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JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

Jan 13Business InsidereconomicsImpact

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

Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

Jan 14IGNTechnologyImpact

Verizon-owned Visible is offering outage credits, too

Customers of Visible Wireless, which is owned by Verizon, may be getting a $5 credit toward their next bill in response to a Verizon cell service outage earlier this week. Verizon customers were offer...

5dThe VergeTechnologyImpact

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

Amazon Drops Pokémon TCG: Phantasmal Flames ETBs to Below Market Price, and It's the Best Deal We've Seen Since Launch

Amazon has some certifiably fantastic deals on TCGs right now, and that's including an all-time new best price on the Pokémon TCG: Mega Evolution - Phantasmal Flames Elite Trainer Boxes . It was a hug...

6dIGNlifestyle

Verizon’s wireless network is down for many people nationwide

The first big outage of 2026 is here, as Verizon customers across the US, including several of our phones, complain that service has been spotty or nonexistent since just after noon ET, with phones sw...

Jan 14The VergeTechnologyImpact

'Most challenging situation’ for transatlantic relations as Trump threatens EU with tariffs

EU member states on Monday are exploring countermeasures in response to US President Donald Trump's tariff threats over Greenland, which he has expressed interest in acquiring despite opposition from ...

2dFrance 24PoliticsImpact

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...

17hBusiness InsiderPoliticsImpact

Execs at Davos say AI's biggest problem isn't hype — it's security

AI cybersecurity is a top concern for some execs right now. Donato Fasano/Getty Images Business leaders at the World Economic Forum highlight AI security as a top concern. Executives like Raj Sharma a...

2dBusiness InsiderTechnologyImpact

A16z partner shares 3 things founders should be able to 'materialize' if they want to be successful

Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...

Jan 15Business InsiderTechnologyImpact

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...

2dBusiness InsiderlifestyleImpact

There's a new way to make money from real estate — without ever buying a home

Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...

Jan 14Business Insiderreal_estateImpact

How startups can 'break through the noise' and grab attention, according to a marketer-turned-VC

Lindsay Kaplan is a former marketing executive and cofounder of Chief, a networking company for women. Courtesy of Lindsay Kaplan Attention is a hot commodity in the age of social media overload &mdas...

17hBusiness InsiderTechnologyImpact

The world's 10 richest people in 2016 had a combined net worth of under $600 billion — less than Elon Musk is worth today

Alphabet cofounders Sergey Brin (left) and Larry Page (middle), and Amazon founder Jeff Bezos. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The world's richest people have seen their...

5dBusiness InsidereconomicsImpact

GameStop Says It's Shut Down a Nintendo Switch 2 Trade-in Exploit That Worked as an 'Infinite Money Glitch'

GameStop has said it has shut down a loophole that let its customers rack up store credit by continually trading in then rebuying a Nintendo Switch 2 console. In a statement posted to social media, Ga...

1dIGNeconomicsImpact

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...

5dBusiness InsiderPoliticsImpact

AI is turning Big Tech into a superstar economy

A star that may have ripped apart a planet, according to researchers REUTERS/NASA/Handout A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly Tech Memo n...

4dBusiness InsiderTechnologyImpact

Lego and Pokémon released a $650 collab, and resellers are already vying to get a bite of the market

Lego Pokémon's Venusaur, Charizard, and Blastoise set. The Lego Group Lego released its first-ever Pokémon set this month. The presale allocation sold out quickly, and it's already a popular target fo...

3dBusiness Insiderlifestyle

2026 Is Going to Suck for PC Gaming

It’s been about a year since AMD and Nvidia released the Radeon RX 9070 XT and GeForce RTX 5090 , respectively, and this would usually mean that gaming PC prices would start to normalize a bit. And wh...

Jan 14IGNTechnologyImpact
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