Sam Bankman-Fried. (Photo by Jabin Botsford/The Washington Post via Getty Images) Sam Bankman-Fried is trying to raise money to pay back clients and make them whole again, the Wall Street Journal reported Tuesday. SBF and a few remaining staffers spent the weekend reaching out to potential investors, per the WSJ. Separately, FTX warned in an…
Monthly Archives: November 2022
An abandoned Russian military tank left in the Ukrainian city of Balakliia after Russian Forces withdrew from the Kharkiv region on September 15, 2022. Metin Aktas/Anadolu Agency via Getty Images A Zambian student serving a prison sentence in Russia wound up dead after fighting in the war in Ukraine. The 23-year-old man was serving a…
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 cost of travel insurance has decreased over the past week,…
Hollis Johnson/Insider The stock market’s rally since the October CPI report is an opportunity for investors to trim equity exposure, according to JPMorgan.The bank said despite the upside move in stocks, an economic recession remains a real possibility if the Fed doesn’t pivot.“The disinflation wave could be much quicker and stronger if the economic slowdown…
Democratic presidential candidate Joe Biden briefly visits with local labor leaders following a group photo at the state’s AFL-CIO headquarters on Labor Day, September 07, 2020 in Harrisburg, Pennsylvania. Chip Somodevilla/Getty Images President Biden’s student loan forgiveness plan is currently paused after two court rulings. A major labor federation “is extremely disappointed in the partisan…
A New York City apartment complex. Getty Images Buying a home will remain out of reach of many Americans in the years to come. A Yale economist says, for some Americans, renting might be the better financial decision anyway. There’s no guarantee home values will rise, and there could be better ways to invest your…
Gabby Wallace. Courtesy of Gabby Wallace Gabby Wallace is a former teacher who now runs a YouTube channel and several rental properties. She makes money from online ads, sponsorships, and courses, as well as bookings on Airbnb. She says she only works 10 to 15 hours a week, and she makes on average $60,000 a…
Taylor Swift. Carlo Allegri/Reuters Ticketmaster was experiencing technical difficulties on Tuesday as presale started for Taylor Swift’s new tour. Outage reports surged at Downdetector.com and some people took to Twitter to complain. Swift’s Eras tour, her first in five years, kicks off in 2023. Some Taylor Swift fans weren’t happy Tuesday morning. Ticketmaster appeared to…
IEA chief Fatih Birol. Anadolu Agency/Getty Images Rising prices for diesel fuel will add to inflation and worsen Europe’s energy crisis, the IEA says. Competition will also heat up once the EU bans Russian refined fuel product like diesel in February. Diesel prices are 70% higher compared to a year ago, the IEA added. Diesel…
A Breeze plane. Courtesy of Breeze The low-cost carrier will fly between Raleigh-Durham and New Orleans, Hartford, and Providence. The Research Triangle is home to UNC, NC State, and Duke. The new non-stop flights join the Breeze route map in February. Upstart airline Breeze is growing again with new nonstop routes from Raleigh-Durham International Airport…