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'It's good to scare people sometimes': Anduril founder Palmer Luckey says he 'broadly' backs Trump's new defense regulations

Palmer Luckey, founder of Erebor Bank and Anduril Industries. PATRICK T. FALLON/AFP via Getty Images Anduril founder Palmer Luckey has voiced support for the Trump administration's new regulations on ...

4dBusiness InsiderPoliticsImpact

JPMorgan is ditching proxy advisors and turning to AI for shareholder votes in the US

JPMorgan Chase : Bob Henry/UCG/Universal Images Group via Getty Images JPMorgan's asset and wealth management unit is dropping proxy advisors for shareholder voting in the US. In place of external hum...

5dBusiness InsidereconomicsImpact

Warren Buffett's departure is putting a 'succession discount' on Berkshire Hathaway stock, a strategist says

Warren Buffett, the CEO of Berkshire Hathaway, is retiring at the end of this year. Kevin Dietsch/Getty Images R360's Barbara Goodstein says Berkshire Hathaway's coming shake-up is an opportunity for ...

Dec 29Business InsidereconomicsImpact

GameStop Closes Hundreds of Stores as CEO Eyes $35 Billion Payout

GameStop is closing hundreds of stores just days into the new year as CEO Ryan Cohen aims to take home $35 billion in performance-based stock options. Reports the gaming and pop-culture retailer would...

3dIGNeconomicsImpact

These 10 housing markets top the list for first-time homebuyers

Patrick T. Fallon / AFP There are 10 cities that look like good options for those buying a home for the first time, Realtor.com said. The firm ranked cities for first-time homebuyers based on factors ...

5dBusiness Insiderreal_estateImpact

Costco shoppers say these items basically make a membership pay for itself. We did the math.

Costco offers some impressive prices, but shoppers sometimes balk at the membership fee. Dominick Reuter/Business Insider Costco is known for buying in bulk and offering some of the lowest unit prices...

1dBusiness Insidereconomics

The list of companies laying off staff this year includes Angi and Tailwind, with dozens of others warning of job cuts

Angi, formerly Angie's List, is a service for home service professionals. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Companies such as Angi and Tailwind have said they're t...

3dBusiness InsidereconomicsImpact

Jensen Huang said he is 'perfectly fine' with the California billionaire wealth tax and breaks with other tech CEOs

Nvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed billionaire wealth tax. Patrick T. Fallon / AFP via Getty Images Nvidia CEO Jensen Huang said he is "perfectl...

5dBusiness InsiderPoliticsImpact

Which states tax Social Security benefits? See the map and tax rates.

Social Security tax rules will change in 2026. Getty Images; Tyler Le/BI Social Security tax rules will change in 2026 at the state and federal level. West Virginia will stop taxing Social Security be...

Dec 26Business InsidereconomicsImpact

Thiel Capital, founded by billionaire Peter Thiel, opens a new office in Miami as California debates a wealth tax

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...

Jan 1Business InsidereconomicsImpact

Looking for a new job this year? Move to one of these 20 cities.

Pittsburgh, Pennsylvania. Sean Pavone/Shutterstock WalletHub released a ranking of the best cities for jobs in the US. The ranking examined both the job market and socioeconomic factors in 182 US citi...

4dBusiness InsidereconomicsImpact

Nearly 300 stores are set to close across the US in 2026. Here's the list.

Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...

Dec 25Business InsidereconomicsImpact

Inside the rise, fall, and resurrection of Toys R Us, the chain that once commanded a quarter of the toy market

Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...

Dec 30Business Insidereconomics

Competition is heating up on Wall Street. Here are 4 things to watch as they report earnings.

Matt Mawson/Getty Images Big US banks will begin reporting fourth-quarter earnings Tuesday, starting with JPMorgan. Dealmaking rebounded in 2025, intensifying competition between firms for transaction...

18hBusiness Insidereconomics

'Big Short' Michael Burry compares Molina to Warren Buffett's Geico, saying he'd acquire the insurer if he had the cash

Michael Burry, the investor of "The Big Short" fame. Astrid Stawiarz/Getty Images Michael Burry touted health insurer Molina as a winning stock pick on his Substack. The "Big Short" in...

Dec 30Business InsidereconomicsImpact

The AI race is causing a memory chip shortage — and that's bad news for the smartphone and PC industries

A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...

Jan 2Business InsiderTechnologyImpact

We heard from over 400 student-loan borrowers. Here's what's on their minds, from repayment to relief.

Over 400 student-loan borrowers shared their repayment and debt relief stories. sengchoy/Getty Images In one month, over 400 student-loan borrowers shared their repayment experiences with Business Ins...

1dBusiness InsidereducationImpact

The iBuypower Y40 Pro GeForce RTX 5080 Gaming PC Drops to $2,110 at Best Buy

You might want to jump on a PC upgrade sooner than later. Prices of prebuilts are expected to go up this year because of the inflated demand for DDR5 RAM and production cuts on Nvidia's graphics cards...

Jan 5IGNTechnology

My grandfather helped me open an investment account for my 21st birthday. He didn't just give me money — he gave me financial literacy.

The author is grateful for the gift her grandfather gave her when she turned 21. Courtesy of Alice Draper For my 21st birthday, my grandfather gave me 21,000 South African rand (about $1,500 USD). How...

4dBusiness InsidereconomicsImpact

Blackstone is acquiring a small, mostly undeveloped resort island near the Great Barrier Reef. Take a look at the stunning destination.

Blackstone is acquiring Hamilton Island, a vacation destination near the Great Barrier Reef. Steve Christo - Corbis/Corbis via Getty Images Blackstone is acquiring Hamilton Island, a resort destinatio...

Dec 29Business InsidereconomicsImpact
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