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The US ended 2025 with steady but elevated inflation in December

The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...

9hBusiness InsidereconomicsImpact

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 "...

6hBusiness Insiderautomotive

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....

12hBusiness InsiderPoliticsImpact

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

6hThe VergeTechnologyImpact

Macron brandishing 'threat of dissolution' as budget talks resume, although 'unlikely'

Crucial budget talks are resuming in French parliament, as MPs have failed to secure the 2026 budget in time last year. President Emmanuel Macron has brandished the threat of dissolution in case parti...

7hFrance 24PoliticsImpact

Polygon Labs Bolsters Stablecoin Payments Push, Acquiring Coinme and Sequence

Polygon Labs signaled that it’s becoming a regulated payments company by acquiring Coinme and Sequence for a combined $250 million....

9hDecryptcryptocurrency

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...

13hBusiness InsiderPoliticsImpact

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...

5hBusiness InsidereconomicsImpact

Meta’s metaverse layoffs apparently include some of its VR studios

Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...

4hThe VergeTechnologyImpact

Morning Minute: Fidelity Calls Bitcoin 'Maturing,' Lays Out 2026 Bull and Bear Case

The financial services firm lays out a pretty straightforward bull case for Bitcoin as it matures—will it come to fruition?...

9hDecryptcryptocurrencyImpact

​​Polygon strikes $250M deal for Coinme and Sequence in stablecoin payments push

Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale....

6hCoinTelegraphcryptocurrency

Ubisoft Layoffs Continue With 55 Staff at The Division Studio Massive and Ubisoft Stockholm Now Impacted

Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...

12hIGNeconomicsImpact

Bitcoin Climbs Above $93K as US Inflation Holds Steady

Bitcoin hits $93K as volume surges, but sellers dominate—will it reach $100K or face more pressure ahead?...

5hDecryptcryptocurrencyImpact

Russian Crude Cargoes Pile Up on Tankers as Deliveries Falter

At least 12 vessels full of Urals idle off Omani coast, more are anchored near China...

10hBloombergeconomicsImpact

JPMorgan Chase’s profits fall 7% as investment bank fees disappoint

US’s biggest bank also lifts loan loss provisions after agreeing to take over Apple’s credit card portfolio...

10hFinancial TimeseconomicsImpact

Dell tells staff to get ready for the 'biggest transformation in company history.' Read the memo.

Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...

4hBusiness InsidereconomicsImpact

Monero climbs to new high of $687 as crypto surveillance tightens

Tightening KYC regulations and growing scrutiny on the digital economy are triggering more investor demand for privacy-preserving digital assets like Monero....

9hCoinTelegraphcryptocurrency

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

9hSouth China Morning PostTechnology

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....

7hDecryptcryptocurrencyImpact

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....

10hEuronewseconomics
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