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Uber Eats and DoorDash workers could see a bump from New York City's new tipping law. The companies say it'll hurt them.

New York City's law mandating an option to tip when customers pay for their order takes effect on January 26. Tom Williams/CQ-Roll Call, Inc via Getty Images A New York City law requiring a tip prompt...

8hBusiness InsiderPoliticsImpact

Vimeo is laying off staff globally after its $1.38 billion sale to Bending Spoons

Cheng Xin/Getty Images Vimeo is laying off staffers globally in a new round of cuts. The job cuts arrived a few months after tech holding company Bending Spoons bought Vimeo. It's Vimeo's second round...

2dBusiness InsiderTechnologyImpact

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

Jan 13Business 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...

Jan 13Business 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...

Jan 14Business InsidereconomicsImpact

We are centimillionaires. Here are the biggest money mistakes we made with our kids — and how we fixed them.

Bobby and Sofia Castro, center, have changed the way they approach money with their children by increasing transparency — and responsibility. Courtesy of Bobby and Sofia Castro Bobby and Sofia C...

7hBusiness InsidereconomicsImpact

Morning Minute: PwC Says Crypto Adoption Has Passed The Point of No Return

The Big Four firm argues in its latest report that institutional adoption has permeated crypto so much there's no turning back....

1dDecryptcryptocurrency

Binance Files for MiCA License in Greece Ahead of July 1 EU Deadline

Binance’s application for MiCA is reportedly being fast-tracked, after the exchange established a holding company in Greece in December....

1dDecryptcryptocurrencyImpact

Uzbek President Mirziyoyev signs Board of Peace charter and holds talks in Davos

During the World Economic Forum, Shavkat Mirziyoyev combined multilateral engagement with a series of political and economic meetings, focusing on peace initiatives, investment cooperation and Uzbekis...

1dEuronewsPolitics

How tech titans prospered in the first year of Trump’s return to power

Silicon Valley bosses who lined up behind the US president for his inauguration have fared well under his administration...

4dFinancial TimesPoliticsImpact

US Bitcoin traders flip bearish: Is BTC price at risk of losing $90K?

Bitcoin faces rising downside risk as macro pressure and weak technicals point to a possible drop toward $80,000 on a rising-wedge breakdown....

5dCoinTelegraphcryptocurrencyImpact

Pakistan to Explore Stablecoin Remittances via Affiliate of Trump-Linked World Liberty Financial

Pakistan’s Ministry of Finance has signed an MOU with an affiliate of the Trump-backed DeFi project to target cross-border payments....

Jan 14Decryptcryptocurrency

Pentagon invests $1bn in US missile motor unit of defence group L3 Harris

Deal marks government’s first direct-to-supplier agreement but raises questions over conflict of interest...

Jan 13Financial TimeseconomicsImpact

Ørsted up 5% as US judge clears restart of stalled US wind farm

Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume....

Jan 13Euronewseconomics

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....

Jan 13Al JazeeraPoliticsImpact

OpenAI is making more than $1 billion a month from something that has nothing to do with ChatGPT

Sam Altman says OpenAI's API business pulled in more than $1 billion in annual recurring revenue in the past month. Kyle Grillot/Bloomberg—Getty Images/Reuters OpenAI has made more than $1 billi...

1dBusiness InsiderTechnologyImpact

FedEx's CEO explains why regular humanoid robots can't get the job done in its warehouses

FedEx CEO Raj Subramaniam said regular humanoid robots aren't sufficient for his warehouses. AP Photo/Eric Risberg FedEx's CEO said regular humanoid robots won't make the cut for work at his warehouse...

5dBusiness InsiderTechnologyImpact

Lawsuit Claims Hasbro Misled Investors Regarding Sales of Controversial Magic: the Gathering Anniversary Set

A new lawsuit filed by shareholders of Hasbro against the company and its directors alleges that company leadership has mismanaged Magic: The Gathering by overprinting sets of cards, thereby devaluing...

19hIGNeconomicsImpact

Gen Z and Millennials see crypto as future of finance, Boomers stick with banks

With Boomers controlling more than half of US household wealth, the coming generational transfer could funnel a portion of this capital into crypto markets, a new OKX survey shows....

3dCoinTelegraphcryptocurrencyImpact

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....

Jan 15CoinTelegrapheconomics
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