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Business News

Location American Business News for 3 August 2026
CLARITY Act Faces New Senate Threat Over Trump Crypto Gains A new Senate Banking Committee minority staff analysis renews Democratic objections that the CLARITY Act preserves pathways for President Donald Trump to profit from crypto ventures after financial disclosures showed abo...
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The US-Japan yen intervention has traders glued to one trade Tokyo confirmed the operation and warned that the US and Japan could intervene together again if needed.
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Switzerlands Crypto Use Is Double Germanys, Study Finds Switzerland has spent years building the conditions for broader cryptocurrency adoption, and the latest data suggest those efforts are paying off. A Bearingpoint study found that 23% of Swiss adults use cryptocurrency at...
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An AstraZeneca, Bristol Myers Squibb merger could create a cancer-drug giant, but analysts call it odd AstraZeneca shares were slumping while Bristol-Myers Squibbs stock was jumping on Monday on reported deal talks. But the big question is why these two pharmaceutical giants would want to come together in the first place....
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Should wealthier Americans forgo their Social Security benefits as a charitable gesture? A reader writes: I will likely be in a position to decline my benefits.
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The gap between big tech and the rest of the market just vanished. Heres what it means for investors. Goldman Sachs says hot technology stocks have taken a beating - and investors should take a fresh look.
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Boeing stock slips after CEO reveals Air Force One disappointment Boeing posted a wider quarterly loss despite commercial deliveries hitting their highest level since 2018.
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Global oil prices fall below $83 a barrel to hover at 3-week low after Trump calls off planned attack and says Iran talks to resume Monday Oil prices declined sharply on Monday as hopes rose among investors of a potential de-escalation in the war between the U.S. and Iran.
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JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end JPMorgans U.S. economics team says last weeks post-decision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012 as the U.S. banking giant moved forward their call for a rate ...
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HDFC Bank, ICICI Bank hike FCNR rates - Check here for how much interest depositors now get India's largest private sector lenders HDFC Bank and ICICI Bank have both hiked their FCNR (Bank) interest rates this month. Check here for how much fixed deposit interest NRI depositors now get
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New pools of capital emerge for India's net-zero push as investors widen climate bets India's transition towards its 2070 net-zero target is expected to require significant investments across renewable energy, transmission networks, storage, electric mobility and other low-carbon infrastructure. ...
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U.S.-Japan intervention revives yen carry trade fears for bitcoin Coordinated action sent the yen sharply higher, but bitcoins recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger risk.
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Im easing into retirement: Im getting an $80,000 pension payout. Where can I invest it safely? I expect to have several years before I take distributions from my 401(k) account.
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Circle slides after Morgan Stanley downgrade, cut in price target The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.
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Passive funds go niche: should you bet on sectoral or thematic funds? Passive investing has moved beyond broad-market indices. As sectoral and thematic index funds multiply, experts explain the opportunities, risks and who should actually invest. 
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Why aligning incentives a better alternative to capping insurance commissions India scrapped insurance commission caps in 2023, but calls to revive them are growing. Evidence suggests transparency, staggered payouts and disclosure-not caps-are more effective at curbing mis-selling.
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Bernstein sees another leg lower for crypto markets if Clarity Act stalls The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.
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Mark Zuckerberg and Priscilla Chans school is the latest billionaire education experiment to collapse The Primary School closed after nearly a decade, following disappointing outcomes and a shift in the Chan Zuckerberg Initiatives philanthropic priorities. The Primary School, an educational facility started by Meta found...
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Baked products sold at Kroger, Food Lion, Publix, and elsewhere are being recalled over fears of aluminum slivers A Virginia-based food manufacturer that makes prepared comfort food and bakery items said a piece of metal was found in one of the products. Ukrop Homestyle Foods, a Virginia-based food manufacturer that makes prepared c...
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JPMorgan Chase pours in $750 billion for affordable housing The investment is expected to bring a 40% increase to Chase Home Lending's mortgage capacity, with the addition of 850 new advisors, the company said.
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Bithumb Locks In 2028 IPO as Crypto Listing Race Heats Up South Korean cryptocurrency exchange Bithumb has put dates behind its long-discussed public listing, outlining a three-stage plan that targets an initial public offering in 2028. Rather than promising a quick path to mar...
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PM VBRY: Link Aadhaar with bank account in 8 simple steps to enable Direct Benefit Transfer PM VBRY beneficiaries can enable Direct Benefit Transfer by linking their Aadhaar with a bank account through NPCI. This guide explains the eight key steps, offline Aadhaar seeding, and how completing the process helps e...
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