The big focus now is on the potential for a September rate hike after the Fed stands pat
Markets should be ‘on alert for a hike in September, particularly with war clouds pushing up energy prices again,’ one economist says
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Korean beauty products are becoming mainstream in the U.S.
Shoppers during the grand opening of an Olive Young store in Pasadena, California, May 29, 2026. Kyle Grillot | Bloomberg | Getty Images When Olive Young opened its first U.S. outpost in late May, shoppers were already camping out, and the line spanned multiple blocks. On opening weekend, the leading South Korean beauty retailer’s new…
Pickaxe Mountain: What to know about Iran nuclear facility Trump may strike
PICKAXE MOUNTAIN NEAR NATANZ NUCLEAR FACILITY, IRAN — NOVEMBER 14, 2025: 12 — Vantor satellite image shows tunnel construction activities and a large spoil pile near the Natanz nuclear complex at Pickaxe Mountain. Please use: Satellite image (c) 2026 Vantor. Maxar | Maxar | Getty Images U.S. President Donald Trump has threatened to bomb an…
Fintech Bottomline offers stablecoin-friendly CFO suite
Dive Brief: Financial technology firm Bottomline has added stablecoin capabilities to its CFO suite, giving corporate finance teams a way to incorporate digital dollar transactions into existing payment and treasury workflows, the company said Monday. The new capabilities are designed to allow finance teams to send, receive and manage stablecoins while establishing approvals, controls and…
A Yale professor says America is now an ‘oldigarchy’—and Boomers on LinkedIn are enraged
I’m 42; Samuel Moyn is 54. When we talked about his new book, Gerontocracy in America, it felt less like an interview than a conversation between two people who’ve learned to live with the price of telling older, richer people something they don’t want to hear. Maybe Moyn was trying to give me advice when…
Can 530A accounts expand economic mobility?
At a glance A new early-life asset-building program could generate substantial long-term assets. Under modeled scenarios, broad participation and additional contributions to 530A accounts, also known as “Trump Accounts,” could generate between approximately $80 billion and more than $900 billion in long-term asset accumulation for lower-wealth households over the next decade. Expanding access does not…
Air Taxi Service Across Parts of Florida Moving Closer to Reality
The long-awaited future moved a little closer to the present this week when officials in Kissimmee, Florida, unveiled new infrastructure to support an air taxi/flying car service in coming years. “We will go from the Orlando area to Tampa within 30 minutes,” Kissimmee Aviation Director Shaun Germolus said at a news conference and statement, as…
