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Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

Stop and Shop supermarket storefront in New Jersey

Stop & Shop to Close Westfield and Basking Ridge as New Jersey Footprint Falls to 45

Stop & Shop confirmed it will close its Westfield and Basking Ridge supermarkets this fall, bringing its New Jersey total to 45 stores. The closures extend the Ahold Delhaize-owned chain's two-year contraction,

August 1, 2026

by Dilnaz Shaikh

A customer reaches for a product in a grocery store as US consumer prices hold elevated at 3.7 percent annually in June 2026

US GDP Falls to 1.5% in Q2 as Gasoline Prices and Trade Deficits Pressure Economy

US gross domestic product grew 1.5 percent in the second quarter of 2026, slowing from 2.1 percent in Q1, as the Iran-driven gasoline surge and swelling trade deficits offset temporary consumer spending fueled by Trump's tax legislation.

August 1, 2026

by Dmitri Agafonov

FIFA President Gianni Infantino with US President Donald Trump at the 2026 World Cup trophy presentation

FIFA Scraps World Cup Stake Sale After COO Tells Staff They Were Deceived

FIFA President Infantino scrapped a $4.2 billion plan to sell a World Cup stake to Joshua

MVM Paks Nuclear Power Plant in Hungary forced to shut down as Danube River water levels hit record lows

Hungary Faces Energy Crisis as Record-Low Danube Forces Paks Nuclear Shutdown

Hungary's Paks nuclear plant shut down for the first time in 42 years Thursday as record-low

Hard Rock Bet online casino and sportsbook launches in Ontario Canada

Hard Rock Bet Goes Live in Ontario in Seminole Tribe’s First Move Beyond US Markets

Hard Rock Bet went live in Ontario on July 22, the first time the Seminole Tribe of Florida has operated gaming outside the US. The platform enters as Ontario's 48th licensed iGaming

July 31, 2026

Business·News

Bank of England building representing central bank interest rate policy affecting consumer confidence in 2026

US Consumer Confidence Slips Again in July as Americans Grow Gloomier on Jobs and Business

The Conference Board's Consumer Confidence Index fell to 90.8 in July, down from 92.2 in June, as Americans grew more pessimistic about current business conditions and the six-month labor market outlook. The

July 31, 2026

Business·Economy·News

CFTC regulatory document on desk representing Binance US prediction markets license application 2026

Binance.US Plans CFTC License Bid to Launch Prediction Markets

Binance.US CEO Steve Gregory said Wednesday the company plans to apply for a CFTC Designated Contract Market license in August, a move that would put the exchange inside the same regulatory framework

July 30, 2026

Business·Crypto·News

Minnesota State Capitol building where federal judge blocked the state's prediction market ban

Federal Judge Blocks Minnesota’s Prediction Market Ban Days Before August 1 Deadline

A federal judge blocked Minnesota's first-in-nation felony ban on prediction market platforms Kalshi and Polymarket four days before August 1 enforcement, finding federal commodities law likely preempts the state statute. The ruling

July 30, 2026

Business·Government and Politics·News

eBay Pays $55.7 Million to Newsletter Couple Its Executives Terrorized With Cockroaches and Death Threats

eBay agreed to pay David and Ina Steiner $55.7 million to settle the civil lawsuit the couple filed after former company executives orchestrated a harassment campaign against them — sending live cockroaches,

July 30, 2026

Business·News

FTC lawsuit against Hims and Hers telehealth company over health data sharing with Meta and Snap

FTC Sues Hims & Hers Over Health Data Sharing With Meta and Snap

The Federal Trade Commission filed suit against Hims & Hers in federal court in California, alleging the telehealth company routed sensitive patient health data through Meta and Snap's advertising systems without informed

July 30, 2026

Business·Health·News

DoorDash Air drone delivery aircraft receiving FAA Part 135 air carrier certification

DoorDash Receives FAA Certification for Its Own Drone Delivery Service

DoorDash received an FAA Part 135 air carrier certification Wednesday and announced DoorDash Air, a drone delivery service built on proprietary aircraft developed inside its internal robotics lab — a bet on

July 30, 2026

Business·News·Technology

Federal Reserve Chair Kevin Warsh speaks at the July 2026 FOMC press conference after the committee voted to hold interest rates steady

Three Fed Officials Put a Rate Hike in Writing. The Majority Held — For Now.

Three Federal Reserve officials formally dissented for a rate hike at Tuesday's FOMC meeting — the first three-vote split in the same direction since 2016. With September hike odds now at 59

July 30, 2026

Business·Economy·News

Deutsche Bank Q2 2026 Investment Bank revenue chart showing record fixed income and currencies revenues

Deutsche Bank Posts Record Q2 Profit as Investment Banking Revival Takes Hold

Deutsche Bank AG reported post-tax profit of 1.9 billion euros for the second quarter of 2026, a 10 percent year-on-year rise driven by record fixed-income revenues and a 36 percent surge in

July 30, 2026

Business·Economy·Markets·News

Mercedes-Benz dealership as bipartisan Senate bill threatens to ban the German automaker from US market over Chinese investor stakes

Mercedes-Benz Vows to Fight US Market Ban as Senate Bill Targets Its Chinese Investors

A bipartisan Senate bill targeting Chinese ownership above 15% threatens to bar Mercedes-Benz from American showrooms, putting billions in revenue and thousands of US manufacturing jobs in jeopardy. The German automaker is

July 30, 2026

Business·Economy·News

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Business- Page 2

Stop & Shop to Close Westfield and Basking Ridge as New Jersey Footprint Falls to 45

US GDP Falls to 1.5% in Q2 as Gasoline Prices and Trade Deficits Pressure Economy

FIFA Scraps World Cup Stake Sale After COO Tells Staff They Were Deceived

Hungary Faces Energy Crisis as Record-Low Danube Forces Paks Nuclear Shutdown

Hard Rock Bet Goes Live in Ontario in Seminole Tribe’s First Move Beyond US Markets

US Consumer Confidence Slips Again in July as Americans Grow Gloomier on Jobs and Business

Binance.US Plans CFTC License Bid to Launch Prediction Markets

Federal Judge Blocks Minnesota’s Prediction Market Ban Days Before August 1 Deadline

eBay Pays $55.7 Million to Newsletter Couple Its Executives Terrorized With Cockroaches and Death Threats

FTC Sues Hims & Hers Over Health Data Sharing With Meta and Snap

DoorDash Receives FAA Certification for Its Own Drone Delivery Service

Three Fed Officials Put a Rate Hike in Writing. The Majority Held — For Now.

Mercedes-Benz Vows to Fight US Market Ban as Senate Bill Targets Its Chinese Investors

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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