Business / Finance
September Fed interest-rate increase is 'very unlikely,' Goldman Sachs says
Soft economic data has Goldman Sachs doubting a September rate increase, offering good news for bitcoin bulls.
BitMart account demands founder explain funds status, Xia calls claims ‘fabricated’
BitMart’s Chinese-language X account demanded an Aug. 19 repayment plan, while Sheldon Xia called its claims of blocked withdrawals and non-payment of salaries “fabricated rumors.”
Billionaire founder agrees with Elon Musk, Sam Altman and Jeff Bezos: We will live and work in space—and could be commuting to the moon by 2030
“We'll have a moon base, people living and working on the moon,” says billionaire Voyager Technologies founder Dylan Taylor.
Biggest August fall in British house prices since 2018; Dimon warns UK against higher bank taxes – business live
British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reportsAsking prices for newly listed homes in UK’s richest borough fall by £100k in one month…
British Gas paid me £38,000 by mistake, and I can’t give it back
It said that was what I was due after I submitted a claim for £300 for energy exported through my solar panelsBritish Gas paid me more than £38,000 by mistake, then had no idea ho…
Greenlane’s $70M BERA treasury ends Q2 valued at $16M
Greenlane recorded a $19.1 million noncash valuation loss as BERA’s price fell nearly 76% year to date.
The bitcoin futures market looks like a crowded club with a tiny exit – and it could cause pain
The market may be facing a dangerous liquidity mismatch as futures open interest outpaces trading volume by a significant margin.
Sainsbury's pauses AI cameras after shopper ousted
Matt Arnold says he was asked to leave the store after being wrongly flagged as a shoplifter.
XRP traders bet on a rebound as price slips to $1 and bearish chatter surges
Futures open interest climbed to $2.78 billion and traders on Binance and OKX leaned heavily long, even as social sentiment hit a three-month low.
Bitcoin tops $64,000 in Asia morning hours as HYPE jumps 8% on the week
Every major gained on Sunday, though bitcoin, ether, XRP and solana are all lower over seven days.
Are Microsoft’s AI plans being held back by a shortage of chips?
Guardian investigation finds apparent discrepancy between what tech company has said about its AI capacity – and the number of advanced chips it has in operationThe chips are quit…
Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month
Fierce competition in some areas of London means landlord purchasers are making successful lowball offersThe average price of a home coming up for sale in Britain’s richest boroug…
Chainalysis sues US over $95M ICE contract with TRM Labs
The sealed complaint leaves Chainalysis’ specific objections and requested remedy undisclosed as briefing continues.
Ferrari's first ever electric car sold for record $40m at auction
The Luce's launch drew backlash from some commentators who said it broke from the brand's signature dramatic styling.
Data of 54,000 wallet users leaked, CLARITY odds just 10%: Hodler’s Digest
Owners of Trezor and SafePal crypto wallets at high risk of phishing attempts after separate data leaks, CLARITY odds at 10% despite White House meeting this week.
Blanche defends reflecting pool prosecutor who angered Trump
“Now, that’s different than whether the president is extraordinarily frustrated at what happened in that case. And I don’t in any way fault him for that.”
How switching your bank account could earn you up to £220
New research suggests staying put is costing British savers billions in missed interest every year.
Summer jobs bounce back in UK thanks to busy calendar of sport and music
Industry tracker finds ‘exceptionally warm weather’ has helped boost job listings in hospitality and tourism sectorThe summer job has staged a comeback this year thanks to the hot…
US probe on Mark Walter focused on four intermediaries, WSJ says
Prosecutors and the SEC are looking into whether Walter or the businesses he controls committed fraud by concealing financial connections while borrowing billions from the insurer…
Skyrocketing beef prices finally have Americans reaching their spending limit
Beef sales volumes in the 13 weeks ending in mid-July, a crucial stretch encompassing both Memorial Day and July Fourth, fell 0.3% from a year earlier.
Dimon warns UK’s Healey against raising taxes on banks, FT says
Dimon said higher taxes often drive away jobs, citing a decline in finance jobs in New York that he blamed in part on the city’s tax burden.
Stripe clinches over $7 billion deal to buy AI firm OpenRouter
The deal comes just months after OpenRouter raised money at a reported $1.3 billion valuation.
BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims
The allegations center on the way a 2024 documentary edited a speech Trump gave on Jan. 6, 2021, before protesters attacked the Capitol in Washington.
U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’
A day earlier, Trump posted a photo of himself standing next to North Korea’s Kim Jong Un, writing that the two leaders get along great.