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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...

14hBusiness InsiderPoliticsImpact

'What will Trump and Board of Peace do to empower Palestinian technocratic committee?'

The announcement of the ceasefire's second phase marked a significant step forward but left many questions unanswered. Those include the makeup of a proposed, apolitical governing committee of Palesti...

6dFrance 24PoliticsImpact

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...

Jan 13South China Morning PostPoliticsImpact

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...

Jan 14Business InsidereconomicsImpact

America's largest labor movement joins the fight against ICE

ICE officers have made over 2,500 arrests in Minnesota during Operation Metro Surge. Anadolu/Anadolu via Getty Images The AFL-CIO has endorsed a Minnesota economic blackout on January 23 in response t...

4dBusiness InsiderPoliticsImpact

Millionaires ask leaders at Davos to tax the rich

The Swiss resort town of Davos hosts the World Economic Forum each January, bringing together politicians, policymakers, and business executives. Christian Hartmann/Reuters Nearly 400 wealthy individu...

1dBusiness InsiderPoliticsImpact

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

5dBusiness InsiderPoliticsImpact

ICE arrested 2 truck drivers heading to a major Meta data center project

President Donald Trump holds an image showing the scale of Meta's new data center under construction in Louisiana. MANDEL NGAN/AFP via Getty Images ICE arrested two drivers on Wednesday near a Meta co...

6dBusiness InsiderPoliticsImpact

One year in, Big Tech has out-maneuvered MAGA populists

Mark Zuckerberg, Lauren Sanchez, Jeff Bezos and Sundar Pichai attend the inauguration of U.S. President-elect Donald Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. | Kenny Ho...

1dThe VergePoliticsImpact

Taiwan and the US launch joint production of 155mm artillery shells amid blockade fears

Taiwan has begun co-producing 155mm (6.1-inch) artillery shells with the US, as the island moves to strengthen wartime ammunition resilience amid Beijing’s escalating military pressure and concern ove...

Jan 13South China Morning PostPoliticsImpact

China-focused hedge funds surged in 2025. Here's who won big.

Chinese leader Xi Jinping and his ruling party have pushed to stimulate China's economy. Xie Huanchi/Xinhua via Getty Images Hedge funds betting big on China generated strong returns last year. Manage...

3dBusiness InsidereconomicsImpact

'Victims of a slaughter: Iranian people have been rising up for decades against the Islamic regime'

Mark Owen welcomes Aida Tavakoli, co-founder of We Are Iranian Students, who offers a window into the humanitarian crisis unfolding in Iran under a blanket of state-imposed darkness. Her voice, urgent...

5dFrance 24PoliticsImpact

Corsican separatist's assassination sparks shock on French island

PRESS REVIEW – Tuesday, January 13: A Corsican separatist leader is gunned down while attending his mother's funeral. Also, a famous Italian anti-mafia writer pens an opinion piece, questioning the Co...

Jan 13France 24PoliticsImpact

Trump's hugely anticipated Davos speech looks set for a delay after Air Force One had to turn around

Trump is traveling to Switzerland on a Boeing C-32A, pictured on Tuesday night, instead of his usual Air Force One. Chip Somodevilla/Getty Images Air Force One returned to Joint Base Andrews after a &...

22hBusiness 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...

Jan 14Business 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'...

1dBusiness 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...

5dBusiness Insidereconomics

Photos show how Air Force One has changed through the years

Air Force One Rebecca Blackwell/AP Any Air Force plane carrying a US president is called Air Force One. President John F. Kennedy was the first to use a jet designed specifically for a US president. P...

18hBusiness InsiderPoliticsImpact
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