Anduril and Archer Aviation on Monday announced the joint development of a vertical take-off and landing (VTOL) platform that can serve both commercial and defense applications. The defense variant of the VTOL aircraft, dubbed Thunder, was unveiled by Anduril at the Farnborough Airshow in England.The companies said that the dual-use…

Apple is raising prices on Apple Music subscriptions as well as certain Apple One plans as the company faces higher licensing costs. The tech giant last week hiked prices for Apple Music plans across subscription tiers. Individual plans will rise by $1 a month to $11.99, while student plans will…

The Trump administration has successfully tracked down the ayatollah’s “money man,” Treasury Secretary Scott Bessent revealed to FOX Business on Tuesday, detailing plans to publicly expose more than $100 million in properties linked to Iran’s supreme leader around the world. “We have found the money man for the ayatollah. We…

Nvidia has held the position as the world’s biggest company since about a year ago, when it became the first to reach $4 trillion in market value. It soared past former leaders Apple and Microsoft. But in recent days, Apple, which hasn’t climbed as much as its peers during the…

JPMorgan Chase CEO Jamie Dimon said in an interview on Monday that he wouldn’t buy stocks or long-term Treasury bonds at their current prices as he thinks investors aren’t accounting fully for risks that could cause turmoil in equity and debt markets. Dimon said in an interview with CNBC that…

Student loan defaults are up to a record high, with 9.5 million borrowers in default, meaning they are more than 270 days behind on loan payments, according to data from the Office of Federal Student Aid.  The near-10 million borrowers in default represent a record-high and nearly double the number…

The U.S. Department of the Treasury has prevented nearly $99 million in federal payments from being disbursed to deceased individuals using a new verification system deployed under President Donald Trump’s executive order targeting government fraud, waste and abuse. Following Executive Order 14249, “Protecting America’s Bank Account Against Fraud, Waste, and…

The AAA national average price for regular gas is back above $4 again amid the U.S. war with the Islamic Republic of Iran. As of July 21, the AAA national average for regular fuel is $4.019, up from yesterday’s average of $4.003, the week-ago average of $3.859 and the month-ago…

The financial math behind fleeing high-tax states for a Florida paradise is hitting a major roadblock. While the absence of a state income tax in the Sunshine State remains a powerful draw for transplants, a combination of rising property taxes, soaring property insurance premiums and everyday inflation has pushed Miami’s…

A group representing America’s manufacturers on Tuesday released a report marking one year since the enactment of the 2025 tax law that includes examples of the legislation’s impact on the manufacturing sector in all 50 states. The One Big Beautiful Bill Act (OBBBA) was passed by Republicans in Congress and…