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The Latest Breaking News on Business

Bankman-Fried loses bid to overturn crypto fraud ruling

A three-judge panel has rejected Sam Bankman-Fried's bid to overturn his 25-year prison sentence over the collapse of the FTX cryptocurrency exchange.

AAP

Bitcoin Used as Collateral to Buy a $4.2M Home: Fannie Mae-Backed Deal Closed in Just 23 Days

A $4.2M Florida home became the first with a Bitcoin-backed mortgage, combining crypto and Fannie Mae, which was closed in just 23 days.

International Business Times UK

After SpaceX’s huge IPO, Americans’ financial future will be bound to AI

They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfolios

The Guardian - US

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Bank of America told investors to 'take profits.' Then the Nasdaq fell 7%

Days before the worst chip rout since 2020, BofA warned that seven warning lights were flashing.

Fortune

Xbox Layoffs Imminent? CEO Says Company Is 'Over Extended' After Years of Expansion

Microsoft's Xbox reportedly plans major layoffs in July as new CEO Asha Sharma warns the gaming unit is overextended after a $20B five-year spending spree.

International Business Times UK

Are your hybrid meetings doing more harm than good? New survey finds many of us 'forget' about remote colleagues

New study reveals hybrid meetings can isolate remote workers due to outdated technology and meeting fatigue.

TechRadar

Lyft, Uber sue New York City to block driver retention law

Both companies are challenging Local Law 52 of ‌2026, which ⁠generally prevents ⁠large ride-sharing companies from swiftly dismissing drivers absent a "bona fide economic reason" or "just cause."

The Economic Times

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We all hate ads on today's smart TVs, but a report says they're a big part of why TV prices haven't had to rise as a result of the memory crisis — so if you're upgrading your set for the World Cup, say thanks to advertisers, I guess

TVs aren't immune from the electronics component crisis –but manufacturers had already given up on making money from hardware

TechRadar

Evercore Reiterates Amphenol as a Top Pick Thanks to Its Key Role in AI Data Center Infrastructure

Evercore highlights Amphenol Corporation's critical role in supplying high-speed interconnects, connectors, and cables for the expanding AI data center infrastructure buildout.

Barchart

Dollar Falls as President Trump Cancels Attacks on Iran

The dollar index (DXY00 ) fell from a 2-month high on Thursday, finishing down by -0.17%. The dollar gave up an early advance on Thursday and moved lower after stocks rallied sharply and crude oil prices sank when President Trump said he called off planned strikes against Iran and that...

Barchart

Are we finally starting to trust agents? New report claims 74% 'trust a personal AI agent more than their best friend'

One in 10 consumers already trust AI agents to complete transactions without their approval as trust continues to rise.

TechRadar

Why Is Carl's Jr. Closing? The Real Reason a Major Franchisee Is Selling Dozens of Locations After Bankruptcy

A Carl's Jr. franchisee in California is closing or selling 59 restaurants after filing for bankruptcy, citing rising costs and declining profitability as key challenges.

International Business Times UK

Microsoft's search lead unveils a Bing 'kill switch' for Copilot AI answers: "Not everyone wants AI for everything"

Microsoft gives Bing users more control with a new extension that lets users remove AI-generated answers.

Windows Central

Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%

US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a war-driven rally as diplomatic back-channel talks between Washington and Tehran signalled possible de-escalation. Iran's Strait of Hormuz closure and record-low OPEC output kept supply fears alive. But…

The Economic Times

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International Business Times

Is Cardano Dying? ADA Price Crashes to New Low and Founder Abandons Project

Cardano crashed to $0.16, its lowest since 2020, down 42% in a month. A partition bug, collapsing TVL, and whales quietly buying the blood. Is ADA done?

Kiplinger

I'm a CPA: These Are the Q2 Tax Moves Every Business Owner Should Be Making Now

Don't wait until Q4 to talk to your tax adviser or CPA. Business owners and the self-employed should be using April's tax return to shape the rest of the year.

Everybody Loves Your Money

The Roof-Age Rule That’s Getting Homeowners Nonrenewed

Home insurance has started to feel a lot less predictable, especially for homeowners who have lived in the same house for years without major updates. One of the biggest surprises hitting policyholders involves something many people rarely think about: the age of the roof. Insurance companies now scrutinize roofs more…

Barchart

Is Equifax Stock Underperforming the Nasdaq?

Equifax has lagged behind the Nasdaq Composite over the past year, and analysts remain moderately bullish about the stock’s outlook.

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news in one place.

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International Business Times

OpenAI Reportedly Considering Slashing Prices To Compete With Anthropic

OpenAI is considering slashing prices to lure consumers using Anthropic, according to a new report.

The Independent UK

The best day to start your vacation for cheaper hotel stays

As consumers struggle to keep up with rising prices, a leading hotel booking site may have the key to help lowering some travel costs

International Business Times

Wholesale Prices Rise More Than Expected In May, Highlighting Inflationary Pressures

Wholesale prices rose more than expected in May, highlighting inflationary pressures in the U.S.

GOBankingRates

Why More Retirees Are Going Back to Work — and the 4 Jobs They Want Most

Rising costs are reshaping retirement as more Americans take on flexible work in retail, consulting, hospitality and delivery roles.

The Economic Times

Americans wary of AI-driven data center boom, Reuters/Ipsos poll shows

Americans are not happy with the fast building of data centers for AI. Most people do not want these centers in their neighborhoods. They worry about higher electricity bills and job losses. This issue is important for voters ahead of the upcoming elections. Fourteen states are looking at pausing new…

International Business Times UK

Bitcoin Has Erased All of Its Trump-Era Gains — $1.2 Trillion Lost in Eight Months

Bitcoin's price has fallen just above $60,000, losing over $1.2 trillion in value. Investors are turning to AI amid economic challenges, higher interest rates, and market liquidations.

Reason

The Next AI Success Story Might Be Nepal

A market-friendly ruling party, abundant energy, and ample talent could jumpstart a new tech hub in the Himalayas.

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