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Morgan Stanley drops restrictions on which wealth clients can own crypto funds

Morgan Stanley will allow all clients to invest in crypto starting Oct. 15, broadening access beyond high-net-worth individuals.

More than half of entrepreneurs are considering moving to a new country. Singapore is their top option

A survey by HSBC reveals over half of wealthy entrepreneurs are contemplating moving abroad, primarily for safety and business expansion rather than tax benefits.

How the world’s 240,000 crypto millionaires are spending their fortunes

The number of crypto millionaires has surged by 40% to 241,700, driven by Bitcoin's price doubling over the past year, indicating significant economic impact.

Delta's profit forecast tops estimates, buoyed by higher fares and resilient luxury demand

Delta Air Lines reported better-than-expected quarterly profits and forecasts a strong finish to 2025, driven by premium travel demand.

Air traffic control shortages add to U.S. flight delays

The ongoing government shutdown is worsening air traffic controller shortages, leading to significant flight delays across the U.S.

What the government shutdown means for commercial real estate

A government shutdown significantly affects commercial real estate, causing delays in data collection, uncertainty in dealmaking, and reduced investor confidence, particularly in retail and hospitality sectors.

Startups are staying private longer thanks to alternative capital

Startups are remaining private longer, with the median age of companies going public rising to 13 years, driven by alternative capital sources.

Investors are making up the highest share of homebuyers in 5 years

In Q2 2025, real estate investors purchased one-third of single-family homes sold, marking a five-year high despite lower overall sales.

Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg

Verizon has appointed former PayPal CEO Dan Schulman as its new CEO, replacing Hans Vestberg, effective immediately.

Nike's turnaround will 'take a while' amid stock slump, CEO Elliott Hill says

Nike CEO Elliott Hill discusses the company's turnaround plan, emphasizing a return to wholesaling and a focus on individual sports to drive growth.

Paramount Skydance to acquire Bari Weiss-founded Free Press

Paramount Skydance has acquired The Free Press, appointing co-founder Bari Weiss as CBS News' editor-in-chief, amid a strategic media expansion.

Online holiday spending growth set to slow to 5.3% as shoppers seek discounts

Online holiday spending in the U.S. is projected to increase by 5.3% to $253.4 billion, despite a slowdown from last year's growth.