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G20 finance leaders urged to boost global growth by cutting economic barriers at Asheville summit

Market News
31 Aug 2026
Fox Business
View Source
Bullish
G20 finance leaders urged to boost global growth by cutting economic barriers at Asheville summit

At the G20 Finance Track meetings in Asheville, Treasury Secretary Scott Bessent called on global financial leaders to focus on stronger, more durable economic growth by removing government-imposed barriers such as excessive regulations and fragmented markets. He highlighted the U.S. approach of deregulation and tax relief as a successful model to stimulate investment and wages, which was praised by IMF Managing Director Kristalina Georgieva. The summit aims to set the stage for further discussions on structural reform and financial stability ahead of the G20 Leaders' Summit later this year.

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Vertiv Holdings poised for growth amid AI and data center expansion despite recent 100%+ stock surge

Vertiv Holdings poised for growth amid AI and data center expansion despite recent 100%+ stock surge

Vertiv Holdings is positioned as a key player in the growing AI and data center market, which is expected to expand significantly with increasing capital expenditures. Despite the stock doubling in value over the past year, further growth potential r...

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4 hours ago
XRP Ledger sees fewer active users but surging transaction values driven by institutions

XRP Ledger sees fewer active users but surging transaction values driven by institutions

The XRP Ledger reached 8 million activated accounts in mid-2026, but daily active addresses have dropped sharply by about 61%, indicating less retail activity. Despite fewer users, average transaction values have soared to around $85,000, surpassing ...

Protocol Fundamentals
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Lighter (LIT) jumps 13% to $4.67, outpacing Hyperliquid and Ethereum amid Robinhood Wallet integration.

Lighter (LIT) jumps 13% to $4.67, outpacing Hyperliquid and Ethereum amid Robinhood Wallet integration.

Lighter (LIT) surged 13% to a new local high of $4.67, marking its third consecutive day of gains and outperforming both Hyperliquid (HYPE) and Ethereum (ETH) over the past five months. This rally is driven by increased network activity following the...

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4 hours ago
Weyerhaeuser shares hold as housing market weakness delays recovery, with slow rebound expected through 2027.

Weyerhaeuser shares hold as housing market weakness delays recovery, with slow rebound expected through 2027.

Weyerhaeuser's stock has declined about 7% over the past year due to weak demand from a prolonged downturn in the US housing market. Elevated mortgage rates and limited construction capacity continue to suppress lumber demand, delaying recovery likel...

Market News
Neutral
5 hours ago
US Bitcoin ETFs see $175M inflows, Ethereum ETFs add $27M amid strong crypto demand

US Bitcoin ETFs see $175M inflows, Ethereum ETFs add $27M amid strong crypto demand

On September 4, US spot Bitcoin ETFs attracted $175 million in net inflows, while Ethereum ETFs gained $26.46 million, continuing a positive trend in institutional crypto interest. These inflows follow a record $731 million Bitcoin ETF inflow on Sept...

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