Congress is considering banning its members — and their family members — from trading stocks. Kolderal via Getty Images US stocks opened mixed Wednesday following another hot wholesale inflation report. The September producer price index gained 8.5% year-over-year last month. The increase gives the central bank ammunition to keep rates high. US stocks opened mixed…
Monthly Archives: October 2022
When you buy through our links, Insider may earn an affiliate commission. Learn more. We’re seeing all-time low prices on TVs during Amazon’s Prime Early Access Sale. Best Buy Amazon’s October Prime Day event — officially called the Prime Early Access Sale — continues with its second day full of discounts on products across all…
David Einhorn is the founder and president of Greenlight Capital. Adam Jeffery/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Twitter is the biggest long bet in 2022 for billionaire investor David Einhorn, the hedge fund boss told Bloomberg on Tuesday. In this bear market, Twitter has been “pretty much the only sizable long investment we’ve made the…
Mobile proximity and peer-to-peer (P2P) payments have hit the mainstream, thanks to a pandemic-driven upswing in digital payments. We present our eMarketer forecasts for growth in the mobile proximity and mobile P2P payments space, as well as assess top players in each area. Do you work in the Financial Services industry? Get business insights on…
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. A high-yield savings account grows your money faster than a typical savings…
President Joe Biden speaks at the Arnaud C. Marts Center on the campus of Wilkes University in Wilkes-Barre, Pa., on August 30, 2022. AP Photo/Matt Slocum, File In an interview with CNN’s Jake Tapper, President Joe Biden spoke about recession possibilities. Biden said that he doesn’t think there will be a recession, but if there…
President Joe Biden. Kevin Dietsch/Getty Images Six Republican-led states are seeking to block Biden’s student-loan forgiveness. A federal judge will hear their arguments on Wednesday. Their defense outlines financial harms the relief will cause to state and company revenues. Wednesday could be a turning point for President Joe Biden’s student-loan forgiveness plan. A federal judge…
AP The US economy is “doing very well” and there aren’t signs of instability in financial markets, Janet Yellen said. Yellen pointed to the strong labor market, and added she believed inflation could come down without hammering jobs. “While there’s some concern about liquidity in markets, I don’t think we’ve see anything that rises to…
A new day could be dawning for leadership in America with Justice Ketanji Brown Jackson taking her post. Kevin Lamarque-Pool/Getty Images Ketanji Brown Jackson was sworn into the Supreme Court in June and took her post last week. Jackson is the first Black woman to serve on the Supreme Court in US history. Corporate diversity…
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, Jen Glantz. Daphne Youree I know I’ll need passive income…