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Latest Financial News

GMO Offers $1 Million Bounty for Hackers as Japanese Brokers Tighten Logins

GMO Internet Group offered up to $1 million for information that leads to the identification and arrest of the hackers who breached its trading server service. The site where the attackers had posted customer data went offline early today (Wednesday).The attackers began publishing what they said was customer data on Tuesday, after GMO refused a…

Adyen Scraps Its 2028 Margin Target and Cuts This Year’s to 50%

Adyen cut its 2026 profit margin forecast to 50% today (Wednesday) and dropped its target of a margin above 55% by 2028. It will spend more on Talon.One and Orb, two loyalty and billing firms it acquired.Merchant demand for the combined offer came in stronger than planned, the Dutch payments company said.The forecast is three…

Qatari mediators presented Iran with new draft deal; Iran's response expected by the end of the week

According to an official briefed on the US-Iran negotiations, Qatari mediators presented Tehran with a new draft proposal on Sunday. Iran is considering the proposal, with a response expected by the end of the week. The draft reportedly establishes a seven-day timeline for addressing both sides’ concerns, requiring daily confidence-building steps, potentially beginning early next week.The report…
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Our Latest Daily Chop

The Idiot’s Guide to the US Midterms: What Exactly Are Americans Voting For? 

Donald Trump isn’t up for election, but America’s midterms could reshape his final two years in office. Max explains what Americans are voting for, how control of the House and Senate affects the president, and why the result matters for investigations, legislation and financial markets.
Editorial cartoon showing Donald Trump in the White House while Democrats and Republicans compete for control of the US Congress, with the House and Senate represented as levers controlling the brakes on his presidency.

From Minus $37 to $115: Why Oil Is the Most Fascinating Market in the World 

Oil prices have travelled from minus $37.63 a barrel in 2020 to above $110 in 2026. Max explores the extraordinary forces behind this reversal, from collapsing demand and full storage tanks to war, the Strait of Hormuz and rising fuel costs. Discover why oil is much more than a commodity—and how its price can influence inflation, interest rates, currencies, businesses and global politics.
Editorial cartoon showing an oil barrel plunging below zero on one side and soaring above $110 on the other, with a crowded storage facility, oil tankers and geopolitical tensions illustrating the dramatic swings in oil prices.

The Flying Car Is Finally Here. Sort Of. 

he Tesla flying car is no longer entirely science fiction—or is it? Elon Musk’s new Roadster has launched itself into the air, spun around and landed again, leaving the internet wondering whether the future has finally arrived. Max explores the SpaceX-inspired engineering behind the stunt, the business logic of spectacular technology and why we’re still waiting for the proper flying car Hollywood promised us.
Editorial cartoon of Elon Musk’s Tesla Roadster launching into the air using SpaceX-inspired thrusters while motorists sit trapped in a traffic jam below, illustrating the difference between a stunt-capable car and a true flying car.

Is Donald Trump Putin’s Bitch? 

Is Donald Trump doing Vladimir Putin’s bidding, or is there another explanation for his Russia policy? Max examines the sanctions waiver, tensions with Zelensky, disputed claims about US aid to Ukraine and the history behind Trump’s relationship with Putin. Separating documented events from unproven allegations, this is a closer look at who benefits from Washington’s decisions—and why the questions keep coming.
Editorial cartoon depicting Donald Trump and Vladimir Putin across a negotiating table, with a sanctions document, Russian fuel barrels and a map of Ukraine symbolising the debate over whether US policy benefits Russia.
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