Business / Finance
Target’s minstrel-costume apology erased days of stock gains
Shares hit a 52-week high of $169.89 on Aug. 24. They fell 3.78% the next day, after Target pulled a costume critics called racist.
Trump’s own trade chief downplays the Canada tariffs he’s escalating: ‘We don’t actually expect a huge impact’
“Imposing new tariffs on Canada is a mistake,” Susan Collins said while campaigning Monday, mentioning lobster, blueberry and lumber exports.
Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak
Bernstein expects Bitcoin to reclaim $125,000 by late 2026 before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.
Revolut Launches Euro-Pegged EURR Stablecoin
EURR has gone live for selected customers in Denmark, Poland and Portugal, with a Luxembourg subsidiary of Stripe holding the reserves.
Kid safety trial hears Instagram chief’s frustration over safety feature, ex-Meta employee who quit over ‘values’
Adam Mosseri appeared annoyed: “There are many features we launch over many aspects of safety and well-being” that the company works on.
Dolly Parton, country-music legend and cultural icon, dies after brief battle with cancer at 80 years old
She said no to Elvis Presley over songwriting royalties. Years later, Whitney Houston's cover of that same song broke records — and made her a fortune.
What to Know Before You Transfer Points to Japan Airlines
Japan Airlines redemptions offer excellent value, but limited award seats, high fuel surcharges and an outdated website can make them challenging to book.
Intuit hits a record milestone of $20 billion in revenue—and sets the stage for a strategic pullback
CFO Sandeep Aujla calls it a “reset to reaccelerate”—Intuit is trading near-term revenue for a rebuilt customer-acquisition engine.
Taurus links digital asset platforms to Swift’s blockchain ledger
Taurus expects first institutional clients to connect in days, with initial DLT transactions through its platforms expected within weeks.
New York metro area touts $3.5 billion impact from World Cup, silent on full costs from transit overruns and hosting FIFA
The final tally came after some naysayers derided the total spend from both New York and New Jersey, which put up an estimated $245 million.
Morning Minute: LayerZero Announces ATLAS as New Settlement Engine
The market liked the news, with ZRO up 10% and jumping nearly 50% off its local bottom.
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs.
Current price of oil as of August 26, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
ECB claims digital euro will offer 'maximum level of privacy' amid surveillance fears
Central bank officials say the Eurosystem will be structurally unable to link users to purchases, but civil society groups remain skeptical.
The 3 catalysts that could define bitcoin's next move
Your day-ahead look for Aug. 26, 2026
Groups sue Trump’s EPA over fast-track approval of toxic datacenter chemicals
Exposure to two compounds approved can result in ‘sudden death’ and range of other serious health risks, lawsuit warnsThe Trump administration has approved two new datacenter chem…
Alex Karp was right: you don’t own your data
Generative AI companies say you own your "Inputs" and "Outputs." Their legal agreements leave out who owns the reasoning tokens generated between them.
Supply absorption ‘key question’ as Bitcoin fails to reclaim $80K: Analysis
Bitcoin struggled to establish support at $80,000 as investor cohorts all returned to net profitability.
Japan weighs blockchain fast lane for securities cash settlement
The FSA, Finance Ministry, BOJ and financial institutions plan to study the infrastructure and produce a development plan by early 2027.
Bitcoin takes a breather after adding 23% in 7 days as ETF demand holds steady
The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion.
Strategy cuts net leverage to near zero as cash nearly matches convertible debt
The bitcoin treasury company has built nearly four years of preferred-dividend coverage while continuing to repurchase STRC below par.
Roman Storm's Tornado Cash Retrial Pushed to April 2027
Judge Katherine Polk Failla adjourned the retrial by more than six months, with Storm's motion for acquittal still undecided.
OpenAI’s new revenue chief has a simple mission: make the money match the hype
Rajic, 53, has earned a reputation as one of the most disciplined, successful enterprise sales leaders in tech.
Bill Gates calls for ‘human reserved’ jobs in face of AI takeover
Microsoft co-founder also expresses concern governments not prepared for technology’s impact in 6,000-word essayBusiness live – latest updatesBill Gates has called for “human rese…