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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....

1dBusiness InsiderPoliticsImpact

Tricolor executives plead not guilty to charges stemming from collapse

CEO and chief operating officer of subprime auto lender and retailer stand accused of misleading creditors on collateral...

18hFinancial Timeseconomics

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

21hThe VergeTechnologyImpact

How Does Financing a Car Work?

Learn how financing a car works and discover how this type of borrowing can help you afford the vehicle of your dreams....

5dCar and Driverautomotive

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....

1dABC 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

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 ...

7hNPR 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...

4hBusiness 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

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...

1dFrance 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...

1dFinancial Timeseconomics

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...

3hBusiness InsiderTechnology

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...

7hFinancial 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 ...

8hBusiness 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...

22hFinancial TimeseconomicsImpact

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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