April 4, 2026

Blog

Technology

Trump allies draft AI order to launch ‘Manhattan Projects’ for defense

Former president Donald Trump’s allies are drafting a sweeping AI executive order that would launch a series of “Manhattan Projects” to develop military technology and immediately review “unnecessary and burdensome regulations” — signaling how a potential second Trump administration may pursue AI policies favorable to Silicon Valley investors and companies. The framework would also create

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Insurance

Homeowner seeking answers after being dropped by Florida Peninsula Insurance

RUSKIN, Fla. — Ruskin homeowner Lionel St. Hilaire emailed ABC Action News for answers after receiving a notice of non-renewal from Florida Peninsula alerting him that he would be dropped in the middle of hurricane season. “I was really shocked,” he told ABC Action News Anchor Nadeen Yanes. “Because I was never late with any

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Energy

Mass. Democrats tee up energy, health care reforms

Legislation released by the House Tuesday aims to reform the siting and permitting process for renewable energy projects. (Alvaro Barrientos/Associated Press) Beacon Hill lawmakers are set to advance two major priorities this week as the end of the two-year session swiftly approaches — clean energy reforms and changes to the hospital industry inspired by the

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Wealth Management

BofA’s Merrill and other wealth units hit AUM record in second quarter

Bank of America’s Merrill and other wealth management units hit a record for assets under management, driven in part by $11 billion in asset inflows in the second quarter. Bank of America reported $4.6 trillion in assets under management for its Merrill, private and consumer investments divisions on Tuesday. That figure, the banking giant said,

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Fund

Hurricane Beryl fund set up for Harris, Montgomery, Fort Bend counties residents impacted by storm – Houston Public Media

Daisy Espinoza Officials announce the Hurricane Beryl fund for resident impacted by the storm. The Greater Houston Disaster Alliance has launched the Hurricane Beryl Recovery Fund for those impacted by the storm. The Greater Houston Disaster Alliance, Greater Houston Community Foundation, and United Way of Greater Houston partnered with the city of Houston and Harris

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Tax

Wu defends property tax plan on Beacon Hill

Boston Mayor Michelle Wu was on Beacon Hill Tuesday asking legislators to sign off on a plan to increase the property tax share paid by city businesses. As in many communities, Boston places a higher tax rate on commercial and industrial property compared to residential, amounting to a roughly 60/40 split. But with expected decreases

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Stock Brokers

IBKR Earnings: Interactive Brokers Gains after Releasing Q2 Results

Shares of Interactive Brokers (IBKR) gained in after-hours trading after the electronic investment broker reported earnings for its second quarter of Fiscal Year 2024. Earnings per share came in at $1.76, which beat analysts’ consensus estimate of $1.74 per share. However, sales increased by 23% year-over-year, with revenue hitting $1.23 billion. This missed analysts’ expectations

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Wealth Management

IRS Defeats Property Manager’s Bid to Shield Citibank Accounts

A Sacramento property manager can’t sue Citibank or the US in an attempt to shield her bank records from the IRS, a federal judge said, adopting a magistrate judge’s recommendation for dismissal. Parvaneh Alizadeh’s motion to quash the IRS’ summons of her own and Parva Property Management LLC’s bank records—issued to aid in the collection

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Investments

How long will the investment banking boost last?

With the potential for the Federal Reserve to cut interest rates as soon as this September, there may be added hurdles for investment banking to keep profitability high even after several banks reported positive second quarter results. CFRA director of equity research Ken Leon joins Market Domination to discuss the state of investment banking and

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Energy

Heat funds | State funding for Energy Assistance Program during ongoing heatwave exhausted

RALEIGH, N.C. (WTVD) — After several weeks of hot and humid weather, people are starting to get high energy bills in the mail. Wake County has an Energy Assistance Program to help residents with sky-high bills. Eligible households can receive up to $1,200 each fiscal year. Unfortunately, Wake officials say they too are stressed out

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