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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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Congress May Actually Try to Put a (Temporary) Limit on Trumps Latest Power Grab With the prospect of another government shutdown looming, the Senate Appropriations Committee released the text of a continuing resolution (CR)
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Bank failed to return property papers after home loan closure: How a Delhi couple got ₹15.5 lakh compensation A Delhi couple won ₹15.5 lakh in compensation after Axis Bank lost their original property papers and failed to return them after the closure of their ₹1.41 crore home loan. The Delhi State Consumer Disputes Redressa...
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Mint Explainer| Why the Supreme Court's IBC ruling is a win for homebuyers The Supreme Court said proceedings against promoters and directors of a real estate company can continue if they arise from their own independent legal liability, even though proceedings against the company must remain s...
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Faux Deal Ends Faux Fight Over Blanche Nomination Wet Noodle Award: Cornyn and Tillis Trump is Lucy. GOP senators are the football. D.C. political reporters are Charlie Brown.
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Dior launches a new luxury spa

The Street - 3 Aug 2026 15:33
Dior launches a new luxury spa The grand opening brought the beauty offering created by the French fashion house to one of the most luxurious hotels in Italy.
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What top minds in markets are saying about the US intervention to prop up Japan's currency A rare US intervention in Japan's currency reminded investors of the delicate balance between the dollar and the yen and its importance for markets.
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Interior designers share 5 of the best and 3 of the worst ways to use extra space in your home From styling bookshelves to skipping built-in cabinets, here's what designers have to say about the best and worst ways to use extra space in a home.
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Hashdex to shut smallest Bitcoin ETF after more than two years The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks.
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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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Congress' new bill has some good news for retirees Senior fraud losses hit $7.75 billion in 2025. A new bill lets mutual funds freeze suspicious withdrawals to protect older Americans from financial scams.
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Rebel sports league faces Chapter 11 bankruptcy

The Street - 3 Aug 2026 15:15
Rebel sports league faces Chapter 11 bankruptcy After spending billions to challenge an established rival, the upstart sports league is scrambling for funding as Chapter 11 looms.
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A Color Only Seven People Have Seen

The New Yorker - 3 Aug 2026 15:12
From the daily newsletter: What would it be like to see an entirely new color? A handful of researchers dont have to wonder.
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SpaceXs Stock Lockup Is Expiring. Prepare for a Bumpy Ride.

The New York Times - 3 Aug 2026 15:10
SpaceXs Stock Lockup Is Expiring. Prepare for a Bumpy Ride. On Thursday, employees and other insiders at Elon Musks rocket company will be released from their first stock lockup and can start selling some of their shares.
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