Business / Finance
Bitcoin price seeks $86K as new support after oil dips below $90
Bitcoin price action avoided a significant drop below $86,000 as US president Donald Trump pledged a deal with Iran after November’s midterm election.
CLARITY vote failure could stoke more crypto PAC spending in key races
Control of the US House and Senate is up for grabs in 2026, and some advocates speculate that the crypto industry could ratchet up attempts to sway elections after the CLARITY vot…
The SaaS debt trap
Wall Street spent the week arguing about whether AI is slowing down. The other bubble is what the SaaS incumbents did when their multiples collapsed.
'You shouldn't be here,' Donald Trump tells CNN at UN general assembly – video
The US president remarked on CNN's presence at the UN general assembly on Tuesday, telling reporters he was 'surprised' the news network was covering him and that it 'shouldn't be…
Watch: Trump floats rebranding artificial intelligence as super intelligence
"The use of the word artificial makes it sound fake," he said told the UN. "It's not fake, it's actually amazing."
Two major Puerto Rico newspapers are going digital-only as the industry sheds 270,000 jobs in 20 years
El Nuevo Día and Primera Hora will print their final editions this week as shrinking ad revenue and changing reader habits reshape news.
‘The kids just aren’t drinking as much’: California’s wine country is drowning in unwanted grapes
U.S. wine sales have fallen 23% since 2020, forcing growers to rip out vineyards and leave healthy grapes on the vine.
Wealthy students are 13x more likely to ace the SAT. The test turns 100 this year
The exam has shifted from a 315-question, 97-minute paper test to a two-hour digital format, but wealth gaps in scoring persist.
Binance invests $100 million in one-time rival Circle and expands its USDC partnership
The investment marks a sharp turn for Binance, which once removed USDC trading from its exchange in favor of its own stablecoin.
AI chatbots are quietly becoming spiritual advisers for millions, data shows
GitaGPT and ChatwithGod are building businesses around existential AI advice, echoing engineer Anthony Levandowski's 2017 attempt to found an AI "Godhead."
Next for the U.S. SEC: Agency's chief crypto counsel illuminates path for custody
Taylor Lindman, the top lawyer on the agency's Crypto Task Force, says the SEC is trying to get firms comfortable with blockchain technology and crypto assets.
A dean of libraries explains how AI gives you 4 types of answers — and only one of them is ‘factual’
University of Virginia Dean Leo S. Lo found that Google's AI treats questions requiring medical judgment and interpretation with the same confident tone.
From the Boston Tea Party to the Flock camera backlash, 250 years of Americans saying no
Cities from Florida to Colorado are canceling contracts and vandals have hit cameras in 36 states, prompting CEO Garett Langley to invoke Ben Franklin.
How Kevin Warsh’s rate hike exposed a 2-speed U.S. economy, with AI and housing at the poles
He calls 2% inflation a "firm, fixed target," but a 10-year Treasury yield above 5% is pushing mortgage rates toward 7% and raising borrowing costs.
Microsoft and Coinbase probe leads to arrest of crooks behind ‘EvilTokens’, a DIY phishing network powered by AI
The scam involved selling phishing kits on social media that let anyone create convincing fake emails.
Bitcoin ETFs Take Nearly $1B in a Day as Average Holder Returns to Profit
The funds pulled in more on Monday than across the whole of last week, when they posted the weakest net inflow of their history.
Nick Clegg could make £30m windfall from datacentre startup Nscale flotation
The former UK deputy prime minister is a board member of the UK-based company and owns 917,000 sharesNick Clegg could make approximately $40m (£30m) from the planned float of Nsca…
European central banks push to expand stablecoin yield ban to crypto lending and staking
Central bankers argue that indirect yield structures blur the line between electronic payment tokens and commercial bank deposits, distorting financial system competition.
UK borrows £18bn in August, putting pressure on Healey before budget
Some economists say it is now ‘inevitable’ that chancellor will need to raise taxes in the budget next monthBusiness live – latest updatesThe UK government borrowed a higher-than-…
High-mileage electric cars are more reliable than petrol ones, study finds
EVs with 90,000 to 120,000 miles on the clock are more likely to pass MOTs than petrol models of the same ageMotorists buying a secondhand car with a lot of miles on the clock are…
Alibaba says it built the ‘most powerful AI chip in China’ as the country races to catch up with the U.S.
The Chinese tech giant also plans to train a new AI model and to expand data centers as Trump and Xi prepare to discuss the global AI race this week
China tightens controls on fentanyl-making chemicals shipped to the U.S. just days before Trump and Xi meet at the White House
Beijing is expanding restrictions after years of U.S. pressure over the fentanyl crisis
A Republican senator is calling on an investigation into Donald Trump Jr. after a Russian oligarch helped pay for his lavish wedding
Sen. John Curtis is calling on Congress to look into Trump Jr.’s foreign relationships, business dealings and financial benefits tied to his father
Gates Foundation and MTN launch AI maternal health platform to reach 500,000 women by 2030 in Nigeria, which accounts for about 30% of maternal deaths
The four-year, $25 million partnership pairs AI tools with phone and connectivity access to cut preventable maternal deaths.