Business / Finance
Bitcoin price hits $80K as 24-hour crypto short liquidations pass $220M
As BTC tops $80,000 for the first time since May, price analysis warns that the market still needs to sustain higher levels to challenge the bear-market thesis.
Reform would evict social housing tenants over unkempt gardens
Plan part of a wider policy to remove foreign nationals from social homes and prioritise young British-born couplesSocial housing tenants will be evicted if they fail to keep thei…
Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower
"And any nation that serves as a financial artery of a withering regime should expect to share in its isolation."
Crypto political group details list of U.S. congressional allies its backing this year
Stand With Crypto, a member group that rates the crypto friendliness of politicians, is supporting 32 U.S. House incumbents, with more endorsements coming.
Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain
The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework.
Bitcoin, Ethereum ETFs Grew $23 Billion Last Week—Only $2.6 Billion Was New Money
Bitcoin and Ethereum ETFs booked their strongest inflow week since October, but most of the gain came from coins investors already owned getting more valuable.
Problems brewing for the proper pint as Camra membership falls
Cost of living has hit campaign group while multinationals are threatening to squeeze out independent breweriesFor centuries, the wooden real ale pump has been the hallmark of a g…
‘It’s hard to know exactly what the objective of DOGE was’: Former IRS boss warns Elon Musk’s cuts to the tax agency will be felt in years to come
Beginning in February 2025, DOGE slashed more than a quarter of the IRS’s 100,000-person workforce.
Strive buys 1,110 Bitcoin for $81.5M, holdings top 21K BTC; ASST shares surge 11%
Strive’s Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin.
Rupert Lowe set to be paid as much for divisive posts on Elon Musk’s X as for being MP
Restore Britain leader paid up to £1,476 an hour by platform, which critics say is financially incentivising inflammatory contentRupert Lowe, the leader of Restore Britain, is on …
Rail companies sued for £5m over oil spill caused by derailment
More than 400,000 litres of fuel spilled in the area causing an "environmental disaster".
John Oliver on ‘smart’ appliances: ‘Spying on you through the washing machine’
The host also discussed the rise of forgotten monthly subscriptions for anything from dishwashers to litter boxesOn the Sunday night episode of his HBO show, John Oliver discussed…
Zcash soars to eight-year high amid crypto rally, and hopes of an ETF approval
The privacy-focused chain Zcash's native token, ZEC, surged 66% over the past week.
Crypto advocacy groups oppose Illinois digital asset tax in court
Following a similar lawsuit filed by the Digital Chamber in July, two digital asset advocacy groups challenged Illinois’ 0.2% crypto tax on constitutional and due process grounds.
College students are shaving a year off their bachelor’s degrees and saving as much as $20,000. Critics say they’re ‘cutting corners’
Three-year bachelor’s degrees have spread to 26 states as colleges look for ways to make higher education cheaper and faster.
Who is Dali Rajic, OpenAI’s new chief revenue officer?
OpenAI is counting on the veteran sales exec known as 'Croation Sensation' to shore up its enterprise revenue ahead of a likely iPO. He's got his work cut out for him.
Bitmine Buys Another $81M in Ethereum as ETH Outperforms Bitcoin
Bitmine is about 187,000 Ethereum short of its 5% of supply target.
Washington Post ordered to reinstate opinion writer fired over Charlie Kirk posts
Arbitrator determined the Post improperly fired Karen Attiah, a union-protected employee, over social media postsAn independent arbitrator has ordered the Washington Post to rehir…
Here’s how much the $40 trillion national debt is costing you — whether you have student loans, a mortgage or Social Security
Divide $40 trillion by the U.S. population and every American is on the hook for roughly $117,000. The Conference Board modeled several scenarios.
Households in Great Britain ‘could owe energy suppliers £7bn by end of year’
After higher prices for winter kick in, energy debt unpaid for more than 30 days likely to rise, says Energy UKHouseholds in Great Britain could owe their energy suppliers as much…
Bitmine extends 14-month ETH buying pace as Ether breaks above $2.5K
Ether’s breakout above $2,500 has put the spotlight back on corporate ETH treasuries, with Bitmine now nearing its long-stated accumulation target.
America’s energy sector will need 500,000 more workers by 2030 thanks to AI—but unless more workers retrain, humanoid robots will have to step in
America’s energy sector is thriving thanks to AI. The only issue? There aren’t enough workers to meet the demand.
A flesh-eating parasite shut out Mexican cattle—now record beef prices are forcing Trump to reopen the gate
Trump reopens the border to Mexican cattle to tame $6.89 ground beef, but economists say shoppers won’t notice
A climate novel imagined a heat wave killing 20 million people—scientists say an ‘extreme of extremes’ is no longer fiction
Decades of accumulated emissions are loading the atmosphere for larger heat waves, floods, fires and droughts