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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. ...

16hBusiness InsidereconomicsImpact

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....

1dDecryptcryptocurrency

AI concerns and slow growth put brakes on EU job market

The pandemic gave workers increased options as home offices became the norm in some fields. Now, with the EU experiencing industrial slowdown and AI automation, workers are growing increasingly wary o...

2dDeutsche Welleeconomics

Microsoft scrambles to quell fury around its new AI data centers

It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...

1dThe VergeTechnologyImpact

Brands that skimp on social media marketing do so at their own peril

Learning app Duolingo has 17 million followers on TikTok where its mascot Duo is a social-media celebrity. Isa Foltin/TikTok via Getty Images Social media is more important than ever for US retail sit...

15hBusiness Insidereconomics

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...

1dBusiness InsiderPoliticsImpact

The Atlantic, Penske, and Vox Media have all sued Google for antitrust violations

Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...

13hThe VergeeconomicsImpact

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...

18hBusiness InsidereconomicsImpact

Bitcoin Hits Two-Month High as CPI Steadies and Short Covering Accelerates

Bitcoin’s rally drew fuel from short covering as steady inflation data and the start of earnings season reinforced trader expectations....

1dDecryptcryptocurrencyImpact

​​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....

1dCoinTelegraphcryptocurrency

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...

1dThe VergeTechnologyImpact

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

17hBusiness InsidereconomicsImpact

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...

17hBusiness InsidereconomicsImpact

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...

1dBusiness InsidereconomicsImpact

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

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?...

1dDecryptcryptocurrencyImpact

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

1dBusiness InsidereconomicsImpact

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...

2dDecryptcryptocurrency

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

11hBusiness InsidereconomicsImpact

A Google VP explains why ads make sense in AI search but not Gemini — yet

Google VP of global ads, Dan Taylor, said the company is focused on bringing ads to AI Overviews and AI Mode. Google Ads aren't coming to the Gemini AI app anytime soon, according to Google's VP of gl...

15hBusiness InsiderTechnologyImpact
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