Business / Finance
Badenoch’s inheritance tax gambit makes no economic sense | Heather Stewart
The Tory leader’s proposal to slash the tax would shovel £6bn of taxpayer money to the already-wealthyKemi Badenoch’s inheritance tax gambit is a Conservative classic. After all, …
Burnham, take note: water shareholders have their uses – they can be squeezed for cash | Nils Pratley
Owner of South West Water, Bristol Water and Bournemouth Water is tapping its investors for £550m after sewage spillsSouth West Water owner taps investors after sewage spillsWater…
What Does ‘Tax the Rich’ Actually Mean?
“Tax the rich” can mean far more than higher income taxes. Here’s how candidates are defining it.
Beware rightwing economic myths such as ‘maxing out the nation’s credit card’ | Letters
Readers respond to an article in which Larry Elliott argues that Andy Burnham must challenge neoliberal nostrumsLarry Elliott’s column on the rightwing economic myths constraining…
‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left
TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodusApparent exodus of super-rich suggests UK is no longer billionaires’ playgroun…
US Government Moves $103 Million in Seized Bitcoin and BNB, But Hasn't Said Why
Government-labeled wallets sent 833.6 BTC to Coinbase Prime deposit addresses and shuffled 40,285 BNB. No sale is confirmed, but the stash behind it is the largest any government …
I led the Big 10’s $2.4 billion public-capital venture. Here’s what college sports needs next
Universities pay professional prices for talent but neglect the infrastructure that helps teams win.
How drone warfare is rewriting the economics of infrastructure
Cheap drones are turning concentrated infrastructure from a cost advantage into a security risk.
Dropbox’s CTO wants every employee at the cloud-storage company to use AI. He’s letting them find their own ways to use it
Dropbox CTO Ali Dasdan has focused on making AI tools widely available and empowering employees to experiment, rather than mandating usage from the top.
AI is a power tool. People are essential for using it
For new graduates, AI fluency paired with sound judgment can be a competitive advantage.
Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or fiat-ramp operator.
Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenization
The agreement will explore a tenge-backed stablecoin pilot and a framework for tokenizing real-world assets as Kazakhstan expands its digital asset industry.
The great Boomer hoard: Americans 55 and over hold $140 trillion, roughly three-quarters of total net worth
Older households' net worth rose more than 20% in two years on the back of an AI-fueled stock rally, and boomers hold most of it.
Iraq devalued its currency as the Iran war squeezes its oil exports
The devaluation gives Baghdad more dinars for every export dollar but risks making imported goods costlier for households and businesses
House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY bill
Representative French Hill hopes lawmakers could pass a cryptocurrency market structure bill before the next session of Congress in 2027 as SEC and CFTC actions weren’t sufficient
I Like E*TRADE’s Savings Account, Just Not for My Emergency Fund
The E*TRADE from Morgan Stanley Private Bank Premium Savings Account is solid but its slow transfer times left me wanting more.
OpenAI’s release of mathematical findings draws concerns from experts
Leaders worry OpenAI is not doing due diligence to vet results and that AI models aren’t accessible to broader field of mathematicians OpenAI has astounded mathematicians after re…
French wine industry facing historic low harvest after extreme summer heat
This year’s harvest is expected to be down 2% on mediocre 2025 yield, which was lowest in nearly 70 yearsFrance’s wine industry is facing a historic low harvest after the country …
Coinbase brings global crypto derivatives liquidity to US with Deribit integration
US institutions will gain access to Deribit’s options and perpetual futures through Coinbase, with US retail options expected later this year.
Bitcoin Dips Below $83K as Oil Shock Rattles Markets: What Happens Next?
Bitcoin fell sharply as oil topped $101 and the 30-year Treasury yield hit its highest since 2002. The daily chart still leans bullish. The four-hour chart disagrees.
Billionaires have left the U.K. and taken $160 billion to the likes of Monaco, Switzerland, and the UAE—that’s more than those who stayed are worth
The ultra-rich have exited the U.K. for tax safe havens. A steel billionaire quit Britain after 30 years for the Alps, and an 88-year-old fled to Monaco.
IMF chief slams’ cowardice to make ‘tough political choices’ on AI, national debt: ‘you have the tools, now have the wisdom’
Kristalina Georgieva has a message for the world's economic policymakers: "we cannot keep delaying necessary policy action."
Republicans fear 2:1 cash advantage will lose to toxic Trump unpopularity: ‘A million dollars of advertising in October is a drop in the bucket’
The GOP has twice as much cash as Democrats, but soaring political ad rates and voters' frustration with rising costs could blunt its advantage
Ex-Barclays traders jailed for rigging interest rates have convictions quashed
Acquittals of five former bankers come year after supreme court overturned ruling against City trader Tom HayesFive more former traders who were jailed for rigging interest rates …