Business

In brief Bitcoin hit a new all-time high of $118,667 on Friday, with the record nearly $7,000 higher than before this week. Still, it may now climb slower compared to previous bull runs. This is due to the growing options market. Bitcoin ETFs also play a role, with the funds seeing over $1 billion worth of inflows on both Thursday …

Risk of Powell Ouster Is Underpriced, Deutsche Bank Strategist Says  Bloomberg.comView Full Coverage on Google News Source link

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | Reuters As the Trump administration escalates its criticisms of the Federal Reserve and Chairman Jerome Powell, the central bank is quietly pushing back with a …

Delta Moves To Unbundle Business Class, Tests “Basic” Premium Cabin Fares  Live and Let’s Fly Delta Says Domestic Main Cabin Seats Will Soon Be Harder to Score  Investopedia Business class+? Delta says segmentation is coming to high-end cabins  CNBC Delta’s premium play is taking advantage of the growing economic split  Yahoo Finance Delta is looking into new ultra-luxury business class cabins  The Independent Source link

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A TUI flight from Cancun to London was grounded for hours after two passengers smoked in the bathroom. Photo is representational. Getty Images A London-bound flight from Cancun turned into a 17-hour travel nightmare after two passengers allegedly smoked in the airplane bathroom, forcing the pilot to divert to the US. Terry Lawrance, 66, who was on the TUI flight …

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Kraft Heinz may be headed for a breakup. The packaged food conglomerate is planning to spin off a large chunk of its grocery business, the Wall Street Journal reported Friday, effectively undoing a 2015 merger that’s now widely regarded as a strategic blunder. Anonymous sources told the newspaper the new entity would take many Kraft products with it and could …

Key Takeaways The federal government collected $26.6 billion in tariff revenue in June, rising again as President Donald Trump’s tariffs policy began to take hold. Spending decreased by $187 billion in June, resulting in a budget surplus of about $27 billion for the month. The federal government’s total debt is around $36 trillion. It paid $84 billion in interest payments …

Jeff Bezos could be signaling a style shift now that he’s a married man. The Amazon founder, who has embraced a bald look since 2013, appeared with noticeably more hair during an outing on July 10. While attending the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, Bezos was seen with fuller gray hair around the sides …