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Location American Business News for 16 March 2026
The war-torn country is battling to secure crucial funding from the IMF and EU, as well as putting up taxes.
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With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts President Trumps war in Iran has raised some costs just as many Americans are starting to see savings from last years tax cuts.
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Why Trumps Strait of Hormuz Problem Is Going Global

The New York Times - 16 Mar 2026 14:50
Why Trumps Strait of Hormuz Problem Is Going Global President Trump is getting little to no support so far for his call that other countries do their part to try to ease an energy crisis prompted by U.S.-Israeli attacks on Iran.
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The hidden AI risk for workers isn't just unemployment - it's a pay cut, former Salesforce AI CEO says Clara Shih said AI could push wages down as technology lowers skill barriers and displaced workers flood remaining jobs.
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Trumps tariff refunds are coming, but not to your wallet yet The government is building a portal to process billions in illegal tariff refunds.
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Berkshire Hathaway just broadcast its most bullish signal in years Warren Buffett halted stock buybacks during his last 18 months as CEO. His successor, Greg Abel, spent $225 million on them in one day.
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Will Meta really cut 20% of its staff - and is AI to blame? The Facebook parent company is reportedly considering mass layoffs as investors question whether the company is overspending on AI.
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Beyond the Monolith: How Decentralized Startups Are Fighting Big Tech for the Future of AGI Ben Goertzel notes that for blockchains achieving the necessary scale will require overcoming technical hurdles related to decentralization, scalability and security. He also emphasizes the need for decentralized AI to c...
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Blackrock Ethereum Staking ETF Roars Into Market as Institutional Demand Surges Blackrocks new staking-enabled ethereum ETF opened with strong trading momentum, signaling rising institutional appetite for yield-generating crypto exposure while blending spot ether access with on-chain rewards in a st...
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Irans Internet Blackout Reaches 360 Hours: Starlink Users Targeted Netblocks, an internet observatory, has reported that Iranians have now over 360 hours without internet connection, a measure impulsed by the Iranian regime since the start of the U.S.-Israel conflict. While Starlink all...
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Major airline to launch new route to Sri Lanka, more flights to three U.S. cities The airline is adding two new routes and increasing frequencies for three others.
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Robert Kiyosaki Predicts Bitcoin $750K, Ethereum $95K After Global Financial Crash Robert Kiyosaki warns a massive asset bubble could soon burst, predicting an unprecedented market collapse that may propel gold, silver, bitcoin, and ethereum to extraordinary valuations within a year of a global financi...
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Fannie Mae predicts shifts in mortgage rates, housing market The Fannie Mae March Housing Forecast predicts lower mortgage rates and wavering levels of single-home construction starts throughout 2026 and 2027.
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Opensea Kicks SEA Token Down the Road, Bets Users Will Stay for Refunds and 0% Fees Opensea, the marketplace that once rode the non-fungible token ( NFT) boom like it was headlining Coachella, has delayed the launch of its long-awaited SEA token again, while tossing users fee refunds, zero-fee trading, ...
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Deutsche Bank signals $30B risk to private credit

The Street - 16 Mar 2026 23:03
Deutsche Bank signals $30B risk to private credit Deutsche Bank's annual report reveals private-credit worries.
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Lawsuit against Elon Musk's xAI alleges Grok created sexualized deepfakes of 3 minors The proposed class action accuses Elon Musk and his AI startup of profiting from the "sexual predation of real people, including children."
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WrestleMania 42 Card Update After Raw On March 16: Huge Matches Added Oba Femi answered Brock Lesnar's WrestleMania 42 open challenge on Raw with a Fall From Grace. Full updated card, tag title setups, and how to watch.
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Target's plan to win back customers has serious flaw Target needs its sales numbers to improve, but its strategy to get there may not work at all.
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2 kids, 2 adults, 1 queen bed, and no personal space. I regret not splurging on a king-size mattress while my kids were little. We got a new mattress and didn't splurge on a king. As parents of two kids who enjoy spending quality time in bed together, I regret that choice.
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AI-linked crypto tokens surge as Nvidia's Jensen Huang touts agentic future CEO Jensen Huang predicted $1 trillion in chip demand through 2027 and praised OpenClaw and the rapid rise of agentic AI systems.
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Brendan Carr Wants to Make All of Trumps Fake News Retribution Dreams Come True Grounded in Neither Reality Nor Law At least one Republican member of Congress is pushing back against Federal Communications Commission
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Joint income tax return? This Rajya Sabha MP has a fix for couples paying higher taxes Rajya Sabha MP Raghav Chadha has proposed the provision of joint income tax returns for married couples to provide equitable relief for single-income households, similar to systems in developed countries.
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