BUSINESS
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Sam Bankman-Fried formally files for pardon—but White House reiterates FTX cofounder’s odds are slim
Convicted crypto fraudster Sam Bankman-Fried formally submitted a pardon request with the Department of Justice, but the odds of President…
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US debt: Here’s where it may become unsustainable with interest payments triggering default crisis
Soaring U.S. debt and projections that put it at astronomical levels in the coming years have set off increasing panic,…
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Republicans defy Trump in shock move, passing resolution in Congress to limit Iran war powers
The House approved a war powers resolution Wednesday that would halt the U.S. military action against Iran, defying President Donald Trump as a…
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Wall Street may have solved a nagging mystery in global oil markets as doomsday has yet to arrive
China has quietly emerged as the global oil market’s stealthy swing consumer, potentially holding off doomsday a while longer. For…
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What’s rarer than a unicorn? Anthropic is almost the first $1 trillion private company in history
Two weeks ago, defense startup Anduril raised a Series H round—$5 billion at a $61 billion valuation, shocking the defense…
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Rosewood Hotels launches 16‑week global paid parental leave as Asia’s birth rates plunge
Hong Kong’s fertility rate has sunk to roughly 0.8 children per woman, far below the replacement rate of 2.1 needed…
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Tech billionaires convinced Trump to back off AI executive order
The tech bros struck back. That’s the best way to describe what happened yesterday when President Donald Trump suddenly decided…
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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’:
For most executives, that’s a sentence likely to provoke intense anxiety. But for Bolt CEO Ryan Breslow, it was unavoidable.…
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AI poised to tilt job market leverage toward older workers
When it comes to job cuts, older workers are often disproportionately affected. But a new survey of chief executive officers…
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The crypto industry’s Clarity Act hits a critical juncture: Where things stand before Senate markup
The Clarity Act, a landmark bill that would create a U.S. regulatory framework for the crypto industry, is set to…
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