Economy

$8,000 CD vs. $8,000 high-yield savings account: Which will earn more interest in one year?

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Kalshi trading in 'perps' crosses $1 billion in volume within a week of launch

A spokesperson for the company said that the product is the fastest growing in the prediction market platform's history.

SpaceX IPO explained: The price is set, but retail allocation still up in the air

Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley's E-Trade are among the brokerage platforms making SpaceX shares available.

Stocks making the biggest moves midday: Apple, Micron Technology, Coherent, DraftKings, J.M. Smucker & more

Here are the companies making headlines in midday trading.

Social Security retirement trust fund will be exhausted by 2032, trustees say

The Social Security retirement trust fund will be exhausted in 2032, earlier than previously anticipated, the program’s trustees projected on Tuesday, meaning that senior citizens would face a cut in their benefits at that time unless Congress acts.

Bidding war underway for world's oldest bank, Italy's Banca Monte dei Paschi di Siena

Rome — A bidding war is underway for the world's oldest bank, Italy's Banca Monte dei Paschi di Siena (MPS).

Working Families Tax Cuts strengthen SNAP. Don't let Senate undo progress

June 1 marked the start of new eligibility requirements for Americans enrolled in the Supplemental Nutrition Assistance Program. The working families tax cuts strengthened the long-term viability of SNAP by requiring able-bodied adults to meet modest work requirements to retain their benefits — with clear exemptions for vulnerable populations. These commonsense reforms protect taxpayer dollars and restore public trust to a system plagued by waste and abuse.

Jim Cramer Debates Trimming 2 Stocks

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war

National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the war

Energy Secretary Chris Wright says traffic in Strait of Hormuz is rising 'very meaningfully'

Wright said that describing the volume of oil exports out of Hormuz as increasing is a "fair statement."

Trump family got about $500M from crypto venture

Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company's shares are down 93%.

Why This Summer’s Airfares Are Unaffordable—And Unpredictable

The normal patterns of price changes may no longer hold true.