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Inflation held firm in December, testing Fed amid DOJ probe into Powell

Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell....

18hABC 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

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...

2hBusiness InsiderPoliticsImpact

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

18hSouth China Morning PostTechnology

Trump imposes 25% tariff on any country 'doing business' with Iran

US President Donald Trump ramped up economic pressure on the Iranian regime on Monday by announcing he was imposing import duties on the goods of any country that trades with Tehran. The move could fu...

21hFrance 24PoliticsImpact

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

US inflation held steady at 2.7% in December

Figure meets expectations but experts warn of distorted data...

18hFinancial Timeseconomics

IMF presses governments to step up support for workers displaced by AI

Analysis finds evidence of the technology hitting wages and employment in certain areas...

49mFinancial TimeseconomicsImpact

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 ...

1hBusiness Insidereconomics

European ammunition maker gears up for €30bn IPO

Czechoslovak Group set to become one of Europe’s most valuable defence companies with Amsterdam listing...

15hFinancial TimeseconomicsImpact

How to de-risk from America

There is no precedent of a dominant power abandoning its primacy, as Trump is doing...

19hFinancial TimesPolitics

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

The New Alienware Area-51 Ryzen X3D RTX 5090 Gaming PC Drops in Price Following CES 2026

If you're seeking the absolute best of the best in PC gaming performance, look no further than Alienware's flagship Area-51 prebuilts. Following CES 2026 , Dell has discounted an Alienware Area-51 AMD...

17hIGNTechnology

Russian Crude Cargoes Pile Up on Tankers as Deliveries Falter

At least 12 vessels full of Urals idle off Omani coast, more are anchored near China...

18hBloombergeconomicsImpact

UBS conveys upbeat note on Chinese stocks in 2026 as global investors seek diversification

UBS Group conveyed a sanguine outlook on Chinese stocks in 2026, as the world’s second-largest economy proved to be an important alternative for global investors seeking to diversify away from US equi...

23hSouth China Morning Posteconomics

Prediction market volume hits record $702M despite recent scrutiny

Prediction market Kalshi dominated trading volumes on Monday, accounting for two-thirds of the $701.7 million tally....

3hCoinTelegrapheconomicsImpact

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

Protesters say 'unliveable to be a farmer in France today' as they condemn Mercosur deal

French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...

19hFrance 24PoliticsImpact

Bitcoin Hits Two-Month High as CPI Steadies and Short Covering Accelerates

Bitcoin’s rally drew fuel from short covering as steady inflation data and the start of earnings season reinforced trader expectations....

8hDecryptcryptocurrencyImpact

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....

10hCoinTelegraphcryptocurrency
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Business Insider15
South China Morning Post13
Financial Times8
CoinTelegraph7
IGN6
The Verge5