Category Archives: Blog

Twitter drops 6.9% in premarket trading after Elon Musk walks away from $44 billion takeover bid and a legal battle brews

Elon Musk walked away from a $44 billion deal to buy Twitter Friday. PETER PARKS/AFP/Getty Images Twitter stocks fell 6.9% in the premarket Monday after Elon Musk pulled out of his takeover bid. Musk walked away from a $44 billion deal to buy Twitter Friday. Twitter has tumbled 25% since Musk agreed to buy the…

Trump says ‘life begins at 80’ as Democrats publicly air fears that Biden’s age — 79 — is affecting his leadership

Former President Donald Trump. Seth Herald/Getty Images Trump said “life begins at 80” amid ongoing concerns that Biden’s age will turn off 2024 voters. Trump, who is 76, said many people in their 80s and 90s are sharp but claimed Biden “is not one of them.” The comments come after a NYT report said aides worry…

US futures slide ahead of key inflation data while oil drops as Russia’s cut in natural gas supply threatens Europe’s economy

Traders on the floor of the New York Stock Exchange (NYSE). Spencer Platt/Getty Images US futures took a tumble Monday as investors prepared for inflation data for June due later this week.  In energy, Russia cut off natural gas supply, rattling markets over the threat of recession. Asian markets also kicked off the week on…

Britain’s biggest supermarket Tesco is putting security stickers on $5 blocks of cheese and butter

Packs of Lurpak Lighter were plastered with security stickers at a Tesco store between Shoreditch and Bethnal Green. Grace Dean/Insider A Tesco store is putting security stickers on blocks of cheese and butter that cost less than $5. Other Tesco stores in London that Insider visited didn’t have stickers on the products. Various British grocers…

Today’s mortgage and refinance rates: July 11, 2022 | Rates remain stable

Mortgage rates were relatively volatile last month, but have calmed in recent weeks. Last week, the average 30-year fixed rate dropped to 5.3%, according to Freddie Mac.  On Wednesday, the Bureau of Labor Statistics will release its monthly Consumer Price Index report for June. This report is a closely-watched gauge of inflation, and will help…