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Powell sent senators details on $2.5bn Fed project following testimony

Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...

16hFinancial TimesPoliticsImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

8hBusiness InsiderPoliticsImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

17hBusiness InsidereconomicsImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....

1dBusiness InsiderPoliticsImpact

China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

China has reported its trade surplus surged to a record of almost $1.2 trillion last year as exports to other countries made up for slowing shipments to the United States under President Donald Trump...

5hABC NewseconomicsImpact

China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

China's trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald ...

5hNPR NewseconomicsImpact

Bitmine’s Ether holdings reach 4.17M as chairman pushes expanded crypto strategy

The latest purchase boosted the company’s Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply....

1dCoinTelegraphcryptocurrencyImpact

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

22hBusiness InsiderTechnologyImpact

China records massive $1.2 trillion trade surplus in 2025 as exports rose in December

According to Customs data, the surplus was boosted by trade gains in December, with exports climbing 6.6% from the year before, better than economists’ estimates and higher than November’s 5.9% year-o...

6hEuronewseconomicsImpact

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...

1dDecryptcryptocurrency

Dell tells staff to get ready for the 'biggest transformation in company history.' Read the memo.

Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...

18hBusiness InsidereconomicsImpact

A millennial who hit a 7-figure net worth after quitting corporate life to be a content creator explains how to make money online

Michela Allocca is the founder of Break Your Budget. Courtesy of Michela Allocca Michela Allocca grew Break Your Budget into a top personal finance brand on social media. She quadrupled her income by ...

2hBusiness InsidereconomicsImpact

Tricolor executives plead not guilty to charges stemming from collapse

CEO and chief operating officer of subprime auto lender and retailer stand accused of misleading creditors on collateral...

17hFinancial Timeseconomics

Spain’s Bankinter joins $35M Bit2Me round amid growing bank crypto alliances

Bankinter joins Tether and BBVA in the $35 million investment round after the Spanish crypto exchange received its MiCA license in 2025....

1hCoinTelegraphcryptocurrencyImpact

Warren seeks delay to World Liberty bank bid until Trump cuts ties

“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial....

11hCoinTelegraphPoliticsImpact

ETH’s back at $3.2K: Will traders flip the level from resistance to support?

Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000....

15hCoinTelegraphcryptocurrencyImpact

Perp DEXs will ‘eat’ expensive TradFi in 2026: Delphi Digital

Perp DEXs only handle a fraction of the trading activity seen in TradFi investments, but their infrastructure is catching up to the slow and fragmented centralized trading venues....

1hCoinTelegraphcryptocurrency

China records US$1.19 trillion trade surplus in 2025 as exports jump 5.5%

China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a s...

9hSouth China Morning PosteconomicsImpact

Hong Kong’s Chinese-language newspaper Ming Pao to cease operations in Canada

Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...

1dSouth China Morning Postworld_newsImpact

Can Europe rebuild its strength to trade with China without fear?

China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...

1dSouth China Morning Posteconomics
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