Author: News Room

There’s a new type of money spreading rapidly across the internet, propelled by the crypto boom. It’s supposed to be worth a dollar, but it’s not issued by any government. Called a stablecoin, it is a digital currency that is subject to very little legal oversight — and its growing popularity has recently transformed it into a $300 billion market.You can use stablecoins to buy things online, make investments or send money abroad with minimal fees.Hundreds of different brands of stablecoins exist now, with more to come. The Trump family introduced its own version this year. Walmart has been exploring one,…

new video loaded: Gavin Newsom: Democrats Need to Be ‘More Culturally Normal’transcriptBacktranscriptGavin Newsom: Democrats Need to Be ‘More Culturally Normal’During an interview at the DealBook Summit with Andrew Ross Sorkin, editor at large, Gov. Gavin Newsom of California said that Democrats needed to design a compelling economic vision for the future.We don’t talk enough about interest rates. We don’t talk about incumbency. Issues related — you just had Bibi on — related to Israeli politics, immigration, the border in particular. You could talk about all those things, not just 107 days, not just talk about Biden’s determination, or lack thereof,…

new video loaded: MrBeast Says YouTube’s Content Has Less ‘Brain Rot’ Than TikToktranscriptBacktranscriptMrBeast Says YouTube’s Content Has Less ‘Brain Rot’ Than TikTokJimmy Donaldson, who is known as MrBeast online, discussed the differences in content quality between YouTube and TikTok at The New York Times’s DealBook summit.“Jonathan Haidt — I don’t know if you know Jonathan — he’s written a book. He says that kids shouldn’t have smartphones until high school, and has been warning around the country about the impact of social media on kids’ brain. So given what you do for a living now, the success you had touching…

“And I’m curious where you land. Do you think that President Trump is a fascist?” “Of course not. I think that’s stupid, honestly. And you know what? Again, you can go all day on this stuff. It’s honestly idiotic. I grew up half my life in Germany. I spent time with actual fascists. I went and talked to lots of former Nazis, this like — we have a democratic society. And he won in a landslide. I don’t see any sign of him being — look, of course, I don’t agree. Like, it’s like I don’t know what the point…

new video loaded: Taiwan’s President Warns of Growing Chinese Military AggressiontranscriptBacktranscriptTaiwan’s President Warns of Growing Chinese Military AggressionIn a pre-taped interview for The New York Times’s Dealbook summit, Taiwan’s president, Lai Ching-te, spoke about China’s continuing threat to Taiwan’s sovereignty and the country’s relationship to the U.S.“You just announced this past week that you’re introducing a $40 billion special budget for military spending to buy more weapons from the U.S. to try to deter China from invading Taiwan. What indicators — and perhaps new indicators — are you looking at that shows an increased threat to Taiwan?” Translator: “We can…

new video loaded: BlackRock C.E.O. Calls Bitcoin an ‘Asset of Fear’transcriptBacktranscriptBlackRock C.E.O. Calls Bitcoin an ‘Asset of Fear’Larry Fink, the chief executive of BlackRock, dismissed concerns about the long-term value of cryptocurrency.“Bitcoin is an asset of fear. And when you’re less fearful, like we had a trade agreement with China, you saw a shift downward. There are conversations this week that there may be some type of settlement in Ukraine. Bitcoin fell a little bit. So you own Bitcoin because you’re frightened of your physical security. You own it because you’re frightened of your financial security. The long-term fundamental reason…

new video loaded: Do You Know These Black Friday Facts?What’s the origin of Black Friday? What’s the most returned gift? Where did the mall Santa even come from? Molly Bedford of The New York Times shares what you might not know.By Molly Bedford, Gabriel Blanco, Laura Salaberry, Rebecca Lieberman, Veronica Majerol and Ashwin SeshagiriNovember 28, 2025

“They have been the cause of near riots in toy and department stores across the country.” – The New York Times, Dec. 11, 1983Cabbage Patch Kids were the “it” toy of Black Friday 1983. They came with “adoption certificates,” and the signature of the doll designer, Xavier Roberts, on their bottoms.

In a single week, collectors spent a whopping $2.2 billion on art at New York’s auction houses. While that $236 million Klimt portrait made headlines, plenty of other paintings and sculptures sold for sums that might surprise you.Can you guess which of these works sold for more?Note: Listed sale prices include auction fees.Image credits: “Paradise Pies (VI): Red” via Sotheby’s; “Untitled” via Christie’s; “From our side” via Christie’s; “TAGOMIZOR” via Christie’s; “Blumenwiese (Blooming Meadow)” via Sotheby’s; “Waldabhang bei Unterach am Attersee (Forest Slope in Unterach on the Attersee)” via Sotheby’s; “Cowboy Eating with Shoulder Hole” via Sotheby’s; “Untitled (Cowboy)” via…

Altralife, a medically guided Total Diet Replacement (TDR) programme used widely within NHS-commissioned weight-loss and type 2 diabetes remission services since 2019, is now being offered directly to members of the public nationwide. The programme has been integral to NHS projects such as the REWIND programme in Northwest London, introduced in 2019, along with the national NHS Type 2 Diabetes Path to Remission—or “soups & shakes”—programme, which has been rolled out from 2020 onwards. Both use nutritionally complete, low-energy shakes and soups to achieve rapid, clinically supervised weight reduction before transitioning participants back to everyday diets. Independent trials and…