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Business News

Location American Business News for 31 August 2026
High-End Credit Cardholders Find Its Harder to Get Their Moneys Worth Rising annual fees have intensified the cat-and-mouse game over rewards between card companies and customers.
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A Family Split by Vaccine Skepticism

The New Yorker - 31 Aug 2026 22:30
A Family Split by Vaccine Skepticism From the daily newsletter: how a family disagreement spiralled into a MAHA custody battle.
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G20 Warned Of Growing Threat to Financial Stability Posed By New AI Models The head of the G20s Financial Stability Board wrote that potential disruptions triggered by AI wouldnt stop at national borders and that efforts to ensure the safe release of new models should be a priority.
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Chinas Biggest Airlines Post Over $1 Billion Loss in First Half as Fuel Shock Bites Chinas three largest state-owned airlines posted deeper losses, dragged by weak domestic pricing and high fuel costs spurred by the Middle East conflict.
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UPS Rejiggers Operating Model, Names Chief Global Operations Officer The company shook up its executive roles as part of the new model, naming the head of its U.S. business to lead its global operations, among other appointments.
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Opinion | The Data Center Panic and U.S. Decline

Wall Street Journal - 31 Aug 2026 21:42
Opinion | The Data Center Panic and U.S. Decline Public opposition reflects anxiety more than reality. Trump is finally speaking up.
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U.S. Stocks Down Amid Mideast Flare-Up

Wall Street Journal - 31 Aug 2026 14:00
U.S. Stocks Down Amid Mideast Flare-Up U.S. stocks were lower amid heightened conflict in the Middle East, but markets remained on course to finish the month solidly in the green.
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Ex-Congressman George Santos Receives Kalshis First-Ever Lifetime Ban The decision comes after a federal regulator alleged he made more than $17,000 by placing bets on his attendance at the State of the Union address.
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Global Oil Price Rises to $90 a Barrel After U.S. and Iran Trade Attacks The first attacks in a month jolted energy markets. The average U.S. gasoline price remained 37 percent higher since the war began.
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Oil Gains After First U.S. Strikes in Weeks on Iranian Targets

Wall Street Journal - 31 Aug 2026 12:20
Oil Gains After First U.S. Strikes in Weeks on Iranian Targets Oil futures rose as renewed fighting between the U.S. and Iran revived concerns over crude flows through the Strait of Hormuz.
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Dollar Eases, Trims Post-Warsh Gains

Wall Street Journal - 31 Aug 2026 06:31
U.S. dollar eases, trimming gains it made Friday after Federal Reserve Chairman Kevin Warsh struck a hawkish tone at the Jackson Hole symposium.
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Belgium Seeks Crypto Wallet Data From EU Registrars in Piracy Probe Belgian authorities are intensifying their fight against digital piracy by requiring European domain registrars to hand over sensitive operator data, including cryptocurrency wallet details. Crackdown on Digital Piracy B...
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India hopes to win top global telecom post; Pakistan signals support Revathi Mannepalli, joint wireless adviser at the department of telecommunications, is contesting against two European candidates for the post of director of the Radiocommunication Bureau at ITU.
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Do small caps really deliver higher earnings growth than large caps? Here's what investors need to know Small- and mid-cap stocks have delivered much faster earnings growth than large caps over the long term. But a closer look at margins, recent performance and the impact of a few extreme performers reveals why investors s...
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From borrowing $4,000 to becoming a billionaire: Two investing lessons from Ray Dalio Billionaire Ray Dalio's financial setback in the early 1980s changed his approach to investing. After a major miscalculation left him broke, he learned two key lessons: question your own certainty and embrace diversi...
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New Randy Travis Song I Dont Care Feels Like An All Time Classic New previously unreleased Randy Travis Song I Don't Care part of a batch of new releases.
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Experts share 3 tips for getting lowest mortgage rates possible The average 30-year fixed mortgage rate is in the upper-6% range, with no sign of falling. Read experts' strategies for getting lower mortgage rates.
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Ninth Circuit Ruling Sets Up a Kalshi Supreme Court Fight on Sept. 3 New Jersey has until Thursday to ask the U.S. Supreme Court to review a Third Circuit decision protecting Kalshis sports event contracts from state gambling law. On Friday, a federal appeals court in San Francisco decide...
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Nonbank lender finds niche in airport concession business

American Banker - 31 Aug 2026 23:38
Nonbank lender finds niche in airport concession business Los Angeles-based Lendistry recently received a $100 million credit facility from East West Bank to support loans to airport concession operators.
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Indiana Pacers Currently In Rare Position As Team Salary Sits Over Luxury Tax Line The Indiana Pacers may enter the 2026-27 season sitting over the luxury tax line. That's new for the franchise and worth monitoring.
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Feeling nostalgic for summer? How to beat the back-to-work blues Going back to work after a summer holiday can be tricky - here are a few tips to make it easier.
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Ali Truwits Incredible Journey From Shark Attack To Paralympic Podium After losing part of her leg in a 2023 shark attack, Ali Truwit discovered reserves of strength she didn't know she possessed. One
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