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Nobel laureate Paul Krugman says Bitcoin’s meltdown is deeply connected to Trump’s waning power: ‘Think of it as the unraveling of the Trump trade’

It’s no coincidence that Bitcoin’s collapsing price has coincided with signs of President Donald Trump’s diminishing political power, according to Paul Krugman, Nobel Prize–winning economist and professor of economics at the Graduate Center of the City University of New York. Fresh off its all-time high of $126,000 last month, Bitcoin has been in freefall for … Read more

‘AI sentiment is waning.’ Wall Street cools on Oracle buildout plans

Oracle CEO Clay Magouyrk speaks at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Two months ago, Oracle’s stock had its best day since 1992, soaring 36% to a record after the company blew away investors with its forecast for cloud infrastructure … Read more

‘Streaming is dead’: Disney’s waning appetite for big budget productions dogged creator of popular ‘Star Wars’ series ‘Andor’

Andor creator Tony Gilroy reveals he had to fight tooth and nail with company execs to bring his second season of the critically acclaimed Star Wars series to life, as Disney told him “we don’t have the money we had before.” All told, the two seasons and 24 episodes of Andor, the best received Star … Read more

The waning of active funds is drying up the IPO market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is senior adviser at Engine AI and Investa, and former chief global equity strategist at Citigroup “The job of an investment banker is to hang out where the money is.” That was the steer … Read more

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