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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....

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 ...

8hNPR 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...

5hBusiness InsiderTechnologyImpact

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

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 ...

4hBusiness InsidereconomicsImpact

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

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

5hFinancial TimeseconomicsImpact

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...

8hFinancial 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 ...

9hBusiness 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

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

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...

1dSouth 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....

10hCoinTelegrapheconomicsImpact

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...

18hFinancial 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...

1dFrance 24PoliticsImpact

Citi CFO says a credit card cap would have a 'deleterious' impact on the economy

Citi reported fourth-quarter earnings on Thursday. Mike Kemp/In Pictures via Getty Images Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. ...

36mBusiness InsidereconomicsImpact
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