Business / Finance
42% of America’s recent college grads are working jobs that don’t need a degree. From Kathmandu to Paris, young people are taking to the streets
The New York Fed data measures "underemployment." One historian calls this “elite overproduction” — a final stage before social upheaval.
India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet
The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.
Bitcoin wallet bug let rogue servers steal funds when users tried to speed up payments
Attackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers patched the flaw.
Musk warns over 200 AI neoclouds face ‘guppy-level death’
The warning comes as Gartner forecasts that more than 80% of specialist cloud providers will cease operating independently by 2030.
Biotech firm Rakuten Medical wants to bring its novel ‘lightsaber’ cancer cure to the U.S.
In the short-term, the firm is looking to enter markets close to home—including Taiwan, Macau, Singapore, Hong Kong and Saudi Arabia.
Japanese biotech firm Rakuten Medical wants to bring its novel ‘lightsaber’ cancer cure to the U.S.
In the short-term, the firm is looking to enter markets close to home—including Taiwan, Macau, Singapore, Hong Kong and Saudi Arabia.
Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting
Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%.
Trump critic Lula wins reelection, saying Brazil is not ‘anyone’s backyard,’ while Bolsonaro asks for results to be annulled
With 100% of the vote counted, Brazil’s electoral court announced that the soon to be 81-year-old Lula had a lead of nearly 4.4 million votes over opponent Flávio Bolsonaro.
Hong Kong names Nasdaq-listed Solana Company a strategic enterprise
The Nasdaq-listed firm said it plans to establish Solana validator operations in Hong Kong.
Elon Musk issues a warning for 'AI neoclouds' as SpaceX borrows $40 billion for chips
SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.
How Abu Dhabi bought Andy Burnham’s Manchester - podcast
After the prime minister recently intervened to defend Manchester City’s beleaguered ownership, many began to ask: just how deep are the ties between Andy Burnham and the UAE? Wit…
Keystone says website breach exposed hardware wallet buyers’ addresses
A security researcher warned that the leaked shipping details could expose crypto holders to targeted scams and physical attacks.
Healey's Budget needs to sustain the stronger economy through gathering clouds
The economic is positive now but come January things could become trickier for the Labour government
Standard Chartered-led Anchorpoint says it’s not rushing retail stablecoin
The Standard Chartered and Animoca Brands joint venture previously targeted retail access as early as the end of 2026, but its CEO declined to reaffirm that timeline.
Air Force One passengers reveal Trump’s inner circle and who is ‘whispering in his ear and talking softly in private quarters’
Along for the ride: an entourage ranging from aging boxing champions to Cabinet members to relatively unknown aides who help craft Trump's words and ideas.
AI agents help rescue ETH’s Glamsterdam fork, ‘Steal My Bitcoin’ site: Hodler’s Digest
Similar to the Hugging Face hack, Ethereum researchers have set up an AI Agent message board to help rescue the Glamsterdam fork. New site says ‘Steal My Bitcoin’... if you can.
Forget the House and the Senate, the economy may hinge on state and local races in the midterm elections
"For the direction of the U.S. economy, the composition and direction of governance at the state level may matter more than whether the Democrats 'win' the House or the Senate."
Audi CEO Gernot Döllner appears on stage with Trump at a Republican campaign rally to announce a new car factory in Georgia
Trump said Audi would commit $4.2 billion in nearby Macon to begin construction on a plant that will produce 200,000 cars a year.
United Airlines CEO Scott Kirby has another ‘non-consensus opinion’ besides a wealth tax: national service for everyone
"I think if everyone had to spend a couple of years as a teacher, as a firefighter, serving in the military—I think that'd be good for our country."
Cabinet split emerges over controversial Rosebank oilfield decision
Chancellor is in favour of North Sea project, but energy secretary has said she is leaning towards rejecting itA cabinet split has emerged over whether to approve drilling at the …
Business Daily
A Chinese export surge has implications far beyond its borders
As Mideast braces for all-out war to resume, Iran is still passing messages to the U.S. via intermediaries, foreign ministry says
Iran's foreign ministry spokesperson, Esmail Baghaei, said Tehran has not closed the window of diplomacy.
Anthropic sued for allegedly using 274 Elvis Presley songs to train AI models
Authentic Brands Group says AI company infringed on rights of songs by the King such as Can’t Help Falling in LoveThe owners of Elvis Presley’s music catalogue are suing artificia…
With Senate control at stake, attorney general defends Trump’s lawsuit to block certification of Alaska race if the GOP candidate loses
A day after the lawsuit was filed on Thursday, Peltola called it “just flagrant, flagrant corruption in my opinion” and a diversion tactic by Republicans.