(Photo by ANGELA WEISS/AFP via Getty Images) Investors on Thursday were pricing in higher expectations the Federal Reserve will reduce the size of its rate hikes at its December meeting. Inflation cooled to 7.7% in October, fueling greater speculation for a rate hike of 50 basis points at the December 13-14 meeting. The Fed has…
Olamide Olowe is the founder and CEO of Topicals. Olamide Olowe Olamide Olowe is the founder and CEO of Topicals, which makes products for chronic skin conditions. On Thursday, Topicals announced a $10 million Series A round led by the venture-capital firm CAVU. Olowe gave her advice for pitching investors with confidence as a Black…
Steve Nesius/Reuters Elon Musk has brought in Omead Afshar to help lead Starship production, Bloomberg reported. It’s unclear whether the top Tesla lieutenant has parted ways with the electric-car maker. It was previously reported that Tesla was investigating Afshar over a company purchase he had authorized. Omead Afshar, a top lieutenant at Tesla, has joined…
Rep. Lauren Boebert, R-Colo., speaks to reporters at the Capitol in Washington, Wednesday, June 8, 2022. J. Scott Applewhite/AP GOP Rep. Lauren Boebert is locked in a razor-tight race for her political survival, trailing her opponent by just 64 votes. Her Democratic challenger is urging people on social media to fix their ballots if needed….
A couple in front of their new home. Getty Images Several tech companies and their employees have relocated to Austin. Their presence has helped to drive housing costs to unaffordable levels in the city. A new $350 million housing bond is intended to help Austinites struggling with the high cost of living. Austin’s tech industry…
When you buy through our links, Insider may earn an affiliate commission. Learn more. There a plenty of great accessories available for the PS5. BI Photo Isabel Fernandez Pujol We’ve rounded up the best PlayStation accessories around, from official hardware to third-party devices. Some of our top picks include Sony’s Pulse 3D headset and Scuf’s…
Coinbase CEO Brian Armstrong. Patrick T. Fallon / Getty Images Regulators punishing crypto firms after FTX’s crash “makes no sense,” according to Coinbase CEO Brian Armstrong. In a tweet, Armstrong pointed to the fact that most crypto trading activity takes place offshore. Commentators say the chaos in crypto sparked by FTX’s collapse highlights major problems…
Sam Bankman-Fried. Getty Images Sam Bankman-Fried broke his silence days after his crypto exchange FTX International imploded in spectacular fashion.“The full story here is one I’m still fleshing out every detail of, but [at] a very high level, I fucked up twice,” he tweeted.Bankman-Fried attributed FTX’s collapse to higher-than-expected leverage and a waterfall of withdrawals….
NICHOLAS KAMM/AFP via Getty Images In the weeks leading up to the midterm elections, it seemed all voters cared about was the economy. Polling showed Americans were counting on Republicans to fix inflation and planned to vote Democrats out. But the lack of the anticipated Republican wave shows that Americans didn’t punish the party in…
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