Business / Finance
Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it
"A 'no' vote doesn't mean similar measures won’t ever be implemented."
Trump admitted the Iran war and gas prices hurt Republicans. It was his version of the identity politics that cost Democrats 2024
Trump admitted on election night the war hurt Republicans. Gas is up 40% since it began, and tariffs cost families $1,000 a year.
Bitcoin price dips under $75K as crypto markets miss tech-stock rebound
BTC price action stayed weak after US nonfarm payrolls data significantly beat forecasts, increasing bets of a December interest-rate hike.
US Sanctions 45 More Targets Tied to Alleged Crypto Scam Empire Prince Group
OFAC targeted offshore companies and associates it says helped Prince Group executives hide assets and dodge earlier sanctions.
U.S. prediction markets regulator issues demand that clashes directly with courts
The Commodity Futures Trading Commission said regulated exchanges can't cut off customers state-by-state, but firms like Kalshi are under court orders to do so.
OpenAI wants to win over data-center opponents by calling them ‘compute campuses’ and promising local benefits
“A campus implies a university, not a warehouse,” says veteran brand strategist Allen Adamson of OpenAI’s new pitch to communities.
Why smoky bacon crisps threaten to reignite rows over EU rules
A post-Brexit deal on food standards has raised questions over the future naming of the classic British snack.
Nearly two-thirds of 2021’s top 100 altcoins have lost more than 90%, CoinMarketCap data shows
Research CoinMarketCap shared with Fortune shows the median losing altcoin issued about 50% more tokens while the market cut its value by 95%.
Could the AI bubble burst after Democrats' midterms sweep? - The Latest
Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesl…
Prediction markets had a great election night: Now bettors are turning to which Trump officials could leave first
Pete Hegseth leads Polymarket’s odds for the next Cabinet departure, followed by Susie Wiles and Marco Rubio.
Burnham aims for ‘quite radical change’ in support for young people
Prime minister says ‘root and branch review of childhood’ is needed and he does not rule out some benefit cutsThe government is aiming for “quite radical change” in the way young …
Could the AI bubble burst after Democrats’ midterms sweep? – The Latest
Global tech stocks have plunged after the Democrats’ victory in the US midterm elections, with fears of a slowdown in AI development. Major tech corporations including Apple, Tesl…
Foodbank to close after 16 years amid rising costs
A foodbank in Goole annouces it will close in January as costs rise and donations drop.
Crypto Card Provider Gnosis Pay Says Hackers Accessed Customer Data
Gnosis Pay said hackers accessed customer information on the legacy system behind its branded cards, though funds weren’t affected and its enterprise card platform was untouched.
Crypto Liquidations Top $1 Billion as Bitcoin Tests 11-Week Low
Bitcoin fell toward $75,500 after AI stocks plunged, and over $1 billion in the crypto derivatives market has been wiped out.
How to spot the book club scam | Brief letters
‘Fan’ mail | Lessons from history | Natural fabrics | Perthshire pirateThank you, Joe Dunthorne, for your dogged investigation of the book club scam (Like many authors, I’m bombar…
Anthropic IPO Valuation Could Be Slashed in Half to $1T After AI Stock Rout: Report
Investors told The Wall Street Journal that the $1.5 trillion target now looks too high, as prediction markets bet on a December listing.
UK dairy farmers face further pressure as milk processor cuts prices
Freshways lowers price paid to producers by 7p a litre, prompting warnings confidence in the sector is ‘at rock bottom’“Milk is leaving the farm at a loss,” says dairy farmer Ian …
Winter support for residents facing cost pressures
The plans aim to help more people access food, financial advice and help with heating costs.
Over a quarter of Gen Z say they’d choose their dream home over their dream job—and they’re moving back in with mom and dad to make it happen
Gen Z is willing to put career ambitions on the back burner to achieve the American Dream of homeownership.
Some Gen Z Trump voters switched sides over what one calls an ‘egregious betrayal’ on the economy and war
Home prices rose 30% while young households’ income grew 9%. Gen Z voters explain their midterm votes that drove a "blue wave."
US tech stock rout: is the AI bubble bursting?
After Thursday’s share price plunge on Wall Street, could the volatility be the start of a huge market meltdown?Business live – latest updatesGlobal financial markets have been th…
Billionaires Ray Dalio and Richard Branson hate workplace gossip—but men who do it could face a steeper career penalty than women, study finds
New research found that men who gossip are perceived as less competent and less qualified for leadership roles than women who engage in the same behavior.
Bill Gates believes a billionaire’s tax is the only option in the age of AI—and ‘whatever’s left over’ can be used as a philanthropic safety net
"The primary responsibility of dealing with inequality will always rest with governments."