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Business News

Location American Business News for 4 August 2026
How the Mohegan Tribe Lost a Billion-Dollar Casino in South Korea Inspire Entertainment Resort - an alternative to Macau, the worlds gambling capital - was supposed to be a transformational project for the Native American tribe.
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Sailors Working in Strait of Hormuz Are Caught in Crossfire of Iran War Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.
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A Currency Trader at Heart, Bessent Bets on Japans Yen

The New York Times - 4 Aug 2026 04:00
A Currency Trader at Heart, Bessent Bets on Japans Yen Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
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AI data center buildout faces its toughest challenge yet Anti-data center activists have won more than a few battles as more municipalities ban construction.
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BlackRock names retirement safety net to beat outliving fear A BlackRock survey of 1,000+ annuity holders finds 97% say guaranteed income eases their fear of outliving savings, as annuity sales hit a fourth record year.
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SpaceX earnings: Hotly anticipated first report comes as the stock tumbles 15% since IPO SpaceX will deliver its first earnings report since the IPO, with the stock down 15% and a lockup period expiring on August 6.
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Deutsche Bank sees jarring signs in Roblox as stock crashes Roblox stock fell 27%, its worst day ever, after forecasting its first bookings decline. Deutsche Bank cut the stock. Here is what went wrong.
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Stocks Open at Record High as Oil Falls on Hopes of Iran Deal The price of Brent crude oil fell sharply
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U.S. Trade Deficit Dips in June as Imports Fall Back

The New York Times - 4 Aug 2026 13:26
U.S. Trade Deficit Dips in June as Imports Fall Back Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
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US Interest in Bitcoin Sinks to Near 5-Year Low

Bitcoin.com - 4 Aug 2026 04:10
US Interest in Bitcoin Sinks to Near 5-Year Low According to Google Trends, searches for bitcoin have fallen to a near-historic low, even as one of the industrys key regulatory pieces, the Clarity Act, is expected to be voted on in the U.S. Senate this week. Interest ...
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The next step in AI cost saving: treating frontier models like expensive consultants Letting frontier models do the complex thinking and planning, and none of the execution, is the key to saving on your AI budgets.
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Casino Lobby Fueled NY Lawsuit Against Kalshi, CEO Mansour Claims Tarek Mansour, CEO of Kalshi, stressed that the legal actions the state of New York has taken against his platform are being pushed by the gambling industry lobby. Mansour stressed that if New York takes Kalshi down, the...
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The duties were imposed over claims that 60 US trading partners have failed to tackle forced labour.
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SpaceX beats Wall Street expectations in first earnings release SpaceX announced its first earnings since its June IPO, cutting its losses and growing its revenue more than expected.
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Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debutFor the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporations fin...
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FICO says high rates still holding back mortgage volume Despite the slowdown, the credit-score giant's latest guidance reflects optimism.
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Macy's is selling a reversible floral-print comforter set for just $35 The Macy's Wysteria Floral 8-Piece Comforter Set, which includes a reversible floral comforter, is 65% off at Macy's.
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Cloudflare Unveils AI Wallets Built to Spend Without Humans Cloudflare is rolling out a new payment system built specifically for AI agents, giving them the ability to sign up for and pay for online services without a human clicking a single button. The company announced Cloudfla...
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These are the AI world's biggest questions as the White House hashes out a framework with OpenAI, Google, and Anthropic OpenAI, Anthropic, and Google met in D.C. to review Trump's AI oversight framework amid cybersecurity concerns and regulatory questions.
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Tech is being used to watch for wildfires but firefighters are still needed to put them out.
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Tech is being used to watch for wildfires but firefighters are still needed to put them out.
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Tech is being used to watch for wildfires but firefighters are still needed to put them out.
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