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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

Student-loan forgiveness for public servants is at risk under Trump's plan to ax cheaper monthly payments, Democratic lawmakers say

Sen. Jeff Merkley raised concerns about ending the SAVE student-loan repayment plan. Chip Somodevilla/Getty Images A group of Democratic lawmakers raised concerns with Trump's proposed settlement to e...

2dBusiness InsiderPoliticsImpact

China's top general under investigation in latest military purge

Analysts believe these purges aim to reform the military and ensure loyalty to Chinese leader Xi Jinping. Another commission member, Liu Zhenli, is also under investigation. (Image credit: Ng Han Guan...

4hNPR NewsPoliticsImpact

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

I'm the CEO of a tourist company in Greenland. Trump's interest in the island boosted business, but now some customers are postponing trips.

Casper Frank Møller, CEO and cofounder of Raw Arctic. Raw Arctic Raw Arctic, co-led by Casper Frank Møller, offers a range of adventure tours in Greenland. US interest in Greenland and geopolitical te...

1dBusiness 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

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

7 charts show how the economy looked in Donald Trump's first year of his second presidency

The economy has changed a lot in the first year of Trump's second term. Alex Wong/Getty Images Donald Trump just wrapped up the first year of his second term as president. Business Insider examined ho...

4dBusiness InsiderPoliticsImpact

Hundreds of America's rural hospitals have vanished. Maps show closures by state.

Rural hospital closures limit healthcare for millions of Americans. Thomas Northcut/Getty Images Over `100 rural hospitals have closed since 2005, making it hard for millions to access healthcare. ERs...

5dBusiness InsiderHealthImpact

Bernie Sanders's AI data center pause isn't catching on in Congress yet

"There's enormous issues for our economy and for our democracy that have got to be dealt with," Sanders said. "And I feel we're not ready to do that." Nathan Posner/Anadolu via Getty I...

5dBusiness InsiderPoliticsImpact

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

China's much-hyped radars appear to have been of little help when the US launched its massive air assault against Venezuela

China's JY-27A radar didn't appear to be effective during the US raid on Venezuela. US Air Force Photo Venezuela's Chinese air defense radars weren't game-changing during the US raid to capture Maduro...

Jan 14Business Insiderworld_newsImpact

The US has an Arctic warfare problem: not enough of the right kinds of weapons and tools

The US military's renewed focus on the Arctic is exposing the types of weapons it needs for the region. US Air Force photo by Senior Airman Nicholas Paczkowski The US doesn't have the weapons and tech...

1dBusiness InsiderPoliticsImpact

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

ACA health insurance enrollment dropped by 1.4 million. See which states had the biggest swings.

Millions are at risk of losing health insurance without Affordable Care Act subsidies. The Washington Post/The Washington Post via Getty Images 1.4 million fewer Americans enrolled in ACA marketplace ...

Jan 17Business InsiderHealthImpact

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

Jan 13Business InsiderPoliticsImpact

Vintage photos show American life under Trump's tariff hero, William McKinley

The turn of the century saw a rise in labor movements as industry grew largely unregulated. Bettmann/Getty Images Trump has credited a 19th-century US president for inspiring his aggressive approach t...

2dBusiness InsiderPoliticsImpact
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