A Nintendo Switch price increase could be on the horizon

Nintendo has just confirmed that the Nintendo Switch won’t be getting a price increase anytime soon but hasn’t ruled one out altogether. During its quarterly earnings report, the Kyoto-based company was asked whether or not it saw a Nintendo Switch price increase in the console’s future. As Bloomberg’s Takashi Mochizuki reports, Nintendo responded that it…

Lyft plunges 18% after disappointing 3rd-quarter earnings suggest Uber is taking share from the ride-hailing company

Associated Press Lyft plunged 18% after its third-quarter earnings report missed investor expectations on revenue and ridership.The weakness suggested that Uber is taking market share away from the ride hailing company.“We believe Uber has done a much better job at rebuilding driver supply, likely leaving Lyft with a structurally smaller share of the market than…

Biden administration encourages Wall Street banks to keep doing business with certain strategic Russian firms, report says

JPMorgan CEO Jamie Dimon Misha Friedman/Getty Images Some firms on Wall Street are continuing their relationship with Russia despite Congress’ public opposition, Bloomberg says.  The US is reportedly encouraging banks like Citi Group and JPMorgan Chase to keep the status quo.  Meanwhile Congress is posturing that the Kremlin should be condemned further.  Some Wall Street…

Japan’s foreign reserves fall again as Tokyo carries on dumping dollars and buying the yen

Japan has been buying up yen and selling dollars in a bid to support its struggling currency. Zhang Peng/LightRocket via Getty Images Japan’s foreign currency holdings fell for a third straight month in October, official data show. Tokyo is battling to prop up the yen, which has tumbled 27% against the dollar in 2022. Japan…

Estate taxes are levied at rates as high as 40% on some assets after death

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 federal government and 13 states impose an estate tax. kate_sept 2004/Getty…

I tested six-figure electric cars from Porsche and Mercedes. I’d buy one for its stunning quickness and the other for its opulent interior.

The Mercedes-Benz EQS 580 (top) and Porsche Taycan Turbo S Cross Turismo. Tim Levin/Insider You don’t need to buy a Tesla if you want a fancy, electric four-door.  Porsche sells the $86,700 Taycan and Mercedes sells the $102,000 EQS.  I drove fully-loaded versions of both cars to see how they stack up.  So you want…

Prime members complain that Amazon Music is ‘unusable’ and in ‘shambles’ after the ability to select individual songs was removed unless they pay $9 a month

Amazon Music expanded its music catalog in an attempt to beat out rivals like Spotify. Thomas Trutschel/Getty Images Amazon Music recently added 98 million songs to the platform to capitalize on an increase in demand. But Prime members can only play individual songs if they upgrade to Amazon Music Unlimited for $9 a month. Some…