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Donald Trump Jr.’s venture capital firm rejects House Democrat’s accusations of “insider political influence”

Donald Trump Jr.’s venture capital firm punched back Tuesday at suspicions cast by a key congressional Democrat about potential “insider political influence,” likely foreshadowing the political showdowns in the U.S. House if control of the chamber flips in the November elections. In a letter shared with CBS News, the legal counsel for the president’s eldest…

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Billionaire David Booth helped pioneer index investing. Here’s his advice for investors.

Index investing pioneer David Booth has a simple message for people navigating volatile financial markets: Stay calm and keep investing. Booth, a billionaire several times over whose Dimensional Fund Advisors manages $1 trillion, expands on that advice in a new book, “Stay Calm: Learn to Embrace Uncertainty in Investing and Life,” scheduled for publication on Sept….

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Reese’s Halloween pumpkins return to store shelves unchanged after Hershey won lawsuit

Last year, Hershey prevailed in a lawsuit that claimed Reese’s featureless Halloween pumpkins were a consumer letdown. Starting this month, the spooky treats will return to store shelves, though without any changes to their smooth, oval shapes.  “We know what consumers love,” said Katie DeCapria, senior brand manager for Halloween at Hershey, in a press…

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Dow soars 1,000 points on strong corporate earnings and hopes of Iran deal

The U.S. stock market approached record highs on Tuesday after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could be reached within days. Investors were also cheered by strong corporate profits, with companies ranging from equipment maker Caterpillar to software company Palantir Technologies reporting second-quarter results that exceeded analysts’ expectations. …

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