Business / Finance
Kirkland Chocolate Chips Are Back, Baby! But …
Costco discontinued its Kirkland chocolate chips due to soaring cocoa prices. They're returning to shelves now, but shoppers will pay almost twice what they did in 2021.
Canva was the rare startup that grew fast and made money—then AI costs slashed its growth forecast by a third
An analyst said AI is breaking SaaS’s “secret sauce”, and Canva and its competitor, Figma, just became the latest proof
China’s DeepSeek Upgrades V4 Pro: Claude Fable Is Only 5% Better at 4,500% the Price
The April preview got benchmarked to death and landed 18 points behind Anthropic’s flagship. DeepSeek’s own numbers for the finished model tell a very different story.
SpaceXAI Wants Grok Bot to Do Your Job—But It Needs Access to Your Accounts
The AI agent can navigate workplace software and coordinate with other bots, raising questions about security and control.
Goldman Sachs' $2.25B NEOS Deal Hands It Ready-Made Bitcoin Income ETF Business
The cash-and-equity deal for the options-income specialist folds in NEOS's roughly $1 billion Bitcoin covered-call fund, giving Goldman instant scale in a crypto ETF niche it had …
Kraken adds S&P 500 to funded trading program, commodities to follow
Kraken’s funded trading program adds round-the-clock exposure to the US equity benchmark as it builds out its multi-asset offering.
Nearly a dozen firms are already paying up to $100,000 per month for early access Trump’s Truth Social posts
The release of Truth API has raised concerns about insider trading among economists and legal experts.
After Coldcard Was Hacked, $15 Billion in Bitcoin Moved to Safety
Casa CEO Nick Neuman says the mass Bitcoin migration after the $130M Coldcard exploit proves distributed self-custody is Bitcoin's immune system—not its vulnerability.
Bitwise cuts 14% of staff while still expecting growth
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to …
Greenland forces Trump-linked US oil firm to delay drilling
US envoy had claimed Americans could be extracting crude by as early as next yearGreenland authorities have forced a US oil company connected to Donald Trump to postpone drilling …
Zoomsday: AI Used to Build Critical Zoom Exploit in One Day
The flaws could let someone in a meeting take control of another participant’s device without the victim clicking anything.
Trump sued over $100,000-a-month early-access offer to Truth Social posts
Suit alleges subscription offer aims to sell privileged access to information generated in president’s official capacityDonald Trump has been sued after a subscription service cha…
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst.
Japan and the U.S. just spent billions to try to save the yen. Why is it already losing ground?
Economists point out that the U.S.-Japan intervention—as significant as it may be—doesn’t tackle the underlying reasons behind the yen’s weakness.
Fidelity Files to Let Its Ethereum ETF Stake and Pay Investors
The Boston asset manager's FETH would stake up to 100% of its ETH and distribute the rewards to holders as quarterly cash, pending SEC approval.
Jerry Buss made the Lakers Hollywood. Bob Iger and Josh Kushner reportedly bought the show for record-breaking $12.5 billion, up 21% in just 14 months
The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.
Discord ordered to suspend livestreams in Brazil
Discord told the BBC it was "thoughtfully reviewing" the order by Brazil's data protection agency and it was "committed to user safety"
FlightAware drops Kalshi lawsuit one day after filing
Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight cancellation data.
Trump sued over Truth Social's $100,000 early access service
The suit challenges Truth Social plan selling early access to Trump's market-moving posts.
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a cross-border trade finance flow combining stablecoin payments with simulated digital pound settlement.
CIOs and CTOs spent years lauding AI. Now, with costs rising, they’re putting limits on how it’s used
After making AI tools widely accessible for employees, leaders are putting caps on usage and retraining staff to understand small and cheaper models can often do the job.
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.
Nvidia found a new way to keep the AI boom funded: your retirement money
A $500 billion Wall Street push could route insurance and pension capital into GPU-backed infrastructure as Big Tech leans harder on debt.
A Low-Hire, Low-Fire Labor Market Is Making Job Hunting Harder
The U.S. has a lethargic labor market marked by slower hiring and fewer workers quitting their jobs. Elizabeth Renter, NerdWallet’s senior economist, breaks down the trends.