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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

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

2dBusiness InsidereconomicsImpact

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

2dBusiness InsidereconomicsImpact

There's a new way to make money from real estate — without ever buying a home

Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...

1dBusiness Insiderreal_estateImpact

Tesla's Cybertruck is falling far short of Elon Musk's ambitious sales targets

Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...

2dBusiness Insiderautomotive

A Google VP explains why ads make sense in AI search but not Gemini — yet

Google VP of global ads, Dan Taylor, said the company is focused on bringing ads to AI Overviews and AI Mode. Google Ads aren't coming to the Gemini AI app anytime soon, according to Google's VP of gl...

1dBusiness InsiderTechnologyImpact

I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.

Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...

1dBusiness InsidereconomicsImpact

Why Iran's fate means more to oil markets than Venezuela's

While markets appeared barely fazed by the fate of Venezuela's oil industry, they are considerably more nervous about the potential impact of internal unrest and foreign escalation when it comes to Ir...

1dDeutsche WelleeconomicsImpact

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"...

1dBusiness InsidereconomicsImpact

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

1dBusiness InsiderPoliticsImpact

Want a promotion? It might pay to use AI

Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...

17hBusiness 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...

2dFrance 24PoliticsImpact

Crypto Bill Draft Grants XRP, Solana and Dogecoin Same Legal Status as Bitcoin

The draft provision would treat tokens as “non-ancillary” assets, exempt from SEC securities rules, if they were in an ETF by 2026....

2dDecryptcryptocurrencyImpact

Morning Minute: Coinbase Withdraws Support of Clarity Act, Markup Delayed

Brian Armstrong and crew stated that they cannot support the draft bill in its current state, leading to a delay in today's scheduled markup....

15hDecryptcryptocurrencyImpact

How US sanctions crippled lives of Iranians Trump says he wants to ‘help’

US sanctions have damaged Iran's economy, which was the reason the protests broke out in the first place....

2dAl JazeeraPoliticsImpact

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

2dBusiness InsiderTechnologyImpact

David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery

David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...

13hBusiness Insidereconomics

Uber and DoorDash delivery workers missed $550 million worth of tips in New York City, a city report estimates

Changes to how customers tip on Uber Eats and DoorDash have led to lower earnings for gig workers, according to a report from New York City. Artur Widak/NurPhoto via Getty Images Uber Eats and DoorDas...

2dBusiness InsidereconomicsImpact

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...

1dBusiness InsidereconomicsImpact

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

1dBusiness InsidereconomicsImpact
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