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Business News

Location American Business News for 23 September 2025
Ray Dalio sends Wall Street a crucial $37.5 trillion message Washington debates revenue and spending, while markets do the math.
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BlackRock raking in $260M in annual revenue from Bitcoin, Ether ETFs BlackRocks Bitcoin and Ether ETFs are generating over a quarter of a billion dollars for the worlds largest asset manager as the next potential adoption benchmark for TradFi.
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U.S. economy still struggling to adjust to tariffs, S&P finds, and theres one big danger sign The worst damage to the U.S. economy from the trade wars might be over, but businesses are still adjusting to higher tariff-related costs and a slowdown in customer demand thats causing them to cut back on hiring.
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Amazon to close its UK grocery stores

BBC - 23 Sep 2025 13:48
The online retail giant says it would convert five of the 19 shops into Whole Foods stores.
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Nvidias OpenAI deal adds to a brewing concern. But will that actually hurt the stock? An analyst notes some investors are increasingly worried that Nvidia is investing in companies that then purchase its chips. But he also notes the demand landscape looks strong for now.
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Oracle's Larry Ellison is worth more than Bank of America after doubling his wealth this year to nearly $400 billion Oracle cofounder Larry Ellison has grown almost $200 billion richer this year, and is now worth more than one of the world's biggest banks.
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A campaign group hopes to persuade politicians this autumn to hike taxes on the very wealthy.
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Federal Reserve official pushes big interest-rate cuts The FOMC member riffs on tariffs, regulations and the Trump party line.
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US Lawmakers Press SEC to Implement Trumps 401(k) Crypto Directive Wall Street is poised for a seismic shift as Republican lawmakers rally behind a bold push to unlock 401(k) access to alternative assets, signaling game-changing potential for retirement savers across the country. US Law...
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Ripple Connects Blackrocks BUIDL to RLUSD as Institutional Tokenization Accelerates Ripples enterprise stablecoin RLUSD takes a major leap into institutional finance with 247 access to tokenized Blackrock and Vaneck assets, boosting liquidity and DeFi exposure. Ripple RLUSD Gains Direct Access to Blackr...
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Indiana Pacers Plan To Sign Guard Monte Morris To One-Year Contract The Indiana Pacers need some depth at point guard, so they plan to sign veteran Monte Morris to a one-year agreement.
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Amazon is selling $70 down pillows for $42 that are 'incredibly soft, fluffy, and supportive' "It feels like something youd find at a five-star resort."
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Meta just missed a senator's deadline for submitting records about its AI chatbot policies for kids Sen. Josh Hawley's office says Meta hasn't complied with its request to hand over records on how its AI chatbot interacted with children.
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JPMorgan economists predict the H-1B visa's new $100,000 fee could cut 5,500 work authorizations per month A JPMorgan report warns that Trump's H-1B visa change will dramatically reduce work authorizations, impacting US companies and foreign workers alike.
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CZ Slams FT Report as False, Says YZi Labs Not Seeking Outside Investors Changpeng Zhao (CZ) has strongly denied a Financial Times report claiming that YZi Labs might open its $10 billion portfolio to external investors. CZ Rebuts Financial Times Report on YZi Labs Binance co-founder and form...
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McDonald's just launched an airplane-themed dessert The fast-food chain is looking to the skies for its latest McFlurry flavor.
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Gold just did something that it hasn't done since 1980 The precious metal continues to shine on the global stage
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The regulator's plans could be in place by the end of January, but it warns total bills won't fall.
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Why the rally in stocks may only pause into year-end despite a stretched market The bull market in U.S. stocks might not see much more than a pause for the rest of this year, despite the S&P 500s lofty valuation, according to Morgan Stanleys Andrew Slimmon.
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5 Essential Strategies for Effective Corporate Training and Development Discover effective strategies for enhancing employee skills through corporate training and development. Explore the importance of tailored programs, innovative techniques, and measurable outcomes that drive business succ...
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Disney curiously hikes streaming prices before the dust has even settled Still reeling from boycott efforts in the wake of ABCs Jimmy Kimmel controversy, the entertainment giant is asking for a little more money. The Walt Disney Co. continues to find itself in a crossfire, with Republicans ta...
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Sam Altman wants to build 'the coolest and most important infrastructure project ever' Sam Altman shared his goal of building 1 GW of AI infrastructure per week, addressing what experts say could be a major bottleneck for scaling AI.
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