Sherrone Moore is likely to miss out on nearly $17 million after being fired for cause by the University of Michigan, which determined he had an "inappropriate relationship" with a staffer.
Treasury releases guidance on expanded HSA access from Trump's One Big Beautiful Bill Act, broadening healthcare savings options for millions of Americans.
PepsiCo will cut hundreds of products after Elliott Investment Management pushes for cost reductions. The company will reduce SKUs by 20% to boost value.
Treasury Secretary Scott Bessent warned that the Supreme Court striking down Trump tariffs would hurt Americans, calls IEEPA authority crucial for trade policy.
Trump accounts are new government investment accounts for children under 18, launching in 2026 with $1,000 federal deposits and U.S. stock index fund investments.