How high rates are stressing the consumer
Osaic chief market strategist Phil Blancato discusses stock prices and consumer confidence on 'Making Money.'
Markets
Treasury's Bessent says he doesn't support suspending monthly jobs reports
Treasury Secretary Scott Bessent defended releasing monthly jobs reports amid accuracy concerns, emphasizing the need for improved data collection rather than pausing monthly releases.
Money
GE Appliances invests $3B in US manufacturing operations
GE Appliances plans to create 1,000 new jobs across Kentucky, Alabama, Georgia, Tennessee and South Carolina facilities as part of major expansion initiative
Lifestyle
AriZona iced tea’s 99-cent price may finally end after 30 years — tariffs could be to blame
AriZona founder Don Vultaggio warns the company may raise prices for the first time in decades if Trump's 50% aluminum tariffs take effect.
Real Estate
Trump's 401(k) expansion order: What new investment options will be available?
President Donald Trump signed an order enabling Americans to include private market investments, commodities and infrastructure projects in their 401(k) account portfolios.
Best of Business
Dave Portnoy blasts self-checkout tip kiosks over gratuity guilt: ‘I don’t do it to be a nice guy’
Barstool Sports founder and President Dave Portnoy weighs in on the new tipping trend that has caused consumers to further squeeze their bank accounts.
Tech
Musk threatens to sue Apple over not featuring X, Grok apps
Tech billionaire Elon Musk threatens legal action against Apple, arguing X and Grok have been excluded from the app store's "must-have" section.
Sports
Fanatics launches enterprise-wide loyalty program with rewards including athlete, VIP experiences
The Fanatics ONE rewards program was launched on Tuesday, as the global digital sports giant will now offer exclusive athlete memorabilia, private shopping experiences, much more.
Small Business
John Deere is investing $20B in the US, and here are the details
John Deere plans a $20 billion investment in the U.S. over the next 10 years, emphasizing advanced manufacturing, innovative technologies and product development.
Personal Finance
'Buy now, pay later' services are dangerous trap for young Americans, financial expert warns
Financial influencer Haley Sacks warned that 'buy now, pay later' services are a “predatory" trap for young Americans, as rising use fuels concerns over growing debt.
Luxury Properties
Shannen Doherty's LA home on the market for $9.5M a year after her death
Shannen Doherty's longtime home in Malibu is on the market for $9.5 million. She first purchased the home in 2004 for $2.4 million and lived there until her death in July 2024.
Rich & Famous
Tesla mocks American Eagle with cheeky jeans joke after Sydney Sweeney ad controversy erupts
American Eagle stock price drops amid controversy over Sydney Sweeney jeans ad that critics say contains white supremacist undertones and eugenics references.
Gadgets
Over 1.1M power banks recalled after reports of fires, explosions
Anker Innovations is recalling more than 1.1 million power banks because consumers could be at risk of burns if the lithium-ion battery inside the product overheats.
Your Money
Fed holds interest rate steady as it waits to see impact of tariffs
Interest rates hold steady as the Fed studies the impact of economic tariffs.
Future Tech
'Romantic' or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees
In an era of “green" gimmicks and sky-high risk, author John J. Geoghegan says only capitalism can determine if lighter-than-air travel has legs.
College
Think tank president urges Gen Z to consider trades over college in tough job market
American Principles Project president suggests trades as an alternative to college amid worsening job market for young graduates and over 1 million unfilled trade positions.
Personal Real Estate
This California town tops the most expensive rental market in the nation for third year running
Santa Cruz County in deep blue California was named the least affordable U.S. rental market in 2025, requiring $81.21/hour to rent a modest two-bedroom apartment.
Retirement
Retirees face staggering 6-figure health care bill when leaving the workforce
A Fidelity study shows 65-year-old retirees need $172,500 for healthcare costs, with Medicare coverage gaps requiring supplemental insurance planning.
Money in Politics
Exclusive: Conservative company looks to ‘rebuild’ America with new savings alternative
As conservatives continue to deal with being “debanked" for their beliefs, conservative finance group “Coign" is launching a new savings alternative for “rebuilding America."
Business Leaders
Musk threatens to sue Apple over not featuring X, Grok apps
Tech billionaire Elon Musk threatens legal action against Apple, arguing X and Grok have been excluded from the app store's "must-have" section.
Travel
Spirit Airlines warns it may not survive another year
Low-cost carrier Spirit Airlines expresses substantial doubt about continuing operations within 12 months after debt restructuring and bankruptcy exit.
US Markets
Trump says gold will not be tariffed amid rumors it might be following US Customs and Border Patrol ruling
President Donald Trump clarifies that gold imports will not be tariffed in new Truth Social announcement, following uncertainty over the matter stemming from U.S. Customs ruling.
Food & Drinks
AriZona iced tea’s 99-cent price may finally end after 30 years — tariffs could be to blame
AriZona founder Don Vultaggio warns the company may raise prices for the first time in decades if Trump's 50% aluminum tariffs take effect.
NFL
Taylor Swift, Travis Kelce eye luxury real estate in Cleveland, Ohio: What can they get?
Taylor Swift and Travis Kelce dined at local Cleveland restaurant and are rumored to be house hunting in the city's upscale east side neighborhoods.
AI
Musk threatens to sue Apple over not featuring X, Grok apps
Tech billionaire Elon Musk threatens legal action against Apple, arguing X and Grok have been excluded from the app store's "must-have" section.
Elections
Jamie Dimon criticizes Zohran Mamdani as 'Marxist,' blasts Democrats' DEI push: 'Big hearts and little brain'
JPMorgan Chase CEO Jamie Dimon slammed New York City mayoral candidate Zohran Mamdani as "more a Marxist than a socialist" and criticized Democrats for their DEI push.
Oil
China, India fuel Russia war machine by ignoring international sanctions: report
Report reveals China and India supporting Russia despite sanctions, with sale of explosive materials from India and Chinese drone engines powering Russian attacks.
Arts
JPMorgan unveils its 2025 summer reading list
For about 25 years, JP Morgan has released a summer reading list that features various books and topics ranging from business to self-help, memoirs and books about art
