Archive snapshot · Business
Fri, Aug 28, 8:08 PM ET
Kevin Warsh at Jackson Hole signals Fed may need to raise rates if inflation persists
Fed Chair Warsh's first Jackson Hole address struck a hawkish tone, warning inflation remains too high and hinting at further rate hikes, which moved markets an
Reuters · +7 outlets
US Treasury sanctions UAE branch of Egypt's Banque Misr over Iran ties
The Treasury imposed sanctions on Banque Misr's UAE arm for processing about $1.8 billion for companies tied to Iran's shadow banking network, part of the admin
US Top News and Analysis · +2 outlets
Six months into US-Iran war with no end in sight
The conflict has far exceeded initial administration estimates, with the US shifting to economic warfare via a naval blockade that has slashed Iranian oil expor
US Top News and Analysis · +3 outlets
Nepal-China border floods kill at least 360 with 1,400 missing
Catastrophic flash floods triggered by a glacial collapse swept communities on the Nepal-China border, with water levels surging as much as 27 feet in 30 minute
Fortune · +2 outlets
US corporate profits surge to record as worker payouts wilt
Pre-tax corporate earnings hit their highest share of national income since the aftermath of World War II, while labor's share declined.
International homepage · +1 outlets
Grand Theft Auto 6 preview signals blockbuster demand, analysts say
Take-Two shares rose after a successful GTA 6 trailer launch, with analysts bullish on the blockbuster's demand ahead of its release.
US Top News and Analysis · +2 outlets
Stripe and Advent suspend pursuit of PayPal
PayPal's stock slid after reports that Stripe and Advent International halted their takeover bid, leaving the company to execute a turnaround on its own.
American Banker · +2 outlets
Judge blocks Pentagon blacklist of Anthropic as supply chain risk
A federal judge ruled the Pentagon's decision to bar the military from using Anthropic's Claude AI was illegal, citing the agency's stated reason of 'arrogance'
US Top News and Analysis · +2 outlets
Trump signs order to rename Lake Ontario 'Lake America' amid Canada trade war
President Trump issued an executive order to change the name of Lake Ontario to 'Lake America' as trade tensions with Canada escalated, triggering worldwide moc
US Top News and Analysis · +1 outlets
Walmart settles US lawsuit over opioid painkiller prescriptions
Walmart resolved a case with the Justice Department over allegations it fueled the nation's opioid crisis.
International homepage · +1 outlets
FDA approves Gilead's daily HIV pill designed to simplify treatment
The new pill aims to simplify treatment for patients doing well on current regimens, including those on Biktarvy.
US Top News and Analysis · +1 outlets
UAE sheikh backs 49% stake in Trump family's crypto bank venture
World Liberty, the Trump-backed crypto venture, deepened ties with a senior UAE official as its proposed trust bank secured preliminary federal approval.
US Top News and Analysis
Former IMF deputy Gita Gopinath calls Trump tariffs 'straight-out protectionism'
The economist criticized Trump's trade policies and warned of looming threats to the dollar's dominance.
International homepage · +1 outlets
Affirm surges on strong outlook; CEO says high gas prices are hitting US shoppers
Affirm shares rose after reporting strong results, while CEO Max Levchin noted that rising gas prices are pressuring consumer spending.
US Top News and Analysis · +1 outlets
Marvell shares tumble 6% as outlook underwhelms despite 37% revenue growth
Marvell Technology's fiscal 2028 outlook failed to meet investor expectations, sending shares lower even after a second-quarter revenue beat.
US Top News and Analysis · +1 outlets
GM faces safety probe over engine failures in nearly 1 million vehicles
General Motors is under investigation for engine failures affecting close to 1 million vehicles.
Insider Monkey · +1 outlets
Labor Department to propose expansion of association health plans
The agency submitted a rule that could allow more workers to get health insurance through association health plans, potentially lowering costs.
US Top News and Analysis · +1 outlets
Meta's $18 billion teen safety settlement called a bargain
Analysis suggests Meta's record settlement over teen safety includes a long payment plan and product loopholes that make it cheaper than it appears.
All Content from Business Insider · +2 outlets

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