White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
Gold, Bitcoin surge in wake of economic uncertainty
Ron Paul thinks the history of gold is more trustworthy than Bitcoin
Barneys files for bankruptcy; Krispy Kreme has some new additions to their menu
Morning Business Outlook: Iconic luxury retailer Barneys will be closing some stores after filing for bankruptcy; Krispy Kreme is launching two new limited edition Reese's peanut butter creations.
FCC steps up its war on robocalls and texts
Fox Business Briefs: Federal Communications Commission approves laws that ban 'spoofing,' a practice by which robocallers try to trick you by calling or texting from nearby location.
Bullish outlook for stocks despite short-term trade concerns?
Bullish outlook for stocks?
Warren Buffett's Berkshire Hathaway has more cash than ever: Here are companies he could buy
Warren Buffett's Berkshire Hathaway has a record $122 billion of cash on its books.
Sell-off on Wall Street following tariff threats; San Francisco International Airport to ban plastic bottles
Sell-off on Wall Street after President Trump threatens another round of tariffs against China; San Francisco International Airport says vendors will be banned from selling plastic water bottles.
Movers & Shakers: August 5, 2019
Stories moving the markets and shaking up the world.
NFL Hall of Famer Ty Law's second career: Building a trampoline park empire
Three years after retiring from the NFL, Law co-founded Launch, a trampoline park and entertainment center business.
Berkshire Hathaway profit hit by insurance underwriting decline
In total, insurance underwriting fell to $353 million from $943 million, a whopping 64 percent plunge.
Apple feature may leave users vulnerable to hackers; millennials causing decline of another industry
Fox Business Briefs: Researchers find that Apple's Airdrop feature can expose user's personal data to hackers, Apple has yet to comment. Procter and Gamble blame $8 billion dollar write-down on millennial men not shaving as much.
CBD industry gets even higher
Apologies in advance, but the CBD industry is really budding.
Lowe’s laying off thousands of workers; Starbucks giving out free samples of Nitro cold brew
Retailer Lowe's laying off thousands of workers in an effort to cut costs; coffee giant Starbucks will be giving out free samples of its Nitro cold brew coffee.
Escalating US-China trade tensions hit stocks
The Dow booked its fourth straight session of losses. The Nasdaq and S&P 500 had their fifth straight session of losses.
Burger King sees customer surge thanks to meatless Whooper; Netflix takes an interest in users physical health
Fox Business Briefs: The Impossible burger is bringing new customers into Burger King as the chain plans to release it nationwide. Netflix is reportedly tracking the activity of some mobile users on Android to improve playback quality on-the-go.
More bad news for Equifax security breach victims; popular baby sleepers get recalled
Millions of people come forward looking for a piece of a $700M deal to those who had private information stolen; fears over infant deaths lead to a recall of select Disney and Eddie Bauer sleepers.
Dow flips from big gain to big loss after Trump announces more China tariffs
The sudden risk-off sentiment on Wall Street was reflected in the yield of the 10-year Treasury, which tumbled to 1.87 percent, its lowest level since November 2016.
Restaurants celebrate National Avocado Day; candy company offers sweet deal to change Halloween date
Many popular restaurants are celebrating National Avocado Day with deals and discounts; Snickers is promising to give out 1 million free candy bars if Halloween is moved to the last weekend of October.
Stocks tumble as Fed's Powell talks rate cut
The rate cut was not all investors had hoped.
Hackers steal data from millions of Capitol Open customers, food deliverers admit to sneaking bites of deliveries
Fox Business Briefs: Capitol One reports that the personal data of about 100 million people was stolen by a hacker. Twenty-eight percent of drivers for US Foods admit to nibbling on a customer’s order before handing it over.
Should investors tread carefully in the markets with new money?
Outlook for stocks