Monthly Archives: August 2022

Trump is free to release the Mar-a-Lago search warrant to back up his accusations against the FBI, but is choosing not to

Former President Donald Trump outside Trump Tower in New York City on August 10, 2022. STRINGER/AFP via Getty Images Donald Trump has sought to portray the FBI search of Mar-a-Lago as a pretense.  Releasing the search warrant could back his case.  But he has chose not to do so, likely because it contains damaging evidence. …

Student-loan borrowers who fall behind on payments ‘provide the most compelling evidence’ the system needs ‘fundamental change,’ a top education official says

College graduates. Robyn Beck/AFP via Getty Images Under Secretary of Education James Kvaal said consequences of defaulting on student loans are too severe. Defaulting “should not be a lifelong sentence of financial struggle and despair,” he said. The department announced plans to restore defaulted borrowers to good standing before payments resume. The consequences of falling…

The market rally on the back of July’s CPI reading may be ‘too euphoric’ and investors should still be wary of rising inflation, says DataTrek

Fabrice Cabaud/Getty Images Investors should be wary of diving back into what could still be a bear market, as not everything on the inflation front looks rosy, DataTrek said. While consumer prices overall cooled, food inflation hit another high of 10.9% in July. “We remain positive on US stocks, but worry that markets are ahead…

Moderna CEO compares COVID-19 vaccines to iPhones, saying you’ll probably be getting a new version each year

Moderna CEO, Stephane Bancel attends 2019 Forbes Healthcare Summit at the Jazz at Lincoln Center on December 05, 2019 in New York City. Steven Ferdman/Getty Images Moderna’s CEO compared a future COVID-19 vaccine to the iPhone, saying we will need a new one every year.  Stéphane Bancel predicted a single-shot vaccine that protects against COVID-19…

FBI Director Chris Wray decries the threats following the search of Trump’s Mar-a-Lago as ‘deplorable and dangerous’

FBI Director Christopher Wray condemns recent threats made against law enforcement. Tom Williams/CQ-Roll Call, Inc via Getty Images FBI Director Chris Wray denounced violent rhetoric following the agency’s search of Trump’s Mar-a-Lago. Wray called the recent threats against the agency “deplorable and dangerous.” Since Trump announced the search at his resort, some of his followers…

Get ready for many more political emails, as federal regulators OK Google’s plan to drop spam filters for eligible federal candidates

The Federal Election Commission approved Google’s request to drop spam filters for some federal political candidates’ campaign emails. Igor Golovniov/SOPA Images/LightRocket via Getty Images Google asked federal regulators to OK a plan for easing spam filters on political emails. The Federal Election Commission voted 4-1-1 to approve Google’s plan. Hundreds of people wrote the FEC…

Technologies like virtual reality and robotics could reduce the energy industry’s carbon footprint and advance workers’ skill sets

Kazi Awal/Insider Oil-and-gas leaders are testing VR and AR to accurately pinpoint potential hazards. Photo courtesy of Enbridge Inc. Oil-and-gas companies are under pressure to lower their carbon footprints. Drones and four-legged robots are being used to detect methane leaks. This article is part of the “Innovation at Work” series exploring the trends and the…

I tried Cracker Barrel’s new plant-based sausage that’s sparking online backlash, and it completely changed my opinion on the chain

Cracker Barrel Old Country Store. Jeffrey Greenberg/Universal Images Group via Getty Images Cracker Barrel recently introduced Impossible sausage, a plant-based protein, to its menu. The announcement sparked a backlash from some customers, which then led to further controversy. I tried the sausage and was impressed by the texture and taste. Cracker Barrel is famous for…

What to know about the Consumer Price Index — a key economic indicator that measures inflation

Investors closely monitor the forecast for Consumer Price Index as an indicator of actions that may be taken by the Federal Reserve. Oscar Wong/Getty Images The Consumer Price Index (CPI) measures inflation by comparing the average change in price over time for a basket of consumer goods and services.The CPI is an important economic indicator…