Now that Americans elected Democrats to keep the Senate, here are their 3 major plans to fix the economy and fight inflation

Support for Biden’s spending and corporate taxes pushed several candidates to victory this year. Getty Images Democrats maintained a Senate majority in a surprise midterms win. In addition to abortion rights and fair elections, Democrats appealed to voters on their plans for the economy. That involves taxing corporations, approving Biden’s spending, and lowering healthcare costs….

US Navy finds ‘massive amount’ of explosive material able to fuel over a dozen ballistic missiles on a fishing boat sailing from Iran

Guided-missile destroyer USS The Sullivans (DDG 68) and patrol coastal ship USS Hurricane (PC 3) sail in the background as Sailors inventory a large quantity of urea fertilizer and ammonium perchlorate discovered on board a fishing vessel intercepted by U.S. naval forces while transiting international waters in the Gulf of Oman, Nov. 9. US Navy…

Sam Bankman-Fried is reportedly trying to raise money to pay back clients while FTX warns it could have over 1 million creditors

Sam Bankman-Fried. (Photo by Jabin Botsford/The Washington Post via Getty Images) Sam Bankman-Fried is trying to raise money to pay back clients and make them whole again, the Wall Street Journal reported Tuesday.  SBF and a few remaining staffers spent the weekend reaching out to potential investors, per the WSJ.  Separately, FTX warned in an…

A Zambian student sent to prison in Russia wound up dead in Ukraine, suggesting Russia is conscripting prisoners from other nations to fight

An abandoned Russian military tank left in the Ukrainian city of Balakliia after Russian Forces withdrew from the Kharkiv region on September 15, 2022. Metin Aktas/Anadolu Agency via Getty Images A Zambian student serving a prison sentence in Russia wound up dead after fighting in the war in Ukraine.  The 23-year-old man was serving a…

Investors should cash in gains from the recent stock surge because a recession looms if the Fed doesn’t pivot, JPMorgan says

Hollis Johnson/Insider The stock market’s rally since the October CPI report is an opportunity for investors to trim equity exposure, according to JPMorgan.The bank said despite the upside move in stocks, an economic recession remains a real possibility if the Fed doesn’t pivot.“The disinflation wave could be much quicker and stronger if the economic slowdown…

Student-loan borrowers who applied for Biden’s debt relief shouldn’t have to worry about living with ‘crushing student loan debt as a result of a court challenge,’ the nation’s largest labor federation says

Democratic presidential candidate Joe Biden briefly visits with local labor leaders following a group photo at the state’s AFL-CIO headquarters on Labor Day, September 07, 2020 in Harrisburg, Pennsylvania. Chip Somodevilla/Getty Images President Biden’s student loan forgiveness plan is currently paused after two court rulings. A major labor federation “is extremely disappointed in the partisan…

If you can’t afford to buy a home right now, a ‘renter for life’ Yale economist explains why renting forever might be the smarter option anyway

A New York City apartment complex. Getty Images Buying a home will remain out of reach of many Americans in the years to come. A Yale economist says, for some Americans, renting might be the better financial decision anyway. There’s no guarantee home values will rise, and there could be better ways to invest your…

I make $60,000 a month from multiple revenue streams, including YouTube and Airbnb. Here’s how I set them up so I only have to work 15 hours a week and can travel the world.

Gabby Wallace. Courtesy of Gabby Wallace Gabby Wallace is a former teacher who now runs a YouTube channel and several rental properties. She makes money from online ads, sponsorships, and courses, as well as bookings on Airbnb. She says she only works 10 to 15 hours a week, and she makes on average $60,000 a…

Ticketmaster was ‘experiencing technical difficulties’ and outage reports surged as presale started for Taylor Swift’s Eras tour

Taylor Swift. Carlo Allegri/Reuters Ticketmaster was experiencing technical difficulties on Tuesday as presale started for Taylor Swift’s new tour. Outage reports surged at Downdetector.com and some people took to Twitter to complain. Swift’s Eras tour, her first in five years, kicks off in 2023. Some Taylor Swift fans weren’t happy Tuesday morning. Ticketmaster appeared to…