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Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks

In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system....

1dCoinTelegrapheconomics

Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...

2dSouth China Morning PostTechnologyImpact

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...

2dBusiness InsiderPoliticsImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

2dSouth China Morning PosteconomicsImpact

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...

3dBusiness InsidereconomicsImpact

Trump says tariffs a possibility for countries that oppose US push for control of Greenland

Donald Trump said he may put a tariff on countries that 'don't go along with Greenland,' as he reiterated his demand for US control of the Danish territory. DW has the latest....

10hDeutsche WellePoliticsImpact

The US claims it just strongarmed Taiwan into spending $250 billion on American chip manufacturing

The US just lowered Taiwan's tariffs in exchange for a massive domestic chipmaking promise, the Commerce Department announced on Thursday . Under the deal, tariffs on goods from Taiwan will decrease f...

23hThe VergePoliticsImpact

Student-loan borrowers behind on payments are getting a major break, the US education secretary says

Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...

2hBusiness InsiderPoliticsImpact

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 ...

2dBusiness InsidereconomicsImpact

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...

2dSouth China Morning PostPoliticsImpact

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

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...

3dFrance 24PoliticsImpact

Spotify is hiking prices again

Plans are increasing by $1-$2 per month. The price of Spotify Premium is about to jump again in the US , marking its third price hike since 2023. Spotify announced that subscribers in the US, Estonia,...

1dThe VergeeconomicsImpact

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 ...

2dBusiness Insidereconomics

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...

2dBusiness Insidereconomics

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

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

2dFinancial TimeseconomicsImpact

Jiga (YC W21) Is Hiring Full Stack Engineers

Article URL: https://jiga.io/about-us Comments URL: https://news.ycombinator.com/item?id=46631276 Points: 0 # Comments: 0...

1dHacker NewsTechnologyImpact

Boeing beats Airbus order numbers for the first time this decade

Demand from countries rushing to buy US aircraft to curry favour with Trump administration boosts aviation group...

3dFinancial TimeseconomicsImpact

Delta expects earnings jump amid ‘premium arms race’ in upmarket travel

US airlines invest in upgraded cabins and exclusive lounges as high-end and corporate travel remains resilient...

3dFinancial TimeseconomicsImpact

Oil services giant SLB to pounce on Trump’s Venezuela opening

Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro...

2dFinancial TimesPoliticsImpact
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