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Business News

Location American Business News for 8 May 2026
Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance...
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AI is coming for your job after all. These new announcements prove it. The tech sector is leading a rush of mass layoffs. Cloudflare, Upwork, Bill outlined big cuts on Thursday, following Coinbases announcement earlier in the week.
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Coinbase Points to Multi-Zone AWS Failures Behind Outage Coinbase said AWS failures disrupted core trading services after errors spread across multiple zones. The company traced the outage to use1-az4 in AWSs US-EAST-1 Region. Coinbase Points to AWS Failures After Trading Serv...
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The solid figures came despite rising gas prices and economic uncertainty sparked by the Iran war.
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BuzzFeed blows past a key debt deadline, raising the specter of bankruptcy The company was granted an extension until May 18 on a $5 million debt payment after issuing a going-concern warning earlier this year.
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You May Be Owed a Tax Refund From the Covid Era

The New York Times - 8 May 2026 14:01
A court ruling found that the I.R.S. shouldnt have charged penalties and interest during the pandemic. But the government may appeal the decision.
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Broadcasters in the two countries have yet to reach deals with Fifa, just weeks before the tournament is due to start.
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Genius Sports Absorbs key iGaming Affiliates as Q2 Forecast Doubles EBITDA Genius Sports reported first-quarter 2026 results after absorbing three of the largest iGaming and sports betting affiliate properties into its sports-data platform, with Casino.org, Casino Guru, and Covers.com now insid...
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Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally? Rising Bitcoin ETF outflows and liquidations signal short-term caution, but a weak DXY and the eventual appointment of a new Fed chair could resume the rally.
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Franklin Templetons bold S&P 500 call stuns Wall Street Asset manager sees further gains in the S&P 500, despite a sharp rebound since the March lows.
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XRP Ledger Foundation Signals Public Collaboration Push Across Ecosystem The XRP Ledger Foundation is moving into a more public coordination role across the XRP ecosystem, outlining a broader focus on engineering, operations, and community engagement as it expands collaboration across the XRP...
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The Devil Wears Prada 2 Handbag Popcorn Bucket Becomes A Hot Collectible The popcorn bucket created to help promote Meryl Streep and Anne Hathaway's "The Devil Wears Prada 2" has people eating their favorite movie theater concession in style in theaters.
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ATEEZ Pop-Up Exhibition: Destinys Memories In Los Angeles Ends Soon The ATEEZ Exhibition : Destinys Memories leaves LA on May 26. The official pop-up celebrates the K-pop groups music and story in a new form of experimental media art.
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FD premature withdrawal rules: How much penalty do banks charge? All you need to know Whether driven by urgent medical costs, emergency home repairs, or other sudden financial requirements, liquidating a fixed deposit prematurely carries significant implications.
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Popular fast-casual chain cuts jobs amid store closures Five Guys is closing stores in California and laying off dozens of workers. Experts explain why its prices are not ensuring economic success.
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Sebi proposes allowing online bond platforms to offer IFSCA-regulated products, tax-saving bonds The new framework seeks to bridge the gap regarding IFSCA-regulated services, proposing that OBPPs operate within the GIFT-IFSC in a manner similar to Sebi-registered stockbrokers.
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WWE SmackDown Results, Winners And Grades On May 8, 2026 WWE SmackDown results, winners and grades featuring the Gingerbread Man's funeral.
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Travel insurance: How these policies work and what flyers should know before their next overseas trip The demand for travel insurance is rising, with 22% growth in policy issuance in 2026. Here's how these policies work and everything a flyer needs to know before their next trip. 
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5 Watch Deals That Look Way More Expensive Than They Are These Citizen, Seiko, and Timex watch deals deliver polished style, trusted quality, and prices that are surprisingly easy to justify.
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Tether Sues Titan Holding in Brazil to Recover $300 Million Defaulted Loan The largest stablecoin company lent $300 million to Titan Holdings in March 2025, part of the Master conglomerate, now involved in one of the largest financial frauds in Brazilian history. The loan was made by Tether Inv...
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A Century of David Attenborough

The New Yorker - 8 May 2026 22:30
From the daily newsletter: New Yorker writers and staffers share some of their favorite scenes from the Attenborough bounty.
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It saved my relationship with my mom. These money managers may help if youre feeling overwhelmed helping your parents pay their bills. An extra set of eyes on these kinds of tasks can help people remain independent longer
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