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Business News

Location American Business News for 22 August 2026
How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.
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UK Tax Agency Sends 81,000 Crypto Tax Letters as Scrutiny Rises HM Revenue and Customs (HMRC) sent 81,000 warning letters to cryptocurrency investors over suspected unpaid taxes, while expanded international reporting could give the UK tax agency substantially greater visibility into...
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'We have more work to do', says Canada negotiator as US trade deadline looms Negotiations to finalise a deal between the US and Canada are going down to the wire ahead of a Friday night deadline.
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Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion Bitcoin has surged roughly $10,000 over the past week, breaking above $77,000 for the first time since May after the U.S. Treasury doubled its long-dated bond buybacks. The rally briefly touched $79,500 yesterday, wiping...
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MiCA is coming for DeFi vaults, but regulation will be difficult Brussels is reviewing whether crypto lending should fall under MiCA, but DeFi lending vaults are making it harder to determine who, exactly, should be regulated.
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Warren Buffett sends investors 10-word stock market warning Warren Buffett told CNBC it's tough to find values when everybody is preferring gambling as the Buffett indicator hits 238% and the CAPE ratio tops 41.
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A massive corporate welfare program is underway - and consumers want a bigger cut of it Tariff refunds have been flowing back to companies since President Donald Trumps levies were rejected by the Supreme Court.
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Taxi drivers urge council to agree 8% fare hike Taxi fares could rise by 8% to help drivers combat rising fuel prices and the cost of living.
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Tesla feature at the center of nearly 3 million-vehicle recall The US automaker said therecallcovers imported and China-made Model 3, Model Y, Model S and Model X vehicles, according to notices filed with China's State Administration for Market Regulation.
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See How China Weathered the Iran Oil Shock

Wall Street Journal - 22 Aug 2026 02:00
See How China Weathered the Iran Oil Shock Take a look behind the mystery of how Beijing managed to slash crude imports-tamping down global prices-and survive.
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Grayscale Names 3 Crypto Tokens That Could Gain From New SEC Rules Grayscale says proposed SEC fundraising rules could benefit ETH, SOL and BNB by increasing token issuance, bringing more U.S. issuers and investors onchain and potentially driving value to the three native assets. Graysc...
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Investing is simple until markets crash: Why do investors stop SIPs during bloodbaths on Dalal Street? Investment advice may seem simple, but executing it is often emotionally challenging. Investors struggle to adhere to systematic investment plans during market downturns, experiencing fear and anxiety despite knowing wha...
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Grayscale Sees 3 Reasons Bitcoin May Be Worth Buying Right Now Grayscale sees three conditions aligning for people asking whether now is a good time to buy bitcoin. The crypto asset manager points to continued adoption, a mature bear market, and a supportive macro outlook, while ack...
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Canada announces retaliatory tariffs on U.S. goods after trade talks break down Canada Prime Minister Mark Carney on Saturday announced his country would impose dollar-for-dollar tariffs on U.S. goods - a retaliatory measure after trade talks between the two nations broke down.
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We are committed Christians: Our son and daughter-in-law cut us off over politics. Should we change our $3 million will? We are hurt and confused, but we have also tried to respect the boundaries they have established.
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91-year-old supermarket chain closes stores, lays off dozens The grocery chain will close several underperforming stores when leases expire.
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She looked into COBRA: My friend was laid off and lost her health insurance. How can she find affordable coverage? The cost is absolutely ridiculous.
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Walmart's $200 military smartwatch with a handy flashlight and 'unbelievable battery' is now $27 The Geryst Military Smartwatch is on sale for $27 at Walmart. The bestselling wearable tech stands out for its built-in flashlight and ultra-long battery life.
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SC rejects retired professor's plea to switch from CPF to GPF after retirement: What it means for pension claims The Supreme Court has rejected a retired NIRD professors plea to switch from the CPF to GPF scheme after retirement. The court said he had accepted the terms of regularisation and received CPF benefits without challengin...
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Mystery Whale Sells $576M in Bitcoin as BTC Nears $80,000 A mystery whale sold another 2,700 BTC (about $211.8 million) earlier today, pushing its three-day total to 7,700 BTC (roughly $576.6 million). The selling lands just as bitcoin trades within reach of $80,000, capping it...
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Top analyst sees trouble looming for SpaceX stock

The Street - 22 Aug 2026 20:00
Top analyst sees trouble looming for SpaceX stock DZ Bank started SpaceX at Sell with a $100 target, citing heavy spending and dilutive deals as new shares unlock. Here is the bear case.
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Paramount Prepares to Begin Early Settlement Talks With California Officials California and 11 other states sued in July to block the $81 billion merger between Paramount and Warner Bros. Discovery.
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