Ina Fassbender/AFP/Getty Images More than 80 central banks are aggressively raising interest rates to cool inflation. Rate hikes are the best tool for easing price surges but bring with them the risk of recession. The synchronized rate hikes could throw the world economy into a slump. Countries around the world are rushing to crush inflation….
Monthly Archives: September 2022
Amazon “Thursday Night Football” hosts Tony Gonzalez, Charissa Thompson, Ryan Fitzpatrick, and Richard Sherman during a dress rehearsal. Lily Hernandez/Prime Video Amazon started broadcasting regular-season NFL games, and its first game drew 13 million viewers. Beer ads, which make regular appearances on NFL broadcasts, were absent in Amazon’s stream. The company’s advertising policy prohibits ads…
PUBG Mobile has released a new anti-cheat system that it says has already cut cheating by half. Developer Krafton says the system, called Fog of War, “helps mask the movements of other players from cheaters using x-ray vision/wall hacks”, and states that during the testing period, cheating fell by 62 per cent in “certain regions”….
When Vladimir Putin declared the partial call-up of military reservists on September 21, in a desperate effort to try to turn his long and brutal war in Ukraine in Russia’s favor, he kicked off another, parallel battle: one to convince the Russian people of the merits and risks of conscription. And this one is being…
Protesters chant slogans in downtown Tehran, Iran, on September 21, 2022. AP Photo, File Protests, sparked by the death of Mahsa Amini, have spread across Iran. They feature “death to the dictator” chants. Iran’s “trajectory” is another revolution, an expert told Insider, but this won’t happen any time soon. The protest movement lacks the organization…
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. Mortgage rates spiked this week as markets absorbed the news of another…
The Tesla Model Y. Tim Levin/Insider Teslas are by far the most popular electric vehicles in the US — and for good reason. I tested a 2022 Model Y SUV and came away impressed by its quick acceleration, roomy cabin, and tech features. Tesla’s extensive Supercharger network is another great reason to buy one of…
Warren Buffett. “Moneyball” star Billy Beane said Warren Buffett and Charlie Munger’s lessons apply to baseball. The ex-Oakland Athletics manager excelled at finding undervalued players and besting richer teams. Baupost CEO Seth Klarman recently described “Moneyball” as a value-investing book. Warren Buffett and Charlie Munger preach a “value investing” philosophy centered on identifying and buying…
Google CEO Sundar Pichai. Jerod Harris/Getty Images Google CEO Sundar Pichai faced tough questions from staff in a fiery all-hands meeting this week. He said workers shouldn’t “equate fun with money” in response to questions about cost-cutting. Pichai denied Google was on a path of “aggressive cost saving” amid difficult economic conditions. Google’s CEO has…
Servicemen stand in front of a tank during the ‘Vostok-2022’ military exercises at the Sergeevskyi training ground outside the city of Ussuriysk on the Russian Far East on September 6, 2022. Kirill Kudryavtsev/AFP via Getty Images Russia has called up 300,000 reservists to be drafted to Ukraine. A former US Army general said this was…