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Business spending on OpenAI models jumps to a record, new data shows

OpenAI CEO Sam Altman Florian Gaertner/Photothek via Getty Images/Reuters OpenAI leads enterprise AI adoption, far outpacing Anthropic and Google, according to new data. Ramp data shows 46.6% of US bu...

Jan 15Business InsiderTechnologyImpact

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...

5dBusiness InsiderPoliticsImpact

A Czech defense boss has gained more wealth this year than anyone except Elon Musk — and he's only 33

Czechoslovak Group CEO Michal Strnad Piroschka Van De Wouw/Reuters A 33-year-old defense boss has amassed more wealth this year than anyone except Elon Musk. Michal Strnad has gained $22 billion in un...

13hBusiness InsidereconomicsImpact

Coca-Cola's CEO said the company is eyeing a big healthy food trend — and it's not protein

CEO James Quincey said fiber might be the next thing for its drinks. Denis Thaust/SOPA Images/LightRocket via Getty Images Coca-Cola CEO James Quincey said customers might see fiber creep into the com...

5dBusiness Insiderlifestyle

Walmart's head of AI reveals the key difference between its shopping deals with Google Gemini and ChatGPT

AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...

Jan 14Business InsiderTechnology

Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

6dBusiness InsiderPoliticsImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

Jan 14Business InsiderPoliticsImpact

Millionaires ask leaders at Davos to tax the rich

The Swiss resort town of Davos hosts the World Economic Forum each January, bringing together politicians, policymakers, and business executives. Christian Hartmann/Reuters Nearly 400 wealthy individu...

5dBusiness InsiderPoliticsImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....

Jan 13Business InsiderPoliticsImpact

Renaissance, Schonfeld, and Engineers Gate stung in a shaky start for quants in 2026

An Indian broker reacts while trading at a stock brokerage firm in Mumbai, January 22, 2008. Shares from Sydney to London sank for a second day on Tuesday, dragging commodity prices with them and prom...

3dBusiness InsidereconomicsImpact

Ex-Assassin's Creed Boss Suing Ubisoft for CAD $1.3 Million, Alleges His 'Disguised Dismissal' Was to Avoid Severance Pay

Ex-Assassin's Creed boss Marc-Alexis Côté is suing Ubisoft for CAD $1.3 million in lost severance pay and damages following his shock exit from the company last year. Radio Canada broke word of the la...

Jan 19IGNeconomicsImpact

Dell tells staff to get ready for the 'biggest transformation in company history.' Read the memo.

Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...

Jan 13Business InsidereconomicsImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

Jan 18Business InsidereconomicsImpact

Read the memo TikTok's CEO sent staff after closing a deal to avoid a US ban

TikTok's CEO Shou Chew Tom Williams/CQ-Roll Call, Inc via Getty Images TikTok has finalized a deal to keep its business operating in the US. The deal, a US joint venture, involves a new set of investo...

3dBusiness InsiderPoliticsImpact

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

Jan 13Business InsiderPoliticsImpact

FedEx's CEO explains why regular humanoid robots can't get the job done in its warehouses

FedEx CEO Raj Subramaniam said regular humanoid robots aren't sufficient for his warehouses. AP Photo/Eric Risberg FedEx's CEO said regular humanoid robots won't make the cut for work at his warehouse...

Jan 19Business InsiderTechnologyImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

Jan 14Business InsiderTechnologyImpact

Bosses don't think AI is paying off yet, a PwC survey of 4,500 CEOs found

FG Trade/Getty Images CEOs are struggling to turn AI investments into returns, according to a new PwC survey. Having a strong AI foundation is more likely to boost returns, the results showed. But onl...

Jan 19Business InsiderTechnologyImpact

Disney+ Announces First Streaming Bundle Deal of 2026

Disney+ pricing has been a bit all over the place recently. The service raised prices across all of its streaming plans (including Hulu) last October, before offering a pretty solid Cyber Monday deal ...

Jan 14IGNEntertainmentImpact

Google cofounder Larry Page reportedly bought multiple Florida properties ahead of proposed California billionaire tax

Google cofounder Larry Page reportedly purchased property in South Florida. EMMANUEL DUNAND/AFP/GettyImages Google cofounder Larry Page bought property in Florida amid California's proposed billionair...

Jan 16Business Insidereconomics
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