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There's no such thing as 'free lunch' for Big Tech's electric bill

There's no such thing as 'free lunch' for Big Tech's electric bill

Ellen Thomas, Business Insider

Energy regulators and advocates are cautiously optimistic about Microsoft's promise to "pay its own way" for the power needed to serve its AI footprint.

Jan 14, 2026, 11:05 PM

Microsoft promised consumers won't foot the bill for its data centers. Our interactive map shows where its facilities are located.

Microsoft promised consumers won't foot the bill for its data centers. Our interactive map shows where its facilities are located.

Hannah Beckler, Business Insider

Business Insider found where 44 of Microsoft's data centers are located as of 2024. It promised this week consumers won't be on the hook for them.

Economy & FinanceTechnology Regulation

Jan 14, 2026, 9:48 PM

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

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

Alice Tecotzky,Reed Alexander, Business Insider

Citi's CFO said the bank "would" and "could" not support the proposed cap.

Economy & FinanceTaxes

Jan 14, 2026, 2:52 PM

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Ayelet Sheffey, Business Insider

With Trump's proposed cap on credit card interest rates and new caps on student loans, more Americans might turn to alternative lenders.

Jan 14, 2026, 10:51 AM

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Katherine Li, Business Insider

While major banks, including JPMorgan Chase and Citi, warned that a 10% credit card cap would reduce access to credit, some CEOs applaud the plan.

Jan 14, 2026, 10:40 AM

Russian oil firm says it will keep its Venezuela assets after US military operation

Russian oil firm says it will keep its Venezuela assets after US military operation

Huileng Tan, Business Insider

Russian President Vladimir Putin has not commented publicly on the US operation in Venezuela but Moscow and Caracas maintain a strategic partnership.

Foreign Policy & InternationalRussiaEnergy

Jan 14, 2026, 6:56 AM

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Allie Kelly,Katherine Li, Business Insider

The Fed Chair sent a letter to the Senate Banking Committee in July that extensively responded to their inquiries on the Fed building renovation.

Jan 14, 2026, 5:02 AM

Celebrity deaths 2026: Remembering the famous people we lost this year

Celebrity deaths 2026: Remembering the famous people we lost this year

Jason Guerrasio, Business Insider

Here are the stars we lost this year, including "Dilbert" creator Scott Adams and Grateful Dead member Bob Weir.

Jan 13, 2026, 6:10 PM

Trump attacks Powell again as opposition to Fed investigation grows

Trump attacks Powell again as opposition to Fed investigation grows

Brent D. Griffiths, Business Insider

President Donald Trump told reporters that Fed Chair Jerome Powell is either "incompetent" or "crooked."

Donald TrumpEconomy & FinanceFederal Agencies

Jan 13, 2026, 5:02 PM

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Robert Scammell, Business Insider

Microsoft shared five commitments to minimize the impact of its data center buildout on residents, including paying more for electricity.

Jan 13, 2026, 2:17 PM

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

Reed Alexander,Alice Tecotzky, Business Insider

America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday.

Jan 13, 2026, 2:11 PM

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

Will Martin, Business Insider

A joint letter from the heads of 10 central banks called Powell a "respected colleague held in the highest regard by all who have worked with him."

Jan 13, 2026, 10:52 AM

Trump's big swing at credit card interest rates targets a growing American problem

Trump's big swing at credit card interest rates targets a growing American problem

Ayelet Sheffey,Juliana Kaplan, Business Insider

Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing profit at consumers' expense.

Jan 13, 2026, 9:55 AM

Klarna CEO backs Trump's 10% credit card cap, criticizing rewards as built on poorer borrowers' debt

Klarna CEO backs Trump's 10% credit card cap, criticizing rewards as built on poorer borrowers' debt

Huileng Tan, Business Insider

Even people who don't use credit cards pay more for everyday goods because merchants raise prices to cover card fees, said Klarna's CEO.

Economy & Finance

Jan 13, 2026, 5:48 AM

Trump says that Microsoft will 'ensure' Americans don't 'pick up the tab' for its data center power consumption

Trump says that Microsoft will 'ensure' Americans don't 'pick up the tab' for its data center power consumption

Katherine Li,Kelsey Vlamis, Business Insider

President Donald Trump said that tech companies must pay for their own data centers without spiking utility bills for American households.

Jan 13, 2026, 12:27 AM

Trump says any country doing business with Iran will be hit with a 25% tariff

Trump says any country doing business with Iran will be hit with a 25% tariff

Kelsey Vlamis, Business Insider

President Donald Trump said he'll impose a 25% tariff on any country doing business with Iran, effective immediately.

TradeIranEconomy & Finance

Jan 12, 2026, 10:17 PM

Why the attack on Fed Chair Jerome Powell follows Donald Trump's typical playbook — and isn't going to stop there

Why the attack on Fed Chair Jerome Powell follows Donald Trump's typical playbook — and isn't going to stop there

Peter Kafka, Business Insider

The Federal Reserve is supposed to be independent from the president. The Justice Department investigation into Jerome Powell could change that.

Government & AdministrationLegal & JusticeEconomy & FinanceElections & Politics

Jan 12, 2026, 9:16 PM

The controversy behind Jerome Powell's Senate testimony, from the VIP dining room to the special elevators

The controversy behind Jerome Powell's Senate testimony, from the VIP dining room to the special elevators

Jacob Shamsian,Natalie Musumeci, Business Insider

Jerome Powell says the criminal investigation centers on a June Senate hearing, where he got into a heated exchange over the Fed's renovation plans.

Jan 12, 2026, 9:03 PM

Trump says 'WE'RE SCREWED!' if the Supreme Court overturns his tariffs

Trump says 'WE'RE SCREWED!' if the Supreme Court overturns his tariffs

Bryan Metzger, Business Insider

"It would be a complete mess, and almost impossible for our Country to pay," Trump said of potential tariff refunds.

Jan 12, 2026, 8:04 PM

Mark Zuckerberg says Meta will build 'hundreds of gigawatts' of AI capacity over time

Mark Zuckerberg says Meta will build 'hundreds of gigawatts' of AI capacity over time

Pranav Dixit, Business Insider

Meta CEO Mark Zuckerberg launches Meta Compute, a major AI infrastructure initiative led by executives Santosh Janardhan and Daniel Gross.

Technology RegulationArtificial Intelligence

Jan 12, 2026, 7:26 PM

Meta's new president is a former Trump advisor — 3 things to know about Dina Powell McCormick

Meta's new president is a former Trump advisor — 3 things to know about Dina Powell McCormick

Henry Chandonnet, Business Insider

Meta named Dina Powell McCormick as its president and vice chairman. She previously advised President Donald Trump and worked at Goldman Sachs.

Government & AdministrationPersonnel

Jan 12, 2026, 4:55 PM

'Sell America' is back: All the biggest moves today as Trump whips up fresh market turmoil

'Sell America' is back: All the biggest moves today as Trump whips up fresh market turmoil

jsor@businessinsider.com (Jennifer Sor), Business Insider

Stocks, bonds, and the dollar fell amid the DOJ's investigation into Powell. Credit card stocks plunged after Trump said interest should be capped.

Jan 12, 2026, 2:53 PM

Watch the 2-minute address Jerome Powell gave after the Fed received grand jury subpoenas

Watch the 2-minute address Jerome Powell gave after the Fed received grand jury subpoenas

Mary Hanbury, Business Insider

In a rare video message, Federal Reserve Chair Jerome Powell called the subpoenas an "unprecedented action."

Jan 12, 2026, 2:42 PM

Earnings season is here, and there's one big wild card

Earnings season is here, and there's one big wild card

Dan DeFrancesco, Business Insider

The biggest things to watch from Wall Street this earnings season.

Jan 12, 2026, 12:06 PM

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