Business / Finance
How social media remade the luxury watch market
A new generation of younger collectors are discovering vintage Cartiers, Pateks, and Vacherons online.
Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, co-CEO Arjun Sethi said.
Kalshi loses appeal, setting up potential Supreme Court case
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.
Citi CEO Jane Fraser swears by Warren Buffett’s golden rule for dealing with conflict at work: ‘Never, ever respond to that email in anger’
Citigroup CEO Jane Fraser says Warren Buffett gave her two rules for handling conflict at work. The first? "You can always call them an a--hole tomorrow."
Shark Tank’s Kevin O’Leary doesn’t care if you work from your basement. He just wants to know if you can ‘execute’
Companies forcing workers back to the office are potentially giving up their best talent, he said.
The $40 trillion U.S. national debt is smaller than Japan’s relative to its economy—but economist warns America is still ‘the world’s largest debtor’
“Japan’s debt dynamics are fundamentally different from those of the United States … Japan is the world’s largest creditor nation. The U.S. is the world’s largest debtor.”
Google Just Made Free 1080p AI Video Generation Available to Anyone
Google Vids now lets any Google account holder generate free HD AI video using Gemini Omni 1.1 Flash, with new scene, timing, and watermark controls.
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The five-year deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Two wallets have been almost emptied and a third is being drained, with about $75 million remaining across the five original holding accounts.
Microsoft VP: SaaS isn’t dying. It’s becoming the operating system for AI agents—and that changes everything
The "toggle tax" is costing enterprises more than time, but the SaaS crash never came. AI agents are finally eliminating the human middleware holding workflows together.
Hershey CEO: America’s 250 years of innovation and why we expanded our innovation pipeline 50% in one year
Hershey has witnessed two World Wars, the Great Depression and two dozen U.S. presidents, but things like Reese's Oreo are still brand new.
Green shoots? Burnham cultivates rural links in attempt to ‘build back trust’ with farmers
Ministers have been speaking to farming activists to try to build bridges after relations were soured by the tax changes introduced under Keir Stamer As an arable farmer, Olly Har…
Work intensifying on UK laws to stamp out concert ticket touts, say sources
Artists including Tinie Tempah and the Smiths’ drummer Mike Joyce ramp up pressure on government to keep its pledge to outlaw for-profit resalesThe government has stepped up work …
London transfer: is it time to kill off the Heathrow Express?
With fares high and passenger numbers low, plans for a third runway could bring the train’s future into questionIf Heathrow finally builds its third runway, Londoners can expect h…
We’re researchers tracking the nonprofit crisis. Philanthropy’s response is not enough
Foundations hold $1.8 trillion in assets but are not meeting nonprofits’ moment of crisis.
Oracle gave Larry Ellison and his co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater
New CFO Hilary Maxson, who opted to take some of her pay in restricted stock units, fared much better.
How Japan went from a rice shortage to a rice surplus in two years, as climate change, tourism, and a U.S. trade fight collided
A drought-driven shortage in 2024 nearly doubled prices to ¥4,300 a bag and toppled a minister, before farmers overcorrected into a record surplus.
Alo is defying China’s consumer slowdown, selling $1.5 million in one minute and planning 8 more stores
Alo just broke a Tmall record in China as Lululemon stumbles.
SEC Commissioner Hester Peirce to leave post on Oct. 2
Peirce, known as “Crypto Mom,” served on the SEC for about eight years, including as director of the Crypto Task Force.
Three-quarters of UK’s popular plug-in hybrid cars unable to use rapid chargers
Only 26% of PHEVs sold across top 20 models can use chargers with power of 50kW or more, analysis findsThree-quarters of the 20 top-selling plug-in hybrid electric vehicles (PHEVs…
Amazon’s Ring wants to replace local WhatsApp groups. It’s a recipe for curtain-twitching disaster | Imogen West-Knights
Do we really want a slick digital message board overseen by Amazon? It’s the neighbourhood nonsense we treasureRing, the Amazon subsidiary of camera-enabled doorbells fame, wants …
Harvard’s last Affirmative Action program is for the rich
Three years after affirmative action’s end, Harvard still favors applicants by ancestry.
Nearly half of home sellers are now offering incentives to unload their properties—even $20,000 in concessions and all-expenses-paid cruises
“If we were to quantify all these concessions…we would see that home prices are down, and people are getting better deals,” Redfin Chief Economist Daryl Fairweather said.
Purple reins: Philippine export ban casts shadow over UK’s love of ube
As Britain goes mad for yam, shortage of planting material and concerns over control of crop prompts sales haltIn a corner of north London on a weekday morning, Filipino cuisine i…