Coin Press - Economy

Movement, El Vecino and RISE Partner to Launch First Digital Dollar Wallet for Mexican Remittances

Launch allows Mexican families to send money home from the U.S. instantly via WhatsApp across the largest remittance corridor in the world without requiring a bank account or app download

Cambridge to review hiring process amid plagiarism row

The University of Cambridge said Friday that it would be reviewing its hiring process for senior roles as it probes claims of plagiarism by a professor who resigned this week.

US unexpectedly loses jobs in blow to Trump ahead of midterms

The United States unexpectedly lost thousands of jobs in July, government data showed Friday, a blow to US President Donald Trump's claims of leading an economic revival as his Republican Party gears up for crucial midterm elections.

STARTRADER in Discussions with Trustpilot to Consolidate Review Profiles

STARTRADER is in ongoing discussions with Trustpilot about a proposed consolidation of its existing review profiles into a single listing. The matter remains under discussion, and no timeline for completion has been confirmed. STARTRADER confirms that the matter has no impact to date on its operations or client services.

US unexpectedly loses jobs in blow to Trump's economy claims

The United States unexpectedly lost thousands of jobs in July, government data showed Friday, a blow to US President Donald Trump's claims of leading an economic revival as his Republican Party gears up for crucial midterm elections.

Gaza beekeeper starts again on rooftop amid ruins of war

Perched on the edge of a rooftop high above Gaza City's bombed-out landscape, Ibrahim al-Dabba lovingly tends his community of bees, cultivating a rare source of hope among the ruins of the Israel-Hamas war.

MEXC Lists New Ondo Tokenized Stock Pairs Spanning AI Infrastructure, Semiconductor and Rare Earth Sectors

MEXC, a pioneer in 0-fee digital asset trading, has listed five new Ondo tokenized stock trading pairs on Spot, expanding user access to stocks spanning AI infrastructure, semiconductors, enterprise software and rare earth materials.

Volt Funded Launches Globally with Evaluation Program Offering Up to 90% Profit Share

A new kind of prop firm where traders prove their skills risk-free, with no personal funds on the line, and earn up to 90% of the profits when they pass.

PU Prime Expands Gold Trading with the Launch of XAUUSD247

PU Prime has launched XAUUSD247, a new offering that enables clients to trade gold 24 hours a day, seven days a week on MT5. Gold remains one of the world’s most actively traded safe-haven assets, with prices responding rapidly to geopolitical events, central bank policies, inflation expectations, and shifts in investor sentiment.

STARCARES Revamps Basketball Court at the University of Lagos for Future Healthcare Professionals

The revitalised basketball court gives approximately 2,000 future healthcare professionals a dedicated space to recharge, connect, and build community activities beyond their academic training.

Meta ordered to pay US state $567 mn to abate 'public nuisance' and child harm

A New Mexico judge on Thursday ordered Meta to pay more than half a billion dollars over the state's claims that the social media giant created a "public nuisance" and harmed children.

Actress, engineer, jihadist's widow among Syria's new women MPs

In Syria's first post-Assad parliament, women lawmakers stand out more for their diversity than their numbers: a famous actress, a Christian engineer, a Kurdish leader and the widow of a hardline Islamist commander.

Most UK teens to opt out of planned social media curfew: poll

Most teenagers would opt out of a UK government plan to impose social media curfews on older teenagers, according to a poll published Friday.

UEFA maintains boycott threat as African confederation backs Infantino

Pressure built on FIFA president Gianni Infantino on Thursday over his cancelled plan to bring private finance into football's World Cup, with European governing body UEFA reiterating a threat to boycott tournaments.

Britain's EasyJet flies into US hands as takeover confirmed

Britain's no-frills airline EasyJet confirmed Thursday a £5.7-billion ($7.7-billion) takeover by US private equity firm Apollo after a rival American firm pulled out of the bidding.

Stocks tread water with earnings, tech in focus

Global stock markets were stuck in neutral Thursday as investors assessed the latest batch of corporate earnings, with tech firms back under pressure while awaiting developments over a potential US-Iran deal to reopen the Strait of Hormuz.

Inevitable AI Group Raises $6M From Aleph to Launch AI-Native SaaS Companies

Inevitable AI Group (IAIG), an AI-native venture studio founded by veteran technology entrepreneurs, today announced a $6 million pre-seed funding round led by Aleph. The company is building and launching dozens of AI-native software businesses designed to capitalize on the rapidly changing economics of software development.

Forex Expo Dubai Announces Opportunity to Win Up to 150 Grams of Gold This September 2026

Forex Expo Dubai has announced a Gold Lucky Draw for its 9th Edition, offering eligible Verified Traders, Introducing Brokers (IBs), and Affiliates the opportunity to win a share of 150 grams of 24K gold during the event.

Stocks diverge with earnings, tech in focus

Global stock markets diverged on Thursday as investors assessed the latest corporate earnings with tech firms back under pressure, while awaiting developments over a potential US-Iran deal to reopen the Strait of Hormuz.

'Don't have to hide': Thai IDs, legal work give hope to Myanmar refugees

Next to a mound of black earth, Myanmar refugees feed soil and rice seed into a clacking conveyor machine that arranges them into ready-made planting trays for Thai farms.

Siemens shares plunge on disappointing guidance raise

German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.

Stocks mixed with tech firms back under pressure

Most Asian markets were mixed Thursday with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over the Strait of Hormuz.

'Stretch our money': Romanians face highest EU inflation

At the weekly market in the southern Romanian town of Calarasi, Florica Vasile goes from vendor to vendor loading her shopping trolley with vegetables the locals say are cheaper than anywhere else in the city.

Iran says close to Hormuz plan with Oman, but reopening depends on US

Iran and Oman have agreed a route for ships transiting the Strait of Hormuz and were finalising arrangements for jointly managing the strategic waterway, Tehran said Wednesday, even as fresh security incidents highlighted continued risks for regional shipping.

Asian stocks mostly down with tech firms back under pressure

Most Asian markets sank on Thursday with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over the Strait of Hormuz.

Low water on Germany's Rhine river threatens new blow to economy

Dwindling water levels on some of Germany's major rivers worsened by heat and drought are raising fears that badly constrained riverboat cargo traffic may deal yet another blow to the struggling economy.

Environmental disaster looms as tanker leaks off Oman

Oman is facing an impending environmental catastrophe as an alleged Russian shadow fleet tanker leaks oil across hundreds of square kilometres near a nature reserve, NGOs warn.

Google-parent Alphabet shakes up AI division

Google's head of AI, Demis Hassabis, will step down from his current role to become Alphabet's chief scientist amid a reshuffling at DeepMind that will also include a key engineer's departure.

FIFA back Infantino, apologise for World Cup privatisation plan

FIFA president Gianni Infantino has received the "full support" of senior directors on Wednesday but world football's governing body apologised for the controversy of the now-shelved plan to open the World Cup to private investment.

Dow edges to record as markets parse prospects for Hormuz deal

Stock markets climbed but then stalled Wednesday as investors digested a wave of company earnings that broadly surpassed expectations, while assessing the chances of a US-Iran deal to reopen the Strait of Hormuz.

Disney profits top estimates on strength in theme park business

Disney reported better-than-expected profits Wednesday, citing a strong performance in its theme park business amid lingering worries about macroeconomic weakness.

Stocks stall tracking earnings, oil dips on Iran-Oman Hormuz move