Business

Short-lived shutdowns tend to have limited economic effects, but this one might leave a more lasting dent because of its record length. The Congressional Budget Office recently estimated around USD 11bn of economic activity may be permanently lost. The Shutdown Has Added to the Economic Challenges The shutdown has added to economic challenges such as

Offended by Canadian Prime Minister Mark Carney’s increasingly assertive posture toward the U.S., Trump revoked an invitation to join his Board of Peace. Many Western allies are suspicious of the organization, which is chaired by Trump and was initially formed to focus on maintaining the ceasefire in Israel’s war with Hamas but has grown into something skeptics fear

The Pentagon released a priority-shifting National Defense Strategy late Friday that chastised U.S. allies to take control of their own security and reasserted the Trump administration’s focus on dominance in the Western Hemisphere above a longtime goal of countering China. The 34-page document, the first since 2022, was highly political for a military blueprint, criticizing partners from Europe to

Ukrainian President Volodymyr Zelenskyy said the future of Ukraine’s eastern Donbas region would be a key focus as negotiators from Ukraine, Russia and the United States meet in Abu Dhabi for talks to end Russia’s nearly four-year full-scale invasion. The UAE’s foreign ministry said the talks, which commenced on Friday and were scheduled to continue Saturday

President Donald Trump’s federal housing finance director, Bill Pulte, quietly granted government-backed lenders the authority to nearly double a $200 billion bond purchase that Trump ordered to try to lower mortgage rates, a move that could introduce a new level of risk for the companies. An email obtained by The Associated Press that was sent by the Federal Housing

But at Stanford, time on campus has proven to be a critical launchpad. Famously, alumni from the Silicon Valley-area school have gone on to found dozens of major companies, including Google, PayPal, and Snapchat. An over $100 million startup, the premium coffee and kitchenware brand Fellow, is striving to join their ranks. Heavily caffeinated while

We have a new draft and fresh questions. Jan 24, 2026, 2:00 p.m. There will come a time when this newsletter is not about crypto market structure legislation. But this is not that time. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for

Here is why investors are snubbing Michael Saylor’s 10% dividend offer in Europe Access and market structure issues limit adoption of Strategy’s first non U.S. perpetual preferred, Stream. Jan 24, 2026, 1:00 p.m. Strategy (MSTR) introduced its first non-U.S. perpetual preferred product, Stream (STRE), in November, aiming to tap demand across the European Economic Area (EEA).

After more than a decade building infrastructure for exchanges, financial institutions and central banks, R3 saw the market starting to bend in a new direction. About a year ago, the firm initiated a strategic reset, asking a simple but fundamental question: what is the best way for customers to move assets fully onchain? Todd MacDonald

EF researcher Justin Drake says a new post-quantum team will drive wallet safety upgrades, research prizes and test networks as quantum timelines shorten. Updated Jan 24, 2026, 3:08 p.m. Published Jan 24, 2026, 5:45 a.m. The Ethereum Foundation (EF), a nonprofit organization that supports Ethereum’s development, is turning its long running post quantum research into a public