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Business News

Location American Business News for 9 May 2026
SEC Commissioner Urges Restraint on Crypto Rules as Retail Trading Expands SEC Commissioner Hester Peirce said regulators should study cryptos role in retail trading before deciding whether new rules are needed. Her remarks tied crypto to ETFs, options, prediction markets, and perpetual futures...
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Goldman Sachs resets Nvidia stock forecast ahead of earnings Goldman Sachs reveals what could happen to Nvidia shares.
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McDonalds CEO sounds warning on consumer trend

The Street - 9 May 2026 13:33
McDonalds CEO sounds warning on consumer trend Even though the company reported strong earnings, it's seeing glaring signs of broad economic weakness.
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Uber and DoorDash bet on higher earners. It's paying off big. Uber, DoorDash, and Instacart are targeting high-income consumers with premium services, lifting their quarterly earnings and stock prices.
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The unsinkable U.S. economy cruises on, despite headwinds from the Iran war The economy keeps expanding in the face of macro obstacles.
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Introducing the NACHO trade: How Wall Street is betting on higher oil prices and persistent inflation Wall Street is glomming on to yet another acronym inspired in part by Mexican cuisine.
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Judge clears path for Aave to move $71 million in ETH linked to North Korea hack Judge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism plaintiffs continue their claim.
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Cloudflare drops eye-opening AI demand numbers after strong quarter Internal AI usage is up 600% in three months, and 97% of engineers are using AI tools.
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Uber's CEO doesn't have a perfect 5-star rider rating

Business Insider - 9 May 2026 23:40
Uber's CEO doesn't have a perfect 5-star rider rating Uber CEO Dara Khosrowshahi said he has a 4.83 rating on his app, an improvement from the last time he shared his rating.
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Evernorth Says XRPs Real Story Is Institutional Plumbing Evernorth says XRPs institutional case rests on infrastructure built for regulated capital, not price charts or ETF demand. The firm pointed to XRPL upgrades involving compliance controls, restricted environments, escrow...
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What is NPS Sanchay? Check eligibility, withdrawal rules and investment details India's pension regulator has launched NPS Sanchay for the informal sector. It aims to ease retirement savings for individuals with limited financial guidance. Full details here. 
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Trevor Noah is rumoured to have attended a MAGA event linked to controversial organizations, sparking debate over his past criticisms of Trump supporters. The claims remain unverified.
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Blake Lively's Met Gala bag, allegedly designed by her children, sparked controversy. Meanwhile, she and Justin Baldoni reached a costly legal settlement over harassment allegations.
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7 major Bitcoin mining pools join Stratum V2, working group Individual miners in Bitcoin mining pools must rely on block templates provided by the mining pool operator.
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NYCs elites are tired of being painted as the enemy by Mamdani and his ilk A friend of mine who runs a big finance-related firm here in New York City is scouting for new digs in Miami - not only for office space but also a house - and its not just about the taxes.
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Wedbush sends blunt message on Elon Musk's Tesla and Intel deal Wedbush says SpaceX's $55B Terafab plan could reach $119B and transform Intel's foundry business. Here is the opportunity and the risks the firm flagged.
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US Credit Card Debt Hits Record $1.33 Trillion as Savings Rate Crumbles American consumers now owe a record $1.33 trillion in credit card debt, a new all-time high that arrives as the personal savings rate collapses and interest rates on revolving balances hover above 21%. Hard Money Advocat...
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Where to watch UFC 328: Chimaev vs. Strickland Live streams, fight card, odds, venue Khamzat Chimaev and Sean Strickland will face off in a middleweight title bout. Learn where to watch UFC 328 online.
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ITR filing 2026: Which income tax return form should salaried taxpayers and freelancers choose? Know the difference Filing the correct Income Tax Return form is crucial. and taxpayers must select forms based on income sources. Here are the details about forms that salaried taxpayers and freelancers should choose. 
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RBC revamps S&P 500 target for the rest of 2026

The Street - 9 May 2026 22:03
RBC revamps S&P 500 target for the rest of 2026 RBC raised its S&P 500 target as AI-driven earnings and resilient corporate profits continue fueling Wall Streets rally
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How to divide monthly salary between rent, EMI, SIP, insurance and savings? Effective management of monthly salary is crucial for financial stability. The 50/30/20 rule allocates income into essential expenses (50%), lifestyle spending (30%), and savings (20%), promoting disciplined budgeting, i...
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Suze Orman has a stern message about your tax refund The finance expert urges Americans to use larger tax refunds for long-term financial stability
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