Economy

BMW to review practices once deemed ’untouchable’ as profit slumps

BMW's profit dropped 35% in the second quarter. The company blames low sales in China and consumer confidence issues. BMW will review its working practices.

Why is Schneider Electric stock surging today?

Schneider Electric's stock price went up 6.1%. The company did very well in the first half of 2026. They made a lot of money and expect to make even more.

I make up to $1,000 a month doing people's laundry in my house. The flexibility allows me to support my autistic son.

Angelina Viglione has a side job doing laundry. She earns up to $1,000 a month. This helps her take care of her autistic son. She works as a barista and does laundry on the side.

Why is Symrise stock surging today?

Symrise is a German company that makes flavors and fragrances. It reported good sales growth for the second quarter of 2026. The company's stock price went up 6.1%.

Why is Trevi Finanziaria stock surging today?

Trevi Finanziaria Industriale SpA's stock price rose 8.3% after Webuild S.p.A. made a takeover offer. Webuild offered €4.50 per share, which is higher than Trevi's previous price. This offer is a competing bid to a previous takeover attempt.

Euro zone grows a touch above forecasts on AI spending, confident consumers

The euro zone economy grew 0.4% last quarter. This growth was higher than expected. It was caused by increased investment in AI and government spending. The economy of 21 nations expanded compared to the same quarter last year.

L’Oreal to launch first Gucci beauty products as early as 2028, CEO says

L’Oreal to launch first Gucci beauty products as early as 2028, CEO says

Europe’s social media bans force businesses to rethink how they reach the youngest generation

European governments are limiting how young people use social media. France will stop under 15s from using social media on September 1. This could happen across all of Europe.

Disneyland guests left scrambling after water outage shuts bathrooms and restaurants

Disneyland guests left scrambling after water outage shuts bathrooms and restaurants

Piers Morgan eviscerates Ivy League student who refused to work 'for a Jew' as 'brazenly' antisemitic

Piers Morgan criticized a Cornell University student named Austin Franco. Franco said he didn't want to work for a Jewish person. This was after Franco rejected an internship with a startup co-founded by two Jewish brothers. Morgan thought Franco's comment was very antisemitic.

Why the under is the play as Trevor Rogers and Tarik Skubal face off in Baltimore-Detroit matchup

The Baltimore Orioles are playing the Detroit Tigers. Trevor Rogers is starting for the Orioles, and Tarik Skubal is starting for the Tigers. This is a big game because the Orioles are trying to improve their season.

Close call at Atlanta airport forces Delta anti-collision alarms to sound

Two Delta Air Lines jets almost crashed at Atlanta airport. They were flying over Hartsfield-Jackson International Airport. The incident happened at 11 p.m. on Monday. It is being investigated by the government.

Student-debt relief and higher borrowing limits are on the line in lawsuits fighting Trump's repayment changes

President Trump changed how students pay back their loans. These changes began on July 1st. Now, lawsuits are fighting these rules in court. Some parts of the new plan did not start working yet. The fights cover loan repayment and borrowing caps.

Regulators propose overhaul to law governing how banks lend to low-and-middle income communities

Regulators have proposed an overhaul of the law that guides how banks lend to low-and-middle income communities. The Trump Administration announced changes to the Community Reinvestment Act (CRA). The CRA requires regulators to check how well banks serve these neighborhoods with loans and services. The proposed changes could alter how banks' performance is measured and enforced.

China’s factory activity unexpectedly slips into contraction in July

In July, China's factory activity fell into contraction for the first time in five months. An official survey showed the manufacturing PMI dropped below 50, indicating shrinking output. The drop was unexpected by analysts who had expected growth to continue. This signals a slowdown in China's industrial sector.

I started making dog food in my kitchen. It became a $250 million company.

Lucy Postins began making dog food in her kitchen in 2001 to help her dog Mosi with ear infections. She turned her homemade recipes into a business called The Honest Kitchen. The company grew to be worth about $250 million. She stepped down as CEO to spend more time with her children but still works as Chief Integrity Officer.

Hyatt slides as room-growth outlook disappoints, Mideast and Mexico pressures linger

Hyatt's stock fell after it gave a weaker forecast for new hotel rooms. The company said growth in the Middle East and Mexico will be slower than expected. Investors reacted by selling shares, pushing the price down. The outlook disappointed analysts who hoped for stronger expansion.

US inflation slows in June, but reversal likely amid Middle East conflict

A retired doctor started exercising seriously at 50. At 90, he climbed Kilimanjaro.

CEG vs VST: nuclear purity against diversified value in the AI power trade

The article compares Constellation Energy (CEG) and Vistra (VST). It says CEG relies mainly on nuclear power, while VST has a mix of power sources. The discussion is set against the rising electricity needs of AI data centers.

Mexico’s economy grows 1.5% in second quarter

Mexico's economy grew 1.5% in the second quarter compared to the first quarter. This was higher than the 1.3% that economists expected. Year‑on‑year growth was 2.2%, also above the forecast of 1.5%. The data came from INEGI, the national statistics agency.

Current price of oil as of July 30, 2026

On July 30, 2026, Brent crude oil traded at $92.65 per barrel. This was $3.12 higher than the price the previous morning and about $19 higher than a year ago. Oil prices move with supply and demand and can change quickly due to events like wars or recession fears.

Smithsonian exec who said DEI 'must be at the center' of institutions is raking in eye-popping salary

Smithsonian exec who said DEI 'must be at the center' of institutions is raking in eye-popping salary

5 Citadel campus recruits on breaking in and getting ahead

5 Citadel campus recruits on breaking in and getting ahead

3 former Tinder interns share how they secured full-time jobs at the company

3 former Tinder interns share how they secured full-time jobs at the company

Tariffs, debt, and a stubborn Fed are squeezing consumers

The Federal Reserve kept interest rates unchanged even though inflation is above its target. Inflation is currently 3.5%, while the Fed aims for 2%. Three regional Fed presidents disagreed and wanted rates to rise. At the same time, tariffs and high debt are putting pressure on U.S. consumers.

US 30-year yield hits 2007 high, stocks attempt post-earnings recovery

US 30-year yield hits 2007 high, stocks attempt post-earnings recovery

This ex-Y Combinator lawyer thinks startups are overpaying for legal work — and he's got a plan

Mitch Duncombe was a lawyer at Y Combinator. He saw startups spending a lot of money on lawyers. He started a new law firm called Vector Legal to help startups save money.

Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory

Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory

America's schools are producing a generation of techno-peasants

In the United States, there is a big problem in jobs. Tech companies are firing many employees. At the same time, other companies say they need more good workers. This means the job market has two different sides to it.

Mamdani's biggest promises are now this millennial's day job

Sam Levine works as a city official in New York. His job is to protect consumers and workers from bad deals. He does not accept that things are always bad with money. For example, he complained when CVS gave him an old coupon. He also complained about high prices at a halal restaurant.

South Africa seeks tariff exemption as US probes forced labor tied to imports

South Africa has asked the United States to exempt it from possible new tariffs. The tariffs are linked to a U.S. investigation into whether imports are made with forced labor. The probe examines many countries, not just South Africa. South Africa says its goods do not involve forced labor and should not be punished.

Africa’s off-grid solar sector courts mainstream investors with landmark financing deals

Two large off-grid solar companies in Africa have closed major financing deals. The deals raise hopes that private investors will fund more solar projects. This could bring electricity to millions of homes without reliable power.

Illinois registra una caída del 16% en la inscripción en SNAP un año después de los cambios al programa

Illinois saw a 16% drop in the number of people receiving SNAP benefits one year after new work rules were added. The changes were part of a federal law passed by Congress last summer. Many families who lost benefits went to local food pantries for help. Officials say the drop shows the impact of stricter eligibility rules.

Wonder why the birthrate is falling? Look how we treat mothers

The Seattle Times says the U.S. birthrate is falling. It argues that many workplaces are designed for workers who have no children or caregiving duties. This makes it hard for mothers to balance job and family responsibilities. As a result, some women decide to have fewer or no children.

Americans are richer than ever. Why are they so angry?

Many Americans have more money now than in the past. Yet surveys show they feel unhappy about the economy. Experts say this gap between wealth and feelings can create a self‑fulfilling prophecy. When people expect bad times, they may spend less, which can slow growth.

UPS CFO on the lessons learned from scaling back Amazon—and why the strategy is paying off

States ranked by how much of their federal income tax is paid by the top 1%

China’s Politburo meets on economy, signals more support

China's Politburo held a mid-year meeting to discuss economic policy. The readout was constructive but did not announce any new specific measures. It removed the phrase 'better than expected' that had described major economic indicators in the April statement. The leadership said it will fully use existing tools and add incremental steps if needed, while stressing new growth engines and an improving economic structure.