Ina Fassbender/AFP/Getty Images More than 80 central banks are aggressively raising interest rates to cool inflation. Rate hikes are the best tool for easing price surges but bring with them the risk of recession. The synchronized rate hikes could throw the world economy into a slump. Countries around the world are rushing to crush inflation. […]
Category: Finance News
Donald Trump is worth billions — here’s how the former president has spent his cash
Donald Trump was the 45th president of the United States. Andrew Caballero-Reynolds/Getty Images Donald Trump was the first billionaire to enter the White House when he became the 45th President. Forbes estimates he is worth $ 3 billion, with a property empire including Mar-a-Lago in Florida. Other assets he controls include hotels, office buildings, and […]
GOP unveils ‘Commitment to America’ platform, passing off stock footage of Russia and Ukraine as the US and a Lehman Brothers ad as a quote by Lincoln
House Minority Leader Kevin McCarthy (R-CA) talks to reporters after attending the swearing-in of Rep. Brad Finstad (R-MN) at the U.S. Capitol on August 12, 2022 in Washington, DC. Chip Somodevilla/Getty Images House GOP leaders on Thursday released a video promoting their "Commitment to America" agenda. Footage from the video passes off stock images of […]
The 2022 Global Citizen Festival will feature performances by Metallica, Mariah Carey, and Usher — here’s how to watch
When you buy through our links, Insider may earn an affiliate commission. Learn more. Demi Lovato performs at Global Citizen Live in 2021. Michael Tran/AFP via Getty Images Global Citizen Festival 2022, an event to inspire international activism, is set for September 24. The festival is celebrating its 10th anniversary with shows in New York […]
Netflix is set to reveal new trailers and details on its latest shows and movies during this year’s Tudum event — here’s how to watch
When you buy through our links, Insider may earn an affiliate commission. Learn more. Tudum will feature popular shows and movies like "The Witcher," "Squid Game," and "Bridgerton." Netflix "Tudum: A Global Fan Event" is like an online convention for all things Netflix. The livestream will feature trailers, news, and panels for the service's latest […]
Samsung Galaxy Z Flip 4 review: The best foldable phone you can buy, but that doesn’t mean you should
When you buy through our links, Insider may earn an affiliate commission. Learn more. Samsung's Galaxy Z Flip 4 is the best foldable you can buy, but there are still so many compromises for its high price. Antonio Villas-Boas The $ 1,000 Samsung Galaxy Z Flip 4 aims to justify its price with beauty and […]
Inside the 19-year relationship of Meta CEO Mark Zuckerberg and Priscilla Chan, who are about to have their 3rd baby together
Facebook CEO Mark Zuckerberg and Priscilla Chan. AP Photo/Jeff Chiu Meta CEO Mark Zuckerberg has been married to his wife, Priscilla Chan, since 2012. The couple met during college and have since had two kids together with a third on the way. They've also founded the Chan Zuckerberg Initiative and amassed a real estate empire. […]
Prosecutors will not recommend charging Matt Gaetz in sex-trafficking investigation, report says
Rep. Matt Gaetz, a Republican of Florida, listens during a news conference at the Capitol in Washington, Tuesday, December 7, 2021. J. Scott Applewhite/Associated Press Prosecutors are recommending against charging Gaetz with sex trafficking, The Washington Post reported. They have concerns about the credibility of two witnesses. Gaetz has denied wrongdoing. Prosecutors are recommending against […]
These maps show which parts of the US are already having a green energy jobs boom
LEREXIS/Getty Images A paper highlights just how many jobs in a commuting zone are wind or solar based on job opening data. Places with higher shares of job postings that are wind tended to be down the middle of the US. With the Inflation Reduction Act signed into law, there could be more postings for […]
Goldman Sachs cuts its S&P 500 forecast, says stocks will drop over 4% by the year’s end as the Fed stays aggressive
Federal Reserve interest rate hikes will weigh on stocks this year, Goldman Sachs warned. Richard Drew/AP Photo Goldman Sachs on Friday slashed its end-of-year target for the S&P 500 to 3,600, a . The Fed's aggressive approach to taming inflation will weigh on stocks, the bank said. The benchmark US index has plummeted just under […]
