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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. ...

1dBusiness InsidereconomicsImpact

Iran: Activists report more than 2,500 dead after brutal crackdown

Activists report that more than 2,400 people have been killed in Iran’s crackdown on nationwide protests, according to updated figures from the Human Rights Activist News Agency, which says most of th...

1dFrance 24world_newsImpact

RFK Jr.’s new food pyramid could be a disaster for the environment — if Americans actually follow it

The Trump administration announced last week that it wants Americans to consume more protein, churning out a colorful illustration of an inverted food pyramid that prominently features a big, red stea...

2dThe VergePoliticsImpact

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...

2dThe VergePoliticsImpact

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...

10hBusiness InsiderPoliticsImpact

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...

1dBusiness InsidereconomicsImpact

Russia's 'massive' losses in Ukraine have it heading toward a breaking point, NATO's top official says

A Ukrainian soldier fires a Javelin anti-tank missile. Dmytro Smolienko via Reuters Connect NATO's secretary general said up to 25,000 Russian soldiers are being killed in Ukraine each month. Mark Rut...

1dBusiness Insiderworld_newsImpact

Democratic congressman Ro Khanna wants creators to have their own 'bill of rights'

US House Rep. Ro Khanna. The Washington Post/Getty Images Democratic Rep. Ro Khanna plans to introduce a resolution Thursday called the "Creator Bill of Rights." The progressive congressman is...

17hBusiness InsiderPoliticsImpact

The US expected 'significant resistance' from Venezuela's air defenses, Maduro raid planning memo reveals

The US expected resistance from dozens of Venezuelan air defense systems during the Maduro raid. Miguel J. Rodriguez Carrillo/AFP via Getty Images The US expected "significant resistance" from...

13hBusiness 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...

2dBusiness InsiderPoliticsImpact

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...

9hBusiness InsiderPoliticsImpact

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

I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax. Sam Slater California's proposed wealth tax is sparking debate among billionaires across the stat...

16hBusiness InsiderPoliticsImpact

China's much-hyped radars appear to have been of little help when the US launched its massive air assault against Venezuela

China's JY-27A radar didn't appear to be effective during the US raid on Venezuela. US Air Force Photo Venezuela's Chinese air defense radars weren't game-changing during the US raid to capture Maduro...

1dBusiness Insiderworld_newsImpact

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...

1dBusiness InsiderPoliticsImpact

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...

1dBusiness InsiderPoliticsImpact
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