Business

Trump signs order aiming to help expand access to retirement accounts

President Donald Trump signed an executive order on Thursday to help expand access to retirement savings accounts for Americans who do not have employer-provided plans. “Beginning at the start of next year, every American will be able to go to TrumpIra.gov and open a new low-cost IRA account,” Trump said…

US rakes in B in 90 days from Intel stock, Trump says

President Donald Trump says the U.S. has brought in $30 billion in funds generated from federal stock holdings in Intel over the past 90 days alone. Trump made the announcement on Thursday, highlighting that he authorized the U.S. government to invest in the semiconductor manufacturing company. Trump revealed in August…

Fed’s favored inflation gauge remained elevated in March

This story about the March 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in March as consumers continued to face elevated price growth.The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index rose 0.7% on a…

FedEx, UPS pledge to refund customers after Supreme Court tariff decision

FedEx and UPS said they will return tariff refunds to customers after a Supreme Court ruling opened the door to potentially billions of dollars in reimbursements tied to Trump-era import taxes. The companies said they plan to pass along any recovered funds as the federal government begins processing refund claims…