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Microsoft scrambles to quell fury around its new AI data centers

It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...

2dThe VergeTechnologyImpact

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....

3hCoinTelegrapheconomics

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...

2dSouth China Morning PosteconomicsImpact

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 ...

1dBusiness Insidereconomics

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...

2dFinancial TimeseconomicsImpact

Bitcoin shows resilience amid Powell DOJ probe: Will BTC price hold?

Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will BTC's strength hold?...

2dCoinTelegraphcryptocurrencyImpact

Bitcoin meets gold in UK: 21Shares brings BOLD fund to London

The 21Shares Bitcoin Gold ETP allocates two-thirds to gold and one-third to Bitcoin and trades in pounds sterling and dollars on the London Stock Exchange....

2dCoinTelegraphcryptocurrencyImpact

Verizon will pay you $20 following its nationwide outage — here’s how to get it

Verizon is offering customers a $20 account credit following a massive outage that brought down service across the US on Wednesday. In an update on X , Verizon says you'll receive a text message when ...

8hThe VergeTechnologyImpact

The 500k-ton typo: Why data center copper math doesn't add up

Article URL: https://investinglive.com/news/the-500000-ton-typo-why-data-center-copper-math-doesnt-add-up-20260113/ Comments URL: https://news.ycombinator.com/item?id=46631728 Points: 7 # Comments: 0...

10hHacker NewsTechnologyImpact

Dash price soars 125% amid privacy coin boom: Is the rally overheating?

DASH price surged as capital rotated into privacy coins, with traders shifting away from Zcash after its governance turmoil....

1dCoinTelegraphcryptocurrency

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....

2dABC NewseconomicsImpact

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...

1dSouth China Morning PostPoliticsImpact

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...

2dBusiness InsidereconomicsImpact

Wall Street hits back at Trump’s plan to limit interest on credit cards

Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...

1dFinancial TimesPoliticsImpact

Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing

Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar wi...

1dSouth China Morning Posteconomics

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...

2dFinancial Timeseconomics

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...

1dBusiness Insidereconomics

Indian crypto platforms push for tax rethink ahead of February budget

Industry leaders say transaction-level taxes and loss restrictions are draining liquidity as India tightens crypto compliance and enforcement....

12hCoinTelegraphcryptocurrencyImpact

WeatherTech founder might be the newest US consumer protection official

President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...

2dThe VergePoliticsImpact

I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax. Sam Slater California's proposed wealth tax is sparking debate among billionaires across the stat...

13hBusiness InsiderPoliticsImpact
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