Business
More than four million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday, marking a major rollout of the administration’s savings initiative. Additionally, the IRS said more than one million children are covered by elections for the $1,000 Trump Accounts pilot program contribution.Trump…
Amazon and Delta Air Lines are partnering to significantly upgrade the in-flight Wi-Fi experience for customers. The companies announced on Tuesday that Amazon Leo, the company’s high-speed satellite internet service, will be offered onboard Delta flights starting in 2028.”It’ll be multiple times faster than anything we have today. And it’ll…
JPMorgan Chase CEO Jamie Dimon is calling for a decisive end to the conflict with Iran, saying the U.S. must “finish this thing” to protect the global economy and remove the threat to the region. Dimon appeared on “Fox & Friends” Tuesday, saying American strength depends on decisive action in…
The Trump administration on Monday issued a proposed rule to allow retirement plans to offer alternative assets like private equity and cryptocurrencies as part of the investment options in 401(k) accounts. The Labor Department’s rule aims to ease longstanding barriers to incorporating alternative assets into retirement plans and follows an executive…
Three women are facing criminal charges after authorities said they refused to pay an extra carry-on bag fee, triggering a confrontation that delayed a Frontier Airlines flight at Miami International Airport. Nafisa Dockery, 30, Dionjana Cochran, 21, and Davana Cochran, 26, were each charged with trespassing after warning and resisting…
German automaker Mercedes-Benz said on Tuesday it will invest $4 billion at its Alabama plant through 2030 to boost SUV production as it seeks to address significant U.S. auto tariffs. In total, luxury automaker Mercedes-Benz said it plans to invest more than $7 billion in U.S. operations in the coming…
Virgin Galactic is reopening sales of its commercial spaceflights on a limited basis – though ticket prices have risen from the company’s previous rate. The company made the announcement alongside its financial results for the fourth quarter and full year 2025, signaling that work on its fleet of SpaceShips is…
Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs in the thousands, according to a report by CNBC that cited two people familiar with the matter.Oracle has recently ramped up capital spending…
A proposed Department of Labor rule could significantly expand what Americans are able to hold inside their retirement accounts, potentially opening the door to assets like cryptocurrency, real estate and private markets. BlackRock Global Head of Retirement Solutions Nick Nefouse described the rule as “a huge step forward for the…
Despite a 50% spike in oil prices and an escalating conflict involving Iran, Wells Fargo CEO Charlie Scharf reports a disconnect between market volatility and real-world economic health. “So, separate out the pure economy from markets and what people are nervous about in terms of what the future holds. The…













