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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...

3dBusiness InsiderPoliticsImpact

Embrace the Fomo, wear sensible shoes and never take a cab: FT writers share their Davos tips

Attendees say navigating the elite networking event is not without obstacles...

6dFinancial TimeseconomicsImpact

Economic confrontation biggest threat to global stability in 2026, World Economic Forum report says

Geoeconomic confrontation — ranging from sanctions to tariffs — is the top threat, found the World Economic Forum (WEF)'s Global Risks Report on the eve of its annual meeting gathering the world's bus...

Jan 14EuronewseconomicsImpact

Take a look at the fanciest private jets and government aircraft that took the rich and powerful to Davos

Private jets and other VIP aircraft at Zurich Dübendorf Airport on Tuesday. ENNIO LEANZA / AFP Some of the world's fanciest aircraft descended on Switzerland this week. Business Insider tracked some o...

16hBusiness InsidereconomicsImpact

Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

4dBusiness InsiderPoliticsImpact

EU "bazooka" instrument could "hurt the US economy" in critical midterm year

US President Donald Trump addressed economic leaders in the World Economic Forum in Davos, Switzerland, on January 21, before answering questions. He addressed Greenland, Iran, NATO and the US economy...

3dFrance 24PoliticsImpact

Trump "does not appear to give regard to US softpower" as he addresses economic leaders

US President Donald Trump gave a long-awaited speech at the World Economic Forum in Davos on the US economy, while addressing Greenland, NATO and lambasting US allies. He said he does not want to use ...

3dFrance 24PoliticsImpact

Fmr. US House Speaker Paul Ryan on Populism, Tariff Uncertainty

Teneo Vice Chairman & Former Speaker of the House Paul Ryan speaks about the kind of populism seen in President Donald Trump's administration, his hopes the US Supreme Court will rule against some of ...

4dBloombergPoliticsImpact

Capitalism as we know it is having an identity crisis — and you're caught in the middle

Getty Images; Tyler Le/BI From Davos to Washington to America's high school classrooms, people are questioning the foundations of our economic system — and we at Business Insider are tracking wh...

2dBusiness InsidereconomicsImpact

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 ...

3dBusiness InsiderPoliticsImpact

WeatherTech founder might be the newest US consumer protection official

President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...

Jan 13The VergePoliticsImpact

The end of the Sony era in TVs

There aren't many tech companies that can claim Sony's level of influence in how we live our lives. From the Walkman to the PlayStation to the Trinitron, Sony has been making excellent gadgets in mult...

1dThe VergeTechnology

From potential Treasury Secretary to a $5 billion lawsuit: Trump and Jamie Dimon's on-again, off-again relationship

A composite image of Jamie Dimon (left) and Donald Trump (right). Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images JPMorgan CEO Jamie Dimon and Donald Trump hav...

1dBusiness InsiderPoliticsImpact

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...

Jan 14Business InsiderTechnology

LinkedIn cofounder Reid Hoffman says companies are approaching AI the wrong way

LinkedIn cofounder Reid Hoffman Dominik Bindl/Getty Images LinkedIn cofounder Reid Hoffman says most companies are thinking about AI adoption the wrong way. Instead of focusing on pilot projects, he s...

2dBusiness InsiderTechnologyImpact

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

EV companies have one big problem — countries that can't keep their policy straight, says top BYD exec

A top BYD executive says countries are slowing the EV transition by changing policy too often. Asad/Xinhua via Getty Images Policy changes are slowing the global EV transition, a top BYD exec says. Co...

4dBusiness InsiderautomotiveImpact

I left my job to run the family business. We generated $255 million in revenue last year, but I don't want my daughters to take over.

David Heacock left his job to run the family business. Courtesy of David Heacock David Heacock's grandfather founded a machinery business in Alabama. His dad told him not to work in the family busines...

1dBusiness InsidereconomicsImpact

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

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
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