Corporate America is pouring support behind the Trump Accounts program, with Altimeter Capital founder, Chairman and CEO Brad Gerstner predicting the initiative will attract more than $100 billion in additional private commitments over the next year as businesses and philanthropists back the new investment accounts for American children. WHAT ARE…

SpaceX has been fast-tracked into the Nasdaq-100 Index, meaning the stock performance of Elon Musk’s rocket company is now directly tied to the retirement accounts, mutual funds and portfolios of millions of everyday American investors. But self-proclaimed market “permabear” and GMO co-founder Jeremy Grantham is heavily skeptical of the company’s…

A federal judge on Monday refused to dismiss a proposed class-action lawsuit accusing United Airlines of charging passengers extra for “window seats” that lacked actual windows, allowing the case to move forward. U.S. District Judge James Donato ruled the plaintiffs plausibly alleged United breached its contractual obligations by selling seats…

Apple announced Wednesday it is investing more than $30 billion in chip manufacturing in the U.S.  The investment, in partnership with Broadcom, is set to produce 15 billion chips, creating hundreds of U.S. jobs. Broadcom’s facility in Fort Collins, Colorado, is expanding its capabilities to produce the chips. “This is another…

The Trump administration is escalating its crackdown on immigration-related fraud, launching its first major investigation into alleged H-1B and PERM visa abuse, labor trafficking, and the displacement of American workers, Labor Department Inspector General Anthony D’Esposito told FOX Business on Wednesday. D’Esposito announced the probe exclusively on “Mornings with Maria,”…

Housing affordability is expected to improve with the pace of home price growth slowing to a rate that’s lower than inflation, a new report finds. Realtor.com on Wednesday released a midyear update to its 2026 housing market forecast that estimates home price growth will slow to 1.2% this year, a…

Two lots of Pedigree-branded dog food were recalled over the potential presence of metal and plastic. Mars Petcare US issued the voluntary recall July 2 for 13.2-ounce cans of High Protein Chopped Chicken & Duck Flavor for dogs, according to a company announcement.The affected products include lot codes 613C3KKCFC and…

Some Social Security beneficiaries will receive two checks this July as a quirk in the calendar shifted the payment timeline for an adjacent month. The Social Security Administration (SSA) ordinarily disburses payments for Supplemental Security Income (SSI) on the first day of a given month. The SSI program provides monthly…

It’s time to cut the capital gains tax. Right now. If there’s a 3.0 reconciliation budget bill that requires only 50 Republican votes plus Veep Vance for 51, the GOP can do it. Put a capital gains tax cut in that 3.0. It’ll add growth to the GOP message. Polls…

American workers who never use artificial intelligence (AI) may be more likely to be laid off than those who use AI more regularly, according to new data. Gallup research found that 62% of workers who have been laid off were non-users of AI who used it once per year or…