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Dollar and US stocks fall as Trump says ‘no going back’ on Greenland bid

European leaders criticise stance on Arctic island, with Macron taking aim at US president’s ‘useless aggressivity’...

4dFinancial TimesPoliticsImpact

Bessent meets China’s He Lifeng in Davos, praises trade progress on soybeans, rare earths

US Treasury Secretary Scott Bessent said he met with his Chinese counterpart, Vice-Premier He Lifeng, on Monday on the sidelines of the World Economic Forum in Davos. The two men have been the primary...

4dSouth China Morning PostPoliticsImpact

Map shows how the rich and powerful are descending on Davos by private jet

Private jets from dozens of different countries arrived near Davos on Monday. Pete Syme/Business Insider Business Insider tracked private jets landing near Davos on the first day of the WEF annual mee...

4dBusiness InsidereconomicsImpact

Advice from 6 quant executives on succeeding in systematic trading — and in life

Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...

5dBusiness InsidereconomicsImpact

Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...

Jan 14South China Morning PostTechnologyImpact

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...

Jan 13South China Morning Posteconomics

Venezuela opens debate on an oil sector overhaul as Trump seeks role for US firms

Venezuela's legislature advanced a bill on Thursday to loosen state control over the country's vast oil sector, the first major overhaul since parts of the industry were nationalized in 2007. (Image c...

1dNPR NewsPoliticsImpact

'Big Short' investor Michael Burry sounds alarm on AI bubble that's 'too big to save'

Michael Burry Jim Spellman/WireImage Michael Burry says AI is a bubble so big that it will tank the market and economy when it pops. The "Big Short" investor said the government will try to he...

3dBusiness InsidereconomicsImpact

Trump threatens 200% tariff on French wine over Macron's refusal to join 'Board of Peace'

US President Donald Trump threatened to impose 200 percent tariffs on French wines and Champagnes on Monday evening, a measure he said was intended to convince his French counterpart Emmanuel Macron t...

4dFrance 24PoliticsImpact

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...

Jan 15The VergePoliticsImpact

61 million passenger trips at Hong Kong airport in 2025, up 15% year on year

Passenger trips at the Hong Kong International Airport reached 61 million in 2025, marking a 15 per cent year-on-year increase, after a full year of operation with the facility’s third runway. The Air...

Jan 15South China Morning Postworld_newsImpact

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. ...

Jan 14Business InsidereconomicsImpact

OpenAI’s 2026 ‘focus’ is ‘practical adoption’

OpenAI plans to focus on "practical adoption" of AI in 2026, according to a blog post from CFO Sarah Friar . As the company spends a huge amount of money on infrastructure, OpenAI is working on "closi...

5dThe VergeTechnologyImpact

Student-loan borrowers behind on payments are getting a major break, the US education secretary says

Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...

Jan 16Business InsiderPoliticsImpact

Shopify's CEO says companies that hire founders often make a big mistake: Don't 'put them in like founder day care'

Shopify CEO says companies often undervalue founders and put them in a corner. Kevin Dietsch/Getty Images Shopify CEO Tobi Lütke said companies undervalue founders' experience and leadership. Lütke sa...

5dBusiness InsiderTechnologyImpact

'Awful' Nintendo DS Game Disney Cory in the House Now Selling for Hundreds of Dollars on eBay Amid Viral Metacritic Campaign

Disney Cory in the House , an obscure Nintendo DS game at the center of a bizarre viral campaign, is now being sold for hundreds of dollars on eBay. Earlier this week, we reported that Disney Cory in ...

Jan 16IGNEntertainment

Wall Street is losing its appetite for Oracle's data center debt

Larry Ellison stands on stage to give a keynote during the company's 2025 conference. Robert Galbraith/Reuters Oracle and OpenAI's have plans to build $500 billion of data centers in a venture called ...

2dBusiness Insidereconomics

Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

4dBusiness InsiderPoliticsImpact

America's homebuilding is powered by immigrant workers. Here are the places that rely on them the most.

The cities building the most homes rely more heavily on immigrant labor. Allen J. Schaben / Los Angeles Times The cities that build and remodel the most homes rely the most heavily on immigrant worker...

6dBusiness Insiderreal_estateImpact

They quit their day jobs to bet on current events. A look inside the prediction market mania

Prediction market apps are thriving in Trump's second term, with traders betting on migrant deportations to election outcomes. A community of young, mostly male and very online traders are driving the...

Jan 17NPR NewsPoliticsImpact
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