Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company said will improve efficiency. CEO Vlad Tenev told staff the company is reducing 10% […]
Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open. Tensions between the […]
Oil prices turned lower after Israel and Iran-backed Hezbollah agreed to a ceasefire from 4 p.m. local time on Friday (9 a.m. ET), a U.S. official told CNBC. The report comes shortly after follow-up talks […]
Spend a day at Shanghai Disneyland and you wouldn’t know Chinese consumers are struggling. Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they […]
SHENZHEN, CHINA – APRIL 12: A Chinese national flag is seen in the foreground with container ships, cranes, and stacked shipping containers at the Yantian International Container Terminal under cloudy skies, on April 12, 2025 […]
Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets over sports event contracts. State Attorney General Russell Coleman said in […]
The Fox Corp. headquarters are seen on June 15, 2026, in New York City. Michael M. Santiago | Getty Images The media industry has long been preparing for consolidation and mega deals. And yet Fox […]
Key Takeaways VARA released strict AML guidelines in 2026 requiring Dubai crypto firms to use data-driven risk models.Crypto businesses must now update their risk profiles at least every 3 months or face regulatory action.The UAE […]
A year after spending over $14 billion to bring in Alexandr Wang and a group of his top Scale AI engineers to revamp its artificial intelligence efforts, Meta is at least back on the map […]
At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding. Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company […]
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