Governments weighing crypto reserves target $75 billion pot
All told, more than $75 billion, according to research by blockchain analytics firm Chainalysis Inc. That figure tracks the amount of crypto tied to illicit activity that’s sitting “on chain”—meaning…
From WhatsApp friends to a $500 million-plus valuation: These founders argue their tiny AI models are better for customers and the planet
The city of San Sebastián, in Spain’s Basque region, is a relaxed surfers’ haven that feels a world removed from any war. Yet atop a pine-forested hill overlooking the city,…
Markets look unstoppable, but JPMorgan CEO Jamie Dimon sees a 30% chance of a correction: ‘I’m far more worried than others’
Jamie Dimon, CEO of the world’s most valuable bank and architect of the “fortress balance sheet” that helped JPMorgan emerge unscathed from the 2008 financial crisis, believes investors are downplaying…
HavocAI raises $85M to sell autonomous boats to the U.S. military as startups vie for money set aside in Big Beautiful Bill
In the aftermath of the passage of President Trump’s Big Beautiful Bill—which set aside billions of dollars for rapid prototyping and integrating artificial intelligence systems for the Defense Department—startups are…
Oil prices fall as Israel and Hamas strike a rare truce, calming markets after months of unrest
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.U.S. markets are little changed early Thursday morning but continue to hover near all-time highs as a couple of high-profile…
Stripe exec says she’s hiring new grads more than ever but she’s ‘sweating’ about the Gen Z talent pipeline—and warns the era of skills is at risk
“On the lower end, there’s a set of jobs that we will always want humans to do. There are set of service-oriented things that are very human in nature,” Stripe’s…
You’re 10 times more likely to have a flight delay during the government shutdown, Transportation Secretary says: ‘These controllers are stressed out’
Thanks to the government shutdown this month, flight delays are even more prominent. In fact, Transportation Secretary Sean Duffy said on Wednesday that delays are 10 times more likely now…
The Trump-brokered Gaza truce includes a U.S.-led reconstruction plan and Arab-led security in Gaza
Even with the agreement expected to be signed later in the day, Israeli strikes continued, with explosions seen Thursday in northern Gaza. There were no immediate reports of damage or…
AI isn’t in a bubble—the cash (and the hype) are real, these analysts say
For weeks, all the talk on Wall Street is that the growth of the AI sector must, surely, be unsustainable and that this bubble is due to pop. The record-high…
Morgan Stanley’s head of financial planning on 4 steps you can take to start building generational wealth
In an unpredictable world, a sound financial plan can help you take control and work towards building wealth regardless of your financial status today. It’s not just about managing money; a…
