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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...

11hBusiness InsiderPoliticsImpact

Venezuela: Trump's $3 billion oil windfall — why it matters

US President Donald Trump has announced an agreement with Venezuela's interim government to transfer millions of barrels of oil to the US. DW explores how the plan could be a blow to China, Russia, Ir...

Jan 7Deutsche WellePolitics

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 ...

9hNPR NewseconomicsImpact

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...

6hBusiness InsiderTechnologyImpact

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...

1dSouth China Morning PostTechnology

Elon Musk wants to dominate the in-flight internet market. Here are all the airlines that now offer Starlink WiFi.

British Airways announced a deal with Starlink in November. Courtesy of British Airways Lufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi. 31 carriers have announced deals for t...

4hBusiness InsiderTechnology

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

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

2hBusiness InsidereconomicsImpact

US inflation held steady at 2.7% in December

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

1dFinancial Timeseconomics

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

5hBusiness InsidereconomicsImpact

From humanoid robots to agentic AI, I learned what retail insiders are buzzing about at a major industry conference

I went to NRF 2026. Jordan Hart/Business Insider AI dominated this week's discussions at Retail's Big Show, a leading industry conference. I attended for the first time and saw retail leaders showcase...

5hBusiness InsiderTechnology

Polymarket’s eye-watering brush with the 1958 Onion Futures Act

Peeling back the layers of the ambiguously-regulated US prediction market...

6hFinancial TimeseconomicsImpact

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...

5hBusiness InsidereconomicsImpact

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...

9hFinancial 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 ...

10hBusiness 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...

23hFinancial TimeseconomicsImpact

How to de-risk from America

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

1dFinancial 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...

1dBusiness 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...

1dIGNTechnology

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...

1dBloombergeconomicsImpact
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