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Wayfair CFO says sellers on the company’s $12 billion marketplace are trying to ‘insulate’ customers from tariffs

Wayfair CFO says sellers on the company’s $12 billion marketplace are trying to ‘insulate’ customers from tariffs

The home goods category has seen its share of twists and turns over the past five years: a pandemic-era boom and then a slump when consumers pivoted toward travel and experiences rather than physical items. Now, it’s facing headwinds in the form of tariffs and an uncertain economy, and generative AI could be changing how people shop. Kate Gulliver, CFO…
Trump says he’s arranging for Putin and Zelenskyy to meet face to face, followed by meeting of all 3 presidents

Trump says he’s arranging for Putin and Zelenskyy to meet face to face, followed by meeting of all 3 presidents

President Donald Trump says he has begun arrangements for a face-to-face meeting between Vladimir Putin and Volodymyr Zelenskyy to discuss a pathway to end Russia’s invasion of Ukraine. “I called President Putin, and began the arrangements for a meeting, at a location to be determined, between President Putin and President Zelenskyy,” Trump said in a social media posting following lengthy…
Trump says Intel CEO has ‘amazing story,’ sets Cabinet talks

Trump says Intel CEO has ‘amazing story,’ sets Cabinet talks

President Donald Trump said members of his Cabinet would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. chief executive officer at the White House on Monday. “The meeting was a very interesting one,” Trump said in a social media post. “His success and rise is an amazing story. Mr. Tan and my Cabinet…
Southeast Asia’s cities are at ‘high risk’ of flooding and heatwaves, thanks to climate change

Southeast Asia’s cities are at ‘high risk’ of flooding and heatwaves, thanks to climate change

In recent weeks, there have been viral images from the Philippines show couples exchanging wedding vows in flooded churches after Tropical Storm Wipha made landfall in late-July. The storm swept through southern China and central Vietnam, with heavy rain causing flooding in both locations.  Vietnam and the Philippines are used to periods of intense rain, but climate change threatens to…
Just 1% of health R&D targets women. The Gates Foundation aims to change that with $2.5 billion push

Just 1% of health R&D targets women. The Gates Foundation aims to change that with $2.5 billion push

Globally, women live an average of three-and-a-half years longer than men, for a variety of genetic, hormonal, and societal reasons. But women tend to have shorter “health spans”—years of living in good health. Partly due to the perils they face in pregnancy and childbirth, they spend more of their lives unwell, and in poor countries millions of women and children…
After Figma’s red hot IPO, investors say these companies may be next to IPO

After Figma’s red hot IPO, investors say these companies may be next to IPO

Figma’s sensational IPO last week resurrected longstanding debates about IPO pricing and first day pops—an unsurprising reaction to the newly listed stock’s 333% surge in its first days of trading. As investors dissect the offering (and as Figma’s stock settles back a bit, falling 27% on Monday), other key questions have emerged: Will Figma’s debut entice other startups to jump…
At least 2 people shot at Manhattan offices of private equity firm Blackstone and NFL headquarters

At least 2 people shot at Manhattan offices of private equity firm Blackstone and NFL headquarters

At least two people, including a New York City police officer, were shot Monday in a midtown office building that houses some of the country’s top financial firms and the National Football League, a person familiar with the matter told The Associated Press. The person, who did not immediately know the victims’ conditions, was not authorized to publicly discuss the ongoing investigation…
Mass shooting in central business district shakes Manhattan, leaves at least 4 dead

Mass shooting in central business district shakes Manhattan, leaves at least 4 dead

A mass shooting erupted Monday evening, July 28, 2025, at an office tower in Midtown Manhattan, leaving at least four people dead, according to ABC News, including an off-duty NYPD officer and the gunman who took his own life. The attack took place at the 345 Park Avenue, home to major firms and organizations, prompting an emergency response and lockdown…
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

Treasury Secretary Scott Bessent sharply escalated his criticisms of the Federal Reserve on Monday, publicly urging a comprehensive investigation into the central bank’s operations and effectiveness. In a news-making interview with CNBC, Bessent questioned whether the Federal Reserve has fulfilled its mandate, issuing a rare public critique from the nation’s top economic official on its own central bank at a…
Stock market today: S&P 500, Nasdaq hit fresh highs on earnings

Stock market today: S&P 500, Nasdaq hit fresh highs on earnings

U.S. stocks powered higher on Monday as strong earnings overshadowed continued uncertainty on tariffs and the White House’s pressure on the Federal Reserve. The S&P 500 closed up 0.14%, and the Nasdaq rose 0.38%, paring gains after touching new all-time intraday highs. The Dow Jones Industrial Average reversed lower, slipping 19 points, or 0.04%. The yield on the 10-year Treasury dropped 4.7 basis points…
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