Business / Finance
IRS plans lower tax disclosure penalties, including for crypto: Forbes
The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing past tax violations under a planned program overhaul.
How an OpenAI model exposed a flaw in 70% of the internet’s websites
Governments and organizations around the world began scrambling on Oct. 21, 2026, to fix a vulnerability in software that runs their websites.
Trump drops some Canada tariffs in bid to boost embattled Susan Collins in Maine
Republican senator faces critical re-election battle in state where president’s trade war has outraged voters Donald Trump dropped some of the US’s tariffs on Canada on Friday to …
Senate Democrat Probes Tether Payments to Ex-White House Crypto Adviser’s Firm
Sen. Richard Blumenthal demanded Tether’s records on payments to Nxum, a firm co-owned by former White House crypto adviser Bo Hines.
Nearly half of retail workers say they were abused by customers in the past year—and more than 1 in 5 have skipped shifts to stay safe
Many retail workers also say they think their employers placed a higher priority on inventory safety than worker safety.
Amazon cut 30,000 corporate jobs to focus on AI. Now it’s promising 30,000 entry-level roles in the UK by 2030
The Amazon Youth Promise is geared toward young workers, but will also provide job training to people “not in education, employment or training."
SpaceX Filing Gives Elon Musk the Final Word on Tesla Merger He Says He’s Staying Out Of
SpaceX’s latest 10-Q filing quietly confirms any Tesla combination requires sign-off from its “controlling shareholder.”
SEC Flags AI 'Super Intelligence' and Tokenization as Systemic Market Risks
The regulator's Division of Examinations named "super intelligence and other advanced technologies" as a focus area alongside tokenization risks.
Initia halts blockchain after exploit reportedly drains over $2.6M
The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.
An $8 billion Treasury break helped bring Meta’s tax rate to 2%. Now it has a week to answer senators about data center tax credits
Senators want Meta to explain why it claims a research credit on AI data centers. Meta says the facilities require real experimentation.
How I Vibe Coded My Smart TV—And Claude Killed It
Vibe coding your TV is impressive. Doing it without knowing exactly what you're touching is how you lose a rooted LG set and get a very sincere apology from an AI.
US senator probes Tether after reported deal with ex-Trump crypto adviser
The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum.
Bitcoin Core Rewrites Its Security Policy for a World Where AI Finds Bugs in One Prompt
Developers will now backport fixes and cut releases immediately for flaws flagged as “easily discoverable,” abandoning long embargoes for bugs an attacker can surface with a singl…
Let 17-year-olds change their minds. In the age of AI, it’s their best career move
Colleges make 17-year-olds bet their futures on a guess. AI just raised the stakes.
Anthropic joins Meta and OpenAI’s personal AI assistant race with Duet
Claude Duet gives existing subscribers a personal assistant as Anthropic races to secure a place in users’ daily routines.
Energy markets are adapting to the Iran war as a ‘forever conflict’ while oil producers keep supplies flowing and avoid ‘mutually assured destruction’
"Repeated supply shocks are driving a lasting reconfiguration of trade routes and energy corridors, and tail risks remain elevated."
Crypto Scammers Who Used Prayer Groups to Lure Victims Must Pay $1.3 Billion, Says New York
New York’s attorney general asked a court to order NovaTech’s founders, who fled the country, to pay about $1.37 billion, and settled with four top promoters for nearly $6 million.
SEC flags tokenization as high-risk area in 2027 market examinations
The SEC’s latest priorities highlight tokenization as an emerging market risk, while cryptocurrencies remain absent as a standalone examination category.
Tell us: have your spending habits changed recently?
We would like to hear whether your spending habits have changed and whyConsumer confidence in the UK has fallen at the fastest rate outside of the Covid pandemic since the 2016 Br…
As 570,000 workers watched their jobs get culled this year, Torani CEO says ‘layoffs are a choice’—and that her company has never cut workers en masse
Melanie Dulbecco, the CEO of flavored syrup giant Torani, doesn’t buy the idea that laying off employees is always necessary.
Saudi Arabia wants to send 10 million barrels of oil a day around Hormuz. A former Treasury official says it may barely move prices
Aramco CEO Amin Nasser says the East-West pipeline will grow by 3 million barrels a day, but the expansion will take two to three years, and the line has been hit by drones repeat…
Bitcoin ETFs Bleed $636 Million as October Turns Red Again
Spot Bitcoin ETFs lost $635.6 million on Thursday, their biggest outflow of the month, pushing October flows back to a loss of about $176 million as Ethereum and Solana funds also…
The little-known investment Martin Lewis wants you to understand...
The little-known investment Martin Lewis wants you to understand
Google told to halt work on Finnish data centers after clearing an estimated 250,000 trees before environmental review was done
Finland welcomed Google’s biggest European bet. Now its own regulator says the company jumped the gun.