Business / Finance
Victoria Beckham's company makes its first profit after 18 years
Beckham's fashion and beauty business makes a £7.3m operating profit after years of losses.
Webull expands crypto trading into Canada through Coinbase collaboration
The brokerage is adding digital assets alongside stocks, ETFs and options as Canadian crypto ownership rises and regulators move toward clearer industry rules.
Former SEC, CFTC Officials Urge Lighter Touch to Bring Crypto Perps Trading Onshore
With the Clarity Act stuck in recess limbo, the agencies are pressing ahead on crypto derivatives and custody, as former officials warn that overly burdensome rules will keep a $9…
The Guardian view on regulating big tech: Meta has got off too lightly | Editorial
New child safety measures are welcome, but the wider risks posed by these platforms remain unaddressed “Hook, hold, harvest and hide” was how Megan O’Neill, a lawyer for the US st…
Bitcoin Holds Steady as US Strikes on Iran Rattle Stocks and Lift Oil
The largest cryptocurrency is on track for its best month since 2017, holding above $78,000 even as a hawkish Fed and renewed Middle East conflict drag on stocks and lift crude.
Ray Dalio was so broke early in his career he had to borrow $4,000 from his dad—and learned 2 lessons that set him on the road to billionaire status
“Nobody does everything perfectly, not even Warren Buffett,” Dalio told David Rubenstein in conversation at the 92nd Street Y.
Bitcoin begins volatile monthly close as US bond yields eye new 20-year high
Bitcoin price action saw sharp moves within its local range as US Treasury Secretary Scott Bessent addressed US bond yields.
UAE intercepts Iranian drone over its waters in ‘dangerous escalation’ from Iran war—and threatens responding ‘decisively to aggressors’
Trump has stressed last week that he is "not in a hurry" to get Iran back to the negotiating table.
Gas topped $4 daily in August for the first time. New U.S. strikes on Iran are sending oil prices even higher again
Brent crude jumped more than 3% after U.S. forces struck Iranian rocket launchers near the Strait of Hormuz, a key route for global oil shipments.
Nissan and Honda ink deal to boost competitiveness with ‘faster development cycles’ in vehicle software
Under the deal, Nissan, based in the port city of Yokohama, and Tokyo-based Honda will share standardized parts in “core ECUs,” as well as software.
We’re living in the ‘G-shaped economy’—where boomers control $90 trillion, and everyone else waits
"The concentration of wealth among older generations suggests that consumer spending is increasingly being supported by the spending of accumulated retirement wealth rather than l…
How to tackle the climate impact of datacentres | Letters
Datacentres should generate their own power and control their emissions, writes Richard Lamming, while Michael McClelland says we should reduce our digital communication. Plus a l…
£4,000 for a teddy bear?! How cuddly toys became luxury items
Designs by Louis Vuitton, suits by Savile Row: these are not your run-of-the-mill teddies. But who’s buying them?Name: Teddy bears.Age: 124 years old. Continue reading...
X’s AI tool Grok now allows users to buy or lend crypto with MoonPay integration
The new tool also lets users move beyond crypto, with services such as restaurant reservations and flight bookings.
Sony Argues in Court That Digital Games Can't Be Owned
The PlayStation maker is fighting a California class action over "Buy Now" buttons, and has asked the judge to send the case to arbitration.
Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH
Bitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses.
The end of the driver’s license: Uber exec calls car ownership ‘the most inefficient asset’ and says no one will need one in 15 to 20 years
Uber president and COO Andrew Macdonald predicts that in two decades, most people will get around by bike, scooter, public transit, or autonomous vehicle.
Kalshi lays down first lifetime ban for ex-member of Congress George Santos
The prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior.
Strive buys 1,800 Bitcoin for $143M, becomes fifth-biggest corporate holder
Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound.
Burnham’s bumpy ride ahead: PM’s in-tray full of dilemmas as parliament returns
Labour leader faces tough decisions on issues such as North Sea drilling, electoral reform and defence spendingAfter a relatively cheery summer in which he announced a range of ey…
The law won't save us from Meta's 'pervert glasses'. The only solution is mockery | Jonathan Liew
These things are undermining not just our public spaces but the very nature of being human. Let’s shame them off the streetsSo far I am yet to be tempted into purchasing a pair of…
Tom Lee's Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June
The purchase lifts Bitmine's stash to 5.9 million ETH—4.9% of supply—as chairman Tom Lee points to crypto's strong third quarter.
Russian crypto trading to bring $46B to regulated exchanges in first year after legalization: Report
Regulated cryptocurrency exchanges may see more than $46 billion in crypto trading volume during the first year after legalization, according to estimates from the country’s large…
NYSE owner ICE taps tZERO for tokenized securities push, takes stake in firm
The deal adds transfer-agent and settlement infrastructure to ICE's plans for an NYSE-affiliated market for tokenized stocks, tZERO said.