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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. ...

2dBusiness InsidereconomicsImpact

Iran: Activists report more than 2,500 dead after brutal crackdown

Activists report that more than 2,400 people have been killed in Iran’s crackdown on nationwide protests, according to updated figures from the Human Rights Activist News Agency, which says most of th...

2dFrance 24world_newsImpact

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....

3dBusiness InsiderPoliticsImpact

Google cofounder Larry Page reportedly bought multiple Florida properties ahead of proposed California billionaire tax

Google cofounder Larry Page reportedly purchased property in South Florida. EMMANUEL DUNAND/AFP/GettyImages Google cofounder Larry Page bought property in Florida amid California's proposed billionair...

9hBusiness Insidereconomics

How Semafor turned Washington into a profit center

Semafor CEO Justin Smith says his company hosted close to 100 events in 2025. His ambition is to build a Washington, DC-based event that's supposed to rivals the annual Davos gathering in Switzerland....

19hBusiness InsiderPoliticsImpact

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

2dBusiness InsidereconomicsImpact

Macron says Ukraine now relies on France, instead of the US, for intelligence

French President Emmanuel Macron said his country is now providing Ukraine with "two-thirds" of its intelligence. Philippe Magoni / POOL / AFP via Getty Images Emmanuel Macron said that France...

1dBusiness InsiderPoliticsImpact

Trump wants to control Greenland. See inside its sole US military base.

Pituffik Space Base in Greenland. Ritzau Scanpix/Thomas Traasdahl via REUTERS Pituffik Space Base was established in 1951 as part of a defense treaty between the US and Denmark. Base operations includ...

1dBusiness InsiderPoliticsImpact

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...

2dBusiness InsidereconomicsImpact

Russia's 'massive' losses in Ukraine have it heading toward a breaking point, NATO's top official says

A Ukrainian soldier fires a Javelin anti-tank missile. Dmytro Smolienko via Reuters Connect NATO's secretary general said up to 25,000 Russian soldiers are being killed in Ukraine each month. Mark Rut...

2dBusiness Insiderworld_newsImpact

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...

2dBusiness InsiderPoliticsImpact

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...

3dBusiness InsiderPoliticsImpact
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