President Donald Trump (L) and Sen. Elizabeth Warren (D-MA). Reuters | Getty Images Sen. Elizabeth Warren, D-Mass., said Thursday that the Trump administration’s overhaul of the Consumer Financial Protection Bureau has cost Americans up to $26.5 billion so far, the latest Democratic critique of sweeping changes made to the agency. In a report shared first…
IRS CEO Frank Bisignano, who has been tapped to lead the expansion of Trump Accounts, told CNBC’s “Squawk Box” on Thursday that he expects every family could someday have one of the new tax-deferred investment accounts for children. “We have the ability to enroll people very simply, and I think the objective is to have…
People walk past the U.S. Internal Revenue Service (IRS) building in Washington, D.C., U.S., Nov. 14, 2025. Elizabeth Frantz | Reuters There has been an uptick in the number of tax liens filed by the Internal Revenue Service in recent years, exposing more people who owe a federal tax debt to potential job loss, the…
UnitedHealth Group on Thursday posted second-quarter earnings that blew past estimates and raised its full-year profit outlook, as the company better manages high medical costs and uses AI to help streamline operations. The largest private insurer in the U.S. said it expects 2026 adjusted earnings of $19.50 to $20 per share, up from a previous…
Soccer fans gather for a watch party at China Basin Park during the World Cup semi-final match between Spain and France on July 14, 2026 in San Francisco, California. Heather Diehl | Getty Images While the FIFA World Cup provided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen…
A United Airlines plane takes off from the Fort Lauderdale-Hollywood International Airport on June 9, 2026 in Fort Lauderdale, Florida. Joe Raedle | Getty Images United Airlines‘ second-quarter results came in ahead of Wall Street estimates, but billions of dollars in added fuel costs continue to weigh on earnings, the carrier said Wednesday. Here is…
Xavier Lorenzo | Moment | Getty Images While federal courts have blocked the Trump administration’s efforts to curb eligibility for Public Service Loan Forgiveness, other recent changes still impact borrowers’ ability to benefit from the program. For example, a new repayment plan doesn’t qualify for PSLF, and many parent borrowers may now be locked out…
Dario Amodei, co-founder and CEO of Anthropic, during the company’s Builder Summit in Bengaluru, India, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty Images Anthropic is lining up meetings with investors ahead of a potential initial public offering later this year, a person with knowledge of the plans told CNBC. Bankers leading the offering…
JPMorgan Chase CEO Jamie Dimon on Wednesday announced a $24 million effort to help revive American shipbuilding, his latest move under the bank’s $1.5 trillion security project aimed at bolstering industries critical to U.S. economic and national security. The figure includes $18 million in loans and $6 million in grants to finance a new submarine…
People shop for groceries at a store in Arlington, Virginia, the United States, on June 10, 2026. Li Rui | Xinhua News Agency | Getty Images Wholesale prices unexpectedly fell in June as sliding energy prices helped brighten the inflation picture, the Bureau of Labor Statistics reported Wednesday. The produce price index posted a seasonally…