Business leaders react to Trump's Davos speech

Tech Insider : Politics, Business, Style
US President Donald Trump delivers a special address to a crowd of people during the World Economic Forum annual meeting in Davos
US President Donald Trump delivers a speech during the World Economic Forum annual meeting in Davos

Fabrice COFFRINI / AFP via Getty Images

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Tech Insider : Business, Style, Travel
JPMorgan CEO Jamie Dimon
Dimon said at Davos that the cap would cause a "disaster."

Denis Balibouse/Reuters

Nvidia's Jensen Huang says it's a good time to be a plumber — and not just because it's an AI-proof job

Tech Insider : Business
Nvidia CEO Jensen Huang speaking at Davos 2026
Jensen Huang is optimistic about AI's impact on jobs.

Fabrice COFFRINI / AFP via Getty Images

Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Tech Insider : Business, Economy
Treasury Secretary Scott Bessent (left) and Donald Trump.
Treasury Secretary Scott Bessent (left) and Donald Trump.

ANDREW CABALLERO-REYNOLDS / AFP via Getty Images

Davos attendees are getting scammed by 'fake VIP passes' for the USA House

Tech Insider : Economy, Business, Crypto
The USA House in Davos is pictured.
Scammers are selling fake VIP passes to the USA House.

INA FASSBENDER / AFP via Getty Images

DeepMind and Anthropic CEOs: AI is already coming for junior roles at our companies

Tech Insider : Economy, Technology, Business
Dario Amodei
Dario Amodei warned last year that AI could wipe out half of all entry-level white-collar jobs.

David Dee Delgado/Getty Images for The New York Times

I got a blow-out in Davos for nearly $170. It was worth it to start the week off with peak confidence.

Tech Insider : Business
Kim Last at the Kopps Coiffure salon in Davos, Switzerland.
Kim Last starts Davos with a nearly $170 blowout, and she feels it's worth every penny for the hair, the coffee, and the networking opportunities.

Thomas Oswald for BI

The world's rich and powerful are descending on Davos — and many are coming by private jet

Tech Insider : Business, Travel
A view of the Zurich Kloten Airport upon the arrival of the private and VIP planes of the participants within the World Economic Forum (WEF) annual meeting held in Davos, in Zurich, Switzerland on January 17, 2023.
Private jets at Zurich Airport during the WEF annual meeting in 2023.

Michele Crameri/Anadolu Agency via Getty Images

How Semafor turned Washington into a profit center

Tech Insider : Politics, Business, Economy
Seamfor CEO Justin Smith speaks onstage at one of the news publisher's conference in Washington, DC, October 2025 in Washington, DC.
Semafor CEO Justin Smith says his company hosted close to 100 events in 2025. His ambition is to build a Washington, DC-based event that's supposed to rivals the annual Davos gathering in Switzerland.

Paul Morigi/Getty Images for Semafor

The billionaire's social calendar for 2026: The must-attend events for the world's wealthiest business icons

Tech Insider : Travel, Business, Sports
A collage of lavish and expensive items
Billionaires follow a pretty consistent schedule, flying their private jets en masse from Davos in January and Sun Valley in July, stopping in Monaco and St. Barts on their superyachts in between.

Getty Images; Rolex; Tyler Le/BI

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