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Major brokerages are increasingly targeting younger investors, opening the door for teenagers to begin building portfolios years before they traditionally would.ProCap Financial chief market strategist Phil Rosen joined FOX Business’ Stuart Varney on "Varney & Co." to discuss the shift, framing it as part of a broader industry push to capture the next generation of clients amid changing demographics.Firms like Charles Schwab and Fidelity have long catered to older investors, […]

Meta is preparing to cut thousands of jobs as early as next month, with deeper layoffs expected later this year, according to a report.The tech giant intends to slash roughly 10% of its global workforce — or nearly 8,000 employees — in an initial round of cuts on May 20, sources told Reuters.The company is also planning additional layoffs in the second half of the year, though details including timing […]

The parent company behind well-known shopping channels QVC and HSN has filed for Chapter 11 bankruptcy.  QVC Group, which filed in the U.S. Bankruptcy Court for the Southern District of Texas, announced the filing in a press release Thursday, saying the company will undergo a restructuring support agreement (RSA) to reduce its debt from $6.6 billion to $1.3 billion.The goal of the RSA is to emerge from bankruptcy within 90 […]