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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. ...

19hBusiness InsidereconomicsImpact

'Keep protesting, help is on the way,' Trump tells Iranians as death toll surpasses 2,000

Trump's remarks came as the US-based Human Rights Activists News Agency said over 2,000 people had been killed in anti-government protests....

1dEuronewsPoliticsImpact

Countries must raise taxes on sugary drinks and alcohol to curb preventable disease, WHO says

Low taxes, which are not in line with inflation, are ineffective in reducing alcohol or sugary drink consumption, the World Health Organization warns....

1dEuronewsHealthImpact

France's far-right Le Pen appeals graft conviction with 2027 presidential bid on the line

French far-right leader Marine Le Pen is set to return to court on Tuesday to appeal a graft conviction, with her 2027 presidential ambitions hanging in the balance. Le Pen was banned from standing fo...

2dFrance 24PoliticsImpact

Hong Kong’s John Lee to open new Legco’s first meeting with Tai Po fire on agenda

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading...

1dSouth China Morning PostPoliticsImpact

Senate passes a bill that would let nonconsensual deepfake victims sue

The Senate passed a bill that could give people who've found their likeness deepfaked into sexually-explicit images without their consent a new way to fight back. The Disrupt Explicit Forged Images an...

1dThe VergePoliticsImpact

Russia's 'massive' losses in Ukraine have it heading toward a breaking point, NATO's top official says

A Ukrainian soldier fires a Javelin anti-tank missile. Dmytro Smolienko via Reuters Connect NATO's secretary general said up to 25,000 Russian soldiers are being killed in Ukraine each month. Mark Rut...

19hBusiness Insiderworld_newsImpact

Malaysia to take legal action against Elon Musk's X and xAI over misuse of Grok chatbot

Authorities said Grok was being misused to generate sexually explicit and non-consensual AI images....

1dEuronewsTechnologyImpact

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

23hBusiness InsidereconomicsImpact

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

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....

1dDecryptcryptocurrencyImpact

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

1dBusiness InsiderPoliticsImpact

Iran: Donald Trump says killings have halted after anti-government protests

US President Donald Trump said Wednesday that he’s been told "on good authority" that plans for executions in Iran have stopped. Tehran, on its end, has signaled fast trials and executions ahead in it...

1hFrance 24PoliticsImpact

Anything short of US control of Greenland 'unacceptable,' Donald Trump says

Donald Trump has again doubled down on threats to seize the autonomous territory. Foreign ministers from Denmark and Greenland are in Washington DC for talks on easing the tensions over the Arctic isl...

20hDeutsche WellePoliticsImpact

Uganda shuts down internet as Museveni seeks to extend long rule

Ugandan authorities shut down internet access nationwide on Tuesday, two days ahead of elections in which President Yoweri Museveni has overseen a crackdown on the opposition as he seeks to extend his...

1dSouth China Morning PostPoliticsImpact

'Little appetite for regime change’: Trump offers 'help' for Iran's protesters, but what can he do?

US President Donald Trump told Iranian protesters on Tuesday that “help is on its way” as he weighed options to punish Tehran for its brutal crackdown. As the threat of military action looms, analysts...

1dFrance 24PoliticsImpact

Democratic congressman Ro Khanna wants creators to have their own 'bill of rights'

US House Rep. Ro Khanna. The Washington Post/Getty Images Democratic Rep. Ro Khanna plans to introduce a resolution Thursday called the "Creator Bill of Rights." The progressive congressman is...

1hBusiness InsiderPoliticsImpact

China's much-hyped radars appear to have been of little help when the US launched its massive air assault against Venezuela

China's JY-27A radar didn't appear to be effective during the US raid on Venezuela. US Air Force Photo Venezuela's Chinese air defense radars weren't game-changing during the US raid to capture Maduro...

1dBusiness Insiderworld_newsImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

1dBusiness InsiderPoliticsImpact

Greenland and Denmark reject US pressure ahead of Washington trip

Leaders say territory ‘not for sale’ before White House meeting on Wednesday...

1dFinancial TimesPoliticsImpact
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