Monthly Archives: November 2022

Today’s mortgage and refinance rates: November 8, 2022 | Rates likely to hold steady for the rest of 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. Average 30-year fixed mortgage rates have been holding steady around 7% for…

Apartment conversions jumped 25% over the past two years, meaning that swanky place you’re renting likely used to be an office space, hotel room, or church.

Developers converted 1,565 apartments in Washington, D.C. last year. Brian Keith Lorraine Developers converted more old buildings into rentals than ever before between 2020 and 2021. Developers are targeting a range of building types, from office buildings to churches. Increased work-from-home and hybrid opportunities is driving the trend. Developers are converting old buildings into new…

China’s super-rich like Alibaba’s Jack Ma see billions of dollars wiped from their fortunes as the economy slumps

Alibaba founder Jack Ma. Firdia Lisnawati/AP China’s super-wealthy have seen their fortunes tumble by the most in 24 years, per the Hurun Rich List.  Alibaba founder Jack Ma’s net worth dropped 29% to $25.7 billion, as tech bosses took a hit.  China’s zero-COVID policy and the Ukraine war fallout are among factors that hit the…

Why Twitter’s downloads and usage have surged following Elon Musk’s takeover

It’s midterm Election Day in the US. With key races unfolding across the country, we’ve got a continuously updated live blog you can follow for the latest news.  As with everything in 2022, there’s an Elon Musk angle: Yesterday, he encouraged his followers to elect a Republican Congress, despite previously saying that Twitter should be…

Warren Buffett’s Berkshire Hathaway likely boosted its Chevron bet last quarter. Here are 6 key insights from its Q3 earnings.

Warren Buffett. Spencer Platt/Getty Images Warren Buffett’s Berkshire Hathaway reported third-quarter earnings on Saturday. The investor’s company appears to have boosted its Chevron stake, and ramped up stock buybacks. Berkshire benefited from higher interest rates and a stronger US dollar. Warren Buffett’s Berkshire Hathaway published third-quarter earnings on Saturday that teased fresh purchases of Chevron stock,…

Elon Musk says he would pay $8 a month for Twitter subscription amid controversy from celebrities and lawmakers over the blue tick fee

Twitter owner Elon Musk said he would pay $8 to have a blue tick on the site. Steve Nesius/Reuters Elon Musk said he would pay $8 a month for Twitter Blue, which gives users a blue verified tick. He posted an image of a shirt showing the tweet he sent to AOC: “Your feedback is…

Flexible working has benefits for employee well-being — but access to the right technology is crucial

HP Research suggests that flexible work arrangements are a key driver of overall employee well-being.  Businesses must adapt their technology strategy to support employees in hybrid roles. HP portfolio of products have key built-in features designed to accommodate the various facets of flexible work. Whatever your grandfather did for a living, his work arrangements probably…

An airline CEO says that airports were to blame for the summer travel chaos because they were not ready to welcome passengers

Frustrated passengers faced long delays amid the summer travel chaos. Carl Court / Staff / Getty Images Airports are to blame for flight cancellations and delays this summer, an airline CEO said.  Icelandair’s CEO told Insider that some airports were not ready to welcome passengers. Bogi Nils Bogason said he strongly believes the industry will…

A pay transparency law recently went into effect in New York City. Here are the other cities and states with similar legislation, and what workers there should know.

Angelina Bambina / Getty Images Millions of workers in New York City will now know the salary range for a position upfront, in accordance with a new salary transparency law that took effect last week. The city joins states like Colorado, Connecticut, and Nevada that have similar legislation, as well as others like California that…