Kathrin Ziegler/Getty Images I was raised by my low-income dad, but when I visited my mom she was always driving a luxury car. She couldn’t afford it, but seeing how it made other people treat us made me want to do the same. I ended up in deep debt and using drugs until I got…
Monthly Archives: July 2022
A dozen F-22’s are being sent to Poland to support NATO’s air shielding against Russian threats. US Air Force/DVIDS The US Air Force is sending six F-22 Raptors to support NATO’s “air shielding” mission in Poland. The F-22s will bolster NATO’s eastern flank amid Russian aggression in Ukraine. The Air Force says the Raptor is…
Instagram is doubling down on its commitment to video even as influencers, meme pages, and celebrities have fought back against the changes. Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images Some of Instagram’s users are speaking out about changes to the platform that mimic TikTok. A group of meme accounts held a protest outside Instagram’s…
Preferred stock shares pay higher dividends and their prices are less volatile. seksan Mongkhonkhamsao/ Getty Images Preferred stock is a type of equity (ownership) security issued by companies to raise money.Preferred stocks pay a higher, fixed dividend than common stock, but their share prices don’t appreciate as much as common shares do. Preferreds are best for…
German Finance Minister Christian Lindner. CHRISTIAN SPICKER/AFP via Getty Images Germany’s cabinet backed a plan on Wednesday for a $180 billion fund to bolster energy efficiency. The funding comes as Germany and other EU countries look to cut their reliance on Russian energy. Funding will go in part toward energy-efficiency renovations for existing buildings, but…
Matthew Carr dries himself after cooling off in the Salmon Street Springs fountain before returning work cleaning up trash on his bicycle in Portland, Oregon, on Tuesday, July 26, 2022. Craig Mitchelldyer/Associated Press Record heat and flooding are the latest extreme weather events in the US this summer. A man in St. Louis died after…
Former President Donald Trump and Current President Joe Biden both contracted COVID-19 during their time in office. Drew Angerer/Getty Images, Anna Moneymaker/Getty Images After testing negative for COVID-19, President Biden delivered remarks from the Rose Garden. Biden encouraged Americans to get vaccinated and boosted. He said his recovery differed from former President Donald Trump because…
Consumers’ growing time spent with mobile and their overwhelming choice of products and providers are driving demand for rebundling in financial services. Super apps are emerging as the solution to meet this demand and improve the digital customer experience. In “An Introduction to Super Apps in Banking,” we detail the building blocks of a financial…
Hollis Johnson/Business Insider McDonald’s says lower-income customers are changing buying habits due to inflation. The chain increased prices by about 9% last quarter and saw a slight boost in sales. McDonald’s prices aren’t increasing as quickly as grocery prices, which might make it more appealing to customers. McDonald’s customers are paring down their orders, the…
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