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Business News

Location American Business News for 24 August 2026
Crypto Firm Shut Down After Nine Investors Lose Over £300,000 A U.K. court shut down Key Coin Assets Ltd. after nine investors who complained to Action Fraud paid more than £300,000. Investigators found no evidence of genuine trading and described its operation as displaying hallm...
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The Singapore dollar was steady against its U.S. counterpart, supported by greenback-debasement concerns.
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Ray Dalio Backs Bitcoin as US Debt Could Spiral to $60 Trillion Ray Dalio warns U.S. debt could reach $60 trillion within a decade, raising the risk of severe financial disruption. The Bridgewater Associates founder recommends 10% to 15% in gold, plus a bit of bitcoin, as currencies ...
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Shein aims for almost $27bn valuation in stock market debut The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.
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Europe Chastised Trumps Climate Rollback. Now Its Delaying Its Own Green Goals. Developed nations are increasingly balking at the cost of measures to cut down on fossil fuels.
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UAW Workers Reject Deeres Contract Extension Offer, Setting Up 2027 Battle UAW President Shawn Fain called the offer an effort to avoid the usual bargaining process.
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Gold Rises; Appeal Grows Amid Uneasy U.S. Fiscal Outlook

Wall Street Journal - 24 Aug 2026 01:50
Gold rose in Asian trade. The yellow metal has rebounded sharply from July lows, supported by renewed investment demand and growing unease over the U.S. fiscal outlook, ING said.
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XRP Faces 5.5% Annual Supply Dilution as XRPL Revenue Falls 81.6% XRPs circulating supply grew 5.5% year over year, creating dilution that fee burns come nowhere near offsetting, according to 21Shares. XRPL revenue fell 81.6% as stablecoin balances and institutional tokenization expand...
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Walmart is selling a 3-piece comforter set that comes in 4 colors for only $24 The Kinmeroom Queen Size Down Alternative Comforter that shoppers say is "one of the best sets to buy" is 40% off right now at Walmart.
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A $650 smartphone takes aim at Apple and Samsungs surging repair costs A DIY-repairable smartphone is entering the market.
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Wall Street Is Counting on Nvidia to Keep the AI Party Going

Wall Street Journal - 24 Aug 2026 01:00
Wall Street Is Counting on Nvidia to Keep the AI Party Going Nvidias results could send shock waves through the tech sector-and the broader stock market.
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The Trump Intervention That Got the DOJ Off Live Nations Back

Wall Street Journal - 24 Aug 2026 01:00
The Trump Intervention That Got the DOJ Off Live Nations Back Antitrust case started out aiming to force the concert giant to sell Ticketmaster. After two White House meetings, a deal kept the company intact.
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Shein Looks to Raise Up to $1.77 Billion in Long-Awaited Hong Kong Offering The fast-fashion giant said it will use the proceeds raised to strengthen its technology infrastructure, as well as strengthen its global presence.
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Oil fell in early Asian trade on possible position adjustments. The U.S. is expected to announce new economic sanctions against Iran on Monday.
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Nikkei Edges 0.3% Higher, Tracking Wall Streets Gains

Wall Street Journal - 24 Aug 2026 00:19
The Nikkei Stock Average rose 0.3% to 66212.61. Japanese stocks swung between mild gains and losses as investors digested the U.S.-Canada trade spat.
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Bill Gates has made $2.3 billion on Michael Burry's former favorite Michael Burrys former favorite has generated a big profit in Gates' $6.8 billion position.
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I left Canada for Bangkok and now work while the city sleeps. My quality of life has never been better. Francis Cloutier lives in a two-bedroom condo in Bangkok with his wife, and rent is about $900.
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Elon Musk just got into another airline disagreement Elon Musk warned Delta Air Lines its Amazon Leo Wi-Fi bet will get worse as United Airlines expands Starlink to 450 aircraft and targets 1,000 by year-end.
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Todays Wordle #1892: Hints, Clues And Answer For Monday August 24 Looking for help with today's New York Times Wordle? Here are some expert hints, clues and commentary to help you solve today's Wordle and sharpen your guessing game.
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Stock futures inch higher as U.S. and Canada appear headed for trade war U.S. stock-index futures were little changed on Sunday, as it appeared the U.S. was on the verge of an all-out trade war with Canada, one of its biggest trade partners.
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