Politics


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Trump calls Romney a 'stone cold loser' after the Utah senator was booed at a Utah GOP conference

Donald Trump delighted in Romney being booed off stage at a GOP convention, calling him a "stone cold loser." Joe Raedle/Getty Images; Susan Walsh-Pool/Getty Images Donald Trump on Sunday celebrated Sen. Mitt Romney being booed at a Utah GOP convention. Trump called Romney a "stone cold loser" and a "RINO" - an acronym for "Republican in name only." Romney was booed at the conference hours before an attempt to censure him for voting for Trump's impeachment failed. See more stories on ...
Tags: Utah, Politics, News, Senate, Trends, Cnn, Gop, Mitt Romney, Republican Party, Donald Trump, Cnbc, Trump, Salt Lake Tribune, Aren, Romney, Susan Walsh


Bill and Melinda Gates are ending their 27-year marriage. Here's how the Microsoft cofounder spends his $129 billion fortune, from a luxury-car collection to incredible real estate.

Bill Gates has an estimated net worth of $129 billion. Thierry Chesnot/Getty Images Bill Gates and his wife of 27 years, Melinda French Gates, are getting a divorce. Gates, the cofounder of Microsoft, has a fortune worth $130.5 billion. Gates indulges in a few luxuries, but he mainly spends through the Bill & Melinda Gates Foundation. Visit Business Insider's homepage for more stories. Bill and Melinda Gates are ending their 27-year marriage.The couple announced the news in a statement...
Tags: Amazon, Elon Musk, News, Microsoft, Australia, California, Washington, New York City, Nigeria, US, San Francisco, Barack Obama, Trends, Atlanta, Wealth, Features


Mohamed El-Erian says inflation is here to stay and won't be 'transitory' like the Fed claims

Federal Reserve Chair Jerome Powell. Pool/Getty Images Mohamed El-Erian says inflation is not "transitory" like Jerome Powell has claimed. He cited the multitude of examples, from rising lumber prices to Warren Buffett's "very substantial" inflationary pressure comments in Berkshire's annual meeting. The president of Queen's College Cambridge said the Fed needs to start "tapping the breaks" on its dovish policy and asset purchases. Sign up here for our daily newsletter, 10 Thin...
Tags: US, Barack Obama, Trends, Pimco, Warren Buffett, Berkshire, Financial Times, Cnbc, Fed, The Fed, Bank of Canada, Powell, Allianz, Mohamed El Erian, Global Development Council, El Erian


Blinken says China is 'acting more repressively at home and more aggressively abroad'

Antony Blinken speaks during his confirmation hearing to be Secretary of State before the US Senate Foreign Relations Committee on January 19, 2021 in Washington, DC. Alex Edelman/Getty Images The U.S. Secretary of State warned that China had started acting "more aggressively abroad." He told CBS News that he wanted to avoid military confrontation between the two superpowers. "What we've witnessed over the last several years is China acting more repressively at home and more aggressive...
Tags: Politics, Usa, Washington, Cbs News, China, US, Trends, Joe Biden, Beijing, United States, Xi Jinping, Alaska, US Senate, Biden, Cnbc, Trump


Biden's tax hike will hit married couples earning more than $510,000 combined, according to a report

President Joe Biden holds the first news conference of his presidency at the White House on March 25, 2021. Photo by Chip Somodevilla/Getty Images President Joe Biden has repeatedly promised that he won't raise taxes on those earning less than $400,000 annually. But people in married couples each earning less than $400,000 may have to pay more under Biden's tax changes. A White House official told Axios Biden would increase the income-tax rate for families earning more than $509,3...
Tags: White House, Trends, Joe Biden, Biden, Cnbc, Bernie Sanders, Axios, Axios Biden, Kate Duffy


Biden's income-tax hike could hit some people earning less than $400,000 after all

President Joe Biden holds the first news conference of his presidency at the White House on March 25, 2021. Photo by Chip Somodevilla/Getty Images President Joe Biden has repeatedly promised that he won't raise taxes on those earning less than $400,000 annually. But people in married couples each earning less than $400,000 may have to pay more under Biden's tax changes, Axios reported. A White House official said Biden would increase the income-tax rate for families earning more t...
Tags: White House, Trends, Joe Biden, Biden, Cnbc, Bernie Sanders, Kate Duffy


Tucker Carlson's former editor said the Fox host always had a 'mean streak' but his anti-mask comments were 'repulsive'

A composite image of Tucker Carlson and Bill Kristol. Getty/Getty The conservative pundit Bill Kristol founded the magazine where Tucker Carlson started his career. Kristol weighed in on Carlson's recent anti-mask comments, calling them "really terrible." He said Carlson "always had a slightly mean streak" but said the latest comments went beyond that. See more stories on Insider's business page. Tucker Carlson's old editor had some choice words to say about the Fox News host&#...
Tags: Politics, Trends, Walmart, Cnn, Fox, News UK, Fox News, Cnbc, Tucker Carlson, Carlson, Bill Kristol, Weekly Standard, Kristol, LSB- Carlson, Lincoln Project, Coronavirus


Former Obama White House advisor arrested for allegedly stealing hundreds of thousands of dollars from charter schools he founded

The White House. Andrea Izzotti/Shutterstock A former Obama White House advisor was arrested over allegations he stole from charter schools he created. Prosecutors say Seth Andrew laundered money to get a discounted interest rate for a Manhattan mortgage. Andrew worked in the Office of Educational Technology at the White House until 2016. See more stories on Insider's business page. A former senior advisor in the Obama White House allegedly stole more than $200,000 from a charter schoo...
Tags: Politics, Obama, White House, New York City, Trends, Cnn, Manhattan, The White House, Cnbc, Money Laundering, Andrew, Democracy Prep school, Seth, Obama White House, US Department of Education, Office of Educational Technology


Republicans have an idea who should pay to overhaul the country's infrastructure: average people

Sen. Susan Collins (R-ME) and a group of Senate Republicans speak to reporters outside the White House in February. Chip Somodevilla/Getty Images Infrastructure talks are gaining steam in Congress, and Republicans are floating new road taxes on drivers. The GOP is lining up against a corporate tax hike, arguing it would hurt job growth. Instead, they're hinting they may support user-fees such as a raise to the gas tax or vehicle mileage tax. See more stories on Insider's business p...
Tags: Texas, Obamacare, Congress, Washington Post, Senate, White House, US, Barack Obama, Trends, Joe Biden, Gop, Maine, Biden, Donald Trump, Chamber of Commerce, Susan Collins


American voters overwhelmingly like the stuff the GOP wants to strip out of Biden's infrastructure plan

President Joe Biden. Mandel Ngan/AFP via Getty Images A CNBC poll found that just 36% of voters support Biden's infrastructure plan as is. But most supported funding for nontraditional infrastructure measures, like caregiving and climate. The GOP argues that anything unrelated to physical infrastructure doesn't belong, but voters seem to disagree. See more stories on Insider's business page. President Joe Biden unveiled his $2.3 trillion infrastructure package two weeks ago, an...
Tags: Senate, White House, US, America, Trends, Joe Biden, Gop, South Dakota, New York Times, Mitch McConnell, Fox News, Republican, Biden, Cnbc, Bloomberg TV, Kristi Noem


Senate Republicans are drafting their own infrastructure plan and want to tax people for it, not corporations

Sen. Mitt Romney (R-UT). Caroline Brehman/CQ-Roll Call, Inc via Getty Images Republicans are starting to draft an infrastructure plan in a bid to strike a deal with Biden. It may shift the financial burden of the plan onto people instead of large corporations. The plan could come in at less than half of the $2.3 trillion proposal laid out by the White House. See more stories on Insider's business page. A group of Senate Republicans is assembling an infrastructure plan, part of a bid to...
Tags: Maryland, Senate, White House, West Virginia, Trends, Joe Biden, Gop, Louisiana, Republican, Biden, Cnbc, Trump, Capito, Larry Hogan, Sen Bernie Sanders, Romney


Meet the team of Black executives who quickly mobilized hundreds of CEOs to oppose restrictive voting laws

Kenneth Chenault Justin Sullivan / Getty Justin Sullivan / Getty Five Black executives led the effort to get 700 companies to oppose restrictive voter laws. Charles Phillips, former CEO of Infor, said they texted and emailed hundreds of companies. Over the course of 3 weeks, companies came together to speak out against the Georgia law. See more stories on Insider's business page. Hundreds of companies signed a statement Wednesday that condemned restrictive voting laws, like the one pas...
Tags: Verizon, Politics, News, Washington Post, Stanford, US, Trends, Georgia, Merck, Harvard, Selma, Retail, American Express, Berkshire Hathaway, Warren Buffett, Darden Restaurants


GOP Senator says a 'sweet spot' on bipartisan infrastructure deal is less than half of what Biden wants

Sens. Shelley Moore Capito, R-W.Va Tom Williams/CQ-Roll Call, Inc via Getty Images Sen. Shelly Moore Capito said a "sweet spot" for a bipartisan infrastructure deal is less than half of what Biden wants. "I would say probably into the $600 or $800 billion, but we haven't put all of that together yet," Capito told CNBC. Other Republicans like Mitt Romney and Bill Cassidy are signaling there's an infrastructure plan being drafted. See more stories on Insider's business page. Repu...
Tags: Utah, Politics, Republicans, Congress, White House, West Virginia, Trends, Joe Biden, Economy, Policy, Infrastructure, Democrats, Gop, Mitt Romney, Capitol Hill, Louisiana


GOP donors and lawmakers reportedly discussed how to tackle big tech during an RNC event at Donald Trump's Mar-a-Lago resort

The event took place at Donald Trump's Mar-a-Lago resort in Florida. Getty Key GOP players discussed the future of big tech and social media at the RNC donors' summit, CNBC reported. Wisconsin Sen. Ron Johnson told the publication he spoke to attendees about bias in social media. Republicans and social media sites are at loggerheads over blockings and content moderation. See more stories on Insider's business page. Key Republican figures spent some of the weekend mulling plans ...
Tags: Amazon, Facebook, Florida, Politics, Senate, America, Trends, Social Media, Gop, Wisconsin, Marco Rubio, Mitch McConnell, Republican Party, Republican, Usa Today, Donald Trump


Rep. Katie Porter calls Biden's move to split up his infrastructure package 'a big mistake'

Representative Katie Porter (D-CA). Brian Snyder/Reuters Rep. Katie Porter of California called Biden's move to split his infrastructure plan 'a big mistake.' She argued Democrats should merge family policies into a large infrastructure plan. Last month, Biden noted that 2 millions women had left the workforce since the pandemic started. See more stories on Insider's business page. Democratic Rep. Katie Porter of California called President Joe Biden's decision to split...
Tags: California, White House, Trends, Joe Biden, Biden, Cnbc, Porter, Katie Porter, Joseph Zeballos Roig, CA Brian Snyder Reuters


New York's wealthiest residents are considering fleeing to Florida ahead of income-tax hikes in the state, according to a report

New York Governor Andrew Cuomo. AP Some businesses and executives are considering leaving New York to avoid tax hikes, CNBC reported. On Thursday, Cuomo unveiled proposals to hike up income taxes in the state. Miami's mayor said he'd already spoken to some of New York's biggest firms about moving to Florida. See more stories on Insider's business page. New York's mega-millionaires are set to start paying the nation's highest income-tax rates, and some are already co...
Tags: Elon Musk, Florida, Politics, New York, Texas, California, White House, New York City, US, Trends, Economy, Policy, Income Tax, Miami, Silicon Valley, Andrew Cuomo


Florida Gov. Ron DeSantis says his state is suing the CDC to bring back cruises

Republican Florida Gov. Ron DeSantis. Paul Hennessy/SOPA Images/LightRocket via Getty Images Florida Gov. Ron DeSantis says the state will sue the CDC to bring back cruise ships "immediately." The CDC has put a hold on the cruise industry since the COVID-19 pandemic first began. The cruise industry has fought back, instead arguing for a cruising return from US ports by July. See more stories on Insider's business page. Florida Gov. Ron DeSantis announced Thursday that the state will b...
Tags: Travel, Transportation, Florida, Politics, News, Cdc, US, Trends, Cruise, Miami, Cnbc, Royal Caribbean, Bermuda, Jim Cramer, Cruise Lines International Association, US Centers for Disease Control and Prevention


Why one of Wall Street's titans is on the side of the tax reformers - and maybe Joe Biden and Janet Yellen

JPMorgan CEO Jamie Dimon. Getty Images An "extraordinary number" of loopholes help the rich but not the US economy, JPMorgan CEO Jamie Dimon said. Dimon echoes the pitch from the Biden administration to pay for a massive infrastructure and jobs program. Dimon, who mainly donates to Democrats, has long been rumored as a potential Treasury Secretary but has passed on the job. See more stories on Insider's business page. Tax policy has taken center stage in recent weeks. President Joe Bid...
Tags: US, Barack Obama, Trends, Joe Biden, Treasury, Warren Buffett, Janet Yellen, Biden, Donald Trump, Jamie Dimon, Cnbc, Jpmorgan, Dimon, Ben Winck, Jamie Dimon Getty


US stocks mixed ahead of Biden's infrastructure plan announcement

Dutch self-employed market maker Alexander Jacobs (top R) places orders at work between other traders at Amsterdam's Euronext bourse December 14, 2000. The death of open outcry trading in Amsterdam, the last options exchange in Europe to replace the shouts of the trading pit with the hush of computer screens, will mark the end of a way of life for 31-year-old Jacobs and the 400 other traders like him. Reuters US stocks closed mixed on Wednesday, the last trading day of the first quarter...
Tags: Europe, White House, US, Trends, Markets, Bloomberg, Joe Biden, Amsterdam, Treasury, Blackberry, Goldman Sachs, US Treasury, Biden, Stock Market, S&P 500, Cnbc


Facebook reportedly removed a video interview with Donald Trump for violating its ban on the former president

Then-US President Donald Trump on September 23, 2020. MANDEL NGAN/AFP via Getty Images Facebook has removed a video featuring an interview with Trump that his daughter-in-law posted. Lara Trump said Facebook wrote in an email that the video violates its current ban on Trump. Facebook banned Trump on January 7 after the insurrection at the US Capitol. See more stories on Insider's business page. Facebook has removed a video that featured an interview with former President Donald Trump b...
Tags: Facebook, Mark Zuckerberg, Twitter, Politics, News, Instagram, US, Trends, Social Media, Joe Biden, Donald Trump, Cnbc, Trump, Facebook Page, Trump Twitter, Eric Trump


From Rudy Giuliani to Fox News, here's everyone Dominion and Smartmatic are suing over election conspiracy theories so far

MyPillow CEO Mike Lindell, Sidney Powell, and Rudy Giuliani are being sued by Dominion. Drew Angerer/Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Joshua Roberts/Getty Images Conspiracy theorists claim Dominion and Smartmatic "flipped" votes from Donald Trump to Joe Biden. The election technology companies are now suing the people who spread those claims. Here's who's being sued so far. Visit the Business section of Insider for more stories. Dominion and Smartmatic...
Tags: Politics, Elections, New York City, US, America, Trends, Joe Biden, Features, Fox, Gop, Fox News, Getty, Republic, Giuliani, Fox News Channel, Donald Trump


Transportation Department says taxing drivers by the mile is not part of Biden's agenda after Buttigieg said it showed 'promise'

Secretary of Transportation Pete Buttigieg at a press conference in February. John McDonnell/The Washington Post via Getty Images The Department of Transportation clarified comments made Friday by Transportation Secretary Pete Buttigieg. Buttigieg on Friday said that a mileage tax to fund Biden's infrastructure plan had "a lot of promise." But on Saturday, a spokesperson said such a tax is not part of Biden's agenda. See more stories on Insider's business page. The office of S...
Tags: Apple, Transportation, Washington Post, White House, US, Trends, Biden, Department Of Transportation, Cnbc, Pittsburgh, John Mcdonnell, Transportation Department, Buttigieg, Pete Buttigieg, Pete Buttigieg Buttigieg, Adam Wren


Texas Democrat says the White House is 'not moving fast enough' on migrant surge

Rep. Henry Cuellar told CNBC's "The News with Shepard Smith" that the Biden administration must "work with Mexico and Central America."
Tags: Texas, Mexico, White House, Biden, Cnbc, Shepard Smith, Henry Cuellar


Biden advisors reportedly plan $3 trillion more spending on infrastructure, universal pre-K, climate change initiatives

President Joe Biden. Evan Vucci/AP Joe Biden's economic advisors are drafting a proposal to recommend $3 trillion of more spending. The New York Times reports the White House may split its colossal infrastructure plan in two. The first part would focus on infrastructure and climate, the second may set up universal pre-K. See more stories on Insider's business page. Instead of pushing a single colossal spending bill through Congress, President Joe Biden's advisors are reportedly...
Tags: Hbo, Congress, Senate, White House, Trends, Joe Biden, Gop, Mitch McConnell, The New York Times, Republican, Biden, Cnbc, Manchin, House Transportation and Infrastructure Committee, Peter DeFazio, Sam Graves


Biden advisors plan up to $3 trillion more spending on infrastructure, universal pre-K, climate-change initiatives

President Joe Biden. Evan Vucci/AP Joe Biden's economic advisors are drafting a proposal to recommend up to $3 trillion more spending, a person familiar confirmed to Insider. The New York Times first reported the White House could split its colossal infrastructure plan in two. The first part would focus on infrastructure and climate. The second may set up universal pre-K. See more stories on Insider's business page. President Joe Biden's economic advisors are expected to presen...
Tags: Hbo, Congress, Senate, White House, Trends, Joe Biden, Gop, House, New York Times, The Times, Mitch McConnell, Republican, Biden, Cnbc, Manchin, House Transportation and Infrastructure Committee


Photos show what Europe's 3rd COVID-19 wave looks like as hospitalizations mount and Italy enters another lockdown

A general view shows a bar's deserted terrace on Piazza Vittorio Veneto in Turin on March 17, 2021 Photo by MARCO BERTORELLO/AFP via Getty Images Germany, Italy, and other countries in Europe enforced new lockdown measures as COVID-19 cases rise. Infectious disease expert Lothar Wieler said the third COVID-19 wave in Germany had "already begun." Much of Europe has lagged behind the US and the UK in rolling out the COVID-19 vaccine. See more stories on Insider's business page. M...
Tags: Europe, Politics, UK, News, France, Germany, US, Trends, Features, Cologne, Czech Republic, Budapest, Hungary, South Africa, Marseille, Paris


Stimulus checks are on the horizon as Biden prepares to sign relief bill: Thursday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters.  Checking in The House of Representatives passed the $1.9 trillion coronavirus relief bill on a party line vote on Wednesday, with a single Democrat breaking ranks to vote no with every Republican in the chamber. The White House says Preside...
Tags: Apple, Google, White House, New York City, Advertising, San Francisco, Joe Biden, House Of Representatives, Ubs, Biden, Burger King, Oprah, Indiana Pacers, Department Of Transportation, Pew Research Center, Cnbc


With Merrick Garland now finally confirmed as the next US Attorney General, might another DOJ charging and sentencing memo be soon forthcoming?

As reported in this CNBC piece, the US Senate "on Wednesday voted to confirm Merrick Garland as attorney general, placing the longtime federal appeals court judge and one-time Supreme Court pick at the helm of an agency central to President Joe Biden’s domestic policy agenda. The vote was 70-30." Here is more: Garland takes over as the head of the Department of Justices as the sprawling agency continues to investigate the Jan. 6 riot at the U.S. Capitol, one of the largest probes in its history...
Tags: Supreme Court, Law, Obama, Senate, White House, US, Barack Obama, Joe Biden, Clarke, US Senate, Monaco, Biden, Doj, Justice Department, Cnbc, Antonin Scalia


10 Things in Politics: Wall Street says economy's about to roar back

Wall Street Matteo Colombo/Getty Images Good morning! Welcome back to 10 Things in Politics. Sign up here to get this newsletter in your inbox each day.Send your tips and thoughts to [email protected] or tweet me @BrentGriffiths.Here's what you need to know:Wall Street sees an economy on the verge of a big comeback.Fox's Maria Bartiromo is gunning for a prime-time slot.The royal family has broken its silence on Meghan and Harry's bombshell interview.1. HERE COMES THE BOO...
Tags: Politics, UK, Nbc, Kentucky, Senate, White House, China, US, Newsletter, Trends, Georgia, Fbi, Fox, Gop, Ofcom, Alaska


Joe Manchin's opposition to party-line infrastructure bill may derail early Democratic efforts to capitalize on Biden stimulus

Sen. Joe Manchin. Leigh Vogel/Pool via AP, File West Virginia Sen. Joe Manchin said he won't support an infrastructure bill without GOP support. It may set back Democratic efforts to capitalize on Biden's stimulus with another large spending plan. House Democrats have already started considering reconciliation methods for upcoming spending. Visit the Business section of Insider for more stories. Sen. Joe Manchin of West Virginia said he would not support an infrastructure bill that...
Tags: Hbo, Senate, White House, West Virginia, Trends, Joe Biden, Democrats, Gop, House, Biden, Graves, Cnbc, Kamala Harris, Trump, Manchin, Joe Manchin



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