Inflation already peaked, and 2 things in particular will ease Americans’ pain over the next 12 months, JPMorgan says

People fill up their tanks with gasoline at a Costco Gas Station in Carlsbad, California. Reuters/Mike Blake The US is past peak inflation, and the cooldown is going to be swift, JPMorgan said Tuesday. The bank sees inflation easing to a 3.2% year-over-year rate from 8.2% by September 2023. Supply-chain healing and the strong dollar…

Billionaire investor Dan Loeb flags the intense fear and worry in markets – and touts the bargains emerging from the turmoil

Dan Loeb. REUTERS/Steve Marcus Billionaire investor Dan Loeb underscored the deeply pessimistic mood in financial markets today. He welcomed the bargains emerging as investors stress about inflation and recession. The Third Point chief highlighted his fund’s new stake in Colgate-Palmolive as a safe bet. Dan Loeb has flagged the intense fear and anxiety pervading financial…

Amex Blue Cash Preferred vs EveryDay Preferred: Which rewards credit card is right for you?

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. If you’re considering adding a new card to your wallet, both the…

James Webb telescope captures Pillars of Creation in unprecedented detail

The James Webb Space Telescope’s sightseeing tour just provided a fresh look at one of the most recognizable interstellar objects. Researchers have captured their most detailed image yet of the Pillars of Creation, a star-forming nursery in the Eagle Nebula roughly 6,500 light-years away. The near-infrared picture shows even more detail than Hubble’s 2014 snapshot,…

Introducing the Paris Rhône Laser Projector, that brings the cinema home

Laser projectors keep getting better each year. The advancement of smart technology and high-quality streaming hardware makes content streaming more enjoyable with every new release. And yet, Paris Rhône’s Laser Projector is one of the top performers in the laser projector category. The design, hardware, features, and price make this device stand out from the…