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Business News

Location American Business News for 22 August 2025
Bitcoiner loses $91M in social engineering attack: ZachXBT A Bitcoiner fell victim to a social engineering attack after being approached by impostors posing as hardware wallet support, losing 783 BTC worth $91 million.
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Powells Dovish Jackson Hole Shift Sparks Rally Across Markets; BTC Blasts to $116K Federal Reserve Chair Jerome Powell struck one of his most dovish tones in recent memory Friday, calming investors and igniting rallies across stocks and bitcoin, which climbed from the $112,000 range to an intraday high...
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President Donald Trump said Friday he will fire Federal Reserve Governor Lisa Cook if she does not resign from her position.
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British Government to Rescue Another Ailing Steel Maker

The New York Times - 22 Aug 2025 13:57
British Government to Rescue Another Ailing Steel Maker The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic manufacturing.
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As Tesla stock falters, U.S.-listed shares of these two Chinese EV makers are on the rise. Heres why Nio and XPeng, both small in comparison to Elon Musks trillion-dollar juggernaut, have seen their share prices increase by double digits this year. Its no secret that Tesla stock (Nasdaq: TSLA) has had a horrible 2025. A...
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Supreme Court sides with Trumps anti-DEI efforts to cut $783 million in research funding Chief Justice John Roberts and the courts three liberals were against the cuts to NIH funding. The Trump administration can slash hundreds of millions of dollars worth of research funding in its push to cut federal diver...
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Nvidia has a China problem - nobody knows how big it really is Why Nvidia's "China revenue" can't be taken at face
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Macy's is selling a $500 10-piece cookware set for $170 that shoppers call 'gorgeous and strong' "Best pans I have ever used."
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OpenCUAs open source computer-use agents rival proprietary models from OpenAI and Anthropic The open source framework provides the data and training recipe for building powerful computer-use agents that challenge proprietary systems.
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ITR Filing: How is interest earned on a joint account taxed, and how to report it correctly in your Income Tax Return? ITR Filing: Joint bank accounts have a primary account holder, and the second person is called a secondary account holder. They are clearly identified in bank documents.
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Ex-Employee Sentenced to 4 Years for Sabotaging Companys Computer Network The man, a former software developer for Eaton Corporation, wrote malicious code that crashed servers on the companys network in 2019, prosecutors said.
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ETH Treasury Firm Sharplink Announces $1.5B Stock Repurchase Authorization; Stock Surges 15% Sharplink Gaming Inc. announced a stock repurchase program authorizing the buyback of up to $1.5 billion of its common stock. Sharplink Commits to $1.5 Billion Return of Capital via Buybacks The Sharplink Gaming Inc. (Na...
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Ava Max Says Dont Click Play On New Album

Forbes - 22 Aug 2025 23:00
Ava Max Says Dont Click Play On New Album Pop singer Ava Max is back with her new album 'Don't Click Play' after parting ways with her previous producer Cirkut and co-writer Madison Love.
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Tesla board member Kimbal Musk weighs in on his brother's pay package and the idea of Tesla investing in xAI The younger Musk brother said the Tesla CEO "deserves to be paid" and calls Tesla an AI company.
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From gas stations to a controversial logo change: The history of Cracker Barrel in photos The restaurant chain got its start in 1969 as a roadside stop for sit-down meals. It's since expanded to over 400 locations.
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10 Essential Courses for Learning and Development Specialists to Consider Discover the top learning and development specialist courses designed to enhance your skills and advance your career. Explore our comprehensive guide to find the perfect program that suits your professional growth needs....
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Intel begins new chapter as US becomes biggest shareholder The United States has acquired a major stake in the semiconductor company.
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US bill proposes 21st-century privateers to take on cybercrime The proposed bill included a list of targetable offenses, including the theft of cryptocurrencies, ransomware attacks, and pig butchering scams.
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US bill proposes 21st-century privateers to take on cybercrime The proposed bill included a list of targetable offenses, including the theft of cryptocurrencies, ransomware attacks, and pig butchering scams.
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Consulate of India signs lease in downtown Los Angeles The Consulate General of India signed a lease for a full floor of a downtown Los Angeles skyscraper earlier this month.
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What Is the Price Break Even Point and Why It Matters?

Small Business Trends - 22 Aug 2025 22:31
What Is the Price Break Even Point and Why It Matters? Discover how to calculate the price break even point for your business. This comprehensive guide explains the concept, provides formulas, and offers practical examples to help you understand when your revenue equals your...
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The Unsurprising F.B.I. Investigation into John Bolton

The New Yorker - 22 Aug 2025 22:30
From the daily newsletter: the retribution phase of Trumps Presidency has begun.
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