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Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

14hBusiness InsiderPoliticsImpact

America's homebuilding is powered by immigrant workers. Here are the places that rely on them the most.

The cities building the most homes rely more heavily on immigrant labor. Allen J. Schaben / Los Angeles Times The cities that build and remodel the most homes rely the most heavily on immigrant worker...

2dBusiness Insiderreal_estateImpact

They quit their day jobs to bet on current events. A look inside the prediction market mania

Prediction market apps are thriving in Trump's second term, with traders betting on migrant deportations to election outcomes. A community of young, mostly male and very online traders are driving the...

3dNPR NewsPoliticsImpact

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...

6dBusiness InsiderPoliticsImpact

Uganda's leader Yoweri Museveni extends his 40-year grip on power after election commission declares him the winner

Yoweri Museveni has been declared the winner of the presidential election, extending his rule beyond four decades. Meanwhile, the opposition candidate has reportedly gone into hiding....

3dDeutsche WellePolitics

A South Korean court sentences Yoon to 5 years in prison on charges related to martial law decree

A South Korean court has sentenced former President Yoon Suk Yeol to five years in prison, the first verdict in eight criminal trials for allegations that include his 2024 martial law decree. (Image c...

4dNPR NewsPolitics

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...

6dBusiness InsidereconomicsImpact

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...

1dBusiness InsiderPoliticsImpact

EU's 'anti-coercion' trade tool is back on the table as a response to Trump's tariff threats over Greenland. Follow live

Germany has vowed a "united" response from Europe after Donald Trump threatened tariffs on nations that oppose him over Greenland. NATO's Mark Rutte is set for talks with Danish and Greenland official...

1dDeutsche WellePoliticsImpact

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...

2dBusiness InsidereconomicsImpact

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...

5dBusiness InsiderPoliticsImpact

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...

5dBusiness 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...

17hBusiness 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....

4dBusiness InsiderPoliticsImpact

Ukraine burned nearly $100 million in missiles in a single night battling a Russian barrage, Zelenskyy says

Ukrainian forces shoot down a Russian missile over Kyiv on Tuesday. Gleb Garanich/REUTERS Ukraine fired nearly $100 million worth of missiles in a single night defending against Russian strikes. The f...

10hBusiness InsiderPoliticsImpact

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...

Jan 12Decryptcryptocurrency

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

Trump shares private message from Macron offering G7 meeting in Paris

French President Emmanuel Macron on Thursday offered to host a G7 summit in Paris in a private text message to US President Donald Trump, adding that he could invite “the Russians” on the sidelines. T...

22hFrance 24PoliticsImpact

EU weighs countermeasures against Trump's tariff threats over Greenland

EU leaders are set to discuss countermeasures at an emergency summit in Brussels on Thursday in response to US President Donald Trump's tariff threats. One option is a package of tariffs on 93 billion...

1dFrance 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...

5dFrance 24PoliticsImpact
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