Business / Finance
Crypto Biz: Wealthy investors are buying crypto, but their advisers aren’t sold
Wealthy investors are embracing crypto faster than their advisers, while OKX attracts new funding and Strategy shifts more capital toward preferred stock buybacks.
Elon Musk just lost his trillionaire status again after three days—but he says ‘it’s not like it’s sitting in a bank account’ anyway
SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.
Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’
Even after Amazon cut 30,000 jobs, Jeff Bezos predicts AI will boost productivity so much that fewer people will need to work, creating a labor shortage.
Ledger Probes Potential Theft of $87M in User Funds Tied to Crypto Wallet Reseller
Ledger asked reseller CryptoBilis to pause sales and urged recent buyers not to set up their devices, as an onchain investigator tracked more than $86 million in suspected thefts.
Bitcoin consolidates near $82.5K as crypto weathers Ledger theft reports
Bitcoin and crypto markets eyed a recovery from Thursday’s drop despite concerns of another hardware wallet exploit.
China agrees to curb hybrid car exports to EU in landmark deal
Brussels says Beijing’s shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobsThe EU said it has reached a landmark deal…
Lost generation: the AI threat to Britain’s next great directors
Commercials once launched careers from Ridley Scott to Guy Ritchie, now automated production is cutting costs – and the chance to learn by doingWhen Ridley Scott was awarded the U…
Tell us your financial hopes and concerns ahead of the budget
Ahead of the budget later this month, we’d like to hear from people in the UK about what measures they feel might help – or not help – financiallyWe want to find out more about an…
New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky
Alex Mashinsky, already serving 12 years for fraud, settled New York’s civil case over claims he misled Celsius customers about the failed crypto lender’s safety.
Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen
The hardware wallet maker said it is investigating devices sold by a Southeast Asian reseller as social posts swirl about crypto assets drained from Bitcoin, Ethereum and Tron add…
Ex-Deutsche Bank trader jailed for rigging rates has conviction overturned
The Court of Appeal quashes the conviction of Christian Bittar, a former Deutsche Bank trader jailed in 2018.
Getting a job at Bending Spoons comes with no bonus, no fancy title, and a warning—800,000 people applied anyway
The $18 billion Italian tech company’s head of people operations explains why it warns recruits its work ‘isn’t for everybody,’ and shares the reasons why so many people still wan…
Iran war delays deliveries of contraceptives to African clinics that already face a $185 million funding shortfall as foreign aid dries up
The war has forced carriers to reroute contraceptive shipments, adding months of delays to a system already weakened by aid cuts
Authorities said Houthi-claimed attacks on Riyadh airport killed three Saudi citizens, as airlines suspend at least 124 flights
A deadly attack on Riyadh’s King Khalid International Airport marks a new escalation in the Iran war as oil prices and air travel stay volatile
Dragonfly partner rejects ‘bunker mode’ doomerism, calls for proactive blockchain measures
Dragonfly’s Qureshi argued that asset migration is not a real solution in case of AI models breaking cryptographic signatures, and urged blockchains to adopt proactive measures.
‘If we had rolled over, the wall would be up’: Texas landowners sue and protest against Trump’s $46 billion border project
They are refusing to give up land in Big Bend for the border wall, forcing the Justice Department toward eminent-domain fights
EU ‘pulling out all stops’ with minerals projects as it tries to avert China trade war
Commissioner Stéphane Séjourné says bloc will support 46 strategic projects including lithium and rare earths plantsThe EU is “pulling out all the stops” to fend off an imminent p…
France is world’s most dangerous place for Bitcoiners: 90 attacks in 7 months
French authorities recorded 90 crypto-related cases involving kidnapping, extortion, threats and violent theft in seven months. What makes France such a hotspot?
AI skills could mean bigger paychecks for finance talent
Employers are willing to pay more for new hires with AI expertise, but technical skills are only part of what finance leaders need.
Milos Maricic: listen for the AI number on next week’s bank calls
Economists have described tech bubbles in detail. The most remarkable thing about the AI cycle might be how closely it follows the blueprint.
Bitcoin Bleeds in Uptober—How Low Can It Go? Experts Weigh In
Experts highlight several support levels, from $83,000 down to $72,000, that Bitcoin may need to test in a bearish start to Uptober.
Tory tax break for banks has cost UK public purse £6bn, says TUC
Exclusive: Chancellor urged to reverse Rishi Sunak’s tax surcharge cuts to claw back billions in lost revenueBusiness live – latest updatesTax cuts for big banks have deprived the…
Mortgage Rates Today, Friday, October 9: Easing Down
A pause in active fighting in Iran could pump the brakes on inflation, which is good news for mortgage interest rates.
Burnham promises to curb non-compete rules in job contracts
The prime minister says restrictions on what workers can do after leaving roles have "gone too far".