President Donald Trump on Sunday announced that he’s directing federal agencies to reopen the prison at Alcatraz after rebuilding and expanding the prison that was shuttered over 60 years ago and currently serves as a museum and tourist destination in the San Francisco Bay Area. The maximum-security federal penitentiary at Alcatraz…

Sen. Bill Hagerty, R-Tenn., recently got the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act regulating stablecoin “hotlined” for a quicker Senate vote process, just as Democrats began raising both political and policy concerns about the legislation they previously supported. “The GENIUS Act (Guiding and Establishing National Innovation…

Berkshire Hathaway’s Warren Buffett over the weekend announced plans to step down as chief executive starting next year. Greg Abel, the vice chairman of non-insurance operations at Berkshire, received unanimous approval from the board to succeed Buffett, who, after more than half a century, plans to relinquish the top job. Abel…

Investing in the market is a lifelong endeavor — the sooner you start, the better off you will be.                Looking at the last hundred years, it seems like an easy decision.  Since the late 1970s, anyone would take all the gains in the S&P 500 against the occasional loss.…

Italian restaurant chain Bertucci’s filed for Chapter 11 bankruptcy protection in late April for the third time since 2018.   The Massachusetts-based business, which has locations along the East Coast and is best known for its brick oven pizza and pasta, has closed seven underperforming locations – five in Massachusetts,…

Former Commerce Secretary Wilbur Ross helped launch President Donald Trump’s trade wars in the first term – now he says the White House is moving faster, hitting harder and taking a more unilateral approach to trade policy. In an interview with Fox News Digital, Ross – who served in the…

Skype is no more, as Microsoft is retiring the once-popular video calling service on Monday.  Shutting down Skype will help the software giant focus on its homegrown Teams service by simplifying its communication offerings, Microsoft announced back in February. To ease the transition from the platform, its users will be able…

Millions of student loan borrowers in default will start receiving notices on Monday that they are being put into collections.  The move comes after the Department of Education said last month that it is trying to protect U.S. taxpayers “from shouldering the cost of federal student loans that borrowers willingly…

Australian Prime Minister Anthony Albanese said on Monday he had a “warm conversation” with President Donald Trump about tariffs and the AUKUS defense pact after his re-election over the weekend. Albanese, Australia’s first prime minister to win a second consecutive term in two decades, secured his re-election when his center-left…

Multiple Republican attorneys general have launched a probe into Apple and Google regarding their hosting of TikTok, Deep Seek and other Chinese-owned apps on their app stores. Former President Joe Biden signed the Protecting Americans from Foreign Adversary Controlled Applications Act into law in April 2024. The law sought to ban…