Category
Markets
Stories and analysis from The Business Now newsroom.
Crypto
₿ Bitcoin Breaks Above $72,000: Why Trump’s Crypto Push Is Sending Crypto Stocks Higher
Bitcoin’s $72,000 Move Is Bigger Than Bitcoin A typical crypto headline would be: Bitcoin jumps above $72,000. But that misses the most important part of today’s move. The interesting part is the simultaneous rally in: Bitcoin ↓ Coinbase ↓ Strategy ↓ Circle ↓ Robinhood ↓ Bitcoin miners ↓ Crypto infrastructure That tells us investors aren’t...
Markets
U.S. Treasury Doubles Bond Buybacks: Why Markets Are Still Worried About Rising Yields
The Treasury Just Sent Two Messages to Wall Street At first glance, this looks like a straightforward market-support operation. Treasury says: We want to improve liquidity in longer-dated Treasury securities. Investors hear: Washington is increasingly concerned about the rise in long-term borrowing costs. And that second interpretation is what makes this story important. The Treasury...
Finance
Walmart Stock Plunges 6%: What Its Weak Outlook Says About the U.S. Consumer
Walmart Stock Plunges 6% — But the Earnings Were Not Actually Bad This is where the headline can be misleading. Walmart did not report a disastrous quarter. Quite the opposite. Revenue rose 5.9%, operating income increased 28.8%, e-commerce remained extremely strong and Walmart raised its full-year sales and profit expectations. Yet investors immediately sold the...
Economy
U.S. National Debt Hits $40 Trillion: Why Treasury Yields Are Rising Again
The $40 Trillion Number Is Not the Whole Story The United States has crossed a psychological and financial milestone. $40 trillion. But simply writing “America owes $40 trillion” misses the more important story. The real question for markets is: Who is willing to finance America’s growing debt — and at what interest rate? That question...
Business
Japan’s Bond Market Is Sending a Warning: 10-Year Yields Near 3% Put the BOJ and Government Under Pressure
Japan’s Bond Market Is Sending a Warning: 10-Year Yields Near 3% Put the BOJ and Government Under Pressure Japan’s once-unthinkably low borrowing costs are disappearing. As the 10-year Japanese government bond yield approaches 3%, investors are reassessing inflation, government spending, the yen and the next move from the Bank of Japan. Japan’s bond market is...
Business
Nike Stock Down 35%: China Crisis Deepens — Is NKE a Bargain or a Dangerous Value Trap?
Nike Stock Is Falling — But Is This Finally the Buying Opportunity Investors Have Been Waiting For? Nike (NYSE: NKE) is facing a problem that goes far beyond a weak quarter. The world’s most recognizable sportswear brand is trying to rebuild growth while dealing with declining sales in China, weaker direct-to-consumer revenue, intense competition and...
Business
Jamie Dimon Warns UK Against Bank Tax Hike: Could Higher Taxes Push Finance Jobs and Investment Abroad?
Jamie Dimon Warns UK Chancellor Against Higher Bank Taxes JPMorgan Chase CEO Jamie Dimon has issued a fresh warning to the UK’s new Chancellor, John Healey, over proposals to increase taxes on banks, arguing that a less competitive tax environment could ultimately push financial jobs and investment away from Britain. Dimon’s intervention comes ahead of...
Commodities
China’s “Ice Silk Road” After Hormuz: The Arctic Shipping Route That Could Reshape Global Trade
China’s “Ice Silk Road” Is Moving From Vision to Reality For decades, the idea of using the Arctic Ocean as a major commercial highway between Asia and Europe seemed more like a geopolitical thought experiment than a realistic alternative to the Suez Canal. That is beginning to change. China is increasingly looking toward the Northern...
Business
Trump Threatens Oman Over Strait of Hormuz as US-Iran Talks Reach Critical Point
Trump Threatens Oman as Strait of Hormuz Crisis Deepens US President Donald Trump has issued a stark warning to Oman, saying the United States could take military action if Oman interferes with Washington’s efforts to control shipping through the strategically important Strait of Hormuz. The comments, reported on August 17, come at a highly sensitive...