The leading cryptocurrency stories in Latin America this week point to a region in transition. Fintech giant Revolut launched full banking operations in Mexico. In Venezuela, Interpol carried out a major crackdown on a cross-border cryptocurrency scam linked to Generation Zoe. Meanwhile, El Salvador strengthened its Bitcoin strategy by introducing new tax incentives for foreign
President Donald Trump has nominated Kevin M. Warsh as the next chair of the Federal Reserve, setting the stage for a contentious confirmation battle and renewed debate over the central bank’s independence. Warsh, a former Fed governor who served from 2006 to 2011, emerged ahead of several high-profile contenders, including White House economic adviser Kevin
The financial world shifted on its axis this Friday as President Donald Trump officially nominated Kevin Warsh to succeed Jerome Powell as Chair of the Federal Reserve. This appointment is far from a mere administrative baton-pass; it represents a fundamental pivot in the world’s most powerful economic engine. Warsh, a former Fed governor and Wall
China is turning to services and experiences as a new lever to revive domestic demand, as weak household confidence, a prolonged property slump, and slowing exports weigh on the world’s second-largest economy. On Thursday, the State Council released a work plan aimed at boosting services consumption over the coming years, spanning cruise and yacht tourism,
Japan has joined a growing list of countries scrutinising X over Elon Musk’s artificial intelligence service Grok and concerns that the chatbot can be used to create and spread sexualised images of people without their consent. The development adds new pressure on the social media platform as regulators worldwide step up checks on AI tools
Tesla stock (NASDAQ: TSLA) has fallen into the red on Friday as investors trim positions ahead of the automaker’s Q4 2025 earnings report scheduled for January 28 after market close. The stock has drifted lower this week on profit-taking concerns, driven by a confluence of near-term questions about vehicle volumes, margins, and Tesla’s strategic shift
Elon Musk escalated a very public brawl with Ryanair this week into takeover territory, floating the idea of buying Europe’s largest budget airline after the carrier rejected his Starlink in-flight Wi-Fi system. The online spat began on January 16, when Musk called Ryanair CEO Michael O’Leary an “utter idiot,” polled his X followers on whether
Elon Musk’s SpaceX has begun lining up senior roles at four major Wall Street banks as it races toward a potentially record-breaking initial public offering. As per a Financial Times report, Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are being positioned for lead underwriting roles in what would rank as one of
The European Union has opened a formal investigation into Elon Musk’s social media platform X over concerns that its Grok artificial intelligence chatbot may have generated deepfake images that “may amount to child sexual abuse material.” The European Commission said the probe will assess whether X complied with its obligations under the bloc’s Digital Services
Tesla stock (NASDAQ: TSLA) eased lower on Monday as investors braced for a make‑or‑break earnings week that will test whether Elon Musk’s big autonomy promises really deliver. The stock traded down roughly 3%, well below its mid‑December peak near $490, even as the S&P 500 and Nasdaq inched higher ahead of a key Federal Reserve