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Business News

Location American Business News for 2 August 2026
XRP Scam Ring Arrested After Stealing $9M From 71 Investors South Korean police arrested three suspects accused of stealing 12.3 billion won, or about $9 million, from 71 XRP investors. Investigators traced 27.3 billion won through related wallets, indicating that total losses co...
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The German Auto Industry, a Pillar of the National Psyche, Is Trembling The countrys iconic carmakers are struggling with tariffs, the growth of electric vehicles and intense competition from Chinese companies.
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How Apples cheap MacBook Neo sparked a war in budget laptops Apples gamble on the budget MacBook Neo is paying off and forcing rivals to rethink their offerings.
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Investors are rotating into financial stocks. The Feds next move could determine how far the rally runs. Financial stocks have been among the markets best performers this month. The Feds next move, however, may determine how much further the rotation can run.
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Why every tech giant wants to look like a cybersecurity company in the AI era As AI agents break free, tech giants are racing to turn cybersecurity into a core feature of their businesses.
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JPMorgan resets Amazon stock target after AI payoff JPMorgan raised its Amazon stock target after AWS growth accelerated, but rising AI spending and negative free cash flow remain central risks
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Tim Cooks lasting legacy: Keeping Apples eye on the ball Apple has been phenomenally profitable because its CEO resisted demands to change the businesss focus.
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Morgan Stanley spots four overlooked Meta profit engines Morgan Stanley says four emerging Meta businesses could add roughly 25% to projected 2028 earnings despite soaring AI spending.
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Sam Altman says Paul Graham and Peter Thiel taught him a key lesson about investing OpenAI CEO Sam Altman said that he learned "the best investment opportunities are almost never the ones that look really popular."
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Grayscale Urges Senate CLARITY Act Vote Before August Recess Grayscale urged Senate leaders to schedule a CLARITY Act vote before the August recess, warning that delay threatens U.S. competitiveness. The bill would divide crypto oversight between federal regulators and establish n...
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Morgan Stanley leads $15B bet on Anthropics Texas campus The financing structure shows whos really backstopping AIs buildout.
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33,730+ register for Delhi Lakshmi Yojana within 12 hours of launch: Check eligibility, documents, and steps to apply Delhi Lakshmi Yojana portal received 33,730+ registrations within 12 hours of its launch on 1 August. The scheme offers eligible women ₹2,500 per month. Women aged 21-60 years, with annual family income up to ₹2.5 la...
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The Sony Pictures movie, the 11th big-budget Spider-Man blockbuster since 2002, was on pace to have one of the biggest domestic first weekends ever.
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The future of crypto payments won't include on-ramps or bridges, Fun CEO says Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity for users.
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My girlfriend is 62. Can she claim her late husbands full Social Security benefit - or does she have to wait? Her husband passed away 10 years ago. They had been married for more than 20 years.
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Farms and rooftop panels contribute 14.4% to the grid - and figures reveal a surge in new installationsSolar energy supplied more power to Great Britains grid in July than in any previous month as households turned to ro...
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Inside the 81-year-old billionaires risky, debt-fueled scramble to transform his data empire into an A.I. juggernaut.
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Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years Only seven diversified equity mutual funds delivered annualised SIP returns of over 20% in the last 10 years, excluding sectoral and thematic schemes. A ₹10,000 monthly SIP in these funds grew to as much as ₹38.8 lak...
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RBI's special forex swap facility draws over ₹3.89 lakh crore by July-end; FCNR(B) deposits dominate inflows According to the RBI's latest data, FCNR(B) deposits remained the primary source of inflows, contributing about ₹3.50 lakh crore (USD 36.725 billion).
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The creator dilemma: Speaking up may cost followers, but silence has a price too The NEET protests put creators in the spotlight, highlighting how speaking up can deepen audience trust while reshaping brand partnerships and commercial opportunities.
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Multi-asset allocation funds drew nearly 7 times more inflows than balanced advantage funds in H1 2026; here's why Multi-asset allocation funds attracted nearly ₹38,027 crore in H1 2026, about seven times the inflows into balanced advantage funds. The gap was driven by strong gold and silver returns, investor return-chasing behavio...
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DA hikes: From Finance Ministry to railways and banks - Here's a look at all the dearness allowance announcements so far Dearness Allowance or DA is a percentage of basic salary, reviewed twice annually, and aimed at offsetting the impact of inflation for government employees and pensioners. Here's a look at all the dearness allowance ...
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