Category

Finance

The latest published reporting in this category.

Finance

Health is wealth? Polymarket and Kalshi now host bets on measles and other US health crises

Experts warn of risks of platforms hosting bets tied to US public health – including vaccine mandates and drug trials The sign was pasted on a construction fence next to an elementary school in the Brooklyn borough of New York City. “Vaccines,” it proclaimed in bold capital letters against a blue star-spangled background – appearing, at first glance, to be like any other public health message on the importance of getting vaccinated. But at the bottom of the sign, in smaller letters, it read: “Will any state end vaccine markets?” It was accompanied by the logo for Polymarket, an online predicti

The Guardian
Read more
Finance

‘Don’t lie to me to get free stuff’: how small businesses are fighting back against influencers

From diva-like behaviour to freebie requests that never result in a review, ‘entitled’ content creators are a growing blight on small-business owners. Now entrepreneurs are calling them out Nicole Flanagin remembers exactly the moment an influencer came after her business. It was the early hours of a March morning and the cat cafe owner in Lenoir, North Carolina, got a message. “At 1.37,” she says, “a friend sent me the link to this girl’s TikTok.” The 41-year-old was already having a bad 24 hours. A mother of four, Flanagin also works at a pet rescue shelter and had spent the previous day uns

The Guardian
Read more
International

Microsoft says services fully restored after global outage hits governments

Tech company says operations restored to all customers and regions affected by one of worst IT failures in years Microsoft has said its service has been fully restored after a massive outage that resulted in widespread disruption to governments, businesses and public services around the world. The technology company said on Saturday morning it had restored service to the remaining customers affected by one of the worst IT failures in years. On its Microsoft 365 status page, the US-based firm said: “We have completed our efforts to address the underlying issue of the incident and restored servi

The Guardian
Read more
Crypto

US Stocks Bled as Huang’s Departure From Nvidia Rattles Investors

The US stock market faced immense pressure through the end of trading on November 13 as tech-market concerns, fueled by Huang’s departure from Nvidia, continued to weigh on sentiment. Tech-heavy indexes took the biggest hit, adding to the recent streak of losses amid growing jitters over AI valuations. Ad Ad US Stocks Dumped on Friday The post US Stocks Bled as Huang’s Departure From Nvidia Rattles Investors appeared first on CoinGape.

CoinGape
Read more
Finance

Greenpeace boulders may delay building of £12bn windfarms in North Sea

Activists dumped rocks off Norfolk coast on site of Burnham-backed project in protest against seabed trawling The giant offshore windfarms backed by Andy Burnham this week may face unexpected stumbling blocks after Greenpeace activists unwittingly dumped about 15 tonnes of boulders on to the site as part of a campaign against seabed trawling in the North Sea. Greenpeace created the “boulder barrier” to safeguard harbour porpoises off the Norfolk coast by dropping giant stone blocks, each weighing up to 2 tonnes, on to the sea floor to prevent a method of fishing known as bottom trawling. Conti

The Guardian
Read more
Crypto

Ohio Victim Loses $198,232 in Cryptocurrency Scam, DOJ Seeks Forfeiture of Traced Funds

Federal prosecutors have filed a civil forfeiture complaint targeting cryptocurrency traced to a fraud that drained nearly $200,000 from an Ohio man’s retirement savings. An Eastlake resident transferred funds from his retirement account to a local bank and then to Coinbase after an unsolicited caller using the alias “Jake Williams” posed as a trading expert, […] The post Ohio Victim Loses $198,232 in Cryptocurrency Scam, DOJ Seeks Forfeiture of Traced Funds appeared first on The Daily Hodl.

The Daily Hodl
Read more
Finance

Guardian to follow lives of eight young people in their search for work

How long will it take? What challenges will they face? Series to shine light on one of biggest crises facing UK ‘The social contract is broken’: young people on feeling shut out of careers Britain is at risk of creating a lost generation. Across the country, almost a million young people – one in eight – are struggling to make the leap from school to the world of work on a lasting basis. Before the landmark Alan Milburn review, which is expected on Tuesday, the Guardian is launching a new series to chronicle the lives of eight young people battling to get a start on the career ladder. Continue

The Guardian
Read more
Finance

‘The social contract is broken’: young people on feeling shut out of careers

In the first instalment of a new series, four young people reveal the impact of an endless cycle of applications and rejections Guardian to follow lives of eight young people in their search for jobs “I’ve been demoralised by the process, just constantly applying, then interviewing. I’ve just been applying to any jobs that I could find. I’d really like to be employed by now. Some companies don’t even give rejection emails … they’re not obligated to reply to the prospective interviewee, but they should be compelled to.” Continue reading...

The Guardian
Read more
Crypto

Big Banks Have Nearly $1 Trillion Tied to AI. What If the Boom Cracks?

The largest US bank holding companies have close to $1 trillion in exposure to firms behind the AI buildout. The Federal Reserve (Fed) disclosed the figure in its November Financial Stability Report. The Fed still describes the banking system as sound, with high capital ratios. Yet 87% of market contacts surveyed by the New York The post Big Banks Have Nearly $1 Trillion Tied to AI. What If the Boom Cracks? appeared first on BeInCrypto.

BeInCrypto
Read more
Finance

Tout offers £1m of U2 tickets on StubHub, raising questions about ‘bot’ clampdown

Artists and industry figures call for culture secretary to ‘shut down the touts’ by outlawing resale for profit One tout is advertising £1m of tickets for U2’s long-awaited 2027 tour through StubHub, raising questions about the website’s condemnation of professional ticket traders who use “bot” software to scoop up tickets and exploit genuine fans. Seats for the four-night London leg of the Irish band’s The Greatest Show on Earth tour sold out last week, shortly after going on sale. Continue reading...

The Guardian
Read more
Finance

UK-EU breakthrough will allow airport-style checks at Eurotunnel to avoid border ‘chaos’

Eurotunnel owner Getlink wants to replicate ‘airport experience’ at Folkestone and Calais, without making people get out of cars Airport-style passport and fingerprinting controls are to be introduced at Eurotunnel in an attempt to prevent “short-term and long-term chaos” in Folkestone and Calais. In a breakthrough for travellers, the European Commission has agreed to a new system in which an “eagle eye” camera system, already used in Rome and Paris airports to supervise fingerprinting and facial imaging, will be used at the border between the UK and France. Continue reading...

The Guardian
Read more
Finance

Airport chaos continues after US ground stop lifted – as it happened

This blog is now closed. See our full reports: US aviation agency lifts nationwide ground stop affecting all air travel Chaos at US airports as flight stoppage grinds travel plans to a halt Sign up for the Breaking News US email We’re wrapping up this live coverage of the US ground stop and travel chaos that followed – it’s just passed 12.50am in Washington DC. Below’s a rundown on what happened, and you can read a full report here. Thanks for being with us. The Federal Aviation Administration declared a nationwide ground stop on Friday afternoon, throwing airports into sudden chaos, after a c

The Guardian
Read more