Morning Briefing Americas

Retail Investors Burned by Grand Crypto Experiment

Michael Saylor departs after speaking at the Bitcoin 2025 conference in Las Vegas on May 29. — Michael Saylor departs after speaking at the Bitcoin 2025 conference in Las Vegas on May 29.
Photographer: Ronda Churchill/Bloomberg

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By Marcus Wright

December 2, 2025 at 11:56 AM UTC

Good morning. Retail investors are being burned by crypto ETFs. Samsung unveils a phone that folds more than once. And why Americans are tired of the “slop bowl.” Listen to the day’s top stories.