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The US military's drone-defense confusion is leaving its bases vulnerable, Pentagon watchdog finds

A US Army solider trains with a counter-UAS weapon known as a "Drone Buster," at Fort Irwin, California., Oct. 31, 2024. Sgt. Quincy Adams/US Army A new watchdog report says unclear counter-dr...

1dBusiness InsiderPoliticsImpact

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 ...

5dBusiness 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...

Jan 14Business InsiderPoliticsImpact

Wall Street hits back at Trump’s plan to limit interest on credit cards

Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...

Jan 14Financial TimesPoliticsImpact

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...

Jan 14Business InsidereconomicsImpact

Trump moves on the Fed, Italy warns ‘fin-fluencers’: Global Express

US President Donald Trump is bringing criminal charges against the head of the Fed in what many see as a political move motivated by a desire for lower interest rates....

Jan 16CoinTelegraphPoliticsImpact

Iran closes airspace to commercial flights for hours as tensions with US remain high over protests

The airspace closure came as some personnel at a key US military base in Qatar were advised to evacuate, including the embassy in Kuwait, which also ordered its personnel to “temporarily halt” going t...

Jan 15EuronewsPolitics

Trump hopes to chart course for Greenland to join the US as he head for Davos

Trump is arriving for the World Economic Forum at Davos on the heels of threatening tariffs on Denmark and seven other allies unless they negotiate a transfer of the semi-autonomous territory — a conc...

5dFrance 24PoliticsImpact

Bessent meets China’s He Lifeng in Davos, praises trade progress on soybeans, rare earths

US Treasury Secretary Scott Bessent said he met with his Chinese counterpart, Vice-Premier He Lifeng, on Monday on the sidelines of the World Economic Forum in Davos. The two men have been the primary...

6dSouth China Morning PostPoliticsImpact

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

Capitalism as we know it is having an identity crisis — and you're caught in the middle

Getty Images; Tyler Le/BI From Davos to Washington to America's high school classrooms, people are questioning the foundations of our economic system — and we at Business Insider are tracking wh...

4dBusiness InsidereconomicsImpact

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...

Jan 12Decryptcryptocurrency

The Supreme Court is about to weigh in on the Fed's independence in a case that goes beyond Jerome Powell

Chip Somodevilla/Getty Images; SAUL LOEB/Getty Images; Tom Williams/Getty Images; Tyler Le/BI The Supreme Court is set to hear arguments over whether Trump can fire Fed board member Lisa Cook. The ora...

Jan 19Business InsiderPoliticsImpact

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. ...

Jan 14Business InsidereconomicsImpact

Photos of Melania Trump's Slovenia hometown show her humble beginnings

Melania Trump grew up in Sevnica, Slovenia. Chip Somodevilla/Getty Images ; Jure Makovec/AFP via Getty Images Melania Trump grew up in Sevnica, Slovenia, a small town of around 17,670 people. Her fath...

17mBusiness InsiderPoliticsImpact

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....

Jan 13Business 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...

Jan 13Business 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...

Jan 17Business InsiderPoliticsImpact

A NATO fighter wing showed up for front-line air patrols with drone defenses for the first time

A Spanish EF-18 on the tarmac before takeoff at Šiauliai. Some elements of the image have been obscured for security reasons at the request of the Spanish Air Force. Jake Epstein/Business Insider Spai...

2dBusiness Insiderworld_newsImpact

America's homebuilding is powered by immigrant workers. Here are the places that rely on them the most.

The cities building the most homes rely more heavily on immigrant labor. Allen J. Schaben / Los Angeles Times The cities that build and remodel the most homes rely the most heavily on immigrant worker...

Jan 18Business Insiderreal_estateImpact
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