President Donald Trump said Saturday the U.S. would contribute $50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support. Ivanka Trump joined World Bank Group President Jim Yong Kim on the sidelines of the Group of 20 world leaders' summit in Hamburg, Germany, to launch the Women Entrepreneurs Finance Initiative.Kim said the fund had raised more than $325 million so far for projects and programs to support women and women-led businesses by improving access to capital and markets, providing technical assistance,...…President Donald Trump said Saturday the U.S. would contribute $50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support. Ivanka Trump joined World Bank Group President Jim Yong Kim on the sidelines of the Group of 20 world leaders' summit in Hamburg, Germany, to launch the Women Entrepreneurs Finance Initiative.Kim said the fund had raised more than $325 million so far for projects and programs to support women and women-led businesses by improving access to capital and markets, providing technical assistance,...WW…

As millennials begin to settle down, they’re fleeing big cities in droves, driving a huge resurgence to American suburbs in search of cheaper houses and good schools, according to Census Department figures. After years of stagnant growth in the wake of the financial crisis, suburban towns now account for 14 of the 15 fastest-growing U.S. cities with populations over 50,000, according to published in May.Towns such as Buckeye City, Arizona; Apex, North Carolina; and Frisco, Texas are now grappling with an influx of millennials, ages 23 to 38, who have been and are heading to the suburbs,...…As millennials begin to settle down, they’re fleeing big cities in droves, driving a huge resurgence to American suburbs in search of cheaper houses and good schools, according to Census Department figures. After years of stagnant growth in the wake of the financial crisis, suburban towns now account for 14 of the 15 fastest-growing U.S. cities with populations over 50,000, according to published in May.Towns such as Buckeye City, Arizona; Apex, North Carolina; and Frisco, Texas are now grappling with an influx of millennials, ages 23 to 38, who have been and are heading to the suburbs,...WW…

Economist Thomas Sowell on Monday compared the tariffs implemented during the Great Depression to President Donald Trump’s aluminum and steel duties. “The Smoot Hawley tariffs of 1930 had a lot more to do with the Great Depression than the stock market,” Sowell told FOX Business’ Neil Cavuto on “Cavuto: Coast to Coast.” “Unemployment was nowhere near as low the first year after the stock market as it was in the first five months after those tariffs went in. During the Great Depression in the 1930s, we had trade surpluses, but it didn’t do us a bit of good.”Earlier this month, the president...…Economist Thomas Sowell on Monday compared the tariffs implemented during the Great Depression to President Donald Trump’s aluminum and steel duties. “The Smoot Hawley tariffs of 1930 had a lot more to do with the Great Depression than the stock market,” Sowell told FOX Business’ Neil Cavuto on “Cavuto: Coast to Coast.” “Unemployment was nowhere near as low the first year after the stock market as it was in the first five months after those tariffs went in. During the Great Depression in the 1930s, we had trade surpluses, but it didn’t do us a bit of good.”Earlier this month, the president...WW…

China on Monday threw its latest punch in the trade war Opens a New Window. by letting its currency weaken to a more than one decade low against the U.S. dollar. Beijing's actions drew the ire of President Trump and sent shock waves rippling across Wall Street. "China dropped the price of their currency to an almost a historic low," Trump tweeted on Monday. "It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China overtime!" China dropped the price of their currency to an almost a historic low. It’s called “currency...…China on Monday threw its latest punch in the trade war Opens a New Window. by letting its currency weaken to a more than one decade low against the U.S. dollar. Beijing's actions drew the ire of President Trump and sent shock waves rippling across Wall Street. "China dropped the price of their currency to an almost a historic low," Trump tweeted on Monday. "It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China overtime!" China dropped the price of their currency to an almost a historic low. It’s called “currency...WW…

Odeon Capital Group financial strategist Richard Bove declaring bank look “excellent” and an inverted yield won’t eat into their earnings. “History would argue that an inverted yield curve does not result in bank earnings going down,” he told FOX Business’ Liz Claman Wednesday on “The Claman Countdown.”Today, the suffered an 800 point loss after a section of the yield curve inverted. A yield curve inversion occurs when short-term bond yields rise above short-term bond yields. Today, the 10-Treasury yield fell below the 2-year note, while the 30-year Treasury yield dropped to a record low of...…Odeon Capital Group financial strategist Richard Bove declaring bank look “excellent” and an inverted yield won’t eat into their earnings. “History would argue that an inverted yield curve does not result in bank earnings going down,” he told FOX Business’ Liz Claman Wednesday on “The Claman Countdown.”Today, the suffered an 800 point loss after a section of the yield curve inverted. A yield curve inversion occurs when short-term bond yields rise above short-term bond yields. Today, the 10-Treasury yield fell below the 2-year note, while the 30-year Treasury yield dropped to a record low of...WW…

Get all the latest news on coronavirus and more delivered daily to your inbox. . If and treated their drivers as employees rather than contractors, the two companies would owe California million in unemployment insurance contributions, according to a new report.Thousands of unemployed gig workers in California  at the end of April to file for unemployment benefits. Applicants amount of $167 a week and the additional $600 a week benefit established by the massive $2.2 trillion CARES Act passed by Congress at the end of March. Ticker Security Last Change Change % UBER...…Get all the latest news on coronavirus and more delivered daily to your inbox. . If and treated their drivers as employees rather than contractors, the two companies would owe California million in unemployment insurance contributions, according to a new report.Thousands of unemployed gig workers in California  at the end of April to file for unemployment benefits. Applicants amount of $167 a week and the additional $600 a week benefit established by the massive $2.2 trillion CARES Act passed by Congress at the end of March. Ticker Security Last Change Change % UBER...WW…

*Updated July 25th 8:35 am A Charlotte-based startup says e-commerce king Amazon (NASDAQ:AMZN) jacked up their suggested retail price during the company’s annual discount event—Prime Day—to deceive consumers into thinking that they were getting a deal, when in reality, they weren’t.Jason Jacobs, founder of Remodeez, a small company that specializes in non-toxic foot deodorizers and other odor stoppers, says he had an agreement with Amazon since 2015 on a suggested retail price of $9.99 for his products and was shocked after the tech giant almost doubled that on Prime Day to make it look...…*Updated July 25th 8:35 am A Charlotte-based startup says e-commerce king Amazon (NASDAQ:AMZN) jacked up their suggested retail price during the company’s annual discount event—Prime Day—to deceive consumers into thinking that they were getting a deal, when in reality, they weren’t.Jason Jacobs, founder of Remodeez, a small company that specializes in non-toxic foot deodorizers and other odor stoppers, says he had an agreement with Amazon since 2015 on a suggested retail price of $9.99 for his products and was shocked after the tech giant almost doubled that on Prime Day to make it look...WW…

Get all the latest news on coronavirus and more delivered daily to your inbox. . President Trump's chief economic adviser  said Sunday the could see a historically high growth rate in 2021 despite the current economic contraction caused by ."President Trump cut taxes and regulations for middle-income folks, better trade deals, boosting the energy system, that worked. We had terrific growth in earlier years, even the beginning of this year," Kudlow told "Sunday Morning Futures." "We will build on those incentives so that coming off of this pandemic, we...…Get all the latest news on coronavirus and more delivered daily to your inbox. . President Trump's chief economic adviser  said Sunday the could see a historically high growth rate in 2021 despite the current economic contraction caused by ."President Trump cut taxes and regulations for middle-income folks, better trade deals, boosting the energy system, that worked. We had terrific growth in earlier years, even the beginning of this year," Kudlow told "Sunday Morning Futures." "We will build on those incentives so that coming off of this pandemic, we...WW…

Berkeley is gearing up to become the first city in the nation to ban from the checkout line in grocery stores. In a unanimous vote Tuesday night, the Berkeley City Council passed the “healthy checkout” ordinance.Come March 2021, when the measure is set to take effect, large grocery stores in the California city will be prohibited from selling food and beverages deemed unhealthy in a 3-foot radius from the checkout. “It’s not really a ban, it’s a nudge,” co-sponsor of the ordinance Councilmember Kate Harrison told FOX Business. “What we have discovered is that this law...…Berkeley is gearing up to become the first city in the nation to ban from the checkout line in grocery stores. In a unanimous vote Tuesday night, the Berkeley City Council passed the “healthy checkout” ordinance.Come March 2021, when the measure is set to take effect, large grocery stores in the California city will be prohibited from selling food and beverages deemed unhealthy in a 3-foot radius from the checkout. “It’s not really a ban, it’s a nudge,” co-sponsor of the ordinance Councilmember Kate Harrison told FOX Business. “What we have discovered is that this law...WW…

was ranked the lowest in the country in terms of outlook by a new report that examines policies and whether they have helped or hurt their state’s competitiveness. The American Legislative Exchange Council (ALEC), a conservative think tank, looked at each state for the organization’s 13th annual “Rich States, Poor States” , which was released Wednesday. “Generally speaking, states that spend less — especially on income transfer programs — and states that tax less — particularly on productive activities such as working or investing — experience higher growth rates than states that tax and...…was ranked the lowest in the country in terms of outlook by a new report that examines policies and whether they have helped or hurt their state’s competitiveness. The American Legislative Exchange Council (ALEC), a conservative think tank, looked at each state for the organization’s 13th annual “Rich States, Poor States” , which was released Wednesday. “Generally speaking, states that spend less — especially on income transfer programs — and states that tax less — particularly on productive activities such as working or investing — experience higher growth rates than states that tax and...WW…