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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...

3dBusiness 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...

7hBusiness InsidereconomicsImpact

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...

4dBusiness InsiderPoliticsImpact

Stars and Stripes staff fear the Pentagon is coming for the newspaper — and their jobs

Stars and Stripes newspaper Ullstein bild via Getty Images The military's independent newspaper, Stars and Stripes, is facing new pressure from the Pentagon. Pentagon spokesman Sean Parnell said the o...

1dBusiness InsiderPoliticsImpact

Why Coinbase derailed the crypto industry’s political future

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks to members of the media on Capitol Hill in Washington, DC, US, on Thursday, Jan. 15, 2026. | Aaron Schwartz/Bloomberg via Getty...

6hThe VergePoliticsImpact

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...

4dThe VergePoliticsImpact

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...

6dDecryptcryptocurrency

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...

3dBusiness InsiderPoliticsImpact

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...

4dBusiness InsiderPoliticsImpact

Why Democrats are gearing up to oppose a bill to curtail stock trading in Congress

"This bill is a scam. It is not a congressional stock trading ban," Rep. Alexandria Ocasio-Cortez told Business Insider. Tom Williams/CQ-Roll Call, Inc via Getty Images A GOP-backed bill to cu...

1dBusiness InsiderPoliticsImpact

The US expected 'significant resistance' from Venezuela's air defenses, Maduro raid planning memo reveals

The US expected resistance from dozens of Venezuelan air defense systems during the Maduro raid. Miguel J. Rodriguez Carrillo/AFP via Getty Images The US expected "significant resistance" from...

3dBusiness 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....

2dBusiness InsiderPoliticsImpact

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...

2dBusiness 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...

3dBusiness 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...

4dBusiness InsidereconomicsImpact

Sen. Mark Kelly is suing the Pentagon. Legal experts say veterans' rights are at stake.

Sen. Mark Kelly said his lawsuit is about fighting back on the Pentagon's crackdown on speech. Heather Diehl/Getty Images Senator Mark Kelly sued Defense Secretary Pete Hegseth over the Pentagon's spe...

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...

3dBusiness 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...

5dBusiness InsiderPoliticsImpact
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