Business / Finance
Elon Musk wants to build AI satellite factories on the moon—and now SpaceX will compete for NASA’s $10 billion in contracts to build a lunar base
NASA wants to put astronauts on the moon for the long haul, while SpaceX envisions industrializing it long-term.
Mercado Bitcoin to resume cash withdrawals after $49M hack
Starting next week, customers can deposit and withdraw money through Brazil’s instant payment system. Crypto transfers remain suspended.
Growth at all costs is not a sustainable policy | Letters
The key task should be to ensure that essential services improve the wellbeing of individuals and local communities, writes Peter Riddle. Plus letters from Sheila Triggs and Steph…
Is it fair to give EU students discounted university fees in the UK? | Letters
Vicky Wolmuth says the subsidy is unfair to British students, but Moira Hankinson writes that it would offer employers students with a wider outlookI was appalled to read that the…
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.
Hot US inflation raises odds of half-point Fed hike in December
US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.
UK social media ban expansion for under-16s could cover YouTube Kids
Regulations under consideration could affect up to 150 platforms, including LegoPlay, Spotify and eBay, sources sayA substantial expansion of the social media ban for under-16s co…
One mom tallied 23 hours a week of household work. Then she built a company to turn ‘invisible labor’ into a paid profession
Sage Haus founder Kelly Hubbell now places house managers with families in the U.S. and Canada.
Democrats press White House on prediction market betting by staff
The inquiry builds on a July case involving Trump’s teleprompter operator, who allegedly made $100,000 betting on his speeches.
Polymarket US trading volume jumps 266% despite regulatory battles
Trading volume on Polymarket’s US exchange surged from June to October, fueled by sports betting, even as the platform faces mounting regulatory scrutiny.
Crypto is now teamed up with U.S. government in two legal battles over perps
Twice now, crypto firms have found themselves on the side of the U.S. Commodity Futures Trading Commission in holding that perpetual futures aren't swaps.
Call it tough love, with the love removed: it’s Kemi’s war on benefits claimants
The Tory leader outlines her £36bn welfare cuts, again, to an audience of an age and a wealth that they don’t need to workCall it tough love. Only without any of the love bit. Let…
‘I Play Rocky’ writer says rival studios balked at ‘advertising another studio’s franchise’
Fifty years after Rocky, a Stallone biopic that started as an indie spec script gives Amazon MGM a fresh way to sell a $1.9 billion franchise.
Bilt CEO Ankur Jain is betting AI and sports fandom can drive local spending—starting with free beers when the home team wins
Sports, local businesses, and fans all stand something to gain from Bilt’s new software.
Car Insurance Soars for Drivers With Poor Credit; Here’s What to Do
Over the past three years, drivers with poor credit have seen auto insurance premiums go up nearly 38%, NerdWallet’s 2026 Auto Insurance Rates Report found.
Memory chip CEO warns 2027 shortage will be so bad that ‘even money can’t buy goods’
The CEO of Taiwan’s Team Group says the worst of the memory shortage runs through mid-2027, with prices still climbing and supply balance unlikely before late 2028.
Bitcoin Falls as Hot US Inflation Fuels Fears of Bigger Fed Rate Hike
Bitcoin fell below $74,000 after October inflation beat forecasts, increasing pressure on the Federal Reserve to raise rates again at its December meeting.
Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat
Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.
Anthropic sets IPO range valuing it at up to $1.4 trillion amid AI stock sell-off
Anthropic has launched the roadshow for its long-awaited initial public offering—setting a price range of $70 to $78 per share. Even at the top end of the range, it's well short o…
Flying cars could launch in China next summer, maker of two-seat model says
XPeng says its $300k low-altitude device will soon be ready for emergency services and recreational use in rural areasPeople could start taking trips in flying cars in China as so…
Anthropic targets valuation of up to $1.4tn in stock market flotation
Claude chatbot developer had been reported to be aiming for $2tn IPO on Wall Street before investors cooled on AIAnthropic is seeking a valuation of up to $1.4tn (£1.05tn) in its …
AI companies want agents to handle your everyday errands—but Uber, DoorDash, and Airbnb say barely anyone is using them for that
Uber reported just four rides booked by outside agents in one week, while DoorDash and Airbnb also saw negligible activity.
Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and yield-bearing products …
Jensen Huang’s net worth drops $6.5 billion as Nvidia stock slides in the fallout of spy affair scandal investigation
Jensen Huang is no longer one of the top 10 richest billionaires in the world, tumbling down past Walmart heirs Jim Walton and Rob Walton.