Apollo Cuts Risks and Stockpiles Cash for Market Turmoil
📋 Key Facts ✓ Apollo is cutting risks to prepare for market turmoil. ✓ The firm is stockpiling cash reserves for liquidity. ...
Dec 22Financial TimeseconomicsImpact
📋 Key Facts ✓ Apollo is cutting risks to prepare for market turmoil. ✓ The firm is stockpiling cash reserves for liquidity. ...
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...
📋 Key Facts ✓ Paramount amended its WBD bid with a guarantee of Larry Ellison backing. ✓ The bid was not increased on Monday. ...
If you hear the sound of glasses clinking — it may be members of Morgan Stanley's newly announced 2026 class of managing directors, whom the firm named to its highest title on Wednesday. Yoshiyo...
Beyoncé performs during the Renaissance World Tour. Kevin Mazur/WireImage for Parkwood Beyoncé is worth $1 billion, according to Forbes' estimates. Much of her wealth is derived from her valuable musi...
The Amsterdam office of the Boston Consulting Group in 2011. ictor/Getty Images Boston Consulting Group is investing heavily in developing new AI-based tools. Consultants at BCG have built tens of tho...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
📋 Key Facts ✓ The company sold about 4.5 million common shares last week. ✓ The stock sale raised $748 million. ✓ ...
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...
The French government is facing two new no-confidence motions, after the EU gave the go-ahead on January 9 to the huge Mercosur trade pact with South America -- to the dismay of French farmers, who ha...
Student-loan borrowers who receive debt relief in 2026 could face a big tax bill. d3sign/Getty Images A 2021 provision that made student-loan forgiveness tax-free expired on January 1. Borrowers who b...
Thousands of student-loan borrowers are waiting for their income-driven repayment applications to be approved. nirat/Getty Images Over 800,000 student-loan borrowers are waiting for their income-drive...
ANGELA WEISS / AFP via Getty Images Chris Rokos' eponymous fund was up 21%, a person close to the fund told Business Insider. The manager is one of several big-name macro firms that had a strong 2025....
Charles Myers, chairman of Signum Global Advisors, told Business Insider that foreign investment in oil, tourism, and construction will be the "centerpiece" of Venezuela's recovery over the co...
Mehdi Paryavi, CEO of the International Data Center Authority, says overusing AI may make workers look more productive while quietly eroding the confidence and thinking skills their careers depend on....
Investors trading commodities, such as oil, have been in high demand. Jeri Clausing/AP Hedge funds that trade commodities struggled in 2025. Big-name managers with exposure to energy or agriculture tr...
The number of people living in multigenerational households in the US quadrupled between 1971 and 2021, according to Pew Research. Stephen Simpson Inc/Getty Images As the cost of living rises for Amer...
Fed chief Jerome Powell. Li Yuanqing/Xinhua via Getty Images Federal Reserve Chair Jerome Powell announced grand jury subpoenas from the Department of Justice. Powell linked the subpoenas to the Trump...
A strong economy doesn't mean good news for job seekers this time around. Spencer Platt/Getty Images The US economy looks strong, but job growth remains slow — creating a "jobless boom."...
From left: Padi and Neema Raphael, partners at Goldman Sachs. Courtesy of Goldman Sachs Neema and Padi Raphael are siblings — and partners at Goldman Sachs. Neema is the chief data officer; Padi...