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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

Indonesia hails ‘99.9% successful’ free meals scheme amid food safety, oversight concerns

Indonesia’s ambitious free nutritious meals programme has fed more than 55 million people in its first year, a scale-up President Prabowo Subianto has hailed as a major step in tackling childhood maln...

2dSouth China Morning PostPoliticsImpact

Syria: The man behind the mission to heal decade-old wounds in the Sunni majority

Since Bashar al-Assad was toppled in December 2024, one of the huge challenges the new government has faced is that of division. Syrian society is made up of different sectarian and ethnic groups -- t...

15hFrance 24Politics

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...

1dBusiness Insiderworld_newsImpact

Why the White House keeps shitposting

Screens at the White House display AI-modified videos of House Minority Leader Hakeem Jeffries (D-NY) and U.S. Senate Minority Leader Chuck Schumer (D-NY) that were shared on social media by President...

2dThe VergePoliticsImpact

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...

2hBusiness 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

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...

15hBusiness InsiderPoliticsImpact

JD Vance, Rubio to meet Greenland officials

The Danish and Greenlandic foreign ministers are set to visit the White House on Wednesday in a high-stakes effort to ease tensions over Greenland, after President Donald Trump said the territory “nee...

1dFrance 24PoliticsImpact

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...

18hBusiness InsiderPoliticsImpact

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...

10hThe VergePoliticsImpact

US sanctions Iranian officials accused of repressing protests against the government

The Treasury announcement comes a day after Trump that he’d been told "on good authority" that plans for executions in Iran have stopped....

15hEuronewsPoliticsImpact

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

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...

13hThe VergePoliticsImpact

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

NATO at a 'crossroads': Does the IGO military alliance need to 'reinvent' itself?

Emmanuel Macron is convening an ⁠emergency defence cabinet to discuss Donald's Trump's intent to acquire Greenland and Iran's brutal ​crackdown on mass protests. For in-depth analysis and insight, Oli...

21hFrance 24PoliticsImpact

Iran: Donald Trump says killings have halted after anti-government protests

US President Donald Trump said Wednesday that he’s been told "on good authority" that plans for executions in Iran have stopped. Tehran, on its end, has signaled fast trials and executions ahead in it...

22hFrance 24PoliticsImpact

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...

21hBusiness 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...

1dBusiness InsidereconomicsImpact

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. ...

1dBusiness InsidereconomicsImpact
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