Business / Finance
The latest status symbol of the 1% is a third kid. ‘It has become rarer for everyone else,’ says an economist
49% of top-1% earners have three or more kids, vs. about 40% of the rest of the top 10%, economist Mike Konczal found in Federal Reserve data.
Revealed: how a UK firm is spearheading growth in trade of US fracked ethane
Ineos is driving exports with potentially far-reaching environmental and social repercussions“My children started getting sick,” says Lois Bower-Bjornson, a campaigner at the Clea…
D.C. is a New York town: The president, next speaker and Senate majority leader grew up within 11 miles of each other—what it means for the Big Apple
Gov. Kathy Hochul already wants ‘a few more billions’ for New York, starting with a tunnel Trump says Schumer spent 20 years chasing.
Binance France emails announce closure of its users’ accounts on Dec. 31
Any assets left on the exchange will be charged monthly fees starting on Nov. 29, company says.
These Finland homes get free heat from bitcoin miners (as long as BTC stays above $70,000)
A Finnish startup has 30 bitcoin mining systems working as central heating, and at today’s prices each one earns slightly more than the electricity it burns.
Republicans saw Indian Americans as ‘natural conservative voters.’ But Trump’s second term undid the gains as their support for Democrats shot up
Trump gained ground with Indian Americans in 2024, but his immigration politics and MAGA racism reversed that.
1-0 to humankind? US midterms vote puts AI, datacentres and the broligarchy back in their box
Election results appear to have turbo-charged an already growing social, political and financial market rethink about AI‘AI clog’: UK battles onslaught of chatbot-generated compla…
Coffee giant Dutch Bros made all of its executives, including the CEO, do a two-week bootcamp where they learned how to pour drinks and run stores
Dutch Bros CEO Christine Barone and senior leaders have to complete six shifts of hands-on shop training, sharpening their hospitality skills and perfecting drinks.
FEMA’s maps undercount the U.S. flooding risk by about 6 million homes — and some of those maps are two decades old
Most homeowner’s policies don’t cover flood damage.
JP Morgan Athlete Center of Excellence: athletes need a financial playbook now more than ever
These aren’t professional athlete questions.
You won’t be able to return a Christmas gift you bought on Amazon purchased before Nov. 1
Estimates for spending on holiday gifts, decor and the like between late 2026 and January 2027 range from about $1 trillion to $1.7 trillion in the U.S.
Government 'looking seriously' at banning under-16s from Vinted and eBay
The culture secretary confirms reports they could be in the list of platforms set to be banned next March.
A CEO gave his employees Fridays off. Three years later, revenue is up about 160%
Brick Media caps workloads and hires instead of piling on. Resignations fell from six in 2022 to none so far in 2026, though profit margins have held flat.
Amsterdam protesters break into Microsoft data center construction site: Report
Dutch police said they detained 150-200 people for trespassing during the protest.
Unrest in France looks like a ‘pretty big foreshadowing’ to economists nervously eyeing national debt at 126% of GDP
"To me, the biggest warning sign from France is really not just the K-shaped economy effect, but the generational effect that's going on and to see young people really driving thi…
Binance’s finance chief Kaiser Ng to leave company, report says
Ng will be replaced by Justin Yek, who was formerly vice-president of finance at Airwallex.
‘AI clog’: UK public bodies battle onslaught of chatbot-generated complaints
MPs, local authorities, lawyers, schools and more are receiving floods of grievances, requests and legal challenges, often complex to read and respond to“It started as a trickle i…
‘No vote, no warning, just plain math’: Social Security is six years from an automatic 22% cut—and most Americans have no idea
The retirement trust fund runs dry in late 2032, triggering an automatic cut for current and future retirees. Every year Congress waits makes the fix bigger.
Traders 'priced out' of £12,000 Christmas market pitches
Stall holders said they'd met the council leader to express their concerns at high costs since a new operator took over.
‘Free grand piano’: the scam playing on music lovers’ heartstrings
Emails claim to come from a woman whose husband has died – but the offer isn’t what it seemsAn email pops up in your inbox: a woman whose husband has died is giving away his grand…
Hot fridges, a fake nuclear alert and a $6bn heist: are we in the foothills of a hacking epidemic?
As AI exposes flaws in IT systems and geopolitics plays out on the cyber frontline, some experts say the events of recent weeks could soon be a common occurenceAlex Pearce was doi…
So much ‘liquid gold’ could hit the market that the world’s top producer is withholding output—but supplies can’t stay ‘extra virgin’ for long
Spanish olive oil production is projected to jump 23% to 1.6 millions tons, marking the fourth-largest harvest ever.
Alabama Power spent more than $6 million on ads last year — and customers can be billed for half of them until 2029
Jim Zeigler, a perennial candidate in Alabama across several decades, will return to the PSC 48 years after leaving the commission.
In-N-Out’s billionaire owner vows iconic chain ‘will always be’ in California and says leaving the state would be the ‘dumbest business decision ever’
"This is where we started. It's where we are now, and it's where we will always be," Lynsi Snyder, president and owner of In-N-Out, said.