Russian shoppers pay double for sanctions-hit luxury goods from Europe
Famous Moscow department store Tsum still lists thousands of luxury items from high-end marques despite EU ban...
Jan 1Financial TimeseconomicsImpact
Famous Moscow department store Tsum still lists thousands of luxury items from high-end marques despite EU ban...
Leading AI companies are competing for the world's top talent, doling out huge pay packages. They are also paying top dollar for undiscovered talent. iStock; Rebecca Zisser/BI AI giants like OpenAI, A...
Mark Cuban urged entrepreneurs to focus on customers, embrace AI wisely, and protect their intellectual property in an uncertain economy. Clover Billionaire Mark Cuban is bullish about AI and believes...
President Donald Trump speaks at a podium about his January 3rd raid on Venezuela. Pete Hegseth, Marco Rubio, and Stephen Miller stand behind him. Jim WATSON / AFP via Getty Images Donald Trump on Sat...
Rome and Italian group look for a solution ahead of US ban on Chinese-backed car software and hardware...
New York lawmakers will soon review a bill that seeks to ban certain sports and political event contracts in the state, among others....
The Community Bankers Council has asked the Senate for a crypto market structure bill that will ban exchanges and others offering interest on stablecoins....
AMD CEO Lisa Su says AI will soon need "10 yottaflops" of compute — a scale of computing power the world has never built before. Caroline Brehman / AFP via Getty Images AI will soon need...
Only three CBDCs have been successfully launched around the world so far, in Nigeria, the Bahamas, and Jamaica, although many jurisdictions are considering it as an option....
Investors would have been better off investing in the S&P500 than betting on US initial public offerings in 2025, with crypto and AI public debuts partly to blame....
President Trump has set his sights on Venezuela's vast oil reserves, the largest in the world. If consolidated under Washington’s influence, about one third of global oil reserves could end up under U...
Recent surveys suggest older Americans plan to unretire in 2026 or fear they may have to down the line. Kittipong Udomsom/Getty Images More older Americans are returning to work due to financial insec...
Americans have received millions of dollars as part of guaranteed income pilot programs. SimpleImages/Getty Images Basic income pilots have distributed over $335 million in economic relief to American...
Japan’s two-year government bond yield rose after an auction of the tenor drew weak demand amid speculation that the Bank of Japan may need to raise interest rates more aggressively to rein in inflati...
Workers in six more states will see their minimum wages hit $15. Jeffrey Greenberg/Universal Images Group via Getty Images Nineteen states will raise their minimum wages in January, affecting over 8 m...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
An ADU built by Villa in a California backyard. miller.photo for Villa Building tiny backyard homes can be expensive . The units can range in cost — from under $100,000 to over $300,000. Three s...
📋 Key Facts ✓ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. ✓ He served in the role for 12 years. ...
Sergey Brin, Larry Page, and Jeff Bezos are all approaching $300 billion net worths. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The $200 billion club could soon be old news as tech...
Getty Images; Alyssa Powell/BI The must-read story in the $5 trillion hedge fund industry used to be about who made the biggest trade or launched the biggest fund. Now it's about who made the biggest ...