Business / Finance
Electricity discount to be paid to NI households
The one-off £63 reduction in electricity bills will be paid from next month.
Watch: Why has the Federal Reserve raised interest rates?
The BBC's Samira Hussain looks at the factors considered in the increase and what it could mean for the US economy.
Handbags, jewels, watches: Inside Singapore's dirty money auction
The BBC goes inside a fortified storage facility to view luxury goods seized by police that are now up for auction.
Exclusive: Inside the room where Nancy Pelosi and Mike Pence shared an emotional embrace in front of America’s leadership class
It was "shocking, historic and emotional to all," Yale Management professor Jeff Sonnenfeld told Fortune.
Salesforce’s Marc Benioff to AI industry: Regulate yourselves or get sued
The outspoken CEO is hosting the company's annual Dreamforce conference this week in San Francisco.
Crypto Tax Bill Clears House Committee After Clarity Act Setback
The bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on tokens sold and quickly repurchased.
What Is a Preferred Lender List — and Should You Use One?
Your school's preferred lender list doesn’t just recommend private student loan lenders. It can also be a starting point for your own research.
Stocks slide toward lowest level since July after Warsh’s hawkish press conference
The S&P 500 fell 1% and the Dow lost 1.7% as the Fed chair said rates weren't restrictive before Wednesday's hike.
Meta May Have Found a Fix for Its 'Pervert Glasses'
Meta is reportedly developing a version of its smart glasses without a camera, potentially addressing one of the biggest privacy objections to AI wearables.
US interest rates raised for first time in three years
The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.
CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the c…
Man sentenced in $35 million Ponzi scheme that defrauded Travis Kelce: ‘He did this out of greed’
He also asked to be married to his fiance while in prison.
OpenAI's Rogue AI Agents Were Probing Hugging Face Two Months Before Hack
An independent researcher found the agents hijacked Hugging Face accounts and mapped the platform's defenses as early as May 13—activity OpenAI's own incident report never fully d…
Fed Chair Implies Trump Is Only Half Right on the Economy Following Rate Hike
Chair Kevin Warsh credited Trump's economy, then ignored his rate-cut wishes entirely.
The MLB and its Dominican pipeline is selling false promises and shady contracts to children as young as 11
Is your team giving kids behind-the-curtain deals before the MLB allows it?
Safeguard Global’s four-day workweek looked like a win—until burnout and secret Friday work pushed its CEO to ditch the mandate
Bjorn Reynolds, Safeguard Global’s CEO and founder, shares the lessons he learned from his company’s four-day workweek pilot.
UK FCA sets crypto authorization guidance ahead of September application window
The FCA’s new guidance outlines which crypto activities may require authorization as firms prepare for the UK’s incoming digital asset regulatory regime.
America’s bedrot era: How the dopamine recession created the ‘couch economy’
New spending data shows how much of the economy now depends on people staying home, and a chase for quick, easy hits of stimulation may be driving it.
Fed Hikes Rate for the First Time Since 2023
The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, taking the federal funds target range to 3.75%-4%.
Japan has a problematic age gap: 100,000-plus residents are over 100 and the pension system is buckling
When paired with Japan’s record-low fertility rates, the number of centenarians is creating a host of fiscal problems.
Revolut hackers demand $3 million in Monero, threaten to sell customer data
The group gave Revolut 24 hours to pay and said it targeted customers with significant crypto holdings.
Bitcoin Core Software Update Aims for Speed and Security Patches
Bitcoin Core 32.0 has entered final testing, bringing faster block checks and changes to how wallets prepare payments.
The Fed unanimously agrees to hike interest rates for the first time since 2023, despite Trump’s call for the ‘lowest rates’ in the world
Inflation has been above 2% for five years. The Fed just decided that was long enough.
Luxury travel expert Olivia Ferney charges $100K a year for planning billionaire travel—they’re easier to work with than millionaires, she says
She said less-wealthy clients brought more complaints and chargebacks, helping push her agency toward a narrower set of customers.