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Business News

Location American Business News for 21 August 2025
The US and EU have released details of the new trade deal reducing tariffs between teh two partners.
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The Japanese technology giant cited economic challenges as it raised prices for the consoles by around $50.
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Harvard Economist Got Bitcoin Wrong-Now Traders Eye Cryptos True Drivers Bitcoins explosive ascent defies past predictions as U.S. regulators pivot toward institutional adoption-forcing even a top Harvard economist to completely reassess his early outlook. Harvard Professor Admits Bitcoin Mis...
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DOJ Paves Way for Decentralized Crypto With Major Win for Open Source Devs The DOJ is boosting confidence across the crypto sector by affirming that decentralized software development wont face prosecution absent intent to aid crime or control user funds. DOJ Fuels Crypto Boom With Major Win fo...
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Walmart is selling a 'comfortable' $700 reclining loveseat for only $470 "These fit perfectly in our RV."
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The future of manufacturing depends on empowering workers Expanding human potential with AI is better for operators and for business. There is a very real anxiety around automation, especially in America-where once-thriving communities have been gutted by waves of displacement,...
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Tesla FSD faces more trouble as government opens investigation Tesla's advanced driver assistance system has been the subject of court battles and regulatory investigations.
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Target might be having an identity crisis, but some analysts are still standing by the stock A redoubled focus on style may not be enough in a retail landscape where convenience, selection and speed have rapidly evolved and redefined the competitive landscape, according to one analyst.
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Amazon is selling a 'very soft' $26 washable area rug for $12, and 'the pattern is lovely' "I get so many compliments on how soft it is."
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Heres the $863 billion secret Powell, Trump and Bessent arent telling us about gold and bitcoin The inevitable gold-price reckoning that could fund Trumps bitcoin ambitions - and sting your bank account.
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OpenAI CEO joins chorus of industry experts warning about "AI bubble" The CEOs of leading tech firms are warning about an AI bubble. Investors would be wise to listen.
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Trump appoints Airbnb cofounder Joe Gebbia to new chief design officer role Gebbia, who joined the Trump administration earlier this year, is poised to help lead the next phase of remodeling federal agencies. U.S. President Donald Trump will appoint Airbnb cofounder Joe Gebbia to lead a team cha...
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CoreWeaves stock gets a brief reprieve from the selling as Jane Street announces stake The quantitative-trading firm revealed a 5.4% stake of nearly 20 million shares in CoreWeave.
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How We Tracked Trumps Presidential Profit

The New Yorker - 21 Aug 2025 14:30
The New Yorker staff writer David D. Kirkpatrick tallies up the Trump familys profiteering, including five Persian Gulf mega-projects, a luxury jet from Qatar, a sprawling resort in Hanoi, half a dozen projects peddling ...
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When the C.E.O. Retires but Wont Go Away

The New York Times - 21 Aug 2025 14:21
When the C.E.O. Retires but Wont Go Away Target is the latest company to keep a replaced chief executive around as an executive chairman. Does having two top dogs make sense?
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US Commerce official buys Bitcoin as Trump tariffs shake markets US Secretary of Commerce Howard Lutnick has been scooping up stock in companies that could benefit from tariffs, as well as investing in Bitcoin funds.
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Hyperliquid Now Dominates DeFi Derivatives, Processing $30B a Day A new RedStone report says Hyperliquids on-chain order book, HIP-3 market creation, and dual-chain design have propelled it to over 80% market share.
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Walmart says tariffs are raising costs, but its trying to avoid price increases - for now Were keeping our prices as low as we can for as long as we can, Walmart CEO Doug McMillon said in regard to the impact of tariffs.
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Home Depot and Lowes share bad pricing news

The Street - 21 Aug 2025 00:15
Home Depot and Lowes share bad pricing news Both home improvement companies have been reluctant to admit that some prices have already increased, and others will go up.
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We finance our disadvantages-and call it progress

Fast Company - 21 Aug 2025 00:00
We finance our disadvantages-and call it progress Take actions that benefit you, not institutions. A lot of people are getting fed up with how powerful people and institutions benefit themselves while things get worse by the day for the rest of us. Especially younger ge...
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Companies are using AI to do basic coding tasks instead of hiring junior staff.
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Investing in early-in-career talent is vital to win the AI race Three ways to build AI-first cultures rooted in continuous learning As the AI era accelerates, some leaders have predicted a wipeout for entry-level white-collar jobs. I understand these concerns as unemployment rates ri...
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