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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...

Jan 13Business 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...

3dBusiness 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...

Jan 15Business InsiderPoliticsImpact

Capitalism as we know it is having an identity crisis — and you're caught in the middle

Getty Images; Tyler Le/BI From Davos to Washington to America's high school classrooms, people are questioning the foundations of our economic system — and we at Business Insider are tracking wh...

13hBusiness InsidereconomicsImpact

Hundreds of America's rural hospitals have vanished. Maps show closures by state.

Rural hospital closures limit healthcare for millions of Americans. Thomas Northcut/Getty Images Over `100 rural hospitals have closed since 2005, making it hard for millions to access healthcare. ERs...

3dBusiness InsiderHealthImpact

Student-loan borrowers behind on payments are getting a major break, the US education secretary says

Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...

6dBusiness InsiderPoliticsImpact

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 ...

1dBusiness InsiderPoliticsImpact

Trump is dominating the Davos agenda and casting a chill over the global elite

PALM BEACH, FLORIDA - DECEMBER 20: U.S. President Donald Trump walks off Air Force One at Palm Beach International Airport on December 20, 2025 in Palm Beach, Florida. Trump traveled to his Mar-a-Lago...

2dBusiness 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

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...

Jan 15Business InsiderPoliticsImpact

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...

1dBusiness InsiderPoliticsImpact

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...

Jan 14Business Insiderworld_newsImpact

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 &...

1dBusiness InsiderPoliticsImpact

7 charts show how the economy looked in Donald Trump's first year of his second presidency

The economy has changed a lot in the first year of Trump's second term. Alex Wong/Getty Images Donald Trump just wrapped up the first year of his second term as president. Business Insider examined ho...

2dBusiness InsiderPoliticsImpact

Citadel CEO Ken Griffin says Trump's tariffs have landed the US in a 'pretty unfortunate position'

Ken Griffin, CEO of Citadel. Fabrice COFFRINI / AFP via Getty Images Ken Griffin, CEO of Citadel, gave his two cents on Trump's key economic policies. Tariffs have led to higher inflation and disrupte...

1dBusiness 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...

1dBusiness InsiderPoliticsImpact

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....

6dBusiness InsiderPoliticsImpact

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...

6dBusiness InsiderPoliticsImpact

Why nobody’s stopping Grok

Today’s episode of Decoder is about X, Grok, and Elon Musk. By now we’re several weeks into one of the worst, most upsetting, and most stupidly irresponsible AI controversies in the short history of g...

6hThe VergeTechnologyImpact

Bernie Sanders's AI data center pause isn't catching on in Congress yet

"There's enormous issues for our economy and for our democracy that have got to be dealt with," Sanders said. "And I feel we're not ready to do that." Nathan Posner/Anadolu via Getty I...

3dBusiness InsiderPoliticsImpact
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