exchange-traded fund (ETF) created around celebrity Wall Street analyst Dan Ives’ top 30 AI picks is off to a…
Featured Articles
Small business owners are rapidly adopting artificial intelligence to power their growth, with many saying it will lead to more job opportunities this year, according to a Goldman Sachs survey. About 68% of small business owners say they are already using AI, with another 9%…
Investing
More
Let’s talk about energy dividends because, well, you know why. But let’s not chase the headlines. Let’s focus on energy “toll collectors” that…
Startups
More
Whether your workspace is located in an office building or within your own home, the way you design it can have a direct…
Fintech
More
Dispatches from SuperReturn Berlin and the Inovia VC Summit “It was the best of times, it was the worst of times.” On the…
All News
The Federal Trade Commission (FTC) is making July “Made in the USA” month. FTC Chairman Andrew Ferguson announced the move on Tuesday as the month of July officially gets underway and the Fourth of July holiday rapidly approaches. The FTC is seeking to educate businesses and American consumers about Made in…
A new report warns that a side effect of the Trump administration’s push to crack down on illegal immigration could further weaken Social Security’s finances and speed up its insolvency. Social Security’s main trust funds, when considered together, are on pace to be depleted in 2034, according to a recent analysis…
Insiders at tech giant Nvidia have offloaded more than $1 billion in shares in the last year amid the stock’s rapid rise due to the artificial intelligence (AI) boom. The Financial Times reported that over $500 million in stock sales have occurred in the last month as Nvidia shares reached record highs,…
The Canadian government rescinded a digital services tax that was set to take effect on Monday after President Donald Trump threatened to break off trade negotiations between the U.S. and Canada over the tax. Canada’s government adopted its 3% digital services tax a year ago and collections were due to begin…
The U.S. is expected to see a net influx this year of around 7,500 foreign millionaires – who have an estimated $43.7 billion in wealth — as the U.K. experiences a significant outflow of its rich. Around 142,000 millionaires around the world are projected to migrate to a new country…
Canadian Prime Minister Mark Carney will resume trade talks with U.S. President Donald Trump after Canada said late Sunday it was rescinding a digital services tax on American tech companies. The Canadian government said it was rescinding the Digital Services Tax “in anticipation of a mutually beneficial comprehensive trade arrangement…
President Donald Trump said on Friday that the U.S. is terminating all trade discussions with Canada. Trump cited Canada’s digital services tax on American tech companies as the reason for ending trade talks.”They are obviously copying the European Union, which has done the same thing, and is currently under discussion…
Riders have reportedly documented multiple incidents of driving issues with Tesla’s new robotaxi service, which the automaker rolled out earlier this week in Austin, Texas, with a small fleet of self-driving vehicles. Videos taken this week by passengers showed Tesla robotaxis – which are Model Y vehicles with advanced software…
The Federal Reserve’s preferred inflation gauge showed that prices ticked slightly higher in May as the central bank waits for signs of tariff-induced inflation reaching consumers this summer. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.1% on a monthly basis and 2.3% compared…
GE Appliances on Thursday said it would spend $490 million to move the production of most of its washing machines from China to Kentucky. The operation will move to the company’s massive industrial Appliance Park headquarters in Louisville, Kentucky, where it already manufactures washers and dryers. At least 800 new…
Editor's Pick
