Crypto exchange OKX launched a standalone app on Tuesday that lets users convert more than 50 local currencies into U.S. dollar-backed stablecoins, as the company tries to expand its offerings beyond just being an exchange. OKX Money, which went live at the company’s OKX Now Product event in Singapore, is aimed at emerging markets in
U.S. Immigration and Customs Enforcement and other agencies have wasted tens of millions of dollars pursuing ill-conceived plans to rapidly increase detention capacity, and the total will likely rise due to ongoing mismanagement, congressional investigators warned Thursday. The U.S. Government Accountability Office documented costly problems in several initiatives ICE has pursued since President Donald Trump
US President Donald Trump has claimed the Kennedy Center in Washington DC has been losing “tens of millions of dollars, even hundreds of millions of dollars” for years. Trump, who wants his name on the famous performing arts venue, was photographed onboard Air Force One looking at a poster with a headline that appeared to
It’s an AI world and we’re all just living in it. PitchBook released its Q2 2026 U.S. VC Valuations data this week, and the report aligns with the skewed venture market we’ve come to know: Investors are willing to pay up for a few anointed AI companies, and (almost) everything else is a pass or
The U.S. is stepping in to help boost Japan’s yen for the first time in nearly three decades after the currency hit a 40-year low, but the intervention has an unusual feature: instead of selling dollars to buy yen, the New York Fed reportedly sold euros to fund the purchase. The coordinated move on Friday
Good morning and welcome to our live coverage of day one of Alan Jones’ indecent assault and sexual touching trial. I’ll be keeping you informed of the latest developments with my colleague, Clare Sibthorpe. Jones, a former teacher, political candidate, speechwriter and coach of the Australian national rugby union team, dominated Sydney breakfast radio for
