Fox Business host says DeSantis is ‘pandering’ by sending $450-per-child checks to Florida families

Fox Business host Dagen McDowell and Florida Gov. Ron DeSantis. Steven Ferdman/Getty Images, Joe Raedle/Getty Images A Fox Business host said Florida Gov. Ron DeSantis was “pandering” by sending $450-per-child checks. The checks are expected to go to around 60,000 Florida families to “offset the costs of rising inflation.”  A spokesperson for DeSantis defended the…

Months after the price of Amazon Prime jumped $20 in the US, the cost is reportedly increasing by up to 43% in Europe

Smith Collection/Gado/Getty Images Facing inflation and rising costs, Amazon began telling customers it will increase the price of Prime in Europe. For some customers, that translates to an annual increase of up to 43%, Reuters reports. The change comes just months after Amazon raised the cost of Prime by $20 in the US. Come September,…

Ted Cruz calls the video of Josh Hawley fleeing the Capitol on January 6 ‘gotcha politics’ but admits it’s ‘worth a chuckle’ when set to the ‘Chariots of Fire’ theme song

Sen. Ted Cruz of Texas looks on as Sen. Josh Hawley of Missouri speaks at a hearing on Capitol Hill on March 22, 2022. Chip Somodevilla/Getty Images Cruz has long insisted that he isn’t watching January 6 committee hearings. But Cruz, an avid Twitter user, did watch the video of Josh Hawley fleeing the Capitol…

Binance CEO files defamation suit against Bloomberg’s Hong Kong publisher following ‘Ponzi scheme’ headline

Changpeng Zhao, CEO of Binance. REUTERS/Darrin Zammit Lupi Binance CEO Changpeng Zhao is suing Bloomberg Businessweek’s Hong Kong publisher Modern Media for defamation. The suit comes after a local headline implied the crypto exchange was a “Ponzi scheme.” Zhao also filed a motion of discovery against Bloomberg LP and Bloomberg Inc. Binance’s CEO filed a defamation…

China warns of a possible military response to Pelosi’s potential Taiwan trip

A parade unit of the Chinese Armed Forces during the Victory Day military parade in Red Square marking the 75th anniversary of the victory in World War II, on June 24, 2020 in Moscow, Russia. Sergey Pyatakov/Getty Images China once again warned House Speaker Nancy Pelosi against visiting Taiwan.  The Chinese Ministry of Defense signaled…

The federal funds rate is the benchmark interest rate that affects borrowing costs across the US economy

While it technically applies only to banks, the federal funds rate influences interest rates on a variety of loans and investments. Richard Drew/Associated Press Set by the Federal Reserve, the federal funds rate is the interest banks charge each other to borrow money overnight.  Changes in the federal funds rate influence the interest rates on…

What is a crypto wallet? Understanding the software that allows you to store and transfer crypto securely

Each type of crypto wallet has its own use case depending on the goals of the user, although they all accomplish the same things. Alyssa Powell/Insider A crypto wallet is a device or program that allows you to transfer and store cryptocurrency.There are different types of crypto wallets, such as paper wallets, hardware wallets, and…