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Business News

Location American Business News for 22 May 2025
Bitcoin Price Charges Into New Territory, Fueled by ETF Frenzy and Soft Inflation On Wednesday, the leading crypto asset bitcoin, vaulted over another price barrier, reaching $110,730 per coin. Bitcoin Rockets to $110,730 -- Is the Next Stop a Moonshot? Throughout the day, bitcoin tapped fresh highs m...
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Sales at Urban Outfitters' namesake stores make a rare gain, shrugging off tariff impact for now Clothing retailer says it could 'gently and sparingly' raise some prices
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Nike Will Raise Prices On Some Apparel Items By June 1 Consumers will experience the price hike next month while Nike retail partners are expected to see them by July.
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Disney places Venezuelan employees on unpaid leave amid Supreme Court's protected-status ruling The Walt Disney Company has put dozens of Florida-based Venezuelan employees on unpaid leave as they face the possibility of losing Temporary Protected Status as soon as next month, according to reports.
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OnlyFans' billionaire owner quietly looking to cash out -- but booming smut site is struggling to find buyer: sources "You're looking to find billionaires and trying to sell it as not an adult content company but just a platform like X that allows adult content," a source told The Post.
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Winners of an 'Exclusive Invitation' to Dine With Trump Will Gather Tonight The sale of access to the president to investors in his memecoin has been assailed by Democrats and even some Republicans as unethical.
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Microsoft bars employees from using words 'Palestine,' 'Gaza' and 'genocide' in internal emails: report Microsoft has been roiled in recent months by demonstrations staged by a group of employees sympathetic to the Palestinians.
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Billionaire investor Julia Koch eyes stake in NY Giants: report Julia Koch and her family, who boast a $74.2 billion net worth per Forbes, are looking into investments in teams in the New York market, according to a report.
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Disney CEO Bob Iger, ABC News boss told 'The View' hosts to tone down anti-Trump criticism: report Move has sparked tension behind the scenes at the show, whose outspoken panel has become known for tackling political issues head-on, it was reported.
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China's BYD Outsells Tesla in Europe for First Time

The New York Times - 22 May 2025 15:18
China's BYD Outsells Tesla in Europe for First Time Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a "watershed moment" for the continent's auto market.
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Jobless claims point to steady job growth in May

Market Watch - 22 May 2025 14:59
Jobless claims point to steady job growth in May The big question in the coming months is whether payroll reductions accelerate as tariffs hit the economy.
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Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit The United Kingdom’s Court of Appeal partially dismissed a lawsuit brought by Bitcoin SV investors against major crypto exchanges, including Binance, for allegedly conspiring to delist the token in 2019. In a judgment ...
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The House Passed Trump's Megabill. Bond Investors Are Worried. Republicans brought the president's tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs.
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Steve Madden says Trump tariffs are 'destroying' the economy that brands like his created In a recent podcast, the founder of the Steve Madden shoe brand also criticized arguments that the U.S. has been losing jobs to China
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NYC business power broker Kathryn Wylde announces retirement: 'I will be writing op-eds that drive everybody crazy' Wylde has been the CEO of the non-profit organization Partnership for New York, a pro-business lobby group, since 2011 and has been a vocal advocate for cutting red tape to encourage investment in the Big Apple.
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What to Make of Biden's Prostate-Cancer Diagnosis

The New Yorker - 22 May 2025 23:42
Plus: Trump's Surgeon General nominee and MAHA; and what Israeli officials are privately saying about starvation in Gaza.
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Government scientists predict an above average hurricane season with 3-5 major hurricanes.
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US tourist drugged by fake Uber driver and robbed of $123K BTC -- Report An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist's $123,000 in Bitcoin stored on a cell phone. According to a report from My London, Jacob I...
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Why this stock-market strategist expects no recession and zero rate cuts in 2025 Keith McCullough: "The two primary factors that lead me to make decisions in the U.S. bond market and for U.S. currency are both going up."
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Bond Yields Continue to Soar as Markets Eye Trouble, Bitcoin and Gold Shine Markets are flashing warning signs as long-term U.S. Treasury yields spike, bond auctions falter, and prediction markets show rising odds of economic trouble ahead. Treasury Market Signals Mounting Fiscal Anxiety The 30-...
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NYT 'Strands' Today: Hints, Spangram And Answers For Friday, May 23rd Looking for help with today's NYT Strands puzzle? Here's an extra hint to help you uncover the right words, as well as all of today's answers and Spangram.
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The humble home in Illinois was thrust into the spotlight when Pope Leo XIV became the leader of the Catholic Church earlier this month.
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