Business / Finance
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
Billionaires have amassed a nine-figure war chest to defeat Proposition 40 as polls show California voters are nearly split on the one-time tax.
Job vacancies at five-year low as smaller firms scale back recruitment
Small firms cite labour and operating costs as reasons for scaling back hiring, the UK's statistics body says.
Student bank accounts: don’t be swayed by the freebies, freshers told
Sign-up perks may capture the attention but should the focus be on the interest-free overdraft?The best student deals and discountsAn insider’s tips on student moneyIn the scrambl…
The bitcoin price level where leveraged bulls could get whacked
Bulls are stacking longs, liquidity is thinning and one key level could trigger large liquidations.
XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 cross-border payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD stablecoin.
Monad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no
The program came three months before investor unlocks begin, with MON trading below its public-sale price and most of the token supply still outside circulation.
Homeowner feared energy grant scheme was a scam
Councils in Cambridgeshire have asked the government for more money after the success of the scheme.
Ethereum Foundation warns some tools may break with Glamsterdam upgrade
Developers have been urged to test on Plataberget before Glamsterdam’s new gas model reaches Ethereum’s other testnets and mainnet.
'It was either feed my animals or feed myself'
Pet food banks says donations of food have dipped over the summer.
Burnham is choosing jobs over climate security. That’s a big risk | Gaby Hinsliff
The PM’s net zero pragmatism may please some voters, but as parts of the country go up in flames, it’s an increasingly hard sellWhen the siren sounded on Friday night, my first th…
Half of homes in Great Britain taking longer to sell than last year amid mortgage volatility
Many buyers wait in hope of better deal, although there are hotspots in Scotland and northern EnglandHalf of homes in Great Britain are taking longer to sell than last year as vol…
Bitcoin climbs above $64,000 while most majors slip
Miners have cut their computing power by a fifth over three quarters to make room for AI, and Venice's token jumped 10% after the company said it crossed $100 million in annualise…
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.
Top economists urge Burnham to sign UK up to UN initiative on global inequality
Open letter signed by 40 academics including Nobel winner Joseph Stiglitz and Kate Pickett, co-author of The Spirit Level Forty prominent progressive academics are urging Andy Bur…
Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation
Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally.
‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
Binance’s bStocks are the second largest tokenized stock issuer just two months after launch, and BitMart’s internal feud erupts into the spotlight ahead of its closure
Ousted L3Harris CEO Chris Kubasik forfeits $45 million—but he’ll still walk away with $80 million in stock and options
The ex-CEO was previously forced to resign from Lockheed Martin after a 2012 ethics investigation confirmed he had a personal relationship with a subordinate.
Disabled people in England to get 24-hour free bus travel
The change, which has been welcomed by campaign groups, will come into effect in England from April.
US-Canada trade talks 'intense' as new tariff deadline looms
Mark Carney will need to sell Canadians on any concessions made to the US as negotiators scramble to reach a deal to avoid Trump’s latest tariffs.
To joke or not to joke?: How to write a good out-of-office message
As we hit peak holiday season, the BBC looks at the dos and don'ts of composing a good out-of-office message.
Kraken Parent Payward Joins Glasswing, Gets Access to Claude Mythos to Hunt Security Flaws
Payward is joining Project Glasswing, Anthropic’s program for giving vetted organizations access to its powerful cybersecurity AI.
Minnesota Says xAI's Grok Created 'Marketplace for Digital Sexual Violence'
Elon Musk’s AI firm says the state’s first-of-its-kind nudification ban violates the First Amendment. Minnesota says it regulates a tool, not speech.
Kraken parent Payward joins Anthropic’s Project Glasswing for AI security push
Payward will use Anthropic’s cybersecurity model to hunt vulnerabilities and share open-source findings.
New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial
Raul Torrez, New Mexico’s attorney general, is drafting two bills as a separate 29-state trial over child safety opens in Oakland tomorrow.