Labor
Hearing set on stalled SFO labor talks as workers push for higher pay
San Francisco supervisors are scheduled to hold a hearing on stalled labor talks involving SFO service workers, following protests and renewed pressure over pay and working conditions.
Hegseth defends $1.5 trillion budget request as Iran war cost climbs
Defense Secretary Pete Hegseth defended the Pentagon’s FY2027 budget request as lawmakers questioned the cost of the Iran war and U.S. weapons stockpiles.
Mortgage Connect noncompete ruled unenforceable by Pennsylvania judge
A Pennsylvania judge denied Mortgage Connect’s bid to enforce a broad noncompete against a former executive and found the restriction too broad to uphold.
21Shares launches first U.S. Hyperliquid ETF THYP, draws $1.8 million in first-day volume
21Shares launched THYP, a U.S.-listed Hyperliquid ETF, and reports said the fund generated about $1.8 million in first-day trading volume.
JPMorgan files for second tokenized money market fund on Ethereum
JPMorgan Asset Management has filed for a tokenized money market fund tied to Ethereum, extending its onchain products into a second vehicle.
Rain returns to drought-stricken Southeast with severe storms possible through Tuesday
A cold front is bringing rain back to parts of the Gulf Coast and Southeast, with forecasters warning of locally heavy downpours and isolated severe storms through Tuesday.
Duration Ventures, Founded by Alumni of GC and Lightspeed, Aims for $375 Million Fund
Duration Ventures has launched with a reported target of about $375 million for a debut fund focused on early-stage enterprise AI.
Supreme Lending brings on $100M Lasso Lending team in Houston
Supreme Lending has added Austin Baker’s Houston-based Lasso Lending team, a group HousingWire said produces more than $100 million in annual loan volume.
Broker Public Portal, RPR add valuation data to Cribio for participating MLSs
Broker Public Portal and RPR are integrating RPR’s REALTOR Valuation Model into Cribio for participating MLSs and associations, with display controlled at the MLS level.
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Updated May 17, 8:41 PM UTC
Bitcoin may avoid historic bear-market losses as ETF flows grow, says analyst
ETF inflows and corporate accumulation are cushioning Bitcoin’s drawdowns, according to recent market data and analyst commentary, though the evidence stops short of proving a permanent shift.
MARA shares sink on first-quarter revenue miss, $1.3B loss
MARA Holdings reported first-quarter 2026 revenue of $174.6 million, below expectations, and a net loss of about $1.3 billion, sending shares lower.
Stock Market Today: Dow flat, S&P 500 and Nasdaq trade lower as chip stocks dip; April CPI hits 3.8% and Treasury yields rise as oil prices gain
U.S. stocks were mixed to lower on May 12 as April CPI came in at 3.8% year over year, Treasury yields rose and chip and AI names cooled from record levels.
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