Oil and gas prices are back on the rise again as supply remains tight. (Photo by Allison Dinner/Getty Images) Biden wants oil giants to invest their huge profits in US energy production, his advisor said. “Clearly we need to bring the prices down so consumers can afford it,” Amos Hochstein told CNBC. Oil prices have…
Monthly Archives: October 2022
Reservists drafted during the partial mobilisation attend a departure ceremony in Sevastopol, Crimea, on September 27, 2022. Photo by STRINGER/AFP via Getty Images Russia sent newly mobilized reservist troops to Ukraine with “barely usable” rifles, UK intel says. Britain’s defense ministry said some of these soldiers are using guns designed in 1959. Different types of…
Nancy and Paul Pelosi next to Elon Musk Leon Neal/Getty Images and Michael A. McCoy/Getty Images Walter Isaacson said Elon Musk likely later thought it was “unwise” to tweet a conspiracy theory. On Sunday, Musk tweeted and then later deleted an unsubstantiated claim about Paul Pelosi’s attack. Isaacson shadowed Musk last week for his biography…
Mohamed El-Erian Mohamed El-Erian The odds of the Fed sticking a a soft landing of the economy are “meager,” Mohamed El-Erian warned. The economist said that recent rallies in stocks have been unsupported by economic fundamentals. “This is a market that repeatedly falls in love with liquidity and therefore rallies.” The odds of a soft…
Larry Summers Hyungwon Kang/Reuters Former Treasury Secretary Larry Summers said it’s too early for the Federal Reserve to talk about easing up on rate hikes. He told Bloomberg that policymakers should stay the course on “doing what’s necessary.” “I do not think that the dovish pivot in some of the rhetoric coming out of the…
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 average interest rate paid by a savings account right now is…
Black Friday is the biggest sale event of the year, when many products are heavily discounted. Since its widespread popularity, differing theories have spread about the origin of the name “Black Friday.” The name was coined back in the late 1860s when a major stock market crashed. Black Friday is the one day shoppers can…
Evangelina Aquino Luis is a chef in Oaxaca, Mexico, who makes special mole for families in mourning. She grinds chiles, spices, and other ingredients with a traditional stone called a metate. These ancient tools have become less popular in the household with the rise of modern-day blenders. Indigenous women in Mexico still make mole sauce…
That tiny webcam on your laptop has probably gotten more use in the last few years than it ever has before. Even if you’re back to taking some of your meetings in the office, chances are that back-to-back Zoom calls are now a permanent part of your professional life. Once an afterthought, your computer’s webcam…
Recent rumours have suggested that the iPhone 15 Pro and Pro Max (or Ultra, as it may be called) will come with an improved “8P” rear camera. However, prominent industry analyst Ming-Chi Kuo now claims that this won’t be happening. An 8P camera uses eight plastic elements in a single rear camera lens, designed (generally)…