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Stablecoin Card Spending Could Hit $50 Billion Annually by 2028 After Record $1 Billion Month
Global stablecoin card spending is projected to reach $50 billion annually by 2028, according to payments firm RedotPay. The forecast follows a record month, with stablecoin card spend crossing $1 billion for the first time in July 2026. Growth is running fastest across Latin America, Africa, and Asia-Pacific. July’s Record Month, By the Numbers Stablecoin-funded…
American Airlines Flight 2398 Laptop Fire Injures Passengers on August 21
American Airlines Flight 2398 experienced a laptop battery fire on August 21, injuring passengers. The FAA has recorded 58 lithium battery incidents this year, raising safety concerns for airlines.
Hanmi Pharm (KRX: 128940) Hits 30% Daily Limit on $2.3B Obesity Drug Licensing Deal with Genentech
Hanmi Pharm shares surged 30% on August 24, 2026, hitting the daily price limit after the South Korean drugmaker announced a licensing deal with Genentech worth up to $2.3 billion. The agreement covers HM17321, an experimental obesity treatment designed to reduce body fat while preserving muscle mass. Hanmi will receive $190 million upfront, while Genentech…
TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions. The deal combines global engineering…
Trump White House Legislative Director James Braid Exits in September
White House legislative affairs director James Braid is leaving his post in September. He led Trump’s legislative agenda through Congress, including major bills and Cabinet confirmations.
Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy
Oil prices fell on August 24, 2026, as traders booked profits ahead of new US sanctions targeting Iran. Brent crude slipped to around $93.17 a barrel, while WTI fell to $85.86. Both benchmarks had gained more than 5% last week as US-Iran talks stalled and supply risks grew. Markets are now watching Trump’s Iran strategy…
Australia’s H5 Bird Flu Crisis: 1,000+ Dead Birds, Mass Vaccination Push
H5N1 bird flu kills over 1,000 greater crested terns in South Australia. Authorities launch vaccination programs for little penguins and other wildlife as cases spread to all Australian states.
Mabuchi Motor Founder Takaichi Mabuchi Dies at 93 on August 22
Takaichi Mabuchi, founder of Mabuchi Motor (6592.T), dies at 93. He led the company from 1954 to become a global small-motor powerhouse. Stock trades at ¥1,770.50 with Meyka grade A.
Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.