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Jill Biden speaks after Afghanistan attack

First lady Jill Biden released her first statement on the U.S. withdrawing from Afghanistan and Thursday's attack in Kabul Friday afternoon.

Why it matters: In her role as first lady, Biden has prioritized military-focused initiatives. She said the attack in Kabul, which killed at least 13 U.S. troops, "left us with the stinging reality of the ultimate sacrifice you are willing to make."


  • "Afghanistan has been woven through your life ... You watched loved ones board a plane to Kabul or Kandahar, and wondered if you’d ever see them again. Too many of you lost a piece of your heart forever there. This mission is personal to you, and you have shouldered its enormous weight," she said.
  • "We’ve seen service members sharing water and food with Afghan children waiting at the Kabul airport. We’ve seen military families welcoming Afghan refugees home to the United States with donations and friendship."
"As our mission in Afghanistan comes to an end, you may be experiencing many emotions. Know that my heart is with you as you navigate what comes next for your family, your community, and our nation. You are not alone."

The big picture: Biden, whose stepsons served in the U.S. military, has long supported military initiatives, dating back to her days as second lady.

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Department stores race to attract younger shoppers

Companies see Gen Z as the next big cash cow. Struggling department stores are now getting into the race to court them.

What’s new: Nordstrom said Monday it notched a deal with ASOS — the online, budget-friendly fashion house that's laser-focused on young shoppers and boasts millions of active customers.

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Netflix shocks Wall Street with earnings miss, weak 3rd quarter guidance

Netflix's stock was down more than 12% in after-hours trading on Thursday after the entertainment giant said it missed analyst expectations on earnings-per-share and added fewer subscribers than expected during the second quarter.

Why it matters: Netflix was supposed to be a safe bet for investors this quarter. Third-party measurement companies like Nielsen and Parrot Analytics suggested throughout the quarter that the entertainment giant was pulling ahead of competitors in the U.S. in terms of consumer engagement during the pandemic.

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