Monthly Archives: October 2022

Woman says she plans to have a microwave Christmas lunch because she can’t afford to use her oven amid soaring energy bills

The woman told the BBC she couldn’t afford to use her oven. Paolo Carnassale /Getty Images A woman said she was expecting to have a microwave Christmas lunch due to soaring energy prices in the UK. The woman told the BBC she couldn’t afford to use her oven due to high electricity costs. Inflation is…

Bodycam footage shows Russian pilot ejecting before a crash, probably after his jet clipped a power line in training

A part of destroyed Russian fighter jet in the field in Kharkiv region, Ukraine, on September 30, 2022. The jet in this picture is not the one in the story. Maxym Marusenko/NurPhoto via Getty Images Bodycam footage recently emerged of a military pilot escaping their crashing jet. The footage matches descriptions of a Russian Su-25…

Most of Gen Z doesn’t think they’ll ever be able to buy a house — so they’re living with their parents and working multiple jobs

Tony Anderson/Getty Images A new McKinsey survey finds that Gen Zers don’t feel secure in their jobs, and can’t buy homes. The youngest generation in the workforce is more likely to hold multiple jobs or be gig workers. It’s not surprising for a particularly pandemic-addled generation. Gen Zers are financially precarious, worried, and don’t think…

How to find your federal tax bracket and use it to estimate what you’ll owe for 2022 and 2023

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. Knowing your tax bracket is important when making retirement and other financial…

Trump angrily rejected the CIA considering Kim Jong Un ‘stupid’, insisting he knows best because of their ‘chemistry’

Donald Trump and Kim Jong Un before a meeting in the Demilitarized Zone between North and South Korea on June 30, 2019. BRENDAN SMIALOWSKI/AFP via Getty Images Bob Woodward released new tapes of his conversations with Donald Trump.  In them, Trump rejects a CIA assessment that Kim Jong Un is  “ultimately stupid.”  Trump has long…

I tried Misfits Market, the online produce store for “funny-looking” veggies. I won’t be reordering.

Mary Meisenzahl/Insider Misfits Market sells “funny-looking” organic produce online through weekly delivery boxes. I tried out the service and found the fruits and vegetables were fine, but I didn’t save any money. It’s a smart idea with good marketing, but it doesn’t make sense for my lifestyle.  Food prices are up more than 13% over…

Boeing and Airbus facing off to win 80-aircraft order for new Saudi airline, report says

A plane waits at the gate at King Khalid International Airport in Riyadh, in Saudi Arabia. NurPhoto / Contributor / Getty Saudi Arabia’s Public Investment Fund is negotiating with Airbus and Boeing for new planes, per a report. Fund officials want to order about 80 planes for a new national airline, Bloomberg reported. The country…

Mortgage rates will fall to 5.4% as a recession is likely to hit the US economy in 2023, Mortgage Bankers Association says

US mortgage rates have climbed this year as the Fed raises interest rates to curb inflation. Thomas Northcut/Getty Images Mortgage rates could drop to 5.4% by the end of next year, per the Mortgage Bankers Association.  The forecast comes as MBA expects the Fed will drive the US economy into a recession in the first…

Federal income tax: What it is, how it works, and what you’ll pay for 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 federal government collected about $4.1 trillion of income taxes for fiscal…

Why do we pay taxes? Federal income tax is the biggest source of government funding

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 federal government and all but nine states tax individuals’ income. RichVintage/Getty…