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Goldman Sachs hands David Solomon a $47 million pay package for 2025, surpassing JPMorgan's Jamie Dimon

David Solomon is the CEO of Goldman Sachs. Stefano Guidi/Getty Images Goldman Sachs announced 2025 compensation for CEO David Solomon on Friday. The bank will award him $47 million for 2025, up from $...

1dBusiness InsidereconomicsImpact

Ads are coming to ChatGPT

OpenAI shared an example of an ad in ChatGPT. OpenAI OpenAI is officially preparing to test ads in ChatGPT. The move comes as the AI company looks to increase revenue amid $1.4 trillion in spending co...

Jan 16Business InsiderTechnologyImpact

Amazon expected to cut thousands more corporate jobs soon

Amazon CEO Andy Jassy Michael M. Santiago/Getty Images Amazon plans to lay off thousands of corporate employees in coming days. This second major round of Amazon layoffs since October would bring the ...

2dBusiness InsidereconomicsImpact

Citi CFO says a credit card cap would have a 'deleterious' impact on the economy

Citi reported fourth-quarter earnings on Thursday. Mike Kemp/In Pictures via Getty Images Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. ...

Jan 14Business InsidereconomicsImpact

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

Jan 13Business InsiderTechnologyImpact

A16z partner shares 3 things founders should be able to 'materialize' if they want to be successful

Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...

Jan 15Business InsiderTechnologyImpact

We want to hear how Gen Z's shopping habits are changing. Tell us in this survey.

Young people are increasingly shopping secondhand. NurPhoto/NurPhoto via Getty Images The secondhand fashion and luxury market has surged and is forecast to keep growing in 2026. Gen Z is driving some...

5dBusiness InsiderlifestyleImpact

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

Jan 16Business InsiderPoliticsImpact

Student-loan borrowers behind on payments are getting a major break, the US education secretary says

Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...

Jan 16Business InsiderPoliticsImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

Jan 14Business InsidereconomicsImpact

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

Jan 13Business InsidereconomicsImpact

The US ended 2025 with steady but elevated inflation in December

The Bureau of Labor Statistics published the December consumer price index data. Myung J. Chun/Los Angeles Times via Getty Images The inflation rate remained at 2.7% in December, matching expectations...

Jan 13Business InsidereconomicsImpact

Capitalism as we know it is having an identity crisis — and you're caught in the middle

Getty Images; Tyler Le/BI From Davos to Washington to America's high school classrooms, people are questioning the foundations of our economic system — and we at Business Insider are tracking wh...

3dBusiness InsidereconomicsImpact

Shopify's CEO says companies that hire founders often make a big mistake: Don't 'put them in like founder day care'

Shopify CEO says companies often undervalue founders and put them in a corner. Kevin Dietsch/Getty Images Shopify CEO Tobi Lütke said companies undervalue founders' experience and leadership. Lütke sa...

6dBusiness InsiderTechnologyImpact

Meta is closing its VR workplace app amid Reality Labs layoffs

Meta has made the decision to discontinue Workrooms as a standalone app Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is switching off Horizon Workrooms as a stand-alone...

Jan 16Business InsiderTechnologyImpact

Wall Streeters reveal their favorite AI tools and what they use them for

ANGELA WEISS / AFP via Getty Images Wall Street professionals say AI chatbots are not ready to replace core finance work. Finance leaders use AI for tasks such as summarizing books and presentations a...

3dBusiness InsiderTechnologyImpact

Student-loan forgiveness for public servants is at risk under Trump's plan to ax cheaper monthly payments, Democratic lawmakers say

Sen. Jeff Merkley raised concerns about ending the SAVE student-loan repayment plan. Chip Somodevilla/Getty Images A group of Democratic lawmakers raised concerns with Trump's proposed settlement to e...

3dBusiness InsiderPoliticsImpact

Trump is dominating the Davos agenda and casting a chill over the global elite

PALM BEACH, FLORIDA - DECEMBER 20: U.S. President Donald Trump walks off Air Force One at Palm Beach International Airport on December 20, 2025 in Palm Beach, Florida. Trump traveled to his Mar-a-Lago...

4dBusiness InsiderPoliticsImpact

Trust AI enough to bet your retirement? You said, 'No thanks'

Elon Musk suggested letting AI run your 401 (k). Our readers weren't on board. AndreyPopov/Getty Images Elon Musk said this month that the AI revolution will make saving for retirement "irrelevant...

5dBusiness InsiderTechnologyImpact

Ask Gavin Newsom: The future of capitalism is on the agenda at Davos

California Gov. Gavin Newsom says he will attend Davos to counter President Donald Trump. Justin Sullivan/Getty Images Business Insider is thinking a lot about the future of capitalism. So, it seems, ...

Jan 18Business InsiderPoliticsImpact
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