Elon Musk says he plans to publish ‘the Twitter Files’ about free speech suppression on the social-media platform

Musk is a self-proclaimed “free speech absolutist.” HANNIBAL HANSCHKE /Getty Images Elon Musk has teased the release of “the Twitter Files” about “free speech suppression.” Musk is a self-proclaimed “free speech absolutist” and has said he plans to embrace free speech on Twitter. The billionaire made the comments on Monday amid a series of tweets…

‘I’m glad Elon is in the fight’: Tech CEOs battling Apple’s 30% App Store fee get unexpected ammo from Musk

Tesla CEO Elon Musk and Apple CEO Tim Cook. Britta Pedersen-Pool/Getty Images, Steve Granitz/WireImage Elon Musk has fueled a prolonged fight between Apple and app developers over App Store fees. Epic Games’ CEO Tim Sweeney and Spotify boss Daniel Ek supported Musk’s criticism of Apple. One CEO who predicted trouble when Musk bought Twitter said…

FTX told customers to deposit money by wiring funds to Alameda’s bank accounts, report says

Sam Bankman-Fried. Jabin Botsford/The Washington Post via Getty Images FTX told some customers to wire money to bank accounts held by Alameda Research in order to make deposits, Bloomberg said.  The practice came about because most banks were hesitant to do business with crypto firms like FTX. But Alameda had accounts at the crypto and…

I thought I was giving my kids the best childhood ever until my 4-year-old asked why we didn’t own a ‘bigger golf cart’

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, Rachel Morgan Cautero, with one of her children. Courtesy of…

US stocks trade mixed while Chinese markets rebound on easing COVID-19 fears

Thousands of demonstrators erupt in rare protests against COVID-19 restrictions across China AFP/Getty Images US stocks opened mixed on Tuesday while markets in China jumped as COVID-19 fears eased.  The Shanghai Composite Index climbed 2.3% and Hong Kong’s Hang Seng Index jumped 5.2% after diving on Monday. On Tuesday, China reported lower COVID infections and…

The stock market could fall 24% in 2023 as the Fed’s balance sheet reduction sparks liquidity risks in ‘odd places,’ Bank of America says

Traders work on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images The stock market isn’t out of the woods yet as 2023 approaches, according to Bank of America.The bank released its 2023 outlook and while it expects flat returns for the S&P 500, it also expects big volatility.Here’s why BofA thinks…

Lemonade pet insurance review 2022

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. Lemonade insurance review. Lemonade/Insider Lemonade Pet Insurance is a relatively new insurance…

What to know about the IRS rules for bitcoin, Ethereum and other cryptocurrencies for tax season 2023

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. All crypto transactions — with the exception of the initial purchase —…

A 10-year fight to raise the minimum wage has slashed the Black-White wealth gap in half in some states. The South still has a long way to go.

Lucy Nicholson/Reuters The federal minimum wage has been stuck at $7.25 for 13 years, despite attempts to raise it. However, some states have taken matters into their hands and raised wages statewide. In those states, workers make more, union membership went up, and racial wealth gaps shrunk.  A raise for minimum wage workers injected billions…

Treasury yields saw their most extreme inversion since 1981, back when unemployment soared even higher than it did in the Great Financial Crisis

Paul Volcker, former Fed Chair 1979 to 1987. Bettmann / Getty Images The 10-year US Treasury yield fell 0.78 percentage point below the two-year yield last week.  That’s the largest inversion since 1981, which marked the early stages of a deep recession that saw the unemployment rate reach 10.8%. Comparatively, during the Great Financial Crisis,…