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Stablecoin card spend is growing 100% year over year, Rain exec says

  • May 9, 2026, 11:52 p.m.
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Stablecoin-based cards could soon account for double-digit percentages of all cards in some Latin American markets, John Timoney, head of strategic partnerships at Rain, a payments infrastructure plat

via www.coindesk.com

Sony records a $766 million impairment loss against Bungie for the 2025 financial year, a 1-2 punch of Destiny 2 and Marathon failing to meet its expectations

  • May 9, 2026, 11:06 p.m.
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Sony has recorded a wince-inducing impairment loss of ¥120.1 billion ($766 million / £562 million) against Bungie for the financial year ending 2025 (that's the financial year that ended March 31, 202

via www.pcgamer.com

Ted Cruz says Trump accounts are Social Security personal accounts, revealing 'dirty little secret'

  • May 9, 2026, 7:37 p.m.
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Republican Sen. Ted Cruz suggested the so-called Trump accounts for American children are part of an effort to revamp Social Security, a sensitive political subject long regarded as the “third rail” i

via fortune.com

China's foreign trade up 14.9% in first four months

  • May 9, 2026, 3:06 p.m.
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China's foreign trade grew by 14.9 percent on a yearly basis to reach 16.23 trillion yuan ($2.39 trillion) in the first four months of 2026, according to data released by the General Administration of

via www.kunming.cn

The Nasdaq's top winners are now running hotter than in 2000: Chart of the Day

  • May 9, 2026, 1:16 p.m.
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The top dot-com stocks were making history in 1999 and 2000. Today's Nasdaq winners are crushing even those gains. The top 10 performers in the Nasdaq 100 (NDX) over the past year are up an average o

via finance.yahoo.com

Economist: Don't Listen to Hegseth, Trump's Iran War Will Cost 'Very Possibly Trillions'

  • May 9, 2026, 5:01 a.m.
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University of Michigan professor Justin Wolfers on Friday joined a growing number of economists and other critics casting down on what he called "the Pentagon's lowball $25 billion estimate" for the c

via www.commondreams.org

Fine Print: How Uniform Rental Contracts Explain the U.S. Economy

  • May 9, 2026, 3:06 a.m.
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“When you sign a piece of paper or their iPad for them, that is a contract. Heads up. Don’t ever sign anything that a driver hands you during the course of your initial agreement, that is extending th

via www.thebignewsletter.com

UAE Ships Oil Through Strait of Hormuz Without Location Trackers

  • May 8, 2026, 10:21 p.m.
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The United Arab Emirates (UAE) has transported oil shipments through the Strait of Hormuz, a critical global oil transit route, with vessel tracking systems disabled, as tensions with Iran disrupt mar

via www.kyivpost.com

Hegseth aims to cut through the bureaucracy with ‘Deal Team Six’

  • May 8, 2026, 8:46 p.m.
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The Department of Defense launched a team of elite private sector businessmen tasked with handling and approving defense contractor negotiations, aimed at fixing the former “broken Pentagon bureaucrac

via www.defensenews.com

How Is Oil Futures Complacency Risking Global Supply Chains?

  • May 8, 2026, 8:16 p.m.
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The oil market is sending two completely different signals. Oil futures suggest stability, but physical barrels and refined products are already trading at crisis levels. This growing disconnect is fu

via www.disruptionbanking.com

The real trouble with the US debt topping 100 percent of GDP

  • May 8, 2026, 6:06 p.m.
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For the past few days, I’ve been weighing the significance of news that the US national debt now exceeds the size of our entire economy, which The Wall Street Journal reporter Richard Rubin called “cr

via www.atlanticcouncil.org

Bloodbath at Silicon Valley giant as CEO’s savage memo to staff emerges

  • May 8, 2026, 5:31 p.m.
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Cloudflare is axing more than 1,100 employees in a worldwide bloodbath as the San Francisco tech giant dramatically restructures. Founders told staff that the company’s internal use of artificial inte

via nypost.com

Hut 8 Stock Drops After Record Rally as Wall Street Raises Targets

  • May 8, 2026, 3:17 p.m.
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Image from MarketBeat Media, LLC. Hut 8 stock pulled back on Thursday, May 7, 2026, after a sharp breakout that sent the shares to a record high above $100 in the prior session. Reuters reported that

via truthsandnews.com

‘Different from anything in the past 80 years of dollar dominance’: U.S. sanctions spur a ‘paradox’ pushing allies away from American currency

  • May 8, 2026, 10:16 a.m.
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The world’s de-dollarization push continues, but this time, it’s America’s allies who are pulling back from greenbacks. Canadian Prime Minister Mark Carney announced last week a $25 billion sovereign

via www.yahoo.com

California tech company Cloudflare to lay off more than 1,000 workers, cites AI

  • May 8, 2026, 5:31 a.m.
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This is read by an automated voice. Please report any issues or inconsistencies here . Cloudflare is laying off 20% of its staff, the latest technology company to announce big cuts as it uses more ar

via www.latimes.com

Youth unemployment in Canada jumped 57% in 3 years, hitting levels previously unseen outside a recession

  • May 7, 2026, 11:01 p.m.
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Ask The Hub Ask The Hub The article blames immigration and minimum wage hikes. Are these the only possible explanations for youth unemployment, or are there other factors to consider? How might the w

via thehub.ca

The 10 Best vs. Worst Job Markets in First World Countries in 2026

  • May 7, 2026, 10:01 p.m.
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Unemployment rates aren’t just statistics, they reflect the state of job opportunities and market conditions worldwide. If you’re curious about how your local job market stacks up against the best and

via upperclasscareer.com

Treasury expected to borrow $2 trillion this year—more than $166 billion every month

  • May 7, 2026, 1:51 p.m.
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The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to the latest estimates out of the Executive Office of the president—a figure described as “b

via fortune.com

Airbnb CEO Brian Chesky regrets not obsessing over hiring sooner

  • May 7, 2026, 1:34 p.m.
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If you're applying to work at Airbnb, the CEO may be reviewing your application. Loading audio narration... Airbnb CEO Brian Chesky said on Tuesday's episode of the "Invest Like the Best" podcast th

via www.businessinsider.com

Where did the EU’s Covid recovery money go? Auditors say it’s hard to tell

  • May 7, 2026, 11:31 a.m.
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Because the EU Commission is not obligated to collect the data, even in cases where member states have that information, it is hard to tell who benefited and by what amount The EU’s €577bn pandemic r

via euobserver.com

Poland expands 1% levy on devices to include laptops, smartphones and TVs

  • May 7, 2026, 10:46 a.m.
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Keep our news free from ads and paywalls by making a donation to support our work! Notes from Poland is run by a small editorial team and is published by an independent, non-profit foundation that is

via notesfrompoland.com

Anthropic Doubles Estimate for Claude Code Token Spend

  • May 7, 2026, 10:01 a.m.
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The Claude Code costs of months' past are not today's. A quiet change Anthropic made to its website reflects the evolving costs associated with how people are using AI today. Loading audio narration.

via www.businessinsider.com

The 'K-shaped economy' has shown up at the gasoline pump

  • May 6, 2026, 11:46 p.m.
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The war in Iran has sent crude oil — and therefore gasoline — prices surging. On Wednesday, the national average price for Americans to fill up their cars was $4.53 per gallon, per AAA. How those pri

via www.yahoo.com

Report: SpaceX IPO gives Musk unchecked power and forbids investor lawsuits

  • May 6, 2026, 11:07 p.m.
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SpaceX’s plan to go public will reportedly give CEO Elon Musk “virtually unchecked executive authority” and limit the rights of shareholders to sue the company. The plan, reported by Reuters today, co

via arstechnica.com

The Sharp Decline in Americans Who Are Both Married and Homeowners by Age 30 (1960-2025) — Hive

  • May 6, 2026, 8:51 p.m.
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Data from U.S. Census Bureau IPUMS microdata (as analyzed/reported by wealthvieu . Visual chart created with Datawrapper Based on U.S. Census Bureau IPUMS Census microdata, the percentage of America

via hive.blog

Christian mobile network will block LGBTQ+ content from users

  • May 6, 2026, 6:01 p.m.
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A new mobile phone network that launched this week claims to block LGBTQ+ content from subscribers to its phone plans. Radiant Mobile is a Christian mobile phone network that will operate on the T-Mo

via www.advocate.com

Trump's tariffs have done 'significant damage' to the U.S. economy, says Moody's chief economist

  • May 6, 2026, 3:46 p.m.
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Economists now have more than a years’ worth of data to pick over when it comes to the impact of Liberation Day tariffs. While some might argue the revenue tariffs have generated are a gamechanger for

via fortune.com

Plant-based food now 33% cheaper than meat as soaring prices end its ‘luxury’ status

  • May 6, 2026, 2:46 p.m.
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Plant-based food prices have widely been considered high, leading to the concept of the ‘vegan tax’, by which vegan products often appear subject to ‘price hikes’ compared to their non-vegan counterpa

via www.veganfoodandliving.com

Ecoalf and Materra, working together for regenerative cotton in India

  • May 6, 2026, 2:16 p.m.
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Materia Rinnovabile https://renewablematter.eu/codice-etico-materia-rinnovabile Ever since its foundation in 2009, the Spanish fashion company Ecoalf has been investing in sustainability and regenera

via www.renewablematter.eu

What swap, Gulf?

  • May 6, 2026, 12:36 p.m.
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Economy & Business Econographics Print this page What swap, Gulf? By Charles Lichfield and Maxamillian Rajaobelina-Phipps You may have heard that the United States is considering offering currency sw

via www.atlanticcouncil.org

Harvard Researchers: Quantum Computing Advancing Faster Than Expected

  • May 6, 2026, 4:21 a.m.
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Insider Brief Harvard Quantum Initiative in Science and Engineering researchers report that advances in fault tolerance have accelerated quantum computing timelines by five to ten years, bringing ear

via thequantuminsider.com

Alphabet reports Q1 2026 revenue of $109.9 billion

  • May 6, 2026, 2:21 a.m.
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Alphabet today announced Q1 2026 earnings with $109.9 billion in revenue. These numbers range from January to March and wrap up the fiscal year. Revenue is up 22% from $90.2 billion in Q1 2025, with

via 9to5google.com

‘I Have Nothing’: Spirit Employees Turn to GoFundMe After Mass Layoffs

  • May 6, 2026, 2:01 a.m.
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Scroll through GoFundMe and search “Spirit Airlines,” and the fundraisers start to blur together. Photos of flight attendants smiling in the airline’s familiar yellow-and-black uniforms fill the pages

via www.miaminewtimes.com

Apple to Pay $250 Million to Settle Class Action Over Delayed Siri Features

  • May 5, 2026, 9:46 p.m.
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Apple will pay $250 million to settle a class action lawsuit accusing it of false advertising and unfair competition after the personalized Siri features it promoted when launching the iPhone 16 were

via www.macrumors.com

Over 4,000 Spirit Airlines employees laid off in Florida after company shuts down

  • May 5, 2026, 9:16 p.m.
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After Spirit Airlines announced it was shutting down the company over the weekend, over 4,000 employees in Florida were laid off, records showed. According to Worker Adjustment and Retraining Notific

via www.nbcmiami.com

Nearly 1,000 employees laid off in Las Vegas following Spirit Airlines' end

  • May 5, 2026, 8:46 p.m.
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LAS VEGAS (KTNV) — With Spirit Airlines' announcement of permanent closure this weekend, employees are feeling the strain of mass layoffs. Here's how locals are reacting to the shutdown: Nearly 1,00

via www.ktnv.com
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