Ripple launches crypto storage services for banks in bid to diversify
Economy

Ripple launches crypto storage services for banks in bid to diversify

Jakub Porzycki | Nurphoto | Getty Images U.S. blockchain startup Ripple made a major foray into crypto custody on Thursday, launching new services aimed at helping banks and financial technology firms to store digital assets on behalf of clients. The San Francisco-based company told CNBC it is debuting a slew of features to enable its […]

Hurricane Milton makes landfall in Florida as Category 3 storm
Economy

Hurricane Milton makes landfall in Florida as Category 3 storm

A satellite image shows Hurricane Milton progressing in the Gulf of Mexico before its expected landfall in Florida, Oct. 9, 2024. CIRA | NOAH | Via Reuters The National Hurricane Center said Milton’s maximum sustained winds had dropped to 90 mph as of 1 a.m. ET Thursday, making it a Category 1 hurricane. The NHC […]

Tributes pour in for Ratan Tata from industry titans and politicians
Economy

Tributes pour in for Ratan Tata from industry titans and politicians

Ratan Tata speaks during an interview. Pradeep Gaur | Mint | Getty Images Tributes from industry leaders, politicians and the public at large poured in for Ratan Tata, the former chairman of India’s Tata Sons, who passed away on Wednesday, aged 86. India’s Prime Minister Narendra Modi in a post on X called Tata “a […]

Former Pfizer CEO, finance chief step back from Starboard’s activist campaign
Economy

Former Pfizer CEO, finance chief step back from Starboard’s activist campaign

Ian Read, chairman and chief executive officer of Pfizer, speaks as President Donald Trump, left, listens during an announcement on a new pharmaceutical glass packaging initiative in the Roosevelt Room of the White House in Washington, D.C., July 20, 2017. Andrew Harrer | Bloomberg | Getty Images Former Pfizer CEO Ian Read and ex-CFO Frank […]

Trump stokes conspiracies about jobs data, as White House defends firing BLS chief
Economy

Trump stokes conspiracies about jobs data, as White House defends firing BLS chief

U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors on Monday stoked baseless conspiracies about federal jobs data, suggesting without evidence that Friday’s weaker-than-expected employment […]

OpenAI’s ChatGPT to hit 700 million weekly users, up 4x from last year
Economy

OpenAI’s ChatGPT to hit 700 million weekly users, up 4x from last year

Openai is set to hit 700 million weekly active users for ChatGPT this week, up from 500 million in March, marking a more than fourfold year-over-year surge in growth, the company said Monday. The figure spans all ChatGPT artificial intelligence products — free, Plus Pro, Enterprise, Team, and Edu — and comes as daily user […]