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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 ...

4dBusiness InsiderPoliticsImpact

The US military's drone-defense confusion is leaving its bases vulnerable, Pentagon watchdog finds

A US Army solider trains with a counter-UAS weapon known as a "Drone Buster," at Fort Irwin, California., Oct. 31, 2024. Sgt. Quincy Adams/US Army A new watchdog report says unclear counter-dr...

7hBusiness 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

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...

Jan 18Business 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...

Jan 17Business InsiderPoliticsImpact

A NATO fighter wing showed up for front-line air patrols with drone defenses for the first time

A Spanish EF-18 on the tarmac before takeoff at Šiauliai. Some elements of the image have been obscured for security reasons at the request of the Spanish Air Force. Jake Epstein/Business Insider Spai...

1dBusiness Insiderworld_newsImpact

US wins against Russian and Chinese air defenses in other countries risk teaching the wrong lessons

Stealth fighters and supersonic bombers were among the aircraft involved in the mission. US Air Force Photo The US assault on Venezuela saw forces overwhelm Russian- and Chinese-made air defenses. Ope...

9hBusiness InsiderPoliticsImpact

Front-line NATO ally Finland says it's ready for a Russian attack. Here are the capabilities giving it confidence.

Finland's military was designed with threats from Russia in mind. Leon Neal/Getty Images Finland's president outlined the ways the country is ready for a Russian attack. He pointed to elements like ci...

4dBusiness InsiderPoliticsImpact

Business leaders react to Trump's Davos speech

US President Donald Trump delivers a speech during the World Economic Forum annual meeting in Davos Fabrice COFFRINI / AFP via Getty Images President Donald Trump gave his 70-minute-long speech in Dav...

4dBusiness 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...

3dBusiness 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...

Jan 15Business InsiderPoliticsImpact

Whole milk is gross. I don't care what RFK says.

Whole milk, yuck. Getty Images; BI The government's latest dietary guidelines suggest people drink whole milk instead of low-fat. This matters a lot for school lunches, where whole milk will get top b...

3dBusiness 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...

2dBusiness InsidereconomicsImpact

How ICE chaos and a boycott plan are turning Minnesota retailers into community spaces

Community donations at Smitten Kitten (left and right), and BabyBel Mozzarella the cat (middle), are supporting Minnesotans. Mikayla Stanek (Smitten Kitten); Vanessa Beardsley (Catzen) January is typi...

3dBusiness InsidersocietyImpact

Inside the relationship of Vice President JD Vance and second lady Usha Vance, who are expecting their fourth child

Republican vice presidential candidate Sen. JD Vance, R-Ohio, and his wife Usha Vance arrive to speak at a campaign rally, Saturday, July 27, 2024, in St. Cloud, Minn. Alex Brandon/AP JD Vance, Donald...

4dBusiness InsiderPoliticsImpact

Chipotle's new PAC signals a change in how the company engages in politics

Chipotle quietly filed FEC paperwork to form a political action committee. Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images Chipotle has filed to form a PAC, allowing the compan...

3dBusiness InsiderPoliticsImpact

The Supreme Court is about to weigh in on the Fed's independence in a case that goes beyond Jerome Powell

Chip Somodevilla/Getty Images; SAUL LOEB/Getty Images; Tom Williams/Getty Images; Tyler Le/BI The Supreme Court is set to hear arguments over whether Trump can fire Fed board member Lisa Cook. The ora...

6dBusiness InsiderPoliticsImpact

I'm a millionaire living in California. I'm happy to pay higher taxes since I have more wealth — it just makes sense.

Scott Ellis is a millionaire who supports higher taxes for the wealthy, including himself. Courtesy of Scott Ellis Scott Ellis is a Silicon Valley millionaire who supports California's proposed wealth...

11hBusiness InsiderPoliticsImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

Jan 14Business InsiderPoliticsImpact
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