Mohamed El-Erian REUTERS/Fred Prouser The UK needs to ditch its plan to cut taxes and instead hike interest rates immediately, Mohamed El-Erian said. Though aggressive rate hikes could cause a recession, the UK is past the point of hoping for a soft-landing, he warned. El-Erian has been a vocal critic of the UK’s mini-budget, which…
Monthly Archives: September 2022
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. The author’s mother, Christine Knapp (left). Brendan Knapp My parents hit a…
Lucas Jackson/Reuters Retail investors are on the verge of throwing in the towel and selling stocks if Apple and Tesla tumble, according to Vanda Research.Both Tesla and Apple have considerably outperformed the S&P 500 over the past year and year-to-date.“A positioning puke in these two stocks could be the coup de grace for retail investors’…
Add more brands to the list of those hopping aboard the “+” service bandwagon. To begin, MGM is relaunching its movie-oriented Epix streaming service and TV channel as MGM+ on January 15th, 2023. It will continue Epix’s blend of originals and “curated” movies from various studios. You’ll also find it in the familiar places, including…
It’s been a turbulent year for Peloton to say the least. Part of the company’s plan to right the ship is to offer its connected fitness gear through third-party retailers. It started selling equipment through Amazon in August and now Peloton has an exclusive deal with a brick-and-mortar retailer. So, you soon may be able…
Xbox has announced its next round of Games with Gold for October. Two games will be available on Xbox One and Xbox Series X/S: Windbound and Bomber Crew Deluxe Edition. Xbox Live Gold members and Xbox Game Pass Ultimate members will have exclusive access to both games for a limited time, on top of the…
The next Need for Speed will reportedly be revealed within the next two weeks. The report from Insider Gaming suggests that “Need for Speed Unbound” is set to be released on 2nd December 2022, and will allegely incorporate anime elements and new maps unique to the series. The trailer will be around 1 minute and…
Apple is calling off plans to increase production of its latest iPhone 14 series after an anticipated surge in demand failed to materialize, Bloomberg reports, citing sources familiar with the matter. Apple has reportedly told suppliers to rein in efforts to increase iPhone 14 assembly by as much as 6 million units in the second…
Logitech today announced the launch of several new mice and keyboards that have been developed for use with Apple’s Macs, including Logitech’s first mechanical keyboard that has been optimized for the Mac. The MX Mechanical Mini for Mac Keyboard has a keyboard layout designed for Macs, with tools to customize shortcuts with Logi Options+. The…
Apple was forced to disable Fast Company‘s Apple News account overnight after hackers gained control of it and sent two offensive push notifications to the channel’s followers. Tweeting from its Apple News Twitter account, Apple said it had disabled Fast Company‘s channel following the “incredible offensive alert” that its subscribers had received on their Apple…