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Business News

Location American Business News for 1 June 2026
Jerome Powell warns that politicizing Fed will erode its credibility Former Fed Chair Jerome Powell on Sunday called the Federal Reserves independence a priceless asset that must be protected, in one of his first major speeches since stepping down from his post earlier this month.
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DOJs Record 127,271 BTC Seizure Resurfaces Amid Scam Crackdown The DOJs record bitcoin forfeiture case has renewed scrutiny of global scam compounds tied to crypto fraud, trafficking, and organized crime. Authorities sought forfeiture of 127,271 BTC, worth about $15 billion. Record ...
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Crypto Meets Wall Street: MEXC Unveils RealStocks with 0-Fee U.S. Equity Trading and Real Dividends PRESS RELEASE. Mutsamudu, Comoros, June 1, 2026 - MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of RealStocks. This innovative equity product is now accessible to eligible users ...
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'Compute is profit': 3 big takeaways from Jensen Huang's keynote in Taiwan Jensen Huang's speech was jam-packed with new releases, including the RTX Spark which aims to reinvent the personal computer as we know it.
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Warren Buffett's Berkshire Hathaway lands major housing deal Berkshire Hathaway agreed to buy Taylor Morrison for $8.5B. Here is what Greg Abel's first major deal means for housing and Berkshire investors.
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Strategy Sells Bitcoin for First Time Since 2022, Dumps 32 BTC to Fund Preferred Stock Dividends Strategy sold 32 bitcoin between May 26 and May 31, 2026, generating $2.5 million at an average price of $77,135 per coin, marking one of the firms only disclosed bitcoin liquidations since it began accumulating in Augus...
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'Big Short' investor Michael Burry says neither SpaceX nor Anthropic is worth $1 trillion Michael Burry said there's "nothing" in SpaceX's IPO filing to warrant a trillion-dollar valuation, and Anthropic might never be worth that much.
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Chip stocks shakeup: Arm soars, Intel falls as Nvidia and Microsoft announce new AI superchip for Windows PCs The chip industry is seeing major market movement this morning after Nvidia boss Jensen Huang announced a fresh foray into personal computers. Shares in Arm Holdings are soaring today after Nvidia CEO Jensen Huang announ...
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White hat hacker recovers $2M from faulty 2016 ICO smart contract A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade.
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US Senator Warns Clarity Act Delay Could Push Crypto Rules to 2030 Senator Cynthia Lummis is warning Congress that missing the Clarity Act window could delay major crypto legislation until 2030. She says inaction would leave developers exposed, consumers vulnerable, and law enforcement ...
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Exxon sounds alarm on 'unheard of' oil problem

The Street - 1 Jun 2026 00:07
Exxon sounds alarm on 'unheard of' oil problem A top Exxon executive says the market is only weeks away from a level the industry almost never sees.
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Famed short-seller Andrew Left convicted of securities fraud in landmark case The Citron Research founder took the stand in his own defense but did not convince the jury he was innocent.
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Chipotle revives generous offer for customers after price hikes Chipotle is ramping up its deals as consumers rethink their spending.
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Binance Opens 7,000 US Stocks to Global Users With Commission-Free Access Binance will let non-U.S. users trade more than 7,000 U.S. stocks and ETFs with zero commissions and fractional purchases. The exchange also plans to introduce bStocks, allowing eligible users to tokenize certain equitie...
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Rivian just achieved something Tesla has long dominated Rivian proves Teslas EV edge is no longer untouchable
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As Microns stock blows past $1,000, Wall Street sees more gains in store Micron stands to benefit from a favorable pricing environment, low competition - and now a new Nvidia chip, analysts say.
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James Van Der Beek's Ex-Wife Heather McComb Says 'I Do' Three Months After His Death Heather McComb married Scott Michael Campbell in a small, faith-centred ceremony in Missoula, Montana, three months after the death of her ex-husband, James Van Der Beek.
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Taylor Swift's upcoming wedding to Travis Kelce is reshaping her friendships, with notable exclusions from the guest list highlighting a focus on trust and discretion.
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Some firms are putting pressure on staff to use AI, but have not thought through their AI rollout.
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President Trump drops the £1.4 billion Anti-Weaponisation Fund following bipartisan opposition, legal challenges, and criticism from former Vice President Pence, marking a significant setback in his second term.
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Strip-mall fashion giant quietly closed 246 stores, plans more An 80-year-old women's fashion retailer is shrinking, despite a suburban retail boom.
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Annapurna Bhandar Scheme 2026: Check eligibility, how to apply online and documents required Want to apply for Annapurna Bhandar online? Check the official website, eligibility, required documents, form download steps, offline option, status check process, and scam alerts in one place.
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