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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...

1dBusiness InsiderPoliticsImpact

Is India fuelling an arms race in Asia or closing a deterrence gap?

In 2025, India approved a number of major defence packages, together worth US$30 billion. Such rapid procurement approvals are relatively rare by Indian standards. However, what they signal to the reg...

2dSouth China Morning PostPoliticsImpact

Hong Kong’s John Lee to open new Legco’s first meeting with Tai Po fire on agenda

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading...

2dSouth China Morning PostPoliticsImpact

South Korean prosecutors demand death penalty for Yoon Suk-yeol over martial law

A Seoul court says an independent counsel has demanded a death sentence for former South Korean President Yoon Suk-yeol on rebellion charges in connection with his imposition of martial law in Decembe...

2dSouth China Morning PostPoliticsImpact

BBC moves to dismiss Trump’s US$10 billion lawsuit over Capitol riot documentary

The BBC intends to ask a US federal court in Florida to dismiss a US$10 billion lawsuit brought by US President Donald Trump against the British broadcaster, according to newly filed court documents. ...

2dSouth China Morning PostPolitics

The US claims it just strongarmed Taiwan into spending $250 billion on American chip manufacturing

The US just lowered Taiwan's tariffs in exchange for a massive domestic chipmaking promise, the Commerce Department announced on Thursday . Under the deal, tariffs on goods from Taiwan will decrease f...

12hThe VergePoliticsImpact

Democratic congressman Ro Khanna wants creators to have their own 'bill of rights'

US House Rep. Ro Khanna. The Washington Post/Getty Images Democratic Rep. Ro Khanna plans to introduce a resolution Thursday called the "Creator Bill of Rights." The progressive congressman is...

23hBusiness InsiderPoliticsImpact

Democrats push FTC to investigate Trump Mobile

Elizabeth Warren and other Democrat lawmakers have written an open letter to the Federal Trade Commission (FTC) asking for an investigation into alleged "false advertising and deceptive practices" fro...

15hThe VergePoliticsImpact

UK digital ID plans will no longer be mandatory

The United Kingdom has walked back plans to make its upcoming digital ID scheme a mandatory requirement for working adults. While the UK government remains "committed to mandatory digital right-to-wor...

1dThe VergePoliticsImpact

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...

1dFrance 24world_newsImpact

RFK Jr.’s new food pyramid could be a disaster for the environment — if Americans actually follow it

The Trump administration announced last week that it wants Americans to consume more protein, churning out a colorful illustration of an inverted food pyramid that prominently features a big, red stea...

2dThe VergePoliticsImpact

I pay the millionaire's tax in Massachusetts. I've thought about moving my family away, but I'm staying for my kids.

Sam Slater says he wants to raise his children in Massachusetts, despite paying the millionaire's tax. Sam Slater California's proposed wealth tax is sparking debate among billionaires across the stat...

23hBusiness 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...

1dBusiness 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...

4hBusiness 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...

2dBusiness InsiderPoliticsImpact

A South Korean court sentences Yoon to 5 years in prison on charges related to martial law decree

A South Korean court has sentenced former President Yoon Suk Yeol to five years in prison, the first verdict in eight criminal trials for allegations that include his 2024 martial law decree. (Image c...

23mNPR NewsPolitics

US planning for the Maduro raid eyed a time when much of the Venezuelan military was expected to be on holiday, memo reveals

The US initially planned its raid into Venezuela at a time when soldiers would be on leave, a newly released memo reveals. AP Photo/Cristian Hernandez US planning for the Maduro raid focused on a time...

17hBusiness InsiderPoliticsImpact

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...

1dBusiness Insiderworld_newsImpact

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...

1dBusiness 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....

2dBusiness InsiderPoliticsImpact
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