How suspected North Korean hackers stole billions in crypto in just minutes
Binance’s $6.3 billion theft kicked off an apparent cat-and-mouse game in which hackers raced to distribute the stolen money among different wallets, according to third-party analysts. October 31, 2026 at 5:00 a.m. EDT47 minutes ago 8 minutes…
Goldman says AI layoffs are starting to look ‘sustainable,’ just like those over the past 40 years in history
Goldman Sachs has tracked Americans who lost their jobs to technology for four decades. The first workers laid off from jobs exposed to AI are starting to look a lot like them, the investment bank wrote in a note published Thursday. Goldman economist…
Mamdani warns $17 billion DoorDash-Instacart deal risks higher costs for customers
New York City Mayor Zohran Mamdani is warning that DoorDash’s proposed $17 billion acquisition of Instacart could raise consumer prices, calling the deal an example of corporate consolidation. The criticism puts potential costs to customers at the…
RFK Jr. Announces Latest Plans to Update Infant Formula Standards
The Trump administration released a plan Thursday to update requirements for certain nutrients in infant formula. Last year, Health Secretary Robert F. Kennedy Jr. announced an initiative dubbed “Operation Stork Speed,” including the first…
A “historic step” for Greenland with the opening of a new international airport in Ilulissat
Published on October 30, 2026 – 7:59 a.m. GMT+1 A new international airport opened in Greenland’s third-largest city, Ilulissat, on Thursday after approval from the Danish Civil Aviation and Railways Authority. ADVERTISEMENT ADVERTISEMENT…
Trump criticized the profits of big oil companies. This is how refining profits have grown
Chevron does not release a comparable, stand-alone refining margin figure, but reported Friday that its downstream profits more than quadrupled from the previous year to $4.9 billion, with the company citing higher margins on sales of refined products.…
Star group backed by Cate Blanchett files brief in NYT-OpenAI lawsuit
The Human Consent Foundation, the Cate Blanchett-backed nonprofit that tries to protect people’s likenesses from unauthorized scraping by AI models, and a legion of Hollywood companies have filed an amicus brief in The New York Times’ lawsuit…
Technology is wreaking havoc as wrinkles begin to appear. The markets are nervous today, aren’t they?
These are massive and sudden movements, even in huge stocks. By Wolf Richter for WOLF STREET. People have become so nervous that they are jumping off the bandwagon in large enough numbers to get out before everyone else, causing even the largest stocks…
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