Businesses have closed their stores and canceled events planned for this weekend. Getty Images The latest data on jobs from the Bureau of Labor Statistics shows a still-robust labor market in the US. That’s both bad and good news for the Federal Reserve, which is trying to cool the economy. But the latest data also…
Abortion-rights protesters hold signs during a demonstration outside of the U.S. Supreme Court in Washington, Sunday, May 8, 2022. (AP Photo/Amanda Andrade-Rhoades) Five states have abortion measures on the ballot in the midterm elections on November 8. A retired gynecologist debunked common mistruths spread about the procedure by abortion opponents. She fact-checked erroneous claims, such…
British FV103 Spartan APC Airwolfhound/WikieCommons/Creative Commons Attribution-Share Alike 2.0 60 British FV103 Spartan armored personnel carriers were purchased in 36 hours through crowdfunding. $6.5 million was raised for the hardly-used equipment by Ukraine’s Serhiy Prytula charity foundation. The APCs will help the Ukrainian troops in the difficult conditions expected over the winter months. A fundraising…
Linda Sims places her ballot into a drop box at the Los Angeles County Registrar-Recorder/County Clerk in Norwalk, CA. Irfan Khan / Los Angeles Times via Getty Images The S&P 500 is likely to extend a historic run of positive returns after midterm elections, market strategists say. The S&P 500 in has posted positive returns…
Li Qiang was appointed the second position in China’s 7-man top brass, under only President Xi Jinping. Lintao Zhang/Getty Images Li Qiang became deeply unpopular in Shanghai for imposing the city’s two-month lockdown. Last month, he was named China’s new premier, making him the second-most powerful man in China. They key to his success is…
Elon Musk has axed thousands of jobs at Twitter. Susan Walsh/AP Twitter has laid off half its workforce including some responsible for content moderation. Some fear this may allow more disinformation on the platform ahead of Tuesday’s midterm elections. Yoel Roth, Twitter’s head of safety and integrity, has downplayed these concerns. Twitter’s head of safety…
Hannah Towey/Insider I worked for a day from The Malin, a new luxury co-working space in Williamsburg, Brooklyn. It struck the perfect balance between WFH comfort and the productivity of an office environment. See inside the high-end office — from its sunlit library and green velvet booths to a granite kitchen. The Malin, a boutique…
Home prices have dropped, even in some of the most popular areas. Justin Sullivan/ Staff/ Getty Images The housing market is likely in for more pain as the Fed continues to raise interest rates. But the central bank’s influence over the sector is direct and indirect, experts said. “Inflation is much more of a barometer…
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. Recruiter Niani Tolbert says getting a side hustle isn’t the best choice…
Peopleimages/Getty Images The Federal Reserve has to do the “dirty work” of bringing labor demand down to match supply, Bank of America analysts said. As a result, the US will face a deeper recession than Europe, where the labor market is already much weaker. BofA sees the Fed hiking the benchmark rate to 5.25%, while…