Trump Accounts Launch With $1,000 Seed, Aim to Reshape Child Wealth
Trump Accounts go live July 4 with a $1,000 federal seed for eligible children. The program aims to build generational wealth but faces questions on equity.
Economy — page 3
FCA Forced to Pause £9.1bn Car Finance Compensation Payouts After Tribunal Challenge
The UK's financial watchdog has been ordered to suspend its £9.1bn car finance compensation scheme, delaying payouts for millions of motorists until 2027.
Uber Stock Rises 7% on Retail Expansion Amid Insurance Controversy
Uber shares jump 7% on new retail partnerships, while a California insurance controversy raises questions about transparency and reserve levels.
Delta CEO Ed Bastian: Ticket Prices Will Drop Only When Air Traffic Bottlenecks Clear
Delta CEO Ed Bastian says airline ticket prices won't fall until air traffic control congestion eases, despite lower fuel costs.
Mortgage Rates Spike After Fed, but Iran Deal Holds Hope for Relief
Mortgage rates hit 6.62% after Fed signals tighter policy, but a potential Iran peace deal could ease inflation and bring rates down in coming weeks.
Mortgage Rates Hit One-Month Lows as Iran Peace Deal Boosts Bond Markets
Mortgage rates fell to their lowest level in a month on June 15, 2026, after the Iran peace deal sparked a bond market rally. Average 30-year fixed rates droppe
Recession Fears Intensify as US Consumer Spending Slumps and Germany Faces Energy Shock
US consumer spending fell 1.3% in May while Germany risks recession amid Iran energy shock. Experts warn of negative feedback loop.
Tariff Refunds Eclipse Revenue as Trade Court Judge Pushes Trump Administration
Trump administration paid out more tariff refunds than it took in May, as a trade judge urges faster repayments and legal battles continue.
Jim Cramer Warns SpaceX IPO Could Trigger $5 Trillion Valuation Mirage
Jim Cramer warns SpaceX's $1.77 trillion IPO could spike to $5 trillion on day one, citing risks of retail frenzy and a repeat of Cerebras' crash.
Social Security Cuts Loom: These States Face the Steepest Losses by 2032
New Social Security projections show a 22-24% benefit cut by 2032. See which states face the highest dollar losses and why Congress must act.
Mango to Open 45 New Stores in France by 2028, Creating 700 Jobs
Spanish fashion retailer Mango announces 45 new French stores and 700 jobs by 2028, investing €66 million in its largest international market.
Markets Shed $2 Trillion in Two Hours as Crash Fears Intensify Across Asset Classes
US stock markets lost $2 trillion in two hours on Monday as a confluence of risks, from SpaceX IPO jitters to gold signals, fuels crash fears.