Category Archives: Blog

Dow falls more than 500 points on inflation fears and as JPMorgan warns of risks to the economy

Jamie Dimon is the CEO of JPMorgan Chase. Misha Friedman/Getty Images US stocks sank on Thursday as investors come to grips with June’s CPI reading and bank earnings roll in.  JPMorgan and Morgan Stanley both reported earnings that fell short of estimates.  JPMorgan chief Jamie Dimon said the economy was facing a host of risk…

Alex Jones lawyers want to bar all mention of white supremacy and extremism from his trial with Sandy Hook families

Infowars host Alex Jones at the Texas State Capital building on April 18, 2020 in Austin, Texas. Sergio Flores/Getty Images An attorney for Alex Jones requested that evidence on white supremacy be barred from a trial.  Jones was sued for defaming parents of Sandy Hook victims, and faces hefty damages.  Jones pushed baseless “crisis actor”…

Nominations are open for Insider’s next class of Wall Street rising stars

We’re looking for the next crop of rising stars on Wall Street. Samantha Lee/Business Insider Insider is putting together a power list of the young talent on Wall Street. We want to spotlight the standouts in investment banking, investing as well as sales and trading.  Please submit your ideas here by August 5th.    We’re seeking…

The Amex Blue Cash Everyday just got a surprise makeover, and it could now be the new best credit card for online shopping

This post contains links to products from our advertisers, and we may be compensated when you click on these links. Our recommendations and advice are ours alone, and have not been reviewed by any issuers listed. Terms apply to offers listed on this page. Read our editorial standards. The refreshed Amex Blue Cash Everyday card…

Legal experts predict Trump could try to plead insanity or blame others if he’s charged with crimes from his attempts to overturn the 2020 election

Former President Donald Trump. Justin Sullivan/Getty Images The Jan. 6 committee is revealing new evidence on Trump’s attempts to overturn the 2020 election. Trump, meanwhile, is facing other legal challenges. Experts say Trump has a few different options based on what he’s charged with. The House select committee investigating the January 6 insurrection is using…

Europe may have to ration energy as Vladimir Putin is able and willing to weaponize supplies, Shell CEO says

Russian President Vladimir Putin. Dennis Grombkowski/Getty Images Europe could be forced to ration its energy this winter if Russia slashes gas flows further, Shell’s chief executive said Thursday.  Ben van Beurden added that Vladimir Putin is “ready and wiling to weaponize energy supplies.” His comments come as Russia shuttered its main gas pipeline to Germany…

The Federal Reserve uses contractionary monetary policy to curb inflation that accompanies an overheating economy

A contractionary monetary policy aims to slow down an economy that’s rising too fast, threatening a runaway jump in prices. georgeclerk/Getty Images Contractionary monetary policy is a strategy used by a nation’s central bank during booming growth periods to slow down the economy and control rising inflation.The Federal Reserve uses three main contractionary monetary tools:…

One of COVID-19’s original symptoms, loss of smell, could be making a comeback as some patients are reporting it again

Loss of smell was a hallmark of COVID-19 in 2020. Georges Gobet/AFP/Getty Images Health professionals in the US have said more patients with COVID-19 are reporting a loss of smell. Loss of smell was a hallmark feature of the original virus, but it’s less common with more recent variants. More data is needed to confirm…