Utah charges Kalshi’s founders, escalating a war over who can regulate prediction markets
Utah filed 14 felony counts against prediction market Kalshi and its founders for allegedly violating the state's anti-gambling laws.
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Binance says crypto worth $6.3bn impacted in suspected hack
The firm said roughly $3bn in assets have been frozen and that it will 'cover all losses'.
From workshops to the catwalk - why mended clothes are going mainstream
A new generation is embracing eye-catching patching and visible mends.
Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B
Binance, the world's largest cryptocurrency exchange, said its teams were reviewing all relevant information with urgency and added that user funds were safe.
Google’s $500bn bloodbath reflects the danger it faces from AI
As its search engine sputters, rivals gain ground
Starbucks CEO Brian Niccol reveals new ideas to improve customer service using AI, other tech
The world's largest coffee chain reported fourth-quarter global same-store sales growth of 7.2%, which surpassed analysts' expectations.
Chipotle stock soars after chain reveals menu price increases will reach 3% in fourth quarter as costs climb
Chipotle shares surged after the burrito-and-bowl chain reported improving sales and revealed roughly 3% menu price hikes in the fourth quarter amid rising beef, freight and labor costs.
Google value plunges by $500bn as AI fears rattle Wall Street
Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI search summaries were affecting ad revenue.
Apple’s new touchscreen MacBook Pro can cost up to a whopping $15K, infuriating fans
The Cupertino, Calif.-based tech giant introduced the redesigned laptop Wednesday, touting a new OLED display.
Snowball or avalanche? The best debt repayment plan depends on one thing
So... Which is it going to be?
The hidden ways debt gets more expensive — even if you’re making payments
Credit card APRs are at a record high — don't get fleeced.
Celsius accused of ‘health-washing’ scheme in new lawsuit
A federal lawsuit accuses energy drink maker Celsius of misleading consumers with false claims that its drinks accelerate metabolism and burn fat.
SoCal saloon named California’s ‘best hole in the wall’ for comfort food
A different kind of San Diego experience.
Santa Monica’s secret, charming ‘Gilmore Girls’ shopping district is thriving just blocks from retail apocalypse
It's a tale of two cities.
Meta super PAC pours $1M into Xavier Becerra’s Calif. governor campaign: ‘Straight out of the Zuckerberg playbook’
Mobilizing Economic Transformation Across (META) California – the Mark Zuckerberg-backed super PAC in Meta’s home state – donated a total of $999,066 in five installments between Oct. 20 and Oct. 27, according to campaign finance records. That’s in addition to more than $1.2
Feds slap Google with rare lawsuit claiming tech giant refused to give Army reservist old job back
According to a complaint filed in Manhattan federal court, Mark Davisson had spent 2-1/2 years as a Google key account executive, where he handled cloud services accounts for BlackRock and Bridgewater.
Wall Street con man used 87-year-old Obama donor as ‘front’ to secretly run Nasdaq firm despite SEC ban: suit
Daniel Gordon, a disgraced ex-Merrill Lynch trader who currently owes New York State $59 million in unpaid taxes, allegedly used a prolific Democratic mega-donor as a puppet to skirt his lifetime ban.
US interest rates held steady and economy grows - what it means for you
The Federal Reserve's interest rate decisions affect everything from mortgages to car loans
Kalshi raises $1B, vaulting valuation to $40B — as founders reveal they used to date
Prediction market giant Kalshi has raised a fresh $1 billion in a funding round that values the company at $40 billion – as the company's co-founders fessed to dating back in the day.
Watch: Hundreds queue for city's new Lego store
Fans queued for hours ahead of the opening of a new Lego Store in Norwich.
Big, fat demand for weight-loss drugs fuels Eli Lilly stock surge — as market cap hits $1.2 trillion
Eli Lilly stock hit a record high Thursday thanks to a stronger-than-expected earnings report fueled by sales of weight loss drugs Monjuaro and Zepbound.
Halloween’s new digital leash: Tech firms let parents track trick-or-treaters — and warn of nearby crime
The technology is part of a growing assortment of tracking tools being marketed to anxious moms and dads.
Alleged Chinese spy had ‘close relationship’ with Nvidia boss Jensen Huang: report
An alleged Chinese spy developed a "close relationship" with Nvidia CEO Jensen Huang, setting off alarms among US intelligence officials who were secretly monitoring her communications, according to a report.
Mortgage rates hit lowest level in over a month in welcome news for homebuyers
The benchmark 30-year fixed-rate mortgage fell to 7.24% from 7.32% last week, Freddie Mac said.
Conservative groups warn letting AI giants ‘recklessly crawl the internet’ would jeopardize news outlets, national security: court filing
Conservative groups are urging a Manhattan federal court not to allow AI giants to 'recklessly crawl the internet' without compensating news outlets and other content providers -- warning that it could create an information monopoly and even jeopardize national security, The
Alphabet sheds record $500B in market value as AI fears hit fever pitch
If the stock closes down more than 9.77% in Thursday’s session, it will be the worst post-earnings reaction in the company’s 22-year history and the second-largest single-day loss of any stock.
US economy grows at surprising 3.4% rate, powered by consumer spending, AI investment
The US economy grew at a faster-than-expected pace in the third quarter, as consumers continued to spend despite frustrations over high gasoline prices and companies funneled cash into the AI investment boom.
Bay Area Detroit-style pizza chain axes Palo Alto shop on car-free road
A Detroit-style pizza chain is slicing one of its locations for the first time after just one year.
Bereaved families will not face tax bill over pension delays under new rules
Campaigners had warned some families could face an unfair financial penalty because of delays which were not their fault.
Key inflation gauge heats up thanks to high gas prices — day after Fed hits pause on rate hikes
Consumer prices rose 3.6% in September from a year earlier, the Commerce Department said, up from 3.4% in August.
DoorDash to buy Instacart in $17bn deal it says will expand customer options
Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms said.
Faisal Islam: This Budget was micro and that was deliberate
Chancellor John Healey's plans fall short of radical action to create a promised new economic model.
The South West reacts to Budget announcements
Tourism and business leaders have been reacting to John Healey's first Budget as chancellor.
Why it’s a bad time to be a rat-killer
Private equity and artificial intelligence are nibbling at sales
The world’s biggest maker of spectacles faces a crisis
EssilorLuxottica has been rocked by a petty feud
Island Energy: No plans to remove gas standing charge
The provider said any change would need support from the community, the regulator and government.
Minimum wage rise 'a massive blow' says farmer
Tristan Bennett voices his disappointment in the Budget, describing it as "a lot of tinkering".
Minimum wage increase accepted by minister
A recommendation to increase the minimum wage by 2.8% is agreed by Senator Elaine Millar.
Americans are putting groceries and gas on credit, and the debt is piling up
With U.S. credit card debt at $1.26 trillion, millions of Americans are financing everyday essentials like groceries and gas through revolving credit and installment plans. When basic living costs outpace cash flow, routine household purchases quickly convert into long-term,
'Painful' years ahead, think tanks warn, as living standards set to fall
Budget forecasts show growth in living standards grinding almost to a halt.
DoorDash buys Instacart for $17B in massive food delivery merger — potentially bringing price hikes, faster service
DoorDash announced Thursday it is buying Instacart in a $17 billion deal, combining a massive restaurant takeout service with the nation’s top grocery delivery app -- and potentially bringing a mix of price hikes and service improvements.
European Central Bank President Christine Lagarde will resign in February, nine months early
European Central Bank President Christine Lagarde will resign Feb. 7, nine months ahead of the end of her 8-year term, the ECB said Thursday.
Burnham 'ready to support' Poundland staff as retailer faces collapse
Poundland's bosses are filing a notice of intention to appoint administrators to the business.
Chancellor says government has 'moral duty' to help young people out of work
Chancellor John Healey says any cuts to welfare will be done "in a Labour way".
'We need help for small businesses, not punishment'
People in Bilston react to the new Budget set out by Chancellor John Healey.
Fuel is now liquid gold, haulier says after theft
The fuel was stolen from two vehicles at the weekend, the director of M Pinches & Sons Ltd said.
