Biden shushes economists’ recession warnings: ‘Every six months they say this’

President Joe Biden speaks at the Arnaud C. Marts Center on the campus of Wilkes University in Wilkes-Barre, Pa., on August 30, 2022. AP Photo/Matt Slocum, File In an interview with CNN’s Jake Tapper, President Joe Biden spoke about recession possibilities. Biden said that he doesn’t think there will be a recession, but if there…

Biden’s student-debt cancellation goes to court today. Republican arguments will center around the ‘enormous’ financial harm the relief will cause loan companies and states.

President Joe Biden. Kevin Dietsch/Getty Images Six Republican-led states are seeking to block Biden’s student-loan forgiveness. A federal judge will hear their arguments on Wednesday. Their defense outlines financial harms the relief will cause to state and company revenues. Wednesday could be a turning point for President Joe Biden’s student-loan forgiveness plan. A federal judge…

The US economy is ‘doing very well’ and there aren’t signs of instability in financial markets despite intense volatility, Treasury Secretary Janet Yellen says

AP The US economy is “doing very well” and there aren’t signs of instability in financial markets, Janet Yellen said. Yellen pointed to the strong labor market, and added she believed inflation could come down without hammering jobs. “While there’s some concern about liquidity in markets, I don’t think we’ve see anything that rises to…

Justice Ketanji Brown Jackson’s potential impact on corporate America “cannot be overstated”

A new day could be dawning for leadership in America with Justice Ketanji Brown Jackson taking her post. Kevin Lamarque-Pool/Getty Images Ketanji Brown Jackson was sworn into the Supreme Court in June and took her post last week. Jackson is the first Black woman to serve on the Supreme Court in US history. Corporate diversity…

I want to retire early as a millionaire, so I asked financial planners for 3 passive income streams I should be thinking about right now

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. Daphne Youree I know I’ll need passive income…

Elite investor David Einhorn expects an economic slump and sticky inflation – and says the risk of a global financial meltdown is growing

David Einhorn. Mike Segar/Reuters David Einhorn said the US economy is slowing down and inflation is here to stay. The Greenlight Capital boss accused the Fed and US government of inflating a huge bubble. Einhorn pointed to red flags in global bond markets and warned a disaster may be coming. US investors face a cooling…

20 October Prime Day deals that are better than they were on Prime day in July, including discounts from Simplehuman, Bose, and Apple

When you buy through our links, Insider may earn an affiliate commission. Learn more. iRobot The Amazon Prime Early Access Sale 2022 is still on and runs through today, October 12. It’s only fair to wonder if the deals are as good as the Prime Day bargains from July. During the summer Prime Day, we…

Microsoft Surface 2022 event liveblog: Surface Pro 9, Surface Laptop 5, Surface Studio 2+ and more

Techtober isn’t over yet! Today, we’re gearing up to cover Microsoft’s Surface device event at its NYC store. Senior Editors Sam Rutherford and Devindra Hardawar will be watching the stream and jotting all of their thoughts down in this live blog. And once the stream is over, they’ll be on the ground to churn out…