Well, it finally happened. After years of true wireless earbuds ownership, I finally put a pair through my washing machine accidentally. It was my trusty AirPods Pro that bore the brunt of my heat-addled idiocy – but they survived! Mostly. With one rather significant quirk spoiled by the headline. So, it’s very hot here in…
Monthly Archives: July 2022
Happy earnings Monday! It’s Aaron Weinman here. Citi stood tall, but peers like JPMorgan and Wells Fargo missed estimates as lenders come to grips with weak dealmaking and high inflation. Goldman Sachs and Bank of America report today. Vamos. If this was forwarded to you, sign up here. Download Insider’s app here. Patrick T. Fallon/AFP…
Sheesh — it’s already Monday. Jordan Parker Erb here, reporting to you from New York. On social media, people are waging a deadly campaign over something seemingly banal: usernames. Oh, and for all you Wordle fans (guilty!), the online puzzle is being turned into a board game. Now, let’s get to it. If this was…
Russian servicemen in Melitopol, Ukraine, on June 14, 2022. YURI KADOBNOV/AFP via Getty Images Ukraine said it intercepted a conversation between a Russian solider and his wife. In it, he complains about Ukraine’s long-range weapons and said of Russia: “They just send us to slaughter.” He said he doesn’t have equipment to fight back thanks…
Oil refineries are also under severe strain around the world putting pressure on supply. Anadolu Agency/Getty Images Oil rose about 2% on Monday, boosted by concern over a potential supply shortfall. Prices topped $100 a barrel after a meeting between Joe Biden and Saudi leadership yielded no pledge to raise output. Monday’s rise in oil…
Former President Donald Trump and Arizona GOP House Speaker Rusty Bowers. Jamie Squire and Kevin Dietsch/Getty Images Rusty Bowers recently testified about the pressure campaign he faced from Trump after the 2020 election. But the AZ GOP House Speaker later garnered attention for saying he’d still support Trump in 2024. He told Insider he believes…
The Federal Reserve building. Getty Images US stock futures rose sharply and the dollar fell Monday as traders dialed back their bets for a huge Fed rate hike. The market was betting on a 1% interest-rate hike, but now sees 0.75% as more likely from the Fed next week. Investors are grappling with a slowdown…
Welcome back, markets people. I’m Phil Rosen, and today we’re breaking down how Russia’s war on Ukraine continues to reorder energy markets. Moscow’s wartime gambit —from seeking new buyers to siphoning off supplies to former customers — has exacerbated a global energy shortage, and it’s worth taking a moment to retrace what’s happened so far. …
Tesla Model Ys leave the company’s Gigafactory in Grünheide, Germany. PATRICK PLEUL/POOL/AFP via Getty Images A Munich court ordered Tesla to reimburse a woman 99,416 Euros ($101,000), court documents show. The woman said her Model X’s Autopilot feature failed to recognize hazards and braked unexpectedly. Tesla’s lawyer argued Autopilot isn’t supposed to be used in…
Steve Bannon goes on trial starting Monday in a Washington, DC, federal court. Kevin Dietsch/Getty Images A series of court rulings have severely limited Steve Bannon’s defense arguments at trial. Bannon unsuccessfully pushed to delay the trial and to call House members as witnesses. Prosecutors see their case as straightforward: Bannon illegally snubbed the House…