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.
Why bitcoin, other cryptocurrencies are selling off
The broader crypto market has shed more than $600 billion in value since February.
FBI warns banks that hackers are plotting major ATM heist
Fox Business Briefs: Feds are warning banks of potential imminent malware attack targeting ATMs called 'cash out' which could withdraw millions of dollars within minutes.
Some Uber drivers accused of 'longhauling'
Fox Business Outlook: Wall Street Journal reports many Uber drivers are taking unnecessarily long routes to drive up fares.
Aldi's remodel and expansion plan continues
Fox Business Outlook: Grocery chain rolling out new products as they plan to grow from 1,600 stores to 2,500 locations by the end of 2022.
Major retail merger scrapped
Fox Business Outlook: Albertsons and Rite Aid are calling off their $24 billion merger. Some shareholders complained the takeover undervalued Rite Aid.
Bitcoin ETF ruling delayed, cryptocurrency market plunges
The SEC said it will decide whether to allow the ETF to move forward by September 30.
CVS plans to diagnose illnesses through its smartphone app
Fox Business Briefs: Drug store plans to offer a nationwide service to treat easy-to-diagnose illnesses, like colds and flus and other medical issues via its smartphone app.
This hedge fund’s trades are driven by artificial intelligence
Faceless robots may be the next wave for investors to manage your money.
Tesla short-sellers pounded as Musk tweets about going private
Tesla shares surged as Musk’s verified Twitter account posted details about potentially becoming a private company.
Mattress Firm reportedly considering filing for bankruptcy
Fox Business Outlook: The largest mattress retailer in the country exploring its money options and reportedly sees bankruptcy as a way to get out of costly leases and shut down some locations.
Holding too much cash vs. investing could hurt your bottom line
A study shows that 28% of Americans don’t know how to invest their money.
Warren Buffett’s Apple bet is paying off
Berkshire Hathaway owns more than 5% of Apple.
Increased attendance helps SeaWorld beat expectations
Fox Business Outlook: Theme park says revenue rose 4.9 percent to over $391 million during the quarter as attendance increased to 6.4 million guests.
Warren Buffett’s Berkshire Hathaway profit soars in second quarter
Earnings were boosted by insurance underwriting and an accounting change.
We’re seeing growth opportunities in large private companies: Kewsong Lee
Kewsong Lee on investing
Global economy is strong, growing. Should you invest?
A strong economy does not translate to a strong investment opportunity, according to the Carlyle Group co-CEO.
MoviePass isn't going anywhere despite stock prices falling
Fox Business Outlook: While MoviePass has admitted to 'going through a rough patch,' the company has stated that they are doing just fine.
Over 1.4 million Ram trucks recalled over faulty tailgates
Fox Business Outlook: Fiat Chrysler recalls Ram pickups because tailgates with power locks can open while the trucks are moving.
Chase ATMs go cardless
The bank now offers phone-based withdrawals at “nearly all” of its ATMs.
Fidelity to launch no-fee index funds
The move comes as asset managers have been pressured to lower costs.