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Crypto lender BlockFills suspends withdrawals for clients in latest blow to the blockchain sector | Fortune

BlockFills, a crypto trading platform, will temporarily prohibit customers from depositing and withdrawing funds. It is the latest sign of trouble for the digital assets industry, which has been beset by plunging prices and unease over its future. Chicago-based...

Layoffs and unemployment are quite low, actually, says BLS | Fortune

The number of Americans applying for unemployment benefits fell last week, remaining within the historically healthy range of the past few years.Applications for jobless aid for the week ending Feb. 7 fell by 5,000 to 227,000 from the previous...

How business students learn to make ethical decisions by studying a soup kitchen in one of America’s toughest neighborhoods

For the past decade I have volunteered at St. Francis Inn, a soup kitchen in the Kensington neighborhood of Philadelphia.Kensington, for those not from Philly, has long had a reputation for potent but affordable street...

Exclusive: Seligman Ventures debuts with $500 million and a new model for the blurring line between public and private markets | Fortune

The public markets are thinning, the private markets are exploding, and AI is wholly destabilizing both.Consider the past week’s software meltdown: AI fears and stalled market dynamics vaporized $1 trillion in market value, rippling down to private companies. “The funding...

Mark Zuckerberg is joining Jeff Bezos in Miami’s billionaire bunker: Take a look inside his portfolio | Fortune

Mark Zuckerberg is reportedly adding to his growing list of luxury homes with a waterfront property in the most in-demand section of one of most exclusive neighborhoods in America.The Meta CEO and his wife, Dr. Priscilla Chan, are reportedly...

Move over, ‘Merkron.’ Europe’s new power couple is ‘Merzoni’ | Fortune

“Merzoni” isn’t a neologism that easily trips off the tongue, and it hasn’t fully taken hold in the world of European politics.Yet, for months, a pragmatic alliance between German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni has...

Ineos seeks redress from Belgium over suspension of plant permit

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Jim Ratcliffe’s chemicals group Ineos is seeking compensation from Belgium’s Flemish government for suspending the permit of its flagship European...

James Van Der Beek, child star and face of iconic GIF from ‘Dawson’s Creek,’ dies at 48 in ‘beyond devastating news’ | Fortune

James Van Der Beek, a heartthrob who starred in coming-of-age dramas at the dawn of the new millennium, shooting to fame playing the titular character in “Dawson’s Creek” and in later years mocking his own hunky persona, has died. He was 48.“Our beloved...

Turns out the U.S. economy didn’t create half a million jobs last year. It was just 181,000 | Fortune

U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands.The unemployment rate fell to 4.3%, the Labor Department said Wednesday.The report included major revisions that reduced the number of jobs...

Something weird is going on with gold and interest rates, and a top Wall Street analyst sees inflation risks rewriting market logic | Fortune

Apollo chief economist Torsten Slok has found a headscratcher buried in the financial data: For years, the price of gold and real interest rates have been inversely correlated; as interest rates rise, the price of gold goes down. Now,...
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Africa-US relations: The continent grapples with the new world order

The US president has shaken up international relations and the continent is working out where it stands. Source link
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