Big changes coming to 401(k) after recent Trump executive order
President Donald Trump signed an executive order directing regulators to make it easier for 401(k) plans to include private equity, cryptocurrency, and other alternative investments.
US may require visa applicants to post $15K bond to enter country. What we know
The proposed pilot program would require people from countries considered to have high overstay rates to post bonds of up to $15,000 when they apply for a visa.
American families could get $2,400 rebate checks from tariff money
A GOP senator has introduced a bill to send tariff rebate checks to Americans, days after President Trump floated the idea.
Fed leaves interest rates unchanged despite Trump demands
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.
Spirit Airlines to furlough 270 pilots amid lower off-season demand
Spirit Airlines is preparing to furlough 270 pilots this fall. The airline emerged from bankruptcy in March.
US-EU trade deal will make these items more expensive
The deal imposes a 15% tariff on European goods imported in the U.S. and these products are likely to rise in cost.
Tariff rebate check: What Trump said and what we know
President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.
Rite Aid closing 114 more stores across multiple states
Rite Aid is planning to shutter locations nationwide, including in states like Pennsylvania, California and New York.
Social Security recipients could see $18,000 cut in benefits by 2032, analysis warns
A new analysis projects steep automatic cuts to Social Security and Medicare starting in 2032, unless lawmakers act to address the shrinking trust funds.
Target dropping popular perk for shoppers amid slowing sales
Target is trying to reposition itself amid slowing sales and pressure from its rivals.
Trump's 'big, beautiful bill' will add $3.4 trillion to deficits, leave 10 million uninsured: Report
The Congressional Budget Office reports Trump's "big, beautiful" bill will add $3.4 trillion to federal deficits through 2034, with more than 10 million people uninsured by then.
Amazon cuts hundreds of jobs in AWS cloud division
The tech giant notified employees impacted by the layoffs on Thursday.
Target announces new stores openings this year across six states
As part of a plan to open new locations, Target is launching the stores this year while investing in supply chains and new initiatives.
Trump 'not planning' to fire Fed Chair Jerome Powell, despite reports
President Trump denied reports that he plans to fire Fed Chair Jerome Powell, but he continued to sharply criticize the head of the central bank.
SoCal grocery store workers approve new contract
The new contract includes higher pay, better pensions, healthcare and staffing and more.
Indeed, Glassdoor cutting jobs as artificial intelligence utilization grows
About 1,300 people will lose their jobs in layoffs at Indeed and Glassdoor.
Trump administration sues California over egg prices
The lawsuit, filed by the DOJ, challenges California's laws and regulations concerning the production of eggs and poultry products.
Nvidia stock soars as it become world’s first $4 trillion public company
Nvidia is the first company ever to be worth $4 trillion. The previous market value record was set by Apple in Dec. 2024.
Trump announces 25% tariffs on Japan and South Korea
The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.
Del Monte, the canned food aisle staple, files for bankruptcy
Del Monte Foods, the 135-year-old company known for canned goods, is joining the list of major retailers filing for Chapter 11 bankruptcy.