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Business News

Location American Business News for 22 August 2026
Rushed CLARITY Act vote could set legislation back, Gallego warns Gallego said the White House has not provided point-by-point feedback on a bipartisan ethics proposal as a September vote approaches.
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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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Bill Gates pulls $818M from Berkshire to buy this giant The Gates Foundation Trust cut its Berkshire Hathaway stake while opening a new position in the home-improvement giant. Learn why the trust made this move.
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Capital.com plans UAE spot crypto services after affiliate wins licence UAE clients will be able to buy and hold crypto through Capital.coms app, expanding beyond price exposure through contracts for difference.
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The Singapore dollar strengthened slightly against its U.S. counterpart, as traders question the efficacy of Treasury Secretary Bessents plans.
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The New York Times Loses Defamation Lawsuit in Alabama

The New York Times - 21 Aug 2026 01:28
The New York Times Loses Defamation Lawsuit in Alabama A 2023 article incorrectly reported that a University of Alabama basketball player was at the scene of a deadly shooting. A jury awarded $9.25 million in damages.
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GM Ruled U.S. Auto Sales for 100 Years. Now Toyota Is Closing In. The American automaker is increasing profits while selling fewer vehicles as its rival pursues an opposite approach.
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Samsungs latest AI move could make your next phone more expensive Someone has to pay for smartphone AI upgrades and the most likely candidate is you.
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Trump threatens 'tremendous economic consequences' on any country helping Iran It comes after a 60-day ceasefire expired on Monday, with no sign of a diplomatic or military off-ramp to the conflict.
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Trump Opens Bitcoin Door as US Debt Blows Past $40 Trillion Treasury Department figures and debt clock readings reported Aug. 19 put total public debt at a staggering $40.049 trillion. About $32.266 trillion sits with the public, while another $7.782 trillion is effectively Washi...
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Chinese robotics giant Unitree soars in stock market debut Shares in the world's biggest humanoid robot maker started trading on Shanghai's Star market on Wednesday.
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Tariffs on Hold as Trump Claims Deal With Canada Is Near

The New York Times - 19 Aug 2026 03:03
Tariffs on Hold as Trump Claims Deal With Canada Is Near President Trump announced a three-day delay on imposing 50 percent tariffs in a social media post on Tuesday night, roughly 90 minutes before the 12:01 a.m. deadline.
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SEC Chair Pushes Crypto Exemptions to Bring Issuers Back to US SEC Chairman Paul Atkins framed proposed crypto exemptions as a route for returning issuers and investment to the United States. Commissioners Hester Peirce and Mark Uyeda emphasized workable rules, public input, and a s...
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Bitcoin climbs above $64,000 while most majors slip Miners have cut their computing power by a fifth over three quarters to make room for AI, and Venice's token jumped 10% after the company said it crossed $100 million in annualised revenue.
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EU Empowers Regulators to Block Third-Country Crypto Platforms The 21st package of European Union sanctions against Russia, passed on July 23, apart from tightening the screws on the Russian ruble stablecoin network and the institutions enabling it, also introduces the possibility o...
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Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally.
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Andreessen Horowitz could make close to $1.5 billion from OpenRouter's potential sale to Stripe Stripe's potential acquisition of AI startup OpenRouter for $8 billion could create big gains for A16z and Menlo Ventures.
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Chinas 5,500 Robot Shipments Put US AI Hardware Rivals on Notice Unitrees 5,500-plus humanoid robot deliveries highlight Chinas scale in humanoid robot manufacturing. Devere Group CEO Nigel Green says those exports offer investors an alternative to heavily financed U.S. artificial int...
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The Web of Hidden Deals That Snared the Dodgers Owner in a Federal Probe Under pressure from investigators and regulators, billionaire Mark Walter is racing to unwind bets and save his sports-and-finance empire.
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If Meta loses this trial, Instagram and Facebook could change forever US states are suing the social media giant to force an overhaul of its platforms for young users.
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U.S. stock futures little changed as investors ponder the Feds next move U.S. stock-index futures were little changed on Sunday after a quiet week on Wall Street, as investors await hints from the Fed concerning the outlook for interest rates.
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