Business / Finance
AI Has Made Bitcoin Software a Target—This Group Is Fighting Back
A group of 20-odd developers is scanning the Bitcoin ecosystem for AI-discoverable flaws, warning that cheap, powerful models have handed attackers unprecedented reach.
Abdul El-Sayed used Mamdani’s social media playbook to overcome a 9:1 spending deficit. Now he’s facing slander about 9/11
Some of Abdul El-Sayed's music-video-style social ads were made by the same agency behind Zohran Mamdani's campaign.
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.
90% of executives say AI hasn’t boosted productivity. Some are still cutting jobs
Management's optimism about AI has no measurable link to productivity — but layoffs tied to AI announcements do.
Trump says oil companies are ‘making too much money.’ Their own balance sheets agree
Wood Mackenzie finds the industry is sitting on $272 billion in war-driven windfall cash without boosting investment, buybacks or dividends.
TikTok settles children’s privacy suit with DOJ for $400 million
The DOJ calls it a "major victory," but ByteDance is projected to earn $50 billion this year — and the U.S. never proved TikTok violated the law.
Meet the Florida architect who lost his roof at 12 — and now builds for the next Andrew
Jeffrey Huber spent a year in a trailer after Hurricane Andrew. Now his elevated Miami Beach housing is built to survive a 20-foot storm surge.
Trump remakes Rose Garden with loans from secret Supreme Court megadonor Harlan Crow
The statues are part of Trump’s sweeping series of White House renovations, from his gilded makeover of the Oval Office to ballroom and helipad.
Food stamp enrollment plunges as Trump’s demand for more paperwork pushes poor people off the rolls
Arizona cut 400,000 people, more than 50%, from SNAP benefits, citing "unprecedented call volumes and administrative hurdles" from law changes.
U.S. to allow limited livestock imports from Mexico as outbreak from flesh-eating screwworm parasite eases, but total eradication will take time
The U.S. is set to resume livestock imports from Mexico beginning Aug. 24 at the Douglas, Arizona, border crossing.
Harvard to pay $53 million after former morgue manager sold body parts on black market
A court found Harvard acted in bad faith overseeing its morgue before it agreed to pay families of donors whose remains were sold as leather and skulls.
Web3 gaming network Sandbox stops Base and BNB chain bridging after exploit
The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of supply.
Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.
‘The U.S. is not the only game in town anymore’ — Treasury debt faces more competition from higher-yielding bonds overseas than in recent decades
Yields on U.K. bonds have reached 5.81%, and German bonds are also paying 3.76%, versus 5.27% for a comparable U.S. bond. It's a big reason U.S. rates have been drifting higher.
U.S. hits Canada with 50% tariffs, invoking a notorious Great Depression law that has never been used before to impose import taxes
The import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
A Third of the Post-ChatGPT Web Is AI-Written, Pew Finds
Pew Research scanned nearly half a million webpages with an AI detector and found the fingerprints concentrated on .com domains—and multiplying fast.
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.
MiCA is coming for DeFi vaults, but regulation will be difficult
Brussels is reviewing whether crypto lending should fall under MiCA, but DeFi lending vaults are making it harder to determine who, exactly, should be regulated.
I helped turn a California bank into one of America’s fastest-growing. Now I’m building a company to serve the people that banking has failed
The financial system was built for a world where everyone had one employer and a paycheck that landed every two weeks. That world is disappearing.
Auntie v influencers: why YouTubers are ready for battle with the BBC
Content creators are fighting proposal to boost traditional broadcasters in video platforms’ all-powerful algorithmsThe millions who subscribe to the content creator Simon Squibb’…
‘Penchant for bling’: can Sports Direct’s Mike Ashley take a bigger slice of luxury retail?
Frasers billionaire bought Harvey Nichols and increased Hugo Boss stake despite tough times for high-end storesWhat billionaire doesn’t love to splash the cash on a luxury item? S…
Diamonds for sale: lab-grown gem auctions are all over TikTok right now, but some aren’t happy about it
Streamed auctions offer a cheap way to buy the precious gems, but experts warn that quality is not guaranteedThe first time Andrea Greenhill came across a livestream auction for l…
Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto week in 5 stories
Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pu…
Meet the sisters who got dumped by their landlords and were down to their last £15,000 before they built an £8 million business
“There were a lot of tears,” Annabel Lui said, recalling that she and her sister talked for 15 hours about what to do. Their dad said "over my dead body."