Janet Yellen says the US economy is not in a recession despite a 2nd straight negative GDP print because the job market is strong

US Treasury Secretary Janet Yellen. REUTERS/Jonathan Ernst/File Photo Treasury Secretary Janet Yellen said the US economy is not in a recession despite two straight declines in quarterly GDP growth.She pointed to the strong labor market as reason to believe that the US economy is not experiencing a broad economic slowdown.The US economy is officially not…

Liquid assets are an important part of a portfolio because they can be quickly converted into cash

Generally, you should keep a portion of your overall assets as liquid assets, in case you need to get your hands on some cash. Rachel Mendelson/Insider Liquid assets are assets that are easily and simply converted to cash.Examples of liquid assets include cash, bonds, and CDs.Assets that lack liquidity require time or effort to trade…

Treasury bonds are securities that offer stability for your investment portfolio

Treasury bonds earn interest until maturity, providing steady income. iStock / Getty Images Plus A Treasury bond is a type of debt security that’s distributed and backed by the US government.Investors can buy several types of Treasury securities depending on their investment horizon.Some Treasuries earn interest incrementally while others pay out at maturity. A Treasury…

Manchin said he cut a last-minute deal on Biden agenda since Democrats might lose big in the November midterms

Sen. Joe Manchin listens to President Joe Biden’s first State of the Union. J. Scott Applewhite-Pool/Getty Images Manchin said he cut a last-minute deal on Biden’s agenda since Dems might lose control of Congress in November. “We don’t know what the future will bring,” he told Politico. Democrats are racing to send the $740 billion…

Kinly banking review: Mobile banking platform that supports Black American communities

The Kinly Account comes with a Kinly Visa Debit Card. Kinly; Rachel Mendelson/Insider Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Terms apply…

Hundreds of TV writers call on Netflix, Apple to improve safety measures in anti-abortion states

A group of 411 TV showrunners, creators and writers sent letters to executives at streaming platforms and other major Hollywood companies to demand better protections for workers in anti-abortion states. “We have grave concerns about the lack of specific production protocols in place to protect those at work for Netflix in anti-abortion states,” they wrote…

Senate committee chair grills Apple, Google over protection against crypto app scams

Crypto scams remain a serious problem, and a key senator wants to make sure app store operators are cracking down. Senate banking committee chair Sen. Sherrod Brown has sent letters to the CEOs of Apple and Google requesting answers on their protections against cryptocurrency app fraud. The politician wanted details of their app approval and…