Finance & Business News

Fashion startup founder charged with $300M fraud freed on $1M bail - AP News

The former chief executive of clothing technology companies was released on $1 million bail after pleading not guilty to charges alleging that she bilked investors of over $300 million since early 2019. Christine Hunsicker was charged with six counts, includi…

Sarepta Says Another Patient Died After Receiving Gene Therapy - Bloomberg.com

Sarepta Therapeutics Inc. has refused to pause all shipments of its Elevidys treatment after three deaths were linked to the company’s gene therapies, the Food and Drug Administration said Friday.

Climate catastrophes are creating a ‘new market reality’ for insurance carriers - CNN

Raging wildfires and severe storms contributed to record-high global insurance losses — totaling an estimated $84 billion — for the first six months of the year, according to a report from reinsurance broker Gallagher Re.

Amazon warns 200 million Prime customers of recent login info scam - AL.com

Here's what you need to know.

Square Parent Block Jumps On S&P 500 News; Robinhood Snubbed Yet Again - Investor's Business Daily

The Square parent will join the benchmark index before Wednesday's open.

New U.S. Postal Service head says he doesn't believe in privatizing the mail agency - NPR

Postmaster General David Steiner told USPS workers he doesn't believe in privatizing the agency. President Trump has expressed support for such a move, which would likely hurt services in rural areas.

Union Pacific Considering a Norfolk Southern Buyout, Report Says. Here’s What Will Matter. - Barron's

I sent ChatGPT Agent out to shop for me and it couldn’t finish the job - The Verge

We tested OpenAI’s ChatGPT Agent, currently only available via its $200-per-month Pro subscription.

Buc-ee’s begins hiring managers for Huber Heights location - Dayton Daily News

Buc-ee's hiring managers for its Huber Heights store, which is under construction and will be open by spring 2026.

International inbound travel to U.S. shows mixed recovery - CNBC

Canadian travel dropped sharply in the first half of 2025, according to numbers by U.S. Travel Association.

American Express just offered a rare peek inside the spending habits of wealthy Americans—all the way down to Gen Z - Fortune

The company reported record quarterly revenue of $17.9 billion, with millennial spending up 10% and Gen Z spend an astonishing 40%.

Coca-Cola may swap out high-fructose corn syrup with cane sugar, Trump says. Is that healthier? - CNN

President Trump says Coca-Cola will swap out high-fructose corn syrup with cane sugar. Here’s what research says about its health risks compared with sugar.

Stock Market News Today: Dow, S&P 500 Slip; Consumer Sentiment Brightens — Live Updates - The Wall Street Journal

Global crypto assets hit $4tn as industry wins backing of US lawmakers - Financial Times

Investors bet passing of Genius Act and other legislation will send billions of Wall Street dollars into digital assets

Wells Fargo employee barred from leaving China, prompting travel freeze - San Francisco Chronicle

Wells Fargo has suspended all employee travel to China after a senior banker, Chenyue Mao, was barred from leaving the country.

Netflix Is Doubling Down on Ads and Dabbling in AI - Gizmodo

The streaming giant says ]The Eternaut] is its first show to use AI for visual effects.

Trump appointees pushed more marble in Federal Reserve building renovation White House now attacks - PBS

The Fed's architects said the central bank had wanted glass walls to reflect the Fed as a transparent institution, but three Trump appointees to a local commission felt marble best fit the building's historic character.

Ranked: U.S. States Gaining the Most Jobs from Reshoring - Visual Capitalist