The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich. Fabrice Coffrini/AFP/Getty Images) Credit Suisse stock fell 12% Thursday after it posted losses of $4 billion, much deeper than expected. The Swiss lender plans to restructure after a series of scandals, with big changes at its investment bank. It…
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. Robert Metzger, Jr., left, with his wife, Charity Metzger. Courtesy of Robert…
The European Central Bank raised interest rates by 75 basis points Thursday in a bid to tame sky-high inflation. Reuters The European Central Bank raised interest rates by 75 basis points for the 2nd time in a row Thursday. The central bank opted for another rate hike to tame soaring inflation and promised more. The…
FREDERIC J. BROWN/AFP via Getty Images US gross domestic product grew at an annualized rate of 2.6% in the third quarter of 2022. That beats the 2.4% growth estimate. The advance estimate suggests the US economy is growing again after shrinking in the first two quarters of 2022. Americans fearing a looming recession can breathe…
Democratic Lt. Gov. John Fetterman participates in Pennsylvania Senate debate on October 25, 2022. Via Nexstar Democrats in Pennsylvania have continued to defend John Fetterman after his debate performance. Republicans expressed sympathy for Fetterman but questioned his ability to serve after a stroke “Is this somebody who’s gonna be cognitive enough to really represent the…
Right to left: Water from a fountain on the USS Abraham Lincoln; the USS Abraham Lincoln. Courtesy of USS Abraham Lincoln sailor; Bettmann/Getty Images The US Navy found drinking water on an aircraft carrier was polluted with bacteria and bilge water. Videos shared with Insider by a USS Abraham Lincoln sailor show murky water bubbling…
Meta CEO Mark Zuckerberg. Photo by Sven Hoppe/Picture Alliance via Getty Images Meta is cutting hiring and laying off staff to trim costs, CFO David Wehner said Wednesday. Meta’s headcount will remain roughly flat between now and the end of 2023, he said. But Meta will continue pumping billions into its metaverse business, execs said Wednesday….
Elon Musk has tweeted a video clip of him entering the Twitter San Francisco headquarters carrying a kitchen sink. “Let that sink in,” he captioned. Turns out he may have also talked to staff members and denied reports that he’s going let most of them go after he officially takes over as company owner, possibly…
Ultimate Ears has announced its custom-fit true wireless headphones, the UE Fits, are now available outside of the US for the first time – namely the UK, France, Germany and Canada. While custom-fit buds have been available for a while, the UE Fits are the first headphones of their kind that will do it without…
Warner Bros. Montréal has released a PC patch for Gotham Knights addressing some of the game’s current issues, with the next console update coming towards the end of the week. Since its launch, Gotham Knights has faced a series of issues, with frame-rate drops, stutters, and frame-rate time fluctuations being reported across the board. “We…