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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 ...

6dBusiness InsiderPoliticsImpact

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...

Jan 20South China Morning PostPoliticsImpact

How Jane Fraser's 'star recruits' are helping Citi push ahead

Jane Fraser is the CEO of Citi. PATRICK T. FALLON/AFP via Getty Images Citi is on the attack as CEO Jane Fraser lays out high expectations for 2026. Fraser says Citi has put the dog days of its turnar...

3dBusiness Insidereconomics

Trump sues JPMorgan in Florida court for $5B over debanking claims: Report

The lawsuit was filed days after the president threatened on social media to sue the banking giant for debanking him weeks after his supporters attacked the US Capitol in 2021....

5dCoinTelegraphPoliticsImpact

A Skadden veteran's uneasy take on smarter machines

Philip Vukelich for BI Three years out of law school , in 1990, David Goldschmidt landed the kind of assignment most young corporate lawyers only dream of: taking a company public. When a senior partn...

1dBusiness InsidereconomicsImpact

Trump "does not appear to give regard to US softpower" as he addresses economic leaders

US President Donald Trump gave a long-awaited speech at the World Economic Forum in Davos on the US economy, while addressing Greenland, NATO and lambasting US allies. He said he does not want to use ...

6dFrance 24PoliticsImpact

5 acquisitions, winning over skeptical engineers, and spending tens of millions: Inside a public company's 'AI native' push

Amplitude has sent 'tens of billions' on its AI transformation. Amplitude Amplitude gave Business Insider an inside look at its AI overhaul, from acquisitions to employee upskilling. CEO Spenser Skate...

2dBusiness InsiderTechnology

I left my job to run the family business. We generated $255 million in revenue last year, but I don't want my daughters to take over.

David Heacock left his job to run the family business. Courtesy of David Heacock David Heacock's grandfather founded a machinery business in Alabama. His dad told him not to work in the family busines...

4dBusiness InsidereconomicsImpact

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...

Jan 20The VergeeconomicsImpact

Spotify is hiking prices again

Plans are increasing by $1-$2 per month. The price of Spotify Premium is about to jump again in the US , marking its third price hike since 2023. Spotify announced that subscribers in the US, Estonia,...

Jan 15The VergeeconomicsImpact

Business leaders react to Trump's Davos speech

US President Donald Trump delivers a speech during the World Economic Forum annual meeting in Davos Fabrice COFFRINI / AFP via Getty Images President Donald Trump gave his 70-minute-long speech in Dav...

6dBusiness InsiderPoliticsImpact

I'm a designer, and Saks was my biggest customer. Now it owes me six figures, and I'm fighting to keep my business viable.

Fisayo Che, the founder of fashion brand Elisamama, counted on Saks for more than half of her business. The company's bankruptcy has left her questioning a yearslong partnership. Courtesy of Fisayo Ch...

5dBusiness InsidereconomicsImpact

Shopify's CEO says companies that hire founders often make a big mistake: Don't 'put them in like founder day care'

Shopify CEO says companies often undervalue founders and put them in a corner. Kevin Dietsch/Getty Images Shopify CEO Tobi Lütke said companies undervalue founders' experience and leadership. Lütke sa...

Jan 19Business InsiderTechnologyImpact

I'm a Princeton-educated engineer, but I left the corporate world to pursue a better work-life balance. Doing so helped me become a millionaire by 30.

Luisa Zhou's parents taught her the importance of working hard. Courtesy of Luisa Zhou Luisa Zhou's immigrant parents taught her to work hard and seek security. She ran out of paid time off after help...

Jan 19Business InsiderlifestyleImpact

Warhammer Maker Games Workshop Bans Its Staff From Using AI in Its Content or Designs, Says None of Its Senior Managers Are Currently Excited About the Tech

Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...

Jan 13IGNTechnologyImpact

Netflix CEO Ted Sarandos tries to solve his movie problem

Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune. Rich Polk/2026GG/Penske Media via Getty Images Netfl...

Jan 16Business InsiderEntertainmentImpact

Warren Buffett warned debt can ruin your life — and praised his dad's parenting when he was 'behaving like a jerk'

Warren Buffett built his fortune through long-term investing at his firm, Berkshire Hathaway. Johannes EISELE / AFP via Getty Images Warren Buffett warned about the dangers of debt in his last TV inte...

2dBusiness InsidereconomicsImpact

8 Americans explain how capitalism has shaped — and failed — their lives

Thomas Simonetti, Mustafa Hussain, Roger Kisby, Jesse Barber for BI Business Insider launched the Future of Capitalism series to examine shifting attitudes about capitalism, fairness, opportunity, har...

1dBusiness InsidereconomicsImpact

Palmer Luckey says Meta's VR layoffs aren't a 'disaster' — and fix a problem critics aren't talking about

Palmer Luckey says Meta's VR layoffs cut bloated in-house game studios that were quietly undermining the industry's ecosystem. David Fitzgerald/Sportsfile via Getty Images Oculus founder Palmer Luckey...

Jan 19Business InsiderTechnologyImpact

Jeremy Grantham Says AI Is Indeed a Classic Market Bubble

For more than four decades, Jeremy Grantham has been one of the most contrarian voices in global investing. The co-founder of Boston-based asset manager GMO, he built his reputation warning about bubb...

Jan 19BloombergeconomicsImpact
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