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Bitcoin Now Anticipates Fed Policy, ETFs Drive Shift

Bitcoin's price dynamics have shifted from lagging to leading as spot ETFs drive institutional adoption, now anticipating Fed policy moves before official announcements, per Binance Research. This structural change marks Bitcoin's evolution into a forward-looking asset, reshaping its role in global financial markets.
Business

Pepsi, Diageo withdraw from UK festival after Kanye West headliner announcement

Pepsi and Diageo withdrew from the Wireless Festival after booking Kanye West, citing concerns over his antisemitic remarks and far-right ties. The decision reflects corporate caution amid UK political pressure to distance from figures linked to hate rhetoric.
Business

North Korean Group Steals $285M from Drift Protocol in Six-Month Operation

North Korean group UNC4736 stole $285M from DeFi platform Drift Protocol via a six-month social engineering scheme, exploiting multisig security flaws. The breach, tied to prior DPRK-linked attacks, underscores growing risks in DeFi as state actors target vulnerabilities in trust and access controls.
Business

India’s 2026-27 Growth Forecast Revised to 6% Amid Iran War Impact

India's 2026-27 growth forecast trimmed to 6% amid Iran war disruptions, impacting energy supplies and inflation. The conflict disrupted key energy routes, forcing India to prioritize household energy, straining industries and hiking costs. The government vows to secure supplies while pushing for long-term energy resilience.
Business

Pepsi Withdraws Wireless Festival Sponsorship Due to Kanye West Booking

Pepsi ends Wireless Festival sponsorship over Kanye West's booking amid UK political backlash. Prime Minister Keir Starmer and Jewish groups condemn West's antisemitic past, including his 'Heil Hitler' song. The festival retains West as headliner despite corporate withdrawal.
Business

Airlines Hike Bag Fees Amid Iran-Israel Conflict’s Oil Price Surge

Airlines raise baggage fees and fuel costs amid Iran-Israel conflict, as oil prices surge past $120/barrel, driving up global energy prices and straining travel budgets. United and JetBlue hike fees, while carriers seek to offset rising operational costs amid geopolitical tensions under President Trump's administration.
Business

U.S. Imposes 100% Tariffs on Patented Pharmaceuticals Unless Firms Strike Deals with HHS

U.S. imposes 100% tariffs on patented pharmaceuticals unless firms negotiate with HHS, citing supply chain risks. Exemptions include generics, as Trump aims to boost domestic production amid global disruptions.
Business

One Year After Trump’s Tariffs, Economic Impact Remains Mixed

One year after Trump's tariffs, economic effects remain mixed: 0.2% GDP growth decline, 0.4% employment drop, and inflation pressures. Legal challenges and trade tensions persist as Biden adjusts policies, leaving long-term impacts uncertain.
Business

Oracle cuts 20,000–30,000 jobs globally

Oracle cuts 20,000–30,000 jobs globally as it pivots to AI, citing financial strain and debt. The layoffs, part of a tech industry trend, aim to fund $50 billion in AI projects, though risks loom if demand fails to meet lofty projections.
Business

Funeral Director Pleads Guilty to 30 Burial Prevention Charges

Funeral director Robert Bush pleaded guilty to 30 charges of preventing lawful burials, amid allegations of mishandling 35 bodies and 100 sets of ashes. The case, sparked by a whistleblower, has prompted calls for stricter industry oversight after families faced emotional trauma and financial deceit.
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Business brings you the latest on markets, companies, finance, and global economics. From Wall Street to emerging economies, our platform highlights key developments and connects them with broader global dynamics. Whether analyzing stock movements, mergers, or business innovation, Business provides context to help professionals, entrepreneurs, and everyday readers understand the forces driving economies.

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World

Italy confiscates €200M in assets linked to late Sicilian mafia boss

Italian authorities seized €200M in assets linked to late Sicilian mafia boss Matteo Messina Denaro, spanning multiple countries and targeting drug trafficking networks. The operation highlights global efforts to disrupt Cosa Nostra's financial reach, though experts note challenges in fully dismantling the organization's decentralized structure.
Tech

Iran Lifts Internet Blackout, Restrictions Remain

Iran lifts 88-day internet blackout, but access remains limited at 50% of pre-shutdown levels under President Masoud Pezeshkian’s 'pro-internet' policy, which prioritizes paid access over free expression, amid ongoing censorship and geopolitical tensions under President Trump’s administration.
Science & Education

NASA’s JWST detects daily cloud cycle on exoplanet WASP-94A b

NASA’s James Webb Space Telescope has captured the first direct observation of a daily cloud cycle on exoplanet WASP-94A b, revealing magnesium silicate clouds forming in the morning and dissipating at night, reshaping understanding of its atmospheric chemistry. The discovery, published in *Science*, marks a breakthrough in studying Hot Jupiters’ dynamic weather patterns.
World

U.S. strikes Iranian drone sites near Strait of Hormuz for second time in three days

U.S. strikes Iranian drone sites near Strait of Hormuz for second time in three days, escalating tensions. Both sides claim defensive actions, but conflicting accounts and strategic stakes over energy routes raise concerns. President Trump’s administration faces balancing escalation with diplomacy amid regional risks.

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