Marianne Ayala/Insider The $1.7 trillion student-debt crisis in the US continues to grow, making the burden heavier for millions of Americans. Since March 2020, as part of pandemic relief measures, federal borrowers have not had to make student-loan payments, and interest on the loans has been waived. President Joe Biden extended the pause for a…
Monthly Archives: August 2022
Uber stand at LAX David Swanson/Reuters Uber stock jumped 16% after the ride-hailing app delivered better-than-expected revenue in its second-quarter earnings report.Strong demand for rides helped drive Uber’s free cash flow to positive territory for the first time ever.“Last quarter I challenged our team to meet our profitability commitments even faster than planned—and they delivered,”…
Social commerce is a fast-growing segment of the US ecommerce market that’s garnering more attention and investment from media companies and brands. By 2023, we expect US social commerce sales to surpass $50 billion annually, nearly double the 2020 total. There is no one-size-fits-all playbook for social commerce success, and brands looking to drive sales…
Insider Washington is holding primary elections on Tuesday. The state holds its elections almost entirely by mail, and the last in-person voting sites close at 8 p.m. local time and 11 p.m. ET. Congressional primaries Rep. Jaime Herrera Beutler, a Republican running for reelection, will face an uphill primary battle in an eight-candidate race…
At face value, the Q2 2022 results look foreboding, but banks might be in a better position than the numbers indicate. We’ve netted out three trends from earnings results in the US, the UK, and Canada. And it’s not all bad news. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Banking industry….
Roth IRA contributions can be withdrawn at any time without tax or penalty.Roth IRA earnings can incur early withdrawal taxes and penalties, depending on your age and the account’s age.If you’re under 59½, you can avoid early-withdrawal penalties for certain specific expenses. Roth IRAs are often misunderstood. “You can take out funds tax-free at any…
Prosecutors cited this photo in their affidavit against Capitol riot suspect Guy Wesley Reffitt, seen here flushing his eyes out with water after he was hit with bear spray at the US Capitol on January 6, 2021. DOJ The son of Capitol rioter Guy Reffitt said his father was used as a “puppet” on January…
Japan’s yen has tumbled in 2022. CHARLY TRIBALLEAU/Getty Images The Yen climbed to a two-month high against the dollar Tuesday as US bond yields fell. Investors looked for cover in safe currencies as US House Speaker Nancy Pelosi landed in Taiwan. Markets remain volatile as recession fears linger. The yen jumped to a two-month high…
Logitech and Tencent have announced that they’re working on a handheld cloud gaming device. They’re blending the Logitech G brand’s hardware knowhow with Tencent’s software prowess. According to a landing page (where you can plug in your email address to receive updates), the device is tentatively called the Logitech G Gaming Handheld. The system should…
LG’s newest CineBeam projectors are ready for your living room, and it’s clear you’ll pay a premium for their image quality. The company has announced that the laser-based lineup is available starting at $6,000 for the HU915QE, which can produce a 90-inch 4K picture when positioned just 2.2 inches from the wall, or 120 inches…