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.
New York hedge-fund traders aim to avoid city tax by WFH
The city's 4% unincorporated business tax raises about $2 billion a year for the city by taxing investment-fund managers, law firms and other individually owned businesses, based on the portion of sales or services performed within the city.
Barstool's Dave Portnoy leads army of new traders into stock market
The sports-betting industry was a $150 billion business in 2019 and gamblers have since March been limited to wagering on South Korean baseball and other obscure sports, causing many of them to turn their focus to the financial markets.
What United Airlines wants to know before you board your flight; how Hilton is making guests feel more comfortable
Fox Business Briefs: United Airlines is asking passengers to complete a health assessment before boarding.
Twitter wants you to read before you retweet; new reading on the coronavirus impact on jobs in America
Fox Business Briefs: Twitter testing a new feature to promote informed discussions by prompting users to open and read an article before sharing.
Target bumps up dividend 3% despite coronavirus pressure
Target Corp.'s dividend hike is a rarity among retailers since the COVID-19 pandemic choked sales.
Goldman Sachs outlines plans for US employees' return to the office
Goldman Sachs has unveiled its plans for U.S. employees' long-awaited return to the office in an email shared by the company on Wednesday from CEO David Solomon, Chief Operating Officer John Waldron and Chief Financial Officer Stephen Scherr.
Prediction on the future of air travel; Best Buy gets ready for in-store shoppers
Fox Business Briefs: Group representing the airline industry says it won't return to being profitable before 2022.
Berkshire Hathaway's Benjamin Moore 'illegally buried hazardous waste': Lawsuit
A former Benjamin Moore attorney claimed in the lawsuit the retailer dumped the waste in Los Angeles in 2001.
Chinese companies put U.S. listing plans on ice as tensions mount
Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters.
Wendy's says the beef is back; coronavirus takes a toll on retail
Fox Business Briefs: Wendy's says its beef supply has returned to near-normal levels after a shortage left some restaurants without hamburgers.
After dumping Warren Buffett and Berkshire Hathaway, Ackman says his hedge fund is up big
William Ackman's hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus pandemic, after the billionaire investor plowed cash into a number of companies he already owned and dumped Warren Buffett's Berkshire Hathaway among other stocks.
Gloomy outlook for US airlines; strong recovery for the massage industry
Fox Business Briefs: U.S. airlines facing a cloudy future despite billions of dollars of stimulus from taxpayers as carriers still plan big reductions in flights, planes and employees.
Is your target date investment letting you down?
The recent market downturn has showed that some target date strategies suffered much bigger losses than others, especially for investors nearing retirement.
Activist investor targets Activision Blizzard CEO’s ‘exorbitant’ pay package
Activision Blizzard CEO Robert Kotick has received a combined $96.5 million in stock/option over the last four years, CtW Investment Group wrote.
US billionaires' wealth has increased by 19% since coronavirus lockdown
On March 18, the stock market had already dropped about 29 percent from its Feb. 19 peak.
Universal Orlando reopens its doors; US jobs report comes in much better than expected
Fox Business Briefs: Universal Orlando becomes the first major theme park to reopen to the general public.
Think you can't afford to invest? 3 reasons to think again
The coronavirus has shuttered the economy for months, but there's no reason to not invest right now. Consider these three big reasons you may be able to save something for the future even if your extra money is limited.
Goldman Sachs executive's email making plea for racial equality goes viral at firm
The email coincides with other Wall Street executives and companies speaking out against racial inequality
Who owns the Green Bay Packers?
The Packers are the only publicly traded team in major U.S. pro sports.
What is a dead cat bounce?
A dead cat bounce is a short-term recovery in an asset's price that follows a steep decline.