Federal Reserve Chair Jerome Powell says his refusal to drop interest rates led to Donald Trump opening a criminal investigation over renovations to the central bank’s headquarters....
Companies in new year borrowing rush ahead of expected glut of issuance to fund AI-related spending...
President demands one-year limit should come into force on January 20 but gave no details...
Company confident ‘last details’ of deal with White House to resume AI chip exports will be finalised soon...
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...
The proposal highlights South Korea’s push to align crypto oversight with securities markets, raising stakes for exchanges and traders alike....
Steven Senne/AP It's jobs day in America. At 8:30 a.m. Eastern Time, the Bureau of Labor Statistics will release its monthly report on the employment situation for December 2025, giving us the latest ...
Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...
Italy on Wednesday said that an EU trade deal with South American bloc Mercosur could bring "enormous benefits", despite calling for a postponement of plans to seal the accord in December. On Friday, ...
Arthur Johnson, a North Carolina high school teacher, attended an institute on democracy and capitalism amid Americans' declining views on capitalism over time. Jesse Barber for BI Pop quiz: The airli...
Thiel Capital, founded by the billionaire tech investor Peter Thiel, opens a new Miami office amid California's proposed wealth tax debate. Marco Bello/Getty Images Thiel Capital opened a new Miami of...
Composite picture of Elon Musk (left) and Jeff Bezos (right) Joel Saget/AFP and Kevin Winter The 10 richest people are worth more than Amazon after a nearly $600 billion wealth gain in 2025. The AI bo...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images T-Rex LLC, linked to Google founders Sergey Brin and Larry Pag...
Polymarket and other leading prediction market platforms were ordered to immediately close all sports-related markets in the state and refund pending wagers....
New York lawmakers will soon review a bill that seeks to ban certain sports and political event contracts in the state, among others....
Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics and stiff overseas competition pushed sales down ...
NFT minting accelerated even as buyers spent less, pushing the market toward a high-volume, low-price dynamic....
China is taking steps to reshape the direction of its foreign investment, unveiling a revised catalogue of encouraged industries that steers overseas capital towards the advanced and technologically c...
One very lucky lottery player from the US state of Arkansas hit the ultimate jackpot on Christmas Eve. Christmas will never be the same again!...
Article URL: https://wolfstreet.com/2025/12/26/status-of-the-us-dollar-as-global-reserve-currency-usd-share-drops-to-lowest-since-1994/ Comments URL: https://news.ycombinator.com/item?id=46403276 Poin...