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The Rise And Fall Of JP Morgan's Jamie Dimon, America's Most Powerful Banker
JP Morgan is sometimes called 'The House of Dimon' for the all encompassing presence of its CEO, Jamie Dimon. For years he has been unquestionably the most powerful banker in the United States, and as such, the de facto voice of Wall Street. But over the last year that has slowly...
Apple's Tax-Dodging Techniques Do Indeed Sound Quite Spectacular
Apple CEO Tim Cook is going to get raked over the coals by Congress for the company's spectacular tax-dodging techniques. No one is suggesting that any of these techniques are illegal. No one is suggesting that Apple is doing anything that any number of other massive multi-national companies aren't doing. And no one...
Incredible Footage Of China Demolishing Miles Of Elevated Road In Just A Few Seconds
China is about more than massive infrastructure build-outs. Some things have to come down. "This was the scene in Wuhan as three-and-a-half kilometers of elevated road came down," wrote Bloomberg about this incredible demolition footage. "The viaduct was only built in 1997 as part of the main highway between Shanghai and Tibet. Check...
10 Wildly Successful People Who Dropped Out Of High School
Forget the college debate: The most driven people may not need their high school diplomas either. Tumblr founder David Karp dropped out of high school at the age of 15 and now his New York startup is about to sell for $1.1 billion in cash to Yahoo. Although his success proves that...
BofA: A 'New Berlin Wall' Has Been Erected In Europe
The relative calm in recent weeks belies the huge distortions that continue to plague the global economy and markets. Michael Hartnett, Bank of America Merrill Lynch's Chief Investment Strategist, recently published a report loaded with unconventional charts intended to communicate how the world is changing. In a slide titled "The new Berlin...
Devastating Before-And-After Photos Of One Of The Elementary Schools Wrecked In The Oklahoma Tornado
One of the schools devastated by the tornado in Moore, Oklahoma is Plaza Towers elementary. Here's what it looks like in normal times. And, via KFOR, here's what it looks like now. Please follow Business Insider on Twitter and Facebook.Join the conversation about this story » ...
Stunning Before And After Photo Of Moore, Oklahoma
Mother Jones' Clara Jeffrey posts this stunning before/after photo of Moore, Oklahoma, where a massive tornado has leveled buildings (Click on the image to see full-size). :( Moore, OK before and after: twitter.com/WithDrake/stat… — Clara Jeffery (@ClaraJeffery) May 20, 2013 Please follow Business Insider on Twitter and Facebook.Join the conversation about this story...
Terrifying Time Lapse Footage Of Tornado Raging Across Oklahoma City
A local Tennessee TV station says it has time-lapse footage of the massive tornado that ripped through Oklahoma City today. At least one elementary school was said to have taken a direct hit. Here's the clip: Action News 5 - Memphis, TennesseeSEE ALSO: Data Show Winds Reached As High As 200 MPH > Please follow...
6 Things You Can Do To Become A Better Trader
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. 6 Things Traders Need To Do To Improve Their Consistency (The Kirk Report) Traders should focus on consistency. To do this, Charles E. Kirk writes that traders need to do six key things. 1. "Have...
The 14 Best Housing Markets For The Next Five Years
National home prices are down 29.1% since their Q1 2006 peak. But over the next five years they are expected to rise 3.9%, according to the latest CoreLogic Case-Shiller report. We drew on the latest data to identify the best housing markets for the next five years. The top 15 cities are ranked...
REPORT: Steve Cohen Is Considering A Deal That Would Shut His Hedge Fund To Outside Investors
Bloomberg News reports that billionaire hedge fund manager Steve Cohen is said to be considering a deal that would shut his Stamford, Connecticut-based SAC Capital to outside investors. He's also considering returning outside investor money and turning SAC into a family office, Bloomberg reports citing an unnamed source familiar with his thinking. The firm...
Think Tank Shreds Elizabeth Warren's Student Loan Reform Plan As A 'Cheap Political Gimmick'
Elizabeth Warren made headlines last week for saying that she believes students should pay the same rate for loans as big Wall Street banks, 0.75%. The Obama administration extended the 3.4% interest rate on subsidized federal student loans last year, but that measure is set to expire in July, leaving room...
STOCKS DIP, SILVER HAS CRAZY DAY: Here's What You Need To Know
Today was pretty spectacular for precious metals investors. First, the scoreboard: Dow: 15,335.28, -19.12, (-0.12%) S&P 500: 1,666.29, -1.18, (-0.07%) Nasdaq: 3,496.43, -2.54, (-0.07%) And now, the top stories: There were no major economic data releases in the United States today, but the Chicago Fed's monthly National Activity Index, out this morning before the opening bell, fell to -0.53 in April from -0.23 the month...
How To Recover After Getting Fired
Getting fired is scary. Having no money is scary. I've been fired many times. Sometimes I've been a bad employee. Sometimes I've had a boss. Either way, terror would strike in the middle of the night. I would pace at three in the morning. “I’m going to lose this house. My...
UK's Anti-Europe Party Make Huge Breakthrough In New Poll
UKIP, the upstart anti-EU/anti-immigration party that has been causing a stir in the U.K., has come just two points below Britain's traditionally dominant right wing party in a new poll. The poll is the lowest result seen yet for the Conservatives, and the highest seen for UKIP, Political Betting's Mike Smithson...
ENDING SOON: Enter To Win A Kindle Fire From Business Insider
We're giving you a chance to win a Kindle Fire HD. Become a newsletter subscriber now to enter. If you're the lucky winner you will have a host of features at your fingertips. Entry deadline is May 31. As a newsletter subscriber, you'll get daily updates and alerts on topics that matter most...
As If His Life Wasn't Insane Enough, John McAfee's Home In Belize Was Burned To The Ground
The drama in tech mogul John McAfee's life never seems to end. The Belize compound where he lived before he snuck out of the country to avoid talking to police about a murder was burned to the ground last week. No one was hurt. Officials in Belize said the cause of the fire...
Goldman Is Selling The Last Of Its Stake In A Chinese Bank, And Communist Officials Are Probably Pretty Annoyed
Goldman Sachs bought a stake in the Industrial and Commercial Bank of China before it was cool — before it had the 2nd largest IPO in the history of the world in 2006, and before it was the largest bank in the world by market cap. Initially, Goldman owned 4.9% of...
The Gold Shorts Continue To Pile On
Gold prices are up modestly today, but continue to be near their lows of the year. "Downward pressure on gold continues and we are now back to levels post the mid-April selloff," said UBS's Edel Tully in a note titled Gold Shorts Dominate. "Investor sentiment remains negative as highlighted by the...
The End Of The Car Age In One Chart
Alex Davies reports on a new study which concludes that the age of driving in America is over. It just so happens that fresh data on monthly motor vehicle miles driven is out today, and with that data we can compare total US monthly vehicle miles against the US population. As you...

