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New Zealand central bank chief told to ‘stay in her lane’ after backing US Fed’s Powell

New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...

14hSouth China Morning PostPoliticsImpact

Stablecoin yields create ‘dangerous’ parallel bank system: JPMorgan exec

JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...

11hCoinTelegraphcryptocurrencyImpact

Why Ethereum Could Be Ready to Outperform Bitcoin in 2026

Ethereum could narrow its performance gap with Bitcoin in 2026 as capital rotates and on-chain activity improves, Decrypt was told....

12hDecryptcryptocurrencyImpact

Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO

Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....

20hCoinTelegraphcryptocurrency

Bessent not happy about Powell investigation, conveyed concerns to Trump: Sources

Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News....

1dABC NewsPoliticsImpact

​​Polygon strikes $250M deal for Coinme and Sequence in stablecoin payments push

Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale....

1dCoinTelegraphcryptocurrency

Luxury retail giant Saks files for bankruptcy

Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...

12hBusiness Insidereconomics

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

1dBusiness InsiderPoliticsImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

7hBusiness InsiderTechnologyImpact

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

7hBusiness InsiderPoliticsImpact

One thing that might get workers to embrace AI? The 4-day workweek.

Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...

7hBusiness InsiderTechnologyImpact

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...

22hBusiness InsidereconomicsImpact

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

1dBusiness InsidereconomicsImpact

Welcome to the era of the megamanager

Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...

7hBusiness InsidereconomicsImpact

Brands that skimp on social media marketing do so at their own peril

Learning app Duolingo has 17 million followers on TikTok where its mascot Duo is a social-media celebrity. Isa Foltin/TikTok via Getty Images Social media is more important than ever for US retail sit...

1hBusiness Insidereconomics

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

17hBusiness InsidereconomicsImpact

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

1dBusiness 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 ...

7hBusiness InsidereconomicsImpact

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

7hBusiness InsidereconomicsImpact

Tesla's Cybertruck is falling far short of Elon Musk's ambitious sales targets

Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...

1dBusiness Insiderautomotive
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