Monthly Archives: August 2022

God of War Ragnarok promises an epic conclusion to the video game franchise’s Norse saga — here’s how to preorder for PS5 and PS4

When you buy through our links, Insider may earn an affiliate commission. Learn more. God of War Ragnarok / Sony God of War Ragnarok will be released on November 9 for PlayStation 5 ($70) and PS4 ($60). The game is a sequel to the 2018 reboot, continuing the story of Kratos and Atreus. The collector’s…

US stocks dip as investors weigh strong retail earnings against growing recession concerns

Traders work on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images US stocks edged lower Tuesday as traders took in corporate earnings from retail giants Home Depot and Walmart.  Both of the major retailers beat earnings expectations. Shares of Walmart rallied 4.25% after its strong earnings report, while Home Depot slipped…

Man charged with threatening to kill FBI agents as calls for violence ramp up after Mar-a-Lago raid

Police direct traffic outside an entrance to former President Donald Trump’s Mar-a-Lago estate in Palm Beach, Florida, on August 8, 2022. AP Photo/Terry Renna A Pennsylvania man was arrested and charged after he threatened to kill FBI agents, an affidavit said. He made the threats days after the FBI raided Trump’s Mar-a-Lago estate for government…

Mick Mulvaney thinks Trump is the only Republican who would lose to a Democrat in the 2024 election: ‘I hope he doesn’t run’

In this Thursday, Dec. 5, 2019, file photo, then-acting chief of staff Mick Mulvaney, left, listens to President Donald Trump, right, speak at a luncheon with members of the United Nations Security Council in the Cabinet Room at the White House in Washington. AP Photo/Andrew Harnik Mick Mulvaney said he hopes Donald Trump does not…

Biden’s Education Department just wiped out $3.9 billion in student debt for remaining borrowers defrauded by ITT Tech following ‘years of lies and false promises’

The move forgives debt for all ITT students who attended between 2005 and its closure in 2016. Jahi Chikwendiu/The Washington Post via Getty Images The Education Department announced $3.9 billion in student-debt relief for all remaining ITT Tech students. ITT, a for-profit college, shut down in 2016 following investigations into the school’s fraudulent behavior. The…

Putin brags that Russian weapons are ‘years, perhaps even decades’ ahead of rivals as his army pulls old Soviet-era tanks out of deep storage due to losses in Ukraine

Russian President Vladimir Putin seen during the opening ceremony of the International Military Technical Forum ‘Army 2022’, on August,15, 2022, in Kubinka, outside of Moscow, Russia. Photo by Contributor/Getty Images Russian President Vladimir Putin bragged about his country’s advanced weapons on Monday. He said during a speech that they are “years, perhaps even decades” ahead…

Most Americans never move far from their hometown. It says a lot about changing norms around money, work, marriage, and kids.

Maskot/Getty Images In 2021, Americans moved at the lowest rate since at least 1948 — and 80% live 100 miles or less from where they grew up. An aging population, declining marriage rates, and high housing costs are among the factors driving this trend. The inability to move can have economic consequences. In 2020, it…

The Banking Digital Trust Report 2021 Preview

Our second annual Banking Digital Trust survey polled digital banking users of the 10 largest US banks on which factors across six key dimensions—Security, Privacy, Reputation, Reliability, Ease of Use, and Feature Breadth—most influence their level of trust in their banks’ digital channels. We then asked respondents to rate their banks across each dimension to…

Saudi Arabia funnels oil riches into big-cap US stocks with $7.5 billion buying spree as valuations fell

Saudi Crown Prince Mohammed bin Salman chairs the Public Investment Fund. Charly Triballeau Saudi Arabia’s sovereign-wealth fund ramped up its bets on US big-cap stocks in the second quarter.  The Public Investment Fund poured more than $7 billion into stocks like Alphabet, Amazon and JPMorgan.  The PIF’s holdings of US stocks stood at $40.7 billion…

Investors should look to small cap and cyclical stocks to lead the next leg of the stock-market rally after surge in growth shares levels off, Jefferies says

Spencer Platt/Getty Small-cap stocks have rebounded from mid-June lows, leading the Russell 2000 to climb 22% in two months.  Jefferies said Tuesday it expects small-caps to continue moving higher until autumn.  Cyclicals look set to lead the next stage of gains as recession fears quiet down.  A key gauge of small-cap stocks has clawed out…