Business / Finance
Bitcoin wilts as Fed rate uncertainty weighs. Kospi plunges 8%
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
Lawyer of arrested OpenAI engineer says allegations are ‘wholly out of character,’ one-way ticket to Saudi Arabia with wife and child was pre-booked
The arrest was a "surprise," said the attorney, and the suspect, Abdulrahman Alfozan, was "proud" to be an OpenAI employee.
VanEck seeks to withdraw application for Lido staked Ether ETF
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year.
Razer’s CEO waited 20 years for everyone to become a gamer. He says AI is finally making it happen
After going private in 2022, the gaming hardware maker is betting on AI companions, camera-equipped headsets, and game-testing tools.
Polygon gains US payments licenses after closing Coinme deal
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions.
How a Chinese-made toy gets to a US retailer
With Christmas on the horizon, we trace children's toys from factories in China to US shelves.
How much is the minimum wage?
What are the National Minimum Wage and the National Living Wage, and how much are they worth?
An Ohio police lieutenant allegedly used Flock cameras 29 times to track someone he knew. Now he’s facing a felony
Sharonville Lt. Walter Cordes faces up to a year in prison after he was indicted following a department audit of its Flock cameras.
Godfather of AI and 400 Scientists Want AI Models Cut Off From the Internet
After a summer of AI models escaping test environments and hacking real companies, hundreds of researchers say the internet itself should be treated as a security boundary.
UK hospitality sector to offer up to 100,000 jobs to young people out of work
Restaurants and pubs such as Nando’s and Fuller’s will create placements for 18- to 24-year-olds under DWP-backed schemeBars, clubs and restaurants will offer up to 100,000 jobs t…
Developer Who Cloned Photoshop With AI Just Did the Same to Microsoft Office
Developer Brandon Thomas used Anthropic's Claude to build free, open-source replicas of Word, Excel and PowerPoint. They're rough, but they show how cheap cloning software has bec…
Mark Carney told middle powers to grab a seat at the geopolitical table. The private sector got there first
Private firms—not states—are writing the rules of the AI era.
Organizations join forces to fight Illinois crypto tax, after 6-month pause
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits.
Yum! Brands executive pushes back against AI hate: Taco Bell drive-thru bot has helped increase employee retention by making jobs easier
“I'm seeing all the data center noise and all the things that people worry about with AI, and there's that constant tension,” Yum! Brands Chief Legal Officer Erika Burkhardt said.
Citi CEO Jane Fraser on the next phase of her turnaround: To be the best, Citi has ‘to beat the best’
Five years into Citi’s turnaround, the No. 1 Most Powerful Woman says the heavy lifting is done—and AI will shape what comes next.
AI Agents Made 138 Million Crypto Payments in a Year. Most Were Tiny
A new Chainalysis report found payments through Coinbase’s x402 protocol surged from about 1,500 in mid-2025 to more than 138 million by Q3 2026, with U.S. wallets dominating spen…
25 years ago, Netflix laid off a third of its employees and learned a lesson about ‘talent density.’ New cuts will test whether it still works
Netflix is only laying off 6% of its workforce now. Here's a look back at the defining cuts for the company, in 2022 and 2001.
Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin
Sberbank now holds both custody and exchange status under Russia's new crypto law, and plans to bring Bitcoin, Ethereum and USDT to apps used by 110 million retail clients.
Nvidia’s Jensen Huang responds to Pope Leo’s AI safety criticism— ‘We all care about the same thing’
"He's asking all the right questions and he's thinking about all the right issues," Huang told Fortune in an interview.
Solana Sets a Date for Its Next Major Upgrade
Solana's Alpenglow upgrade replaces the TowerBFT voting system on October 21, cutting finality from 12.8 seconds to a target of 150ms and pulling vote transactions out of blocks e…
OpenAI’s London staff receive average of £2.3m per person annually
Accounts for the Westminster-based company behind ChatGPT show that 110 staff shared £87m in salaries and £168m in shares last yearOpenAI’s London staff each received £2,318,181 o…
EU authority classifies Circle’s USDC as ‘significant’ under MiCA
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“
‘The way work gets done is changing across every industry’: Kroger cites AI efficiency push as it cuts 3,000 corporate jobs
Kroger says corporate cuts will help fund lower prices, but an analyst cautions that meaningful savings depend on where the money goes.