Wall Street banks plan sale of X debt at a discount

Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge, hoping to sell senior debt at between 90 and 95 cents on the dollar, reports the WSJ.  As n…Read More

Do tariffs raise inflation?

Usually. But the bigger problem is that they harm economic growth and innovation

Read more: https://www.economist.com/finance-and-economics/2025/01/23/do-tariffs-raise-inflation

#Economics #Finance #Money #Economy #Business

Flip, the TikTok Shop rival, launches a creator fund that grants up to $100M of equity

Flip is a social commerce app that lets shoppers become creators. They can share honest reviews and earn cash based on engagement on the platform. As Flip competes with TikTok Shop and other platforms in a highly competitive market, it has introduced a new…Read More

Do tariffs raise inflation?

Usually. But the bigger problem is that they harm economic growth and innovation

Read more: https://www.economist.com/finance-and-economics/2025/01/23/do-tariffs-raise-inflation

#Economics #Finance #Money #Economy #Business

Passbolt raises $8M for its open source password manager for teams

Password managers have become commonplace at this point. But businesses often have different needs than consumers. Teams, after all, often have to share credentials to access resources, all while IT and security teams need ways to control who has access to them. Passbolt, which is…Read More

Donald Trump issues fresh tariff threats

But it may be a while before he unleashes a universal levy

Read more: https://www.economist.com/finance-and-economics/2025/01/20/donald-trump-issues-fresh-tariff-threats

#Economics #Finance #Money #Economy #Business

Trump administration fires members of cybersecurity review board in “horribly shortsighted” decision

The Department of Homeland security told members of the Cyber Safety Review Board that their membership was terminated.
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Donald Trump issues fresh tariff threats

But it may be a while before he unleashes a universal levy

Read more: https://www.economist.com/finance-and-economics/2025/01/20/donald-trump-issues-fresh-tariff-threats

#Economics #Finance #Money #Economy #Business

Samsung Unpacked 2025: Here’s how to watch and what we expect

The biggest reveal from last week’s Samsung CES press conference may well have been another press conference. The hardware giant closed out the main event by teasing the company’s upcoming show. The next Samsung Unpacked event is set for Wednesday at 10 a.m. PT. As with all recen…Read More

Why has Donald Trump held fire on tariffs?

The president had promised hefty levies immediately

Read more: https://www.economist.com/finance-and-economics/2025/01/20/why-has-donald-trump-held-fire-on-tariffs

#Economics #Finance #Money #Economy #Business