The Business & Technology Network
Helping Business Interpret and Use Technology
«  

May

  »
S M T W T F S
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 

Feed Items

Wells Fargo economists say the Federal Reserve is unlikely to cut interest rates before June following stronger-than-expected labor data and cooling inflation. The bank points to January payrolls rising by 130,000, topping expectations and lifting the three-month average to 73,000, while the unemployment rate fell to 4.3%. “The upshot of a mini-government shutdown last week was the somewhat...
A US healthcare firm says a whopping 626,540 Americans are affected by a cyberattack and data breach. ApolloMD disclosed the number in a new filing with the Department of Health and Human Services Office. The Georgia-based company provides physician practice management and multispecialty services to hospitals and medical practices across 18 states. The firm says it became aware of the breach...
Crypto veteran Bobby Lee says Bitcoin (BTC) is at risk of a far deeper correction, warning the flagship crypto is “very likely” to break below key support in the coming weeks. In a new interview with Bloomberg Television, the Ballet CEO says Bitcoin’s recent volatility has been driven largely by leveraged trading across spot, futures and options markets, rather than long-term investment flows....
Billionaire Bill Ackman’s investment firm just picked up more than 2.67 million shares of one magnificent seven stock. The latest 13-F filing with the U.S. Securities and Exchange Commission (SEC) shows Pershing Square Capital Management accumulated $1.76 billion worth of shares in Meta Platforms (META) in the fourth quarter of 2025. META, the parent company of Facebook and Instagram, is trading...
A major US bank has agreed to pay hundreds of millions of dollars to settle allegations that customers were charged illegal overdraft fees for years. Georgia-based customers of SunTrust Bank, which is now operating as Truist Bank, will share in the long-awaited settlement fund. The deal resolves a 2010 class-action lawsuit claiming the bank charged overdraft fees that functioned as illegal...
Analyst Willy Woo believes gold will likely continue to outperform Bitcoin (BTC) for years to come. Woo tells his 1.2 million followers on X that BTC’s 12-year uptrend against the precious metal has been broken. He believes it’s due to concerns that quantum computers could eventually break BTC’s cryptographic security. “12-year trend broken. BTC should be valued a lot higher relative to gold....
The number of crypto payments for human trafficking transactions surged in 2025, according to new report by the blockchain analytics firm Chainalysis. The report shows that crypto flows to suspected human trafficking groups reached hundreds of millions of dollars over a period of one year, marking an increase of 85%. “The dollar amounts significantly understate the human toll of these crimes,...
February 18, 2026 – Panama City, Republic of Panama Sai today launched Sai Perps, a perpetuals trading platform built to be as fast and intuitive as a CEX (centralized exchange) with the transparency and self-custody of onchain settlement. The platform features gasless transactions, removing friction for traders while maintaining full onchain security. Sai also unveiled ‘Let’s Go Saicho,’ a...
Institutional investors just sold $173 million in Bitcoin and crypto investment products in one week, according to a new update from CoinShares. The digital asset firm says outflows have now totaled a whopping $3.74 billion in the last month, as the price of BTC dropped from around $95,400 to a low of $62,800. Last week, Bitcoin witnessed $133 million in outflows. Ethereum followed with $85.1...
A Bank of America customer in Massachusetts just lost tens of thousands of dollars to an elaborate bank scam. Police say the victim was contacted by someone posing as a Bank of America fraud investigator, reports the ABC-affiliated news station WCVB. The scammer had legitimate personal and account details, and convinced the victim to join a so-called “sting operation” to uncover criminal insider...