Monthly Archives: November 2022

The White House is touting a huge boost to Social Security checks. It’s happening because inflation is sky high.

The White House has been slamming Republicans’ intended cuts to Social Security and Medicare on Twitter and in press briefings over the past few weeks. Chip Somodevilla/Getty Images The White House credited Social Security’s historic 2023 increase with Biden’s leadership this week.  That’s despite Social Security cost of living adjustments being directly tied to inflation…

Mortgage rates fall for the first time in 2 months, as demand for home loans continues to soften

Sales offices for model homes at a retirement community in Denver, North Carolina. Lindsey Nicholson/UCG/Universal Images Group via Getty Images Mortgage rates dropped for the first time in two months last week but remain near 20-year highs,  according to the Mortgage Bankers Association.  The average contract interest rate for 30-year fixed mortgages fell to 7.06%…

China could be gearing up to invade Taiwan now that President Xi has installed a ‘war cabinet’, veteran investor Kyle Bass warns

China could be revving up to invade Taiwan, top investor Kyle Bass warned Tuesday. REUTERS/Jason Lee President Xi’s changes mean he could be preparing to invade Taiwan, Kyle Bass said Tuesday. Xi put allies with defense links in key posts overseeing banking, finance and the economy, Bass said. Any risk of attack on Taiwan puts…

How to create a new user profile on Windows 10, so you can share programs but keep your files private

It’s easy to create a new user on your Windows 10 computer. Hollis Johnson/Business Insider You can create a new user profile in Windows 10 to share your Windows computer with another person, without giving them access to your private documents.You don’t need a Microsoft account to add a new user profile to Windows 10.To…

How to cut videos in a VLC media player and create new videos by deleting sections you don’t want

It’s easy to cut video using VLC. belchonock/Getty Images To cut videos in VLC, you can use VLC’s recording feature to create an entirely new video file. If you want to cut out multiple clips, you’ll have to either make multiple new video files, or skip around the video while it’s recording. Both the Mac…

Hedge fund legend Ray Dalio warns of a US credit crunch – and says it could tank markets and spark a recession

Ray Dalio. Eoin Noonan/Web Summit via Getty Images Ray Dalio warned a painful credit crunch could hammer financial markets and spark a recession. The billionaire investor said a surge in government-bond sales could cause private credit to dry up. Dalio also flagged the risks posed by US political tensions and overseas conflicts. American households and…