Money

Key Takeaways First Cut of the Year: The Fed lowered its benchmark rate by 25 basis points to a 4%–4.25% range, the first cut since December 2024. Labor Market Weakness: Policymakers cited slowing job growth and rising unemployment as reasons to...

Key Takeaways Massive U.S. Commitment: GE Appliances is investing $3 billion over five years to expand production at its 11 U.S. plants, bringing manufacturing back from Mexico, China, and overseas. Jobs and Growth: The company contributes over $30 billion annually to the U.S....

Key Takeaways Record Texas Investment: Samsung won a $250 million state grant tied to its $4.73 billion Taylor facility, the largest award in Texas Semiconductor Innovation Fund history. Jobs and Growth: The 6-million-square-foot project will create 2,000 direct jobs and thousands more in...

Key Takeaways Massive U.S. Commitment: British drugmaker GSK announced a five-year, $30 billion investment in U.S. research, development, and manufacturing, including a new biologics “flex” factory in Pennsylvania. Trump’s Policy Influence: The move reflects President Trump’s push for Big Pharma to bring operations...

Key Takeaways Trump’s Proposal: The former president urged the SEC to end mandatory quarterly earnings reports, saying it would “save money” and let managers focus on running their companies. Short-Term vs. Long-Term: Supporters argue quarterly reporting fuels Wall Street’s short-term obsession, while a...

Key Takeaways Major U.S. Investment: Eli Lilly announced a $5 billion facility in Virginia as part of a $27 billion plan to expand drug manufacturing across America over the next five years. Policy Pressure Pays: The move follows President Trump’s call for Big...

Key Takeaways Historic Tax Savings: The average American taxpayer will see a $3,752 cut in 2026, the biggest middle-class relief package since the 2017 Tax Cuts and Jobs Act. Benefits Across States: Wyoming and Washington lead with nearly $5,400 in savings,...

Key Takeaways: Greater Access to High-Growth Investments: Trump’s executive order directs the DOL and SEC to make it easier for 401(k) and workplace plans to include private equity, real estate, and other alternative assets. Maintains Fiduciary Protections: Employers must still conduct thorough due...

Key Takeaways: New York, California, Colorado, and Alaska are issuing stimulus checks funded by surpluses and resource revenues—not federal borrowing. These payments reflect responsible state budgeting, with no added debt or dependency. The approach underscores limited government in action: respect taxpayers, return...

Key Takeaways: Grab-and-Go Gets the Boot: Starbucks will close or convert all 80–90 pickup-only locations by 2026, calling the model “overly transactional.” Culture Over Convenience: CEO Brian Niccol is reviving the brand with in-store seating, mugs, condiment bars, and free refills to keep...