Business / Finance
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting hasn’t started yet
Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a "timely and precise" attack to break the blockade, an Iranian official told Reuters.
Bitcoin hits $64K as gold gains while oil shakes off Trump Oman threat
Bitcoin price strength saw BTC/USD pass $64,000 on 2% daily gains as gold pushed higher while US stocks wobbled on fresh US-Iran rhetoric.
Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses
Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annu…
‘I was carrying a lot of shame’: why people are sharing breakdowns of their debt online
In an era of transparency, people are more willing to talk about money struggles on the internet, breaking one of the last social taboosDiscussions regarding personal finances hav…
What Stripe's $7 Billion OpenRouter Deal Actually Means for AI
Stripe just bought the layer that decides which AI model answers your prompt—and it was already collecting the money for it.
Tom Lee’s Bitmine Buys Another $19 Million in Ethereum as Stash Nears 5% of Total Supply
The firm says it's 96% of the way to owning 5% of Ethereum's total supply, according to Chairman Tom Lee.
Councils won’t be able to block betting shops | Letters
Roger Cornwell says under government plans, councils will lose some planning powers, and Alan Knight says reducing high-street betting fuels illegal online gambling. Plus a letter…
Billionaire Gen Zer dropped out of high school to launch his start-up at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe
James Dacombe, the 25-year-old behind AI chip-making firm Olix and brain monitoring startup CoMind, says being young and “naive” was a career advantage.
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after retail traders lost…
Leading economies’ borrowing costs hit highest since 2008 crisis
Concern over impact of Iran war pushes up government bond yields in US, UK, France, Germany and JapanGovernment borrowing costs in several advanced economies hit their highest lev…
Siemens CEO keeps his inbox below 100 with 2-letter replies—and has no recurring meetings with direct reports: ‘I don’t need to entertain people’
CEO of $256 billion Siemens, Roland Busch, replies to emails with just ‘OK’ or ‘No.’ Anything longer, and the boomer will voice note his team on the move.
U.S. Treasury Department proposes GENIUS Act stablecoin rule
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year.
China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report
The White House claimed last week that the rerouting of Chinese goods cost the U.S. as much as $303 billion.
Unitree vs. Shein: How August’s big China IPOs show how AI hype is leaving e-commerce giants behind
Unitree may be smaller and younger compared to Shein. But in the eyes of investors, the robot maker is the more exciting bet.
The Coldcard hack proves reputation is not a security model
A community built on verification spent five years outsourcing its judgment to one man, writes Foundation CEO Zach Herbert.
Tom Lee's Bitmine now owns 4.8% of Ethereum supply after latest ETH purchase
The crypto treasury company bought another 9,926 ETH last week, extending a buying streak that began in June 2025.
How a bug in Coldcard’s code went unnoticed for years, leading to $100 million in hacked funds
Crypto’s favorite maxim, “don’t trust, verify” wasn’t followed in the case of Coldcard’s code.
Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high
Walmart, Target, Home Depot and Lowe's report earnings this week after the steepest drop in U.S. retail spending in more than a year.
Canadian auto billionaire’s fortune doubles even with US tariffs
Shares of Linda Hasenfratz's Linamar climbed 27% in 2026 after Trump's tariffs spared auto parts, which make up more than 60% of its earnings.
Hackers Are Abusing a macOS Screen Sharing Flaw to Secretly Mine Monero
The Dutch cyber agency says attackers exploited an authentication flaw in macOS Screen Sharing to gain root access and plant Monero miners, with public proof-of-concept code now c…
Mortgage Rates Today, Monday, August 17: A Little Jolt
Mortgage interest rates are higher today, and where they head next could depend on events overseas.
‘Humiliated’: Sainsbury’s store pauses AI scanning after false shoplifting accusation
Supermarket chain says ‘human error’, not its Facewatch technology, to blame for ejecting a customerSainsbury’s has paused the use of AI face scanning in one of its stores after a…
Morning Minute: Trump To Meet Crypto, Prediction Market CEOs This Week
The meeting comes while progress on the Clarity Act has been delayed and the SEC's latest rulemaking postponed.
Cava CFO on growth, AI and why price hikes aren’t on the agenda
Tricia Tolivar explains how Cava is scaling to new markets.