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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 ...

4dBusiness InsiderPoliticsImpact

10 new EVs priced below $50,000 that launch this year

Several lower-cost EVs are coming to the states in 2026. It could help save electric cars from their worst quality: premium luxury prices. Josh Lefkowitz/Getty Images The EV industry has some problems...

6dBusiness Insiderautomotive

‘No reliable evidence’ Taipan bakery chain can settle debts: Hong Kong judge

A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent o...

4dSouth China Morning Posteconomics

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...

Jan 15Business InsiderPoliticsImpact

Delta is buying Boeing 787s for the first time. Here's why United and American may feel the pressure.

Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...

Jan 13Business InsidereconomicsImpact

A leading European AI startup says its edge over Silicon Valley isn't better tech — it's not being American

Mistral CEO Arthur Mensch says its edge over Silicon Valley isn't smarter models, but being a European alternative built for control, sovereignty, and trust. LUDOVIC MARIN/POOL/AFP via Getty Images Ar...

Jan 16Business InsiderTechnologyImpact

YouTube is reaching a 'tipping point' in convincing advertisers it really is TV

Mr Beast and Rob Gronkowski attended YouTube's 2025 Brandcast event, where it pitched an audience of ad buyers in New York City. Michael Loccisano/Getty Images YouTube's pitch for TV advertising budge...

6dBusiness InsiderTechnology

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...

3dBusiness InsiderPoliticsImpact

Microsoft is closing its employee library and cutting back on subscriptions

Microsoft’s headquarters in Redmond, Washington. | Image: Getty Images Microsoft's library of books is so heavy that it once caused a campus building to sink, according to an unproven legend among emp...

Jan 15The VergeTechnologyImpact

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

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

Jan 13Business InsiderTechnologyImpact

Inside Amazon's 'mind-blowing' plan to fix groceries and beat Walmart

Getty Images; Alyssa Powell/BI Amazon is playing catch-up to Walmart in groceries. Some of Amazon's new ideas mirror Walmart's strategies. Amazon plans to double down on its sub-same-day grocery deliv...

5dBusiness Insidereconomics

DoorDash salaries revealed: Here's how much the delivery giant pays data scientists, software engineers, and others

DoorDash's H1B visa data for 2025 spans roles from data science to managers overseeing new verticals for the delivery service. Chelsea Guglielmino/Getty Images DoorDash wants to expand its delivery bu...

5dBusiness Insidereconomics

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

Jan 13Business InsidereconomicsImpact

I founded a wellness startup after leaving McKinsey. Hustle culture is a liability, not an asset.

Cesar Carvalho worked at McKinsey from 2010 to 2012. Pascal Perich/© Pascal Perich Cesar Carvalho left a consulting job at McKinsey to launch Wellhub, a wellness startup. 14 years later, Wellhub is ch...

Jan 18Business InsiderTechnologyImpact

Ubisoft Cancels 6 Projects Including Prince of Persia: Sands of Time Remake, Closes 2 Studios and Confirms Further Layoffs in Major Company Restructure

Ubisoft has announced a sweeping company restructure that will result in the cancelation of six games including its Prince of Persia: Sands of Time remake, and a delay to a further seven titles. Two U...

4dIGNeconomicsImpact

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...

1dBusiness Insidereconomics

Is this the end of Epic and Google’s feud?

Today, I am sitting in the courtroom that may decide the fate of Android. Epic CEO Tim Sweeney is here. Google Android boss Sameer Samat is here. Together, they'll try to convince Judge James Donato t...

3dThe VergeTechnologyImpact

Netflix earned $1.5 billion from ads in 2025

Netflix's advertising business more than doubled its advertising revenue to $1.5 billion from 2024 to 2025 - and it's on track to keep growing. "We expect that [advertising] business to roughly double...

4dThe VergeeconomicsImpact

OpenAI releases a cheaper ChatGPT subscription

OpenAI is expanding a low-cost subscription tier called ChatGPT Go to the US and the rest of the world. Go was released in India in August and later became available in another 170 countries prior to ...

Jan 16The VergeTechnologyImpact
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