Articles from: Business Insider

Here's What Powell's Critics Are Saying About His Job Leading the Fed

"I was not a big fan of Powell," said former President Donald Trump, who appointed Powell as Fed Chair in 2017.

DoJ Charges 3 With Insider Trading Ahead of Trump Media Listing Deal

The trio allegedly made $22 million by trading shares in a blank-check company ahead of it announcing plans to merge with Trump Media & Technology Group.

Top Investor Sounds the Alarm on Trump Media Stock

Like its owner, shares of Trump Media & Technology Group (NASDAQ:DJT) have been extremely volatile over the past year. First trading under ...

How Trump Flipped From Bitcoin Skeptic to 'Crypto President'

Donald Trump once said bitcoin is based on "thin air." Now, he wants to make the US the industry's leader.

Trump advocating to close carried interest tax loophole, Axios reports

The White House outlined its tax priorities in a meeting with House GOP leaders on Thursday, a White House official tells Axios. Trump is advoca...

Trump Tells Walmart to ‘Eat the Tariffs’ as the Retailer Hikes Prices amid ‘Unprecedented’ Tariff Pressure

Walmart (WMT) is raising prices, while other retail giants are taking notice. The world’s largest retailer said it would increase prices on a br...

Trump admin concerned with potential Apple deal with Alibaba, Reuters says

The White House and officials are scrutinizing Apple’s (AAPL) plan to enter a deal with Alibaba (BABA) that would make the Chinese company’s AI ...

JD Vance says the Fed is committing 'monetary malpractice,' joining Trump in bashing the central bank

The Vice President said the Fed refusing to cut interest rates was "monetary malpractice," echoing sentiment voiced by Trump in recent months.

Victoria's Secret is cutting back on deals and discounts as tariffs hit its business

Victoria's Secret is "optimizing" discounts and gifts that it gives customers to offset higher costs from tariffs. Price increases are also possible.

Trump's former Commerce Secretary, Wilbur Ross, says the US-China deal is still far from comprehensive

President Donald Trump said the deal with China is "done." His former Commerce Secretary told Business Insider it's far from comprehensive.

Sullivan & Cromwell is going to court to try to save Trump from his 34-count criminal conviction

The Big Law firm Sullivan & Cromwell is arguing that additional appeals for Trump's hush-money convictions should be heard in federal court.

Jamie Dimon calls out bland letters from CEOs — and reveals the 2 he always reads

JPMorgan CEO Jamie Dimon said he always reads Warren Buffett and Andy Jassy's letters but skips some others, and called for a revamp of banking rules.

Inflation ticked up less than expected in May, considering fear around Trump's tariffs

Consumer prices rose 2.4% over the year in May, slightly higher than the previous month but below economists' expectations.

For Gen Z tech founders, skipping college is the new dropping out

Inside tech's anti-college movement: 'If you have to go to college, it's probably because you're mediocre.'

Melania Trump, Usha Vance, and Cheryl Hines took different approaches to the same outfit for their Kennedy Center appearance

Melania Trump, Usha Vance, and Cheryl Hines attended the opening night of "Les Misérables" alongside their husbands. They all wore similar outfits.

Lockheed Martin shares sank as much as 7% after a report that the Pentagon is halving F-35 requests for the Air Force

The defense contractor's shares fell on Wednesday amid a report that the Pentagon was only requesting 24 F-35s from Congress.

Trump says 'changes' are coming to immigration enforcement after complaints from farmers and the hospitality industry

Trump said he'd been told his immigration policies were "taking very good, long time workers away from" farmers and the hospitality industry.

Trump said he will set unilateral 'take it or leave it' tariffs on trading partners in the next 2 weeks

He said about the unilateral tariffs: "You don't have to use it. You don't have to shop in the United States, as I say."

New economic data has reignited Trump's fight with the Fed over cutting interest rates

Inflation isn't rising as expected, and Americans are feeling less anxious about it. But the fight to cut interest rates is heating up.

Major student-loan repayment changes are one step closer for parents, grad students, and millions more borrowers

The Senate's version of Trump's big spending bill doubles down on condensing income-driven repayment plans and places caps on some student loans.

An LA couple moved to Mexico to avoid deportation. They racked up $20K in debt, but are feeling more hopeful they can build a life together.

Alfredo Linares and Raegan Kline closed their business to move to Mexico, but it was worth it to avoid getting separated if Linares was deported.

I called Klarna's new AI doppelganger of its CEO. Here's what it said about why humans are necessary at work.

I asked an AI chatbot based on Klarna's CEO to share its views on artificial intelligence.

200 Marines head to downtown LA, in the Corps' most politically fraught mission

Infantry Marines arrived in LA with minimal training to counter civilians protesting the Trump administration's immigration crackdown.

There's never a perfect time to have a baby — but 2025 is looking pretty tough

Economic uncertainty usually results in lower birth rates. With tariffs and fears of a recession, it might be good to wait on kids, if you can.

5 things to know about Alexandr Wang, the buzzy Scale AI founder

Mark Zuckerberg's biggest bet on Meta AI will ride on the back of a fellow dropout who has dazzled Silicon Valley over the last decade.

NATO needs to get ready for modern war — and fast, top commander tells BI

Adm. Pierre Vandier told BI that the military alliance has forgotten the principles of a more evenly matched conventional war and needs to reinvest.

Israel's trying to wipe out Iran's nuke program. It won't be an easy kill.

Iran has many scientists with nuclear expertise and has stored its most critical facilities in bunkers that may be beyond the reach of Israel's bombs.

5 key questions on Israel's strikes, Iran's response, and the risk of a wider war

Israel's widespread airstrikes against Iran's nuclear program are stoking fears of a larger confrontation.

Satellite images show extensive damage that Israeli fighter jets caused at one of Iran's top nuclear facilities

Israeli fighter jets destroyed several aboveground buildings at Natanz, Iran's main uranium enrichment facility, images show.

Tech execs, Uncle Sam wants you for the US Army

The US Army is looking to recruit senior tech executives to serve as part-time advisors in the Army Reserve.

Trump's tariffs and tax bill look like a 'Greek tragedy' that could tank the economy and stocks, former IMF official warns

Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher bond yields, and recession.

Photos show the US Army's 250th anniversary parade held on Trump's birthday

The US Army held a parade in Washington, DC, for its 250th anniversary on Saturday. It was also President Donald Trump's 79th birthday.

Trump's Harvard battle is making some students consider European universities instead

Top European universities say they're benefiting from Trump's US visa legal battle, with a rise in interest from international students.

It's a pretty miserable time to take a big financial risk

Americans are uneasy about buying real estate, changing careers, and more. Here's what to know about timing big purchases and risks in this economy.

Trump Organization announces mobile plan, which will offer a gold-colored phone that costs $499

Donald Trump Jr. and Eric Trump announced that the president's company is getting into the mobile business and will make smartphones too.

The Trump family just got into the phone business. Here's what we know about how the president makes money

Donald Trump's annual financial disclosure shows he made more than $600 million last year.

Putin's business buddies don't want Western companies back in Russia

Russian business leaders are backing legislation that would stop Western companies one day returning to the market they left after the Ukraine invasion.

Solar stocks are plummeting as the Senate version of Trump's 'big beautiful bill' hits clean energy

Solar energy stocks dropped sharply on Tuesday as the market digested cuts to renewable power tax credits in the Senate's version of the budget bill.

The Trump family's licensing

The Trump family just made a call on its next big business — Trump Mobile— a Trump-branded mobile phone service and smartphone.

Trump family unveils Trump Mobile with a flashy $500 gold smartphone

Donald Trump's sons unveiled a new Trump Mobile service on Monday. Among the new offerings will be a $500 gold-colored smartphone.

Trump set to give TikTok 90 more days to find a deal

TikTok now has until September to find a new owner in order to meet the requirements of a divest-or-ban law.

Partner at firm that made deal with Trump defects to law firm suing administration

Ellen Holloman is leaving Cadwalader, which pledged $100 million to Trump's causes, to join a firm known for representing E. Jean Carroll.

Want to dodge tariffs and buy an all-American car? A Tesla remains your best bet.

The Elon Musk-led automaker has swept Cars.com's list of the "American-made" cars, with the Model 3 taking the title of the most American vehicle.

Boeing wants a bigger slice of Europe's surging defense spending

Boeing expects a "very significant expansion" in Europe over the next decade, executives told a briefing at the Paris Air Show.

Amazon's Prime Day will be twice as long this year as tariffs push shoppers to look for deals

Amazon's Prime Day will last four days in July, twice as long as it was last year. The sale will include deals every five minutes at its peak.

OpenAI is going big into government tech

The $200 million DoD contract is for OpenAI to develop AI tools for national security purposes, potentially placing it as a competitor to Palantir.

Israel's one-of-a-kind F-35 stealth jet is flying into a higher level of combat in fights with Iran

Combat missions against Iran are the most challenging that an F-35 has flown, showcasing the jet's capabilities, an airpower expert said.

Trump doesn't seem like he's taking the TikTok sale-or-ban law seriously. Does anyone?

TikTok still has the same owner. There's another ban-or-sale deadline coming up, but Donald Trump is going to extend it — again.

CEOs haven't felt this gloomy about the economy since the pandemic

A total of 169 CEOs weighed in for The Business Roundtable's economic outlook index, which dropped 15 points, hitting its lowest level in five years.

The US Navy's most advanced aircraft carrier is readying to deploy to Europe again

USS Gerald R. Ford's deployment comes as the Pentagon moves more Navy firepower closer to Israel amid its latest clash with Iran.

Photos show Trump's been an iPhone guy for a while now

Photographers have snapped intimate looks at Donald Trump's iPhone, including photos of his lockscreen — which featured an image of himself.

The US says foreign students can start getting visas again, but they'll have to make their social media accounts public

The State Department said both full-time and exchange students could be vetted, calling every visa application a "national security decision."

Starship's 4th straight rocket explosion is the latest public setback for Musk's Mars dreams

SpaceX's flagship Starship model suffered its fourth explosion this year. NASA expects the company to put astronauts on the moon by 2027.

Surprise! You literally owe the tariffs

Americans are being hit with huge tariff bills on their online orders.

A HENRY aims to save $100,000 for his kids' futures but won't push college: 'Trade school is a really good option'

Cimarron Beckstead puts Alaska's oil dividend checks directly into his kids' 529 savings accounts. He hasn't had to put any of his own money aside.

Trump says number of 'non-working holidays' in America 'must change' in Juneteenth social media post

President Donald Trump said American holidays cost billions of dollars in lost productivity and "must change."

Satellite images show American military planes missing from a vulnerable base as the US fortifies its Middle East presence

Dozens of American planes have left the Al Udeid airbase in Qatar as President Donald Trump weighs joining Israel's strikes in Iran.

Melinda French Gates has some words for CEOs cozying up to Trump

"Many people who used to say one thing, have absolutely shifted," French Gates said in an interview this week.

Telegram CEO gives his view on Elon Musk, Sam Altman, and Mark Zuckerberg

Telegram CEO Pavel Durov commented on Elon Musk's decision-making, Mark Zuckerberg's "fundamental values," and Sam Altman's technical chops.

Top takeaways from BI's conversations with real-estate investors

Real-estate investing doesn't come easy … or cheap. Lucky for you, BI has written extensively about people who have set up real-estate empires.

Satellite image of an Iranian airport shows an American-made F-14 Tomcat that Israel turned into a burned wreck

An Israeli military official said a drone struck two F-14s in Tehran earlier in the week. Iran is the only air force that still flies the Tomcat.

I grew up in Asia and considered getting my MBA in the US last year. I'm glad I changed my mind.

When he started considering business schools, his family and friends assumed he would opt for the US.

Wiping out surface-to-air missiles is how you win a modern air war — and Israel's gotten very good at it

Before you can control the skies, you have to take out what's defending them. Israel's strikes on Iran show how it's done.

US warplanes just dropped a full load of bombs on Iran's most heavily fortified nuclear site

US military aircraft hit three of Iran's nuclear sites, dropping a "full payload" of bombs on the heavily protected Fordow, Trump said.

Business leaders from Bill Ackman to Jason Calacanis react to the US strike on Iran's nuclear sites

Donald Trump on Saturday announced the US had launched strikes on three major Iranian nuclear targets. Here's how business leaders reacted.

'We're not trying to be Silicon Valley': Inside Station F, where Paris is incubating the next tech and AI juggernauts

Station F transformed Paris's startup ecosystem. Here's how it's galvanizing France's AI boom and luring global talent.

The US military struck Iran with some of its most elusive weapons: stealth bombers and a hidden submarine

US Air Force B-2 Spirit bombers struck Iran's nuclear facilities, and a guided-missile submarine also launched strikes.

Amazon CEO Andy Jassy came clean about AI's impact on white-collar jobs. That might be a good thing.

In this Sunday edition of Business Insider Today, we're talking about Andy Jassy and other CEOs' message to workers about AI's job impact.

FedEx founder Fred Smith is dead at 80

Fred Smith, the founder of FedEx and a celebrated entrepreneur who frequented Washington, DC, died Saturday at 80.

I'm a retiree living in Mexico who owns a BYD and a Tesla. Here's why I prefer the Chinese car.

John Romer splits his time between Mexico and the US and owns a BYD Song Plus and a Tesla Model 3. He told BI he prefers the BYD.

Trump says an Israel-Iran ceasefire is imminent, declaring an end is coming to what he's calling the '12 Day War'

Iran and Israel have agreed to a ceasefire, president Trump announced on Truth Social, adding that it would go into effect Tuesday morning local time.

Why markets are weirdly calm after the US bombed Iran

Investors expected choppy markets on Monday after the US bombed Iran on the weekend, but trading was muted due to uncertainty, timing, and optimism.

The US bombed Iran. Now, the whole world is watching the Strait of Hormuz.

All eyes are now on the Strait of Hormuz, a 90-mile strip critical to global oil prices.

The US military dropped new photos of the Operation Midnight Hammer B-2 Spirit bombers

The US Air Force released photos and imagery showing the stealth aircraft preparing to bomb Iran and returning back to base.

Jeff Bezos and Lauren Sánchez's wedding guest list: A-listers arrive in Italy to celebrate

Ivanka Trump, Diane von Furstenberg, and Jared Kushner have arrived in Venice for the multiday wedding of Jeff Bezos and Lauren Sánchez.

Iran's military strength is a fraction of Israel's. Tehran still has 3 key cards it can play if the ceasefire falls apart.

Iran retains several strategic options should the fragile ceasefire with Israel, first announced by President Donald Trump, collapse. None are good.

Strikes on Iran showed the need for stealthy submarines that can launch a whole lot of missiles. The US Navy is about to lose that.

A guided-missile submarine launched 30 cruise missiles into Iran. The US will retire subs key to that capability.

If you think your job is hard right now, try working in HR

Unceasing layoffs, return-to-office mandates, immigration raids, and a need to help everyone master AI are among the latest challenges upending HR.

Qatar shielded a US base from Iranian missiles. Here's what's in their air defense arsenal.

Qatar has some of the world's most advanced air defenses and said they "successfully thwarted" an Iranian missile attack.

Check out the exclusive pitch deck defense tech startup Onebrief used to raise new cash at a $1.1 billion valuation

Onebrief raises $20 million, boosting its valuation to over $1 billion, as its AI platform streamlines military planning amid defense tech boom.

Not just stealth bombers: Trump says F-35 and F-22 stealth fighters were part of the Operation Midnight Hammer strikes on Iran

The disclosure sheds new light on which fifth-generation aircraft participated in Operation Midnight Hammer last weekend.

The top US general says Iran likely never saw the B-2 bombers that hit its nuclear sites. Here's why they might have gone undetected.

The operation against Iran's nuclear sites likely took advantage of the stealth capabilities of B-2s, as well as other conditions.

Notice a red sticker on a Dollar Tree item? It means the price is going up

Dollar Tree is raising prices to $1.50 on some items that used to cost $1.25. Employees are putting red stickers over items to note the change.

Tesla's long-awaited robotaxi rollout faced bumps in the road

The first Tesla robotaxi rides were available on Sunday. It came at a turbulent time for Elon Musk.

15 of the best and worst outfits Usha Vance has worn as second lady

Usha Vance's best looks as second lady have been effortlessly stylish, though not every outfit has matched the occasion.

The clock's ticking on codifying DOGE cuts into law

Lawmakers have until July 18 to pass $9.4 billion in DOGE cuts. Several GOP senators are sounding skeptical about it.

Photos show the aftermath of airstrikes in Israel and Iran after 12 days of war

Israel and Iran agreed to a ceasefire on Tuesday after 12 days of airstrikes and missile attacks. Photos show damaged sites in both countries.

Top US general says roughly 15 years of planning to defeat Iran's most fortified nuclear site centered on this massive 30,000-pound bomb

Seven B-2 stealth aircraft dropped a total of 14 GBU-57 bunker-buster bombs on Iranian nuclear sites last weekend.

Florals, animal print, and loud luxury are in at the Bezos wedding, with some outfits costing nearly $10,000

Lauren Sánchez isn't the only person dressing to impress at her wedding events this week. Celebrities and business people are embracing loud luxury.

European drivers can't get enough hybrids and EVs — but that's still not helping Tesla

European EV and hybrid sales are booming. Yet, Tesla's market share is shrinking, falling 45% in the first five months of this year.

How Israel used Iran's massive attacks to enhance its top ballistic missile shield

Israel's Arrow air defense system intercepted 90% of the Iranian missiles that it targeted this month, its chief engineer told BI.

Gavin Newsom demanded $787M from Fox News in his defamation lawsuit. The number isn't a coincidence.

The California governor's lawsuit against Fox News cites its settlement with Dominion, as well as Donald Trump's case against CBS.

'A graveyard of companies': Climate tech startups are feeling the heat from Trump 2.0

Climate tech founders in the US say they're pivoting to new markets in light of Trump's tax credit cuts.

I was in Venice for George Clooney's wedding. Jeff Bezos' feels completely different — and not in a good way.

A woman who owns an art gallery in Venice told Business Insider there are many reasons she's not happy that Jeff Bezos is in Venice for his and Lauren Sanchez's wedding.

The Pentagon stripped the name of gay rights icon Harvey Milk from a Navy ship. Here's what it's called now.

The Pentagon said it's done with "political" ship naming. The move follows a number of name changes at US Army bases.

Italians in Venice told me how they really feel about Jeff Bezos and Lauren Sanchez's wedding

A Business Insider reporter visited a branch of the iconic Rosa Salva patisserie in the most touristic part of Venice to chat with locals about the Bezos-Sanchez wedding.

From podcasts to fatherhood, here's how CEOs are using AI

Tech CEOs are obsessed with AI. Microsoft's Satya Nadella uses it for podcast-listening, and OpenAI's Sam Altman consults it for fatherhood advice.

Trump's Big Law executive orders go 0-4 after judge slaps down order against Susman Godfrey

Judge Loren AliKhan in a Friday ruling found the Trump administration's order against Susman Godfrey unconstitutional, bringing Trump's record to 0-4.

I'm a drag queen in NYC whose bookings for Pride Month have plummeted this year. I'm trying to work smarter, not harder.

Drag queen Brita Filter, 39, says she's never had this much downtime in June during Pride month, with corporate bookings drying up.

Inside Jeff Bezos and Lauren Sánchez's Venetian vows

In this Saturday edition of Business Insider Today, we're talking about the Bezos wedding, successful men's morning routines, and luxury gyms.

Trump teases a buyer for TikTok: A group of 'very wealthy people'

Trump said the potential TikTok buyer was a group of "very wealthy people" that he would reveal in "about two weeks."

Elon Musk calls Trump's spending bill 'utterly insane' as Senate gears up for a vote

Elon Musk criticized Trump's revised spending bill, especially its impact on clean energy production, in multiple X posts over the weekend.

The CEO building the 'Ikea of factories' wants to democratize semiconductor production

Semiconductor factories are massive, expensive, and take a while to build. Brooklyn-based Nanotronics wants to change that with modular fabs.

The summer is looking grim for millions of student-loan borrowers behind on payments

Millions of student loan borrowers are facing potential wage garnishment this summer if they don't take the complicated steps to avoid default.

Elon Musk vows to defeat Republicans who back Trump's megabill 'if it is the last thing I do'

Elon Musk is back on a tear against President Donald Trump's megabill, and is now threatening to oust Republicans who vote for it.

Billionaires shouldn't exist, says Zohran Mamdani, as he runs to be mayor of the world's billionaire capital

Democratic candidate for New York City mayor Zohran Mamdani said, 'what we need is a city where every single person can thrive.'

There's already a Musk versus Trump election next year

It didn't take long for Trump and Elon Musk to end up on opposite ends of an election.

US Air Force will shift funds from a nuclear missile program for $400 million refit on Trump's Qatar jet

The Pentagon is set to use funds from the US's Sentinel intercontinental ballistic missile program to refit a jet gifted to Trump by Qatar.

Trump's NJ golf courses can sell liquor for 6 more months, but he can't pocket the cash just yet

Trump is barred from pocketing liquor-sale proceeds from his Bedminster and Colts Neck golf clubs. It's a ban one legal expert called "peculiar."

Trump suggests DOGE should 'take a good, hard look' at government contracts with Musk's companies

He said on Truth Social the US could "save a fortune" if there were "no more rocket launches, satellites."

Elon Musk is ripping the GOP and Trump's 'big, beautiful bill' again. Here's how it all went down.

"If this insane spending bill passes, the America Party will be formed the next day," Musk wrote in an X post on Monday.

A Federal Reserve president thinks fears of a 1970s-style stagflation are overblown

Austan Goolsbee doesn't think that stagflation is possible in the near term, despite rising geopolitical conflicts and tariffs.

Ray Dalio warns that politicians can't solve the 'debt bomb problem' without serious voter blowback

"To me, that's a tragedy," Dalio wrote in an X post on Monday.

Businesses are scrambling to keep themselves safe against AI's evolving threats

Watch out for fake job candidates, fake recruiters, and fake sales. America's small business owners are being swamped by scammers.

The 15 college majors with the highest unemployment

Recent college graduates in about a dozen college majors had unemployment rates above 5% in 2023, an analysis from the New York Fed showed.

The play-by-play of the 24-hour war of words between Elon Musk and Donald Trump

Here are the key quotes to understand how the past 24 hours (and counting) unfolded between the president and Elon Musk over the Big, Beautiful Bill.

TikTok employees brace for more 'organizational and personnel changes'

TikTok told its global e-commerce staff it would announce "organizational and personnel changes" on Wednesday, per a memo viewed by Business Insider.

What top people in media and politics are saying about Paramount's settlement with Trump

Media and political insiders react to Paramount's settlement with Trump, questioning its potential impacts on the Skydance merger and press freedom.

The latest Musk-Trump feud is a 'nail in the coffin' moment for Tesla, investor Ross Gerber says

Elon Musk reigniting his feud with the president is "stupid," according to longtime Tesla investor Ross Gerber.

Paramount is paying $16 million to settle Trump's '60 Minutes' lawsuit

Paramount did not include an apology or a statement of regret when settling the lawsuit, it noted late Tuesday.

Elon Musk says his DOGE chainsaw stunt onstage 'lacked empathy'

"Milei gave me the chainsaw backstage and I ran with it," Musk wrote on X.

TikTok cuts more e-commerce workers as rolling layoffs continue. Here's what the company is telling staffers.

TikTok is letting go of some workers in its e-commerce division, one of several rounds of job cuts in 2025.

The federal government looks like it is taking a page out of Big Tech's playbook

A federal worker memo that says "poor performers" will be cut is the latest sign that the government is mimicking tech company behaviors.

Elon Musk is threatening their political careers. Republicans say they aren't sweating it.

Elon Musk said he'd go after anyone who voted for Trump's "Big Beautiful Bill." Republicans on Capitol Hill say they aren't worried about it.

4 takeaways from Tesla's latest sales report

Wall Street doesn't seem spooked by Tesla's Q2 sales report, which showed a 13.5% year-over-year drop in EV deliveries. Analysts explained why to BI.

The new Gilded Age: For billionaire weddings, discretion is out and consumption is in

The displays of wealth and power at the recent weddings of billionaires, like Bezos-Sánchez's nuptials, are a callback to the Gilded Age.

Anduril CEO Palmer Luckey's new digital banking startup set to be valued at $2 billion, sources say

Erebor, a digital bank for startups and cryptocurrency companies founded by Anduril CEO Palmer Luckey, is raising money from 8VC and Founders Fund.

Trump is going after Jerome Powell again, calling on the Fed chair to resign

Trump amplified calls for Congress to investigate Powell on the Fed's headquarters renovation.

Trump didn't just cut a deal with Vietnam — he was targeting China, too

President Donald Trump announced a trade deal with Hanoi that would levy 20% on imports and a 40% tariff on transshipment from Vietnam.

Trump reaches a deal with Vietnam, but some of your favorite brands still face a 20% tariff

Your favorite Lululemon leggings and Nike sneaker could soon see price hikes after Trump's Vietnam deal left tariffs on the major exporter at 20%.

How Trump wants to narrow a major student-loan forgiveness program that millions of borrowers rely on

The Department of Education completed negotiation sessions with stakeholders on carrying out Trump's order to limit Public Service Loan Forgiveness.

4 ways Trump's 'Big Beautiful Bill' could impact your wallet

The "Big Beautiful Bill" is set to become law. Here's what it means for taxes, Medicaid, student loan forgiveness, and more.

The 'Big Beautiful Bill' is headed to Trump's desk

After weeks of work, the House passed the Senate version of the megabill on Thursday, sending it to Trump's desk to sign.

What's next for Diddy's empire

Sean "Diddy" Combs may have dodged a possible sentence of life in prison, but he's not a free man yet.

'The Social Network' is getting a sequel. Here's our dream cast.

"The Social Network 2" will be directed by Aaron Sorkin and will delve deeper into our obsession with social media.

The Bulwark's top editor shares how the anti-Trump site tripled its subscriber base in a year — and why it's betting on YouTube

Anti-Trump news website The Bulwark has rapidly grown since the 2024 election. Top editor Jonathan V. Last shared what's next.

Europe's top negotiator says it's impossible to get a trade deal done by Trump's July deadline

Ursula von der Leyen said it was "impossible" to cut a detailed trade deal by July 9 because of the sheer volume of trade between the EU and the US.

These 4 charts show where the hedge fund industry is midway through 2025

How the hedge fund industry is navigating choppy markets, geopolitical tensions, and artificial intelligence trends.

The CEO of a key SpaceX rival says customers are drawn to his company because it's 'even-keeled'

With Elon Musk on the political outskirts, Rocket Lab CEO Peter Beck told BI customers value his company's simple focus on rockets and satellites.

Trump's America First tariffs are raining on America's birthday parade

From fireworks for parades to beef for cookouts, higher prices are making July 4 parties a little more expensive.

The US needs to reinvent manufacturing for the AI age, or risk losing out to China, Marc Andreessen warns

Marc Andreesen called for massive investment in "alien dreadnought" factories, a term Elon Musk has repeatedly used in reference to Tesla's robots.

Here are all the EVs that are set to get more expensive now that the 'Big Beautiful Bill' has passed

The US House of Representatives voted to kill off the $7,500 tax credit for new electric vehicles by passing Trump's "Big, Beautiful Bill."

A conservative crackdown on advertisers has forced a 'brand safety' reset

Government investigations and civil lawsuits have remade the world of "brand safety "during the second Trump era.

Elon Musk says he's formed the 'America Party' after a July 4 poll on X showed support

Tesla CEO Elon Musk has been a harsh critic of President Donald Trump's spending bill, which was signed into law on July 4.

Trump trade advisor bashes Tim Cook for Silicon Valley's 'longest-running soap opera'

Trump advisor Peter Navarro said it's "inconceivable" that Apple couldn't move manufacturing out of China, as Trump remains angry with Tim Cook.

Trump calls Musk a 'train wreck' and dismisses the idea of a third political party

Trump said third political parties "have never succeeded in the United States" because "the system seems not designed for them."

Vox populi, vox dei — Elon Musk loves polling people on X. Here's a list of polls he's done, and what happened after.

Musk has conducted polls on whether he should sell his Tesla stock or to reinstate President Donald Trump to the platform.

Trump punted on tariffs, again. Here's where trade talks stand after the reset.

Donald Trump's top trade negotiators have added more time to the clock after the White House failed to reach its 90 deals in 90 days target.

Trump threatened additional tariffs for countries aligning with 'anti-American' BRICS policies

On Sunday, the BRICS group issued a statement condemning US and Israeli military strikes on Iran, a BRICS member.

Federal lawyers face a very different job market

Recruiters and lawyers in and outside government told BI that it's increasingly hard to move from public to private sector work.

Why it's a smart time to buy an EV

Trump's Big Beautiful Bill is set to end the Biden-era $7,500 tax credit for new EVs, and up to $4,000 credit for used ones, on September 30.

What Ukraine's air defenders and first responders are seeing in Russia's deadly double-tap strikes

Russia has been using drones and missiles to strike targets, wait some time, and then hit the same spot later.

Trump says Ukraine will be getting more weapons from the US after all

"We have to. They have to be able to defend themselves," Trump said of Ukraine.

Trump announces US will resume sending weapons to Ukraine

After conversations with both Volodymyr Zelenskyy and Vladimir Putin, Donald Trump says the US is going to send more weapons to Ukraine.

Supreme Court green-lights mass firings at federal agencies

The Supreme Court issued an order that effectively allows the Trump administration to proceed with plans for widespread layoffs at federal agencies.

Trump wants a sovereign wealth fund for the US — the CEO of the world's largest says it's not so simple

Political instability and funding issues are major challenges that need to be overcome, the CEO of Norway's sovereign fund said.

Elon Musk loses $15 billion in net worth after Tesla stock sinks

The world's richest man's latest political activities prompted a brutal sell-off of Tesla stock as investors question his focus on the company.

Elon Musk isn't the first businessman who's tried to challenge America's two-party system

From independent presidential bids to third-parties, several prominent businessmen have tried to upend America's two-party system in recent decades.

Startup founders and others in tech call on Sequoia Capital to act after a partner called Zohran Mamdani an 'Islamist'

Self-described tech workers and founders are petitioning the venture capital company to take disciplinary action over a partner's comments.

The Great Cable TV Garage Sale continues: Now Lifetime, A&E, and the History Channel are on the block

Cable TV networks are declining, but they still generate profits, for now. The trick is figuring out what to do with them.

A big change to student loans in Trump's spending bill could make it harder to become a doctor or lawyer

Trump's "big beautiful bill" that he just signed into law places new caps on student loans for medical and law school.

The America Party is right out of the 'Musk playbook'

Elon Musk's America Party is the latest example of the CEO jumping into action to solve what he views as a problem — regardless of the odds.

Bloomberg made a rare cut to staff in a newsroom overhaul. Read the memo breaking down the changes.

Bloomberg announced a newsroom reorg and staff cut but said it would end the year with more employees.

Sam Altman rolled up to Sun Valley to some burning questions on Zuckerberg, Musk, and Trump

Altman said he was "looking forward" to meeting Zuckerberg at the conference. Zuckerberg and Meta have been poaching OpenAI's researchers.

The career rise of Linda Yaccarino, from NBCU intern to leading Elon Musk's X before stepping down

From her early days as an intern at NBCU to getting hired by Elon Musk to be CEO of X, follow Linda Yaccarino's career rise.

How Trump's immigration crackdown is reshaping financial industry hiring, travel, and dealmaking

Investors and dealmakers may not be the obvious targets of Donald Trump's immigration policies — but the impact on Wall Street is being felt.

What we know so far about how federal job cuts could play out

Federal agencies could choose to fire workers en masse or offer options like buyouts. Here's what we know about how and when it could happen.

8 million student-loan borrowers enrolled in Biden's affordable repayment plan are about to see their balances grow again

Trump's Department of Education is restarting interest charges for student-loan borrowers enrolled in the SAVE plan, which has been blocked in court.

Trump is throwing a wrench in group travel this summer

Anxieties about Trump's border policies are throwing a wrench into travel plans for couples and families with different immigration statuses.

Top White House aide sold at least $1 million in Truth Social stock the day before Trump's April tariff announcement

Dan Scavino sold off at least $1 million in Truth Social stock on April 1, while Sergio Gor sold at least $15,000 a few days earlier.

Fear and denial in DC: Federal workers are reeling as Trump gets go-ahead to continue firings

Business Insider spoke with 16 federal workers after the Supreme Court decision that will allow federal staff cuts to continue.

Companies have plans for extreme weather and workplace violence. Now, some are planning for ICE raids, too.

As ICE agents raid workplaces across the country, some companies are calling on HR and legal experts to develop a plan.

Today's VCs have become extremely polarizing. It's good for business.

It's not just Shaun Maguire. Venture capital has entered a new extreme of the 'fame game'

Investors grow restless as Tesla inches toward key shareholder meeting deadline — and risks violating Texas law

Tesla has yet to schedule its annual shareholder meeting in accordance to Texas law four days ahead of the deadline, and investors are restless.

DOJ ends probe into T-Mobile's $4.4 billion merger 2 days after the company committed to end DEI policies

T-Mobile said in a July 8 letter to the FCC that it would end its DEI-related policies "not just in name, but in substance."

Here are the biggest companies that have followed Elon Musk out of Delaware

Elon Musk urged companies to ditch Delaware last year after a judge voided his $55 billion pay package.

The new movie about OpenAI's Sam Altman sounds a lot like 'The Social Network.' Should he care?

Amazon's "Artificial" film about OpenAI and Sam Altman is set to debut next year. It sounds a lot like "The Social Network." Should Altman be worried?

Jamie Dimon says markets are 'complacent' about the chance of surging US interest rates

Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.

Satellite images show damage at the US base Iran attacked with ballistic missiles — one of which hit it

An image from June shows a scorch mark where a geodesic dome used to be at Al Udeid Air Base in Qatar.

Social Security is rerouting staff to man the phone lines — and hiding how long callers are waiting

The Social Security administration is moving some workers to do teleservice work and address their most pressing needs.

The executives behind Palmer Luckey's new digital banking startup Erebor include banking, politics, and Big Law vets

Senior staff at Erebor, a tech-focused banking startup, have worked at Palmer Luckey's family office, in tech startups, and at other banks.

TikTok poached Amazon employees to jump-start its US business. Now it's doubling down on its Chinese roots.

TikTok drew on the Amazon playbook to launch its US e-commerce business, but now it's betting its future on staff with roots in China.

Canada would suffer the most economic damage under Trump's tariffs, new Yale report shows

Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.

How to get your manager to tell you if a layoff is coming

If you're stressed about layoffs, you're not alone. Career experts say there are subtle ways to see if you might be on the chopping block.

2 former Fed economists say Chair Jerome Powell is facing an epic conundrum

It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.

What it takes to be a thriving Amazon seller making seven figures

In this Sunday edition of Business Insider Today, we're talking about an exclusive Facebook group for Amazon sellers, DOGE cuts, and outspoken VCs.

Cryptoprivacy on trial: jury to decide if Tornado Cash's Roman Storm is a $1B money launderer or a free speech hero

Accused crypto-launderer Roman Storm says he's just a software engineer. The DOJ says his Tornado Cash tool helped Kim Jong Un launder millions.

Trump says he wants to send Patriot batteries to Ukraine. One country might be down to pay for them.

Trump said he wanted to send more Patriot batteries to Ukraine, but under a program where NATO would "pay us 100%" for weapons.

Mark Cuban says some of NYC mayoral candidate Zohran Mamdani's key policies don't 'have a chance'

Mark Cuban told BI that he doesn't plan to publicly support any of the mayoral candidates.

Justice Department tells Supreme Court not to toss the sex-trafficking conviction of Ghislaine Maxwell

The Justice Department and FBI said it would no longer release Jeffrey Epstein files, reigniting interest in Ghislaine Maxwell's trial.

Air defenders like the Patriot soldiers who shot down Iranian missiles are becoming a 'new tip of the spear,' Army secretary says

Air and missile defenses, like Patriot battalions, are growing more important for the Army.

As warehouse market staggers, Brookfield makes a bold $428 million move

Brookfield bets on older, lower-cost warehouses as trade uncertainties and oversupply cloud the outlook for industrial storage.

China is the Pentagon's top challenge. Here's what the Army says it's doing about it.

The Army is working on new tech, drones, autonomy, better decision-making, and more to deter and prepare for conflict with China.

Apple's latest message to Trump: We're buying American magnets

Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, specifically for Apple devices.

Obama slams Big Law attorneys who won't fight Trump because they want to 'finish that kitchen rehab' at their Hamptons homes

"I'm not impressed," former President Barack Obama said at a private fundraiser.

Howard Lutnick says he's fine with Nvidia selling its 'fourth best' AI chips to China

Nvidia announced it has received the OK to resume selling its pared down H20 chip in China.

Inflation surged more than expected in June

Inflation is speeding up after a period of cooling down earlier this year.

A Gen Xer self-deported to Mexico after 36 years in the US for a safer, more affordable life: "I feel a sense of relief"

Faced with the risk of ICE detention, Regina Higuera decided to leave her family behind in the US to move back to Mexico.

Jensen Huang says the US needs to win a key people battle with China

Nvidia CEO Jensen Huang says the US must win over global AI developers — especially the 50% in China — to lead the future of AI.

5 stats that show where BlackRock is — and where the world's largest asset manager is going

Larry Fink's firm has brought in more than $150 billion in net inflows this year.

Trump says he made a deal with Coca-Cola. It'd turn all Coke into Mexican Coke.

In a Truth Social post, President Donald Trump said he'd made a deal with Coca-Cola to replace corn syrup with real can sugar in its Coke drinks.

'Black Swan' author Nassim Taleb tells BI he agrees with Elon Musk on debt, saying a 'crisis' is looming

Author Nassim Nicholas Taleb said the interest on the US debt is a huge burden, and called out Trump's tariffs and the dollar's decline.

The Brazilian rival to Boeing and Airbus warned that Trump's planned 50% tariffs will hit it as hard as COVID-19

Donald Trump has proposed huge levies on Brazil, prompting an outspoken response from the CEO of Embraer, which builds vital regional airliners.

Russian officials say they aren't worried about Trump's 50-day tariff ultimatum

"We are coping, and I have no doubt that we will cope," said Russia's foreign minister, Sergey Lavrov.

A CEO explains how he cut his battery chain's reliance on China and plans to offset the latest tariffs

Batteries Plus CEO Scott Williams said the chain has reduced its reliance on Chinese suppliers for car batteries in order to minimize tariff costs.

Goldman's CEO is finding his groove after years of challenges. Here are 4 reasons David Solomon is optimistic.

David Solomon struck an upbeat note in Goldman's earnings call. Here are 4 reasons he's optimistic, from the return of big deals to AI.

American students are applying for British universities in record numbers after Trump's college crackdown

A record 7,930 US students applied to UK universities for the fall, as President Donald Trump targets elite American colleges.

Hey Donald Trump: Netflix says it loves making TV shows and movies in America.

Donald Trump has complained about media companies making movies outside the US. Netflix just emphasized how much of its production happens in the US.

Student-loan borrowers are at high risk if Trump dismantles the Department of Education, 11 organizations told Elizabeth Warren

Education organizations told Sen. Elizabeth Warren that Trump's plans to dismantle the Department of Education will harm student-loan borrowers.

An F-35 stealth fighter has been stuck in a country not cleared to access the tech for over a month

One of the advanced jets has been stranded in India following an emergency landing, highlighting a risk of deploying top tech overseas.

Travel is big business for the US. Trump's policies are making it more costly and less appealing, just before the FIFA World Cup.

Trump's policies are making it more expensive and less appealing for some international travelers to visit the US right before the FIFA World Cup.

Mark Zuckerberg and other Meta executives settle $8 billion privacy lawsuit over Cambridge Analytica, ending trial

Meta shareholders demanded that Mark Zuckerberg and other executives pay them $8 billion for mishandling the privacy of Facebook users.

Some businesses have held off on hiking prices, but this might not last for long

Businesses across the board told the Federal Reserve that tariffs have increased their costs either modestly or pronouncedly.

What are hundreds of Marines still doing in LA? Not much.

With half of the 4,000 National Guard troops departing, 700 Marines appear set to stay in LA. Here's what they are doing.

Jerome Powell defends $2.5 billion Federal Reserve renovation project amid criticism from the Trump administration

Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over interest rates.

A court docket says Trump is suing Murdoch, but there's something weird

Donald Trump threatened to sue over a Wall Street Journal story that linked him to Jeffrey Epstein. A docket appears, but something's off.

Trump is beginning to implement his sweeping student-loan repayment changes

Trump's Department of Education is starting to implement student-loan repayment changes from the "beautiful bill," including limits on debt relief.

Federal workers say they're exhausted, anxious, and left in the dark after 6 months of DOGE

6 months into DOGE, Business Insider spoke with 22 federal workers who stayed. They're mourning fired colleagues and trying to find a way forward.

Americans are hungry for a third party — but not one created by Elon Musk

Several polls this week found that while many voters would consider joining a third party, far fewer are interested in one created by Elon Musk.

I went to the 'save America' conference in Detroit, where patriotic founders vied for VC dollars

Patriotic founders and venture capitalists gathered at the Reindustrialize Summit in Detroit to discuss rebuilding America's manufacturing base.

Wall Street's plans for stablecoin, from Goldman to JPMorgan

Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress head to the White House.

Supersonic flight is on its way back. I went on board the first Concorde, where it all began.

I went on board the first Concorde prototype, and one of the last built, at a Paris museum. Boom's Overture means supersonic flight could soon return.

Trump's $10 billion suit against Rupert Murdoch could force him to reveal more about his ties to Jeffrey Epstein

If Donald Trump's defamation suit doesn't settle, the discovery process could reveal new details about his ties to Jeffrey Epstein.

Life after DOGE

Six months after DOGE, six former federal workers reflect on losing their jobs, what they're doing next, and their advice for people in similar boats.

Lawmakers typically get a month off for 'August recess.' Trump wants to cancel it this year.

Congress is typically out of session for the whole month of August. Now, Trump wants them to abandon those plans and stay in DC.

White House pulls The Wall Street Journal from Scotland press pool over Trump-Epstein story

The White House said The Wall Street Journal would not be in the press pool traveling with Trump to Scotland due to its report on the Epstein letter.

Why Nate Silver turned down a 'Daily Show' appearance

Nate Silver turned down a chance to appear on "The Daily Show" last fall. He was doing a book tour. That shows how far late-night TV has fallen.

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and the potential for higher inflation.

5 reasons Wall Street is in chill mode

Key US indexes have been hitting record highs on a winning streak post "Liberation Day."

Wall Street is eyeing more challenges for Tesla heading into its 2nd-quarter earnings report

Tesla faces a handful of challenges heading into Q2 2025 earnings, with Wall Street eyeing weak demand and Elon Musk's politics as headwinds.

Trump and Jimmy Kimmel are trading barbs after Stephen Colbert's cancellation

Donald Trump and Jimmy Kimmel are beefing after CBS canceled Stephen Colbert's show. Trump said Kimmel would be next to go.

Jon Stewart suggests Colbert's cancellation is tied to Paramount's Trump settlement

Jon Stewart is questioning whether CBS's decision to cancel Stephen Colbert's late-night show was purely financial.

Coca-Cola plans to sell a US cane sugar version of its flagship soda this fall after pressure from Trump

Coca-Cola said Tuesday that it plans to launch a version of its flagship Coke made with US cane sugar this fall in response to "consumer preferences."

Jon Stewart defended his friend, Stephen Colbert, in an f-bomb filled monologue against CBS and the Trump administration

Stewart said CBS was hoping to get into President Donald Trump's good books by cancelling The Late Show with Stephen Colbert.

NASA veterans say political pressure and slashed funding are destroying mankind's ability to go on future missions

In a letter to NASA's interim chief, Sean Duffy, the group slammed "wasteful changes" that undermine NASA's core mission.

Every celebrity on Stephen Colbert's first 'The Late Show' since it was canceled

Stephen Colbert recruited celebrities including Adam Sandler for an Astronomer CEO kiss-cam spoof on Monday's "The Late Show."

Americans are mostly paying for tariffs — and price rises may be on the way, says Deutsche Bank

People overseas have so far paid very little for tariffs, with Americans bearing the brunt of the cost, per Deutsche Bank.

States with strict AI laws could see federal dollars withheld under Trump's new AI plan

The Trump administration's new "AI Action Plan" recommends withholding federal funding from states with "burdensome" AI regulations.

White House suggests Trump doesn't want Elon Musk's xAI to have federal contracts

The White House Press Secretary told reporters that she "doesn't think" Trump wants federal agencies to have contracts with Musk's AI company.

Donald Trump is suing Rupert Murdoch. That doesn't mean the case will make it to court.

Donald Trump's suit against Rupert Murdoch is extraordinary. NPR's David Folkenflik tells me whether it's likely to be successful.

Trump paused student-loan forgiveness for nearly 2 million borrowers on income-based repayment plans

Trump's Department of Education said it is temporarily pausing student-loan forgiveness under IBR plans to comply with ongoing court orders.

Tesla sales are nosediving in California, and it's dragging the state's entire EV market down

Tesla's registrations in the West Coast state fell more than 20% in the second quarter compared to the previous year, according to new data.

Billionaire Jeff Greene predicts house prices will soar once rates fall — and warns the US faces a 'downward spiral'

Real estate billionaire Jeff Greene sees a housing boom once interest rates fall, and says he's worried about the US debt and a lack of immigration.

I grew my career at TikTok from intern to global product marketing manager before quitting. Here's what working there was like.

Sarah Teng joined TikTok in December 2020 as as a technical product specialist. When she left in 2024, she worked on a global team.

Trump says he's not trying to 'destroy' Elon Musk's businesses by scaling back subsidies Tesla has thrived on

Trump is looking to set the record straight on his stance on Elon Musk's companies. The president said he wanted Elon's businesses to "thrive."

Trump and Powell can't agree on numbers, and it's more than just interest rates

Aside from interest rates, the president and Powell are also not on the same page about the Federal Reserve renovation costs and inflation.

'South Park' mocks CBS and Trump shortly after striking a streaming deal with the network's owner, Paramount

Hours after CBS-owner Paramount announced a "South Park" deal, the show's creators showed they're not afraid to bite the hand that feeds them.

Tesla's terrible quarter hasn't stopped analysts dreaming big about its robot future

Elon Musk warned that Tesla could face "a few rough quarters," as it weathers shifting tariffs and the end of EV tax credits in the US.

Inside the whisper networks where laid-off coworkers job hunt and commiserate

Former coworkers are staying in touch by joining invite-only groups to vent, grieve, and help each other job search.

These Gen Zers are working to realize their American dream, but hit roadblocks without legal status

Young people brought to the US as children may get degrees and pay taxes, but without legal status they struggling to reach their American dream.

Jerome Powell isn't flinching from Trump. Leaders should take note.

Jerome Powell's leadership approach at the Federal Reserve focuses on calmness, consensus-building, and flexibility, said experts.

Trump wants to ban 'woke AI.' Here's why it's hard to make a truly neutral chatbot.

Trump's order to ban "woke AI" calls for model neutrality — but that's a big challenge for AI companies.

Trump's FCC approves Skydance-Paramount merger — with conditions about the company's content

The FCC said it approved Skydance's $8 billion acquisition of Paramount Global and that the company agreed to content conditions.

Peter Thiel's political hiatus is over. Here's where his money's flowing now.

Thiel recently said that he's "schizophrenic" about political giving, saying that "it's incredibly important, and it's incredibly toxic."

Trump strikes a deal with the EU on tariffs

President Donald Trump announced the deal on Sunday in Scotland alongside European Commission President Ursula von der Leyen.

Meet the boomer homeowners who are sitting on their valuable properties because of a tax they hope is on the way out

"The way the law stands today, we're staying put in a home bigger than we need," one 81-year-old told BI. A bipartisan effort could change that.

Mark Cuban said the Trump administration needs to crack down on ads in AI models

"The last thing we need is to have algorithms designed to maximize revenue driving LLM output and interactions," Cuban wrote on X.

China says it wants the world to work together to govern AI. The US, not so much.

China has called for a new global organization to address the AI threat. Getting the US to the table might be a challenge.

Morgan Stanley sees a 'rolling recovery' underway that's set to drive the stock market up 12% by mid-2026

Earnings are in the midst of a "rolling recovery" that'll boost the S&P 500. AI, fiscal policy, and rate cuts will help the rally, Morgan Stanley said.

Photos show 'Golf Force One,' the Secret Service golf cart that accompanied Trump around his Scotland resort

Nicknamed "Golf Force One," the golf cart is one of many vehicles the Secret Service uses to protect the commander in chief.

Treasury Secretary Bessent says it's 'not the end of the world' if Trump's snapback tariffs go into effect on Friday

Time is running out for countries to reach an agreement to avoid Donald Trump's delayed tariffs.

Don't believe the hype about tariff rebate checks just yet

GOP senators dismissed the idea of sending tariff revenue checks to Americans, with one saying it's "the dumbest idea I've ever heard."

Was disgraced financier Jeffrey Epstein a spy? There's nothing about that in the Epstein files, sources say.

People who've seen the Epstein files say nothing in them backs up one of the biggest conspiracy theories about disgraced financier Jeffrey Epstein.

Automakers are starting to reveal how much Trump's tariffs are costing them

Jeep and Ram owner Stellantis became the latest automaker to forecast a heavy hit from Trump's tariffs on imported vehicles on Tuesday.

The Fed holds rates steady for the fifth time this year

The Fed announced it will leave interest rates unchanged in July, despite Trump and members of his cabinet pushing for a cut.

Reid Hoffman says the Democratic Party 'really did alienate' parts of Silicon Valley — and blue states could learn from red states

LinkedIn cofounder and Democratic megadonor Reid Hoffman has some harsh words for his party.

Apple's supply chain makeover just gave India a massive win over China

Apple's "China Plus One" strategy boosted India's export share, research shows.

A congressional stock trading ban just got closer to becoming law

Senators fiercely debate a bill to ban lawmakers from trading stocks, with one senator calling it "legislative demagoguery."

Oreo-maker Mondelez CEO says Americans are buying fewer snacks: 'There's a lot of consumer anxiety'

Shoppers are buying fewer snacks given worries about the economy and retailers stocking up on goods that could face tariffs, Mondelez said.

Apple is in need of a win as it reports earnings this week

Apple's Q3 earnings call on Thursday will reveal insights amid tariff challenges, AI developments, and iPhone demand. The stock is down 16% this year.

Is this TV's endgame? A discussion with analyst Rich Greenfield.

The TV business has been shrinking for years, which is why media companies are trying to sell their cable networks. What now? A top analyst tells me.

I toured the train car presidents used for travel before Air Force One. Climb aboard the 'White House on wheels.'

The Ferdinand Magellan, an armored train car, was used by US presidents before Air Force One. It has bulletproof glass and multiple guest rooms.

A 'South Park' episode that mocked Trump and CBS attracted almost 6 million viewers and broke a 26-year-old audience record

The episode, titled "Sermon on the Mount," poked fun at President Donald Trump, CBS, and its parent company, Paramount.

The effort to ban congressional stock trading has a Trump problem

Sen. Josh Hawley said he spoke to Trump on Wednesday after the president called him "second-tier" over his stock trading ban bill.

An investing guru explains why you shouldn't cash out if you think a crash is coming

Wealthfront's Burt Malkiel, an author and economist, told BI that it's "virtually impossible" to time the market, and buying meme stocks is gambling.

Trump says he gave new orders to US nuclear submarines in response to an ex-Russian president's 'foolish' talk

The US president hit back at Medvedev's "highly provocative statements" referencing nuclear capabilities. "Words are very important," Trump said.

Trump said he will fire Bureau of Labor Statistics commissioner hours after disappointing July jobs report

Trump said Friday he will fire Bureau of Labor Statistics Commissioner Erika McEntarfer following a disappointing jobs report.

8 million student-loan borrowers on Biden's SAVE plan now face interest charges again after a yearlong pause

Interest charges for student-loan borrowers on Biden's SAVE plan will resume. The Trump administration recommends they switch to a new repayment plan.

Trump says Powell is a 'moron' and calls for the board to 'assume control' of the Fed, soon after it kept rates steady again

Trump escalated pressure on Fed Chair Jerome Powell in a Truth Social post on Friday, urging the Fed's board to intervene and slash interest rates.

Justice Department ups the incentive for companies to rat out their own employees

The Justice Department introduced a new policy that takes some risk off the table for reporting employees potentially commiting crimes.

Prosecutors cite Diddy's freak offs in opposing his latest bail try: He's no 'ordinary John'

Bail? Not for Diddy, the feds say, turning the rap mogul's "just a John" argument on its head by dredging up the drugs and violence of freak offs.

China's military tried to buy Nvidia chips for AI servers and a robot dog, documents show

Chinese military records show attempts to buy banned Nvidia chips for its AI projects. Find out more about what they reveal.

A 'seismic' 39% tariff on Switzerland is rocking the watch world, and even pre-owned Rolexes could see price hikes

Trump's 39% tariff on Switzerland could spike luxury watch prices for both new and pre-owned pieces, impacting brands like Rolex and Cartier.

Student-loan borrowers on Biden's SAVE plan are struggling to plan for higher payments: 'We're all in limbo'

Some student-loan borrowers who benefited from Biden's SAVE plan voted for Trump. They say they're on edge now that they're facing higher payments.

AI bullishness is soaring, but pros see a major opportunity brewing in an overlooked corner of the market

Investors are gripped by euphoria for AI stocks, but they should look to a less frenzied corner of the market for budding opportunities, sources tell BI.

Trump says he'll name people to 2 jobs closely watched by Wall Street

The president fired the Bureau of Labor Statistics commissioner on Friday after poor job numbers. A Federal Reserve governor resigned on the same day.

Russia's inflation fight is working — at the cost of growth

In July, Russia's manufacturing sector posted its steepest contraction in three years.

A boomer couple wants to sell their 5-bedroom home. But they're delaying in hopes of avoiding at least $700,000 in taxes.

Joel and Kathryn Friedman, both 71, were encouraged by President Donald Trump's remarks in support of eliminating the capital gains tax on home sales.

More Europeans are flying to Canada than ever before, aviation data shows

Flights between Europe and Canada are scheduled to reach a record high this month, while both sides have been turning away from traveling to the US.

Palantir CEO Alex Karp takes a shot at elite colleges and says the company offers 'a new credential independent of class'

CEO Alex Karp dismisses elite education and says that those without college degrees "are creating a lot of value" using Palantir software.

Warren Buffett's Berkshire Hathaway is so big it's like a mini US economy. It just said where it's feeling the tariff pain.

Warren Buffett's Berkshire Hathaway said first-half revenues fell 39% at Squishmallows' parent company and 12% at Fruit of the Loom as tariffs loomed.

Trump's student-loan repayment overhaul could push borrowers out of the federal system. Democratic lawmakers want to know if private lenders are ready.

From new caps on student-loan borrowing to higher monthly payments, Sen. Elizabeth Warren said Trump's policies could benefit private lenders.

AI could be the US's secret weapon in the race to mine more minerals — if it can prove itself

In the US push for mineral independence, AI could support faster discovery and supply chain security, but skepticism in the mining industry remains.

Trump doubles down on his decision to fire BLS chief after disappointing jobs report

President Donald Trump continues to claim without evidence that the jobs report was "totally rigged."

The real problem with America's jobs data

President Donald Trump fired the commissioner of the BLS after a disappointing jobs report. It likely won't help the data get better.

Rupert Murdoch promises to give Trump 'regularly scheduled' health updates while staving off deposition

The deal between Rupert Murdoch and Donald Trump came in a lawsuit the president filed over an article about his relationship with Jeffrey Epstein.

Bowling alleys, movie theaters, and a $200 million ballroom: What first families have added to the White House throughout history

Throughout US history, first families have made the White House their own with new amenities and additions, from bowling alleys to basketball courts.

Welcome to brain rot summer

No breakout song, no runaway blockbuster: Summer 2025's biggest vibe is the lack of actual vibes

Palantir exec calls LLMs a 'jagged intelligence' and outlines the company's next steps in the AI race

Palantir outlined why its approach to AI is superior to normal LLMs, and explains how it plans to attract AI talents.

The key pillar of Russia's war chest is cracking. The timing couldn't be worse.

In July, Russia collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago.

Why nuclear is the center of the stock market's energy trade in 2025

Nuclear stocks surged this week on comments from a top official about putting reactors on the moon. It's just the latest rally for the sector in 2025.

Tim Cook just got what he wanted

Tim Cook presented Donald Trump with a special piece of Apple-made glass. Trump gave the tech giant something much better.

Trump's Truth Social is getting its own AI search engine — powered by Perplexity

An AI search engine powered by Perplexity is now available on Truth Social, Trump Media announced on Wednesday.

Diddy 'hopeful' about a possible Trump pardon after his camp reached out to the administration, attorney says

President Donald Trump recently suggested in an interview that it was unlikely he'd pardon Sean "Diddy" Combs.

Paramount's deal with Skydance is finally closed: Here are 6 questions for its new owners.

David Ellison has finally closed the Paramount-Skydance deal. Now what? He faces huge competition and a complicated political landscape.

Consumer spending may be up, but so is household debt, a new report from the New York Fed shows

As the economy sends mixed signals with a solid stock market and consumer spending, household debt and credit card bills are also rising

Rivian expects tariffs to increase car production costs by 'a couple thousand dollars per unit'

Rivian CEO RJ Scaringe said during Tuesday's second-quarter earnings call that US policies around EVs will impact Rivian's cash flow.

A South Korean shipyard just picked up a new repair job from the US Navy as it turns to allies to help fix the fleet

South Korean shipbuilders and the US are increasingly working together on fixing the Navy's fleet.

Trump's latest executive order banning 'debanking' takes aim at an industry that cheered his return

Trump's 'debanking' executive order targets financial institutions he believes are denying services to conservatives, including his family business.

'Potentially fatal': Crisis experts warn Intel not to stay silent after Trump calls on its CEO to resign

Crisis communications experts advise Intel to act swiftly after President Trump called on CEO Lip-Bu Tan to resign over national security concerns.

Japanese automakers Toyota and Honda take a big hit from Trump's tariffs

Japanese automakers were handed a reprieve when President Donald Trump said he would lower tariffs on Japan to 15% from 25%.

The bulk of Trump's tariffs are finally here. We broke down what the latest updates mean for you.

More of President Donald Trump's tariff plans have gone into effect, likely raising the prices you'll see on key goods.

Major US alcohol groups are begging Trump to slash tariffs before the holidays to keep them from losing $2 billion in sales

The Toasts not Tariffs coalition warned that the tariffs could result in a $2 billion sales dip and 25,000 American jobs lost.

Spain is passing on the F-35, looking instead at European fighters as anxiety over Trump has had US allies rethinking the jet

Spain said it would not go with the US-made F-35 and would instead look at options like Europe's Eurofighter and FCAS.

Katie Miller is leaving Musk World to start a podcast for conservative moms

Katie Miller was sending out communications messages for xAI, one of Musk's companies, as recently as last month.

Quant hedge funds start digging out of their hole

Computer-run managers like London-based Qube lost money in July, but enjoyed a strong end to the month.

Meet Stephen Miran, Trump's newest Federal Reserve Board pick

Stephen Miran has been serving as the Chairman of the Council of Economic Advisors. Trump said he would only serve at the Fed until January 2026.

Intel CEO Lip-Bu Tan breaks his silence after Trump calls for his resignation

Intel CEO Lip-Bu Tan defended his integrity and vowed to continue leading the semiconductor company through a "critical moment."

These visa holders reveal a program that can transform lives — and quickly unravel them

The H-1B visa can be a life changing opportunity for skilled immigrants in the US, but it comes with risks, too.

'Shark Tank' star Kevin O'Leary says he's not stressing about an AI bubble or tariff pain

Kevin O'Leary of "Shark Tank" fame told Business Insider that AI is "not the same hype that the internet bubble was," and tariffs aren't biting hard.

Diddy's bid to avoid prison: He'll become a domestic abuse counselor

Sean "Diddy" Combs' legal team plans to ask a judge that he serve no prison time. The mogul wants to counsel domestic abusers, his lawyer said.

Elon Musk's America Party is nowhere to be seen 1 month later

Musk hasn't taken key steps to establish a new party, and he gave millions to the GOP just days before he said he would launch the "America Party."

Patriot missile production is surging, but the demand is insatiable

Companies are surging Patriot missile production, but the demand from operators, and the West as it watches Russia and China, is tough to meet.

Chappell Roan's hit song 'The Subway' has sparked a tourism boom in Saskatchewan

Saskatchewan, Canada's prairie province, has seen a surge of interest from a cameo in Chappell Roan's song 'The Subway' as a place to heal heartbreak.

AT&T CEO laid out a new vision for the company's culture. Business Insider broke down the aftermath.

In this Sunday edition of Business Insider Today, we're talking about AT&T CEO's bombshell memo and what it means for workplace loyalty.

What the new China chip taxes tells us about doing business in Trump's America

Donald Trump is letting Nvidia and AMD sell some chips to China — but only if they pay a 15% tax. That's the opposite of Trump's tariff push.

Mark Cuban says the winners of the 2026 midterms are those 'already working' to integrate AI into their campaigns

The billionaire and 'Shark Tank' investor said those 'already working on how to integrate ChatGPT, Gemini, etc.' would win in the 2026 midterms.

Bad news for US shoppers: The cost of everything from laptops to cars is likely to keep rising

Consumers could be paying for 67% of the cost of tariffs by October — ahead of the holiday shopping season.

Officials say the US military command that okays hopefuls for service is creeping toward a crisis

Military Entrance Processing Command faces staffing shortages and budget cuts amid federal hiring concerns, risking its ability to process recruits.

Mark Cuban is lauding Trump for how the POTUS has handled China and Nvidia

Nvidia and AMD are expected to pay the US government 15% of their China chip sales revenues.

The data is in: Many Canadians are still avoiding travel to the US

Canadians traveling to the US was down year-over-year in July for the seventh straight month. The travel decline started at the beginning of the year.

Spirit Airlines warns it may not survive another year after huge losses

Spirit Airlines said there was "substantial doubt" about its ability to continue as a going concern, as travel demand has weakened and losses mounted.

Trump's pick for BLS chief has floated pausing monthly jobs reports. Investors and economists say it's a terrible idea.

E.J. Antoni, President Trump's pick to lead the Bureau of Labor Statistics, said it should suspend the monthly jobs report over accuracy concerns.

Inflation held steady in July, defying expectations for hotter price growth as tariffs come into effect

The inflation rate stayed at 2.7% in July after it climbed more than expected in June.

OpenAI and SpaceX are making it big without an IPO. That's bad news for young investors.

The hottest tech stocks are only trading behind closed doors. Gen Z wants in.

MAGA to Elon Musk: We want you back

Several prominent MAGA figures, including Vice President JD Vance, have said in recent days that they're willing to take Elon Musk back.

8 celebrities who left the US or are considering moving for political reasons

Celebrities like Ellen DeGeneres, Portia de Rossi, and Rosie O'Donnell are among the stars who have left America and moved elsewhere due to politics.

Elon Musk called on corporations to leave Delaware. Delaware says it's doing just fine.

Elon Musk urged companies to leave Delaware after clashing with its Court of Chancery last year.

Republicans are driving a historic low in alcohol consumption

Just 54% of Americans say they drink alcohol. That's the lowest level recorded in 86 years.

Forget tequila, cellphone plans are the hot way for celebrities to capitalize on their fame

More student-loan borrowers are falling behind on payments — and their paychecks are at risk

Borrowers in default should know about three options to return to good standing, along with Trump's repayment plan overhaul.

Goldman Sachs says the risk of stock-market decline has suddenly spiked

The S&P 500 is looking more likely to face a correction, thanks to the risks from tariffs and low volatility in the market, Goldman Sachs says.

The AI spending boom is boosting US GDP — and potentially hiding looming problems

Donald Trump has welcomed the news of massive AI-related investments, but the spending spree might be hiding troubling signs elsewhere.

Russia improved its missiles. Now, Ukraine's Patriots are struggling to consistently shoot them down, defense intel says.

The US-made Patriot air defense system is Kyiv's best tool for intercepting Russian ballistic missiles.

Russia is facing 2 major — and seemingly contradictory — labor problems at the same time

Russia's jobless rate is at a record low, but "hidden unemployment" is rising.

Taylor Swift says you should think of your energy like it's an expensive 'luxury item'

Taylor Swift said she maintains a healthy relationship with social media by ignoring a lot of what's written about her.

Vintage photos show how the military has evolved

From AI-assisted drones to computerized missiles, military technology has advanced greatly from the days of sword-fighting.

Rivian, Tesla, and Lucid say they face big losses as the Trump administration overhauls EV regulations

The three companies have warned that the end of a system that allows them to make money off EVs their rivals aren't selling will impact their profits.

Trump releases new rules to limit a major student-loan forgiveness program for public servants

Trump's proposal to narrow eligibility for Public Service Loan Forgiveness is now open for public comment.

The rise of the $1 a year AI deal

AI giants are trying to find every way to get their models in front of federal employees.

Russia put out an unusual propaganda video of a 'captured' US-made armored vehicle flying American and Russian flags in Ukraine

Russian state media footage shows the M113 armored personnel carrier driving into combat in the Zaporizhzhia region.

Three charts show Shein's big leaps in a key market ahead of its IPO

The fast fashion giant reported a more than 56% profit gain in 2024 compared to 2023 in the UK. It also nearly tripled its headcount in the country.

How Trump 2.0 is galvanizing European AI and defense tech

Europe is embracing AI sovereignty and doubling down on defense spending in response to the Trump administration.

We still don't know if Donald Trump is getting free ads from Paramount

Donald Trump claims Skydance's owners promised him millions in free ads so they could buy Paramount. A new report contradicts that claim.

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

SoftBank is investing $2 billion in Intel as part of its AI bet

Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.

Apple's Tim Cook is keeping his August winning streak going

Apple CEO Tim Cook kept his August winning streak alive as the US backed Apple against the UK in an encrypted user data dispute.

Sam Altman says there was a big reason OpenAI released its open-weight models

"It was clear that if we didn't do it, the world was gonna be mostly built on Chinese open source models," Altman said.

Coming soon to a data center near you? Nuclear reactors

Aalo Atomics raises $100 million to mass-produce nuclear reactors to power data centers amid the growing energy demand from AI.

Satellite images show Russia's new launch sites for exploding attack drones

The images show what seem to be launch rails, runways, hardened shelters, and Shahed-style drones at three bases in Russia.

A shipbuilding behemoth is rising in China. By scale, nothing else comes close.

The merger helps China consolidate its shipbuilding and centralize government control, putting it in a position to continue dominating the market.

The White House just joined TikTok a month before it's set to be banned (again)

The White House joined TikTok less than a month before it could face a ban, though Trump has already extended the deadline three times.

Why ESPN chief Jimmy Pitaro held back on streaming — until now

ESPN boss Jimmy Pitaro talks about balancing streaming vs. cable, the rise of sports betting, and diversity in the Trump 2.0 era.

The big buydown bet

Mortgage rate buydowns have become a mousetrap for homebuyers.

Parts of Europe are suspending postal shipments to the US — and your order may not arrive

Ahead of the end of a US customs exemption, some major postal service in Europe are suspending shipments to the US, or charging a large fee for it.

Appeals court tosses Trump's $500 million civil fraud penalty — but leaves a path open for appeal

A group of five New York judges struck down the fines issued by the trial court, finding it excessive — but couldn't agree on much else.

Budget airline Norse is axing half its US to Europe routes, making cheap Transatlantic travel more difficult

Norse Atlantic Airways is cutting six routes between the US and Europe as it struggles to turn a profit, instead focusing on taking Europeans to Asia.

Walmart says more tariff-driven price hikes are coming this year

Walmart said it managed to avoid some of the price hikes it expected last quarter, but its costs continue to increase each week.

Tired of waiting for Tesla's 'more affordable' car? Check out Nissan's new sub-$30K EV.

Nissan says its 2026 LEAF has the lowest starting MSRP for any new EV in the US. Its EPA-estimated range is up to 303 miles.

Older Americans in their 80s are applying for jobs — and hitting a wall

Older Americans who can't afford retirement say workplace ageism makes job searching futile. Some take part-time, low-wage work to stay afloat.

I worked at the DOJ for 18 years. Now I run a support network for employees navigating retaliation and job loss.

Stacey Young, a Justice Department civil servant of 18 years, founded Justice Connection to connect employees with alumni.

Trump says Intel agreed to a $10 billion deal with the US government, sending stock up over 6%

A US investment in Intel would be a remarkable development and a rare example of the government taking a stake in a private company.

8 takeaways from Ghislaine Maxwell's interview transcript with the Justice Department

In a two-day interview Ghislaine Maxwell was asked about her relationship with Jeffrey Epstein and conspiracy theories surrounding his life and death.

Fed's Powell hints at possible September rate cut in his biggest speech of the year

In his keynote Jackson Hole address, Fed Chair Jerome Powell spoke about the job market, inflation, and the central bank's future outlook.

Why South Korea's AI rollback in classrooms is a cautionary tale for the US

South Korea tried to enforce AI textbooks in all classrooms. Parents and teachers pushed back.

Denim drama: Gap and Lucky Brand go viral after American Eagle starts a jeans war

American Eagle, Gap, and Lucky Brand's star-studded jeans ads are going viral, sparking controversy or comparisons.

From gas stations to a controversial logo change: The history of Cracker Barrel in photos

The restaurant chain got its start in 1969 as a roadside stop for sit-down meals. It's since expanded to over 400 locations.

How 2 millennials with student debt are inching toward forgiveness while Trump seeks to narrow public service relief

"I felt compelled to serve the public," Matt Sembach, a former public defender, said. He's a year away from PSLF student-loan forgiveness.

A Harvard professor on why AI 'evangelism' is harming students' career prospects

"We need actual committed educators who are not the bible salesman version of AI at the front of the room," said Harvard professor Alex Green.

The Airbnb cofounder who just became the US's chief design officer is using the Apple Store's style as his north star

Joe Gebbia says he wants to "update today's government services to be as satisfying to use as the Apple Store."

The de minimis shipping rules are slated to change this week. Here's what that means for you.

The de minimis tax loophole for smaller US packages is coming to an end, which could mean higher prices and some postal services pausing their work.

Rivian CEO says it 'blows my mind' that the US auto industry is reprioritizing capital toward gas-powered vehicles

Rivian CEO RJ Scaringe said that the reprioritization of capital toward internal combustion engines would thin the EV market —offering an opportunity.

How a road trip from hell pushed 2 Tesla alumni to try to solve the 'Achilles' heel' of EVs

Range is already a major anxiety for EV owners taking long trips, and towing a heavy RV can cause an electric vehicle battery to drain even faster.

Ken Griffin has our attention. What is he going to do with it?

With a new worth of $48 billion, Griffin is using his foundation to shape the country, with a focus on Miami to start.

Trump is trying to fire a Fed governor. Here's what happened when other countries' presidents did the same thing.

President Donald Trump wants to fire Federal Reserve Gov. Lisa Cook. Here's what it means for inflation and interest rates.

Trump says he's removing Fed governor Lisa Cook 'effective immediately'

President Donald Trump posted a letter to Truth Social that said he removed a key official at the Federal Reserve, Governor Lisa Cook.

Lisa Cook plans to sue over Trump's attempt to fire her from the Fed, her lawyer says

President Donald Trump said he was firing Lisa Cook from her position on the Federal Reserve board, but it's unclear if he has the authority to do so.

$25 for that? Consumers are going elsewhere for lunch.

"Slop bowl" places like Chipotle or Cava were all the rage in the 2010s. Now, diners are opting for spots that offer more value.

Lamborghini CEO says consumers are holding off on buying high-end cars because of tariffs

Lamborghini boss Stephan Winkelmann said tariffs have customers wondering what 'final number' will be in place.

Inside Hawaii's rent-free, incredibly strict 'Forbidden Island'

Hawaiians live on this paradise island rent-free. So long as they don't drink, do drugs, or break any other of the old-world owners' old-school rules.

American Eagle turns to Travis Kelce for its next big A-list collab following its controversial Sydney Sweeney ad

Travis Kelce's partnership with American Eagle marks the brand's next collab after its Sydney Sweeney ad — and his engagement to Taylor Swift.

Donald Trump once threatened to jail Mark Zuckerberg. Now he's his ally.

Mark Zuckerberg made a well-publicized pivot to Donald Trump at the beginning of this year. It seems to be paying off.

Urban Outfitters says Trump closing the de minimis loophole won't hurt it — but it'll hit competitors like Shein

Urban Outfitters' chiefs said the closure of the loophole would lower sales of competitors like Shein, which will "only help" their company.

DOJ hammers Lisa Cook for not explaining mortgage document problems as Trump tries to push her out of Fed

Lisa Cook asked a judge to issue a temporary restraining order on President Donald Trump, ensuring she keeps her job at the Federal Reserve.

Trump's global tariffs are illegal, federal court rules. Here's why they'll remain in place.

A federal appeals court struck down President Donald Trump's sweeping tariff plan, ruling that he overstepped his executive power.

Small businesses worldwide — from sticker shops in Japan to beret sellers in New Zealand — are scrambling after Trump's tariff rule on small packages

Starting Friday, package deliveries to the US will face duties, prompting postal carriers of at least 25 countries to pause package deliveries.

The US Air Force's new mini-cruise missile, built for bringing mass to Ukraine's long-range fight, is taking off

The US is gearing up to sell 3,350 of the Extended-Range Attack Munitions it built for Ukraine's Air Force to strike deeper against Russia.

Are the billionaires ditching Burning Man?

Burning Man has become famous for attracting tech titans, but few have been seen on the Playa this year.

Protesters are targeting the Hamptons as part of a Labor Day weekend action against billionaires

Protesters disrupted the Labor Day weekend in the Hamptons as part of a nationwide action called "Workers Over Billionaires."

This couple quit stable Microsoft jobs over its oil and gas ties. Now they are pressuring it from the outside.

The Enabled Emissions Campaign aims to hold Microsoft accountable for its technology's impact on fossil fuel production.

He knew Greenland's melting ice better than anyone. Then he disappeared into it.

New details about the mysterious disappearance of Konrad 'Koni' Steffen, a pioneering climate scientist, who vanished on Greenland's melting ice sheet, raising urgent questions about climate change's dangers.

Trump's DOJ told companies how to avoid getting prosecuted. Here's how one company pulled it off.

The Trump administration made clear it doesn't want to prosecute corporations. Here's how one company got the best-case scenario.

It's now harder to qualify for SNAP benefits. That could be good for retail giants like Walmart.

Millions could lose SNAP benefits under new Trump administration rules, but retailers like Walmart may benefit from shifting grocery spending.

A consultant who helps wealthy Americans move to New Zealand shares 3 top reasons people are relocating

"Within maybe the first three sentences, the word Trump does come up," a relocation concierge said about a surge in American interest in New Zealand.

Ghislaine Maxwell joins Jen Shah at 'Club Fed.' The 'Real Housewives' star's prison consultant calls it a major upgrade.

Jeffrey Epstein's associate has moved to the same prison camp as Elizabeth Holmes and Jen Shah. It's an improvement, according to a prison consultant.

The Middle East is competing for wealthy expats with a surge of 'golden visas'

Oman joined the UAE and Saudi Arabia in the golden visa race with a $520,000 option, seeking to attract wealthy expats amid declining oil revenues.

Ukraine is keeping soldiers in Western training longer — betting on skill over mass against Russia

The head of Operation Interflex said he was impressed Ukraine chose to extend the training, as it could have simply said "we need recruits quickly."

The CDC is calling workers back to the office 5 weeks after the shooting at its Atlanta headquarters

CDC employees are being called back to the office by mid-September, following a shooting and significant internal changes at the agency.

The CEOs Trump has gone after

Trump has criticized a number of CEOs across industries during his second term. But they don't always stay in the doghouse for long.

From Trump vs. Powell to the AI talent wars, these are the biggest topics the business world is following this fall

From execs to staffers, the business world is closely watching Trump vs. Powell, the AI talent wars, major media deals, and more.

Europe's top central banker is the latest leading financial voice to issue a warning about Trump's battle with the Fed

Investors have grown jittery at President Donald Trump's moves to undermine the Federal Reserve's independence.

Joe Gebbia says the backlash he got from working at DOGE was depressing

"The hate mail text messages that I got were disheartening to say the least," Gebbia, who joined DOGE in February, said.

Influencers are among the winners of Trump's 'no tax on tips' policy

Digital content creators, alongside bartenders and waiters, will be able to deduct tip earnings from taxable income starting next year.

MrBeast has plans for a phone company in the mold of Ryan Reynolds' Mint Mobile

MrBeast has plans for a mobile phone company, following an MVNO playbook adopted by celebrities like Ryan Reynolds and the "SmartLess" podcast.

McDonald's CEO says restaurants that rely on tips are 'getting the customer to pay' for their employees

McDonald's CEO Chris Kempczinski said that the fast-food chain is at a disadvantage as other restaurants use tips to pay their workers.

The US Army is moving its new strike missile to a frontline Pacific ally, angering Russia and China

Japan will host the Mid-Range Capability, or Typhon, missile system next month, a ground-based launcher that can fire long-range missiles.

Tesla rejected 11 shareholder proposals on sustainability and accountability ahead of its annual meeting

CEO Elon Musk wants Tesla's shareholder meeting to focus on xAI, but many investors have other concerns.

Trump v. YouTube settlement talks quietly drag on, and a judge demands a public update

Trump's 2021 "censorship" suit against YouTube and Sundar Pichai has been in private settlement talks for months. The judge wants an update.

Fed Governor Lisa Cook 'did not ever commit mortgage fraud,' attorneys say

Lawyers for Fed Governor Lisa Cook said the alleged contradictions in her mortgage records were already disclosed to the government.

It's time to call it: The Big Tech backlash is formally over.

The ruling in the Google antitrust case means it's time to formally acknowledge that the US's push to regulate or break up Big Tech is basically over.

Hybrid work is still going strong — unless you're a federal worker

Federal workers have seen a massive shift from hybrid to fully in-person work since 2024. But broadly, hybrid work remains the most common model.

There's less than a month to get a $7,500 EV tax credit. Here's what you should know.

Drivers in the US have until September 30 to qualify for federal EV tax credits, which President Donald Trump axed as part of his "Big Beautiful Bill."

Trump says Elon Musk is 80% 'super genius' and 20% problems, and it'd be great if he could sort those out

"When he works out the 20% he'll be great," Trump said of Musk.

Elon Musk snubbed from invite list for Trump's Rose Garden event with CEOs

Trump is hosting his first event in the newly renovated Rose Garden. One notable tech leader didn't snag an invite.

Trump says Elon Musk doesn't have a choice but to return to the Republican Party

President Donald Trump said on The Scott Jennings Show that Elon Musk is a "man of common sense" who has no choice but to return to the GOP.

Bill Pulte scrapped a press conference about Lisa Cook ahead of reports that she's under criminal investigation

The Wall Street Journal first reported that a criminal investigation was opened into Lisa Cook. Bill Pulte cancelled a planned press conference ahead of the news.

Donald Trump redesigned the White House's Rose Garden. See how the space has changed over the years.

President Donald Trump's Rose Garden redesign is one of many decor changes he's made to White House. Take a look at the new "Rose Garden Club."

America's colleges are having an identity crisis

Today's college freshmen face sky-high tuition and debt, shaky career paths, and mixed messaging on AI. Universities are scrambling to respond.

From student-loan repayment changes to a new AI push in classrooms, here's what Trump has in store for the new school year

Students are going back to school while the Trump administration is pushing new policies for K-12 and higher education.

Trump is rebranding the Pentagon as the Department of War. Here are 5 other things he's renamed since he got back to the White House.

In January, he issued an executive order titled "Restoring names that honor American greatness." Take a look at five other things Trump has rebranded.

Sam Altman, Tim Cook, and other tech leaders lauded Trump at a White House AI dinner

Top tech executives from Google and OpenAI flocked to the White House for an AI education event and praised President Donald Trump over dinner.

By blowing up a suspected cartel boat, the US signaled it's bringing War on Terror tactics to the drug war

US officials said a deadly strike on a suspected drug boat in the Caribbean Sea this week marks the start of a new campaign.

Job growth badly missed expectations in August, and unemployment ticked up

The US added far fewer jobs in August than the expected gain of 75,000, while unemployment increased to 4.3%.

Federal judge dismisses Newsmax's 'shotgun' antitrust lawsuit against Fox News

US District Judge Aileen Cannon dismissed the lawsuit just two days after Newsmax filed it against Fox News and its parent company.

Former CNN media reporter Oliver Darcy says he wouldn't go back

Former CNN reporter Oliver Darcy says he wouldn't go back if the network came calling. That tells us something about the media moment we're in.

Adam Collard from 'Love Island' lost fat and got swole 11 years ago. 3 things helped him build muscle.

Adam Collard, now a personal trainer and gym owner, lost over half his body fat in his late teens.

Hyundai has for decades poured billions into America's South. Then ICE rattled its biggest US project yet.

The ICE raid on a Hyundai plant, one of the "largest" in history, is reverberating far beyond the rural Georgia town where it took place.

Pacific allies are ready to help fix US shipbuilding, senators say, but confusion is standing in the way

Duckworth and Kim said South Korea and Japan are ready to help, but Washington hasn't given them clear communication on what it needs.

Ken Griffin's policies-over-politics mantra is on full display in the billionaire's latest break with Trump

Ken Griffin says that the Trump administration's approach to pressuring the Fed is reminiscent of emerging markets.

Jared Isaacman reveals why he initially thought his since-rescinded offer to lead NASA was a scam

Jared Isaacman deleted calls about leading NASA because he thought they'd be "just a little bit more legit."

Businesses trying to drum up attention are finding themselves in the middle of culture wars

Companies going through rebrands are drumming up conspiracy theories from the public. It's not that deep.

Private markets are courting retail investors—but Blue Owl's CEO warns the road ahead may be rocky

CEO Doug Ostrover recalled Blue Owl's tough start selling to retail investors as more firms seek to break into this space.

From chemtrails to Cracker Barrel, Americans are creating wild conspiracy theories about companies

From American Eagle to Cracker Barrel, Americans are now creating wild conspiracy theories about minor company decisions.

TikTok's parent company ByteDance is valuing itself at $330 billion. One big investor thinks it's worth even more.

TikTok's deadline to find a buyer for its US operations is next week.

Japan's tariff negotiator says the US's reciprocal tariffs will be lowered by next week

Japan's tariff negotiator said the US would reduce tariffs on Japanese goods by September 16. The tariff rate for goods from Japan is now 15%.

Meta CFO explains CEO Mark Zuckerberg's $600 billion White House pledge

Meta CFO Susan Li said finance executives and tech visionaries talk about future spending plans very differently.

I spent a year at the US's top party school, after moving from Scotland to California. It taught me an unexpected lesson about success.

As a former University of California, Santa Barbara exchange student, I'm not surprised it was recently named the US's top party school. But it offered me so much more than that.

High school seniors are struggling with math and reading — and it's worse than ever before

The NAEP test, or Nation's Report Card, showed a plunge in 12th-grade math and reading in its first scores since the pandemic.

2 boutique owners are rethinking whether their business is still viable after a long-standing tax exemption ended

A boutique business that imports goods from Europe is facing skyrocketing costs after the de minimis exemptions ended.

Elon Musk reveals how long it's been since he last set foot in Washington, D.C.

Musk said he hasn't been in D.C. since May, when he left the White House DOGE office.

Conservative activist and influencer Charlie Kirk shot at Utah event

Charlie Kirk, the cofounder and executive director of Turning Point USA, was shot at an event at Utah Valley University on Wednesday.

Rivian CEO says Chinese EV makers aren't doing something 'magical' to achieve cheaper vehicles

Rivian CEO RJ Scaringe said Chinese automakers can take advantage of low labor costs and domestic subsidies to an extent Western competitors cannot.

Former top US government tech advisor says getting OpenAI's $1 deals to work could come at a high cost

Sid Ghatak, who contributed to President Joe Biden's executive order on AI, said there are hidden costs involved when rolling out AI in government.

Business leaders including Bill Ackman, David Sacks, and Jared Kushner, react to Charlie Kirk's death

Business leaders including Jared Kushner, David Sacks, and Bill Ackman took to X, where they expressed dismay at Kirk's death.

EV sales are setting records ahead of the tax credit going away. It isn't helping Tesla.

Electric vehicle sales in the US hit a record in August as buyers rushed to take advantage of the $7,500 tax credit before it ends in September.

Comedy Central pulls a 'South Park' episode poking fun at Charlie Kirk from its TV lineup

Kirk praised the South Park episode after its release, calling it "hilarious" and an example of "our viral cultural domination."

Inside nuclear startup Terra Innovatum's plan to cash in on the SPAC comeback

Terra Innovatum is embracing the SPAC revival, aiming to raise around $200 million for its micro-modular nuclear reactors.

Inside the personal finances of a MAGA influencer turned diplomatic nominee

Nick Adams, Trump's nominee to be US Ambassador to Malaysia, made roughly $47,000 from Cameo since the beginning of 2024, according to his disclosure.

First Elon Musk, now Larry Ellison: The world's richest men are buying huge media companies — because they can

When you're one of the world's richest men, you can afford to buy anything you want. Like a media giant. First, Elon Musk. Now, Larry Ellison.

How a $1 billion TikTok challenger unraveled

Video app Flip soared in popularity when it looked like it might be banned. Then it abruptly shut down.

Ukraine is betting on this Western country to build thousands of its interceptor drones

The UK is planning to mass-produce thousands of interceptor drones for Ukraine to help it defend itself against Russia's growing attacks.

Larry Ellison was briefly the world's richest man. Here are the politicians he's spent money to support over the years.

The biggest beneficiary of the Oracle cofounder's largesse has been Sen. Tim Scott of South Carolina, who ran for president in 2024.

O, Canada! Americans — and their businesses — miss their neighbors up north

Canadians and American border states used to go together like gravy on fried potatoes, but political tensions have halted Canadian tourism to the US.

More parents want their kids to learn at home

Declining birth rates and the growth of school vouchers are hurting public school enrollment. Homeschooling, though, is on the rise.

Companies from Delta to Office Depot are disciplining employees for their public comments on Charlie Kirk's death

Employers like Microsoft and Delta are taking action against workers who post comments about Charlie Kirk that they say violate company values.

Inside elite Ivy League prep for the ultrawealthy: $30K semesters, hand-picked internships, and custom-built résumés

A former Ivy League admissions officer reveals how the ultrawealthy craft résumés and experiences to boost their kids' chances.

12 celebrities you had no idea won an Emmy

Celebrities like Taylor Swift, Barack Obama, and Tom Hanks all have Emmy awards, even though they rarely work in TV.

Mortgage regulator Bill Pulte has posted at least 13 agency orders on his personal X account

Bill Pulte has posted at least 13 agency orders on his personal X account. They don't appear to be posted publicly anywhere else.

I dove deep into the SportsCenter of Silicon Valley

Inside the online show that's become a must-watch for tech bros everywhere.

Trump says he is bringing a $15 billion lawsuit against The New York Times

Trump said he is filing a $15 billion defamation and libel lawsuit against The Times in Florida.

A 90-year-old Supreme Court precedent protecting Fed independence is on its deathbed

A Supreme Court case called "Humphrey's Executor" has shielded independent agency leaders from political influence. In the Trump era, that's changing.

See inside Windsor Castle, the largest occupied castle in the world with around 1,000 rooms

Windsor Castle often hosts world leaders on state visits, including President Donald Trump, who is making his second state visit to the UK.

The Fed is likely to cut rates for the first time this year. Here's what that means for credit cards and housing costs.

Economists expect the Fed to make the first rate cut of the year this week. Here's what that means for savings, mortgages, and more.

Jared Kushner says young people should work in government over Big Tech: 'It's a 2-year business school stint'

Jared Kushner says federal service offers career growth, learning, and networks. "It's a two-year business school stint."

Chinese companies cracked the code on getting people at home hooked. Now, they're exporting that playbook globally.

Chinese companies have mastered the art of hooking in customers with promotions and cheap goods. Now, they're exporting the playbook.

Donald Trump and Melania Trump displayed a united front with matching outfits for their visit to the UK

President Donald Trump and first lady Melania Trump chose dark outfits with purple accessories for their state visit to the UK.

Kate Middleton and Melania Trump took different approaches to white-tie fashion for a state banquet at Windsor Castle

Melania Trump and Kate Middleton both wore eye-catching dresses for a state banquet at Windsor Castle, though the first lady chose a bolder color.

Elizabeth Warren says there's a hidden reason why Trump wants to end companies' quarterly earnings requirement

"It undermines transparency," Sen. Elizabeth Warren said of Trump's proposal. "That is the whole point here."

The hidden workforce behind earnings reports — and what less reporting could mean for them

President Trump's call for fewer earnings reports stands to save publicly traded companies millions, including money spent on white-collar jobs.

The UK is getting a bite-sized version of Stargate, a sweeping AI infrastructure project from OpenAI and Nvidia

OpenAI, Nvidia, and Nscale partnered for Stargate UK, pledging tens of billions of dollars in AI infrastructure to boost Britain's computing power.

The Fed's dot plot shows one member wants to cut rates like crazy by the end of the year

The Fed's projections show the median member expected another half percentage point of cuts in 2025. One member called for something more ambitious.

Huawei's affiliate was neighbors with Nvidia in California for a decade. US lawmakers want to know why.

US lawmakers are asking for information about Huawei's US research arm, which they say shared a campus with Nvidia's headquarters.

Donald Trump cheers after ABC pulls Kimmel off the air — and tells NBC to cancel its late-night hosts next

President Donald Trump celebrated ABC pulling Jimmy Kimmel off the air over Charlie Kirk comments and urges NBC to cancel its late-night hosts.

Let's talk about the seating chart for the Trump royal banquet, shall we?

Donald Trump sat next to Princess Kate at the UK state dinner attended by business leaders like Tim Cook. Let's see what the seating chart says.

Melania Trump stuck to her go-to neutral outfits for her UK visit, with one exception

Melania Trump wore an array of neutral-toned outfits during her visit to the UK, aside from one bright yellow gown from Carolina Herrera.

Late-night TV is under threat from Trump and a precarious business model

Once the crown jewel of network television, the late-night format faces intense political pressure as ratings and revenue decline.

Trump says that the US wants an abandoned airbase in Afghanistan back because of China's nukes

Bagram Air Base was the biggest US base in Afghanistan until it was abandoned when American forces withdrew from the country in 2021.

Here's what Jimmy Kimmel said on his late-night show that got him pulled off the air

ABC said it pulled Jimmy Kimmel off the air "indefinitely" over his comments about Charlie Kirk's killing.

FCC Commissioner Anna Gomez blasts ABC's suspension of Jimmy Kimmel

Anna Gomez, the sole FCC Commissioner appointed by a Democrat, said ABC "has put the foundation of the First Amendment in danger."

Hollywood reacts to 'Jimmy Kimmel Live!' being suspended

Hollywood celebrities, including Ben Stiller, Wanda Sykes, and Jean Smart, are voicing support for Jimmy Kimmel after his show got pulled by ABC.

Nvidia CEO explains why he's making a $5 billion bet on struggling chip giant Intel

"Having Jensen's blessing is priceless," wrote Bernstein senior analyst Stacy Rasgon about Nvidia's $5 billion investment in Intel.

These are the demands ABC-affiliate Sinclair is making to bring back Jimmy Kimmel

Sinclair, the largest ABC affiliate in the US, doesn't think the network reprimanded Jimmy Kimmel enough for his remarks about Charlie Kirk.

'The View' is known for covering hot topics. Jimmy Kimmel's suspension wasn't one of them.

The hosts of "The View" didn't discuss ABC's suspension of Jimmy Kimmel's late-night show following comments the host made about Charlie Kirk's death.

US companies are using AI to help offset increased tariff costs

Companies large and small are using AI to secure lower vendor prices and optimize logistics, which can help mitigate increased tariff costs.

Starbucks says customers can ask for political names on drinks after a viral video of a barista declining to write the name Charlie Kirk on a cup

A viral TikTok showed a Starbucks barista refusing to write Charlie Kirk's name on a customer's drink. Some baristas say they feel trapped.

Hiring H-1B visa workers may cost $100K more with Trump's latest executive order

President Donald Trump signed an executive order that changed the annual H1-B visa fee.

Kimmel's suspension spreads fear and anger through the late-night world as insiders wonder if Fallon and Meyers are next

Jimmy Kimmel's suspension has provoked dread in the late-night world. Hollywood writers rallied against Disney and Trump.

Seth Meyers says Jimmy Kimmel's suspension is a 'big moment' for democracy

"Trump promised to end government censorship and bring back free speech, and he's doing the opposite," Meyers said on his late-night show.

Late-night hosts reacted to Jimmy Kimmel's suspension with the sharpest tools in their kit: comedy and defiance

Stephen Colbert, Jon Stewart, Seth Meyers, and Jimmy Fallon weighed in on Kimmel's suspension, making jokes about Trump while they were at it.

People are canceling their Disney+ and Hulu accounts and calling for a boycott in protest of Jimmy Kimmel's suspension

"If Disney's going to cave to Trump, then Disney doesn't get my money," one former Disney+ subscriber who canceled told Business Insider.

Jon Stewart delivered a stinging, sarcasm-laden defense of Jimmy Kimmel

In full satire mode, Stewart laid into Trump, calling him America's "great leader" and criticizing his administration's stance on free speech.

Jimmy Fallon says he hopes Jimmy Kimmel gets to go back on ABC

Fallon called Kimmel a "decent, funny, and loving guy," and said he hoped the latter's show would be reinstated.

I went to a protest at Disney over Jimmy Kimmel's suspension. It wasn't just about one comedian.

Hundreds of people showed up at Disney Studios to protest Jimmy Kimmel being pulled off the air, but the protest was about a lot more than that.

Putin said he's eying higher taxes on the rich to bankroll the Ukraine war and pointed to a precedent set by the US

Russia's central bank expects the economy to expand just 1% to 2% this year, down from 4.3% in 2024.

Everything you need to know about what's going on with Jimmy Kimmel and the war on late-night

Jimmy Kimmel's suspension over his comments regarding Charlie Kirk has elicited strong reactions and raised questions about the state of the media.

Red dress, red politics? Why Sydney Sweeney's Emmys dress struck a nerve

The controversy over Sydney Sweeney's "MAGA red" dress at the Emmy Awards speaks to the color's charged role in the current political climate.

Newly revealed Epstein secrets could help victims get their hands on more of his fortune

Only about 25% of Jeffrey Epstein's fortune went to his sexual abuse accusers. Congressional investigations into his finances could change that.

What is an H-1B visa? Everything you need to know about the skilled foreign worker program.

Trump signed an executive order on Friday requiring US employers to pay a $100,000 fee for H-1B workers. Here's everything you need to know.

Read the memos sent to Amazon and Microsoft staff about Trump's H-1B changes

The Trump administration said on Friday that it would raise application fees for the H-1B visa.

White House says Trump's H-1B visa changes will only affect new applicants

Trump announced in an executive order on Friday a new $100,000 fee for H-1B visa holders. Here's who the new rules will impact.

2 charts show which industries employ the most H-1B workers and how much those roles typically pay

Tech companies hire thousands of workers through the H-1B program each year, so Trump's new fee could impact their workforce and bottom line.

Big Tech and finance companies are telling H-1B employees to get to the US in under 24 hours

Amazon, Microsoft, JPMorgan, and Meta employees on H-1B visas were told to stay put, per employees and communications reviewed by Business Insider.

Luigi Mangione calls the death penalty unconstitutional in a court filing critical of Pam Bondi

Mangione filed a 114-page legal attack on the death penalty and US Attorney General Pam Bondi. He is charged in the murder of UHC CEO Brian Thompson.

India says Trump's H-1B visa changes could have 'humanitarian consequences'

The Indian government said Trump's new H-1B visa fees could hinder talent mobility and impact Indian families.

The H-1B visa changes highlight another lesser-known immigration ticket: the 'Einstein' visa

After changes to the H-1B visa program, immigration specialists point to a potential side door for qualified applicants: the O-1 or "Einstein" visa.

Changes to an all-important visa for corporate America leave businesses and workers scrambling

Corporate America was thrown into chaos Friday night after the Trump administration issued a surprise executive order for a critical visa.

Confusion and chaos: Trump's $100K H-1B visa fee rocks Silicon Valley's hiring machine

Trump's $100,000 H-1B visa fee sparked chaos in Silicon Valley, sending shockwaves through the tech industry as companies scrambled to adjust to costly new regulations.

Y Combinator founder Paul Graham says he canceled Disney+ after Kimmel suspension: 'This is a way to be heard'

Y Combinator founder Paul Graham says he canceled his Disney+ subscription, joining fans boycotting the company over Jimmy Kimmel's suspension.

3 tech workers on H-1B visas detail their last 36 hours: canceled trips, anxious parents, and, finally, relief

Three H-1B visa holders who work in tech said their weekends were filled with panic, anxious parents' phone calls, and putting travel plans on hold.

Inside the schools trying to break America's college obsession

"College isn't the way of the world anymore," Superintendent Anna Sell said. She's part of the movement to change the higher education conversation.

Photos show huge crowds turning out for Charlie Kirk's memorial

Attendees wore red, white, and blue as they arrived at State Farm Stadium in Arizona for Charlie Kirk's memorial service on Sunday.

4 tech and business leaders who got their start on an H-1B visa

Elon Musk, Satya Nadella, and other tech leaders held an H-1B visa earlier in their careers. The program is set for big changes under Trump.

Indian tech stocks slump after Trump imposes $100,000 application fee for H-1B visas

Several Indian tech stocks fell by over 4% on Monday after the White House rolled out a $100,000 fee to apply for a new H-1B visa for skilled workers.

What Trump's $100,000 H-1B visa fee means for tech companies

Trump's Friday order requires companies to pay $100,000 per H-1B visa worker, shaking Silicon Valley and corporate America.

How TikTok's deal to stay in the US will work, according to the White House

TikTok US is set to sell to an investor consortium that will retrain its algorithm and keep Americans connected to users in other parts of the world.

I went to a demonstration by Google employees about H-1B visas. They want the company to speak out.

Members of the Alphabet Workers Union told me that they want Google to make a public statement and "side with their own workers."

Jimmy Kimmel returns: Hollywood and political leaders react

Jimmy Kimmel's return to air was met with praise from prominent figures like comedian Ben Stiller and California Gov. Gavin Newsom.

Trump's H-1B fee hike could upend Big Tech and IT outsourcing giants' hiring models

President Donald Trump's H-1B visa fee hike pressures Big Tech and IT outsourcing giants that are already dealing with tariff threats and more.

Lockheed's new combat drone shows the premier stealth aircraft designer is moving into the 'loyal wingman' business

The US Air Force envisions having advanced crewed fighter jets flying alongside combat drones. Defense giant Lockheed just unveiled its drone idea.

Joe Rogan says conservatives were 'crazy' to support Jimmy Kimmel's suspension: 'This will be used on you'

A fellow comedian, Joe Rogan also defended the brunt of Jimmy Kimmel's final monologue that led some to push for his suspension.

Jensen Huang and Sam Altman react to new H-1B $100K fee

Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman reacted to the new H-1B visa fee on Monday, with Huang expressing direct support for Trump.

Mark Zuckerberg showed Google how to make Republicans happy

Last year Mark Zuckerberg wrote the playbook for Big Tech leaders dealing with Republicans. Google paid attention.

Jon Stewart said Jimmy Kimmel's return shows Americans must 'fight like hell for this constitutional republic'

Jon Stewart celebrated Jimmy Kimmel's show being brought back, saying Americans need to "fight like hell" for their right to free speech.

20 tech giants that could be hit hardest by President Donald Trump's $100,000 H-1B visa fees

President Donald Trump's H-1B visa fee hike to $100,000 affects hiring skilled foreign workers, with Amazon and Meta among those hardest hit.

Jimmy Kimmel's return dials up the heat of Disney's fight with local broadcasters

Disney is bringing Jimmy Kimmel back after backlash, but Sinclair and Nexstar won't air the show. The fight between broadcasters and ABC continues.

Kamala Harris says Biden should've invited Elon Musk to the White House in 2021

The former VP writes in her new book that Musk set off her "spidey senses" long before his MAGA pivot in 2024.

Disney is in a no-win situation — and Bob Iger's legacy depends on getting it right

Disney's reinstatement of Jimmy Kimmel over his suspension poses a challenge for Bob Iger's legacy as he battles culture wars and FCC pressure.

Nexstar joins Sinclair, says it still won't air Jimmy Kimmel

Nexstar Media Group, one of the nation's largest local TV station owners, said it will continue to preempt "Jimmy Kimmel Live!"

Palmer Luckey says founders should look beyond the Bay Area to avoid hiring 'mercenary-minded' tech workers

Palmer Luckey said Bay Area hiring bred "mercenary-minded" workers. He now recruits nationwide, especially veterans, to build Anduril.

FCC Chair Brendan Carr hits out at Democrats as he responds to Jimmy Kimmel's reinstatement

Before Kimmel's suspension, FCC Chair Brendan Carr appeared to pressure ABC to take action against the late night host.

J&J survived the 'Tylenol murders' and pioneered crisis communications. Trump's autism claims are round 2.

Trump's announcement linking Tylenol to autism isn't the drug's first PR crisis. In the 1980s, J&J had to respond to the "Tylenol murders."

How these high school students will graduate with years of work experience

"I'm ready to go with my work experience," said Sophie Louderbeck, 19, who graduated from high school after a work-study at a day care.

Jimmy Kimmel's return doesn't mean the end of Disney's problems

Now that Jimmy Kimmel's show has become a lightning rod, any decision about it going forward will be viewed with a magnifying glass.

Jimmy Kimmel's comeback monologue is already his most-viewed YouTube video of the year ahead of official ratings release

Jimmy Kimmel's monologue from last night has more than 13 million YouTube views, his most-watched video this year. Nielsen ratings are still pending.

Trump is railing against Jimmy Kimmel ahead of the comedian's return to late-night

Before Donald Trump's comments, two of the nation's largest station owners said they would not air Kimmel's show on their local stations.

I'm a Trump supporter — but I might move back to India over his H-1B policy

A software engineer from India says he's considering moving back home. The US feels too unstable after President Donald Trump's H-1B fees, he says.

Late-night show hosts are sending a message to Trump: They'll be thorns in his side for as long as they can be

The big boys of late-night are competitors, but they're also friends. And despite Trump's threats, they'll back each other and keep the jokes coming.

Celebrities and politicians celebrated Kimmel's return to the air — with a few detractors

Gavin Newsom, Don Lemon, and Stephen King were among those who reacted to Kimmel's heartfelt monologue.

Jimmy Kimmel's comeback show reached 6.26 million viewers, Disney says

A Nielsen report reviewed by Business Insider showed that Jimmy Kimmel's return to late night reached a massive audience of 6.26 million viewers.

I'm an international student worried about H-1B visa changes. Now, I'm hunting for tech jobs in Canada and abroad.

International student Yuran Zhang hopes she can stay in the US after graduating college. Trump's H-1B visa fee may push her to seek work in Canada.

Tariff evasion could cost the US $40 billion in revenue, Goldman Sachs warns

More than $200 billion in annual imports could be affected, which would slash tariff revenue by roughly $40 billion versus a full-compliance scenario.

Podcaster Theo Von tells DHS to take down a video celebrating deportations that features a clip of him

Von responded to the video, saying that his views on immigration are "more nuanced than this video allows."

Trump's H-1B overhaul could kneecap startups in the talent wars.

Startup founders are worried that changes to the H-1B visa program could make it even harder to compete with bigger companies in the talent wars.

Disney investors demand internal records on Jimmy Kimmel's suspension, say the board may have breached duties

A group of shareholders is asking Disney to disclose communication related to Jimmy Kimmel's brief suspension after Disney shares dipped.

Trump's cartel war is pulling US warships into a Caribbean show of force. Another destroyer just showed up.

There are over half a dozen US Navy warships in the Caribbean amid efforts to crack down on the drug trade.

Jimmy Kimmel's return represents a big, final test for Disney's Bob Iger before he heads for the exits

Disney CEO Bob Iger is set to step down at the end of next year, but the Jimmy Kimmel drama has created one final challenge for me.

The 20 financial firms that could be hardest hit from Trump's new H-1B fee — from Goldman Sachs to Citi

Business Insider combed through the data to find the financial industry's biggest users of the H-1B visas. See which firms have the most to lose.

Trump approved a $14 billion TikTok deal in an executive order, and employees have big questions

President Donald Trump signed an executive order approving a sale of TikTok's US business. Oracle will oversee its user data and audit its algorithm.

The three-headed problem that's throwing the US economy into chaos

Trump has three priorities for the US economy: lower immigration, lower prices, more manufacturing. Experts say you can't have all three at once.

Amazon will pay $2.5 billion to settle claims about deceptive Prime practices

The FTC announced that the company will pay $1.5 billion in customer refunds.

Automakers are tapping the brakes on the EV revolution. Here are all the manufacturers rolling back their plans.

With the $7,500 tax credit for new, American-made electric vehicles ending on September 30, carmakers are bracing for impact.

The head of Germany's answer to DOGE wants to scale back regulation and 'open up the gates'

German minister Karsten Wildberger wants to jolt the country out of its anti-innovation cycle and into a future of looser rules and faster growth.

Ex-Google CEO Eric Schmidt says flexible working is fine for government jobs, but winning in tech means 'tradeoffs'

Google's ex-CEO, Eric Schmidt, said working from home can stunt learning, and "work-life balance" can make companies less competitive.

Trump's $100,000 H-1B visa adds more pressure to consulting's growing recruitment woes

Trump's H-1B executive order heightens talent pressures and could accelerate offshoring at major consulting firms like Deloitte, EY, and Accenture.

Teachers say AI has been a game changer for them, and they want their students to benefit — while still thinking for themselves

Christina Parks, an English teacher at Upton High School, called AI a "gift" for teachers. It's a different story for her students.

The key questions TikTok employees have about the $14 billion Trump-approved deal

The Trump administration has blessed a TikTok US sale, but employees say big questions remain bout what their jobs will look like after it closes.

Elon Musk backs up Trump administration amid James Comey indictment, looming government shutdown

It comes just days after Musk had a face-to-face conversation with Trump at Charlie Kirk's memorial.

Trump calls for the firing of Microsoft's president of global affairs, Lisa Monaco

President Donald Trump on Friday called for the firing of Microsoft's president of global affairs, Lisa Monaco, on Truth Social.

Mark Cuban says the AI arms race explains why Zuck, Musk, and Dell have cozied up to Trump — and why it may pay off

Mark Cuban says Big Tech leaders are siding with Donald Trump as AI rivals heat up, betting on short-term politics for long-term survival.

Here's what we know about who's buying TikTok's US business

Trump said Oracle's Larry Ellison, Rupert Murdoch, and Michael Dell are involved in the TikTok US deal. Silver Lake and MGX could also be in the mix.

Trump announces a flurry of tariffs on pharmaceuticals, trucks, and furniture

Obtaining medicine, buying trucks, and furnishing your home could all get more expensive starting on October 1, when Trump's new tariffs kick in.

Ken Griffin says it's 'anti-American' if Trump gives 'favor' over tariffs to some companies and not others

The Citadel CEO said when the state gets involved, "picking winners and losers," the US as a whole loses.

Jimmy Kimmel's suspension boosted his ratings to a 10-year high — history shows backlashes can make or break a host

Jimmy Kimmel just joined a long list of hosts whose biggest ratings came with their most contentious moments — some survived, others didn't.

Why that $14 billion TikTok deal may not be what it seems

A new deal values US TikTok at $14 billion. That seems crazy low for an enormously powerful tech platform.

Silicon Valley's case for Trump's new $100,000 H-1B visa fee

Trump's $100K H-1B visa fee won support from tech CEOs like Sam Altman and Jensen Huang for making the visa system a straightforward transaction.

Stars, stripes, and kilts: The wildest looks at the Ryder Cup

Business Insider was at the Ryder Cup on Friday, where some full-body American flags outfits and group costumes instead of the typical golf polo.

A major Silicon Valley medtech company just announced it was pausing H-1B hires

Intuitive Surgical is best-known for building surgery robots. It just froze offers to H-1B candidates due to President Donald Trump's new policy.

TikTok finally cut a deal, but there's still plenty of uncertainty about what comes next

TikTok is in its US era now, but there's still a lot of questions surrounding the deal.

Newly released Epstein documents include mention of Elon Musk, Bill Gates, Peter Thiel, and Steve Bannon

"Reminder: Elon Musk to island Dec. 6 (is this still happening?)" one scheduling note reads. The Tesla executive previously said he declined invites.

Sam Altman predicts AI will surpass human intelligence by 2030

OpenAI CEO Sam Altman, expects AI will exceed human intelligence by 2030. He emphasized AI's potential in scientific breakthroughs and novel uses.

Hundreds of private jets have crowded a tiny Long Island airport for the Ryder Cup

There could be as many as 3,000 private flights landing in the greater New York area this weekend as the wealthy arrive to watch the Ryder Cup.

Trump's H-1B visa crackdown could cut US jobs instead of creating them

Higher H-1B visa costs might not boost hiring in the US, as companies might turn to workers abroad.

'Can we find the next 40 Facebooks?': Behind the ambitious plans of 137 Ventures

137 Ventures scaled an early "few million bucks" in Palmer Luckey's Anduril into a $100 million position.

The US government is increasingly likely to shut down next week. Here's why.

Lawmakers must pass a funding bill by the end of September, or the government will shut down. Republicans and Democrats are at an impasse.

As the US tightens restrictions on foreign workers, the rest of the world scrambles to lure top talent

From Canada to South Korea, the world is racing to attract the best and brightest as the Trump administration cracks down on foreign workers.

Welcome to the Great Silencing

CEOs were already cautious about speaking their minds. Now, they're becoming even more tight-lipped.

Get used to an America with fewer jobs

Immigration changes are likely already affecting the US job market and could continue to add pressure.

Student-loan forgiveness delays will soon become a bigger problem for borrowers

The clock is ticking for student-loan borrowers to get debt cancellation before the relief is taxable again in January.

Why is everyone buying groceries in bulk? BI's Steve Russolillo unpacks Costco's chokehold on America.

In this Sunday edition of Business Insider Today, we're talking about America's Costco craze. BI's Steve Russolillo doesn't get the hype.

Trump keeps threatening to cut off federal funding to NYC if Zohran Mamdani is elected mayor

Trump said on Monday that Zohran Mamdani "won't be getting any" federal funding to fulfill his campaign promises if elected mayor.

Trump is kicking off his major overhaul of student-loan repayment

Trump's Department of Education is beginning negotiations for its plan to change student-loan repayment and place new caps on borrowing.

Jensen Huang says Trump's H-1B change is 'a great start' — but the $100K price tag for new visas is too high

Nvidia CEO Jensen Huang said Trump's $100K H-1B fee is "a great start" but warned the high cost may have consequences.

Here are the luxury pre-owned watches each generation — from boomers to zoomers — buys most, according to The RealReal

Boomers prefer the Rolex Datejust while millennials go for Rolex Day-Dates, according to a report from The RealReal.

Trump announces 'TrumpRx' drug-buying website alongside Pfizer CEO

Donald Trump announced an agreement with Pfizer to make their drugs available to Medicaid at a lower price.

Trump floats the idea of bringing back battleships. They've been gone for decades.

American battleships were a symbol of naval power for decades but became obsolete with the rise of missiles and other warships.

Trump went off about 'ugly' stealth warships in his wandering chat with US generals and admirals

The US president has often focused on the appearance and aesthetic of US Navy ships, calling them ugly compared to other countries' vessels.

TikTok's US sale shows DC and Beijing can still bargain on tech — but don't expect a repeat deal anytime soon

Analysts told BI TikTok's $14 billion deal secures its US future and signals a middle ground in the fraught US-China tech rivalry.

How a US government shutdown could impact your next flight

A government shutdown could disrupt flights, extend security wait times, and slow safety functions, creating a stressful travel experience for flyers.

Tesla's org chart: These are the executives in charge at Elon Musk's car company

At least 10 Tesla executives left Elon Musk's company in the last 12 months. A review of the EV maker's internal org chart shows who remains.

Mark Cuban gives Trump's proposed direct-to-consumer prescription drugs website a 'B'

The billionaire owner of Cost Plus Drugs is giving the Trump administration's announced website, TrumpRx.gov, a "B" for now.

The government has shut down. Federal workers are gearing up for mass firings.

The government has officially shut down. The OMB warned that a new wave of federal worker firings could be imminent.

Jimmy Kimmel and Stephen Colbert swapped war stories about finding out their shows were canceled

Jimmy Kimmel and Stephen Colbert shared behind-the-scenes stories about finding out their shows were canceled.

Charlamagne Tha God says 'brand safety' has become a problem and advertisers should rethink it

Charlamagne Tha God questioned advertisers' "brand safety" approach and highlighted the importance of understanding show hosts.

Hegseth's speech is another sign that workplace loyalty is dead

Secretary of Defense Pete Hegseth called for the US military to embrace a more hardcore culture, much like AT&T CEO John Stankey did in August.

Inside the anti-'woke' revolt that has American troops in its crosshairs

Trump vowed to banish 'woke.' Now, the culture wars are infiltrating the military and spreading paranoia among American troops

Tesla smashes quarterly delivery numbers for the first time this year as EV credits expire

Tesla reported 497,000 deliveries for the third quarter, as customers raced to buy its cars before the $7,500 EV tax credit expired earlier this week.

Trump's top HR official floats hiring senior tech workers for 2-year government stints

Scott Kupor, a former a16z investor, says he wants to see more "connectivity between the public and private sector."

Big Tech is gearing up for a 'tectonic' shift thanks to AI that includes shaking up sales teams

Microsoft's CEO didn't mince words when recently addressing employees about the state of the industry.

All DOGE staff are working through the government shutdown — while a third of White House staff are being sent home

The White House's shutdown plan calls for sending about one-third of its staff home during the shutdown. But all 45 DOGE staff are exempt from that.

Silicon Valley Rep. Ro Khanna says the H-1B visa needs change — but a 'blanket' $100k fee isn't the solution

Ro Khanna said that the H-1B system needs changes. But he said the $100,000 fee could hurt startups, many of which are located in his district.

Apple's ICEBlock takedown shows how easily Washington can pull the plug

Tech companies are used to foreign governments telling them to take down apps. Now it's happening in the US, as Apple takes down an anti-ICE app.

Tesla's former global sales chief says there are so many EV models now that the market can grow without subsidies

Tesla's former president for global sales, Jon McNeill, said the EV market in Europe continued to grow even when subsidies were rolled back there.

A complete timeline of Taylor Swift and Travis Kelce's 2-year relationship

Taylor Swift and Travis Kelce are engaged. Swift references their love story in several tracks on her new album, "The Life of a Showgirl."

Trump administration's $100,000 H-1B visa fee challenged in new lawsuit

A coalition of unions and other groups called President Donald Trump's new H-1B visa fee "extortionate" and "draconian" in a lawsuit filed Friday.

'SNL' mocks the Trump administration in season kickoff: 'Remember, daddy's watching'

James Austin Johnson returned as President Donald Trump while Colin Jost played Defense Secretary Pete Hegseth.

Kevin Hassett says 'there will be layoffs' if Trump decides shutdown talks are not progressing

Top White House economic advisor Kevin Hassett said he's hopeful lawmakers can reach an agreement to end the government shutdown before layoffs begin.

'SNL' returns to a late-night world still finding its footing in Trump's 2nd term

Political satire has long been a hallmark of "Saturday Night Live." The climate for late-night comedy, however, has changed.

Meet Lisa Su: CEO and president of Advanced Micro Devices, the main competitor to Nvidia

Lisa Su is the CEO behind AMD's meteoric rise, with the ambition to lead the AI chips industry and become a formidable rival to Nvidia.

Marc Andreessen says more founders need to read 'the Elon playbook'

Elon Musk ripped up the traditional playbook for managing companies. A16z cofounder Marc Andreessen said other CEOs should follow suit.

Is Paramount's Bari Weiss deal a Trump deal? We can't tell. And that's the problem.

Paramount's new owner David Ellison says he's not interested in politics. A lot of his moves, like buying Bari Weiss' The Free Press, lean rightward.

Aston Martin warns investors that tariff pain won't go away anytime soon

Aston Martin's share plunged as much as 11% on Monday after the British luxury carmaker slashed its guidance over the impact of US tariffs.

I ordered from Temu and worried my order would be slapped with a tariff

I was worried about getting a huge tariff bill on my latest Temu order. I waited nervously for its arrival, but here's why I was pleasantly surprised.

David Ellison is shaking up CBS News by hiring Bari Weiss. Here's what insiders are saying.

Bari Weiss and The Free Press are now part of David Ellison's Paramount Skydance. Employees and news media observers aren't sure it's a clean fit.

Drone delivery is finally having its moment

Drone delivery is gaining momentum with new pilot programs from Chipotle and GoTo Foods, boosted by recent regulatory changes.

Trump administration argues furloughed federal workers aren't guaranteed back pay

The White House says furloughed federal workers aren't automatically entitled to back pay, and Congress may have to pass a law to grant it to them.

What to know about the Tomahawk cruise missiles Trump says he might give Ukraine

Tomahawks are powerful, long-range missiles that would give Ukraine a major boost in its ability to strike deep into Russia.

Trump wanted to reduce trade deficits, but at least one has ballooned since he took office

President Donald Trump's tariffs were aimed at reducing trade deficits, but the travel trade deficit has grown as Canadians avoid the United States.

Nvidia CEO Jensen Huang says the company will continue to sponsor H-1B visas and cover fees. Read his memo to staff.

In an internal message, NVIDIA CEO Jensen Huang reiterated his support for Trump's H-1B changes and shared personal reflections on immigration.

AOC says people are being 'algorithmically polarized' by social media

"There are people that are living in a MAGA universe online," Ocasio-Cortez said. "And that happens as well in progressive content and algorithms."

Diddy wants to serve his sentence at a NJ prison previously home to 'Pharma Bro' Martin Shkreli and mobsters

FCI Fort Dix has what's known as a Residential Drug Abuse Program that Sean "Diddy" Combs' lawyer suggested would be beneficial to him.

Amazon, Meta, Microsoft, and Google are gambling $320 billion on AI infrastructure. The payoff isn't there yet

Big Tech is set to spend $320 billion on capex, mainly for AI infrastructure like data centers. It's a construction boom unlike any in living memory.

A top Goldman executive is leaving following reports that he wrote unauthorized posts critical of Trump

Goldman's co-head of its business in Spain and Portugal, Alvaro del Castano, is set to depart the firm in the "coming months," according to a memo.

Student-loan forgiveness is back on for 2 million borrowers

Student-loan borrowers who met the payment threshold under income-based repayment plans are receiving forgiveness emails.

Tesla went back to basics with its latest big announcement

Tesla's got a cheaper version of some of its popular EVs, but it cut more than just the price.

All the ships the US military has deployed to the Caribbean amid tensions with Venezuela

The US military has increased its military presence in the Caribbean and Eastern Pacific as the Trump administration says it is targeting suspected drug trafficking efforts.

Jimmy Kimmel shouts out Disney's Dana Walden over his suspension ordeal

Jimmy Kimmel, after his ABC suspension, praises Disney exec Dana Walden, a potential Bob Iger successor, highlighting her support during his ordeal.

David Ellison won't talk about buying Warner Bros. — but everyone thinks he will. Here's why.

Does David Ellison, who just bought Paramount, want to buy Warner Bros. Discovery next? He won't say — but this is how it could play out.

New York City sues social media companies, alleging they 'created a youth mental health crisis'

The plaintiffs said that social media companies have a created a "youth mental health crisis" and encouraged risky behaviors like "subway surfing."

Disney salaries revealed: How much analysts, engineers, and more earn in 2025

See how much Disney pays in 2025, with software engineers earning up to $230,000. Salary data shows pay ranges for roles across tech and streaming.

Cerebras CEO Andrew Feldman says the US's 'patchwork' policies are setting back AI

Cerebras CEO Andrew Feldman says China's centralized policy has fueled its advantage in standing up "vast amounts of power."

Trump wants to ground Chinese airlines' advantage on US routes by making their flights hours longer

The Trump Administration seeks to ban Chinese airlines from flying US routes over Russia, as they have an "unequal" advantage.

TrumpRx makes more drug pricing moves and strikes a deal with AstraZeneca

Trump's pharmaceutical venture strikes a deal with AstraZeneca.

A US aircraft carrier is still damaged 8 months after it collided with a cargo ship. It looks like the Navy just painted over it.

USS Harry S. Truman was spotted at a recent event with paint covering the damage it suffered after a February collision in the Mediterranean Sea.

The White House says it's started laying off federal workers as the shutdown drags on

The federal government has begun to fire employees. Thousands remain furloughed or are working without pay.

Cruise missiles, yacht rock, and hot girls for capitalism: A night at The Free Press' afterparty

Fresh off a $150 million acquisition from Paramount, Bari Weiss and The Free Press hosted a kind of coronation in DC.

It's a bittersweet payday for federal workers: 'A lot of us are living paycheck to paycheck'

Friday's paycheck marks the financial impact of the shutdown on workers.

The US government is still shut down. Here's what's been happening — and why it could last a long time

The US government shut down 10 days ago, and there's little indication that it will reopen anytime soon. At the center of it all is healthcare.

The Godfather of AI warns that cuts to universities will cost the US its AI edge over China

AI pioneer Geoffrey Hinton warned that in "20 years' time" the effects of research funding cuts could be deep.

Tesla's 'most affordable' EVs still cost more than $35,000. These policies may be why.

Tariff uncertainty, the lack of rare earth minerals in the US, and the undoing of clean energy credits may have kept prices up for Tesla's new models.

The world's 10 richest people lost nearly $70 billion in Friday's market rout

Elon Musk, Jeff Bezos, and Mark Zuckerberg led the wealth declines on Friday as fresh fears of a trade war hammered stocks.

Fired federal workers risk losing the student-loan forgiveness they signed up for

Trump fired more federal workers during the government shutdown. It could strip their eligibility for the Public Service Loan Forgiveness program.

Trump administration signals it will continue mass firings as government shutdown drags on

The Office of Management and Budget said that it's "making every preparation to batten down the hatches and ride out the Democrats' intransigence."

Army National Guard soldiers are readying to defend cities from hackers

Amid increasing cyberattack risks, the Army National Guard is testing a pilot program in five cities to help local cybersecurity efforts.

How an epic short squeeze drove silver's first record in 45 years

The metal hit $53.55 an ounce in intraday trading in London on Tuesday, about $3 above the last record set in January 1980.

Elon Musk said he'd donate to a GOP congressman that Trump wants to defeat. It hasn't happened yet.

Elon Musk said he would donate to Rep. Thomas Massie, a GOP congressman Trump wants to defeat. Months later, FEC records show that hasn't happened.

Pete Hegseth's 'warrior ethos' speech is now mandatory viewing for the entire US military

US military personnel have until the end of the month to either watch the speech or read the transcript of the defense secretary's comments.

Former Ford CEO says automakers 'went full bore' into making EVs without thinking about the consumer

Mark Fields, 64, was the CEO of Ford from 2014 to 2017. He said automakers didn't consider what it would take to get consumers to start buying EVs.

TikTok insiders and creators worry its powerful algorithm could lose its magic after a sale

As TikTok prepares to sell its US business, employees, creators, and researchers wonder about the future of its content algorithm.

US Chamber of Commerce sues Trump administration over $100,000 H-1B visa fee

The Unites States Chamber of Commerce sued the Trump administration over the new $100,000 fee for H-1B visas.

The Trump administration wants to hire hundreds of new government lawyers. It's off to a slow start.

A review of data from LinkedIn profiles shows fewer assistant US attorneys have joined the Justice Department so far this year than years prior.

The ABCs of what's on the chopping block at the Department of Education

America's schools are facing a shaky start to the school year amid uncertainty at the Department of Education.

Where Wall Street stands on the NYC mayoral race, and how that could shift closer to Election Day

Finance worker donations show a split between Zohran Mamdani and Andrew Cuomo. But as a clear favorite emerges, some could change their tune.

Mamdani has backers on Wall Street. It's their bosses who are boosting Cuomo for NYC's next mayor.

NYC's mayoral election reveals Wall Street's wealth gap. Staffers worried about cost of living back Mamdani, while their bosses donate to Cuomo.

The stock market just got its first signal from earnings that the AI trade is still booming

TSMC reported strong third-quarter earnings, with executives pointing specifically to the "mega trend" of AI as the force powering its stellar results.

Vibe coding isn't as simple as it sounds. Here's what I learned about AI through trial and error.

I tried to vibe code a solution to automate a task at work I didn't want to do, and the project taught me valuable lessons on how to learn with AI.

The longest government shutdowns in US history, ranked

The ongoing shutdown is already the fourth-longest in US history, matching the 2013 shutdown.

November SNAP benefits are at risk from the government shutdown. See how each state depends on food stamps.

Forty-two million low-income Americans use SNAP. Benefits could shrink if the government shutdown drags into November.

New student-loan forgiveness under Trump is coming. Here's what borrowers should know.

Some student-loan borrowers on income-based repayment plans are on track for debt cancellation, but the government shutdown could delay relief.

Federal workers are pinching pennies during the shutdown: 'I'd love to come to work, but may not have gas money.'

Dozens of federal workers told Business Insider they are living paycheck to paycheck and cutting their spending during the government shutdown.

Prince Andrew scandal takes center stage in Jeffrey Epstein accuser's posthumous memoir

Virginia Giuffre's memoir goes into graphic detail about her alleged sexual abuse by Jeffrey Epstein, who she said trafficked her to his friends.

Trump agrees to process more student-loan forgiveness claims — and prevent some borrowers from getting a big tax bill next year

The Trump administration reached an agreement with the American Federation of Teachers to continue processing student-loan forgiveness for borrowers.

An ex-Microsoft scientist is building an AI startup to change how companies handle work visas

Priyanka Kulkarni's "exhausting" and "confusing" experiences as an employee on an H-1B visa inspired her to launch her startup, Casium.

After the H-1B visa fee hike, global teams are looking like the future of work

With the $100,000 work visa fee hike, many companies are looking to build global teams, and that may permanently change wage practices and bargaining.

The government shutdown is the third-longest in US history, affecting air travel, national parks, and groceries

As the shutdown stretches into its 20th day, air traffic controllers, SNAP recipients, and federal employees are feeling the impact.

GM executive says rivals were selling EVs for 'whatever they could get'

GM CFO Paul Jacobson said clean-air regulations had encouraged some of the automaker's rivals to unload their EVs at bargain-basement prices.

Why the Warner Bros. Discovery Sale Just Got More Interesting

Warner Bros. Discovery rejected Paramount's bid — now it wants more bidders for some or all of the company.

Elon Musk calls Trump official a 'dummy' amid spat over NASA leadership

Transportation Secretary Sean Duffy is reportedly in a power struggle with Jared Isaacman, an Elon Musk ally, over who will lead NASA.

YouTube's settlement with Trump is helping pay for the White House demolition and ballroom

Alphabet, which owns YouTube, is contributing $22 million toward Trump's White House construction plans as part of a legal settlement.

Tariffs may sound simple on paper, but they unleash a tangle of costs for small businesses

Ripple effects from President Donald Trump's tariffs include failed shipments, customs holds, surprise inspections, and contract disputes.

Ukraine says UK-made Storm Shadow missiles joined its long mission to destroy Russia's war machine from the rear

Ukraine's defense ministry said it continues to hit Russia's industries, "weakening the offensive potential of the aggressor state."

Tesla's earnings report means another chance to transition it from EV to AI

Tesla has been subtly pivoting its strategy for years to be considered an AI company, but it's now reaching a tipping point.

States aren't sending November SNAP benefits during the government shutdown. See where Americans depend on food stamps.

States like Texas and Pennsylvania said they won't be able to fulfill SNAP benefits in November if the government shutdown continues.

It may be the toughest season ever for 'Shark Tank' contestants

This may be the toughest season yet for 'Shark Tank,' as winners struggle to navigate the Trump tariffs

Trump calls off planned 'surge' of federal forces in San Francisco after talking to Jensen Huang and Marc Benioff

Trump said that he was preparing to "surge" San Francisco with federal forces before "friends of mine who live in the area" asked him not to.

See the list of donors funding Trump's new White House ballroom, including Apple, Meta, and Amazon

Trump said on Wednesday that the project will cost "about $300 million." Among the major donors are several Big Tech companies.

GM CEO Mary Barra says there's 'over capacity' in China's EV market

Barra said there is an "incredible price war" on EVs taking place in China.

Hotel operators say they're bleeding cash in the hundreds of millions and need the government shutdown to end now

The American Hotel and Lodging Association said the industry has lost $650 million to date because of the government shutdown.

The US military wants Shahed-style drones for a Pacific fight. A Virginia company says it has the answer.

The Iranian-designed Shahed became notorious in Ukraine. The US wants this style of drone for future fights.

Some marketers are proudly touting anti-AI campaigns, but those promises could put them in a tricky spot down the road

A portion of Corporate America is proud to tell you how it's avoiding AI. But executives' deep buy-in of the tech might make its arrival unstoppable.

Trump says he's terminating all trade negotiations with Canada over an ad featuring Ronald Reagan

"They only did this to interfere with the decision of the US Supreme Court, and other courts," Trump said of the Ontario government's ad.

Air traffic controllers have become reluctant bargaining chips in the government shutdown. They just want to get paid.

America's 13,000 air traffic controllers will soon receive their first $0 paycheck. They hold a delicate power in Washington's government shutdown.

An investigation into rigged poker games and illegal sports gambling has the NBA on the ropes

The cases illustrate the delicate relationship sports leagues have with the sportsbooks that pay them millions in sponsorship deals.

Trump says he's adding another 10% tariff on Canada in retaliation for its Reagan ad

Trump said he will increase tariffs on Canada by another 10% in response to a Canadian anti-tariff ad featuring former President Ronald Reagan.

Big Tech and other firms pressed over donations to Trump's East Wing project: 'You owe Americans an explanation'

A lawmaker demanded companies who donated to Trump's ballroom project release the size of the donations and if they were promised anything in return.

Treasury Secretary Scott Bessent says Trump's 100% tariff threat on China is 'effectively off the table'

Treasury Secretary Scott Bessent expects major progress on both trade negotiations and a TikTok deal when Trump meets Xi in Korea next week.

Hours after Trump said he'd slap more tariffs on Canada, Ontario's Reagan ad airs again during the World Series

Ontario's ad criticizing tariffs aired during the World Series, hours after President Donald Trump said he'd slap new tariffs on Canada.

While America's pocketbook is shut down, Trump is taking over the purse strings

Congress has control of federal spending. During the government shutdown, Trump is changing that.

Trump gives a status update on his relationship with Elon Musk

"I like Elon, I've always liked him," Trump told reporters on board Air Force One. The two were photographed talking at Charlie Kirk's memorial.

A US Navy Super Hornet and Sea Hawk from the same aircraft carrier crashed 30 minutes apart in the South China Sea

Both aircraft were deployed from the USS Nimitz and went down during routine operations, the Navy said.

The Boeing strike is dragging on at its F-15 and Hornet factories in the Midwest

Boeing's strike drags into a third month at its Midwest defense plants, where workers build F-15 and F/A-18 fighter jets.

The stock market is staring down a chaotic mix of its 4 most important catalysts this week

All of the market's main narratives are colliding during an especially busy week for investors.

Bill Gates helped convince Trump against letting RFK Jr. lead a vaccine and autism task force in 2017, a new book says

Gates, a vaccine proponent, told Trump in 2017 that it "would be a terrible mistake" to let RFK Jr. lead a vaccine task force, per a new book.

Japan welcomed Trump by turning the grounds of a palace into a car show featuring a Ford F-150 pickup truck

Trump said Japan's plan to buy a fleet of Ford F-150 pickup trucks showed Japanese Prime Minister Sanae Takaichi has "good taste."

Mark Zuckerberg privately met with Pam Bondi to seek advice about how to talk to Trump, book says

A new book reports that the Meta CEO privately met with AG Pam Bondi on March 12, during one of his trips to Washington earlier this year.

Trump's Big Law attorneys say his hush-money criminal conviction should be tossed because of presidential immunity

The appeal follows a Supreme Court ruling last year offering broad legal protections for US presidents.

UPS CEO Carol Tomé says your package might be held up because you filled out the customs declaration wrong

UPS CEO Carol Tomé said that many average people turned to the company to ship things to the US when the de minimis exemption ended.

The Fed is expected to cut rates this week — even while the government is shut down

The government shutdown means the latest job numbers haven't been released, but the Fed is still likely to cut.

White House says South Korean shipbuilding giants are going to pour billions into reviving America's shipbuilding industry

Revitalizing America's struggling shipbuilding industry is a stated priority for the Trump administration.

Grokipedia vs. Wikipedia: See how Elon Musk's encyclopedia describes 5 hot-button topics

Grokipedia and Wikipedia had widely different descriptions of Gamergate. They were more similar on OpenAI.

Home Depot cofounder Ken Langone: 'New York is on the verge of making a monumental mistake'

Ken Langone also had a word of advice for people who take issue with the country overall.

The Fed announces its second rate cut of the year during the government shutdown

The Fed announced a quarter-percent cut Wednesday, even as the government shutdown disrupts major data releases like the jobs and inflation.

Ukrainian drones hit a $20 million Pantsir missile system and a couple of radar stations in attacks on Russia's Crimea defenses

Ukraine has ramped up its strikes on Russian military and energy targets far beyond the front lines in recent months.

'Getting its groove back': Wall Street expects strong Q4 earnings for Apple as iPhone demand overrides China worries

Apple stock is facing its next big test as the iPhone maker gears up to report earnings. The company just topped a $4 trillion valuation this week.

Trump officially limits a major student-loan forgiveness program, blocking relief for some public servants

The Department of Education said Public Service Loan Forgiveness will not "subsidize illegal activity" in its final rule limiting the program.

Trump is ordering the US to revive nuclear weapons tests after a 33-year hiatus

The last time the US tested a nuclear weapon was in 1992, when Congress pushed to halt such trials in the wake of the Cold war.

Trump's post on restarting nuclear testing doesn't make a lot of sense

President Trump's Truth Social announcement that the US will restart nuclear testing raises more questions than it answers.

Russia's boasting big moves on a couple of nuclear 'super weapons.' Another may be operational soon.

Russia said it tested a nuclear-powered cruise missile and torpedo, two of its experimental weapons, in recent days.

2 federal judges ruled that the Trump administration has to keep sending out SNAP benefits despite the shutdown

Judges in Massachusetts and Rhode Island ruled Friday afternoon that the Trump administration must fund SNAP during the government shutdown.

Trump's nuclear weapons testing plan is still pretty murky — he and top officials aren't exactly clearing things up

The President announced the US would resume nuclear testing, but the plan remains unclear. He and other officials haven't provided much detail.

How some of the world's biggest tech companies stacked up during earnings season

To quickly catch you up on how things shook out, here's a rundown on the main takeaways from Alphabet, Amazon, Apple, Meta, and Microsoft.

Canadians take to social media to debate their prime minister's apology to Trump over anti-tariffs ad

The r/Canada subreddit lit up with over 1,200 comments after Carney said he apologized to Trump over the ad, which had derailed trade talks.

Climb aboard the USS New Jersey, the fastest, longest, and most decorated US battleship ever built

The USS New Jersey, an Iowa-class battleship, served in World War II, Korea, Vietnam, Lebanon, and the Persian Gulf. It's now a floating museum.

Student-loan borrowers could lose access to public service debt relief under a new Trump rule. Here's what's changing.

Trump's Department of Education finalized a rule that would narrow eligibility for the Public Service Loan Forgiveness program.

Politicians are increasingly pushing AI-generated content. It's scaring other politicians.

"When I'm on my feed today, I'm scared to death," on Democratic senator told BI. "I have no idea what's real and what's not."

Larry Summers said the best thing about the Trump-Xi meeting was that it 'didn't spiral out of control'

The former Treasury secretary said the meeting could have had "unfortunate and destabilizing outcomes" if it had gone downhill.

There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America

The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date.

Now AI fakes are fooling news outlets — and maybe AI pros?

We've known for years that AI would be able to make fake video that could dupe us. Now it looks like we're here.

Trump's major student-loan repayment overhaul continues during the government shutdown

Trump's Department of Education is kicking off the second week of negotiations on its student-loan repayment changes and new borrowing caps.

'We will not let this stand': Trump's new rule that blocks student-loan forgiveness for some public servants is hit with a fresh lawsuit

A coalition of labor unions and cities filed a lawsuit against the Trump administration over its new rule to limit Public Service Loan Forgiveness.

Jon Stewart's new deal shows Paramount isn't just Trump TV

The men who own Paramount want to please Donald Trump. They also want to please audiences. Discuss.

Trump says he will withhold SNAP benefits until the government shutdown ends

President Donald Trump said he will withhold November food stamps. This comes a day after the administration said it will pay partial benefits.

Sydney Sweeney said it was 'surreal' that President Trump reacted to her controversial American Eagle ad

Sydney Sweeney finally addressed her "great genes" American Eagle ad campaign — and what she thought of Trump's response.

Musk and Altman can't stop bickering. That could actually be good for their brand.

The clashes between Elon Musk and Sam Altman could boost their cred, yet there are also risks for leaders who spar where others can see.

Sam Bankman-Fried gave the feds an 'unprecedented' sneak peek of his testimony. A court will decide if he gets a trial do-over.

An appeals court will consider whether the FTX cofounder should get a new trial after he was sentenced to 25 years in prison for an $11 billion fraud.

UBS chair warns of 'systemic risk' from private credit ratings. Apollo CEO fires back: 'He's just wrong.'

Marc Rowan explained why UBS chief Colm Kelleher is wrong to worry about ratings in private credit.

I mingled with 10,000 doctors and scientists near CDC headquarters. It was like looking into a public-health crystal ball.

During the government shutdown, public health experts talked political and monetary hurdles, and fostering community amid uncertainty.

Zohran Mamdani wins NYC mayors' race in blow to billionaires who bet against him

Democratic socialist candidate Zohran Mamdani, 34, is projected to defeat Andrew Cuomo in the race for New York City mayor.

A US company making long-range drone warships for a China fight just put its tech to the test in the water

The US Navy needs multi-mission, long-range autonomous warships that can traverse and fight across the vast waters of the Pacific.

Mamdani's victory speech included a 4-word warning to Trump

New NYC Mayor Zohran Mamdani targeted Donald Trump in his victory speech, pledging to fight corruption and support unions.

The Supreme Court wants to know: Are Trump's tariffs too big for the president to decide alone?

A majority of Supreme Court justices on Wednesday expressed skepticism about President Donald Trump claiming so much power from a Carter-era law.

Trump renominates Jared Isaacman, a close Elon Musk associate, for top NASA position

President Donald Trump renominated Jared Isaacman, a close Elon Musk associate, on Tuesday after initially withdrawing the offer back in May.

How 'Never Trump' Republicans built a profitable media company by turning on their cameras

Bulwark CEO Sarah Longwell on her company's recent success — and why Democrats are struggling

A senior Russian lawmaker says Moscow just delivered new air defense systems to Venezuela

Alexei Zhuravlev also said Russia isn't restricted from sending offensive weapons, such as the Oreshnik ballistic missile, to Venezuela.

Mamdani is officially NYC mayor — read his full acceptance speech here

Zohran Mamdani beat former Democratic Gov. Andrew Cuomo and Republican Curtis Sliwa to win the race. Read his full acceptance speech.

Trump responds to Mamdani: 'He's off to a bad start'

Trump told Fox News that Mamdani gave "a very angry speech" on Tuesday night. The mayor-elect directly addressed Trump.

'Boomerslop' has taken over Meta AI's Vibes feed

Meta's stand-alone AI app has a video feed called Vibes. It's being taken over by Donald Trump memes and political stuff. I'm calling it "boomerslop."

John Mulaney attended a Supreme Court hearing on Trump's tariffs to hear lawyer friend argue

John Mulaney is developing a TV show with the attorney who argued in front of the Supreme Court opposing President Donald Trump's tariffs.

The case for, and against, Elon Musk's $1 trillion pay package

How much is Elon Musk worth? That question is at the core of the debate over the Tesla CEO's proposed pay package.

I'm a CEO pivoting my business abroad because of tariffs. I'm treating the US like hot lava.

Matthew Hassett, CEO and founder of Loftie, pivoted his strategy amid US tariffs, opting for international expansion to maintain growth and stability.

The whole economy is a casino. Businesses like Kalshi, Polymarket, and FanDuel are cashing in.

America is willing to gamble on anything, from sports to the stock market to elections. Kalshi, Polymarket, and FanDuel are happy to take those bets.

Main Street market moves: Here's what retail investors have done during a wild week for stocks

They haven't been buying dips, and they're cooling on gold and bitcoin.

Meta details $600 billion US investment pledge that led to a hot-mic moment between Zuckerberg and Trump

The $600 billion US investment that Mark Zuckerberg previously floated at a White House dinner with Trump is set to become a reality.

Why Omada Health is finally prescribing Ozempic as TrumpRx slashes GLP-1 weight-loss drug costs

Omada Health will start prescribing GLP-1 drugs for weight loss next year. TrumpRx's deal with Eli Lilly and Novo Nordisk is dropping the drugs' cost.

Russia's oil revenues plunge just as US sanctions hit when Moscow can least afford it

Russia's oil and gas revenues totaled 7.5 trillion rubles over the first 10 months of 2025, down from 9.5 trillion in the same period last year.

'Shocking and unjustified': House Democrat demands answers on why Trump pardoned billionaire Binance founder Changpeng Zhao

Rep. Robert Gracia issued a letter demanding Trump answers questions about his pardon of Changpeng Zhao and any business dealings with Binance.

The best way to have a smooth holiday season is to understand what type of mother-in-law you have

In this Saturday edition of BI Today, we're talking about the six different types of mothers-in-law and how to interact with them smoothly.

The Trump administration orders states to reverse full SNAP benefits sent for November

Some 42 million Americans rely on SNAP benefits, but payments have become shrouded in uncertainty amid the ongoing government shutdown.

Senators are meeting for a rare Sunday session to resolve the government shutdown: 'The deal is coming together'

Senate Majority Leader John Thune told reporters that lawmakers planned to hold a test vote on Sunday evening.

Businesses' use of AI comes with plenty of stops and starts

In this Sunday edition of Business Insider Today, we're talking about the highs and lows of AI in the workforce so far.

Trump says a tariff dividend of 'at least' $2,000 will be paid to most Americans

In a post on Truth Social on Sunday, Trump said the payments would be for all but "high income people."

Baby boomers have turned into Generation Can't-Let-Go

As boomers cling to power, America's become a gerontocracy — in business, housing, and the workforce. Here's what it means for millennials and Gen Z.

Trump recommends $10,000 bonus to air traffic controllers who didn't take time off during the government shutdown

The president sharply criticized air traffic controllers who took time off during the shutdown, saying he's "NOT HAPPY" with them.

Private jets are halted at 12 major airports as air traffic controllers continue to call out amid the shutdown

The impacts of the ongoing government shutdown have reached the wealthiest fliers, with 12 major US airports now closed to private jets.

Student-loan forgiveness is back on — but a tax change could be a 'financial disaster' for some borrowers

Sen. Elizabeth Warren is calling on the IRS to prevent student-loan borrowers from facing a "tax bomb" on debt relief beginning next year.

All the industries OpenAI is trying to disrupt

Sam Altman is increasingly leading OpenAI into spaces beyond AI research, disrupting industries like search, social media, healthcare, and robotics.

Trump's quick homeownership fix comes with a massive catch

Trump's proposals for a 50-year mortgage and a $2,000 tariff dividend represent short-term fixes to long-term problems.

Pilots are sounding off to passengers as travel stress from the government shutdown reaches fever pitch

One unnamed Southwest pilot was filmed telling passengers to call lawmakers about ending the government shutdown, which has snarled flights.

The US penny is officially dead

The government minted the final one-cent coin in Philadelphia, though billions remain in circulation.

The penny is no more. Good riddance.

The White House DOGE was right: the penny has been a drain on the economy and should have been phased out long ago.

Anthropic joins the American AI infrastructure spending spree with a $50 billion investment

Anthropic CEO Dario Amodei said that new investment will help the company "build more capable AI systems."

Ford's CEO says there's one C-suite job people should aim for if they want to change the world — and it's not his

Jim Farley said it's "no surprise" that Apple's Tim Cook came from a supply chain background because it requires similar leadership skills as a CEO.

Transportation Secretary says air traffic controllers who stopped working before missing pay could face consequences

Duffy said he was concerned about the "dedication" and "patriotism" of controllers who stopped working before missing their pay.

Here's when federal workers are expected to start receiving back pay

A senior administration official told BI that paychecks for the month of October should start going out on Saturday, continuing through November 19.

Trump carves out tariff exemptions on goods like coffee, bananas, and beef in bid to bring down grocery prices

President Trump on Friday signed an executive order to carve out a long list of everyday food imports from his tariffs, including beef, coffee, and bananas.

Top Goldman Sachs lawyer asked Jeffrey Epstein for career advice, bashed Trump, private emails show

Newly released emails show Kathryn Ruemmler, now Goldman's top lawyer and a former Obama official, maintained ties with Jeffrey Epstein for years.

Air traffic controllers didn't get paid during the government shutdown. Here's how much they make normally.

Transportation Secretary Sean Duffy said new air traffic controllers' starting pay is $180,000. It's more like $55,000 — and their mean wage is $137K.

Jeff Bezos and Lauren Sánchez Bezos are having their most fashionable year yet. Here's what they've worn so far.

Jeff Bezos and Lauren Sánchez Bezos didn't just get married this year. They also reached fashion milestones together at gala events and red carpets.

It's official: Members of Congress won't get a pay bump this year

The bill to reopen the government kept lawmakers' salaries frozen at $174,000 a figure that hasn't budged since 2009.

Treasury Secretary Scott Bessent says Trump's $2,000 tariff checks might need a congressional OK

Donald Trump has proposed sending $2,000 tariff checks to many Americans. Treasury Secretary Scott Bessent says that might need a congressional OK.

Americans really want their cheap stuff back

The White House told America to 'suck it up' on high prices. After Mamdani's win, where affordability was a key issue, Trump is scrambling to reverse.

The FAA says it's lifting shutdown-related flight cuts at airports nationwide

The lifting of flight restrictions will set airports back on a path to step up travel just before Thanksgiving.

The US Air Force's new strategic bomber and ICBM got more money — almost $1 billion —in the government shutdown deal

Funding is going to construction-related projects at Air Force bases expected to house the B-21, as well as infrastructure for Sentinel.

Google who? How a new generation of media startups is thriving without search traffic

New media startups like The Bulwark and Ankler Media are building their businesses with a focus on loyal subscribers over Google or Facebook traffic.

Trump says ABC's license should be revoked after reporter's Epstein files question

"I think the license should be taken away from ABC," Trump told an ABC reporter. "Because your news is so fake, and it's so wrong."

Kevin Hassett, a top Trump economic advisor, said that AI is bringing about a 'quiet time' in the labor market

Kevin Hassett said that AI could be causing the the recent softness in the job market as growing productivity lowers the demand for more headcount.

Former Treasury Secretary Larry Summers says he's stepping away from public life after Epstein emails surface

Senator Elizabeth Warren says Harvard should sever ties with Summers, who teaches economics at the university.

Elon Musk makes first public visit to the White House since feud with Trump

Musk attended a dinner with Saudi Crown Prince Mohammed bin Salman. He has largely toned down his criticism of Trump in recent months.

Passengers just lost out on repayments of up to $775 for long flight delays

Trump officials withdrew a proposal to pay passengers who experience long flight delays, an effort that has driven down flight disruptions in Europe.

The guest list for White House dinner for the Saudi Crown Prince included nearly 50 executives

Nvidia CEO Jensen Huang and Salesforce CEO Marc Benioff were on the guest list.

Ukraine's ATACMS strikes against Russia are officially back after months of delays

Ukraine said it would continue to strike Russia with ATACMS, indicating that US policy may have shifted after reports it was vetoing such attacks.

The Musk-Trump feud is thawing, again

Musk made his first public appearance at the White House in months, and later thanked Trump on X for "all he has done for America and the world."

MAGA is once again divided over AI

Trump is re-upping efforts to ban states from regulating AI, and it's drawing pushback from members of his own party.

Trump says he'd feel comfortable living in Zohran Mamdani's NYC

After meeting in the Oval Office, Trump and NYC Mayor-elect Zohran Mamdani sounded a largely conciliatory note.

David Ellison's rapport with Trump could give him an edge in the Warner Bros. Discovery bidding war

David Ellison's Paramount Skydance wants to buy Warner Bros. Discovery. A pairing of their streamers could challenge Netflix and Disney.

Why Comcast could go all out to buy Warner Bros. Discovery

Paramount, Comcast, and Netflix are battling over Warner Bros. Discovery. Comcast may be more motivated to make a deal than David Ellison's Paramount.

How Larry Summers' Harvard class reacted to his co-instructor saying his 'insights and wisdom' will be missed

Former Treasury Secretary Larry Summers said he'd leave Harvard and withdraw from public life after his links to Jeffrey Epstein were made public.

Republicans to Trump: No $2,000 tariff checks

Trump says that $2,000 tariff checks are coming mid-2026. His GOP allies on Capitol Hill aren't so sure.

The DOJ must now release its Epstein files. Here's what sets this disclosure apart.

The Justice Department has less than 30 days to make public its records on convicted sex offender Jeffrey Epstein. Here's what we could learn.

Trump is floating a few risky ways to make your mortgage cheaper

Trump's team has been exploring new ideas to make homebuying cheaper — from 50-year loans to assumable mortgages. Here's what could go wrong.

'Entitled,' 'complacent,' and 'sloppy': Inside the workplace tension at the world's largest HR organization

SHRM, led by Johnny C. Taylor Jr., has faced recent controversy over its DEI stances, strict internal policies, and Taylor's blunt messaging to staff.