5 Goldman Sachs employees share what it's like to work at the firm's fast-growing hub in Dallas
8 min read
exclusive
Money manager VanEck is backing an under-the-radar AI fintech to boost its ETF business
VanEck invests in fintech startup FinChat to give its ETF business an edge with AI-powered research tools.
4 min read
Nvidia CEO says AI models like DeepSeek's R1 need 100 times more compute
Nvidia faces more competition in inference compute
3 min read
Why Paul Singer, the octogenarian founder of $72 billion Elliott Management, does not have fun at work
In a rare interview, the Elliott Management founder Paul Singer talked about the hedge fund's activism, market risks, and advice for young people.
3 min read
Understanding Trust Funds: How They Work and Who They Benefit
Trust funds allow you and your heirs to earn an annual income. Learn what a trust fund is, how to set one up, and the types of assets it can hold.
16 min read
It's a tough time for consulting globally. In big-spending Gulf states, not so much.
As Gulf states like Saudi Arabia and Qatar look to move their economies away from oil, international consultancies are reaping the rewards.
6 min read
Elite investor Ray Dalio warns the US may suffer a financial 'heart attack' if the debt problem isn't tackled
Bridgewater founder Ray Dalio compared the US debt to plaque building up in a heart, and said it was vital to act before the situation worsens.
2 min read
Jamie Dimon says to quit if you don't like his RTO demands. Some of his tech workers might do just that.
The rollout of JPMorgan's RTO mandate has some tech employees considering job offers or teaming up to influence work policy.
11 min read
Sam Bankman-Fried's long-dormant X account is alive again — and posting about DOGE and leadership advice
A series of 10 posts appeared on the disgraced former FTX chief's X account, giving leadership advice about firing employees.
2 min read
Jamie Dimon says he hopes DOGE is successful because the US government is 'not very competent'
JPMorgan CEO Jamie Dimon said the government is inefficient and that he hopes DOGE is successful at making it more effective.
2 min read
Jamie Dimon defends viral town hall comments: 'I'm not against work from home. I'm against where it doesn't work.'
In a CNBC interview, Jamie Dimon reiterated his stance on bringing workers back to the office full time and described the DEI efforts he found wasteful.
3 min read
The list of major companies laying off staff this year, including Starbucks, Meta, and Microsoft
Layoffs have hit companies from Blue Origin to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and technological change.
12 min read
4 charts show how Warren Buffett's Berkshire Hathaway piled up cash, dumped stocks, and made a record tax payment in 2024
Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.
3 min read
Warren Buffett: how the frugal billionaire spends his fortune, from McDonald's breakfasts to the occasional splurge
Discover how Warren Buffett amassed his $150 billion net worth, and how the Berkshire Hathaway CEO spends his fortune.
9 min read
Warren Buffett included 4 key pearls of wisdom in his annual shareholder letter
The 94-year-old investing legend usually has a few pearls of wisdom in his annual shareholder letter. This year was no different.
3 min read
I was rejected for a car loan because my credit score was in the 300s. Now, I'm a multimillionaire, and I drive luxury cars.
Antoine Sallis was once rejected from getting a car loan because his credit score was 378. Now he's a multimillionaire with a credit repair company.
5 min read
What we know about the $1.5 billion Bybit crypto hack
Ben Zhou, Bybit's CEO, said that the hack had affected around 401,000 Ethereum and sparked a surge in withdrawal requests.
2 min read
2 cities tried basic income for formerly incarcerated people. Participants felt more food secure but struggled to pay for housing.
Gainesville and Durham gave formerly incarcerated residents $600 a month. It helped participants afford food and other essentials.
5 min read
Warren Buffett hails Berkshire Hathaway's record $26.8 billion tax payment and tells the government to 'spend it wisely'
Warren Buffett said in his letter that his company's record tax payment should be used to "take care of the many" who "get the short straws in life."
4 min read
exclusive
Paloma Partners, best known for backing D.E. Shaw, pulls $600 million from hedge funds to meet investor redemptions
The hedge fund Paloma Partners is drumming up cash to meet redemptions, including divesting from the buzzy quant fund Aquatic Capital.
5 min read
New weight-loss drugs like Mounjaro are hot right now. Eli Lilly's CEO explains why they're so expensive.
David Ricks said drugs like Mounjaro and Zepbound are priced to reflect the costs involved, patent expiry, and the enormous value they offer.
3 min read
Another DEI rollback as KPMG US ends strategy aimed at underrepresented groups
KPMG US has become the latest Big Four firm to pull back on DEI, according to an internal memo sent to staff last week.
4 min read
Citigroup drops its diversity targets, renames its DEI unit
Citi CEO Jane Fraser said the bank would renaming its diversity, equity, and inclusion team, among other changes, amid a growing DEI backlash.
1 min read
Don't let them sue: What private equity bosses want from Trump on 401(k)s
Trump opened the door for private equity to tap 401(k)s, and now private equity bosses want legal protection. Here's what that could mean for savers.
7 min read
The list of major companies requiring employees to return to the office, from JPMorgan and TikTok to Amazon
Companies requiring workers to return to the office include AT&T, Amazon, JPMorgan, and Toyota. View a list of RTO mandates across business and tech.
17 min read
exclusive
Charlie Javice's legal team asks colleagues to watch what they say at work in case Javice, 'who looks like one of us,' overhears
In an email obtained exclusively by BI, a partner at the high-powered law firm Quinn Emanuel thanked colleagues for their "discretion."
4 min read
Another key argument for stocks to keep soaring under Trump has been turned on its head
Wall Street was eyeing a dealmaking boom in the Trump era, but an announcement from the administration this week's clouds those views.
3 min read
HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the end of 2026.
3 min read
America is about to enter an apartment crunch
A historic wave of apartment construction is drawing to a close, which means rents may soon start rising again.
8 min read
As a financial expert, I taught all my kids the secret to building wealth: It's not about how much money you make
After seeing my mom struggle to make ends meet, I made a career in finance. I now teach my children to save and invest — not worry about salary.
4 min read
Elon Musk says AI could be key to filling out a perfect March Madness bracket and winning Warren Buffett's challenge
Elon Musk said his xAI's Grok-3 model could help someone complete a flawless March Madness bracket and win Warren Buffett's contest.
2 min read
Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'
Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.
3 min read
Big-name managers are piling into adtech stock AppLovin, the newest hedge fund hotel
The company's stock is up more than 1,200% since the start of 2024.
3 min read
Argentina's populist president promoted a meme coin — and now faces impeachment calls
After Javier Milei promoted the $libra meme coin on social media, its value soared before crashing hours later, sparking controversy in Argentina.
4 min read
'Big Short' investor Michael Burry cut 2 China tech bets before the DeepSeek rally — and piled into Temu's owner
Michael Burry of "The Big Short" fame pared his Alibaba and JD.com bets and bought into Temu-owner PDD before DeepSeek boosted Chinese stocks.
3 min read
Warren Buffett's Berkshire Hathaway slashed its Bank of America stake and dumped bank stocks last quarter
Warren Buffett's Berkshire Hathaway reduced its Bank of America stake to less than 9% and pared bets on Citigroup and Capital One last quarter.
3 min read
Some secondary buyers are finally showing interest in X, formerly known as Twitter, to ride the Trump wave
Some secondary buyers are inquiring about buying shares of X at $54.20 per share, marking an increase in interest in the company compared to last year.
4 min read
The Rainmakers: Meet the 20 bankers who led last year's M&A rebound, driving billions in fees to their firms
The top US merger banker last year was a woman. Meet her and 19 other dealmakers who dominated the M&A rebound, from Goldman Sachs to Evercore.
16 min read
'Attrition is your friend': More Jamie Dimon town hall comments — from adjusting to AI to dismantling the CFPB
Business Insider obtained a copy of Jamie Dimon's comments at a town hall. Here's more of what he said at the meeting with JPMorgan employees.
6 min read
Why Gen Z's adulting dreams are being crushed — and what they can do about it
Young people are racking up debt and being priced out of buying homes or having kids. Financial gurus say there are still ways to achieve their goals.
5 min read
Inside the mind of a meme coin trader
Meme coin traders who spoke to BI didn't fit a particular mold, but were united in their love of the thrill of watching the numbers go up.
7 min read
Crypto is booming. Most financial advisors aren't buying the hype yet.
"Clients trust us to secure their financial future. We can't be rolling the dice," a financial planner told Business Insider.
4 min read
Jamie Dimon is no stranger to the salty and direct language he used in viral WFH debate
Jamie Dimon is going viral for an f-bomb-dropping RTO debate with JPMorgan employees. The CEO has a history of being colorful and direct.
3 min read
Jamie Dimon's viral WFH comments draw haters — and fans
JPMorgan CEO Jamie Dimon lashed out at WFH in a now-viral audio recording. Not everyone is mad.
3 min read
Engagement Ring Financing: A Comprehensive Guide
Learn how to buy an engagement ring with a credit card, choose the right card, find strategies for budgeting, and manage credit effectively.
10 min read
The Big Four are sticking with hybrid work. Here are the RTO policies of Deloitte, KPMG, EY, and PwC.
The four largest consulting and accounting firms still let their collective 1.5 million employees work from home at least a couple of days a week.
5 min read
I started an exclusive network for millionaires where membership costs $33,000 a year. Here's what it's like inside our meetings.
TIGER 21 is a networking group for people with a minimum net worth of $20 million. The founder shares how ultrawealthy members support each other.
5 min read
Wyndham Hotels and Resorts is an unexpected winner in the data center construction boom
The US-based hotel chain saw a surge in occupancy rates at franchise locations near major data center construction sites.
2 min read
A Druckenmiller protégé who returned 22% last year lays out why now is the time to put money in China
Beeneet Kothari runs the $1.2 billion hedge fund Tekne Capital, which is based in New York and has a team working in China as well.
3 min read