Business / Finance
John Healey poised to raise taxes on banks in budget
Exclusive: Chancellor to target sector in his first budget to help offset damage caused by Iran war on public financesJohn Healey is poised to tax Britain’s banks in his 28 Octobe…
Blackstone’s Wesley LePatner did it ‘all at once.’ The foundation made in her honor wants 1,000 leaders to master work, civic life, and philanthropy
Her husband and a former Blackstone colleague say the late executive balanced career, community, and philanthropy, and they want to train others to do the same.
Cost of balancing Great Britain’s power grid reaches nearly £50m a day
Grid operator paying large sums to switch off windfarms in areas of excess electricity generation while turning on gas plants elsewhereThe cost of balancing Great Britain’s power …
Mastercard brings stablecoin balances into traditional banking and card payments
The launch of Global Money Platform marks Mastercard’s first major integration with BVNK since its August acquisition, with Nuvei and Marqeta among the first companies to adopt th…
Lisa Nandy ‘minded to intervene’ in Sky’s £1.6bn purchase of ITV
Culture secretary’s move paves way for deeper scrutiny of deal that would create UK’s biggest commercial broadcasterThe culture secretary, Lisa Nandy, has said she is “minded to i…
‘They are in a casino’: Broadcom is making billions off the AI boom, but CEO Hock Tan said many AI investors have ‘no clue’ what they’re investing in
Tan warned that investors are betting on AI companies that might not end up profitable, and that companies are ‘wasting money’ on AI experimentation.
Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion
Hot inflation data revived Fed rate-hike bets, and leveraged bulls paid the bill as nearly $1 billion in crypto positions were liquidated.
Cult venue Prince Charles cinema ‘saved’ after lease renewal signed
The much-loved central London institution, which has been threatened with closure since January 2025, secures 25-year lease without break clause with current landlordsThe celebrat…
Bitcoin slips under $80K after US PPI gains most in four years
BTC buyers attempted to defend $80,000 support after September US producer inflation overshot expectations by 100 basis points for the largest monthly gain since March 2022
Crypto for Advisors: Wall Street is done waiting on Congress for crypto rules
Microsoft’s CEO is still haunted by staying silent in a meeting with Bill Gates—years later, his boss Steve Ballmer taught him how to speak up
Satya Nadella still regrets staying silent in a meeting with Bill Gates around 2008-2009—but says the experience shaped his approach to career success.
Pope Leo XIV has lung cancer despite never smoking. Lung cancer screening only targets people who did
Under 2021 task force guidelines, screening covers adults 50 to 80 with a 20-year, pack-a-day history.
2% of donors supply 89% of college giving — something is going to give
Ken Griffin gave Carnegie Mellon more than $3 billion and the Knights gave Oregon $1 billion, yet Hampshire College is closing despite a $5 million gift.
Sen. Roger Marshall requested $4.2 million to help more water flow into a wildlife refuge but did not mention it could also benefit his ranch
A watchdog group said the Kansas senator's funding earmark was a conflict of interest 'He should have recused himself'
Ethereum, Altcoins See 'Outsized Drawdowns' Due to Macro Pressures
Market analysts say that macro factors are pushing altcoin prices down, after ETH, XRP, and SOL all dropped on the day.
Southwest to Tie Companion Pass to New Top Tier, Add Perks
Southwest is overhauling Rapid Rewards starting Jan. 1, 2027, with new Silver, Gold and Platinum tiers, a single points currency and new Icon airport lounges.
Early Look: Inside Southwest’s Upcoming Lounges
For people who like low fares and hate fees, Southwest Airlines is one of the best airlines out there — and the Southwest Rapid Rewards program is one of the…
Your gas station is selling Rhino, Anaconda and Magnum. It’s really secret Viagra
Seven products joined the FDA's warning list in September. A 2023 review found 112 unapproved Viagra-like compounds.
Russia to ban direct peer-to-peer crypto trades starting July 2027
Russia plans to ban direct P2P crypto trades from July 1, 2027, while separate rules already prohibit transfers from digital accounts to self-custody wallets.
Louis Vuitton won its $1.5 million fight with a beloved Chinese tea chain. The backlash may have cost it hundreds more
LVMH's CFO acknowledged the tea controversy hurt Louis Vuitton as weaker Chinese demand hit the luxury giant
Nasdaq-listed Tron sets up $200M ATM share offering to fuel TRX acquisitions
The Nasdaq-listed treasury company holds about $237 million in TRX tokens and plans to raise additional capital to fund its purchases, alongside its daily accumulation.
Giant Taiwanese chipmaker TSMC confirms it’s in talks with Elon Musk to join ‘Terafab’ complex in Texas: ‘The AI market continues to be very strong’
The chipmaker based in Hsinchu, Taiwan, recently has explored expanding its capacity outside of Arizona and Texas is among the options under consideration.
There are ‘six Americas’ on climate change, but only two on data centers
Massachusetts is requiring local approval for state permits and Vermont towns are moving to ban facilities.
Mortgage Rates Today, Thursday, October 15: A Little Higher
TL;DR: Mortgage rates went up today, but not as much as they could have.