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AI boom adds $500bn to net worth of US tech billionaires in 2025

Elon Musk stays on top as Nvidia’s Jensen Huang powers up the rankings on an AI-fuelled surge in fortunes...

Dec 26Financial TimeseconomicsImpact

Law firms hire record number of City partners as US players expand aggressively

London law firms hired 668 partners in 2025, up 21% on last year...

Dec 25Financial Timeseconomics

The cities where downsizing will save you the most and least

StorageCafe analyzed dozens of big US cities to see how much downsizing would pay off. Getty Images Downsizing homes saves a homeowner about $200,000 over 10 years on average, says StorageCafe. Southe...

1dBusiness Insiderreal_estateImpact

Strategy Inc Boosts Cash to $2.19B, Pauses BTC Buys

📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...

Dec 22Bitcoin MagazinecryptocurrencyImpact

Bankruptcies are exploding across the economy, hitting small businesses and households. Few industries are immune.

US bankruptcies are on the rise. doockie/Getty Images From corporate giants to mom-and-pop shops, bankruptcies are piling up across the US this year. Large corporate bankruptcies have hit their highes...

6dBusiness InsidereconomicsImpact

Australia ‘disappointed’ with China’s 55% beef tariffs, as US$667 million in trade at risk

Australia’s government is “disappointed” with China’s decision to impose new beef import tariffs, with one industry group warning the move could damage trade worth over A$1 billion (US$667 million) be...

1dSouth China Morning PosteconomicsImpact

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

More than 500 stores are set to open across the US in 2026. See our list.

Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...

2dBusiness Insidereconomics

S&P 500 Hits Record Ahead of Christmas Holidays | The Close 12/24/2025

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Schwab Center for Financia...

Dec 24BloombergeconomicsImpact

Seeing Japan's older workers made me wonder how the US could better prepare for an aging economy

Nearly 30% of Japan's population is 65 or older, and many still work. Francesco Riccardo Iacomino/Getty Images Japan has adapted to an aging workforce with government support and job programs. Nearly ...

5dBusiness InsidereconomicsImpact

Erebor Raises $350M at $4B Valuation After FDIC Approval

📋 Key Facts ✓ Erebor raised $350 million in funding. ✓ The startup achieved a valuation over $4 billion. ✓ Fund...

Dec 22The Blockeconomics

Nearly 30,000 Americans have received about $335 million in basic income. Here are 5 takeaways.

Americans have received millions of dollars as part of guaranteed income pilot programs. SimpleImages/Getty Images Basic income pilots have distributed over $335 million in economic relief to American...

1dBusiness InsiderPoliticsImpact

Major food chains are reinventing themselves. We ranked their efforts to see who's winning the Great Restaurant Reset.

Brands including Chili's, Starbucks, and Cracker Barrel have undergone revitalization efforts this year. Getty Images; Tyler Le/BI Many major restaurant chains have been undergoing revitalization and ...

Dec 25Business InsiderlifestyleImpact

$400,000 worth of lobsters bound for Costco locations in the US were stolen in the latest high-profile cargo theft

A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...

4dBusiness InsidercrimeImpact