Tariffs in limbo as mixed messages meet wary markets

An off-duty NYPD officer, 36-year-old Didarul Islam, was fatally shot in Manhattan by 27-year-old Shane Tamura, who had a history of mental health issues, during a shooting that left four dead. President Trump and local leaders, including Mayor Eric Adams and Governor Kathy Hochul, expressed condolences and called for action on gun control, with Hochul advocating for a national assault weapons ban. Want More Context? 🔎

UnitedHealth's Earnings Report UnitedHealth reported disappointing second-quarter earnings with a profit drop of 19% due to soaring medical costs, prompting a conservative forecast of at least $16 per share for 2025, down from an initial expectation of $30. The company, now led by Chairman Stephen Hemsley after CEO Andrew Witty's abrupt departure, anticipates a return to earnings growth by 2026. Want More Context? 🔎

Stellantis announced that President Trump's tariffs will cost the automaker approximately €1.5 billion ($1.7 billion) in 2025, primarily affecting earnings in the second half of the year. While the company is engaging with policymakers regarding the tariffs, its operations in North America are particularly impacted, similar to other manufacturers like GM and Volkswagen, which are also facing significant tariff-related losses. Want More Context? 🔎

A powerful series of storms has swept through the Midwest, causing significant damage, including downed trees and power lines, leaving over 170,000 customers without electricity across several states. Wind gusts exceeding 90 mph have been reported, with continued severe thunderstorms expected to bring damaging winds and flash flooding as they move eastward through the region. Want More Context? 🔎

A gunman opened fire in Midtown Manhattan on Monday, resulting in four fatalities and causing panic as office workers evacuated buildings, some with hands raised. Witnesses described the chaotic scene, with individuals seeking shelter and police responding quickly, while the incident unfolded within the 44-storey building at 345 Park Ave, home to notable companies like the NFL and Blackstone. Want More Context? 🔎

Four people were killed in a shooting in Midtown Manhattan, New York City, when a lone gunman entered a high-rise building around 6:30 PM ET on Monday. Among the deceased is NYPD officer Didarul Islam, who was on security duty at the time; the identities of the other three victims have not yet been released. Want More Context? 🔎