Powell says the Fed received DOJ subpoenas
Chip Somodevilla/Getty Images, Anna Moneymaker/Getty Images Federal Reserve Chair Jerome Powell said the US central bank was served grand jury subpoenas on Friday from the Department of Justice that t...
Chip Somodevilla/Getty Images, Anna Moneymaker/Getty Images Federal Reserve Chair Jerome Powell said the US central bank was served grand jury subpoenas on Friday from the Department of Justice that t...
Klarna CEO Sebastian Siemiatkowski said President Donald Trump's plan to cap credit card interest rates for a year makes sense. Spencer Platt/Getty Images Klarna's CEO backs Trump's one-year plan to c...
Rep. Ritchie Torres Alex Wong/Getty Images A Polymarket user made over $400,000 off a well-timed bet on Nicolás Maduro's political future. The bet was made just one day before US forces captured the V...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images This post originally appeared in the BI Today newsletter. You ...
The American economy is tipping away from low-wage workers once again. PATRICK T. FALLON/AFP via Getty Images The K-shaped economy has returned, with gaps widening between high and low-income American...
Getty Images; Tyler Le/BI Business Insider is exploring the future of capitalism as American confidence in the system erodes. High school teachers are finding new ways to engage students in an increas...
Garry Tan is a top seed investor. Courtesy Y Combinator founders seized the AI boom in 2025, with increasingly younger teams securing millions in seed funding. Founders launched companies ranging from...
Russian President Vladimir Putin took questions on the war and the economy during his annual televised phone-in event. Contributor/Getty Images Most Russians expect the war with Ukraine to end in 2026...
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...
Chevron, the only US oil major still operating in Venezuela, counts Berkshire Hathaway as a key shareholder. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images The Trump administra...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
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...
Palmer Luckey, Ro Khanna, and David Sacks have all posted on X about the wealth tax. Chip Somodevilla/Getty Images; Tom Williams/CQ-Roll Call, Inc via Getty Images; PATRICK T. FALLON/AFP via Getty Ima...
Google cofounder Larry Page has cut his ties to California Justin Sullivan/Getty Images Google cofounder Larry Page is cutting ties with California. A source said Page had already left the state. He h...
White House AI and crypto czar David O. Sacks speaks with President Donald J Trump before he signs an executive order about pediatric cancer research and artificial intelligence, in the Oval Office at...
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....
Since launching last June, the Switch 2 has given players new games from Nintendo franchises (such as Mario Kart World and Kirby Air Riders), as well as ports of games from other consoles, such as Fin...
Workers in six more states will see their minimum wages hit $15. Jeffrey Greenberg/Universal Images Group via Getty Images Nineteen states will raise their minimum wages in January, affecting over 8 m...
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...
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."...