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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 ...

1dBusiness InsiderPoliticsImpact

Elon Musk is a surprise addition to the Davos schedule

Elon Musk Nathan Howard/Reuters Elon Musk will be at Davos. Musk is now on the books for a 4:30 p.m. panel on Thursday. He'll be speaking alongside BlackRock CEO Larry Fink. Davos, things just got exc...

13hBusiness InsiderPoliticsImpact

The US claims it just strongarmed Taiwan into spending $250 billion on American chip manufacturing

The US just lowered Taiwan's tariffs in exchange for a massive domestic chipmaking promise, the Commerce Department announced on Thursday . Under the deal, tariffs on goods from Taiwan will decrease f...

6dThe VergePoliticsImpact

WeatherTech founder might be the newest US consumer protection official

President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...

Jan 13The VergePoliticsImpact

Vintage photos show American life under Trump's tariff hero, William McKinley

The turn of the century saw a rise in labor movements as industry grew largely unregulated. Bettmann/Getty Images Trump has credited a 19th-century US president for inspiring his aggressive approach t...

6hBusiness InsiderPoliticsImpact

The US is fast-tracking permits for deep-sea mining

A sample of a polymetallic nodule at the Viridian Biometals lab in Pasadena, California. | Photo: Getty Images The Trump administration took the next step toward unilaterally jumpstarting deep-sea min...

1dThe VergePoliticsImpact

Inside the failed 2020 coup in Venezuela that resulted in the capture of ex-US Special Forces

The recent capture of Venezuelan president Nicolás Maduro by American forces recalls a botched 2020 coup attempt that resulted in the imprisonment of two former US Army Green Berets. Since then, there...

6dBusiness InsiderPoliticsImpact

US planning for the Maduro raid eyed a time when much of the Venezuelan military was expected to be on holiday, memo reveals

The US initially planned its raid into Venezuela at a time when soldiers would be on leave, a newly released memo reveals. AP Photo/Cristian Hernandez US planning for the Maduro raid focused on a time...

Jan 15Business InsiderPoliticsImpact

Amazon’s CEO says tariffs are starting to ‘creep into’ pricing

Amazon CEO Andy Jassy says consumers are starting to see the impact of tariffs less than a year after President Donald Trump implemented sweeping fees on a range of imported goods. During an interview...

2dThe VergeeconomicsImpact

ICE arrested 2 truck drivers heading to a major Meta data center project

President Donald Trump holds an image showing the scale of Meta's new data center under construction in Louisiana. MANDEL NGAN/AFP via Getty Images ICE arrested two drivers on Wednesday near a Meta co...

Jan 15Business InsiderPoliticsImpact

Citadel CEO Ken Griffin says Trump's tariffs have landed the US in a 'pretty unfortunate position'

Ken Griffin, CEO of Citadel. Fabrice COFFRINI / AFP via Getty Images Ken Griffin, CEO of Citadel, gave his two cents on Trump's key economic policies. Tariffs have led to higher inflation and disrupte...

1dBusiness InsiderPoliticsImpact

Russia launches intense missile and drone assault on Ukraine

The mayor of Ukraine’s capital says Kyiv was targeted by overnight drone attacks that sparked a fire in an apartment building, coming just a day after Moscow launched nearly 300 drones along with 18 b...

Jan 14France 24world_newsImpact

One year in, Big Tech has out-maneuvered MAGA populists

Mark Zuckerberg, Lauren Sanchez, Jeff Bezos and Sundar Pichai attend the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. | Kenny Ho...

1dThe VergePoliticsImpact

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

Jan 14Business InsiderPoliticsImpact

China mega-embassy approval further boosts UK relations

The UK approved China’s controversial plan to build a mega-embassy in London, a move that probably paves the way for Keir Starmer to make the first trip to Beijing by a British prime minister since 20...

1dSouth China Morning PostPoliticsImpact

Marine Le Pen's appeal in EU fund embezzlement case opens in Paris

Far-right leader Marine Le Pen, who needs to have a graft conviction overturned to seize her best chance at the French presidency, risks seeing her life's work upended if she loses her appeal. It come...

Jan 13France 24PoliticsImpact

Gov. Gavin Newsom denied entry to a fireside chat at Davos

FILE - In this file photo taken Tuesday April 14, 2020, California Gov. Gavin Newsom discusses an outline for what it will take to lift coronavirus restrictions during a news conference at the Governo...

22hBusiness InsiderPoliticsImpact

Why the White House keeps shitposting

Screens at the White House display AI-modified videos of House Minority Leader Hakeem Jeffries (D-NY) and U.S. Senate Minority Leader Chuck Schumer (D-NY) that were shared on social media by President...

Jan 13The VergePoliticsImpact

Trump is dominating the Davos agenda and casting a chill over the global elite

PALM BEACH, FLORIDA - DECEMBER 20: U.S. President Donald Trump walks off Air Force One at Palm Beach International Airport on December 20, 2025 in Palm Beach, Florida. Trump traveled to his Mar-a-Lago...

2dBusiness InsiderPoliticsImpact

Ask Gavin Newsom: The future of capitalism is on the agenda at Davos

California Gov. Gavin Newsom says he will attend Davos to counter President Donald Trump. Justin Sullivan/Getty Images Business Insider is thinking a lot about the future of capitalism. So, it seems, ...

4dBusiness InsiderPoliticsImpact
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