Treasury Secretary Bessent says Trump wants to lower coffee and banana prices 'very quickly'

Tech Insider : Economy, Politics, Business
Treasury Secretary Scott Bessent speaks to reporters outside the White House
Treasury Secretary Scott Bessent said the Trump administration will take action to lower the prices of goods not grown in the US

Saul Loeb/AFP via Getty Images

Coinbase says it will leave Delaware, following Elon Musk to Texas

Tech Insider : Economy, Business
Coinbase man shadow
Coinbase announced last week that it plans to rescind job offers and freeze hiring indefinitely.

Sopa Images/Getty Images

IBM's chief scientist has advice for entry-level engineers: Think beyond Big Tech

Tech Insider : Business, Economy, Environment
Ruchir Puri in a hat smiling
IBM chief scientist Ruchir Puri has worked at the company for over 30 years.

IBM

The world's most powerful militaries in 2025, ranked

Tech Insider : Business, Economy
us military parade
The US ranked as the most powerful military in the world.

Matt McClain/The Washington Post via Getty Images

AI hype could sideline Gen Z workers

Tech Insider : Economy, Business, Technology
Tourists view Canary Wharf's financial district across the River Thames at Greenwich in London on May 10, 2025.
AI optimism could leave young workers behind as firms delay hiring until the technology pays off, economist Marc Sumerlin warned.

Mike Kemp/In Pictures via Getty Images

Uber and DoorDash now disclose when algorithms set prices. There's still one big question.

Tech Insider : Economy, Business
An Uber Eats gig worker rides a bike along a body of water while wearing a black hat and a green backpack.
A new law in New York requires businesses, including Uber and Lyft, to disclose when they're using algorithms to set prices.

Klaudia Radecka/NurPhoto via Getty Images

America has an elderly housing crisis. The solution is hiding in your backyard.

Tech Insider : Business, Economy, Environment
Rear view of a retired senior man reading a newspaper in front of houses.

Getty Images; Alyssa Powell/BI

To most New Yorkers, Coney Island is the people's playground, known for treacherous Cyclone rides and Nathan's hot dog-eating competitions. To Ruth Douglas, it's been home for the last 40 years.

AI is winning over consumers — but it's way behind with businesses, say Goldman Sachs analysts

Tech Insider : Technology, Economy, Business
A student uses an AI language model alongside a tutor for guided learning.
A Carnegie Mellon study finds students learn fastest when humans and AI teach together.

Philipp von Ditfurth/dpa/Reuters

What you need to know about Donald Trump's proposed $2,000 tariff revenue dividend checks

Tech Insider : Economy, Business
U.S. President Donald Trump waves to the audience during a Veterans Day ceremony at Arlington National Cemetery in Arlington, Virginia, U.S., November 11, 2025. REUTERS/Kevin Lamarque
Donald Trump proposed $2,000 tariff rebate checks for middle and low-income Americans.

Kevin Lamarque/Reuters

Supreme Court extends order blocking full SNAP payments

Tech Insider : Economy, Business
Volunteers place groceries during the People's Pantry Food drive to replenish food banks ahead of SNAP lapse at the USDA Headquarters.
Earlier this week, Trump said he will withhold food stamps until the government reopens.

Oliver Contreras / AFP

Subscribe to Economy