Washington Post

Crypto R.I.P.?

Three and a half months ago, the hard-working staff here at Spoiler Alerts wrote a column about cryptocurrencies...

Bloomberg

18.05.22

Against all odds, London is in the middle of a luxury hotel boom

On its first day of post-lockdown operations in Sept. 2020, the Rosewood London welcomed just 20 guests into its 308 stylishly monochromatic rooms and suites. For a hotel that would se...

Washington Post

17.05.22

Once China's darling, tech industry is burdened by covid and crackdowns

SHENZHEN, China - In this high-tech hub in China, engineers and investors fear the days of rapid growth may be behind them. The numbers are grim: Among China's Internet big three, mess...

Bloomberg

17.05.22

EU braces for economic shock waves from invasion of Ukraine

A gathering storm of renewed energy price-spikes, surging food costs and corresponding social and economic dangers is focusing the minds of Brussels officials who worry of multiple sho...

Washington Post

17.05.22

Crypto's meltdown refocuses regulator attention on the industry

The crypto crash that vaporized roughly $500 billion in market value over the last two weeks is refocusing Washington policymakers' attention - fast-tracking the desire to set federal ...

Bloomberg

12.05.22

Elon Musk assures Tesla worrywarts he isn't going anywhere

The big news the Financial Times got out of Elon Musk at its Future of the Car summit was decidedly unrelated to cars. The billionaire planning to take over Twitter said he would rever...

Washington Post

12.05.22

Covid shutdowns in China are delaying medical scans in the U.S.

Doctors in the United States are prioritizing only the most critical patients and hospitals are rationing supplies of a crucial drug after a covid lockdown in China temporarily closed ...

Washington Post

12.05.22

Sanctions forcing Russia to use appliance parts in military gear, U.S. says

U.S.-led sanctions are forcing Russia to use computer chips from dishwashers and refrigerators in some military equipment, Commerce Secretary Gina Raimondo said Wednesday. "We have rep...

Bloomberg

11.05.22

All of Wall Street is lining up behind the dollar's historic run

The turbulence in global markets is throwing a lot of mixed signals, but there's one that everyone is agreeing on: this is a very bullish time for the U.S. dollar. Goldman Sachs, Morga...

Bloomberg

11.05.22

El Salvador bitcoin losses swell to 28% as Bukele buys more

President Nayib Bukele's bitcoin gambit is becoming onerous for cash-strapped El Salvador but that isn't stopping him from adding to his stockpile. Bukele's bought 2,301 bitcoins for t...

Washington Post

11.05.22

Amid global chaos, the tech industry takes a rare tumble

Tech companies were the darlings of the pandemic economy. Now, with skyrocketing inflation, rising interest rates, a war in Europe and uncertainty in China, the biggest tech behemoths ...

Washington Post

10.05.22

How will Elon Musk change social media?

There's no shortage of hand-wringing over Elon Musk's acquisition of Twitter. Journalists, progressives and the World Health Organization have sketched out disinformation dystopias tha...

Bloomberg

10.05.22

EU drops plan to stop tankers moving Russian oil anywhere

The European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though it aims to keep a key shipping provision that will hinder Moscow's...

Washington Post

10.05.22

Tinder parent company sues Google over app store fees

Dating-app company Match Group, owner of Tinder and OkCupid, sued Google on Monday, alleging that the tech giant is breaking antitrust laws by requiring app developers to use its payme...

Washington Post

09.05.22

Treasury sanctions crypto service that helped North Korean hackers launder funds

WASHINGTON - The Treasury Department on Friday issued its first-ever sanctions against a cryptocurrency "mixer," a service that pools digital assets to obscure their owners, as it cont...

Bloomberg

09.05.22

Bankers quit jobs for shot at riches in UAE, the »Wall Street of crypto«

In the shadow of Dubai's sail-shaped Burj Al Arab hotel, crypto executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers. The festivities in late ...

Bloomberg

08.05.22

Megayachts racing across oceans expose desperation of oligarchs

Before the $325 million Amadea megayacht was thrust into a legal tussle in the South Pacific, the luxury vessel that the U.S. government claims belongs to billionaire Suleiman Kerimov ...

Washington Post

07.05.22

21 summer films to get you excited about going to the movies again

After the theater shutdowns of 2020 - followed by an anemic summer movie slate last year that didn't really get going until the season was half over - the coming attractions calendar f...

Bloomberg

06.05.22

Wheat climbs as damaged U.S. and Indian crops threaten supplies

Hard red winter wheat futures rallied a second straight day as severe weather across key growers intensified concerns about smaller global food reserves. Heat has hurt the crop in Indi...

Bloomberg

06.05.22

Lufthansa, Air France predict bumper summer, wary over costs

Europe's biggest airlines are growing increasingly confident that the easing of coronavirus restrictions will kick off a summer boom as a surge in bookings spurs them to lift capacity....

Washington Post

06.05.22

Millions retired early during the pandemic. Many are now returning to work, new data shows

Millions of older Americans stopped working during the pandemic, far more than usual, stoking fears that the workforce had been permanently altered, but the country is close to closing...