Business

How ETFs can be effective building blocks for retirees

Americans who are retired or are approaching retirement and are evaluating their investment portfolios can turn to exchange-traded funds (ETFs) that may offer built-in diversification for core holdings or exposure to specific sectors. ETFs are securities that typically track indexes and allow investors to get exposure to a number of companies…

Meta rolls out paid subscription plans for Facebook, Instagram and WhatsApp

Meta is rolling out paid subscription plans for Facebook, Instagram and WhatsApp as the company expands premium features and artificial intelligence offerings across its platforms. Meta head of product Naomi Gleit announced the rollout in a video posted Wednesday, describing the subscriptions as part of a broader effort to offer…

Fed’s favored inflation gauge remained elevated in April

This story about the April 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in April as consumers continued to face elevated price growth.The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index rose 0.4% on a…

Elizabeth Warren calls for taxing AI industry to ‘invest in people’

Sen. Elizabeth Warren, D-Mass., is advocating for targeting the artificial intelligence industry with taxes. “It’s time to tax AI and invest in people,” the left-wing lawmaker has asserted.She has floated the prospect of taxing the energy consumed by AI data centers. SEN WARREN BLASTED FOR CHEERING BLOCKING OF MERGER THAT…

White House unveils Trump Accounts mobile app ahead of July 4 rollout

The White House announced on Wednesday Trump Accounts will drop a mobile app to track investments placed into children’s accounts as part of the administration’s new initiative. “TOMORROW: Trump Accounts, on your phone,” the White House wrote in an X post. “Manage everything. Watch the growth. All in ONE place.”The…