Business

Etsy lays off 12% of worker as part of restructuring plan

Dorsey’s Block Boosts Profit Outlook as Revamp Takes Shape

Block Inc. lifted its annual profit guidance on Wednesday after delivering quarterly results that topped expectations due to growth in both its Square and Cash App businesses.

E.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%

E.l.f. Beauty received $50 million in tariff refunds during its fiscal first quarter, leading profits to nearly double.

MercadoLibre Beats Estimates as Quarterly Sales Top $10 Billion

Sales at e-commerce and fintech giant MercadoLibre Inc. beat analysts’ estimates in the second quarter, signaling continued demand in both of its main business lines despite rising competition across Latin America.

Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back down

CAIRO (AP) — Iran said Wednesday it is in the “final stage” of drafting an agreement with Oman over the Strait of Hormuz, and U.S. President Donald Trump has said a deal could be announced this week. That could potentially reopen the…

Duolingo's lower-than-expected revenue forecast overshadows quarterly beat

Duolingo's soft quarterly revenue outlook overshadows stronger user growth forecast

Etsy laying off 12% of staff in bid to streamline business, position for growth

Etsy announced the layoffs along with second-quarter earnings.

Expedia Boosts Its Full-Year Sales Outlook on Strong Bookings

Expedia Group Inc. raised its annual sales forecast, signaling that consumers aren’t being deterred by higher hotel prices and airfare.

Kalshi Not Running 'a Casino' Says Head of Enforcement

Robert DeNault, Kalshi's head of enforcement and legal counsel, responded to a lawsuit brought New York State, saying that he is concerned about overreach coming from Attorney General Letitia James's office. DeNault defended Kalshi's…

Trump administration to impose 15% tariff on polysilicon, sources say

How parents can keep saving for retirement during the expensive childcare years

Young families are striving to do better but struggling with costs of living, including expensive childcare.