Business / Finance
Trump to close historic DC golf course for 15 months of renovations, citing ‘disease infested trees,’ despite judge’s order to halt development plans
The judge ordered the government to explain whether its position had changed from a court filing that said “at most” Trump has given “preliminary thought” to the rebuilding plan a…
The next AI race will be won at the credit desk
Nvidia's $500 billion financing push shows the AI race now hinges on capital markets, not just engineering.
Iran is running out of money and can’t even pay its troops as U.S. blockade chokes the economy, Central Command says, while domestic unrest grows
"The Islamic regime is clearly feeling the economic pain, and the IRGC is increasingly showing signs of greater desperation as a result."
The White House's crypto chief departs: State of Crypto
Patrick Witt announced his departure from the White House last week.
Canada suffers one of the worst peacetime tragedies for its military on domestic soil as four service members die in a fire at a base in Alberta
Fire crews scrambled late Saturday as fierce winds whipped flames beyond Canadian Forces Base Wainwright and into the surrounding rural area.
Official data show China is dumping more U.S. Treasury debt. But it may actually be a stealth buyer, with a big stash suspiciously piling up in Canada
Canada's holdings of U.S. Treasuries soared to $465 billion in August from just $169 billion five years ago.
Gen Z started building wealth at 19—13 years before boomers did. Most still say they can’t get ahead
A new U.S. Bank survey finds 56% of Gen Z did everything “right” financially and still aren’t where they hoped to be. Sky-high housing, tuition, and car costs explain why—and empl…
Microsoft pulls out of UK's largest AI data centre
Tech firm Nscale says it is still committed to building the site in Essex.
Wall Street freaked out Friday. VIX and bitcoin say the fear may fade Monday.
Wall Street's fear gauge, the VIX index, spiked on Friday as stocks dropped. History says Friday panics usually fade on Monday. Seasonality and calm bitcoin suggest the same.
MapQuest Now Shows Drivers Where Flock Cameras Are Watching
MapQuest’s app now offers an optional map layer that plots known license plate readers from Flock Safety and other vendors, as backlash against the cameras grows.
Latvia eyes crypto tax payments in 2027 as parliament overhauls crypto taxation
Parliament passed a law taxing crypto withdrawals above deposits rather than individual trades, featuring a one-time declaration mechanism.
Egypt’s president vows to use ‘any measure’ to defend Saudi Arabia and seeks authorization to deploy troops abroad as battle against Houthis escalates
Parliament convened Sunday and will continue deliberations on Monday.
A former Trump Organization executive vice president says Trump ‘could be a better negotiator if his ego didn’t get in the way’
“Any concession that should be made, he can’t make. Then, with the other parts of it, nothing can continue. He just has to win everything.”
Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks as Uptober Stays Red
Bitcoin ETFs lost a net $228.6 million this week, following a $681.1 million drain the week before and pushing October deep into the red.
While consumers are angry about high-tech ways to set prices, a study of dynamic pricing found half the U.S. changes it recorded were decreases
“There are major tensions happening right now between who’s really going to have the power with some of these algorithms and usage of bots and AI: the companies or the shopper.”
Manchester City owner’s £55m housing loan while Burnham was mayor investigated
Scrutiny committee looks into financing of Manchester Life project as PM promises ‘full transparency’A £55m loan to Manchester City’s Abu Dhabi owner will be investigated as part …
Trump, who owned the Miss Universe pageant, touts how handsome GOP candidates are, even praising parts of their body. ‘Look at this beautiful guy’
“I examined his ass. I never did that with a man before. I examined his ass. And then I looked at his shoulders. I looked at his feet. I looked at his hand. I looked at his jawlin…
Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash
Analytics firm Allium said stablecoin payments hit $482 billion this year so far, up 45%, as card spending surges and global payment firms add crypto rails.
‘We’ve already won.’ Alberta separatist leader vows to continue independence movement regardless of outcome of key vote on Monday
Albertans will decide whether to remain a province or begin the legal process toward a future referendum on separation.
Most Americans polled oppose betting on elections: Reuters
The prediction market industry enables people to bet on US elections and sporting events.
What are self-replicating ‘AI worms’, and why is Anthropic worried about them?
The tech company says successful AI worms need more capability on less powerful devices, but current trends make that feasible by the end of the yearWarnings about what artificial…
Melinda French Gates has a 48-hour rule for criticizing employees. The billionaire philanthropist says it’s because ‘being clear is kind’
The billionaire philanthropist’s 48-hour feedback rule is designed to replace anger with honesty, and it eliminates surprises at performance reviews.
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Even without a college degree, Costco CEO Ron Vachris rose from the warehouse floor to the corner office—guided by his father’s advice.
Tim Cook says late Apple cofounder Steve Jobs gave him this unforgettable advice before handing over the reins as CEO: ‘Never ask what I would do’
Former Apple CEO Tim Cook says the advice from Steve Jobs was a “gift” in leading the $4.86 trillion tech giant: “I just put my head down and thought, ‘I’m going to be the best ve…