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

Tech Insider : Politics, Business, Economy
Bilt Rewards CEO Ankur Jain
Bilt Rewards CEO Ankur Jain

Taylor Hill/Getty Images

Luxury retail giant Saks files for bankruptcy

Tech Insider : Business
saks
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy.

Jimin Kim / SOPA Images/Reuters

JPMorgan says office renovations are coming to accommodate the bank's ballooning workforce

Tech Insider : Business
jpmorgan tower

ANGELA WEISS/AFP via Getty Images

Jamie Dimon says JPMorgan has to invest in AI or risk getting 'left behind'

Tech Insider : Business, Technology
Jamie Dimon in front of a screen with a background of a hundred dollar bill
JPMorgan Chase CEO Jamie Dimon.

Noam Galai/Getty Images

'Big Short' investor Michael Burry explains why he's betting against Nvidia, not Meta or Microsoft

Tech Insider : Business
Michael Burry
Michael Burry

Jim Spellman/WireImage

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

Tech Insider : Business
JP Morgan

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Here's what smart people in economics and business are saying about the DOJ's Fed probe

Tech Insider : Economy, Economy, Business
Fed chair Jerome Powell
Fed chair Jerome Powell

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Private equity recruiting returned with its usual chaos — and better candidates

Tech Insider : Business
Junior Wall Street professional running toward blurry Wall Street buildings.
Wall Street professional running Wall Street sign

Getty Images; Alyssa Powell/BI

Klarna CEO backs Trump's 10% credit card cap, criticizing rewards as built on poorer borrowers' debt

Tech Insider : Economy, Business
Sebastian Siemiatkowski, CEO of online lender Klarna.
Klarna CEO Sebastian Siemiatkowski said President Donald Trump's plan to cap credit card interest rates for a year makes sense.

Spencer Platt/Getty Images

McKinsey CEO Bob Sternfels says the firm now has 60,000 employees: 25,000 of them are AI agents

Tech Insider : Business
Bob Sternfels, global managing partner of McKinsey.
McKinsey global managing partner, Bob Sternfels, makes a statement to the US Senate on the firm's work with Saudi Arabia, February 2024.

Screenshot from C-SPAN

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