From the BBC World Service: India's Finance Minister has announced massive tax cuts on hundreds of everyday consumer items. The move is aimed at boosting domestic demand amid 50% American tariffs on Indian exports. Then, a group of English-speaking hackers claims to be behind a massive cyberattack that's halted global production lines at Jaguar Land Rover. And Texas has become the latest U.S. state to impose restrictions on some foreign-born people and businesses buying or renting property.

The big budget bill that President Donald Trump signed into law in July allowed tax credits under the Affordable Care Act to expire. That means health insurance costs will increase significantly for millions, disproportionately hitting small business owners and self-employed people. We’ll learn about the impacts. Also this morning: Retailers have already shifted focus from back-to-school shopping to holiday sales. Thing is, the outlook doesn't look too rosy this year.

We're talking about companies here, obviously. A decade after Kraft Heinz became one of the world’s biggest food companies, it’s reversing course and is splitting into two. It’s not the only corporation to go this route recently: There’s Warner Bros Discovery, which is separating into two media companies, and Honeywell, which is separating into three. What's behind all this restructuring? Also on the show: renewed interest in IPOs and promised safety improvements from OpenAI.

From the BBC World Service: A cyberattack has caused major production problems at carmaker Jaguar Land Rover. Both of its main factories in the U.K. have been affected, and it comes at a peak sales period. Plus, long-term government borrowing costs continue to climb globally. Then, police in Singapore have ordered Facebook's parent company, Meta, to take measures to prevent scammers from impersonating government officials. And, a greenhouse gas emissions tax in Denmark will result in big changes to the Danish landscape.

People are increasingly turning to artificial intelligence for therapy — raising concerns among mental health professionals. Illinois legislators have responded by banning therapists from using AI, other than for administrative tasks. Today, we’ll explore the benefits and pitfalls of generative AI tech that’s used for mental health support. But first, we'll read some market tea leaves with Julia Coronado of MacroPolicy Perspectives.

Just before the Labor Day weekend, a federal appeals court struck down many of the Trump administration's tariffs. The decision is on hold until mid-October, giving the White House time to appeal to the Supreme Court. This morning, we'll parse which tariffs are affected and which aren't. Plus, a lack of trade deals is weighing on American farmers, and caps on federal student loan borrowing will go into effect next year.

From the BBC World Service: Nestlé boss Laurent Freixe left after the company said he failed to disclose a romantic relationship with an employee; his departure threatens more volatility for the company, which has struggled with lower consumer demand and disruptive U.S. tariffs. Then, Kim Jong Un is making a rare trip outside of North Korea, arriving in China as Xi Jinping hosts Vladimir Putin and other leaders. Plus, one Swiss town weighs rebuilding post-avalanche.

Car dealerships always feel the fluctuations of inflation, gas prices, and interest rates. Now, tariffs are added to the mix, hitting their bottom lines at a time when consumers are wary about the future of the economy. In an industry that already contends with relatively slim margins, we'll hear how car sellers are faring. But first, we'll delve into the Federal Reserve's dilemma: worry more about the job market or price increases?

Summer travel is usually supposed to be a major time for the tourism industry. But this year, budget-conscious American travelers are adjusting their vacation plans. Consumers are actually taking more trips than initially anticipated, but they're tending to be shorter, less expensive, and later in the summer than usual. Plus, a new justice tech startup is using AI to simplify the criminal record expungement process in Mississippi.

From the BBC World Service: Speaking to world leaders at the Shanghai Cooperation Organization, China’s President Xi Jinping said the country wants to help steady the global economy and has pledged $280 million to support its partners. We learn more. Then, we hear how car dealerships in the U.S. are grappling with new tariff realities. Plus, Norway has agreed to buy five new British warships to boost NATO's presence in the North Atlantic and North Sea.