Business

Trump threatens ‘very severe consequences’ if Putin refuses to end Ukraine war
US president allays European concerns with focus on ceasefire as Alaska talks near

Peter Thiel-backed crypto exchange Bullish surges 170% in market debut
First day stock rally for trading platform signals strong investor interest in digital asset shares

Trump’s tariffs turn from confused to chaotic
US trade policy is a cautionary tale but not yet a catalyst of global disaster

The gap between higher and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says
America’s consumer economy showed renewed signs of strength in July, but the gains are not being shared equally. According to ...

Wildfires spread dangerously close to southern European capital cities
Data shows number of blazes in Europe has jumped by nearly 50% in 2025 during repeated heatwaves

As degrees get branded worthless, LinkedIn’s just revealed the universities that give Gen Z the best shot at corner office jobs
As Gen Z increasingly wonders whether a diploma is worth the debt, LinkedIn says the real test of a school ...

Switzerland warns its companies that no, they can’t dodge Trump’s tariffs by routing goods through the tiny neighboring country of Liechtenstein
Switzerland and Liechtenstein have long shared an economic market, but President Donald Trump has imposed a steep tariff on Swiss ...

Even a 1% mortgage rate drop could be enough to ‘unlock’ the frozen housing market, Oxford Economics says
Mortgage rates are currently in the high 6% range, and a drop back to the pandemic-era sub-3% levels is considered ...

The AI dealmaking circus continues with Perplexity’s bid for Chrome
Several things in this mooted deal are odd

Wealth managers fear for future of UK’s ‘generous’ inheritance tax loopholes
Advisers raise concern that chancellor could tighten rules exempting some assets from death duties

Hand soap recalled due to potentially life-threatening bacteria
DermaRite Industries has recalled several soaps and antiseptic cleaners. The soaps could be infected with a bacteria that could lead ...

AMD CEO won’t offer $100 million salaries to poach talent like Mark Zuckerberg—she says it’s more important staff don’t feel like a ‘cog in the wheel’
Lisa Su, the CEO of $284 billion semiconductor giant AMD, won’t be matching Mark Zuckerberg’s $100 million compensation package in ...

How Binance’s Yi He became ‘the most powerful woman in crypto’—and steered the company past its biggest ordeal
When Yi He was a girl in the 1980s, she walked to the well for water and relied on kerosene ...

Applebee’s and IHOP’s CIO places AI bets that can boost traffic and improve the dining experience
Justin Skelton, the chief information officer at Dine Brands, envisions a world in the not-too-distant future where an IHOP server ...

Baltic foreign ministers: We know Russian occupation is never temporary
Land swaps and de facto annexation in Ukraine won’t bring peace and could lead to decades of brutal subjugation

AI is already creating a billionaire boom: There are now 498 AI unicorns—and they’re worth $2.7 trillion
AI is minting billion-dollar startups faster than the dot-com era, with 100 unicorns born in the last two years, including ...

Treasury picks 11 candidates to interview for Fed chair
BlackRock and Jefferies figures are among the candidates

Match Group agrees to pay $14 million to the FTC for misleading ads
Match Group has agreed to pay $14 million to the FTC. The payment will settle charges of deceptive advertising practices. ...

Kodak’s corporate doom: 133-year-old photo icon warns investors it may cease operations with $500 million debt problem
After 133 years, a bankruptcy, and multiple reinventions, Kodak’s latest snapshot is grim: The company says there’s “substantial doubt” it ...

In Trump’s year of cost-cutting and efficiency, national debt soars past $37 trillion
U.S. national debt has topped $37 trillion, drawing warnings from economists and business leaders. President Trump’s plan to repay the ...

Financial firms from Stripe to Circle are building their own blockchains—here’s why
Building blockchains is the newest fad in fintech. The U.S. crypto exchange Coinbase has one. The online brokerage Robinhood announced ...

Gen Z and young millennials are driving a great American drinking decline, Gallup poll shows
Fewer Americans are reporting that they drink alcohol amid a growing belief that even moderate alcohol consumption is a health ...

Scott Bessent floats rolling out export tax to more industries
US Treasury secretary says Nvidia revenue-sharing agreement could be a model

Why bad ideas are always with us
Tariffs, Nimbyism, high debt — the victims of these things don’t even know what they’re losing

European leaders meet Zelenskyy ahead of Trump’s summit with Putin
European countries rushing to build a common approach with US on how to end war

Cava CFO: Automation to ‘enhance the human experience, not replace it’
Good morning. As automation gains momentum in the food service industry, Mediterranean restaurant chain Cava—known for fan favorites like pita ...

Audi workers demand German job security before backing U.S. expansion
Audi must secure jobs and production in Germany before building a factory in the US over President Donald Trump’s tariffs, ...

Markets have convinced themselves they’ll get a September interest rate cut—now they’re eyeing a double reduction
A cooler July inflation reading has markets pricing in a 96% chance of a September Fed rate cut, though debate ...

Rebecca Lynn spins out of Canvas Ventures to found Canvas Prime as solo GP
Rebecca Lynn doesn’t believe in first-mover advantage. “Never be a first mover,” says Lynn. First movers bear the burden of ...

There’s a good reason stocks continue to hit all-time highs—most companies are beating expectations, JPMorgan says
Why are stocks hitting record highs? Because the vast majority of companies are beating earnings and revenue expectations. With inflation ...