Business / Finance
Sales of trainers dive as cost of living pressures hit JD Sports performance
Inflation deterring shoppers from spending, especially in the US, says sportswear fashion chain Sports fashion retailer JD has slashed its profit forecasts as cost-of-living press…
GnosisDAO approves Gnosis Chain for Ethereum Economic Zone
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.
Amazon can’t quit Bezos’ drone dream
In today's edition: Amazon drones, Stripe OpenRouter, Google Marvell deal, Meta trial, OpenAI IPO, SpaceX Cognition, YouTube v Netflix, Rivian spinoff Also
BitGo Korea secures VASP registration for institutional crypto custody
Regulators reportedly accepted BitGo Korea’s registration on Tuesday, two days before stricter VASP entry requirements took effect.
Travelodge boss resigns following criticism of handling of assaults; rising consumer confidence gives Burnham ‘golden opportunity’ – business live
Joanna Boydell leaves as budget hotel chain scrambles to improve safetyThe boss of Travelodge has stepped down as the budget hotel chain scrambles to improve safety after two inci…
Travelodge boss steps down after security issues in rooms
Jo Boydell had been criticised for the company's handling of issues with its safety and security.
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’
Smaller, private U.S. oil producers are beginning to ink deals in Venezuela as the dilapidated energy industry evolves.
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
The $1.4 trillion figure may be unlikely, but the case could give states a new way to challenge how social media platforms are designed.
Teachers in one of San Francisco’s richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
Local philanthropist Maja Kristin donated $1 million to fill the gap in teacher salaries.
Companies are spending trillions on AI. The C-suite doesn’t know who is in charge of it
Boards, CEOs, and the executives who report to them are sharply divided on who owns AI.
Relax, everyone: Elon Musk has a mantra to make the climate crisis go away | Emma Brockes
It’s simple, says the SpaceX boss – according to something called the ‘Kardashev scale’, we just have to move energy production ‘off-planet’Next time the weather gives the UK 61 d…
In this economy, millennials and Gen Z would rather break up than date someone in debt: ‘There’s a pretty big divide’
Nearly half of Americans say a partner's debt is a dealbreaker, and younger generations are the pickiest of all.
‘Buyers aren’t yet opening their wallets’: AI-generated assets are flooding marketplaces, but consumers are snubbing them for human-made products
In 3D model marketplace CGTrader, AI-generated assets made up one-sixth of newly uploaded models, but just 2.6% of sales.
Live updates: Bitcoin hits $71,000, ETFs draw $700 million in biggest inflows in months
Spot bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in bearish bets.
HYPE jumps 20% as Trump signals legal US path for Hyperliquid
HYPE reached $72 after Trump said the CFTC was pursuing compliant US access for Hyperliquid, though no formal regulatory plan has been released.
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.
Little Moons co-founder: Your product doesn't have to be perfect to launch
Vivien Wong shares her top tips, job highs and lows, and what a perfect Sunday looks like.
Founder of collapsed Chinese property giant Evergrande sentenced to life in prison
Hui's sentencing marks a key moment in the fallout from Evergrande's collapse, which shook China's property sector.
Oxfam ‘can’t guarantee future’ of charity shops as it also reviews warehouse business
Dwindling donations and stiff competition from secondhand sellers online prompt review but ‘no plans for closures yet’Oxfam is reviewing the operations of its three warehouses in …
Bearish crypto bets lose record $2.7 billion as bitcoin surges toward $70,000
Traders betting against crypto lost $2.74 billion in a day, more than the short side of the October 2025 crash that remains the biggest liquidation event in the market's history.
Rushed CLARITY Act vote could set legislation back, Gallego warns
Gallego said the White House has not provided point-by-point feedback on a bipartisan ethics proposal as a September vote approaches.
Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally
Every major except tron posted double-digit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.
Drill Andy drill? Burnham’s North Sea dilemma – podcast
Helena Horton on why the government may decide to allow more oil and gas drilling in the North SeaThe government is considering whether to allow new oil and gas drilling at two si…
Trump threatens 'tremendous economic consequences' on any country helping Iran
It comes after a 60-day ceasefire expired on Monday, with no sign of a diplomatic or military off-ramp to the conflict.