Business

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Business

Epstein files spark boardroom resignations, and the fallout is spreading

For decades, Jeffrey Epstein’s Manhattan townhouse functioned as an unofficial annex to some of the world’s most powerful boardrooms. Association with the financier was once treated as a marker of access and influence. That calculus has now reversed sharply. The unsealing of millions of pages of Epstein-related court records and federal filings has transformed old

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Business

Global AI companies target India as Delhi hosts landmark technology summit

New Delhi will host the India AI Impact Summit 2026 starting Monday, bringing together the world’s most influential artificial intelligence leaders, policymakers, and corporate executives. The five-day gathering at Bharat Mandapam will run from February 16 to February 20 and is the first global AI summit hosted in the Global South. It is also expected

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Business

LATAM crypto news: Argentina fintech faces setback; Brazil weighs Bitcoin reserve

The most noteworthy cryptocurrency developments in the region this week came from Argentina, Brazil, and El Salvador. El Salvador is planning a $100 million tokenised investment program for local SMEs, Brazil is considering a bill to eliminate crypto taxes and establish a strategic Bitcoin reserve, and Argentina’s fintech industry suffered a blow when lawmakers revoked

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Business

Why Tesla stock is climbing even as Big Tech sells off

Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits. The contrast matters because it suggests Tesla stock is being treated less like a simple “tech beta” trade and more like a stock

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Business

Citi sees 3 major risks in Pinterest stock’s path to recovery

Pinterest Inc (NYSE: PINS) crashed more than 20% this morning after reporting a “disappointing” Q4 and offering current-quarter guidance that suggested things aren’t expected to improve anytime soon. And while the company’s management attributed much of this weakness to “tariffs,” Citi analysts believe there’s more at play here that could make it difficult for PINS

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Business

Cooling inflation and steady hiring ignite fresh hopes of a US soft landing in 2026

January delivered the kind of mix investors and policymakers have been looking for: inflation cooled even as the labor market kept adding jobs. The US consumer price index rose 0.2% in January and was up 2.4% from a year earlier, while core inflation (which strips out food and energy) rose 0.3% on the month and

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Business

AI sell-off: 3 sectors it has hit the hardest and why

The meteoric rise of artificial intelligence, which once propelled markets to record highs, has hit a wall of skepticism. In early February 2026, a sharp sell-off rippled through global exchanges as the narrative shifted from “AI as a savior” to “AI as a disruptor.” This volatility was primarily triggered by two factors: a massive spike

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Business

US crypto policy deadlock is weighing on Bitcoin price

Progress around key crypto legislations in the US remains stuck in limbo, effectively capping price action as institutional capital remains on the sidelines. After a year of blistering gains that saw Bitcoin soar from under $70,000 to an all-time high of $126,000 in October, the flagship crypto has crashed to multi-month lows. Bitcoin’s rally last

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Business

Strategy (MSTR) to issue more preferred stock as Bitcoin price stuggles

As Bitcoin’s price slump continues to rattle equity-linked crypto firms, Strategy Inc. (previously known as Microstrategy) is pivoting its capital-raising playbook to preferred stock issuance in a bid to secure fresh funding for its Bitcoin accumulation strategy. Chief Executive Phong Le said the company would increasingly rely on perpetual preferred shares to fund purchases of

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Business

Trump-linked World Liberty to launch forex remittance platform amid controversies

World Liberty Financial, a crypto project backed by members of the Trump family, said it plans to launch a foreign exchange and remittance platform aimed at lowering the cost of cross-border money transfers. Speaking at the Consensus conference in Hong Kong, co-founder Zak Folkman detailed plans to utilise the project’s proprietary USD1 stablecoin to facilitate

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