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Business News

Location American Business News for 7 February 2026
Bitcoins next bull market may not come from more 'accommodative policies' Bitcoin reaching a point where its price keeps rising even as the US Federal Reserve hikes interest rates would be "the endgame," according to crypto executive Jeff Park.
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SpaceXs acquisition of xAI creates business worth $1.25tn but whether premise behind deal will work is questionedThe acquisition of xAI by SpaceX is a typical Elon Musk deal: big numbers backed by big ambition.As well as...
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Wall Streets wild week rattles investors confidence while highlighting a growing divide within markets It seems like there are two different markets right now, one strategist says.
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Prediction Markets and Casinos Go to War Over Sports Betting

The New York Times - 7 Feb 2026 13:00
Prediction Markets and Casinos Go to War Over Sports Betting Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.
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Bitcoins 50% plunge from highs hurts a little - but it isnt shaking these investors conviction Volatility is the price of admission with bitcoin, one investor says.
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BlackRock bitcoin ETF options errupt in crash: Hedge fund blowup or just market madness? Options trading on BlackRock's spot bitcoin ETF, IBIT, surged to a record 2.33 million contracts on Thursday as bitcoin crashed.
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Bessent Warns About Chinese Gold-Backed Digital Currency-Led Financial System The statements of U.S. Treasury Secretary Scott Bessent awakened concerns about a Chinese initiative to back a digital gold token to undermine American leadership in digital finance and establish a tangible alternative t...
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Yes, there really was a 'March for Billionaires' rally in San Francisco The march drew only about a dozen participants, but organizer Derik Kauffman said it was meant to be a sincere protest against a potential new tax on the state's wealthiest residents.
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Galaxy Digital Authorizes $200M Share Buyback as Stock Rebounds Galaxy Digital Holdings Ltd. announced this week that its board has authorized a $200 million share repurchase program for the companys Class A common stock. Galaxy Digital Moves to Buy Back Shares Following Q4 Loss Acco...
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Washington Post publisher Will Lewis is out days after sweeping layoffs Will Lewis, the CEO of The Washington Post, announced his departure from the beleaguered paper on Saturday afternoon.
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How much is Bad Bunny paid to perform at the Super Bowl halftime show? The King of Latin Trap was Spotifys hottest artist of 2025. Here's what he's making for his 2026 Super Bowl performance and a look at his net worth.
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Epstein Files detail nothing more than revealing potential suspects and the power the convicted pedophile had The Epstein Files were supposed to give us at least a lead into a child-sex ring of the rich and powerful - not whether rich and powerful men befriended Epstein because of his money and connections.
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Connor Storrie and Francois Arnaud's constant hangouts continue to fuel rumours that they are dating in real life.
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US Air Force drone footage leaked online shows unidentified objects near Middle East airspace used by troops and civilians, prompting questions about air safety and military transparency.
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Sam Darnolds net worth: From journeyman QB to Super Bowl contender Sam Darnold seemed destined to be a journeyman QB, but hes now Super Bowl-bound. Heres how much hes worth and how he made his money.
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GOP insiders panic as new polling suggests the Republicans could lose the US Senate in the 2026 midterms, threatening to derail President Trump's final two years.
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Bitcoin Difficulty Logs 11.16% Reduction, Largest Drop Since Chinas 2021 Mining Crackdown This weekend, the Bitcoin network logged its steepest difficulty cut since July 3, 2021-a moment that followed Chinas sweeping ban on mining and trading, which triggered a sharp market sell-off and sent miners scrambling...
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Walmart's bestselling comfy sofa is on sale for $240 The Homshade Thick Cushion Comfy Sofa is on sale at Walmart for 44% off, and one shopper said the couch "was everything."
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10 Photos of 3 Doors Down's Brad Arnold: Personal Life, Cause of Death and Music Legacy A look at 10 photos showing Brad Arnold's personal life, his battle with cancer, family moments and the music legacy he leaves behind after his death at age 47.
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Troubled gunmaker files Chapter 11 bankruptcy after ATF dispute The gunmaker and firearms retailer files for Chapter 11 bankruptcy protection.
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Lindsey Vonn Competing In Olympics Without ACL. Responds To Claims Lindsey Vonn is scheduled to ski in the women's downhill finals at the 2026 Winter Olympics despite completely rupturing her anterior cruciate ligament a week earlier.
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5 Bad Bunny Songs To Know Before The NFL Super Bowl 2026 Halftime Show: Lyrics, Meanings, Context Bad Bunny is set to take the Super Bowl stage by storm, but what songs will he be singing? And what do they mean? Everything you should know here.
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