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Citi CFO says a credit card cap would have a 'deleterious' impact on the economy

Citi reported fourth-quarter earnings on Thursday. Mike Kemp/In Pictures via Getty Images Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. ...

Jan 14Business InsidereconomicsImpact

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...

3dBusiness InsiderPoliticsImpact

Key EU-US trade deal in limbo amid tension as US threatens extra tariffs

"In politics as in business – a deal is a deal. And when friends shake hands, it must mean something.” Ursula von der Leyen's comments came amid growing tension between Europe and the US over Greenlan...

3dFrance 24PoliticsImpact

'Ultimate litmus test': Can the EU stand up to Trump over Greenland?

EU member states are finding themselves in a “real bind” as they debate how to respond to US President Donald Trump’s tariff threats over Greenland, FRANCE 24’s Douglas Herbert said in an analysis. “T...

5dFrance 24PoliticsImpact

Syrian army enters northern towns after Kurdish fighters withdraw

Syrian government forces entered two northern towns Saturday morning after the command of Kurdish-led fighters said it would evacuate the area in an apparent move to avoid conflict. Two soldiers were ...

Jan 17France 24PoliticsImpact

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...

2dBusiness InsiderPoliticsImpact

EU remains on its guard despite Trump backing down on tariff threats

Us President Donald Trump has backed away from his threats of tariffs on European countries to push them to agree to a US purchase of Greenland. he also launched the plan for his Board of Peace, altho...

1dFrance 24PoliticsImpact

Deadly protests crackdown in Iran: Some funerals of protesters turn into demonstrations

The number of people killed in protests against the Iranian regime has been rising since demonstrations began in late December. An NGO reported on January 20 that more than 4,500 people had been kille...

2dFrance 24PoliticsImpact

What is Donald Trump's Board of Peace?

While in Davos, Donald Trump is expected to provide more details about his "Board of Peace". Ostensibly created to oversee the US-brokered ceasefire in Israel's war with Hamas, the US president has in...

3dFrance 24PoliticsImpact

Fmr. US House Speaker Paul Ryan on Populism, Tariff Uncertainty

Teneo Vice Chairman & Former Speaker of the House Paul Ryan speaks about the kind of populism seen in President Donald Trump's administration, his hopes the US Supreme Court will rule against some of ...

4dBloombergPoliticsImpact

US delegation seeks to reassure Denmark and Greenland amid Trump seizure threats

A bipartisan delegation of US lawmakers will meet with the leaders of Denmark and Greenland on Friday to reassure them of congressional support despite President Donald Trump's threats to seize the Ar...

Jan 16France 24PoliticsImpact

Iran calls for fast trials of protesters despite Trump’s warning

Iran's judiciary chief on Wednesday called for fast-track trials for detained protesters, despite US President Donald Trump's threat of "very strong action" if the Islamic republic goes ahead with exe...

Jan 14France 24PoliticsImpact

South Korean prosecutors demand death penalty for ex-leader Yoon

South Korean prosecutors called on Tuesday for the death penalty to be handed down to former president Yoon Suk Yeol for his December 2024 declaration of martial law, which plunged the country into ch...

Jan 13France 24PoliticsImpact

Macron brandishing 'threat of dissolution' as budget talks resume, although 'unlikely'

Crucial budget talks are resuming in French parliament, as MPs have failed to secure the 2026 budget in time last year. President Emmanuel Macron has brandished the threat of dissolution in case parti...

Jan 13France 24PoliticsImpact

EV companies have one big problem — countries that can't keep their policy straight, says top BYD exec

A top BYD executive says countries are slowing the EV transition by changing policy too often. Asad/Xinhua via Getty Images Policy changes are slowing the global EV transition, a top BYD exec says. Co...

4dBusiness InsiderautomotiveImpact

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

EU Commission says Mercosur delay means EU "weakening itself"

The European Union's parliament voted on Wednesday to refer a freshly signed trade deal with South American bloc Mercosur to the EU's top court, casting the hard-fought accord into legal limbo. The vo...

3dFrance 24PoliticsImpact

"Sign of a growing front" against Donald Trump as Europe goes confrontational

President Donald Trump is heading to the World Economic Forum in the Swiss Alps on January 21, where his ambitions to wrest control of Greenland from NATO ally Denmark could tear relations with Europe...

3dFrance 24PoliticsImpact

Portugal votes in presidential election as far right eyes historic run-off

Portugal started voting Sunday in the first round of a presidential election in which a far-right candidate could for the first time make it to a run-off, but with the final result hard to call. Polls...

6dFrance 24PoliticsImpact
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