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News Powered By AI

US treasury doubles debt buyback to steady bond market amid inflation fears

by News Feed Editor | Aug 19, 2026 | Business

The US Treasury announced it is doubling its government debt buyback program to stabilize bond markets as Federal Reserve officials remain divided over combating persistent inflation.

Jaecoo owner Chery takes ‘next step’ in UK push with R&D centre

by News Feed Editor | Aug 19, 2026 | Business

Chinese carmaker Chery announced plans to establish a major research and development centre in England as part of its long-term UK expansion strategy, following rapid growth in market share.

81,000 warning letters sent to crypto holders in HMRC tax crackdown

by News Feed Editor | Aug 19, 2026 | Business

UK tax authority HMRC sent over 81,000 warning letters to cryptocurrency holders in the past year regarding potential unpaid capital gains tax, nearly tripling the volume from 2024.

What’s happening to UK interest rates and mortgage deals?

by News Feed Editor | Aug 19, 2026 | Business

The Bank of England has held UK interest rates at 3.75%, their lowest level since February 2023, as Middle East conflict pushes inflation higher and complicates future rate-cut prospects.

Baby products company Frida is expanding into kids’ personal care

by News Feed Editor | Aug 19, 2026 | Business

Baby products company Frida is launching a new line of personal care products for children ages 6 to 11, available at Walmart and Amazon, filling what executives describe as a significant market gap.

Why JPMorgan is investing big in the 2028 LA Olympics

by News Feed Editor | Aug 19, 2026 | Business

JPMorgan has become the Los Angeles 2028 Olympics’ first-ever global banking partner in a nine-figure deal, boosting the firm’s sports industry investments and signaling confidence in the Games’ sponsorship restructuring.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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