BUSINESS

New 529 plan rules let Gen Z invest in careers, not just college

529 accounts are tax-advantaged savings plans designed primarily for education expenses, and recent legislation has significantly broadened their uses. As

BUSINESS

Trump defeats Australia’s mad cow disease restrictions in deal to ship American beef overseas

Australia announced it will reduce restrictions on U.S. beef imports in a move U.S. President Donald Trump’s administration claimed as a major

BUSINESS

GM’s $1 billion tariff hit is evidence of American companies, consumers eating import tax costs

General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company

BUSINESS

Quantum computing is so fire — No, seriously. BofA says it could be humanity’s biggest breakthrough since the discovery of fire

In a recent note on quantum computing, analysts at Bank of America had to reach way back—way, way back—for a

BUSINESS

Trump’s $9 billion spending cuts could spare $400 million for HIV/AIDS relief

Senate Republicans voted to preserve funding for HIV/AIDS relief on Tuesday night, abandoning a controversial $400 million proposed cut to

BUSINESS

US risks financial crisis ahead of midterm elections: former IMF official

The world is losing faith in the dollar, and the U.S. could suffer a financial crisis next year, according to

BUSINESS

Jamie Dimon gets real with Europe about shrinking to just 65% of American GDP over 10-15 years: ‘That’s not good’

JPMorgan Chase CEO Jamie Dimon delivered a stark assessment of Europe’s economic prospects at an event in Dublin hosted by

BUSINESS

Forget a ‘shadow’ Fed chair, here’s how the central bank could have two different leaders at once

Federal Reserve Chairman Jerome Powell actually wears two hats: He is chair of the Fed’s board of governors and chair

BUSINESS

Trump plans to start notifying countries of U.S. tariffs up to 70%

US President Donald Trump said his administration will probably start notifying trading partners Friday of the new US tariff on

BUSINESS

Home Depot’s $5 billion purchase of an unsexy building products distributor is a prime example of smart M&A

Earlier this week, Home Depot said one of its business units was buying building-products distributor GMS for some $4.3 billion,