Russia’s revenue from oil and gas has plunged recently, putting further pressure on Moscow to end its war in Ukraine.In July, Russian President Vladimir Putin’s administration collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago, according to the country’s finance…
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President Donald Trump’s student-loan policies are good for business, a major private lender said.Trump’s “One Big Beautiful Bill” spending legislation, signed into law in July, included sweeping changes to student-loan repayment, including the elimination of a key affordable repayment plan and new caps on graduate borrowing. The changes signal a complicated — and likely more expensive — road ahead for millions of borrowers, and a potential surge of federal borrowers into private lending.That’s because if…
Disney is on a mission to make Disney+ its one-stop shop in streaming, prompting some…
The Pentagon just inked a record $3.5 billion deal with RTX for AIM-120 air-to-air missiles.…
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2025-08-05T18:01:37Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
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President Donald Trump on Tuesday said Treasury Secretary Scott Bessent won’t be in the running to become the next chair of the Federal Reserve. “He wants to stay where he is. I’ll take him off the — because I asked him just last night, ‘Is this something you want?’ ‘Nope.…
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We spoke with Lizzie Reed, a partner at Goldman Sachs, and Alisa Wood, a partner at KKR, about how they rose from interns to top executives and the advice they have for anyone looking to succeed in finance. They shared insider tips on standing out, building a long-term career, and…
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The Federal Market Open Market Committee expects interest rates to move down in 2025. Fixed income markets see two cuts coming, taking rates to 3.75% to 4% by December as the most likely outcome, down from 4% to 4.25% today. However, for quite some time the labor market has held…
