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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...

Jan 16Business InsidereconomicsImpact

America's new sink-or-swim era is here

Tyler Le/BI A few years ago, HR practitioner T. Tara Turk-Haynes hired yoga instructors and meditation gurus to help employees handle burnout at the media company where she worked. She's not doing any...

5dBusiness InsidereconomicsImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

6dBusiness InsidereconomicsImpact

Tesla's Cybertruck is falling far short of Elon Musk's ambitious sales targets

Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...

Jan 13Business Insiderautomotive

Pokémon Scalpers List LEGO Pre-Orders on eBay, With Limited Edition Set Selling for Hundreds of Dollars in Profit

Scalpers are already reselling their LEGO Pokémon set pre-orders on eBay, with numerous instances of the limited edition Kanto Region Badge Collection having been sold on for hundreds of dollars in pr...

Jan 13IGNlifestyleImpact

America's homebuilding is powered by immigrant workers. Here are the places that rely on them the most.

The cities building the most homes rely more heavily on immigrant labor. Allen J. Schaben / Los Angeles Times The cities that build and remodel the most homes rely the most heavily on immigrant worker...

6dBusiness Insiderreal_estateImpact

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

Ubisoft Layoffs Continue With 55 Staff at The Division Studio Massive and Ubisoft Stockholm Now Impacted

Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...

Jan 13IGNeconomicsImpact

Why Democrats are gearing up to oppose a bill to curtail stock trading in Congress

"This bill is a scam. It is not a congressional stock trading ban," Rep. Alexandria Ocasio-Cortez told Business Insider. Tom Williams/CQ-Roll Call, Inc via Getty Images A GOP-backed bill to cu...

Jan 17Business InsiderPoliticsImpact

I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.

Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...

Jan 14Business InsidereconomicsImpact

Get ready for an adtech IPO rebound

Consumers are spending more than ever on mobile apps. Anusak Laowilas/NurPhoto via Getty Images The "year of mobile" may finally be upon us. Mobile adtech firm Liftoff filed to go public this ...

6dBusiness InsiderTechnology

Nvidia is staffing up as it draws heightened scrutiny. These are the key leaders it gained and lost last year.

Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executiv...

Jan 15Business InsiderTechnologyImpact

Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

Jan 14Business InsiderTechnology

Young TikTokers are reframing bankruptcy as a financial hack. Experts say it's far more complicated.

More than 533,000 people filed for bankruptcy last year. Boy_Anupong/Getty Images Personal bankruptcy filings are on the rise in the US. Some young people have taken to TikTok, framing their bankruptc...

1hBusiness InsidereconomicsImpact

Martin Luther King Jr. was talking about a universal basic income before it was cool

Martin Luther King Jr. fought for both racial and economic equality. Michael Ochs Archives/Getty Images Martin Luther King Jr. fought for both racial and economic equality during his life. He argued f...

5dBusiness InsidereconomicsImpact

A Google VP explains why ads make sense in AI search but not Gemini — yet

Google VP of global ads, Dan Taylor, said the company is focused on bringing ads to AI Overviews and AI Mode. Google Ads aren't coming to the Gemini AI app anytime soon, according to Google's VP of gl...

Jan 14Business InsiderTechnologyImpact

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...

2hBusiness 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

Some flight attendants at ultra-low-cost carriers make more than United crew. Here's how much they earn.

An Allegiant flight attendant. David Becker/AP Flight attendants at ultra-low-cost carriers earn a base pay of between $22 and $68 per hour. Allegiant cabin crew earn higher base pay than those at Uni...

5dBusiness InsidereconomicsImpact

A fallen billionaire's bulletproof Mercedes sold at bankruptcy auction for $63,000. Here's how it went down.

Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...

Jan 17Business InsidereconomicsImpact
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