Business / Finance
The last lace mill – in pictures
MYB Textiles Ltd is the last mill in the world weaving patterned Nottingham lace on traditional looms. Once there were 20 lace mills in the Irvine Valley towns of Newmilns and Dar…
Heat pumps and insulation would cut UK living costs more than new oilfields, study suggests
Warm homes plan would create 50,000 jobs, compared with about 1,100 for Rosebank oilfield, thinktank findsInsulating Britain’s homes and investing in heat pumps would do more to c…
£3,500 and no work done: the offer to help that’s really a roofing scam
Citizens Advice warns of its No 1 scam as growing number of people are targeted by criminals posing as roofersThe builder who calls at your door says they are doing some work in t…
Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.
There's a crackdown on sports piracy - but is it already out of control?
The sports industry's lucrative business model is being undermined by dodgy TV sticks and illegal streaming links, writes Theo Leggett.
Mark Carney makes closing argument to Alberta against path to independence from Canada: outsiders ‘are working to break us so they can own us. Never’
“Don’t let anyone tell you this is already decided. Turnout will determine the outcome,” Carney told a pro-Canada rally in Edmonton, where he grew up.
‘France, truly, is on the brink’ and just days away from a make-or-break moment in its debt crisis, analyst warns, as protests turn into riots
"France could be forced to seek assistance from the International Monetary Fund and to pray for it from the European Central Bank — a humiliation for the world’s seventh-biggest e…
How day of protests unfolded as disorder breaks out across France
Demonstrations across the country turned violent, with cars and buildings set alight and shops ransacked.
‘I can do stuff that is unbelievable.’ Trump boasts about his self-proclaimed power and tells voters DOD will revive a Kentucky drug plant if GOP wins
"This is a much more powerful term,” Trump said. “Google wouldn’t have taken my call in the first. Now, they kiss my ass."
In midterm races, Democrats are using the Iran war to target Republicans—even some who never served in Congress and couldn’t have cast votes on it
It's the culmination of a strategy Democrats launched in the spring, when they began to repeatedly bring up war powers resolutions aimed at ending the conflict.
‘How many canaries have we killed in the coal mine?’ — Wall Street debates if the latest AI bubble warnings are another head fake or the real thing
"I don't know whether this is the breaking point or another 25 or 50 basis points higher is the breaking point."
Alberta has the world’s fourth-largest oil reserves and sends 90% of its crude exports to the U.S. — It will vote on a first step to leaving Canada
The 2022 Freedom Convoy began over vaccine requirements for cross-border truckers but grew into a broader revolt against pandemic restrictions.
Crypto Super PAC Fairshake Pours Millions More Into Defeating Sherrod Brown
An FEC filing shows the Fairshake affiliate Defend American Jobs disclosed roughly $7 million more in ads against the Ohio Democrat, pushing its total past $46 million—days after …
Goldman, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat
The largest banks in the world are eyeing new trading opportunities, speeding up payments and a role for advisers as tokenization takes root in Wall Street.
U.S. debt interest payments hit $3 billion a day and jumped 8% in fiscal 2026 — faster than total federal spending, revenue and GDP growth
Net interest payments rose 8% to $1.05 trillion in fiscal year 2026, while revenue increased 3% to $5.4 trillion and spending grew 6% to $7.4 trillion.
Crypto Firms Launch Quantum Alliance as 6 Million Bitcoin Sit Exposed
The nine-member group, modeled on the Internet Engineering Task Force, aims to set open standards for testing quantum-resistance claims as forecasts place the first practical atta…
Chinese Startup StepFun Launches a Phone Built Around an AI Agent, Not Apps
StepFun's STEPX Neo opened for pre-orders in China on Oct. 13 at 3,999 yuan, with an AI agent built into the operating system instead of bolted on as an app.
Citrini sees a tokenization boom. The harder question is who profits
The influential research firm says real-world assets could finally give blockchains a clear role in finance. For investors, the next challenge is figuring out which companies, net…
Elon Musk agrees to settle lawsuits over 2024 election lottery
Trump-boosting billionaire was sued over promise to give away $1m per day to random signatories of petitionElon Musk and his America Pac political action committee said recently …
States sue OpenAI, saying it gives life to ‘cyberhacking agents’ while ChatGPT hurts children and deceives adults
OpenAI said it has built safety protections into ChatGPT for children, and that it would continue to do so to improve the model.
The Iran war has cost the average U.S. household the equivalent of almost $2,000, and the energy portion goes up $50 a week, top economist says
The tally includes $1,100 in higher energy prices, $540 in higher interest rates and $360 in military costs.
Low-cost clinic helps pet owners with vet bills
RSPCA Medway West launches its clinic for the pets of people with low incomes.
Congress passed the Russia sanctions bill named for Lindsey Graham with bipartisan support. Trump just put it on hold a month after signing it
Trump's unexpected decision comes a week after he stunningly said the U.S. had agreed to purchase diesel from Russia.
Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe
CEO Marc Boiron said the Coinme acquisition will help Polygon control customer relationships and capture revenue that previously went to payment intermediaries.