Monthly Archives: September 2022

Now is the time to buy stocks as inflation is clearly decelerating and investors can’t wait around worrying about a recession, Leuthold’s Jim Paulsen says

CNBC Now is the time to buy stocks, regardless of recession concerns, according to Jim Paulsen. He says falling inflation is the most important indicator the market has already bottomed out.  “You can’t wait for inflation to get all the way back down to where the Fed wants it to get.” Slowing inflation means the…

Putin still believes he was right to invade Ukraine, Germany’s chancellor said after speaking with him for 90 minutes

Russian President Vladimir Putin attends the plenary session of the Eastern Economic Forum, on September 7, 2022 in Vladivostok, Russia Photo by Contributor/Getty Images German Chancellor Olaf Scholz spoke with Putin for 90 minutes earlier this week.  After the call, Scholz told reporters that Putin still believes he was right to invade Ukraine. The call…

Moscow could be pushed toward ‘nuclear escalation’ if the US overreacts to Russia’s disastrous invasion of Ukraine, new report warns

Russian Yars ballistic nuclear missiles on mobile launchers roll through Red Square during the Victory Day military parade rehearsals on May 6, 2018 in Moscow, Russia. Mikhail Svetlov/Getty Images The US should not overreact to Russia’s invasion of Ukraine, a new Costs of War Project report warns. The report underscores that the war has shown…

Citi Costco Anywhere Visa card review: Great for Costco purchases — and even better for gas, EV charging, and restaurants

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. If you’re a Costco member and you spend a lot of money…

Trump became fixated on buying Greenland after a billionaire cosmetics heir friend suggested the idea, book says

Donald Trump and Ronald Lauder. AP Photo/Evan Vucci Wealthy cosmetics heir Ron Lauder pitched Trump on buying Greenland, per a new book.  Trump became obsessed with the idea of purchasing Greenland from Denmark in 2019.   “I love maps,” Trump told the authors. “And I always said: ‘Look at the size of this. It’s massive.” Wealthy…

Renter activists crashed a DC landlords conference to protest ‘corrupt greed’ and rising rents

Renters protesting at the National Multifamily Housing Council’s annual fall conference. Alonso Hernandez More than 100 protestors gathered at the National Multifamily Housing Council’s annual fall conference. They demanded that lawmakers “stop opposing tenant protections at the behest of real estate groups and developers.”   Protestors told Insider they are just getting started.  You may…

Putin’s former speechwriter says Russian political system in ‘shock’ following Moscow’s recent defeats in Ukraine

Russian President Vladimir Putin. GAVRIIL GRIGOROV/SPUTNIK/AFP via Getty Images Russia’s political system is in “shock” after Moscow’s recent defeats in Ukraine, a former Vladimir Putin aide said. “This is no exaggeration,” Abbas Gallyamov, a political consultant and ex-speechwriter to Putin, told CNN. Gallyamov said that Putin’s “image” has now been “tarnished” over the losses on…

I’m a long-haul trucker. I set my own hours, see places I never thought I could, and help people every day.

Driving can sometimes be kind of wild, but knowing I can contribute to making a difference is still cool after all these years. Courtesy of Eric Williams Eric Williams operates his own trucking company and has been in the business for six years. His daily routine can be wild, but his job makes a difference…

Russia says natural gas exports to Europe will plunge about 66% while Gazprom’s output grows on strong Chinese demand

Getty Images Russian gas exports to Europe will fall roughly 66% this year, according to the Kremlin’s deputy prime minister.  Russia accounted for 40% of Europe’s gas supply before the invasion of Ukraine, but that share is now 9%.  Meanwhile, output from state-run major Gazprom has increased on strong Chinese demand.  Russian natural gas exports…

Elizabeth Warren slams Rick Scott’s ‘shameless attempt’ to pass a bill that would block Biden’s student-loan forgiveness

U.S. Sen. Elizabeth Warren (D-MA). Win McNamee/Getty Images Elizabeth Warren slammed Rick Scott for trying to pass a bill blocking student-loan forgiveness. She said it’s a “shameless attempt” to keep the relief from reaching millions of working Americans. Scott argued the relief is illegal and will benefit those with “Ph.Ds in poetry.” Massachusetts Sen. Elizabeth…