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Prudential names Douglas Flint as chair

The former HSBC executive will succeed Shriti Vadera...

1dFinancial Timeseconomics

Coca-Cola scraps Costa Coffee sale after bids fall short

Coke had been seeking about £2bn after paying £3.9bn for UK coffee chain in 2018...

1dFinancial Timeseconomics

US crypto market structure bill in limbo as industry pulls support

The crypto market structure bill in the US Senate has been delayed amid disagreements among lawmakers and influential cryptocurrency companies....

11hCoinTelegraphPolitics

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

1dBusiness InsidereconomicsImpact

THEN AND NOW: Vintage photos show how department stores have changed

Department stores, then and now. Bettmann/Getty Images ; Kamil Krzaczynski/Getty Images Department stores have changed dramatically over the last 100 years. Department stores once sold necessities. No...

5hBusiness InsidereconomicsImpact

Pokémon Scalpers List LEGO Pre-Orders on eBay, With Limited Edition Set Selling for Hundreds of Dollars in Profit

Scalpers are already reselling their LEGO Pokémon set pre-orders on eBay, with numerous instances of the limited edition Kanto Region Badge Collection having been sold on for hundreds of dollars in pr...

2dIGNlifestyleImpact

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...

14hBusiness InsiderPoliticsImpact

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...

2dBusiness InsiderPoliticsImpact

Powell sent senators details on $2.5bn Fed project following testimony

Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...

2dFinancial TimesPoliticsImpact

Warren seeks delay to World Liberty bank bid until Trump cuts ties

“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial....

1dCoinTelegraphPoliticsImpact

Perp DEXs will ‘eat’ expensive TradFi in 2026: Delphi Digital

Perp DEXs only handle a fraction of the trading activity seen in TradFi investments, but their infrastructure is catching up to the slow and fragmented centralized trading venues....

1dCoinTelegraphcryptocurrency

Democrats push FTC to investigate Trump Mobile

Elizabeth Warren and other Democrat lawmakers have written an open letter to the Federal Trade Commission (FTC) asking for an investigation into alleged "false advertising and deceptive practices" fro...

6hThe VergePoliticsImpact

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...

2dThe VergeTechnologyImpact

PC shipments just grew unexpectedly amid RAM shortages

Lenovo is the top PC manufacturer worldwide. The PC market is bracing for a turbulent year ahead , but shipments managed to exceed expectations in the recent holiday quarter. IDC reports that shipment...

2dThe VergeTechnologyImpact

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 "...

2dBusiness Insiderautomotive

Verizon’s wireless network is down for many people nationwide

The first big outage of 2026 is here, as Verizon customers across the US, including several of our phones, complain that service has been spotty or nonexistent since just after noon ET, with phones sw...

1dThe VergeTechnologyImpact

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....

2dBusiness InsiderPoliticsImpact

There's a new way to make money from real estate — without ever buying a home

Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...

1dBusiness Insiderreal_estateImpact

Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

1dIGNTechnologyImpact

I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.

Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...

1dBusiness InsidereconomicsImpact
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