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Business News

Location American Business News for 22 May 2026
Fed officials double down on blunt rate-cut message Newly released FOMC minutes signal stronger-than-expected concern about inflation and possible rate hikes as Kevin Warsh prepares to lead the Federal Reserve.
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67 Million Americans Hold Crypto: 90% Plan to Buy More Next Year A total of more than 67 million Americans, or 1 in 4 adults, now own crypto as adoption spreads across income, age, and work groups, according to the National Cryptocurrency Association. The report found 90% expect to bu...
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Costco made a quiet credit card change that cost members money Costco quietly updated its co-branded credit card terms, with potential cost implications for members.
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OKX and ICE are bringing 'never-expiring' oil futures to 120 million crypto users The new partnership comes as Hyperliquids oli futures contracts that never expire have been a huge success with over $1.6 billion in 24-hour trading volume.
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Nvidia made one of the biggest buyback announcements ever. It may not be enough. Theres confidence in the business, but some analysts want to see it go higher.
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Traders Get AI, Defense, and China Perp Futures on Coinbase Starting June 8 Coinbase Derivatives is bringing perpetual-style equity index futures to U.S. regulated markets on June 8, giving traders direct exposure to artificial intelligence (AI), Chinese equities, defense, and broad tech through...
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A productivity startup is laying off 22% of the company to create million-dollar salary bands ClickUp CEO Zeb Evans said the company laid off 22% of its workforce, but employees who "create outsized impact using AI" could see a million dollars.
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Elon Musk and Sam Altman's fight just got personal on Wall Street With a jury verdict and two looming IPOs, the fight is becoming expensive for everyone watching.
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SpaceX has a lot riding on its imminent Starship rocket launch The launch, which could happen as soon as Friday, comes ahead of an IPO thats basing so much on narrative and symbolism.
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Walmart is selling a comforter set that feels like it has down filling for way less at only $24 The Civetet 3-Piece Comforter Set is on sale at Walmart for 11% off, and one shopper said it was "very soft."
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Mandalorian And Grogu Projected To Have Lowest Disney Star Wars Opening "The Mandalorian and Grogu" just opened in theaters, and its already projected to make less money in its debut than 2018s Disney "Star Wars" misfire "Solo: A Star Wars Story."
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Bitcoin 'Pizza Day' was 16 years ago, here's how much that BTC is worth today Laszlo Hanyecz's 2010 post, offering 10,000 BTC in exchange for two pizzas delivered to his home, marked the first recorded commercial BTC payment.
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Can PPF investors open multiple accounts in different banks? Rules explained The Public Provident Fund (PPF) is a government-backed savings scheme in India, offering 7.1% interest with tax benefits. Individuals can only maintain one account to prevent misuse of tax benefits.
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132-year-old luxury chain quietly closes more stores worldwide Historic luxury department store chain Galeries Lafayette is closing more stores as retailers cut costs and shrink footprints amid weaker consumer demand.
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STCG vs LTCG: Difference between short-term and long-term capital gains tax, types of assets and rules explained Taxpayers who earn capital gains are required to report them when filing their income tax returns using the appropriate ITR form.
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The Pentagon has released new declassified UFO files, revealing unexplained phenomena. Trump's transparency push aims to shed light on these mysteries, though many questions remain unanswered.
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After 35 years with the company, the chief consumer marketing officer will leave next year.
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Trump admin says new green card enforcement likely won't apply to those who provide an 'economic benefit' A USCIS official said immigrants who provide an "economic benefit" are likely able to apply for a green card without returning to their home country.
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Drama Desk Awards Reshape Tony Awards Race

Forbes - 22 May 2026 22:40
Drama Desk Awards Reshape Tony Awards Race While Tony Awards voters stay silent about their ballots, the Drama Desk Awards voters are loud enough to move the market.
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Tulsi Gabbard has resigned as Donald Trump's director of national intelligence, saying she must care for her husband after his diagnosis with an 'extremely rare' bone cancer.
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ITR filing: How NRIs and foreigners are taxed in India and why residential status matters Tax liability of individuals is influenced more by residential status than citizenship under Indian tax law. NRIs and foreign citizens may be taxed based on their days in India and income nature. Here's what you need...
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Tulsi Gabbard resigns as US Director of National Intelligence to support her husband, diagnosed with rare bone cancer. Aaron Lukas will assume the role as acting director.
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