Business / Finance
New AmEx Centurion Lounge in Amsterdam Only for Flyers Departing Schengen
AmEx's new Centurion Lounge in Amsterdam is the first credit card issuer lounge at Schiphol International Airport and the first Centurion Lounge in continental Europe.
Fed Hikes Rates for the First Time Since 2023, Bitcoin Spikes
The Federal Reserve delivered the hike Wall Street had almost unanimously priced in.
Mark Zuckerberg says AI doesn’t need an industry-wide slowdown because market forces and competition will push companies to make their models safe
Zuckerberg aligned more closely with Nvidia’s Jensen Huang, who has said AI companies should “run as fast as they can.”
Americans are so concerned about autonomous vehicles that Minneapolis is considering requiring drivers to sit inside Waymos
A proposed ordinance would require human “safety monitors” to be paid at least a minimum wage to sit in these self-driving cars.
US Federal Reserve votes to hike rates for the first time since 2023
Move comes after Trump nominated Kevin Warsh as Fed chair and said US should have lowest rates in the worldThe US Federal Reserve voted to raise interest rates on Wednesday for th…
Why Mortgage Rates Shot Toward 7% Before the Fed Raised Rates
Mortgage interest rates moved significantly higher this week as markets anticipated today's Fed rate hike.
US House tax committee advances crypto tax overhaul in 38–5 vote
A bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset transactions.
Fed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
Federal Reserve expected to announce interest rate increase – live
Kevin Warsh, Donald Trump’s pick for Fed chair, expected to raise rates despite intense pressure from presidentGood afternoon. The US Federal Reserve is widely expected to raise i…
Amazon raises starting pay to $20 an hour and adds Whole Foods discount
Wage increase brings Amazon’s US minimum pay in line with Costco and includes new grocery discount benefitAmazon has raised its minimum wage in the US to $20 an hour, with average…
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's delta-neutral marketing.
CFTC and SEC Double Down on Crypto After Clarity Act Defeat
Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.
Hackers Hijack HBO Max’s Reddit Account to Spread Crypto-Stealing Malware
Attackers ran 108 malicious ads through the streaming service’s verified account, directing users to fake software downloads.
AI agents are going rogue. CIOs are racing to put guardrails around them
As AI agents take on more work—and present new risks—Cisco, Intuit, Workday, and ServiceNow are creating layers of oversight to monitor, govern, and contain them.
Zuckerberg Pushes Back on Coordinated AI Slowdown, Says Labs Can Act Alone
Meta’s CEO says competition and potential liability give AI developers reasons to prioritize safety, citing the company’s decision to delay Muse.
Anthropic merges its Claude chat and agentic Cowork products into a single AI assistant as part of a push to build an AI superapp
The company is folding its chat and autonomous task-execution products into one Claude interface, while adding collaborative document and presentation tools.
Goldman says the economy is rewarding capital ownership over labor — and most Americans don’t own enough of it to benefit
The labor share of income has fallen to a record low, the lowest in 80 years. What is going on here, exactly?
U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss
The Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some pushback.
Pension peril: is it time to unpick the triple lock? | Letters
Readers are divided on whether the triple lock should stay or goThe article about whether the pensions triple lock should be ditched omits several key facts (‘Costing billions’: i…
Anchorage expands institutional custody to Etherlink, tokenized uranium
Anchorage Digital Bank added custody support for Etherlink and several Etherlink-based assets, including xU3O8, a token representing physical uranium.
Coinbase faces greater fallout from CLARITY Act setback: Saxo
A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US market-structure rules.
Bitcoin ETFs Had Their Worst Day Since June Following Failed Clarity Act Vote
Bitcoin, Ethereum, and XRP ETFs shed roughly $593 million combined Tuesday, their heaviest single-day drawdown since June.
Bitcoin awaits Fed rate decision below $76K as analysis discounts ‘dovish surprise’ odds
Bitcoin price support materialized around $68,000 as markets saw a 93% chance of the Fed hiking rates by 0.25% on Wednesday.
Hamas’ military wing told donors to avoid Binance. Use Bybit, OKX and others instead
Hamas’ military wing advised donors not to use Binance to handle funds but rather to use Bybit, OKX, Kast and Redotpay, according to recent U.S. Department of Justice documents.