Saudi Arabia lowers oil prices for Europe but raises them again for the US as White House says OPEC+ is siding with Russia

President Joe Biden and Saudi Crown Prince Mohammed bin Salman. MANDEL NGAN/POOL/AFP via Getty Images Saudi Arabia is raising oil prices for US buyers, following a similar move a month ago.  Meanwhile, state-run Saudi Aramco lowered prices in Europe and left them largely unchanged for the Asian market.  The price moves come after OPEC+ slashed…

A Wisconsin conservative group is suing Biden’s student-loan forgiveness because it intentionally helps Black borrowers

George Washington University student Kai Nilsen and other student loan debt activists rally outside the White House a day after President Biden announced a plan that would cancel $10,000 in student loan debt for those making less than $125,000 a year in Washington, DC, on August 25, 2022. Photo by Craig Hudson for The Washington…

Liz Cheney warns against electing Arizona GOP candidates Kari Lake and Mark Finchem, who have denied the 2020 results

Rep. Liz Cheney (R-WY). Drew Angerer/Getty Images Rep. Liz Cheney warned Arizona voters not to elect GOP candidates Kari Lake and Mark Finchem. Both Lake and Finchem have denied the results of the 2020 election. Cheney said she would vote for their Democratic opponents had she lived in Arizona. Rep. Liz Cheney on Wednesday evening…

Hong Kong is giving away 500,000 free airline tickets to tempt tourists back, following the pandemic travel slump, reports say

Cathay Pacific planes on the runway at Hong Kong airport. SOPA Images / Contributor / Getty Hong Kong’s tourism board plans to give away 500,000 airline tickets, to boost visitor numbers.  The tickets were purchased during the pandemic to support Hong Kong’s airlines, per the BBC.  Visitor numbers have fallen due to Hong Kong’s strict…

As the economy teeters, many Americans are in ‘wait and see’ mode on big life decisions like moving and having kids

Inflation and slower growth has Americans feeling awful about an otherwise healthy economy. DjelicS/Getty Images For the first time in 30 years, more Americans moved out of apartments than moved in. It’s one of many signs of a “wait and see” economy, in which Americans postpone big life decisions. Buying a home, moving, and starting…

A new ETF may soon allow investors to bet against the stock picks of market personality Jim Cramer

CNBC host Jim Cramer. Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Investors may soon be able to bet against the stock recommendations of market personality Jim Cramer.Tuttle Capital Management has filed a preliminary ETF prospectus with the SEC that includes the Long Cramer ETF and the Inverse Cramer ETF.The strategies would track the stock recommendations…

Ukraine’s ‘indirect methods’ help it avoid fighting a war it can’t win with Russia, top British commanders say

Ukrainian troops carry rocket-propelled grenades and sniper rifles toward the city of Irpin, northwest of Kyiv on March 13. Dimitar Dilkoff/AFP via Getty Images Ukrainian forces have turned the tide against Russia despite Moscow’s military advantages. Ukraine has benefited from international support and from Russia’s failings on the battlefield. But Kyiv’s “indirect” methods also help…

The British pound drops against the dollar as Fitch cuts UK’s credit outlook to negative on risks from Truss government’s mini-budget

British Prime Minister Liz Truss, center, speaks with Latvia’s Prime Minister Krisjanis Karins, left, and Italy’s Prime Minister Mario Draghi, right, in Prague, Czech Republic, on Oct 6. AP Photo/Alastair Grant, Pool The pound fell against the dollar on Thursday as Fitch Ratings downgraded its outlook for the UK. The currency fell by as much…

Ex-Treasury chief Larry Summers warns the Fed may need to hike rates above 5% to defeat inflation – and sees unemployment spiking to 6%

Larry Summers. REUTERS/Ruben Sprich Larry Summers warned the Fed may have to hike interest rates above 5% to beat back inflation. He predicted the cost would be a severe recession, and unemployment surging to about 6%. The former Treasury secretary underlined the slew of issues plaguing the global economy. The Federal Reserve may have to…

4 outdated money tips millennials and Gen Zers hate, according to a 27-year-old millionaire who teaches them on TikTok

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. Financial literacy educator Vivian Tu. Courtesy of Vivian Tu Vivian Tu teaches…