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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

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...

4dBusiness Insidereconomics

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...

4dBusiness InsiderPoliticsImpact

Stars and Stripes staff fear the Pentagon is coming for the newspaper — and their jobs

Stars and Stripes newspaper Ullstein bild via Getty Images The military's independent newspaper, Stars and Stripes, is facing new pressure from the Pentagon. Pentagon spokesman Sean Parnell said the o...

3dBusiness InsiderPoliticsImpact

7 charts show how the economy looked in Donald Trump's first year of his second presidency

The economy has changed a lot in the first year of Trump's second term. Alex Wong/Getty Images Donald Trump just wrapped up the first year of his second term as president. Business Insider examined ho...

16hBusiness InsiderPoliticsImpact

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

4dBusiness InsiderPoliticsImpact

Student-loan borrowers behind on payments are getting a major break, the US education secretary says

Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...

4dBusiness 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...

5dBusiness InsiderPoliticsImpact

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...

2dBusiness 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...

6dBusiness Insiderworld_newsImpact

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, ...

2dBusiness InsiderPoliticsImpact

Russian oil firm says it will keep its Venezuela assets after US military operation

Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...

6dBusiness InsiderPoliticsImpact

Sen. Mark Kelly is suing the Pentagon. Legal experts say veterans' rights are at stake.

Sen. Mark Kelly said his lawsuit is about fighting back on the Pentagon's crackdown on speech. Heather Diehl/Getty Images Senator Mark Kelly sued Defense Secretary Pete Hegseth over the Pentagon's spe...

5dBusiness InsiderPoliticsImpact

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...

5dBusiness 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...

6dBusiness InsidereconomicsImpact

Inside the relationship of Vice President JD Vance and second lady Usha Vance, who are expecting their fourth child

Republican vice presidential candidate Sen. JD Vance, R-Ohio, and his wife Usha Vance arrive to speak at a campaign rally, Saturday, July 27, 2024, in St. Cloud, Minn. Alex Brandon/AP JD Vance, Donald...

3hBusiness InsiderPoliticsImpact

China-focused hedge funds surged in 2025. Here's who won big.

Chinese leader Xi Jinping and his ruling party have pushed to stimulate China's economy. Xie Huanchi/Xinhua via Getty Images Hedge funds betting big on China generated strong returns last year. Manage...

2dBusiness InsidereconomicsImpact

America's largest labor movement joins the fight against ICE

ICE officers have made over 2,500 arrests in Minnesota during Operation Metro Surge. Anadolu/Anadolu via Getty Images The AFL-CIO has endorsed a Minnesota economic blackout on January 23 in response t...

3dBusiness InsiderPoliticsImpact

Ukraine burned nearly $100 million in missiles in a single night battling a Russian barrage, Zelenskyy says

Ukrainian forces shoot down a Russian missile over Kyiv on Tuesday. Gleb Garanich/REUTERS Ukraine fired nearly $100 million worth of missiles in a single night defending against Russian strikes. The f...

4hBusiness InsiderPoliticsImpact

Macron says Ukraine now relies on France, instead of the US, for intelligence

French President Emmanuel Macron said his country is now providing Ukraine with "two-thirds" of its intelligence. Philippe Magoni / POOL / AFP via Getty Images Emmanuel Macron said that France...

4dBusiness InsiderPoliticsImpact
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