Monthly Archives: October 2022

Credit Suisse slides 8% as markets fret about the risk of a Lehman Brothers-style collapse

Credit Suisse shares fell Monday as investors fretted about the bank’s potential collapse. Fabrice Coffrini/AFP/Getty Images) Credit Suisse shares fell 7.8% in early-morning trading on Monday. Markets are fretting about the Swiss bank collapsing ahead of restructuring plans. Credit Suisse executives spent the weekend trying to reassure large clients about the bank’s health, according to…

Today’s mortgage and refinance rates: October 3, 2022 | Rates up, but home prices are cooling

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 are now the highest they’ve been in 15 years, with…

China told big banks to avoid publishing sensitive research before a key CCP Summit, while Beijing intervenes in currency markets. Here’s what to know.

Welcome back, readers. I’m Phil Rosen. It’s good to see you.  Most headlines last week highlighted the tumult of the UK debt and currency markets — and that trend isn’t quite over, with the UK government this morning announcing a significant U-turn by scrapping a plan to cut taxes for the highest earners just 10…

Bill Browder says Putin is likely behind Russia’s mysterious executive deaths

Investor and political activist Bill Browder (left) and Russian President Vladimir Putin (right) Getty Images Financier Bill Browder says Putin is likely at the root of a string of Russian executive deaths.  Calling them an “epidemic of murder,” he likened Putin to a mafia boss extorting top businessmen. Putin could be pressuring them for cash…

Morale ‘sucks’ at EV startups like Lucid and Rivian. That could be a death blow for the Tesla wannabes.

Happy Monday, readers. Writing to you from a drizzly New York, I’m your host, Jordan Parker Erb.  Today, I want to highlight an enlightening piece from my colleague, Alexa St. John. Over the course of several months, she spoke with dozens of workers at electric-vehicle startups like Lucid and Rivian, and found that amid a…

Retired general David Petraeus predicts the US would destroy Russia’s military in Ukraine and sink its naval fleet if it used nuclear weapons

David Petraeus speaks onstage during the 2021 Concordia Annual Summit – Day 3 at Sheraton New York on September 22, 2021 in New York City. Leigh Vogel/Getty Images for Concordia Summit Ex-general David Petraeus said Russia is “desperate” after a string of setbacks in Ukraine.  He said that the US and NATO would retaliate if…