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Business News

Location American Business News for 21 September 2026
US and China discuss AI safety plan ahead of Trump-Xi summit Top US and Chinese officials held talks in New York on Sunday ahead of a Trump-Xi summit this week.
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Why Goldman Sachs still prefers AI infrastructure to 5% Treasurys Higher rates haven't necessarily undermined the AI boom
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Bitcoin rises above $81,000, while NEAR jumps 23% on Zcash swap traffic Bitcoin extended a slow climb through the Asian session while regional equities and U.S. stock futures rose on progress in trade talks between Washington and Beijing.
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UK urged to strengthen financial muscle of national wealth fund to aid economy Unions, thinktanks and others say overhaul could provide investment Britain needsUnions, thinktanks, environmental groups and charities have come together to call on ministers to boost the financial firepower of the nati...
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House Panel Advances US Bitcoin Reserve Bill With 20-Year Hold A House committee advanced legislation that would codify the existing U.S. Strategic Bitcoin Reserve and prohibit sales of qualifying federal bitcoin for 20 years. The amended bill would place the current executive polic...
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Chip Boom to Boost Korean Companies Cash, Goldman Sachs Says

Wall Street Journal - 21 Sep 2026 03:20
The chip-industry boom could generate substantial corporate cash in South Korea, with the extent to which companies repatriate overseas earnings likely to be a key determinant of domestic financial-market dynamics, Goldm...
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Global stock markets bounce higher; government bond yields tumble as oil slides - business live Talks between US and Chinese officials in New York come ahead of summit between Donald Trump and Xi Jinping later in the weekGerman markets have largely shrugged off the results of two regional elections.The yield, or in...
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Nvidia boss says there is 0% chance AI destroys the world by 2030 Jensen Huang dismisses warnings from former Anthropic researcher and others as doomsday narrativesBusiness live - latest updatesThe boss of the chipmaker Nvidia has said AI will not develop to a point that will lead to t...
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European Chip Stocks Open Week With Early Gains

Wall Street Journal - 21 Sep 2026 08:16
Shares of European semiconductor companies started the new week in green territory, building on gains from Friday, while in Asia In Asia, Samsung Electronics closed up 5%.
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EMI bounce can incur penalty, lower credit score; is there a grace period before it's reported to credit bureaus? A failed EMI payment can result in penalties and lower credit scores, as lenders report such details to credit bureaus. Check whether the borrower gets a grace period before it's reported. 
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₹34.8 lakh cash balance taxed as unexplained money, ITAT deletes addition and explains why declared income matters The Delhi ITAT deleted a ₹34.8 lakh Section 68 addition after finding that the cash balance was linked to commission income already recorded and offered to tax. The ruling highlights why taxpayers receiving cash income...
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Gold Falls as Focus Remains on Rate Outlook

Wall Street Journal - 21 Sep 2026 07:17
Gold slipped as traders weighed inflation risks and the Feds monetary policy outlook following last weeks rate hike.
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Eurozone Government Bond Yields Slide in Early Trade

Wall Street Journal - 21 Sep 2026 07:14
Eurozone government bond yields fell-tracking Treasury yields lower-helped by declining oil prices.
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Bank of Korea launches 24-hour won settlement pilot for foreign investors The Bank of Koreas new network will let foreign investors settle won transactions during business hours in their home countries.
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Oil Slides 2% With Focus on Saudi Flows, Diplomatic Efforts

Wall Street Journal - 21 Sep 2026 06:41
Oil prices fell in early European trading as concerns eased over disruptions to Saudi pipeline flows and as hopes grew for diplomatic talks between Trump and Gulf leaders.
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Dollar Gains on Prospects of Further Fed Tightening

Wall Street Journal - 21 Sep 2026 06:39
The DXY dollar index rose 0.1% to 100.335 after reaching a seven-week high of 100.564 on Friday, continuing to receive support from Fed rate-rise expectations.
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Ingenia Communities Rejects Warburg Pincuss Improved $1.47 Billion Takeover Offer The Australia-listed companys rejection of Warburg Pincuss sweetened offer suggests that it is prepared to consider higher offers.
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Nvidia boss rejects AI extinction fears as 'doomsday narratives' Jensen Huang's comments come after warnings from AI researchers that the technology could lead to human extinction.
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Kalshi faces fake crypto volume allegations as critic flags identical $5,500 trades Kalshi clarified that its inflated headline volume stems from an industry-wide convention tracking maximum potential payouts rather than actual cash spent, emphasizing its public regulatory filings ensure absolute transp...
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RAMageddon: tech crunch hikes the price of your next iPhone by £100 Shortage of memory chips and other critical components reverses trend of electronics becoming cheaperApples recent product launch caused headlines around the world as it unveiled its first folding phone. But hidden in th...
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Content makers are opting for YouTube over subscription platforms and this could change the game With Balaji Telefilms' new partnership, YouTube presents an appealing alternative for content creators seeking IP control and ad revenue. This model allows producers to reach larger audiences, particularly through sh...
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India sets sail on seafarer tracking system, global safety plan The West Asia conflict has prompted the government to step up efforts to build a person-level tracking system for Indian seafarers working aboard ships globally, with plans to link Indias maritime information systems wit...
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