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Business News

Location American Business News for 3 March 2026
J.P. Morgan revamps oil prices target for the rest of 2026 One of the biggest banks just adjusted its big-picture view on oil prices.
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Facing backlash, OpenAIs Sam Altman says he made a sloppy mistake in Pentagon deal The OpenAI CEO admits he came off as opportunistic in how he announced the companys new government deal and says he will amend the language to emphasize restrictions
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Nvidia bull drops shocking take on upside

The Street - 3 Mar 2026 01:07
Nvidia bull drops shocking take on upside The dream scenario just got harder, a top bull says.
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Trumps Whatever It Takes Rattles Global Markets

The New York Times - 3 Mar 2026 13:55
Trumps Whatever It Takes Rattles Global Markets President Trump has signaled that he is open to the idea of a prolonged military conflict with Iran. Investors are spooked by that scenario.
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Strive strategist says AI deflation could push Bitcoin to $11M by 2036 Strives Joe Burnett argues AI-driven deflation may force looser policy, pushing Bitcoin toward $11 million a coin by 2036 and a $230 trillion market cap.
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Why Best Buys stock is soaring, even as sales and full-year outlook disappoint Best Buys earnings beat was enough to please investors, who had low expectations ahead of the retailers quarterly results.
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Stocks slump, energy prices surge as Iran war rocks global markets European natural gas prices soared 40% after Iranian drone strikes led Qatar to suspend production at the world's largest LNG export plant.
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UBS Forecasts Broad Commodities Rally as Investors Hedge Iran-Linked Uncertainty Escalating U.S.-Iran tensions rattle oil, gold, and equities as UBS projects limited energy disruption and stronger broad commodities gains into 2026, led by metals amid elevated geopolitical risk. UBS Flags Iran Escalat...
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Steak n Shake Launches 21-Cent-Per-Hour Bitcoin Bonus for Employees Steak n Shake is embedding bitcoin into employee pay, granting hourly workers a crypto bonus and adding $1,000 child savings contributions, advancing an aggressive digital-asset strategy that reshapes fast-food compensat...
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UBS has a blunt message for investors in stocks

The Street - 3 Mar 2026 01:33
UBS has a blunt message for investors in stocks Here's what cold happen to the stock market now.
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SoFis stock rises as CEO Anthony Noto reacts to recent selloff with a $1 million purchase Noto, who already owns a SoFi stake worth about $215 million on paper, has been known to buy the dip before.
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Amazon says 3 data centers damaged by drone strikes in Middle East Amazon AWS data centers in UAE and Bahrain hit by drone strikes amid US-Iran tensions, causing power and infrastructure disruptions.
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AARP raises red flag for American workers on 401(k)s, IRAs AARP eyes legislation aimed at improving retirement security; sourced from AARP, Office of Personnel Management, House Ways and Means Committee, U.S. Congress.
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Software stocks just quietly trounced chip stocks to a historic extent - but dont get too excited The six-day outperformance of the software sector is merely a blip on the radar over a longer span.
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Dems Sound Alarm About Scared Americans the Trump Admin Stranded in the Now-Warring Middle East Do They Think Through Anything? Pressure mounted throughout the day Tuesday, as it became clear that the Trump administration had
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Here are the U.S. airlines most vulnerable to rising fuel prices Citi draws out a surprisingly eclectic list of U.S. airlines more at risk from dramatic jet-fuel increases
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Bankers say tariff uncertainty is the new normal

American Banker - 3 Mar 2026 23:10
Bankers say tariff uncertainty is the new normal Following a major Supreme Court ruling on tariffs, which drew a quick response from President Trump, banks and their commercial clients are expecting trade issues to remain in flux for the foreseeable future.
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Braves Outfielder Jurickson Profar Suspended Entire 2026 MLB Season For PEDs Jurickson Profar of the Atlanta Braves has been suspended 162 games after testing positive for PEDs a second time.
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How Nvidia turned a steal of a deal into its secret weapon Building on the foundations of its $7 billion Mellanox acquisition, Nvidia has made networking sales a major driver of its growth
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Bitcoin Outlook Tied to Oil, Fed Policy as Conflict Escalates Bitcoin faces mounting volatility as geopolitical tensions and surging oil prices rattle global markets, with Wintermute warning that macro forces - not crypto fundamentals - now threaten to dictate the sectors next deci...
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The stock markets wild swings are sending a message about the escalating Iran conflict Stocks swung violently Tuesday as investors tried again to assess the potential impact of the escalating military strife in the Middle East, sparked by U.S. and Israeli strikes that resulted in the killing of Irans Supre...
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Should you buy or sell a home now? What the Iran conflict means for the spring home-buying season. Mortgage rates dipping below 6% raised hopes for an active spring home-buying season. Then the U.S.-Iran conflict erupted.
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