3 companies preparing to raise prices if Trump's trade plan is enacted
Three executives have publicly said they'd raise prices for consumers if Trump enacts his proposed tariffs.
Economy
Intel is far from becoming the American chipmaking powerhouse the US needs
Intel is struggling to overcome a series of challenges and establish itself as a globally competitive chipmaker.
Forget LA and BK: The rural places where young Americans are moving
Younger Americans are moving to rural areas, with large increases in Colorado, Texas, Montana, and the Southeast.
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
It's time to rethink what work-life balance really means
A work-life balance is generally thought of as the balance between time at work and personal time. But it may be time to rethink that.
Some of Trump's key cabinet picks provide clues to how his administration will approach the business world
President-elect Donald Trump's picks for US attorney general and secretary of state illustrate a potential hardline approach to Big Tech and China.
Companies are struggling to teach employees how to do their jobs
HR professionals, managers, and frontline employees all agree that the quality of on-the-job training has declined.
Leaving Los Angeles: Why the film industry is ditching Hollywood
The share of productions being shot in Los Angeles is on the decline. That's allowing entertainment workers to move across the country.
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Homebuilders fear Trump's mass deportations would inflate costs and make it even harder to hire
Construction work relies heavily on immigrants. Industry leaders worry even the threat of deportations would scare off documented workers.
Jeff Bezos just invested in laundry-folding robots
Jeff Bezos just invested in a robot company called Physical Intelligence. Its robots can fold laundry and put eggs in a carton.
Russia's economy is heading toward a fate worse than recession, pro-Kremlin economists say
"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high inflation," TsMAKP said.
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
Trump's plans would likely add large amounts to the US debt pile, economists have predicted. The national debt stands at almost $36 trillion.
Elon Musk is looking to cut government waste. Here's what the US spends money on right now.
Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. The US spends the most on Social Security.
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Builders have 108,000 unsold homes. Good luck trying to buy one.
Builders have too many new homes on their hands. But before they slash prices, they have another option: sell to investors in the rental market.
Russia's lucrative oil and gas industry is an easy target for Europe after Trump's election victory
The European Commission's president said the European Union could boost US liquified natural gas purchases in a deal with Trump.
Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
Donald Trump's proposed tariffs would hit the consumer tech sector, raising prices on US consumers' favorite gadgets, an October report found.
Trump said he'll unleash an oil boom. ExxonMobil CEO says not so fast.
ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.
Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says
Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest rates, and rising unemployment, Roubini said.
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report by the Russian Kommersant newspaper.
Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year
Prices of potatoes — a Russian staple — have surged by 64% this year.
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AOC asked voters why they backed her candidacy and Trump's reelection. Instagram users pointed to the economy and Gaza.
Rep. Alexandria Ocasio-Cortez recently took to Instagram to argue that "most people" weren't ready for the president-elect to be in office again.
Trump's plan for Social Security would help baby boomers in the short term and cut benefits for anyone younger
Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-income retirees and younger generations.
Trump's proposed trade war raises the chances of a US recession to 75%, Wall Street strategist says
A BCA Research strategist, Peter Berezin, said investors should be underweight in stocks because of President-elect Donald Trump's tariff plans.
Student-loan borrowers can expect 2 of Biden's key debt relief efforts to face roadblocks under Trump
President-elect Donald Trump is unlikely to continue Biden's student-debt relief efforts, from the SAVE plan to broad loan forgiveness.
Bans on out-of-hours work calls and emails are looming. They could bring trouble as well as peace.
A legal ban on contacting employees after typical work hours could cause problems for bosses that enjoy flexible working.
Trump's pick for 'border czar' gives a peek into his plan for a mass deportation
In a Truth Social post, Donald Trump named Thomas Homan, a former acting ICE director, to lead mass-deportation efforts as "border czar."
Europe faces a 'full-blown recession' under Trump's tariffs, a major Dutch bank is warning
Trump has pledged to launch fresh tariffs on imports into the US during his second term, which would likely hurt European economies.
Only children are everywhere now — and they might just save America
In an America that is more divided than ever, the coming reign of the only child might just be what brings us back together.
Global manufacturing is poised for a temporary boom ahead of possible Trump tariffs
Businesses may rush to front load imports into the US to avoid higher tariffs after Trump takes office.
Mark Cuban says Trump's tariff proposals will ramp up prices
Mark Cuban said companies are already bracing for increased tariffs under a second Trump term and that they'll have far-reaching consequences.
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The 'blue wall' was Kamala Harris' clearest path to the White House. Here's why it faded away.
Vice President Harris sought to bring together the coalition that elected President Biden. But a series of challenges proved insurmountable.
Insider Today: Preparing for Trump 2.0
In this Sunday edition of Insider Today, we're talking about how companies are gearing up for a second Trump administration.
Private jet usage is way up for 2 reasons
The pandemic and new options for flying private led non-commercial flights to soar since 2020.
Americans' cost-of-living anxiety is creating a population of oversavers
Many Americans are hoarding cash as they worry about higher costs of living. It might not be the best move for financial well-being.
Economists say Trump could give Americans the very thing they voted against
Trump's campaign promises of broad-based tariffs, mass deportations, and lower taxes could fuel a new era of inflation in the US.
Russian economists and officials foresee a hard struggle in 2025
At a pivotal economic forum, leading figures in Russia's economy said to expect lower growth and investment delays due to funding issues.
Red, blue, and green: US voters elected minimum wage increases
Americans in a few states voted for Trump and higher minimum wage, a policy typically touted by Democrats.
Some Uber and Lyft drivers are asking riders to avoid the apps and pay in cash
Some Uber and Lyft drivers are going around the rideshare apps and asking riders to pay them directly, people told BI.
Voters worldwide are angry about higher prices and keep punishing those in power
Incumbent governments have lost ground in Britain, France, Japan, India, and elsewhere this year, setting the stage for Donald Trump's victory.
Forget swing states. Here's how the generations flipped on Election Day.
Gen Xers, millennials, and Gen Z all shifted more conservative this election cycle, while boomers moved left.
The list of major companies making changes ahead of Trump's return to the White House
Consumer-facing brands, from Warby Parker to Traeger to Yeti, are addressing the election of Donald Trump and how they're adjusting operations.
Billionaire investor Stanley Druckenmiller says the Fed may have declared victory on inflation too early
"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise concerns over inflation and future economic policies.
CEOs from Airbus, Honda, and Puma are already talking about the impact of Trump's tariffs
Tariffs are already dominating conversations among the highest echelons of global business, months before Donald Trump's inauguration.
Democrats wished the election was about jobs. Trump's win indicates it was about prices.
Donald Trump gained support in some states that saw declines in real wage growth, higher costs of living, and higher unemployment.
China just announced a $1.4 trillion plan to rescue its local governments
Friday's announcement is the latest in a string of stimulus measures China has taken to turn around its ailing economy.
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed Chair Jerome Powell said he wouldn't resign if Donald Trump asked him to, adding that firing him without cause is "not permitted under the law."
The chances of Russia's economy collapsing are 'extremely small,' and the war can go on for the long term, economist says
An economist says Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable.
The Federal Reserve gives Americans another interest-rate cut
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.