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Luxury retail giant Saks files for bankruptcy

Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...

Jan 14Business Insidereconomics

Here's where Costco gas savings can pay for your membership the fastest

Costco has been selling gas at bargain prices since 1995. Patrick T. Fallon/AFP via Getty Images Costco sells gas for around $0.20 per gallon, less than what typical fuel stations charge. In many case...

22hBusiness InsidereconomicsImpact

The world's biggest fast-food chain just landed in NYC. We tried Mixue — and the hype is real.

I visited the Mixue location in Midtown Manhattan's Herald Square. Henry Chandonnet/Business Insider Mixue has opened its first American locations: two in New York, and one in Los Angeles. I visited t...

5dBusiness InsiderlifestyleImpact

Xreal sues Viture over AR glasses patent

Xreal is filing against competitor Viture, which also makes AR glasses. You know a gadget category is starting to go mainstream when patent lawsuits start cropping up. Today, Xreal filed a lawsuit in ...

Jan 15The VergeTechnologyImpact

'Bond King' Bill Gross says the record stock rally is at risk of stalling — and tells us what could keep the party going

Bill Gross Mary Hurlbut/Stu News Laguna Bill Gross says the record stock rally needs fresh support to sustain its momentum. "Valuation casts a shadow over markets in 2026," the bond billionair...

1dBusiness InsidereconomicsImpact

Do you trust AI enough to stop saving for retirement?

The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion. ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BI This post originally appeared in the Business In...

Jan 16Business InsiderTechnologyImpact

Goldman Sachs hands David Solomon a $47 million pay package for 2025, surpassing JPMorgan's Jamie Dimon

David Solomon is the CEO of Goldman Sachs. Stefano Guidi/Getty Images Goldman Sachs announced 2025 compensation for CEO David Solomon on Friday. The bank will award him $47 million for 2025, up from $...

1dBusiness InsidereconomicsImpact

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...

5dBusiness Insiderautomotive

Read the memo TikTok's CEO sent staff after closing a deal to avoid a US ban

TikTok's CEO Shou Chew Tom Williams/CQ-Roll Call, Inc via Getty Images TikTok has finalized a deal to keep its business operating in the US. The deal, a US joint venture, involves a new set of investo...

1dBusiness InsiderPoliticsImpact

Citadel CEO Ken Griffin says Trump's tariffs have landed the US in a 'pretty unfortunate position'

Ken Griffin, CEO of Citadel. Fabrice COFFRINI / AFP via Getty Images Ken Griffin, CEO of Citadel, gave his two cents on Trump's key economic policies. Tariffs have led to higher inflation and disrupte...

3dBusiness InsiderPoliticsImpact

BlackRock is now $14 trillion after a record-breaking year. The firm has an ambitious fundraising plan for 2026.

BlackRock CEO Larry Fink has gone all in on private markets Ben Whitley/PA Images via Getty Images BlackRock hit $14 trillion in assets after bringing in close to $700 billion in net inflows in 2025. ...

Jan 15Business Insidereconomics

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

Jan 14Business InsidereconomicsImpact

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

We want to hear how Gen Z's shopping habits are changing. Tell us in this survey.

Young people are increasingly shopping secondhand. NurPhoto/NurPhoto via Getty Images The secondhand fashion and luxury market has surged and is forecast to keep growing in 2026. Gen Z is driving some...

4dBusiness InsiderlifestyleImpact

She was a first-generation college grad. Now, she has $55,000 in student loans and is postponing having kids.

Eryn Bostwick, 37, is delaying having kids because of her student loan debt. Courtesy of Eryn Bostwick Eryn Bostwick, 37, is postponing having kids due to her student-loan debt. As a first-generation ...

5dBusiness InsidersocietyImpact

Deloitte is overhauling job titles for its US workforce — here's why

Deloitte John Wreford/SOPA Images/LightRocket via Getty Images Deloitte is changing job titles for its US employees and introducing a new leader role. Employees will be told their new job title on Jan...

3dBusiness InsidereconomicsImpact

AI tools could make companies less competitive because everyone buys the same brain, think tank CEO says

Companies rushing to adopt the same AI tools risk losing their competitive edge, independence, and long-term resilience, a think tank CEO says. APHOTOGRAFIA/Getty Images The CEO of a digital economy t...

Jan 17Business InsiderTechnologyImpact

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

Get ready for legal tech's merger mania

Sona and Mariam Sulakian. Filevine Legal tech giants like Harvey and Filevine are buying startups to add new features to their software. The consolidation is driven by increased demand for legal softw...

1dBusiness InsiderTechnology

Pokémon TCG: 151 Booster Bundles Are Back in Stock at Amazon and Under Market Price

One of the most popular sets from the Scarlet and Violet era, Pokémon TCG: 151, continues to be immensely popular even now in the Mega Evolution era. Market price on its selection of sealed products r...

1dIGNlifestyle
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