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Trump woos donors with promises supporting him will be a good business move

Former President Donald Trump is sending a clear message to donors: Invest in me or face the wrath of President Joe Biden’s rollback of Trump-era tax cuts. Trump sold donors with a pitch that included promises to extend tax cuts for the wealthy while at a New York hotel earlier in May, according to the […]

trading, T+1 settlement | Fox Business

Jason Katz, managing director and senior portfolio manager at UBS, explains in Varney & Co. why the Fed’s first interest rate cut would be bad for the stock market. Tuesday’s move to next-day settlement for U.S. securities trading will force exchange-traded funds and market makers to juggle requirements and capital needs across multiple jurisdictions, market […]

Warren Buffett’s favorite ETFs | Fox Business

Ally McCartney, managing director at UBS Private Wealth Management, talks to Making Money about how geopolitical tensions are impacting markets. Investors looking for a simple, cost-effective way to invest in an index may want to follow Warren Buffett’s example. The S&P 500, the broadest stock index, hit a record high this month and is trading […]

FIRE movement: 5 millennials on why they won't retire early – Business Insider

Down icon An icon in the shape of a downward angle. Shelley October, Gabriella Ariza and Oz Chen are poised to achieve financial independence within the next few years, but they don’t want to retire early. Shelley October, Gabriella Ariza, Oz Chen Millennials joining the FIRE movement are prioritizing financial independence over traditional early retirement. […]

‘Overwhelming Chance’ Trump Will Be Convicted in New York Business Records Trial

Former FBI Director James Comey told NewsNation’s “Dan Abrams Live” on Wednesday that he believes former President Donald Trump will be convicted in a business records trial in New York. Host Dan Abrams asked, “If you were the district attorney of Manhattan — you’re a former top prosecutor in New York, not the district attorney […]

FBI Agents Raid Business Owned By Mississippi District Attorney

Federal agents raided a business owned by Hinds County District Attorney Jody Owens, according to local reports. The raid, conducted Wednesday morning, targeted the Downtown Cigar Company in Jackson, Mississippi. FBI spokeswoman Marshay Lawson told WLBT that the bureau is serving “federal search warrants at multiple locations” but stressed that “[t]here is no threat to […]

Red Lobster not going out of business despite filing for bankruptcy

Check out what’s being clicked on FoxBusiness.com Red Lobster sought to reassure customers that filing for Chapter 11 bankruptcy would not mean it would go out of business. The company issued a statement Tuesday acknowledging its current financial difficulties and stressing that its legal restructuring will allow it to strengthen its remaining restaurant locations. “Bankruptcy […]