Business / Finance
The U.S. has the world’s largest gold reserves—worth $1 trillion at market rates. But repricing that hoard ‘would backfire in a big way,’ analyst says
"Far-fetched? Of course, but these days I have learned to never be shocked by anything anymore."
The Guardian view on Oxford Street’s pedestrianisation: cities should be designed around people, not cars | Editorial
The transformation of Europe’s busiest shopping street should be a case study in making cities greener, less congested and more inviting places to liveSadiq Khan has been trying t…
Tech firms should pay the creators whose work they use | Letter
It could raise up to £300m a year, providing UK creators with additional income, write Barbara Hayes, Tayyiba Nasser, Christian Zimmermann and Paul SeheultAnthropic’s proposal (AI…
Wells Fargo, Cisco, Intuit Among 6 More Companies Objecting to Tokenized Stocks
Twenty-two companies have now objected to having their shares traded on the planned OKX-ICE tokenized stock venue, after Wells Fargo, Cisco, Marvell, Arm, Moderna. and Intuit join…
‘Everyone is hedging.’ As the U.S. and China divide the world into rival AI blocs, that lends power to ‘swing countries’ in between
Kazakhstan is benefiting from both U.S. and Chinese investments, but is in a “very precarious spot.”
Tech leaders want to use religion to teach AI right from wrong. But that can prioritize certain traditions and distort others, anthropologist warns
“What I think ChatGPT should do is reflect that weighted average, or whatever, of humanity’s moral view,” OpenAI CEO Sam Altman said last year.
ECB official sees digital euro as key to protecting EU ‘sovereignty’
Piero Cipollone said the bloc is on track to test real transactions in 2027 and roll out a digital euro as early as 2029, pending legislation this year.
Tens of thousands of Israelis living abroad are expected to fly home to vote in a close election after many anti-Netanyahu liberals left the country
Israeli law generally requires citizens to vote in person in the country, with narrow exceptions for diplomats and certain official emissaries abroad.
Latvia targets tokenization rules in 2027 with commercial property in focus
Economics Minister Viktors Valainis says rules could arrive in the first half of next year, but an overdue assessment remains unfinished and no sovereign-bond issuance was identif…
This three-time Trump supporter voted for a Democrat for the first time ever as massive medical bills outweigh her anti-abortion stance
Banda cast an early ballot for Talarico. “Never voted Democrat before today!!” she wrote in a text with blue heart emoji.
Meet the homeowners who have been forced to slash their asking prices in a stagnant market. ‘It’s been a roller coaster of emotion’
Across the nation, a stagnant housing market is leaving many sellers in limbo, unable to relocate for a new job, buy their next home to accommodate a growing family.
Bitcoin ETFs Snap Two-Week Losing Streak Despite Late-Week Slide
Spot Bitcoin ETFs finished the week with about $301 million in net inflows, ending a two-week losing streak, even as two straight days of outflows kept October in the red.
All aboard the TrainTok trend: spotters and staff boost rail content online
Number of videos about British trains doubles in three months as creators find audiences interested in workings of railwaysThey are not just gathered at the end of your local trai…
Your boss might be an idiot - and 12 other things you need to know about work | Emma Beddington
British teenagers are stressing about jobs (or the lack of them). Here is my advice, from owning your mistakes to the importance of biscuitsYoung people want to know more about th…
Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home
VW investment creates 4,500 jobs in Georgia comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVsAudi has said it will spend $4bn (£3bn) to…
Facebook’s cofounder never wanted to be the boss: Like 82% of managers, Dustin Moskovitz fell into the job—and found it ‘quite exhausting’
Some were born to lead. But many are just “accidental managers.” Take Facebook cofounder Dustin Moskovitz, who says he never intended to manage people.
Airbnb CEO Brian Chesky warns two types of people won’t survive the AI era: ‘pure people managers’ and workers who resist change
Brian Chesky, the cofounder and CEO of $103 billion short-term rental giant Airbnb, says managers need to do more than meetings to stay afloat in the AI era.
Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
The former PepsiCo CEO says grinding through overnight shifts as an Ivy League receptionist earned her respect no social connection could buy.
Cutting ‘red tape’ is nothing but a red herring – and arguably counterproductive | Heather Stewart
Blaming a moribund economy on too many rules is a hackneyed neoliberal trope – UK plc needs smarter regulation, not less regulationBefore becoming prime minister, Andy Burnham ple…
UK banks face 10,000 complaints in 3 months over crypto restrictions
The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major banks.
Only 46% of employees trust their leaders. A BCG partner says the fix is simpler than CEOs think
Every day, each person chooses how much of their energy, creativity, and discretionary effort to bring to work. They're not obligated to give their best.
Billy Evans’ ‘Theranos 2.0’ startup has patents, investors, and a missing CTO—but no product
As You Can See Everything turns Billy Evans into the year’s most unlikely documentary villain, his Austin startup Haemanthus faces a simple question: What has it built?
Interest rates unlikely to reach 4.75% by next summer, say City economists
Experts say Bank of England unlikely to increase rates by full percentage point – and could lower them by end of 2027Financial markets are wrong to predict the Bank of England wil…
U-turn on EV policy could stall UK’s take-up of EVs | Fiona Harvey and Jasper Jolly
The 2030 target for 80% of new cars to have zero emissions could be cut to as low as halfElectric cars make people happy. More than nine in 10 EV drivers – 94% in a recent poll – …