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New Zealand central bank chief told to ‘stay in her lane’ after backing US Fed’s Powell

New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...

2dSouth China Morning PostPoliticsImpact

Goldman and Morgan Stanley investment bankers ride dealmaking wave

Chief David Solomon says Goldman had largest backlog of deals since pandemic...

18hFinancial Timeseconomics

Citigroup profit slips as expenses rise amid sweeping overhaul

Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade...

1dFinancial Timeseconomics

Tricolor executives plead not guilty to charges stemming from collapse

CEO and chief operating officer of subprime auto lender and retailer stand accused of misleading creditors on collateral...

2dFinancial Timeseconomics

Solomon’s third act at Goldman Sachs may be the most dramatic

Wall St chief wants AI to reshape the bank but the question is how exactly it will measure success...

18hFinancial Timeseconomics

Stablecoin yields create ‘dangerous’ parallel bank system: JPMorgan exec

JPMorgan chief financial officer Jeremy Barnum told investors in an earnings call that stablecoin yields are a “dangerous and undesirable thing.”...

2dCoinTelegraphcryptocurrencyImpact

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...

23hBusiness InsiderTechnologyImpact

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. ...

1dBusiness InsidereconomicsImpact

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

2dBusiness InsidereconomicsImpact

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...

1dBusiness InsiderTechnologyImpact

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...

2dBusiness InsiderTechnology

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

1dBusiness InsidereconomicsImpact

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....

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...

3dBusiness InsiderPoliticsImpact

Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

2dBusiness InsiderTechnology

David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery

David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...

19hBusiness Insidereconomics

BlackRock is now $14 trillion after a record-breaking year. The firm has an ambitious fundraising plan for 2026.

BlackRock CEO Larry Fink has gone all in on private markets Ben Whitley/PA Images via Getty Images BlackRock hit $14 trillion in assets after bringing in close to $700 billion in net inflows in 2025. ...

22hBusiness Insidereconomics

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...

2dBusiness InsidereconomicsImpact

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

2dBusiness InsidereconomicsImpact

Welcome to the era of the megamanager

Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...

2dBusiness InsidereconomicsImpact
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