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Business News

Location American Business News for 30 April 2026
Hong Kong Central Bank Flags Fake HSBC Tokens Circulating Ahead of Launch Hong Kongs central bank warned that fraudulent tokens claiming links to HSBC and licensed issuers are circulating, even though no regulated stablecoins have been issued in the market. Key Takeaways: Hong Kong warned unau...
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KPMG lays off 4% of its advisory team over slowing demand

Business Insider - 30 Apr 2026 01:35
KPMG lays off 4% of its advisory team over slowing demand KPMG cuts 400 consultants in the US advisory division due to slowing demand and low attrition.
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4 things you missed from Elon Musk's testy second day on the stand at OpenAI trial From the timing of his lawsuit to his communications with Shivon Zilis, here are some of the questions Elon Musk faced during cross-examination.
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A standoff between Gulf oil giants Saudi Arabia and the UAE could cause greater market volatility for years to comeThe conflict in the Middle East has claimed Opec as the latest casualty of war. The United Arab Emirates ...
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Banks push to slow stablecoin law as Agora races for charter U.S. banks are looking to delay landmark stablecoin legislation even as crypto firms like Agora push ahead.
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Here are the stock market's winners and losers of Big Tech's most critical earnings stretch Meta, Alphabet, Amazon, and Microsoft reported earnings on Wednesday. Here's what drove the reaction from investors after the results.
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This new study suggests Americans are being overcharged for insurance by $150 billion annually In 2024, for every $1 collected in premiums, insurers reimbursed 62 cents for claims. A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses - and it ...
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Behind Powells High-Stakes Decision to Stay at the Fed

The New York Times - 30 Apr 2026 13:23
Behind Powells High-Stakes Decision to Stay at the Fed Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central banks independence.
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Cryptos Next 2 Billion Users Wont Come From Trading Alone, Binance Explains Binance says crypto adoption is moving beyond trading toward payments, yield, tokenized assets, and AI. The company cited stablecoin supply above $320 billion and monthly on-chain volume of $7.2 trillion. Key Takeaways: ...
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A shortage of fertiliser due to the Iran conflict could reduce crop yields and push prices higher, says the boss of Yara.
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Alphabet hits a milestone as it closes in on Nvidia

Market Watch - 30 Apr 2026 23:08
Alphabet hits a milestone as it closes in on Nvidia Alphabet added a record $421 billion to its market cap as massive cloud growth and AI momentum sent shares soaring.
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The number of county court judgements rose by 17.5% in the first quarter of this year compared to last, data suggests.
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Cook is preparing to bow out after 15 years at the helm and hand over to John Ternus.
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Applying for a loan, requesting a credit report? Here's how your credit score is calculated in India Credit scores, ranging from 300-900, indicate credit risk to lenders based on past behavior. Scores can be improved through timely repayments and responsible financial habits. Here's what factors determine your score...
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Where Is Nancy Guthrie? Investigation Hits 'Dead Ends' 88 Days After Disappearance Eightyeight days after 84yearold Nancy Guthrie vanished from her Tucson home, a reporter says the investigation has hit 'a lot of dead ends', with thousands of tips but still no suspects.
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The memory trade is faltering as Western Digitals stock slides in the face of earnings beat Investors are panning upbeat results from Western Digital and Sandisk after massive one-year stock rallies.
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SpaceX may face an easier path to S&P 500 entry if these newly proposed rules take hold As SpaceX, Anthropic and OpenAI reportedly gear up for IPOs, S&P Dow Jones Indices is considering whether to allow fast-track entry and relax profitability requirements.
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Saving for retirement when you make less than $35,000 wont be much easier with Trumps new executive order Experts have been working to fix this problem for decades - but outside of workplace plans, success has been hard to come by.
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Mortgage rates increase to 6.3% - but home buyers arent scared away The average rate on a 30-year mortgage is still lower than it was a year ago.
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Private airport operators seek relief after tariff cut, warn of cash-flow strain A private airport operators' association has flagged cash-flow strain after a cut in landing and parking fees at airports and sought a pause in revenue sharing.
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Chipotles new brand chief gave fast-food burgers buzz. Now hes coming for fast-casual burritos Fernando Machado is best known for his stunt-driven Burger King work. Will his irreverence find success at Chipotle? Chipotle Mexican Grill needed to do something. In February, the fast-casual restaurant brand reported t...
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Gold posts its biggest 2-month drop ever. How its price could still double over the next 5 years. Gold prices cemented the worst two-month decline in history on Thursday, based on the price of heavily-traded futures contracts.
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