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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.
Solana Climbs 4.7% to $91.76 as Network Speed Upgrade Launches
Solana rallies 4.7% to $91.76 on August 21 as the network begins a block time reduction upgrade aimed at doubling transaction speed.
Hong Kong Silver Bonds 2026 Open for Subscription at 4.25% Rate on August 21
Hong Kong Silver Bonds 2026 now open for subscription until September 4. Guaranteed 4.25% annual rate beats bank deposits at 2-3%. Three-year bonds issued September 15 for Hong Kong residents born 1967 or earlier.
Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
Scott Bessent Pushes Treasury Buybacks as Bond Vigilantes Challenge US Debt
Scott Bessent doubled Treasury’s long-term bond buyback program on August 19, 2026, raising the per-operation cap from $2 billion to at least $4 billion. The Treasury secretary told CNBC Thursday the size could climb even further. Yields fell sharply on the news, with the 10-year note dropping 5.7 basis points to 4.647%. Bessent’s move directly…
5.3 Million Australians Get Centrelink Boost From September 20
More than 5.3 million Australians will receive higher Centrelink payments from September 20, 2026, including pension, JobSeeker, and Youth Allowance increases. Deeming rates also rise.
X JAPAN’s YOSHIKI Donates ¥10M to Chiba After Record Floods on August 20
X JAPAN’s YOSHIKI donates ¥10 million to Chiba Prefecture disaster relief after record August 13-14 floods. The musician has given ¥10 million three times in 2026 alone.
5.3 Million Australians Get Centrelink Boost From September 20, 2026
From September 20, 2026, over 5.3 million Australians will receive higher Centrelink payments. Age pensioners gain $36.80 to $1,237.70 per fortnight. JobSeeker rises $16.20 to $833.70. Total relief: $4 billion.
US National Debt Surpasses $40 Trillion for First Time, Raising Fresh Fiscal Concerns
The US national debt surpassed $40 trillion for the first time this week, the Treasury Department confirmed Wednesday, August 19, 2026. Total public debt outstanding reached $40.047 trillion as of August 18, just five months after crossing $39 trillion. The milestone comes as the annual deficit is projected to hit $2.1 trillion by fiscal year-end…