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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

Why Iran's fate means more to oil markets than Venezuela's

While markets appeared barely fazed by the fate of Venezuela's oil industry, they are considerably more nervous about the potential impact of internal unrest and foreign escalation when it comes to Ir...

Jan 14Deutsche WelleeconomicsImpact

Advice from 6 quant executives on succeeding in systematic trading — and in life

Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...

3dBusiness InsidereconomicsImpact

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 ...

1dSouth China Morning PostTechnologyImpact

China Telecom develops country’s first MoE models trained entirely on Huawei’s AI chips

State-owned China Telecom has developed the country’s first artificial intelligence models with the innovative Mixture-of-Experts (MoE) architecture that are trained entirely on advanced chips from Hu...

2dSouth China Morning PostTechnologyImpact

Venezuela: Trump's $3 billion oil windfall — why it matters

US President Donald Trump has announced an agreement with Venezuela's interim government to transfer millions of barrels of oil to the US. DW explores how the plan could be a blow to China, Russia, Ir...

Jan 7Deutsche WellePolitics

China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

China's trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald ...

Jan 14NPR NewseconomicsImpact

OpenAI’s 2026 ‘focus’ is ‘practical adoption’

OpenAI plans to focus on "practical adoption" of AI in 2026, according to a blog post from CFO Sarah Friar . As the company spends a huge amount of money on infrastructure, OpenAI is working on "closi...

2dThe VergeTechnologyImpact

Why Wall Street's most data-obsessed investors are taking it slowly with generative AI

Quant asset managers haven't adopted AI en masse yet. Michael M. Santiago/Getty Images A new Bloomberg survey of quant investors found that 54% of respondents do not use generative AI for investing. A...

6hBusiness InsidereconomicsImpact

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...

5dBusiness InsiderTechnologyImpact

Trump floats 200% tariff on French wine over perceived snub

Donald Trump has warned of steep tariffs on French wine and champagne as he presses France's president Emmanuel Macron to join a US-led "Board of Peace." Paris has signalled that it does not plan to j...

2dDeutsche WellePoliticsImpact

Why Democrats are gearing up to oppose a bill to curtail stock trading in Congress

"This bill is a scam. It is not a congressional stock trading ban," Rep. Alexandria Ocasio-Cortez told Business Insider. Tom Williams/CQ-Roll Call, Inc via Getty Images A GOP-backed bill to cu...

5dBusiness InsiderPoliticsImpact

Vimeo is laying off staff globally after its $1.38 billion sale to Bending Spoons

Cheng Xin/Getty Images Vimeo is laying off staffers globally in a new round of cuts. The job cuts arrived a few months after tech holding company Bending Spoons bought Vimeo. It's Vimeo's second round...

22hBusiness InsiderTechnologyImpact

Verizon says it'll credit customers $20 after its service outage lasted over 9 hours, but you have to claim it

Verizon was down for tens of thousands of customers for most of the day on January 14, 2026. Paul Squire/Business Insider Over 170,000 Verizon customers reported a service outage on Wednesday. The out...

Jan 15Business InsiderTechnologyImpact

AI is turning Big Tech into a superstar economy

A star that may have ripped apart a planet, according to researchers REUTERS/NASA/Handout A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly Tech Memo n...

5dBusiness InsiderTechnologyImpact

David Ellison shakes up Paramount's data and insights team as his tech vision comes into focus

David Ellison's Paramount Skydance is putting data and insights front and center. Patrick T. Fallon/AFP via Getty Images David Ellison is making data a key pillar of Paramount Skydance. Paramount is b...

38mBusiness InsiderTechnologyImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

4dBusiness InsidereconomicsImpact

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

Jan 13South China Morning PostTechnology

Trump imposes 25% tariff on any country 'doing business' with Iran

US President Donald Trump ramped up economic pressure on the Iranian regime on Monday by announcing he was imposing import duties on the goods of any country that trades with Tehran. The move could fu...

Jan 13France 24PoliticsImpact

One thing that might get workers to embrace AI? The 4-day workweek.

Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...

Jan 14Business InsiderTechnologyImpact
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