Business news

Business news • Jul 04

US debt was its own revolutionary masterstroke that helped launch a global financial superpower

Believe it or not, U.S. debt was once a source of national strength, before it became a sword of Damocles hanging over the federal government and the bond...

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Business news • Jul 04

BTC price news: Bitcoin retakes $63,000, reversing end-June losses

Bitcoin climbed above $63,000 in U.S. morning hours Saturday, up 1.4% over 24 hours and 3.6% on the week, per CoinDesk data, its highest in two weeks and a...

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Business news • Jul 04

New gold rush as massive mining operation looks to pull $8B out of California's Mother Lode

California could be on the verge of its biggest gold rush in generations. Canadian mining company Lode Gold Resources Inc. announced Monday that it has...

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Business news • Jul 04

The US now has three microreactors running – and data centers are watching closely

The Trump administration has reported that a new experimental nuclear reactor has reached criticality – the point at which it sustains a controlled nuclear...

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Business news • Jul 04

SK Hynix eyeing 0.5% fee rate in Nasdaq debut (SKHY:Pending)

South Korean chipmaker SK Hynix (SKHY) plans to pay 0.5% of proceeds from its Nasdaq offering to banks working on the IPO, a relatively low rate compared to...

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Business news • Jul 04

Trump Accounts: Here's where money will be invested—in line with Warren Buffett's stock advice

The Fourth of July marks the official launch of Trump Accounts, allowing parents to set up the new type of custodial individual retirement account for kids.

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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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