The social costs of ride-hailing may be larger than previously thought

ECONOMISTS HAVE always been fond of Uber. Its willingness to battle incumbents, use of technology to match buyers and sellers, and embrace of “surge” pricing to balance supply and demand make the ride-hailing giant a dismal scientist’s dream. Steven Levitt, the author of the bestselling “Freakonomics”, called it “the embodiment of what the economists would […]

Stock bubble bigger than 2008 & coming crash far larger, warns Peter Schiff

Wall Street and the US economy are on the verge of recession, according to the CEO of Euro Pacific Capital, Peter Schiff, who has raised alarms after this week’s market selloff. “This is a bubble not just in the stock market, but the entire economy,” he told Fox News. Schiff predicts a recession, accompanied by […]

‘The Meg’ Overperforms at the Box Office, Opens Larger Than ‘Ready Player One’ and ‘Rampage’

As the blockbuster summer of 2018 comes to an end, it appears audiences were hungry for Jason Statham and a giant prehistoric shark to give them some last minute thrills. The Meg surprised box office experts by having a much larger opening weekend than projected. As of Wednesday last week, analysts were predicting The Meg […]

A lingerie startup used feedback from 6 million women to make the perfect wireless bra — and it works for larger cup sizes

The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase True & Co I’ve worn bras for over a decade, but True&Co‘s True Body collection has the only seamless bra I’ve tried that actually supports and lifts cup […]

Kickstarter Patron aims to generate larger pledges for creators

Kickstarter is piloting a program that will match up companies, organizations and institutions with projects that need more substantial funding, TechCrunch reports. It’s called Kickstarter Patrons and the nonprofit and for-profit groups selected to take part will be required to provide multiple pledges each worth $ 1,000 or more. Kickstarter will select the Patrons and […]

Cortana for iPad takes full advantage of the larger screen

Microsoft updated its Cortana app and it now features native iPad support. The interface makes use of the bigger iPad screen, but otherwise it’s largely similar to the iPhone version. The update, spotted by MacRumors, also notes that the app now opens 20 percent faster. “Introducing a brand-new Cortana for iPad design. Enjoy an exclusive […]

Trump’s reversal of Wall Street regulations risks another Lehman Brothers but ‘on a larger scale’

Oli Scarff/Getty Images They say human beings have short memories, but this is outright amnesia. Donald Trump and the Republican Party’s efforts to dissolve many of the new regulations imposed on major Wall Street banks in the wake of the worst financial crisis are most stunning because they ignore such glaring and recent lessons. These […]