The Federal Reserve, led by Jerome Powell, has raised interest rates four times in 2022. Samuel Corum/Getty Images Fed Chair Jerome Powell needs to “shock the market” as part of the central bank’s fight against inflation, Henry Kaufman told the FT. “If you want to change someone’s view … you have to hit them in…
Monthly Archives: August 2022
Getting out from under a mortgage insurance payment could be as simple as asking your lender to cancel it. sturti/Getty Borrowers pay mortgage insurance, which protects lenders from defaults. Conventional mortgage lenders must eliminate insurance when the borrower has 22% equity in the home. Homeowners can implement strategies to get out from under this expense…
Former White House senior advisor Jared Kushner stands behind former President Donald Trump. Chip Somodevilla/Getty Images The New York Times book critic Dwight Garner did not mince words in his review of Jared Kushner’s new memoir. The book “is an earnest and soulless — Kushner looks like a mannequin, and he writes like one —…
Greg Allen/Invision/AP Tennis champion Serena Williams said she is leaving the sport to pursue venture capital investing. Serena Ventures invests in a wide range of companies, from crypto ventures to a line of chickpea-based foods. Check out some of the companies Williams’ has invested in. Legendary tennis star Serena Williams announced that she will be…
Former President Donald Trump’s South Florida residence, Mar-A-Lago, was searched by the FBI on August 8, 2020. Brandon Bell/Getty Images Despite demands from Trump and his allies to make the affidavit public, aides warn it could backfire. The search warrant and inventory list have already been made public by a federal judge. The DOJ says…
Samantha Lee/Business Insider Alexa St. John, an Insider reporter, covers electric vehicles, startups, and the future of the auto industry. Alexa St. John Insider is taking you behind the scenes of the best stories with our series “The Inside Story.” It’s an in-depth look at how these stories came together and a peek inside the…
Sen. Ted Cruz. Win McNamee/Getty Images Republican Rep. Liz Cheney says she’s weighing a 2024 bid for president. A spokesman for Sen. Ted Cruz mocked her statement, saying he assumes she’ll run as a Democrat. Cruz, the runner up for the 2016 GOP nomination, hasn’t ruled out his own 2024 bid. If a statement from…
Santorini, Greece. pavant/Shutterstock 20 countries, including Australia and Portugal, offer residence by investment programs. The so-called “golden visas” allow foreign investors to receive local residency status. Here are each of the programs’ financial requirements — ranging from $19,000 to $2.5 million. 1. Australia: $2.5 million minimum investment requiredSydney, Australia with Harbor Bridge and Sydney skyline…
Klipsch has finally delivered the T10 true wireless earbuds it was supposed to ship in fall 2020… but they’ve changed a lot in the past two years. The company and Ear Micro have released the T10 Bespoke Ear Computers (yes, really) as a hand-built custom design aimed squarely at luxury buyers who refuse to own…
When it comes to pet tracking technology, there are a whole lot of misconceptions, some of which can be fairly dangerous. Pet parents naturally want tracking devices that can keep their pets safe, but all tracking devices aren’t the same. You may have heard of microchips or GPS trackers for pets, and you may even…