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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 ...

3dBusiness 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...

2dBusiness InsiderPoliticsImpact

UK digital ID plans will no longer be mandatory

The United Kingdom has walked back plans to make its upcoming digital ID scheme a mandatory requirement for working adults. While the UK government remains "committed to mandatory digital right-to-wor...

Jan 14The VergePoliticsImpact

Senate passes a bill that would let nonconsensual deepfake victims sue

The Senate passed a bill that could give people who've found their likeness deepfaked into sexually-explicit images without their consent a new way to fight back. The Disrupt Explicit Forged Images an...

Jan 13The VergePoliticsImpact

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...

7hBusiness Insiderworld_newsImpact

Trump and Mid-Atlantic governors want tech companies to pay for new power plants

An Amazon Web Services data center in Ashburn, Virginia, US, on Tuesday, Oct. 28, 2025. | Photo: Getty Images The Trump administration and a bipartisan group of governors are pressuring the PJM Interc...

Jan 16The VergePoliticsImpact

600,000 Trump Mobile phones sold? There’s no proof.

Where's the Trump phone? We're going to keep talking about it every week . We've reached out, as usual, to ask about the Trump phone's whereabouts. As usual, we're still waiting for a response. In the...

Jan 16The VergePoliticsImpact

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

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

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

The US has an Arctic warfare problem: not enough of the right kinds of weapons and tools

The US military's renewed focus on the Arctic is exposing the types of weapons it needs for the region. US Air Force photo by Senior Airman Nicholas Paczkowski The US doesn't have the weapons and tech...

1dBusiness 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

Gov. Gavin Newsom denied entry to a fireside chat at Davos

FILE - In this file photo taken Tuesday April 14, 2020, California Gov. Gavin Newsom discusses an outline for what it will take to lift coronavirus restrictions during a news conference at the Governo...

2dBusiness InsiderPoliticsImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

6dBusiness InsidereconomicsImpact

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

ACA health insurance enrollment dropped by 1.4 million. See which states had the biggest swings.

Millions are at risk of losing health insurance without Affordable Care Act subsidies. The Washington Post/The Washington Post via Getty Images 1.4 million fewer Americans enrolled in ACA marketplace ...

Jan 17Business InsiderHealthImpact

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...

2dBusiness InsidersocietyImpact

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...

Jan 16Business Insidereconomics

Inside the failed 2020 coup in Venezuela that resulted in the capture of ex-US Special Forces

The recent capture of Venezuelan president Nicolás Maduro by American forces recalls a botched 2020 coup attempt that resulted in the imprisonment of two former US Army Green Berets. Since then, there...

Jan 16Business 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...

Jan 16Business InsiderPoliticsImpact
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