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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. ...

4dBusiness InsidereconomicsImpact

Trump and Mid-Atlantic governors want tech companies to pay for new power plants

An Amazon Web Services data center in Ashburn, Virginia, US, on Tuesday, Oct. 28, 2025. | Photo: Getty Images The Trump administration and a bipartisan group of governors are pressuring the PJM Interc...

2dThe VergePoliticsImpact

Welcome to the era of the megamanager

Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...

4dBusiness InsidereconomicsImpact

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...

2dBusiness InsiderEntertainmentImpact

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...

2dBusiness InsidereconomicsImpact

Elon Musk wants to dominate the in-flight internet market. Here are all the airlines that now offer Starlink WiFi.

British Airways announced a deal with Starlink in November. Courtesy of British Airways Lufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi. 31 carriers have announced deals for t...

4dBusiness InsiderTechnology

Microsoft, Meta, and Amazon are paying up for ‘enterprise’ access to Wikipedia

Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...

3dThe VergeTechnologyImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

4dBusiness InsidereconomicsImpact

I'm a federal attorney. I've leveraged my White House experience into a side hustle that makes $70,000 annually.

Jennifer Clinchy worked at the White House for nine years. Courtesy of Jennifer Clinchy Jennifer Clinchy is a federal attorney who worked at the White House for 9 years. She started a résumé writing s...

2dBusiness InsidereconomicsImpact

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....

5dBusiness InsiderPoliticsImpact

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

4dBusiness InsidereconomicsImpact

The 10 best states to raise a family

Maskot/Getty Images/Maskot WalletHub , a personal finance company, released its "Best and Worst States to Raise a Family" list. The company compared all 50 states across five categories, inclu...

3dBusiness Insidereconomics

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...

2dBusiness InsiderTechnologyImpact

From humanoid robots to agentic AI, I learned what retail insiders are buzzing about at a major industry conference

I went to NRF 2026. Jordan Hart/Business Insider AI dominated this week's discussions at Retail's Big Show, a leading industry conference. I attended for the first time and saw retail leaders showcase...

4dBusiness InsiderTechnology

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

4dBusiness InsidereconomicsImpact

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 ...

4dBusiness Insidereconomics

I compared Costco shopping carts of Kirkland Signature products and brand names. The price differences surprised me.

Major retailers typically have several in-house brands. Costco just has one: Kirkland Signature. Kevin Carter/Getty Images Costco sells a lot of brand-name goods at a lower unit price than typical ret...

1dBusiness InsidereconomicsImpact

One thing that might get workers to embrace AI? The 4-day workweek.

Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...

4dBusiness InsiderTechnologyImpact

Disney's sluggish stock threatens to dent CEO Bob Iger's legacy

Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...

2dBusiness 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...

2dBusiness InsiderTechnologyImpact
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