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Bitcoin Surges Past $71,000 as Trump Backs Crypto Clarity Act, August 21
Bitcoin surged past $71,000 on August 20 as falling US Treasury yields and Trump’s crypto meeting sparked a $2.7 billion short squeeze. The rally marks the coin’s highest level since early June.
SATS Slides 13.6% After Q1 Profit Growth Slows on Margin Squeeze
SATS stock drops 13.6% to S$4.12 after Q1 earnings disappoint. Net profit rose 6% to S$75.1M but margin compression from geopolitical tensions weighs on investor sentiment.
Jennifer Hegseth’s Pentagon Role Sparks Controversy on August 20
Jennifer Hegseth, Defense Secretary Pete Hegseth’s wife, has become his most influential Pentagon adviser, attending sensitive meetings and helping shape press policies. Former Pentagon officials call her role unprecedented and concerning.
JD Sports Stock Plunges 10.98% as Retailer Cuts Profit Outlook on Weak Sales
JD Sports stock plunged 10.98% on August 20, 2026, after the sportswear retailer lowered its full-year profit outlook following weaker second-quarter sales. Group like-for-like sales fell 3.1%, while North American sales dropped 6.8%, adding pressure to the company’s growth plans. JD Sports now expects adjusted pre-tax profit of £700 million to £800 million, below its…
UK Stock Market Today: FTSE 100 Falls 0.27% to 10,714.38, Eyes 10,750 Open as Oil Stays Above $91
The UK stock market slipped Thursday, with the FTSE 100 trading around 10,713 points, down roughly 0.3% from Wednesday’s close of 10,743.35. The decline snapped a brief rebound after Wednesday’s 0.14% gain ended a six-session losing streak. Brent crude held above $91 a barrel, adding pressure on rate-sensitive sectors. JD Sports Fashion led individual losses…
Hays Stock Rises 0.52% as Recruiter Cuts Dividend 65% Amid Hiring Slump
Hays stock edged up 0.52% on August 20, 2026, after the recruitment giant posted FY26 results. The company cut its total annual dividend by 65%, from 1.24 pence to 0.44 pence per share. Net fees fell as hiring activity stayed weak across Hays’ key markets. Investors focused on cost cuts and stabilizing margins rather than…
Strides Pharma Stock Rallies 10% as USFDA Concludes Bengaluru Inspection
Strides Pharma shares surged 11% to ₹1,055.90 on the BSE on August 20, 2026. The rally followed news that the company’s flagship Bengaluru facility received a USFDA Establishment Inspection Report. That report confirms successful closure of a cGMP inspection conducted in May 2026. Heavy trading volumes accompanied the sharp intraday move. What the USFDA EIR…
Former Fauci Adviser Morens Pleads Guilty to Hiding COVID Records on August 19
Former NIAID adviser David Morens pleads guilty to conspiracy to conceal COVID-19 research records. He faces up to five years in prison at sentencing on November 12, 2026.
Social Security COLA 2027: New 3.6% Estimate Shows a Smaller Raise for Retirees
The Social Security COLA for 2027 now stands at an estimated 3.6%, according to The Senior Citizens League. That’s down from 3.8% forecasts published in June and July. The drop follows July’s Consumer Price Index report, which showed inflation cooling to 3.4% year-over-year. Retirees would still see the largest benefit bump in four years if…