Trump tells the European Union to make a 'large scale' purchase of US oil and gas or face tariffs

Tech Insider : Economy, Business
Donald Trump speak at a podium with two US flags behind him
President-elect Donald Trump has called for the EU to balance its trade surplus with the US.

Andrew Harnik/Getty Images

Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what analysts are saying.

Tech Insider : Economy, Economy, Business
jerome powell
Federal Reserve Chair Jerome Powell surprised markets on Wednesday evening.

Jacquelyn Martin/AP

'Stealth firing' may save a company costs short term, but it can backfire in the long run

Tech Insider : Economy, Business, Environment
Man walking away from work after being fired, holding box of belongings
Some companies opt for "steal firing" to reduce head count — sacking staff for minor offenses. 

YinYang/Getty Images

Jeff Bezos and Trump had dinner at Mar-a-Lago, and were joined by Elon Musk

Tech Insider : Business, Technology
Jeff Bezos dealbook
Amazon founder Jeff Bezos said he was "very optimistic" about Trump's second term at the NYT's Dealbook conference.

Eugene Gologursky/Getty Images for The New York Times

Apple's $1 billion investment offer has reportedly convinced Indonesia to end its iPhone 16 ban

Tech Insider : Business, Economy
Apple iPhone 16 pro on display in a store.
Apple has proposed major investments in Indonsia's tech manufacturing facilities.

Beata Zawrzel/NurPhoto via Getty Images

A millennial spent $1 million converting a Tribeca loft into a swanky bachelor pad — and just sold it for $6.9 million

Tech Insider : Business, Style
Tech entrepreneur Alfonso Cobo and the NYC apartment he renovated.
Alfonso Cobo bought the apartment for $4.6 million and spent another $1 million in renovations.

Tim Lenz

The Waltons are once again the world's wealthiest family, beating out Gulf royalty and fashion dynasties

Tech Insider : Business
Alice Walton (Jim out of focus)
Alice Walton (Jim out of focus)

REUTERS/Rick Wilking

Chanel is betting its new artistic director can fill Karl Lagerfeld's shoes — not everyone is convinced

Tech Insider : Business, Economy
Matthieu Blazy walks the runway during the Bottega Veneta Ready to Wear Spring/Summer 2023 fashion show as part of the Milan Fashion Week on September 24, 2022, in Milan.
Matthieu Blazy, Chanel's new creative designer, previously held the top job at Bottega Veneta.

Victor VIRGILE/Gamma-Rapho via Getty Images

Elon Musk becomes the first-ever person to be worth $400 billion

Tech Insider : Business, Crypto
Elon Musk smiling at a Trump-Vance event, wearing a black
Elon Musk's wealth has surged since Donald Trump's reelection.

Jabin Botsford/The Washington Post via Getty Images

McKinsey reportedly promoted its smallest new partner class in years amid a consulting slowdown

Tech Insider : Business
The McKinsey & Company logo on a building.
McKinsey promoted around 200 people to partner this year, a substantial drop from 2023.

Fabrice Coffrini/AFP via Getty Images

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