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Smith & Wesson Brands (NASDAQ:SWBI) reported higher first-quarter fiscal 2027 sales and a return to profitability, citing demand across its consumer and professional firearms channels, increased product shipments and higher average selling prices. Net sales rose 32.3% year over year to $112.6 million, while net income totaled $2.6 million, or $0.06 per diluted share. That compared with a net loss of $3.4 million, or $0.08 per share, in the prior-year quarter. President and CEO Mark Smith said the company’s adjusted EBITDAS increased 86% from a year earlier. “We are off to an excellent start to fiscal 2027 with strong first…

US-listed spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest three-week inflow stretch of 2026 as Bitcoin traded around $80,000.The funds attracted $986.9 million in the week ending Friday, bringing net inflows over the past three weeks to $3.8 billion, according to SoSoValue data.Total net assets across the funds stood at $101.3 billion on Friday after briefly rising to $103.3 billion a day earlier, while cumulative net inflows reached $55.6 billion.ETF demand marks a sharp turnaround from heavy outflows earlier in 2026, though year-to-date net flows remain roughly $1 billion negative.Bitcoin ETF inflows cool after Thursday surgeUS spot Bitcoin ETFs…

In brief Robinhood Chain is an Ethereum layer-2 blockchain built using Arbitrum technology. The network handles tokenized real-world assets, including stocks and ETFs, alongside DeFi applications. Meme coins have driven most of the network’s activity since its July 1, 2026 mainnet launch. Robinhood has covered gas costs for users of its own wallet since launch, under an offer expiring on September 29. Robinhood Chain is a blockchain network developed by Robinhood, the financial services company behind the stock and crypto trading platform.Launched on mainnet on July 1, 2026, Robinhood Chain brings together tokenized assets, decentralized finance (DeFi), and smart contracts…

US-listed spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest three-week inflow stretch of 2026 as Bitcoin traded around $80,000.The funds attracted $986.9 million in the week ending Friday, bringing net inflows over the past three weeks to $3.8 billion, according to SoSoValue data.Total net assets across the funds stood at $101.3 billion on Friday after briefly rising to $103.3 billion a day earlier, while cumulative net inflows reached $55.6 billion.ETF demand marks a sharp turnaround from heavy outflows earlier in 2026, though year-to-date net flows remain roughly $1 billion negative.Bitcoin ETF inflows cool after Thursday surgeUS spot Bitcoin ETFs…

In brief Four more long-dormant Bitcoin wallets awakened between Aug. 29 and Sept. 4, moving a combined 202.84 BTC (~$15.73 million), per Galaxy Research—led by a 146.06 BTC stash ($11.31M) untouched since 2013. The 2011-era coins carried astronomical gains, including a 40 BTC wallet up over 2.5 million percent; one 6.78 BTC transfer was tagged with a Coinbase recipient attribution, typically signaling intent to sell. The moves extend a summer-long trend, following an earlier wave that shifted roughly $40 million in 10 days, with several wallets carrying “Noah Doe” lawsuit tags. The parade of long-dormant Bitcoin wallets springing back to…

Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market.The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor of overriding the veto, with three abstentions, falling 25 votes short of the 266 needed.The vote was yet another attempt to advance Poland’s crypto market rules after President Karol Nawrocki vetoed crypto legislation three times, arguing that the proposed rules would overregulate the industry.The regulatory dispute comes amid a deepening scandal involving defunct crypto exchange Zondacrypto, with its Estonian operator…

While economists debate whether industrialization can still play its traditional growth-promoting role in the current global and technological context, services have unexpectedly become an engine for economic development around the world. For developing and developed economies alike, the timing could not be better. CAMBRIDGE—In 2023, the University of Chicago economists Chang-Tai Hsieh and Esteban Rossi-Hansberg published a study showing that services in the United States were undergoing a radical transformation. Digital technologies and organizational innovations in retail, hospitality, personal services, and medical services, they argued, had enabled some firms to become much more productive and expand their presence in local…

US President Donald Trump and his Treasury secretary’s latest desperate threats confirm how much American power has waned on their watch. Far from compelling others to join their efforts to isolate Iran, they are hastening the transition to a post-American world order. NEW YORK—In what US Treasury Secretary Scott Bessent has heralded as an Economic D-Day, the United States is threatening to tighten the noose around Iran with sanctions on countries that continue to trade with it. But far from compelling others to join its efforts to isolate the Islamic Republic, the Trump administration’s mounting blunders are hastening the transition…

As the country sweltered through one of the many heatwaves of a baking summer in late June, towering thunderclouds were gathering over the south of England and across much of northern Europe. It was a Saturday, and with the holiday season getting under way, thousands of passengers were heading to London’s Heathrow and Gatwick airports to catch flights abroad. It was always going to be a very busy day.What followed, however, was chaos for travellers. As air traffic controllers struggled to route aircraft around the storms, airspace became heavily congested and many planes due to fly were simply forced to…

en English Longer Reads Sep 4, 2026 Dambisa Moyo The AI investment boom has unleashed a wave of demand for capital just as savings are declining and interest rates remain high. As competition for financing intensifies, rising borrowing costs could squeeze non-AI firms looking to finance new factories, equipment, and projects. LONDON—Wall Street analysts keep revising their forecasts for AI-related capital expenditures upward, with some estimating that major tech firms—including Amazon, Microsoft, Alphabet, Nvidia, and Meta—could spend as much as $1.4 trillion by 2027. Gartner, a research…