New York · United Statescryptocurrency
New York: Bitcoin has staged its strongest monthly advance since late 2024 as spot ETF inflows, a softer dollar and renewed concern over US government debt pull capital back into the asset.
New York ·
cryptocurrency
Solana has climbed back above $100 after a strong August rally. SOL is outperforming Bitcoin and Ethereum as crypto risk appetite broadens.
ai
Nvidia's latest results show AI infrastructure spending remains exceptionally strong, with data-center revenue up 117% year on year and a $108bn quarterly forecast.
economy
US GDP grew at a 1.5% annual rate in Q2 2026, but consumer spending and business investment suggest domestic private demand remained resilient.
economy
US personal income rose 0.4% in July and spending increased 0.2%, while PCE inflation was 3.7% year on year and the saving rate remained low at 3.0%.
policy
Federal Reserve minutes from July 28-29 show officials weighing solid US activity, higher oil prices and persistent inflation while keeping policy restrictive.
cryptocurrency
Ethereum surged about 18% in one day to above $2,250 as ETF inflows, short liquidations and improving crypto sentiment drove ETH sharply higher.
economy
US retail and food-service sales fell 0.6% in July 2026 but were 5.0% higher than a year earlier, showing a consumer market that remains active but uneven.
ai
Census data show US business AI use remains concentrated among larger firms, with 37% of companies employing 250 or more people reporting use in spring 2026.
startups
US business applications rose 8.1% in July 2026 to 578,926, while projected formations within four quarters increased only 0.7%.
cryptocurrency
Bitcoin held above $65,000 after the US Senate delayed the Clarity Act, with ETF inflows and a softer dollar supporting BTC despite regulatory uncertainty.
companies
US core capital-goods orders rose 1.2% in June 2026 while computer and electronics orders strengthened, showing continued business investment despite weaker total factory orders.
economy
US payroll employment fell by 23,000 in July 2026, unemployment held near 4.1%, and May and June job gains were revised sharply lower.
economy
US nonfarm business productivity increased 1.4% in Q2 2026 as output rose faster than hours worked, while unit labor costs increased 1.3%.
cryptocurrency
Bitcoin traded near $64,000 in early August while global equities reached records, highlighting crypto's weak recovery relative to US stocks.
policy
The US trade deficit narrowed to $73.3 billion in June 2026 as imports fell 1.8% and exports declined 0.9%, according to BEA and Census data.
economy
US job openings were little changed at 7.4 million in June 2026, while hires held at 5.3 million and quits remained at 3.2 million.
economy
US personal income rose 0.2% in June 2026 while spending increased 0.3%, pushing the personal saving rate down to 2.7%.
technology
Amazon raised its 2026 capital spending plan to about $220 billion after AWS revenue grew 37% to $42.2 billion in the second quarter.
technology
Microsoft reported 43% Azure growth in its June 2026 quarter and projected continued acceleration as enterprise AI demand supported cloud revenue.
economy
US new single-family home sales rose 1.6% in June 2026 to a 628,000 annual rate, showing modest improvement in a housing market constrained by borrowing costs.
policy
New US Section 301 actions on forced-labor enforcement across 60 economies increase compliance and sourcing risk for American importers and manufacturers.
companies
General Motors raised its 2026 profit outlook after Q2 core profit rose 30%, supported by US truck and SUV pricing despite tariffs and restructuring costs.
Free newsletter
One concise weekly briefing on US business, technology, AI, companies and economic policy: what moved, why it matters and what to watch next.