When oil prices jump or political tensions flare, Bitcoin starts to behave more like the stock market. A recent talk on CNBC showed that these global shocks squeeze money flow, making Bitcoin move in tandem with the Nasdaq Composite. The link has reached a five‑year high. Middle Eastern investors a
Recent incidents in the Gulf show that unmanned surface vessels, or sea drones, are being used to attack oil tankers. Two separate attacks have already occurred since the conflict between the United States, Israel and Iran began. The first hit a tanker named MKD VYOM about 44 nautical miles off Om
Food‑stamp users across the United States have filed a lawsuit against the Department of Agriculture, challenging rules that stop them from buying sugary drinks, energy drinks and candy with their benefits. The complaint, filed in a Washington, D. C. , federal court, argues that the restrictions
A fintech company called Revolut finally received a full UK banking licence, allowing it to offer customers in Britain real‑time bank accounts. The approval ends a long wait that had kept the firm from fully serving its home market. Revolut’s chief executive explained that launching a UK bank had a
The luxury retail giants are trimming their physical footprints to stay afloat. In a new move, the parent company will shut 12 Saks Fifth Avenue locations and three Neiman Marcus shops by the end of May. This follows earlier closures that ended in April, bringing the total number of shutdowns to 24
SoftBank is planning a huge loan that could reach $40 billion, aiming to boost its stake in OpenAI, the maker of ChatGPT. The move would be one of the biggest dollar‑only borrowings in the company’s history and is intended as a short‑term bridge, lasting roughly twelve months. Several large banks ar
The Central Bank of Kazakhstan plans to put up to $350 million into crypto‑related investments, moving beyond traditional gold and foreign‑exchange holdings. This money will come from the country’s nearly $70 billion in reserves, a move that shows a desire to diversify assets with a relatively sm
Citigroup is set to add bitcoin custody for big investors later this year, blending the digital coin into its standard asset safekeeping and reporting tools. The plan lets clients hold bitcoin alongside stocks, bonds, and cash in one account, making it easier to mix digital and traditional assets fo
Polyacrylamide, a water‑soluble polymer widely used in industry, usually breaks apart when exposed to free radicals. Traditional studies assumed that the main reaction was chain scission, where long polymer chains split into shorter pieces. Recent experiments with persulfate as a radical source reve
Two young bankers from a large Wall Street firm were caught in an unapproved magazine shoot that flaunted their expensive clothes and social outings. The photos were not cleared by the company before publication. One banker was photographed in a designer suit and a luxury watch, while the other wor
