Zadeh Kicks boss Michael Malekzadeh, who made millions taking payments for Nike Air Jordans he failed to deliver, faces multiple fraud charges

Michael Malekzadeh sold Air Jordan, Adidas and Yeezy shoes through his company Zadeh. David Zalubowski/AP A $300 million sneaker mogul is facing extensive fraud charges over the sale of popular shoes. Michael Malekzadeh operated a preorder scheme allowing him to charge without stocking the sneakers. The lawsuit says he took $70 million in orders for…

The mysteries of the astronaut biome

Enlarge (credit: Aurich Lawson | Getty Images) Space poses some massive dangers for humans, from black holes to the heat death of the universe. But as humanity considers long-haul space travel, there are other, smaller potential hazards that some researchers say may deserve more attention: microbes from Earth. Astronauts face numerous known health problems in…

3 ways I’m taking advantage of sky-high interest rates before the end 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. The author, Jen Glantz. Courtesy Jen Glantz To bring down sky-high inflation,…

There’s a great bull market right around the corner in 2023, even as investors hoard cash at the highest rate since the pandemic began, BofA says

Spencer Platt/Getty Images There is a great new bull market set to form in stocks next year, just not where most investors expect.Small-cap stocks are poised to go on a big run in 2023, according to a Friday note from Bank of America.“Secular trends of stagflation, reshoring, localization, fiscal stimulus = small cap bull in…

Trump defended hosting the Saudi-backed LIV golf tournament by saying ‘We have human rights issues’ too. Human rights experts agrees and say Trump himself was responsible for many during his presidency.

Trump owns 18 golf clubs across the world. Jonathan Ferrey/LIV Golf via Getty Images Former President Donald Trump has been hosting the LIV golf tournament this week. Trump justified hosting the Saudi-backed circuit by pointing to the US’s human rights record.  Human rights groups have previously called Trump out for exacerbating human rights violations while…