Author: Charlotte

Report, conducted by the CMA’s Microeconomics Unit, offers insight into competition in the UK labour market to support wider policy thinking Research finds labour market concentration roughly the same as 20 years ago Around 30% of employees impacted by non-compete clauses Findings support CMA focus on tackling anti-competitive wage-fixing and no-poach agreements between employers The report by the Competition and Markets Authority (CMA) Microeconomics Unit takes a deep dive into trends in the UK labour market, focusing on the impact of competition and employer market power. It seeks to provide insight and evidence to inform not only the CMA’s work,…

On June 12, 2026, SpaceX will list on Nasdaq (ticker: SPCX) at a valuation of approximately $1.75 trillion, raising as much as $75 billion in an offering led by Goldman Sachs and underwritten by more than 20 investment banks. Whether measured by valuation or funds raised, this will be the largest initial public offering (IPO) in the history of human capital markets, far surpassing the 2019 Saudi Aramco record of approximately $29 billion.For the vast majority of investors, this is not an active choice of “whether to buy.” Due to a Nasdaq index rule revision effective May 1, 2026, SpaceX…

TAICHUNG, Taiwan, May 28, 2026 (GLOBE NEWSWIRE) — Origins Network, a Layer 1 blockchain that recently closed an $8M funding round backed by top-tier venture capital firms including Animoca Brands and TB Ventures—alongside strategic support from AWS Cloud and Tencent Cloud—has officially appointed Robles Carlos as its new Chief Executive Officer. Concurrently, the project reaffirmed its commitment to advancing verifiable computing infrastructure, accelerating cross-chain interoperability, scaling decentralized compute, and deepening AI integration.Former McKinsey Consultant Steps Into the Spotlight. Carlos Manuel Publicly Acknowledges CEO Role for the First Time Origins Network has announced the appointment of Carlos as its new C…

Crypto markets have tanked to their lowest levels in six weeks after the US President said he saved it. Former SEC chair Gary Gensler and the “anti-crypto army” nearly destroyed the American crypto industry by driving Bitcoin, crypto perpetuals, and innovation offshore, but “Trump saved it,” the president said on Truth Social on Wednesday. “America is now the crypto capital of the world, and builders and entrepreneurs are coming back to the United States where they belong,” he added. “Under my leadership, we will codify a future-proof digital asset market structure that cannot be undone by the crypto haters.…

China’s insatiable appetite for silver drove overseas purchases to an eight-year high at the beginning of 2026 as importers fueled a spike in industrial and investment demand. Written by: Olumide Adesina • Thursday, May 28, 2026 • 1 min read • Last updated: Thursday, May 28, 2026 Add an article to your Reading ListRegister now to be able to add articles to your reading list.” aria-hidden=”true”> Quick overview China’s silver imports reached an eight-year high in early 2026, driven by strong industrial and investment demand.The largest buyer imported over 790 tons of silver in just the first two months, with…

A spring evening on Broadway in downtown Redwood City on May 3, 2024. Photo by Anna Hoch-Kenney. The regional economic indicators are all over the place: Unemployment is low. Borrowing has slowed. Inflation remains stubbornly above target.  “Our members are just feeling the uncertainty of the economic times that we’re in,” said Wade Painter, CEO of Monterra Credit Union. Monterra has 100,000 members from San Mateo, Alameda, Contra Costa, Santa Clara and San Francisco counties. He will have to make sense of the puzzling picture when the credit union’s shareholders convene for their annual meeting on Thursday, May 28. Monterra…

May 2026 court filings put Sam Altman’s disclosed stakes in nine private companies at more than $2 billion as of December 31, 2025, with Helion Energy, a nuclear-fusion startup, accounting for roughly $1.7 billion of that total. Altman holds no direct equity in OpenAI, per those same filings as reported by BanklessTimes, despite running a company that closed a $110 billion funding round at a $730 billion valuation in February 2026. Quick context Sam Altman co-founded OpenAI in 2015 and returned as CEO in November 2023 following a brief board-level removal. The structure of his personal portfolio has become a…

At the end of April, Guangzhou issued the “Implementation Opinions on Further Promoting the Stable and Healthy Development of the Real Estate Market” (hereinafter referred to as the “Eight Measures of Guangzhou”). In less than a month, Guangzhou launched a supporting document to further implement the content of the “Eight Measures of Guangzhou”. On May 26, Guangzhou held a press conference on a series of supporting documents for the “Eight Measures of Guangzhou”. A reporter from Times Weekly learned that after the introduction of the “Eight Measures of Guangzhou”, the policy effects have been continuously released, and market activity has…

NFTs spent 2021 on the front page of every newspaper and 2023 as a punchline. Somewhere in between, the technology quietly settled into a much narrower but more durable role than the hype cycle suggested. Stripping away the speculation and the cartoon profile pictures, NFTs are a specific kind of digital record — useful for some things, badly suited to others, and worth understanding regardless of whether you’d ever buy one. This article walks through what an NFT actually is, what changed when the bubble burst, and where the technology now matters in 2026.What an NFT Actually IsNFT stands for…

Gold (XAU/USD) remains under some selling pressure for the third straight day and drops to sub-$4,400 levels or a fresh two-month low during the Asian session on Thursday. The risk of a further escalation of tensions in the Middle East underpins the US Dollar’s (USD) reserve currency status, which continues to weigh on the commodity. Furthermore, expectations that global central banks will adopt a more hawkish stance to counter rising inflation turn out to be another factor driving flows away from the bullion.A US official told Reuters that the US military carried out fresh strikes in Iran on Wednesday, targeting…