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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....

20hBusiness InsiderPoliticsImpact

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...

17hBusiness InsidereconomicsImpact

Bessent not happy about Powell investigation, conveyed concerns to Trump: Sources

Treasury Secretary Scott Bessent is not happy with the Justice Department investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News....

13hABC NewsPoliticsImpact

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....

17hABC NewseconomicsImpact

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...

15hFrance 24PoliticsImpact

WATCH: What to know about the DOJ's criminal probe into Fed Chair Powell

The Justice Department investigation into Federal Reserve Chairman Jerome Powell is sparking backlash and spotlighting the clash between the White House and the Federal Reserve Chair....

23hABC NewseconomicsImpact

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?...

1dCoinTelegraphcryptocurrencyImpact

Protesters say 'unliveable to be a farmer in France today' as they condemn Mercosur deal

French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...

19hFrance 24PoliticsImpact

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 ...

1hBusiness Insidereconomics

The New Alienware Area-51 Ryzen X3D RTX 5090 Gaming PC Drops in Price Following CES 2026

If you're seeking the absolute best of the best in PC gaming performance, look no further than Alienware's flagship Area-51 prebuilts. Following CES 2026 , Dell has discounted an Alienware Area-51 AMD...

16hIGNTechnology

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 "...

13hBusiness Insiderautomotive

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...

3hSouth China Morning PostPoliticsImpact

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....

18hAl JazeeraPoliticsImpact

SOL chart shows ‘masterpiece’ setup to $190 after key trend turns bullish

Steady ETF inflows, a bullish cup and handle chart pattern and improving sentiment across the total crypto market could propel Solana price to $190....

11hCoinTelegraphcryptocurrency

Hong Kong corporate governance activist David Webb dies at 60

David Webb, the corporate governance activist renowned for his free public database and his explosive “Enigma Network” exposé that rocked the Hong Kong stock exchange, has died aged 60 of metastatic p...

18hSouth China Morning PosteconomicsImpact

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...

18hFinancial TimeseconomicsImpact

Can Europe rebuild its strength to trade with China without fear?

China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...

22hSouth China Morning Posteconomics

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...

11hBusiness InsidereconomicsImpact

Germany’s Merz pledges to fast track India-EU trade deal during first official Asia visit

German Chancellor Friedrich Merz’s first visit to Asia has raised India’s hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid height...

21hSouth China Morning PostPoliticsImpact

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 ...

16hBusiness InsidereconomicsImpact
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