Monthly Archives: October 2022

See inside Margaritaville’s new Lodge hotel, where a deluxe room goes for up to $500 a night and comes with a separate ‘glamping’ room

Brittany Chang/Insider You don’t need a RV to stay at the new mountainside Camp Margaritaville RV Resort and Lodge Pigeon Forge. The Lodge’s deluxe hotel room can sleep up to six people with an extra room reminiscent of a “glamping” tent. See inside the $160 to $500-per-night hotel room. If you don’t have a RV…

US gas prices will likely rise after the OPEC+ snub to Biden — but not for drivers in these 3 states, experts say

US gas prices are back on the rise after falling in June. JOSEPH PREZIOSO/Getty Images US gas prices could keep rising after OPEC+ slashed output, but prices could fall in some states.  That’s because refinery issues in key states get resolved, and winter season dampens gas demand.  California is likely to see prices drop while…

Most of President Putin’s Kremlin elite oppose the Ukraine war, report says

Russian President Vladimir Putin attends a cabinet meeting via videoconference in Moscow, Russia, Wednesday, Aug. 31, 2022. Gavriil Grigorov/Sputnik/Kremlin Pool Photo via AP Top officials know that Putin’s war with Ukraine cannot be won, two well-connected journalists told the Guardian. Russia has endured a series of disastrous defeats in its shambolic invasion of Ukraine. Fear…

Biden’s trying to expand abortion access through Medicaid, but even blue states aren’t using the plan before midterm elections

President Joe Biden addresses the Supreme Court’s decision on Dobbs v. Jackson Women’s Health Organization to overturn Roe v. Wade June 24, 2022 in Cross Hall at the White House in Washington, DC. Photo by Alex Wong/Getty Images In August, President Biden encouraged states to use Medicaid funds to expand abortion access. But no states…

Markets need to abandon hope of the ‘Fed put’ after the September jobs report – and another jumbo rate hike is all but certain in November

Federal Reserve Chairman Jerome Powell Reuters Stocks will likely fall further in anticipation of the Fed delivering another jumbo rate hike, analysts say.  Investors priced in a more hawkish outlook for rate hikes after the strong September jobs report.  The stock market “is simply going to be collateral damage” in the inflation fight, one analyst…

NY AG’s massive fraud lawsuit will ‘financially destroy’ Trump and lead to him being ‘perp-walked’ for criminal charges, says Michael Cohen

Michael Cohen in Washington, DC, on March 6, 2019. J. Scott Applewhite/AP Photo Michael Cohen said New York AG Letitia James’ massive fraud lawsuit would “financially destroy” Donald Trump. Speaking to Salon, Cohen also said he believes the civil lawsuit could lead to criminal charges. At a September press conference, James credited Cohen with helping…

Some Americans fear zero-down mortgages are a trap that will lead to another crisis like 2008

Some lenders have started offering mortgages that don’t require a down payment, closing costs, or a minimum credit score to qualify. Getty Images To help borrowers afford homeownership, some lenders have introduced zero-down-payment mortgages. Some are suspicious that these products could trigger a repeat of the 2008 foreclosure crisis. Experts said that while the fear…

Bond vigilantes are back and ‘very much active’ in the US after blowing up UK markets, Ed Yardeni says

Ed Yardeni. Adam Jeffery/CNBC/NBCU/Getty Images Bond vigilantes are back and could target heavily indebted Italy after running rampant in the UK, according to Ed Yardeni.  “It’s an interesting tug of war between the central banks and the bond vigilantes,” he told Insider in an interview. Meanwhile in the US, “mortgage bond vigilantes are clearly on…

Mexico has quietly become the most popular destination for Americans moving abroad. Here’s why expats are happy with their financial situations after moving south of the border.

John Coletti/Getty Images A new report looks at how many Americans have moved to a select set of popular countries. That analysis highlighted a large number of Americans headed to Mexico in 2021 compared to 14 other destinations. In a separate report about expats, Mexico ranked highly for both its cost of living and housing…

Overwatch 2’s “auto-purchase” bug has been fixed but Blizzard still won’t issue refunds

Blizzard has resolved an issue where players were accidentally making store purchases whilst using in-game chat, but is allegedly not issuing refunds to those affected. As shared on the Overwatch subreddit community, Dracyoshi reports that whilst “chatting with some friends while browsing the hero gallery”, the game “unexpectedly began unlocking Junnker Queen’s Plutonium skin”. As…