Airlines face investors after strong— but cheaper — July 4 holiday

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People move through Newark Liberty International Airport following a news conference by Transportation Secretary Sean Duffy at the airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Millions of travelers are expected […]


Trump Tariffs and Trade Wars Leave Investors, Once Optimistic, Feeling Apprehensive

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President Trump made a lot of promises on the campaign trail last year. Investors and business leaders enthusiastically cheered some, like lower taxes and relaxed regulation, and expressed wariness about others, like tariffs and reduced immigration. But when Mr. Trump won the election, there was little sign of that ambivalence: Stock prices soared, as did […]


Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

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Vanguard, the large mutual fund company, has agreed to pay $106 million in restitution to settle a securities regulatory investigation into whether the firm misled retail investors about the tax implications of changes in some of its retirement funds. The Securities and Exchange Commission announced the settlement on Friday along with a flurry of other […]


Ozy Media founder Carlos Watson sentenced to nearly 10 years for defrauding investors

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Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-’til-you-make-it startup culture. So extreme that another Ozy executive impersonated a YouTube executive to hype Ozy to investment bankers — while Watson coached him, prosecutors said. […]


Bitcoin bounces back above $96,000 as investors eye $100,000 milestone

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Bitcoin on Wednesday climbed back above $96,000, recovering slightly from a pullback this week that knocked it from record levels. The price of the flagship cryptocurrency was last higher by nearly 6% at $96,676.70, according to Coin Metrics, while ether jumped more than 9% to $3,636.46. The broader crypto market, as measured by the CoinDesk […]


WNBA will lose $40 million this season with NBA investors growing impatient

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While the WNBA is getting sellout crowds for the finals between the New York Liberty and Minnesota Lynx, the league’s owners will not be making a return on their investment for the foreseeable future, sources close to the situation said.  The NBA owns nearly 60 percent of the league. When one combines the NBA owners’ […]