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Business News

Location American Business News for 27 July 2026
Sam Altman said AI hasn't led to 4-hour workweeks because people are competitive The OpenAI CEO said that as people become more productive, they will also become more competitive and want to work more.
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Bitcoin is back above $65,000 as U.S. and Iran hold fire. Oil drops 5% ETH outperforms BTC, hinting at potential altcoin rally, as the U.S. and Iran hold fire and oil drops.
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Iran War Forces Energy Buyers to Unshackle From Global Markets Developing Asian nations, scarred by Middle East supply shocks, are working to scale back their reliance on imported fuels, including liquefied natural gas.
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Oil Prices Sink After U.S. and Iran Pause Fighting a Second Day No strikes have been reported from either side since Friday, leaving oil investors optimistic about a resolution to the conflict.
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Michael Burry increases his bet against popular chip giant The famed investor is growing his bearish position as the semiconductor company rides strong demand amid the AI boom.
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The Feds New Chairman Faces His Biggest Test Yet

The New York Times - 27 Jul 2026 13:13
The Feds New Chairman Faces His Biggest Test Yet Kevin M. Warsh, who has said the Federal Reserve has no tolerance for elevated inflation, must decide whether he wants to push for an interest-rate increase at this weeks policy meeting.
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Costco, Target share strategy to open more stores

The Street - 27 Jul 2026 06:03
Costco, Target share strategy to open more stores Although the two companies have very different business models, they face a similar core challenge.
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China's hottest AI chip stock became its most valuable listed company on day one Chinese memory-chip maker CXMT became the mainland's most valuable listed company, overtaking ICBC after its blockbuster IPO.
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The announcement comes as the fast fashion giant prepares for its stock market debut in Hong Kong.
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CLARITY Act Passage Odds Cut to 30% as Senate Vote Faces Challenges Galaxy Research lowered its estimate for the CLARITY Act becoming law in 2026 to 30% after lawmakers released final text of the crypto market structure bill, with unresolved disputes threatening the bipartisan support ne...
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The best dog collars

Business Insider - 27 Jul 2026 23:56
The best dog collars We tested 19 dog collars for durability, comfort, and safety. Here are the best collars for every dog, including leather, reflective, and LED options.
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The best exercise dresses tested for tennis, travel, and more I'm a fitness gear expert who spent two summers testing 28 exercise dresses. These felt stylish, comfortable to sweat in, and solved fit frustrations.
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U.S. Senate puts off crypto Clarity Act for now as it focuses limited bandwidth elsewhere The majority leader is pursuing floor time for unrelated bills as the crypto industry waits for its policy effort to get its chance for votes.
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Billionaire Byron Allen bought a majority stake in BuzzFeed earlier this year. The media company, known for its eccentric videos and quizzes, is laying off 180 employees across all of its brands.
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Taco Bell is making the Mexican Pizza $1 for a day. I tried the fan-favorite item, and it's worth the hype. Taco Bell is selling Mexican Pizzas for $1 on Tuesday, July 28. The menu item, beloved by fans including Dolly Parton, typically costs more than $6.
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Subaru is making a bet most rivals just abandoned

The Street - 27 Jul 2026 23:33
Subaru is making a bet most rivals just abandoned The brand in your neighbor's driveway is spending on the thing Detroit spent last year unwinding.
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Kraken Parent Payward Acquires Magic Wallet, Adding Technology Behind 60M Wallets Payward has agreed to acquire Magic Labs wallet-as-a-service business, adding embedded, non-custodial wallets to the infrastructure platform behind Kraken. The deal brings technology used to create more than 60 million w...
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Walmart is selling a sturdy patio glider swing for 48% off The Gymax Outdoor Patio Swing Glider is now under $150 at Walmart, and it's the perfect outdoor rocking loveseat to add to your patio.
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Kalshi, Polymarket win pause against Minnesota's prediction market ban A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act.
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Black Girl Vitamins Debuts 'The Visit,' A Short Film Exploring How Black Women Go Unheard In Healthcare During Black Maternal Mental Health Week, Black Girl Vitamins, a Chicago-based wellness brand, released a film that examines how systemic failures in healthcare drive inequities in maternal health and beyond.
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SEBI proposes MF-only PMS with ₹25 lakh entry: Expert explains how it differs from traditional PMS The proposed MF-only PMS framework is positioned as a bridge between self-managed mutual fund investing and traditional PMS, allowing investors to access professional portfolio management at a lower entry threshold of �...
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Warner Bros. sues Amazon over an exec who left 16 months early WBD claims Amazon poached top marketing executive Pia Barlow despite her multi-year contract. Read why this lawsuit could reshape Hollywood's executive hiring.
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