Markets
Joaquin Garcia spent 24 of his 26 years with the FBI working undercover. “I’ve done over a hundred undercover investigations,” he told Business Insider.His investigations spanned the Italian Mafia, Mexican and Colombian cartels, Russian and Asian organized crime groups, police corruption rings, jury bribery schemes, murder-for-hire setups, and large-scale narcotics…
This as-told-to essay is based on a conversation with Griffin Johnson. It has been edited for length and clarity.I grew up on a farm in the Midwest. Like a lot of farm kids, I was around horses, but I didn’t know anything about the sport of horse racing. My dad…
The US military is launching new ballistic missiles, cruise missiles, and attack drones at Iran, using the conflict to test experimental weapons in combat for the first time.Adm. Brad Cooper, the head of US Central Command, confirmed on Tuesday that US Army units fired the Precision Strike Missile, or PrSM,…
The credit might be private, but the problems are becoming pretty public.A once-wonky corner of Wall Street that’s exploded in recent years is facing increased scrutiny.But what even is private credit? Why are people nervous? And, most importantly, why should you care?Let’s break it down:People are freaking out about private…
This as-told-to essay is based on a conversation with Susan DiLeo, a 65-year-old real-estate agent based in New York City. It’s been edited for length and clarity.I’ve worked in real estate in Manhattan for 14 years, which is about as competitive as it gets. You have to be good at…
Toward the end of a long session at the high-ceilinged New Jersey Assembly Building in early May 1967, Assemblyman Vito Albanese rose to his feet and announced that someone had tried to bribe him to kill a bill.The assembly floor exploded in response, with members shouting and leaping to their…
US trade groups are pressing President Donald Trump and his administration to quickly pay tariff refunds to small businesses.In a joint press release, the Consumer Technology Association and the US Chamber of Commerce said they had filed a brief on Wednesday in V.O.S. Selections, Inc. v. Trump, a lawsuit by…
Nvidia CEO Jensen Huang says the idea of a $100 billion investment in OpenAI is likely off the table.Huang said at a Morgan Stanley conference in San Francisco on Wednesday that such a massive investment in the ChatGPT maker is “probably not in the cards,” adding that “they’re going to…
Oil prices have surged after fresh conflict in the Middle East raised fears of supply disruptions through the Strait of Hormuz — a move that would normally be a windfall for Russia.But this time, it may not be enough, according to an analyst.”The current temporary spike, filtered through sanctions discounts…
Each Wednesday, millions of people wind down by watching a group of castaways try to outwit, outplay, and outlast each other on CBS’s “Survivor.” But when “Survivor” host Jeff Probst has free time of his own, he’s watching a different kind of unscripted entertainment.”If I have 15 minutes, my go-to…
