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Trump moves to develop sovereign wealth fund to ‘create value for American citizens’

President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other…

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Investing

Millennials reimagine retirement: ‘The end game might not be … sitting on my Adirondack chair’

By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day. “Retirement is becoming…

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Investing

Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement

Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25% tariffs on Canadian…

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Investing

Costco and Teamsters reach tentative contract agreement, avoid strike

Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters…

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Investing

WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid

As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this…

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Investing

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned…

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Investing

Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.

Sports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public…

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Investing

Super Bowl ads beckon up to $8 million apiece for Fox

Fox Corp. is scoring big this Super Bowl. The broadcaster has sold out of ad spots for Super Bowl 59 on Feb. 9,…

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Investing

Starbucks announces several changes, including plans to cut some menu items

Starbucks announced several changes, including its plan to cut some items from the food and drink menu. ‘We’ve taken steps to refocus…

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Investing

White House freeze on federal aid won’t affect student loans, Education Department says

The Department of Education said Tuesday that the pause on federal grants and loans will not affect student loans or financial aid for college. The…

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