Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Tech Insider
Bilt Rewards CEO Ankur Jain
Bilt Rewards CEO Ankur Jain

Taylor Hill/Getty Images

  • Trump has called for a 10% cap on credit card interest rates.
  • Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first year.
  • The move is voluntary. Trump would need to go through Congress to force credit card companies to cap rates.

President Donald Trump wants credit card interest rates capped at 10%. At least one

Politics, Business, Economy

Parents can now set limits on YouTube Shorts for teen accounts

Mashable
A person stands in profile staring at a phone. A large YouTube Shorts logo glows behind them.

YouTube is adding more ways to ensure the content your kids consume on their feeds is age and developmentally appropriate.

Starting today, parents can set screen limits for teen accounts that specifically monitor the amount of time young users spending scrolling through their Shorts feed. As the feature rolls out, parents will also get the option to set Shorts scrolling time to zero. Time controls

Technology

Verizon outage hits users across US

Tech Insider
Verizon
Some Verizon customers are experiencing service outages.

Smith Collection/Gado/Gado via Getty Images

  • A service outage on Wednesday hit tens of thousands of Verizon users.
  • Verizon said the outage is affecting its wireless voice and data services.
  • The emergency management offices in Washington, D.C., and New York City have issued alerts.

Verizon outages are affecting tens of thousands of customers.

The

Business

Saks owes hundreds of millions to luxury brands from Chanel to Burberry

Tech Insider
A person enters the Saks Fifth Avenue department store in New York on January 13, 2026.
A person enters the Saks Fifth Avenue department store in New York on January 13, 2026.

ANGELA WEISS / AFP

  • Saks Global's Chapter 11 filing reveals that it owes hundreds of millions to big-name brands.
  • Major unsecured creditors include Chanel, LVMH and Christian Louboutin, and Burberry.
  • Google and Meta are also among the list of unsecured creditors.

Saks Global has filed for Chapter 11 bankruptcy protec

Business

California's Attorney General is investigating Grok's sexualized deepfakes

Tech Insider
Rob Bonta speaks during a news conference
California Attorney General Rob Bonta said there was an "avalanche of reports detailing the non-consensual, sexually explicit material that xAI has produced."

Tayfun Coskun/Anadolu via Getty Images

  • Elon Musk's xAI is now the subject of an investigation by the California Attorney General.
  • Attorney General Rob Bonta is investigating reports that Grok is generating nonconsensual sexualized images of
Business

Interior designers share the 9 biggest mistakes people make when decorating a living room — and how to avoid them

Tech Insider
Living room with gray couch on edge of beige rug, ceiling fan, overhead lighting
A few simple design mistakes could be ruining the look of your living room.

sheilasay/Getty Images

  • Interior designers told us the top mistakes people make when styling and decorating a living room.
  • They said it's important to have enough lighting and surfaces within the space.
  • Try to avoid mounting your TV too high above a fireplace and pushing your couch against a wall.

Even if your living room is

Business, Style