Kraken Acquires Small Exchange for $100 Million to Expand U.S. Derivatives Footprint
The acquisition allows Kraken to offer regulated futures and options and reflects the growing maturity of the cryptocurrency market.
New York Office Market Rebounds as Leasing and Corporate Investment Pick Up
Manhattan’s office sector is enjoying its most notable resurgence in nearly two decades as record leasing activity and renewed corporate commitments revitalize the market.
Congress Rushes to Extend Obamacare Subsidies as Wall Street Bets on a Temporary Fix
A potential subsidy deal may calm investors, but insurers face deeper structural flaws that short-term policy fixes cannot solve.
China’s Rare Earths Dominance Gives it Control over Global Industry
Beijing’s long pursuit of control over rare earths now gives it leverage across industries from electric vehicles to defense.
Just In: Boston Scientific Acquires Nalu Medical for $533 Million
The acquisition brings a novel neurostimulation device into Boston Scientific’s portfolio, expanding its capacity to provide effective solutions for chronic pain management.
Singapore and Malaysia Forge Historic 3-GW Green Power Alliance
Singapore gains access to hydropower and low-carbon energy from Malaysia, marking a major step in regional clean energy cooperation.
The End of an Era as TiVo Discontinues its DVRs and Leaves Loyal Users in Limbo
TiVo’s halt of DVR production marks the end of a technology that redefined television viewing and gave audiences control over when and how they experience television.
Fossil Fuels will Remain Dominant in Global Energy Mix Beyond 2050, McKinsey Says
Despite rapid growth in renewable energy, McKinsey’s latest analysis projects that oil, gas, and coal will continue to supply over half of global energy needs by 2050.
LVMH Reports 1% Q3 Sales Growth as Chinese Spending Rebounds
Flagship stores and digital outreach revive momentum for LVMH across fashion, jewelry, and spirits.
Trade War Turns Tidal as the U.S. and China Clash Over Port Fees
Washington and Beijing have taken their rivalry to the high seas. New port charges on each other’s vessels threaten to deepen tensions and disrupt global trade routes.
Southern Italy Finds its Second Wind as Workers Return Home
After decades of decline and migration, Italy’s south is showing real signs of renewal as returning workers and fresh investments reshape its future.
Wall Street Today Echoes 1929, Warns Andrew Ross Sorkin
The acclaimed financial journalist cautions that speculation, growing debt, and deregulation are creating market conditions reminiscent of those that triggered the Great Depression.
U.S. National Debt Surpasses $37 Trillion, Threatens Economic Stability and Fiscal Resilience
As borrowing reaches historic highs, the growing debt forces a re-evaluation of economic priorities and tests the limits of government policy.
Washington Moves to Stabilize Argentine Peso Amid Inflation, Investor Concerns
By directly buying pesos, the U.S. signals immediate support for Argentina’s fragile economy and emphasizes the need for broader reforms to secure market stability.
Elettrica is Built for Performance, Precision, and Sports-Car Thrill
The Elettrica marks Ferrari’s first fully electric car delivering advanced engineering, breathtaking performance, and a new vision for luxury driving.