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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...

Jan 13Financial TimesPoliticsImpact

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...

6dBusiness InsidereconomicsImpact

New York luxury office market booms as companies seek high-end amenities

Number of leases signed for space priced at $100 or more per sq ft reached all-time high in 2025...

6dFinancial Timeseconomics

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....

Jan 13Business InsiderPoliticsImpact

EU states discuss options to respond to Trump's tariff threat over Greenland. Follow live

EU ambassadors convened an emergency meeting in Brussels after Donald Trump threatened tariffs on eight European countries in a dispute over Greenland. France wants the block to use its so-called trad...

2dDeutsche WellePoliticsImpact

EU's 'anti-coercion' trade tool is back on the table as a response to Trump's tariff threats over Greenland. Follow live

Germany has vowed a "united" response from Europe after Donald Trump threatened tariffs on nations that oppose him over Greenland. NATO's Mark Rutte is set for talks with Danish and Greenland official...

2dDeutsche WellePoliticsImpact

China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

China has reported its trade surplus surged to a record of almost $1.2 trillion last year as exports to other countries made up for slowing shipments to the United States under President Donald Trump...

Jan 14ABC NewseconomicsImpact

Trump’s wine threats hit more than bottles, say European producers

After being caught in the crossfire of US-EU trade tensions in 2025, Europe’s wine industry said it is keeping a cool head following fresh tariff threats against French wine from US President Donald T...

19hEuronewsPoliticsImpact

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’s tariff policies: Pressuring rivals and alienating allies

During his second term, President Donald Trump used tariffs not only to rebalance trade but to pressure both allies and rivals into aligning with his policies. While this approach has raised tensions,...

2dFrance 24PoliticsImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

6dBusiness InsiderTechnologyImpact

Embrace the Fomo, wear sensible shoes and never take a cab: FT writers share their Davos tips

Attendees say navigating the elite networking event is not without obstacles...

3dFinancial TimeseconomicsImpact

A look at the EU's 'Anti-Coercion Instrument' amid Greenland dispute with US

Trump on Saturday threatened to impose more tariffs on eight European nations until the US is allowed to buy Greenland, citing US national security concerns. EU governments are drawing up retaliatory ...

1dFrance 24PoliticsImpact

UK PM Starmer says trade war in no one’s interest after Trump's tariff threats

British Prime Minister Keir Starmer said Monday that US President Donald Trump’s threat of tariffs against allies over Greenland is “completely wrong” and a trade war is in no one’s interest. Trump sa...

1dFrance 24PoliticsImpact

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...

Jan 13Business InsiderPoliticsImpact

EU weighs countermeasures against Trump's tariff threats over Greenland

EU leaders are set to discuss countermeasures at an emergency summit in Brussels on Thursday in response to US President Donald Trump's tariff threats. One option is a package of tariffs on 93 billion...

1dFrance 24PoliticsImpact

Ask Gavin Newsom: The future of capitalism is on the agenda at Davos

California Gov. Gavin Newsom says he will attend Davos to counter President Donald Trump. Justin Sullivan/Getty Images Business Insider is thinking a lot about the future of capitalism. So, it seems, ...

3dBusiness InsiderPoliticsImpact

Millionaires ask leaders at Davos to tax the rich

The Swiss resort town of Davos hosts the World Economic Forum each January, bringing together politicians, policymakers, and business executives. Christian Hartmann/Reuters Nearly 400 wealthy individu...

3hBusiness InsiderPoliticsImpact

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...

5dThe VergePoliticsImpact

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...

Jan 13Business InsiderTechnologyImpact
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