President Donald Trump’s massive tax and spending package includes a new child savings account with a one-time deposit of $1,000 from the federal government for newborns. The premise is simple: So-called “Trump accounts,” a type of tax-advantaged savings account, will be available to all children who are U.S. citizens starting in July 2026. Beyond that, the rules get … Read more
The urban skyline and cityscape in Shanghai China. Lu Shaoji | Moment | Getty Images BEIJING — From coffee to cars to real estate, there’s a recurring pattern in China: companies rush into an industry, then resort to discounts to stay afloat. That has economists worried. Natixis’ study of 2,500 listed Chinese companies reinforce how … Read more
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 posted a record close Thursday, and what’s on the … Read more
As the Trump administration overhauls the federal student loan repayment system, borrowers may soon find it difficult to keep up with their monthly payments, consumer advocates said. The SAVE, or Saving on a Valuable Education, plan, touted by the Biden administration as the most affordable repayment program ever, is now defunct. President Donald Trump’s “big … Read more
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage company rose 3% following its second-quarter beat on both the top and bottom lines. Adjusted earnings came in at $2.12 per share on revenues of $22.73 billion, versus the $2.03 per share on revenue of $22.28 billion, according … Read more
Private market investments could make an appearance in your 401(k) retirement plan soon, and a handful of asset managers are poised for a tailwind, according to Deutsche Bank. Earlier this week, The Wall Street Journal reported , citing people familiar with the matter, that the Trump administration is working on an executive order that would … Read more
The complacency around tariffs is dissipating. The stock market is starting to price in lower earnings, partly due to the impact of tariffs. While the Trump administration has argued against this, the market believes tariffs mean higher inflation and lower growth. After Trump’s election, the stock market initially rallied on Trump’s promise of less regulation and a … Read more
Digital currency thefts are on the rise. Jakub Porzycki | Nurphoto via Getty Images The value of cryptocurrencies stolen by criminals surged in the first six months of 2025 after a high-profile hack and a wave of physical attacks targeting crypto holders and their relatives. So far this year, $2.17 billion has been stolen from … Read more
Here are Thursday’s biggest calls on Wall Street: Citi reiterates First Solar as buy Citi said First Solar is well positioned heading into earnings on July 31. “We expect investors to focus on: 1) impact of lower tariffs on guidance, 2) bookings in 2Q vs buyside expectations for ~0.5GW, 3) Asia capacity utilization, 4) potential … Read more
Vithun Khamsong | Moment | Getty Images American workers who participate in a retirement plan expect to need an average $1.28 million set aside to retire comfortably, according to a new survey from investment management company Schroders. Yet just 30% of workers say they expect to have $1 million or more by the time they … Read more
