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Putin envoy proposes $8 billion underwater tunnel linking Russia and Alaska

Putin envoy proposes $8 billion underwater tunnel linking Russia and Alaska

An economic envoy of Russian President Vladimir Putin has pitched the idea of building an underwater tunnel to link Russia with Alaska. It shouldn’t be too long and expensive to build, with Elon Musk’...

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1 min
Apple’s iPhone 17 Air sells out as CEO Tim Cook makes high-profile Beijing visit in launch week

Apple’s iPhone 17 Air sells out as CEO Tim Cook makes high-profile Beijing visit in launch week

Apple’s slimmest smartphone, the iPhone 17 Air, sold out within minutes of its launch in China on Friday, during a week-long visit by Apple Chief Executive Officer Tim Cook, who met top Chinese offici...

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1 min
Georgia seizes over $700K in cash, detains Russian nationals over crypto crimes

Georgia seizes over $700K in cash, detains Russian nationals over crypto crimes

Georgian authorities have detained five Russian citizens accused of operating an illegal cryptocurrency business and money laundering scheme. The Russians are also suspected of smuggling large sums of...

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1 min
Jamie Dimon says “Cockroaches” lurk in the US economy

Jamie Dimon says “Cockroaches” lurk in the US economy

Wall Street’s worst fear got a name this week: cockroaches. That’s what Jamie Dimon, the CEO of JPMorgan Chase, called the unseen threats lurking in the US financial system. On Wednesday, during an ea...

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1 min
New York backs 345kV line to boost Micron’s $100B semiconductor plant

New York backs 345kV line to boost Micron’s $100B semiconductor plant

According to Reuters, the New York State Public Service Commission has approved a 345-kilovolt underground power line connecting the Clay substation to Micron Technology’s upcoming $100 billion semico...

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1 min
American credit card debt climbs to record $1.33 trillion

American credit card debt climbs to record $1.33 trillion

The total debt Americans owe on their credit cards has just hit an eye-watering $1.33 trillion, a new record high that shows how deep household borrowing has gone in 2025. The data, which came from Ca...

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1 min
CZ recommends third-party custodians for treasury firms following QMMM collapse

CZ recommends third-party custodians for treasury firms following QMMM collapse

Binance’s founder Changpeng ‘CZ’ Zhao responded to the recent case of QMMM, a multi-coin treasury company which has allegedly disappeared. Zhao believes DAT companies should use a custodian to store t...

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1 min
Kashkari says U.S. economy showing more strength than forecast

Kashkari says U.S. economy showing more strength than forecast

Minneapolis Federal Reserve President Neel Kashkari said on Thursday that he doesn’t foresee a significant increase in inflation or a major labor market slump. However, he noted that the labor market ...

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1 min
Anchorage Digital brings global USD transfers to the crypto world

Anchorage Digital brings global USD transfers to the crypto world

Anchorage Digital Bank, which focuses on cryptocurrency and digital assets for institutional clients, has introduced global US Dollar wire transfers, creating a seamless connection between digital and...

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1 min
BlackRock doubles down on stablecoins with new strategy

BlackRock doubles down on stablecoins with new strategy

BlackRock is making a major move into the stablecoin market by redesigning one of its funds to favor the dollar-pegged cryptocurrency, as well as other traditional money-market securities, under new U...

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1 min
U.S. budget deficit shrinks to $1.78 trillion as tariffs hit record high

U.S. budget deficit shrinks to $1.78 trillion as tariffs hit record high

The US budget deficit for 2025 fell slightly to $1.78 trillion n September, down $41 billion from the previous year, after a flood of tariff collections helped cushion the blow of record interest paym...

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1 min
Asia markets track Wall St. lower on regional bank fears, US-China tensions

Asia markets track Wall St. lower on regional bank fears, US-China tensions

Asia stocks trade mostly lower on Friday, tracking the Wall Street decline, as renewed concerns over US regional banks and trade tensions weighed on sentiment. Investors also watched rising geopolitic...

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1 min