Business news

Business news • Jul 04

Trump Accounts to debut as US kicks off 250th Independence Day celebrations

After months of fanfare, President Donald Trump's administration will launch its flagship cradle-to-adulthood investment ​program, Trump Accounts,...

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Business news • Jul 04

‘Trump accounts’ of $1,000 now available for babies

The Trump administration on Saturday launched new investment accounts for millions of American children, pairing a one-time $1,000 federal deposit for...

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Business news • Jul 04

What Happens When Medicare Premiums Are No Longer Your Problem?

Medicare's total annual cost reaches roughly $5,000 per person when combining Part B, Part D, and Medigap. Part B alone jumped 10% in 2026 while Social...

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Business news • Jul 04

Trump cashed in on 327 stock buys right before he sent market soaring: report

The purchases were made on April 8, 2025, six days after Trump initiated a global trade war and day before he posted on Truth Social: “THIS IS A GREAT TIME...

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Business news • Jul 04

Social Security 2027 COLA data collection is happening right now

As estimates emerge for next year's benefit adjustment, the next few months will yield the numbers on which the 2027 COLA is based.

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Business news • Jul 04

Trump’s $1K investment accounts roll out for eligible newborns

The Trump administration on Saturday launched its newborn investment program, called “Trump Accounts,” opening the federal savings accounts for millions of...

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Business news • Jul 04

Stock Funds Rallied 17.1% in a Quarter That Made Investors’ Heads Spin

An IPO rocket and a new Fed gave investors plenty to think about. Plus: Our latest Financial Flashback, to the options-dating scandal 20 years ago.

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Business news • Jul 04

Republicans bank on a Trump Accounts boost

Trump Accounts launch today, amounting to a significant new economic policy experiment. But can they become a political winner?

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Business news • Jul 04

Global gold and silver dealer liquidates in Chapter 11 bankruptcy

The international gold and silver dealer closed its business owing customers millions.

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Business news • Jul 04

Billionaire Mark Cuban Says He Got Rich And Drunkenly Bought A $125K American Airlines Lifetime Pass —‘I Called Them Up And Just Slurred My Words’

Mark Cuban revealed he drunkenly bought a $125000 lifetime American Airlines pass after selling MicroSolutions, saying the purchase wasn't about luxury—it...

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Business news • Jul 04

10 reasons to be bullish on America's economy as the nation turns 250 years old

U.S. economy strengths including startup culture, foreign investment, global brands and artificial intelligence leadership highlight 10 reasons America...

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Business news • Jul 04

America In Focus: consumers still gloomy about economy; US hiring falls in June

Americans' attitudes toward the economy improved slightly this month as gas prices declined, but their outlook is still mostly negative by historical...

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Business news • Jul 04

Power outages continue to plague Staten Island on Saturday; 1,000+ impacted

STATEN ISLAND, N.Y. -- More than 1,000 Con Edison customers were without power Saturday morning as outages continued across Staten Island amid a dangerous...

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Business news • Jul 04

Atlantic Beach Pie Is the Ultimate Summertime Pie

The cookbook author and pie connoisseur Stacey Mei Yan Fong deems it so in the Bake Time Questionnaire.

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Business news • Jul 04

India’s CG Semi Starts Production With 200 Million Chips

India's CG Power & Industrial Solutions Ltd.'s new semiconductor unit has started production with an annual capacity of 200 million chips, Prime Minister...

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Business news • Jul 04

Oil market shifts from supply shock to surplus, global glut fears rise

Oil market shifts to surplus raises global glut fears. New all-time high for crude oil by September 30 at 2.6% YES.

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Business news • Jul 04

IBEW Local 614 enacts first strike in PECO history

IBEW Local 614 union members went on strike at midnight, marking the first worker's strike in PECO's history.

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Business news • Jul 04

Amazon Says It Will Launch Its New Internet Service Later This Year

Amazon has successfully placed enough satellites into orbit to initiate commercial operations for its Leo low Earth orbit broadband network later this year,...

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Business news • Jul 04

Tesla’s strong Q2 deliveries: Four key drivers behind the surprise

Tesla shocked with its quarterly delivery report yesterday by reporting it delivered 480126 vehicles in the second quarter of 2026,...

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Business news • Jul 04

The World Cup sends prediction market volumes soaring to record highs

Trading volumes on Kalshi and Polymarket both hit record highs in June. Rothera, a new prediction market platform, was also able to manage $2 billion in...

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