Monthly Archives: September 2022

Trump referred to German Chancellor Angela Merkel as ‘that bitch’ and sarcastically prayed for God to ‘watch over’ Ruth Bader Ginsburg while she was sick, book says

Late Supreme Court Justice Ruth Bader Ginsburg, Former President Donald Trump, and Former Chancellor for Germany Angela Merkle. Kevork Djansezian/Getty Images, Reynaldo Paganelli/NurPhoto/Corbis via Getty Images, James Devaney/GC Images Maggie Haberman’s book, “Confidence Man” reveals the profane ways Trump spoke about other leaders. Trump would refer to German Chancellor Angela Merkel as “that bitch.” In…

Housing continues to get less affordable as the 30-year mortgage rate hits a 14-year high of 6.52% amid Fed tightening

Newsday LLC / Contributor/Getty Images The average interest rate for the most popular US home loan hit its highest mark since 2008, the Mortgage Bankers Association revealed Wednesday. The 30-year fixed-rate mortgage climbed 27 basis points to 6.52% for the week that ended September 23.  The Fed’s hawkish monetary policy has made homes increasingly unaffordable. …

Chase credit cards offer purchase protection if a new item is damaged or stolen — here’s how to file a claim

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Chase purchase protection has you covered if an eligible item is damaged…

An Elon Musk superfan made the Forbes 400 list after snapping up Tesla stock during the pandemic

Nora Tam/South China Morning Post via Getty Images An Elon Musk superfan joined the Forbes 400 list for the first time this year.  Leo KoGuan is Tesla’s third-largest shareholder and is now worth $7.2 billion.  KoGuan is among a group of investors who’ve made millions off of Tesla’s soaring share price. An Elon Musk superfan…

Stanley Druckenmiller warns the US economy is headed for a hard landing and a recession in 2023 on the Fed’s aggressive tightening measures

Stanley Druckenmiller. Reuters / Brendan McDermid Billionaire investor Stanley Druckenmiller said he expects the US economy to fall into a recession next year on the Federal Reserve’s aggressive rate hikes.  “I will be stunned if we don’t have recession in ’23,” he said Wednesday at CNBC’s Delivering Alpha Investor Summit in New York.  The Federal…

8 ways to fix Apple Maps when it’s not working, from getting a strong GPS signal to reinstalling the app

To get accurate directions, Apple Maps needs to work correctly. Bronek Kaminski/Getty Images If Apple Maps isn’t working, you probably need a stronger internet connection. Even if you have an internet connection, Apple Maps also needs a strong GPS signal, which isn’t always easy to get. Apple Maps also needs Location Access permission, which you…

People are roasting BMW for unveiling a ‘hideous’ $160,000 SUV with 644 horsepower — see the polarizing XM

The BMW XM SUV. BMW Some social media users are roasting BMW’s new SUV and calling it ugly.  On Tuesday, BMW unveiled the XM, a 644-horsepower SUV that costs $160,000 and up.  It’s a plug-in hybrid and can drive up to 30 miles on electric power only, BMW says.  “Hideous.” “Ghastly.” “Obnoxiously designed.” “BMW needs…

The Fed doesn’t have to go ‘full Volcker’ on inflation and any pivot on its rate hike policy could end the stock market’s downward spiral, Fundstrat says

REUTERS/Jonathan Ernst The Fed doesn’t need to go “full Volcker” on raising interest rates to combat inflation, according to Fundstrat’s Tom Lee.Leading indicators suggest financial conditions are tightening and inflation is coming down, Lee said.“Compared to 1970s-1980s, today’s inflation is nascent,” Lee said, adding that inflation in 2022 is “hardly out of control.” Federal Reserve…