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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...

Jan 13Business InsidereconomicsImpact

India’s central bank proposes linking BRICS digital currencies for trade: Reuters

India wants BRICS members to discuss linking their CBDCs for trade and tourism at a future summit, according to a Reuters report....

Jan 19CoinTelegrapheconomics

Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

Jan 15Business InsidereconomicsImpact

Iran‘s central bank acquired $507M in USDt to prop up rial: Elliptic

The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country....

4dCoinTelegrapheconomicsImpact

I'm a millionaire living in California. I'm happy to pay higher taxes since I have more wealth — it just makes sense.

Scott Ellis is a millionaire who supports higher taxes for the wealthy, including himself. Courtesy of Scott Ellis Scott Ellis is a Silicon Valley millionaire who supports California's proposed wealth...

1dBusiness InsiderPoliticsImpact

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

Jan 16Business InsiderPoliticsImpact

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...

4dBusiness InsiderPoliticsImpact

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...

Jan 14South China Morning PostPoliticsImpact

China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...

Jan 13South China Morning PosteconomicsImpact

Poland has more gold than the European Central Bank and has no intention of slowing down

The National Bank of Poland has increased its bullion reserves to around 550 tonnes, valued at more than €63 billion....

6dEuronewseconomicsImpact

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...

Jan 14Business InsiderPoliticsImpact

Musk is asking for up to $134 billion in his legal battle against OpenAI and Microsoft

Elon Musk erupted at the EU all weekend, blasting Brussels over censorship and bureaucracy after X was hit with a major fine for "fake" blue checkmarks. AP Photo/Evan Vucci, File A court filin...

Jan 17Business InsiderTechnologyImpact

SWIFT trials euro stablecoin in tokenized bond payments with SG-Forge

Societe Generale-Forge said its EUR CoinVertible stablecoin is the first MiCA-compliant digital asset that is “natively compatible” with SWIFT’s interoperability capabilities....

Jan 15CoinTelegraphTechnology

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....

Jan 13ABC NewseconomicsImpact

China-founded Shanda’s AI lab boosts Singapore operation, pulling research from China

Frontier research lab MiroMind, a subsidiary of the China-founded multinational firm Shanda Group, has asked some of its staff in Shanghai to relocate to Singapore, according to people with knowledge ...

5dSouth China Morning PostTechnologyImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

Supreme Court justices express scepticism over Trump’s bid to sack Lisa Cook

Outcome of case will have sweeping implications for US central bank independence...

5dFinancial TimesPoliticsImpact

Inside Larry Fink’s bid to revive scandal-hit Davos

BlackRock chief aims to make World Economic Forum central to global conversation...

Jan 18Financial Timeseconomics

Trump’s ‘unpredictable’ policies to fuel shift from US, Pimco says

Cautious stance comes amid Wall St concerns over president’s attack on the Federal Reserve...

Jan 15Financial TimeseconomicsImpact

Young TikTokers are reframing bankruptcy as a financial hack. Experts say it's far more complicated.

More than 533,000 people filed for bankruptcy last year. Boy_Anupong/Getty Images Personal bankruptcy filings are on the rise in the US. Some young people have taken to TikTok, framing their bankruptc...

2dBusiness InsidereconomicsImpact
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