Business / Finance
DeepSeek fires back at U.S.federal agency ban as ‘overstretching of the concept of national security’
The U.S. said DeepSeek’s models "present multiple threat vectors" like servers hosted in China and the potential for China to get sensitive data
No wonder the White House wants Warsh to cut: A 1% Fed rate hike costs the Treasury an extra $95 billion a year in national debt interest
"Even if primary deficits remain largely unchanged, the growing interest burden materially increases the government's financing needs," the analysts wrote.
FINMA approves Switzerland’s first Bitcoin ETF for retail investors
The Swiss regulator cited a growing appetite for cryptocurrency investments and said that multiple fund providers have submitted Bitcoin ETF applications.
‘I want to see red’: General Motors is teaching its engineers to fail fast and ‘speak fearlessly’ as they take the EV battery fight to China
Tesla veterans Sterling Anderson and Kurt Kelty are pushing a "no sacred cows" vibe. "If everything’s green, you obviously are not stretching hard enough."
Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading
Seven more issuers have opted out of being listed on the planned tokenized stock venue under the SEC's framework, bringing its disclosed objection count to 16.
Drift exploiter sends $61M ETH to Tornado Cash, holds $194M
The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation.
US bans use of China’s DeepSeek AI tools by government agencies
Use of tools ‘may result in the transfer of sensitive data’ to China, defense department saysThe US government on Monday ordered its agencies to stop using artificial intelligence…
I’m a CTO. AI still needs your human expertise | Madhu Shashanka
AI is increasingly getting good at doing some tasks, but it can never replace human workers’ judgmentAutonomous cars, which may be the safest we have built, keep getting easily av…
Current price of oil as of October 20, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
Tx launches USTX stablecoin to pull RWA liquidity onto its chain
The Brale-issued token can be minted with USDC from eight networks and is designed to settle tokenized stocks and other assets on tx.
Mortgage Rates Today, Tuesday, October 20: A Slight Increase
Mortgage interest rates are a little higher as the market shakes off some of its recent AI-related anxiety.
Lloyds and Barclays among UK banks named in crypto transfer complaints, advocacy group says
UK banks are facing scrutiny over crypto transfer limits and bans as Stand With Crypto reports thousands of complaints ahead of the country’s 2027 regulatory regime.
Morning Minute: Nine Blue Chip Companies Say No to Tokenized Stocks
If companies are objecting, does that deflate the tokenized stock hopes before they begin to materialize? And who is impacted the most?
Exclusive: AI security company Gray Swan relaunches its red-teaming Arena contest for the era of AI agents
Gray Swan's new Arena includes $300,000 in prize money for developing tactics to jailbreak models from leading AI companies
Exclusive: Daytona, a startup building the ‘agentic cloud,’ valued at $1 billion in latest funding round
The startup, which raised a $60 million Series B round, argues that AI agents demand a new kind of cloud infrastructure
Two decades ago, he asked what’s the matter with Kansas? Now he’s back to look at the 70-year con of ‘creativity’ and ‘innovation’
"Nobody gives a damn about the creative class anymore": Thomas Frank talks about how AI could turn the innovation cult against its believers.
‘I love taking VC dollars and turning it into jobs’: inside SendCutSend’s $2.1 billion bet on American metal
Jim Belosic avoided VCs for years while 60% of the Fortune 500 became customers.
Paddy Power-owner cuts 1,400 jobs and blames betting tax rises
The government increased taxes on online casino and sports betting in last year's Budget.
France's parliament approves vote to hit stablecoin trades with 31% capital gains tax
Amendment I-3898 removes tax deferral for MiCA-compliant stablecoins starting January 2027.
Netflix FTX trailer was ‘enough to upset me’ in first 30 seconds: former FTX COO
Constance Wang criticized the streamer’s portrayal of her former FTX colleagues as not matching her own experience with Sam Bankman-Fried and Caroline Ellison.
£30 rise in payments for crisis-hit households
More money is made available through a resilience fund for hard-pressed households in Sheffield.
Equity weakness could damp demand for bitcoin after biggest ETF inflows in a month
Your day-ahead look for Oct. 20, 2026
Kazakhstan court orders curbs on Coinbase, BingX and four others
Nine other crypto platforms voluntarily restricted app access in Kazakhstan, prompting the regulator to withdraw its claims against them.
JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade
The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios.