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World central banks rally behind Powell, stress Fed independence

Crypto experts say political pressure on the US Federal Reserve could drive volatility but also shift flows toward Bitcoin and gold in the long run....

18hCoinTelegrapheconomicsImpact

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 ...

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...

16hBusiness InsidereconomicsImpact

JPMorgan Chase’s profits fall 7% as investment bank fees disappoint

US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...

19hFinancial TimeseconomicsImpact

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....

21hBusiness InsiderPoliticsImpact

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...

21hBusiness InsiderPoliticsImpact

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.”...

1hCoinTelegraphcryptocurrencyImpact

Crypto-friendly Old Glory Bank plans Nasdaq listing through SPAC

The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....

9hCoinTelegrapheconomicsImpact

Coca-Cola scraps Costa Coffee sale after bids fall short

Coke had been seeking about £2bn after paying £3.9bn for UK coffee chain in 2018...

2hFinancial Timeseconomics

Strive, Semler Stocks Fall After Shareholders Approve Bitcoin Treasury Acquisition

Semler Scientific shareholders approved Strive's acquisition in an all-stock deal, but both Bitcoin treasury stocks dropped on the news....

11hDecrypteconomicsImpact

Will Trump risk a clash with China over Iran tariff?

Donald Trump’s sudden 25% tariff on nations trading with Iran puts Beijing squarely in the spotlight. China knows how to evade sanctions and has the muscle to retaliate. DW explores what this showdown...

17hDeutsche WellePoliticsImpact

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....

6hCoinTelegraphPoliticsImpact

Strive shares fall 12% after Semler deal to expand Bitcoin treasury

The all-stock deal adds Semler’s 5,048 BTC to Strive’s treasury, lifting total holdings to 12,797.9 BTC and ranking it 11th among public companies....

9hCoinTelegraphcryptocurrencyImpact

Bitcoin shows resilience amid Powell DOJ probe: Will BTC price hold?

Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will BTC's strength hold?...

1dCoinTelegraphcryptocurrencyImpact

China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...

1dSouth China Morning PosteconomicsImpact

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...

11hFinancial TimesPoliticsImpact

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....

10hCoinTelegraphcryptocurrencyImpact

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...

4hSouth China Morning PostPoliticsImpact

Russian oil firm says it will keep its Venezuela assets after US military operation

Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...

1hBusiness InsiderPoliticsImpact

Crypto Bill Draft Grants XRP, Solana and Dogecoin Same Legal Status as Bitcoin

The draft provision would treat tokens as “non-ancillary” assets, exempt from SEC securities rules, if they were in an ETF by 2026....

15hDecryptcryptocurrencyImpact
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Business Insider13
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