‘Cut-throat’ battle for crypto ETNs erupts in UK after retail ban lifted
With retail access restored, crypto exchange-traded notes issuers slash fees to historic lows, signaling an intensifying battle for UK market…
BTC mining industry finances AI gold rush with $11B convertible bond boom
The Bitcoin mining industry is financing its expensive pivot to AI data centers with convertible debt that sometimes features a…
US senator questions USD1 launch on Binance.US following CZ pardon
Senator Chris Murphy alleged corruption over the exchange "promoting Trump crypto" shortly after the US president issued a pardon for…
A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch
Global automakers are bracing for a potential shortage of automotive semiconductor chips sparked by geopolitical tensions between the U.S. and…
Billionaires are spending big to stop Zohran Mamdani’s NYC mayoral bid
Bill Ackman, Ronald Lauder, William Lauder, Barry Diller and Dan Loeb have all made large donations to stop Mamdani. So…
The biggest takeaways from the Trump-Xi meeting — what the truce covers and what is still unclear
President Donald Trump said the rare earths agreement is a one-year deal that will be "very routinely extended as time…
Chipotle stock craters as Wall Street grows concerned after company cuts forecast
At least five Wall Street analysts have cut their price targets for Chipotle shares after the chain's third-quarter earnings report.…
Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta's results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results. ...
Paramount slashes roughly 1,000 jobs, with another 1,000 coming soon, to address post-merger ‘redundancies’
Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, a Skydance…