New Microsoft 365 app will try to do what the Office app never could

Microsoft has revealed that the cloud-based version of its Microsoft Office suite, Microsoft 365, will be ported to a single desktop and mobile application. The move, announced at the company’s annual Ignite event, will put an end to the Office.com web portal from November 2022, with the existing Microsoft Office apps on desktop and mobile…

Donald Trump has incorporated ‘Trump Organization II’ in apparent dodge of NY fraud case, officials say

Donald Trump speaking at the NRA convention in Houston, TX, on May 27, 2022. New York Attorney General Letitia James, right, speaks in Washington, DC on Nov. 12, 2019. Left, Brandon Bell/Getty Images. Right, Chip Somodevilla/Getty Images Donald Trump has formed ‘Trump Organization II’ in what NY officials call a move to protect assets. The…

A student-loan company is ‘prioritizing profits over people’ by remaining ‘seemingly complicit’ in GOP efforts to sue Biden’s debt cancellation plan, Cori Bush says

Rep. Cori Bush (D-MO). Greg Nash-Pool/Getty Images Missouri-based student-loan company MOHELA is involved in a GOP lawsuit suing Biden’s debt relief. Missouri Rep. Cori Bush called on the company to stop “prioritizing profits over people.” A judge heard arguments for the case on Wednesday and will decide soon whether to halt the plan. A Democratic…

Maryland Gov. Larry Hogan takes aim at Biden and ‘performative’ DeSantis amid speculation he’s eyeing a 2024 run

Left to right: Democratic President Joe Biden, Republican Gov. Larry Hogan of Maryland, and Republican Gov. Ron DeSantis of Florida. Alex Brandon/AP Images, William B. Plowman/NBC via Getty Images, and Joe Raedle/Getty Images Maryland Gov. Larry Hogan is a Republican centrist who’s name comes up frequently for 2024.  He bashed DeSantis over flying migrants to…

Insurance Technology Spend Forecast: What’s Driving Growth for P&C and Life Insurers in the US, UK, and Canada

US, UK, and Canadian insurers are striving to digitize their entire businesses to enhance their customer experience and cut costs.  And overall IT/tech spend will begin climbing again from 2020 to 2024 across both insurance lines in all three countries. You can learn more in our Insurance Technology Spend Forecast. Do you work in the…

Investors think the odds of a 75-basis-point rate hike at the December Fed meeting have doubled after the September inflation report

Fed Chair Jerome Powell. Eric Baradat/Getty Images Investors pushed up expectations that the Federal Reserve at its December meeting will deliver another rate hike of 75 basis points.  The odds for another three-quarter point increase jumped to 61.8% from 32.5% a day ago.  The move came after September core inflation rose to 6.6%, which marked…

Inflation will stay elevated for the next decade after years of underinvestment in energy, sticky wage inflation, and aging demographics, BofA says

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020. Andrew Kelly/Reuters Investors should get used to Thursday’s hot CPI report after more than a decade of sub-2% inflation readings, according to Bank of America.The bank highlighted years of underinvestment in energy production, sticky…