A soaring US dollar will force the Fed to pivot away from its interest rate hikes, but that won’t be enough to prevent an earnings recession, Morgan Stanley says

Federal Reserve Chair Jerome Powell. Liu Jie/Xinhua/Getty Images The Federal Reserve will likely follow in the Bank of England’s footsteps and pivot, according to Morgan Stanley.The bank said global US dollar liquidity is now in the “danger zone where bad stuff happens.”But stock investors shouldn’t be too excited by any Fed pivot because an earnings…

Russian agents killed 3 men they said were saboteurs sent by Ukraine. A report says they were just gamers in costume.

A still from a Russian state media Russia-1 report, showing what it claims is a mass of military equipment found at the site of a FSB operation Russia-1/Smotrim.ru Russian state media reported on an FSB operation targeting “pro-Ukrainian saboteurs.” Per independent media, the men killed were roleplayers of the video game “S.T.A.L.K.E.R.” The state media…

We visited Walmart and Target to compare Black Friday turnout, and Target was the winner of the day

Empty shelves at Target on Black Friday 2022. Mary Meisenzahl/Insider We compared holiday shopping turnout at Walmart and Target on Black Friday. Toys were major draws at both stores. Target was far busier with customers flocking to home goods and beauty, while Walmart was slower. I went to Walmart and Target locations in Rochester, New…

The best Black Friday deals on KitchenAid mixers, attachments, and more

When you buy through our links, Insider may earn an affiliate commission. Learn more. Lauren Savoie/Insider The holiday shopping season has begun with Black Friday deals dropping all weekend long. Now is the time to refresh your cookware and upgrade your countertop appliances with discounts from Amazon, Target, Walmart, and more. We usually see tons…

The best Black Friday gaming laptop deals: Save up to $1,000 on top brands like ASUS, Razer, and Acer

When you buy through our links, Insider may earn an affiliate commission. Learn more. GIGABYTE Buying a gaming laptop is a great way to combine amazing computer performance with portability. Although gaming laptops tend to be chunkier than other laptops, they’re still portable enough to take to class, a friend’s house, or even the office….

Get the Ninja DualBrew coffee maker at an all-time low price of $99 with this Black Friday deal

You can choose between making individual servings of coffee or a whole pot. Best Buy/Insider The Ninja DualBrew 12-cup coffee maker is now on sale for its the lowest price ever — $99 at Macy’s.  Originally priced at $200, it’s now on sale 50% off, which is a great deal — especially considering that you’re getting…

We visited the same Walmart on Black Friday in 2021 and 2022 — and the consistent emptiness shows the waning importance of the shopping holiday

Mary Meisenzahl/Insider I went to the same Rochester, New York Walmart on Black Friday two years in a row. Though 2022 was slightly busier, both visits were quieter than the massive Black Friday sales of earlier years.  Toys and electronics seemed to be the two bright spots for Walmart each year.  I went to Walmart…