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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. ...

6dBusiness InsidereconomicsImpact

Trump’s attack on the Fed should galvanise the GOP

The investigation of Jay Powell should be the final straw for Senate Republicans who have avoided criticising the president...

2dFinancial TimesPoliticsImpact

The wealth of the top% reaches a record $52T

Article URL: https://www.cnbc.com/2025/10/03/the-wealth-of-the-top-1percent-reaches-a-record-52-trillion.html Comments URL: https://news.ycombinator.com/item?id=46650807 Points: 9 # Comments: 1...

4dHacker NewseconomicsImpact

The truth behind the 2026 J.P. Morgan Healthcare Conference

Article URL: https://www.owlposting.com/p/the-truth-behind-the-2026-jp-morgan Comments URL: https://news.ycombinator.com/item?id=46605332 Points: 11 # Comments: 1...

Jan 13Hacker NewseconomicsImpact

'One Person Can Perform the Work of 100 People' — Boss of Stellar Blade Developer Says It Needs to Use AI to Compete With Overwhelming Manpower of China and U.S. Studios

Stellar Blade director and CEO of Shift Up Hyung-tae Kim has stated that without the use of AI, developers in smaller nations will struggle to keep up with studios in places like the U.S. and China. A...

Jan 13IGNTechnologyImpact

Are you a consultant? Tell us how you're using AI.

Getty Images; Alyssa Powell/BI AI is transforming consulting firms like McKinsey & Company and Boston Consulting Group. Firms now have dedicated staff members who build and test AI tools. Are you a co...

1hBusiness InsiderTechnologyImpact

I quit my $390K tech job to start my own business. I still question my decision, but this is the first time in years I've woken up excited for life.

Shiyao Tang says she spent 5 months planning her exit from her $390K job. Shiyao Tang Shiyao Tang quit her $390,000 job at DoorDash to build Soir Si, a silk womenswear brand. Tang says she spent 5 mon...

3dBusiness InsiderlifestyleImpact

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

Jan 14Business InsidereconomicsImpact

Execs at Davos say AI's biggest problem isn't hype — it's security

AI cybersecurity is a top concern for some execs right now. Donato Fasano/Getty Images Business leaders at the World Economic Forum highlight AI security as a top concern. Executives like Raj Sharma a...

1dBusiness InsiderTechnologyImpact

EU's 'anti-coercion' trade tool is back on the table as a response to Trump's tariff threats over Greenland. Follow live

Germany has vowed a "united" response from Europe after Donald Trump threatened tariffs on nations that oppose him over Greenland. NATO's Mark Rutte is set for talks with Danish and Greenland official...

2dDeutsche WellePoliticsImpact

Why the Tech World Thinks the American Dream Is Dying

Article URL: https://www.wsj.com/tech/ai/why-the-tech-world-thinks-the-american-dream-is-dying-daf793dc Comments URL: https://news.ycombinator.com/item?id=46668394 Points: 5 # Comments: 3...

2dHacker NewsTechnologyImpact

What the EU-Mercosur deal might mean for the environment

The EU is set to sign a long-awaited trade deal with South America's Mercosur, amid pressure from the US and China. It may offer unexplored opportunities, but critics say the environmental fallout is ...

5dDeutsche WellePoliticsImpact

Nvidia is staffing up as it draws heightened scrutiny. These are the key leaders it gained and lost last year.

Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executiv...

6dBusiness InsiderTechnologyImpact

AI is turning Big Tech into a superstar economy

A star that may have ripped apart a planet, according to researchers REUTERS/NASA/Handout A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly Tech Memo n...

3dBusiness InsiderTechnologyImpact

OpenAI could reportedly run out of cash by mid-2027

Article URL: https://www.tomshardware.com/tech-industry/big-tech/openai-could-reportedly-run-out-of-cash-by-mid-2027-nyt-analyst-paints-grim-picture-after-examining-companys-finances Comments URL: htt...

3dHacker NewsTechnologyImpact

Verizon will pay you $20 following its nationwide outage — here’s how to get it

Verizon is offering customers a $20 account credit following a massive outage that brought down service across the US on Wednesday. In an update on X , Verizon says you'll receive a text message when ...

5dThe VergeTechnologyImpact

From humanoid robots to agentic AI, I learned what retail insiders are buzzing about at a major industry conference

I went to NRF 2026. Jordan Hart/Business Insider AI dominated this week's discussions at Retail's Big Show, a leading industry conference. I attended for the first time and saw retail leaders showcase...

Jan 14Business InsiderTechnology

Meta’s metaverse layoffs apparently include some of its VR studios

Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...

Jan 13The VergeTechnologyImpact

Want a promotion? It might pay to use AI

Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...

5dBusiness InsiderTechnologyImpact

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...

4dBusiness InsiderTechnologyImpact
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