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Birkenstock, the renowned German footwear brand, posted stronger-than-expected sales for its fiscal first quarter, fueled by strong holiday demand and the growing popularity of its closed-toe clogs. However, the company’s U.S.-listed shares (NYSE: BIRK) were down about 3% in premarket trading Thursday as of the time of this writing. Strong demand meets investor skepticism The company reported quarterly revenue of €361.7 million, exceeding analyst expectations of €356.2 million. However, it maintained its annual margin forecast, as Reuters reported. The drop in share price is likely related to a cautious outlook on profit margins for fiscal 2025, with inves…

Is Bitcoin biting the dust? The world’s most popular cryptocurrency (BTC) has seen its value drop significantly from highs earlier this year as it has struggled to shake off a price decline that began in early October. As of Monday morning, the price of one BTC was around $94,000, which is down almost 8% over the past five days and down 14% over the past month. Notably, the token is now roughly flat since the beginning of the year—meaning it’s given back all of the value it gained earlier in 2025, having topped out at slightly more than $124,000 in October. The downturn started in early October, and since then, Bitcoin is down roughly 32%, putting it fi…

To say it’s been a bad few days for Bitcoin and other cryptocurrencies would be an understatement. As of the time of this writing, Bitcoin is trading in the range of $77,000 per coin—a price point not seen since last March, when the world was thrown into economic uncertainty by President Donald The President’s tariffs. And Bitcoin isn’t the only crypto facing a bloodbath. Other major tokens, including Ethereum and BNB (Binance) are also in free-fall. XRP, the closely watched native token of the XRP Ledger from Ripple Labs, dipped below $1.60 earlier on Monday, a level it hasn’t seen since 2024. Here’s what you need to know. Cryptocurrencies plunged …

Bitcoin has been the king of cryptocurrencies since its inception. And despite its high volatility, the token generally benefits from faith among investors that its underlying encryption is sound—which in turn protects digital coins from being stolen from wallets. But a recent report from Google suggests that Bitcoin’s relative security could soon be compromised by quantum computers, prompting investors to shift their attention to “quantum-resistant” tokens. Here’s what you need to know. What’s happened? Yesterday, Google published a blog post warning that Bitcoin and similar cryptocurrencies may be vulnerable to quantum computers sooner than previously ex…

Bitcoin is having a horrible week. Until yesterday, the cryptocurrency had declined by roughly 2.5% over the preceding five days. But in the last 24 hours alone, the coin has taken a major hit—down more than 10%. Worse, fear and greed indices, which measure the emotional state of investors who buy and sell Bitcoin, are near historic lows. Here’s what you need to know. Why is Bitcoin sinking? Bitcoin has dropped precipitously over the past 24 hours. As of the time of this writing, it’s down more than 10% to $82,185 per token. That’s a low the coin has not seen since April. But why has Bitcoin been falling so much over the past 24 hours? There are two m…

The price of Bitcoin has declined dramatically in recent weeks, and cryptocurrency investors are more fearful than ever. In the past 24 hours, the crypto king dipped to the $60,000 range—a low it has not seen since October 2024. While Bitcoin has now recovered slightly to around $66,000, many analysts and investors still think the token may not have bottomed out yet. Here’s what you need to know about Bitcoin’s continued fall, and how low things might go. Why is Bitcoin falling? Like most cryptocurrencies, Bitcoin (BTC) has been steadily falling almost since the year began. As Fast Company previously reported, there were two main drivers for this fall. The…

Much to the chagrin of investors, the value of Bitcoin continues to slide. As of Wednesday morning, the world’s most popular cryptocurrency was trading around $75,000 per coin. That’s down more than 10% over the past five days, down 18% over the past month, and down a whopping 34% over the past six months. It’s a far cry from October of last year, when Bitcoin’s price topped out at nearly $125,000. Values are now roughly where they were in early April 2025, and before that, in November 2024. From bump to slump Notably, Bitcoin’s value is now lower than it was when The President took office last January, effectively giving up all of the “The President Bump”…

The U.S. government has shut down. Last night, Congress failed to pass a new funding bill that would have kept the federal government operating normally. However, at 12:01 a.m. today, the existing funding bill ceased to be in effect, and with no new one in place, large parts of the government are now shut down. Fast Company has previously explored how the government shutdown will affect everyone, from Social Security recipients to travelers to federal workers. But the shutdown will also no doubt have an effect on the markets. And not just the stock markets. The U.S. government shutdown appears to already be having an impact on cryptocurrency markets. Her…

Investors in Bitcoin are waking up to another bad morning for the world’s preeminent cryptocurrency. As of the time of this writing, the price of one token is down 6.55% in the last 24 hours to just above $95,000 per coin. It’s a low that Bitcoin has not seen since May. Today’s selloff continues a monthlong trend in which Bitcoin has now lost about 20% of its value. But what’s driving this most recent selloffs? Two culprits are most likely at play. Uncertainty of Fed rate cuts Next month, the Federal Reserve is expected to announce a decision on whether it will change interest rates. The Fed has three options: increase rates, hold rates at current levels, o…

Forward March? The initial market movements on Monday seem to indicate that’s the case, at least for crypto. On Monday, the price of Bitcoin (BTC) was up more than 5%, jumping to more than $69,000 as of 12 p.m. ET from around $65,500 on Sunday afternoon. Likewise, Ethereum (ETh) was up around 6% while XRP rose about 3%. The CoinDesk 20, a crypto market index, is also up around 5%. The broad increase in crypto values was a reversal from a downslide that cryptocurrency markets had been seeing in the lead-up to the United States and Israel launching attacks on Iran on Saturday. On Saturday, after news of the attacks broke, Bitcoin values fell to near $63,000…

2025 saw several successful public offerings, especially from companies operating in the AI, cryptocurrency, and fintech spaces. What many on Wall Street are anxious to know is whether the IPO market—and its returns—will accelerate in 2026, or if investors will take a more cautious approach to newly public companies as inflationary pressures, the potential for a weakening economy, and a possible AI bubble weigh heavily on people’s minds. The first real test of investor IPO appetite may come later this month, when cryptocurrency custody firm BitGo Holdings, Inc. is expected to go public. Here’s what you need to know about BitGo’s IPO. What is BitGo? BitGo Holdin…

Bitwarden is one of the more likable tech companies. It offers a great password manager for free, charges modestly for its paid version, and has mostly stayed in its lane with its focus on security products. So it’s disappointing that it isn’t being more transparent about the first price hike in its 10-year history. Bitwarden’s Premium version now costs $20 per year, up from $10 per year previously. But instead of announcing the change directly, the company buried the news in a blog post about new features, such as more attachment storage and alerts about weak passwords. Meanwhile, Bitwarden isn’t rushing to let customers know about the increase. They’ll only get …

BJ’s Wholesale Club is planning to open nine new U.S. stores in 2026, and already debuted a new location on December 17 in Casselberry, Florida—its third in December alone, following openings in Springfield, Massachusetts, and Sumter, South Carolina. BJ’s currently has more than 250 clubs in 20-plus states. In 2025, the membership-based warehouse chain added 12 new locations in a number of states, including Georgia, Kentucky, New Jersey, Massachusetts, New York, North Carolina, South Carolina, and Tennessee. “Our momentum remains strong as we continue to bring unbeatable value and convenience to new communities,” Bill Werner, BJ’s Wholesale Club’s EVP of strategy …

Nearly 40% of Black workers feel comfortable talking about their faith with people at work, the highest of any U.S. racial group, our two recent studies found. But they also risk facing religious discrimination. For the past 15 years, we have been studying religion in workplaces. Recently we conducted two studies, including two online surveys involving 15,000 workers and in-depth interviews with nearly 300. Our respondents included Christian, Jewish, Muslim, and nonreligious individuals. The majority of Black Americans—nearly 8 in 10—identify as Christians. And we found that Black workers from all faiths are more likely than other racial groups to use their tradit…

After Thanksgiving, brands will bombard you with Black Friday and Cyber Monday promotions. It can be overwhelming to know what to buy. After all, some deals aren’t actually all that good. And besides, you don’t want to make impulse buys that you’ll regret later and that will end up in a landfill in the near future. To help cut through the noise, we’ve picked out the best deals from design-forward brands. They create beautiful products that are thoughtfully designed to last for years. We’ve even picked out some of our favorite classic products that you will enjoy using for a long time. All the prices below are before discounts. MoMA Design Store 20% off sit…

This year’s busiest shopping day was a boon for live-shopping apps. Even at a time of inflation and economic uncertainty, Americans were ready to spend come Black Friday. U.S. online spending was up 9.1% from last year, according to data from Adobe Analytics. While holiday spending has typically been dominated by traditional e-commerce, live-shopping platforms TikTok Shop and Whatnot also reported record-breaking sales during Black Friday and Cyber Monday. On Black Friday, the livestream marketplace Whatnot reported more than $75 million in single-day live sales, tripling last year’s total. On average, shoppers bought 40 items per second. One small busi…

In recent years, news around women at work has been bleak—especially for Black women. Unemployment for Black women rose significantly in 2025, moving from 5.4% to a rate of 7.3% by December, as federal job cuts disproportionately hit them. And, according to U.S. Bureau of Labor Statistics data, over 300,000 Black women either left the workforce or were laid off in a period of just three months last year. However, there is a silver lining: Black women are becoming the fastest-growing group of entrepreneurs in the United States. According to recent data from Wells Fargo, between 2024 and 2025, Black women-owned employer businesses grew by 13% and their revenue was up …

One of our favorite meme stocks is up more than 9%, but this time it’s for legit business reasons. BlackBerry Limited (NYSE: BB) saw its shares sharply rise Thursday morning following the release of its 2026 fourth-quarter and fiscal year results. The stock has previously been volatile due to BlackBerry’s place in the meme stock craze a few years ago. The Canadian company, once a leader in the mobile phone industry, reported $156 million in revenue for quarter four, a 10% increase year-over-year (YOY). Its adjusted net income also rose by a whopping 92% YOY. On a year-long scale, BlackBerry saw its revenue reach $549.1 million, a 3% jump YOY. “We are no …