Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brandon Lutnick, son of US commerce secretary Howard Lutnick, is nearing a roughly $4bn deal with an early bitcoin supporter to buy billions of dollars in the digital tokens using a vehicle backed by Cantor Fitzgerald.Cantor Equity Partners 1, a blank cheque vehicle that raised $200mn in cash in an initial public offering in January, is in late-stage talks with Adam Back, founder of crypto trading group Blockstream Capital, to buy more than $3bn in the digital currency, according to two people…
Stablecoins are reshaping how we save, spend, and move money at a time when the U.S. dollar itself faces unprecedented challenges. In 2025, the dollar’s share of global reserves hit a 30-year low of 57.7%, as aggressive U.S. trade policies and tariffs, reaching levels not seen in more than a century, have prompted central banks to diversify into alternatives like gold. Yet paradoxically, this turmoil may be boosting demand for dollar-backed stablecoins. As of mid-2025, dollar-denominated stablecoins account for over 99% of the global stablecoin market, now valued at more than $230 billion. U.S. policymakers have also promoted dollar-backed stablecoins…
“Safe to say we still happy with our decision,” Beckham says. Source link
Berkshire Hathaway Inc. (BRK.B), a giant conglomerate and one of the world’s largest companies, was founded by its current chair and CEO, billionaire Warren Buffett. Originally created by the 1955 merger of two New England textile manufacturers, Buffett acquired Berkshire Hathaway in 1965. It is now a holding company for the many acquisitions and investments Buffett has made over the decades. With a market capitalization of over $1 trillion, it’s one of the largest publicly traded companies in the world, and one of the top ten companies in the S&P 500. Berkshire Hathaway’s diverse group of businesses generated a total…
MicroStrategy’s stock was heading toward its first decline in six sessions, and Monness Crespi Hardt’s Gus Gala — who is Wall Street’s only bearish analyst on the company — reiterated his sell recommendation. Source link
International Business Machines Corp. (IBM) is a multinational technology company that offers a range of computing solutions and technology consulting services. Big Blue traces its origins back as early as the 1880s, but it was in 1911 that the company was first incorporated as the Computing-Tabulating-Recording Co. (C-T-R) in the state of New York. C-T-R manufactured and sold machinery, including commercial scales, industrial time recorders, meat and cheese slicers, and tabulators. The company formally changed its name in 1924 and has since grown into a major global corporation focused on software, technology and business consulting, and cloud computing. IBM generated…
When it comes to family caregiving, millennials are caught in the middle. They are caring for aging parents, raising their own children, and still trying to pay off debt, save for retirement, and manage a mortgage. More than 40% of millennials report being caregivers, according to a study by the Transamerica Center for Retirement Studies. And almost 90% of millennial caregivers had to adjust their work schedules to accommodate their caregiving duties. These work adjustments include missing days of work, cutting hours, and working remotely. Here’s how experts recommend balancing caregiving along with other financial responsibilities. Key Takeaways Millennials are…
The space-launch company’s stock hit an all-time intraday high and is on pace for a record closing high. Source link
As the U.S. government mulls over the future of crypto regulation during its self-proclaimed “crypto week,” investors are also looking toward a potentially bright future for cryptocurrencies — through their portfolios. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Donald Trump has announced that Indonesia will pay a 19 per cent tariff on exports to the US after Washington and Jakarta agreed a trade deal.The US president said he had spoken to his Indonesian counterpart Prabowo Subianto, and that the deal with Jakarta will give the US “full access to Indonesia, everything”.Trump said Indonesia was “very strong on copper”, the metal on which he last week imposed a 50 per cent levy, and was also in possession of “some very valuable”…