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Business News

Location American Business News for 20 July 2026
Bitcoin ETFs see new money again, but inflows remain peanuts relative to the recent exodus Bitcoin ETFs have attracted $273 million in new inflows in two weeks, but the total is barely enough to cover a single "slow" week of recent selling.
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Oil Prices Cross $90 a Barrel as U.S.-Iran Conflict Widens

The New York Times - 20 Jul 2026 03:54
Oil Prices Cross $90 a Barrel as U.S.-Iran Conflict Widens Brent crude, the global benchmark for oil, rose more than 3 percent as trading resumed on Sunday, while S&P 500 futures remained essentially unchanged.
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Oil Markets on Edge as Houthi Rebels Threaten Shipping in the Middle East The global oil price went above $90 but pulled back on signs of hope for a reduction in tensions.
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Benchmark hits a four-year high as oil briefly breaches $90 a barrel before easing after Tehran says talks ongoingBusiness live - latest updatesEuropean gas prices have hit a four-month high as the escalation of the conf...
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Soaring Egg Prices Are Hitting China Hard

The New York Times - 20 Jul 2026 13:44
Soaring Egg Prices Are Hitting China Hard China consumes more eggs per capita than almost every other country, so a recent spike in costs is touching a nerve.
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Elon Musk Denies $52B SpaceX AI Server Deal; Dell and SMCI Stocks Rise Elon Musk has publicly denied a report that SpaceX placed a $52 billion AI server order with Foxconn, easing pressure on Dell and Super Micro shares after sharp recent declines.
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This may be the real reason USDA made a huge revision to its beef-export sales data Its like driving one more nail into the proverbial coffin, says a rancher about the recent deterioration in U.S. agriculture data
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Texans are facing unprecedented increases in utility bills and living costs, prompting questions about the state's economic model and the effectiveness of its leadership in maintaining affordability.
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India braces for energy market volatility as US-Iran war escalates Benchmark Brent crude is already at a five-week high, with its September contract on the Intercontinental Exchange ending at $88.10 a barrel on Friday.
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A US judge has allowed Meta to proceed with layoffs, despite claims that automated tools unfairly targeted disabled staff. The decision leaves room for future legal challenges if evidence emerges.
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The Man Who Threw Away $900 Million and Spent 12 Years Trying to Dig It Back Up James Howells, an IT engineer from Newport, Wales, mined 8,000 Bitcoin in the early days and lost the keys in 2013 when an encrypted hard drive was mistakenly thrown away and sent to the Docksway landfill. After the High...
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China demands compensation from the UK after British Steel's nationalisation, citing a breach of the bilateral investment treaty. The UK defends its decision, aiming to protect jobs and steelmaking capacity.
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Moonshots latest Kimi model is so popular that the company just gated new users The Chinese AI startup said it saw massive demand over the last two days and had to pause new subscriptions to reduce strain on its GPUs.
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Jared Kushner's high-profile appearance at the World Cup with Donald Trump draws attention to his controversial $1.4bn Sazan Island resort project, amid protests and a corruption probe in Albania.
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Is there any common ground left?
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AI infrastructure stock surges after landing massive $2.8B win IREN now counts Microsoft, Nvidia, Perplexity, and Figure AI among its customer base.
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WWE SummerSlam Updated Card After Raw Detroit: What's New? WWE SummerSlam 2026 card update after the July 20 Raw in Detroit. No new matches were added, but Gable, Penta, Oba Femi and Solo Sikoa all advanced their programs.
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Prediction Markets Sound the Alarm: Odds of a Bab el-Mandeb Closure Surge Amid New Blockade Threats Prediction markets are now positively evaluating the possibility of a naval blockade against Saudi Arabia, now that the Houthis have issued a statement declaring a maritime blockade based on the principle of an eye for a...
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Americans are leaving their jobs for unexpected income stream There is an interesting money-making method allowing corporate workers to leave their W-2 jobs.
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New York sculptor Sergio Furnari's £74,000 statue of Charlie Kirk faces financial struggles and personal setbacks, raising doubts about the project's success and potential curse.
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Walmarts 3-burner grill with two side tables is on sale for $150 The Ktaxon 3-Burner Propane Grill is on sale for $150. Sear steaks, grill burgers, boil seafood, and more for just under $200.
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The Los Angeles Lakers have signed Matisse Thybulle to a one-year deal, enhancing their perimeter defence. This move follows unsuccessful negotiations with Jonathan Kuminga and creates a roster management challenge.
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