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Business News

Location American Business News for 22 October 2026
Looted Goods From French Stores Appear on Resale Sites After Riots Officials in France are pressing online platforms like eBay and Vinted to remove items that were stolen during public disturbances over the weekend.
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Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves BTC broke through its $84,000 ceiling late Wednesday, then slid back to the $82,500 support analysts are watching as tech futures fell.
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Oil Rises as Geopolitics Back in Focus After AI Jitters Ease

Wall Street Journal - 22 Oct 2026 03:03
Oil Rises as Geopolitics Back in Focus After AI Jitters Ease Oil rose and Asian equities were lower as the spotlight returned to Middle East geopolitical developments after artificial-intelligence jitters eased.
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SpaceX: A Futuristic Berkshire Hathaway, or Just a Mess?

Wall Street Journal - 22 Oct 2026 13:16
SpaceX: A Futuristic Berkshire Hathaway, or Just a Mess? Elon Musks mishmash of businesses will be a maze for investors to evaluate.
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Crypto is making a splash in U.S. elections - but chiefly in jabs about industry influence Boosters often say crypto voters can swing elections, but Democrats are seeking mileage out of tying crypto to Trump, corruption and attempts to buy seats in Congress.
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Barclays cutting 5,000 jobs as it increases reliance on AI The bank says it is using more AI leading to a 5% reduction in its workforce.
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Meta investors will get free shares if Mark Zuckerberg hits 'extraordinary' targets Meta stockholders will receive a dividend every time the stock doubles and has compounded by at least 10% a year.
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Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon. Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.
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Need an air ambulance? Your health policy may not cover the full cost Air ambulance cover varies widely across health policies, with sub-limits, approval requirements and claim conditions. A few clauses can determine whether families pay lakhs out of pocket.
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Calls to cut employer National Insurance contributions for under-25s Yorkshire businesses set out what they want from the chancellor ahead of the Budget.
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XRP Ledger bug fix moved to November after validator support dipped for two hours The fix lost its two-week countdown less than two days from the finish after support slipped to 26 of 35 validators. Its now back at 31.
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No order, no seat: Starbucks China rolls out new store policy Starbucks says it is improving customers' in-store experience as it competes with homegrown rivals.
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Singapore Dollar Consolidates, But Rising Oil Prices May Weigh

Wall Street Journal - 22 Oct 2026 02:40
The Singapore dollar consolidated against its U.S. counterpart, but may be pressured by rising oil prices that tend to be negative for net-energy-importing countries in Asia.
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Asian Currencies Consolidate Amid Focus on Mideast Developments

Wall Street Journal - 22 Oct 2026 01:16
Asian currencies consolidated against the dollar amid a focus on Middle East developments.
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5 Key Trends Shaping the Future of Hybrid Work

Small Business Trends - 22 Oct 2026 00:31
5 Key Trends Shaping the Future of Hybrid Work Discover the 5 key trends shaping the future of hybrid work, from technology advancements to evolving workplace cultures. Stay ahead in this dynamic landscape and learn how these trends will influence your work environme...
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Post Office vs FD vs Arbitrage Fund: Which one offers best post-tax returns? Compare risk and liquidity before investing Post office deposits, bank FDs and arbitrage funds differ in post-tax returns, liquidity and risk. A ₹5 lakh investment could earn more through arbitrage funds in higher tax brackets, but holding period, taxation and c...
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Costco reveals which members spend the most money

The Street - 22 Oct 2026 18:03
Costco reveals which members spend the most money Having this intel gives Costco an opportunity to up its game and target customers who are most likely to boost its bottom line.
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Sonic Drive-In closes over 70 locations

The Street - 22 Oct 2026 17:41
Sonic Drive-In closes over 70 locations The company has a major disparity between its most and least successful stores.
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Underdog taps zerohash to bring crypto deposits to prediction markets The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock.
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Need ₹10 lakh emergency fund? How to split your money between savings accounts, FDs and mutual fund? Plan by experts Have ₹10 lakh set aside for emergencies? Here's how to divide it between savings accounts, fixed deposits and liquid mutual funds to balance easy withdrawals, capital safety and returns, along with key differences ...
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Sam's Club makes major payment change for shoppers ahead of holidays The Walmart-owned warehouse chain is introducing new installment financing.
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Goldman Sachs has a new warning for the housing market for 2027 Goldman Sachs has a new forecast for the U.S. housing market. Here is what the latest data on mortgage rates, home sales and homebuyers reveals.
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