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Business News

Location American Business News for 2 September 2026
US Operation Economic Outcast Targets Global Financial Lifelines Operation Economic Outcast is preparing to expand its banking offensive, with Treasury Secretary Scott Bessent saying the U.S. plans to sanction another bank. The planned action follows FinCENs proposal targeting Banque ...
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Trump Wants Big Oil to Build More Refineries. Thats a Tough Sell. Owning an oil refinery is a profitable proposition in the U.S. Building a new one? Not so much.
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Volkswagen Fights Chinese Competition-and Its Own Board-in Battle to Survive Chief Executive Oliver Blumes plan to make the company smaller and less German has sparked union and political outcry.
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A Chinese Humanoid-Robot Makers Shanghai IPO Surged About 500% After a New Superman Demo Unitrees shares jumped about 500% in their Shanghai Stock Exchange debut after the Hangzhou humanoid-robot maker showcased its new Superman model. The stock opened up as much as 629% and traded around 883.87 yuan, up fro...
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Japan Vows to Keep Eye on Yen as Inflation Fears Rise

Wall Street Journal - 2 Sep 2026 01:25
Japan Vows to Keep Eye on Yen as Inflation Fears Rise A weak yen threatens to accelerate Japans inflation, given the countrys heavy reliance on imports of energy and food.
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UK long-term borrowing costs highest since 1998 ahead of October Budget Higher borrowing costs have piled fresh pressure on Andy Burnham ahead of his first Budget.
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Southwest Airlines Jumps Into the Airport Lounge Competition

Wall Street Journal - 2 Sep 2026 14:00
Southwest Airlines Jumps Into the Airport Lounge Competition Four initial lounges are being built as the airline hopes to lure fliers to a new high-end credit card it plans to launch next year.
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Jim Cramer has a strong message for Nvidia stock investors Jim Cramer says Nvidia should announce a $500 billion buyback and buy back a tenth of the company as its stock trails despite record earnings growth.
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Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch BTC trades choppy as $90 oil and rising bond yields weigh on stocks and gold.
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At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap Exports Treasury Secretary Scott Bessent accused China for flooding the world with its cheap exports.
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Singapore Dollar Consolidates as U.S.-Iran Conflict Weighs

Wall Street Journal - 2 Sep 2026 03:27
The Singapore dollar consolidated against its U.S. counterpart, but may be weighed by renewed U.S.-Iran tensions.
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REI's quarter-zip pullover is only $41 during its Labor Day sale The REI Co-op Active Pursuits Long-Sleeve Quarter-Zip Pullover is 25% off at REI. It's a lightweight layer with sun protection that's great for hikes and runs.
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Sheins Lackluster Debut Shows a Fast-Fashion Model Left Behind Squeezed by new trade rules, shrinking market share and labor concerns, Sheins share decline in Hong Kong on Tuesday is a sign investors have moved on.
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Fake 10 Downing Street listing exposes 'unfit' Booking.com, says consumer group Booking.com said the "limited test" was "not a true reflection of the experience of millions of listings or reviews".
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Gold Falls, Weighed by Mideast Conflict, Stronger Dollar

Wall Street Journal - 2 Sep 2026 01:19
Gold fell in the early Asian trade. Sentiment was likely weighed by escalating tensions in the Middle East, a stronger U.S. dollar and rising bond yields, ANZ Research said.
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The Bond Market Issues World Leaders a Failing Grade

Wall Street Journal - 2 Sep 2026 01:07
The Bond Market Issues World Leaders a Failing Grade Nothing in this weeks G-20 suggested an end to the deficits, inflation and geopolitical disruptions that are roiling investors.
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Dells AI servers drive a stellar earnings performance, and a raised outlook The companys backlog has reached $95 billion as demand accelerates for its AI servers
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Palo Alto Networks stock falls despite strong AI cybersecurity demand Enterprise cyber threats and AI adoption are giving Palo Alto Networks durable tailwinds, according to CEO Nikesh Arora, but the stock retreated after an earnings beat
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Oil Futures Fall on Likely Technical Correction

Wall Street Journal - 2 Sep 2026 23:54
Oil futures fell in early Asian trade on a likely technical correction after the futures rose for a third consecutive session on Wednesday.
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Who is Alejandro Betancourt, colourful oil baron behind US-Venezuela oil deal? The 46-year-old figure of international intrigue has an apparent knack for being in the right place at the right time.
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CGHS rules changed: Critical illness can now mean lifetime benefits for dependent sons, brothers CGHS rules have been relaxed for dependent sons and brothers with critical or terminal illnesses, allowing eligible beneficiaries to receive medical benefits for life.
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imm India 2026: Countrys home furniture market projected to reach USD 40.53 bn by 2031 imm India 2026 commenced in Dwarka, New Delhi, projecting India's home furniture market to hit USD 40.53 billion by 2031. The exhibition runs from September 1 to 3, organized by Koelnmesse Pvt. Ltd., showcasing manuf...
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