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Business News

Location American Business News for 16 July 2026
Emirates NBD Launches Real-Time USD Blockchain Payments, Cutting Cross-Border Delays Emirates NBD has gone live on the blockchain-based Partior network, becoming the first financial institution in the region to offer blockchain-enabled cross-border U.S. dollar payments. Instant Settlement via JPMorgan Du...
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Jamie Dimon says broad access to Mythos would be like giving 'ballistic missiles to individuals' The JPMorgan Chase CEO said access to Mythos was a "real issue," one that the US government was scrutinizing.
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Trump Administration to Impose New Tariffs on Brazil

The New York Times - 16 Jul 2026 04:43
Trump Administration to Impose New Tariffs on Brazil The United States accused the country of unfair trade practices. The tariff will replace ones that the Supreme Court struck down.
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SK Hynix makes jaw-dropping gains in wild Nasdaq trading debut SK Hynix just had the wildest debut week on Wall Street. The stock's price and the company's business aren't telling the same story.
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Blackrock CEO Larry Fink Very Bullish on Markets as Bitcoin Stabilizes Blackrock CEO Larry Fink said he is bullish on markets, citing early gains from technology-driven margin expansion. He also said the washout of excessive leverage has left bitcoin and the broader cryptocurrency market mo...
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It's part of a wider crackdown from the consumer regulator into potentially unfair practices by private parking operators.
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AI is killing the cover letter - but heres when it still pays to send one For really everyone other than AI providers, the process is broken.
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GE boosts profit outlook, but stock falls as booming order growth cools GE Aerospaces stock falls after earnings, again, with recently rapid order-book growth slowing.
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Who qualifies for the bigger IRS tax break on gas - and how to get the most of it Gas prices could return to $4 soon, and the IRS is going to let some drivers write off more of their fuel expenses.
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He backed Tesla and SpaceX before anyone else - here is the impossible bet he is making now Veteran venture capitalist Tim Draper weighs in on the AI bubble and four huge opportunities he missed.
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Oil is facing a supply crunch - and the war in Iran isnt the only problem Constraints on Russias refining system have added to the existing crisis, strategists at J.P. Morgan said.
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Two Groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000 Bitcoin surges toward $65,000 on softer-than-expected inflation data, but on-chain signals show two key investor groups selling into the bounce.
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Can California Actually Make Billionaires Pay?

The New Yorker - 16 Jul 2026 03:59
The architect behind a new initiative saw no path to passing a wealth tax through the legislature. Instead, hes taking it to California voters, sparking an expensive political fight.
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Meghan Markle chose to support Prince Harry from the sidelines during their UK visit, countering claims of her influencing his royal family relations. Her absence sparked discussions on public reception fears.
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Pakistans Crypto Regulator Fights to Save Asset-Backed Tokens from a Total Ban Pakistani regulator is pushing for a nuanced religious stance on digital currencies after an influential seminarys ruling threatened to stall the countrys ambitious digital asset plans. Internal Debates Over Shariah Comp...
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Bigger 2027 COLA may not help retirees as expected The 2027 Social Security COLA could reach 3.8%, but rising Medicare Part B premiums may quietly eat into the raise. Here's what retirees should watch.
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SpaceX aborts first Starship launch since its massive IPO

Business Insider - 16 Jul 2026 23:46
SpaceX aborts first Starship launch since its massive IPO SpaceX backed away from the second launch attempt of its upgraded Starship after an engine issue triggered an automatic abort right before liftoff.
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Palo Alto Networks stock has been on a tear - and it could go even higher, according to these bulls The companys shares have roughly doubled over the past three months, as investors have warmed to the idea that AI is increasing the need for cybersecurity products.
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As SpaceXs stock notches first close below IPO price, the company is gearing up for a crucial launch The megarockets success is SpaceXs single most important watch item, one analyst says.
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Cathie Wood buys $36.1 million of tumbling tech stock Cathie Woods Ark Investment Management makes aggressive SpaceX buy.
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Amazons top-rated bed sheets that are as 'soft as a cloud' are only $13 for a limited time The Utopia Bedding Queen Bed Sheet Set is a bestseller and only $13. It comes with one fitted sheet, one flat sheet, and two pillowcases.
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Chicago's air quality has turned hazardous as wildfire smoke blankets the city, leaving road flaggers, delivery drivers and other outdoor workers breathing the risk.
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