Business / Finance
Fed has 'work to do' if price rises don't ease for Americans, Warsh says
Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.
After decades in the music industry, Pharrell Williams admits he never stops working: ‘If you do what you love everyday, you’ll get paid for free’
Grammy Award–winning artist Pharrell Williams says he’s always “being a student” and plans to “never stop working.” He advises others to follow their passion, not money.
Bitcoin Traders Watch Fed Chair Warsh for Clues—And Get Nothing
Fed Chair Warsh's first Jackson Hole keynote doubled down on giving markets zero rate hints as inflation runs hot and Bitcoin traders wait on September's call.
This US city only has one supermarket for 45,000 people. New legislation seeks to fix that
Big grocery can use anti-competitive clauses to block other stores from entering a market. Rhode Island is the second state to ban that practiceJeannine Johansen remembers the hal…
Billionaire Panda Express co-CEO says he never got burned out—even after years of working 12-hour days: ‘That’s life’
Panda Express billionaire Andrew Cherng says hard work—not work-life balance—helped build his and his wife’s $7 billion orange chicken empire.
Crypto Biz: Bitcoin pumps, Wall Street does the paperwork
Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s recovery.
BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
The deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million in stock, as well as the $15 earnout.
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
DeSantis did not dispute the legitimacy of the secret grand jury report obtained, but said whoever leaked the documents would face “consequences.”
Ethereum ETFs Take $226M in a Day, Almost Matching Bitcoin's Haul
Nine straight sessions have brought in $1.4 billion, with Thursday marking the funds' strongest day in 10 months.
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a September rate hike.
Mortgage Rates Today, Friday, August 28: Mostly Flat
TL;DR: Mortgage rates went up today, but not enough to bust your homebuying budget.
Gatwick Airport facing water outage after main burst
SES Water says it is working to repair a burst main which is affecting supply to the airport.
Who is legally liable when an AI agent goes rogue?
If your personal AI agent goes rogue and causes harm or financial damage in the real world, can you be held liable?
Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’
From "TRUMP CONSERVATIVE" to "PROVEN CONSERVATIVE" — the quiet website edits of Republicans bracing for a Trump-less ballot.
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal
Anthropic has also filed a separate and narrower case that is still pending in the federal appeals court in Washington, D.C.
Polish Olympic chief charged in Zondacrypto probe, justice minister says
Polish Olympic Committee president Radosław Piesiewicz faces charges as prosecutors investigate his ties to collapsed cryptocurrency exchange Zondacrypto.
‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China
As the Iran War marks its six-month anniversary, Trump insists he's “not in a hurry” to get back to the negotiating table.
Asda returns to growth after more than two years
Chair Allan Leighton says lower prices and an improved online service are attracting more shoppersAsda has heralded its first quarterly growth in more than two years as the superm…
The Clarity Act slipped to September. Banks are building anyway
But every month without settled rules quietly rewards the walled garden, writes Matter Labs’ Vassilis Tziokas
Why Exelon’s CFO is stepping into a new strategy role
As electricity demand surges, Exelon is giving its longtime CFO a bigger say in where the company places its biggest bets.
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.
My volleyball coach yelled ‘puka’ when nobody covered the open spot. I built a career on it.
The ability to walk into a room and see not just what is happening but what is missing, and act before being asked is one of the most powerful and underrated career strategies ava…
Morning Minute: Solana Jumps with Network Inflation Set to Drop
Two majors proposals are set to pass, its leading DATs are back, and Schwab is offering SOL to its clients—quite the setup for Solana.