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Economy 2022-05-16T03:37:36Z
Close-up photos of Jeff Bezos and President Joe Biden side by side

The White House fires back at Jeff Bezos, saying it 'doesn't require a huge leap' to understand why he opposed an economic agenda that taxes the super-rich

Bezos lambasted the White House for pushing a plan he claimed would worsen inflation, and said Manchin "saved them from themselves."
News 2022-05-16T04:17:17Z
Servicemen march during the Victory Day military parade to mark the 77th anniversary of the victory in the Great Patriotic War on Red Square in Moscow, Russia, May 9, 2022.

Russia has probably lost a 3rd of the invading force it started with in February, UK defense ministry says

Russia's advance into the Donbas region has also "lost momentum and fallen significantly behind schedule," the UK defense ministry tweeted.
Premium Markets 2022-05-15T10:37:00Z
Wall street bull in the sun
Politics 2022-05-16T09:10:18Z
Macron kallas

Estonia's leader takes thinly-veiled swipe at Macron for calling Putin all the time

President Emmanuel Macron has spent 20 hours on the phone with President Vladimir Putin since early February, according to an AFP tally.
Analysis 2022-05-16T12:17:51Z
Elon Musk, Tesla CEO, attends the opening of the Tesla factory Berlin Brandenburg in Gruenheide, Germany

Elon Musk put his $44 billion Twitter buyout 'on hold.' He could be trying for a better price, buying himself time — or preparing to scrap the deal altogether.

Pressure on Tesla stock, a volatile market, and deal financing issues suggest Musk has got "cold feet," Wedbush analyst Dan Ives said Monday.
Asia 2022-05-16T03:13:15Z

The country has now topped 1.2 million cases of "fever" and at least 50 deaths, state media reported on Monday.

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News 2022-05-16T13:30:22Z

Russian state media shows off Putin's new 'long but round' table at the Kremlin

Putin has previously met with world leaders at opposite ends of a different — and impractically long — white wooden table at the Kremlin.
Military & Defense  2022-05-16T13:28:36Z

Sweden says it will apply to join NATO, a move certain to enrage Russia

Andersson said the move was prompted by Russia's invasion of Ukraine, ending 200 years of military nonalignment in Sweden.
Tech 2022-05-16T13:24:24Z

I moved my crypto from Coinbase Wallet to a USB-like hardware device to have more control over my money. Here's how to do it.

After Coinbase disclosed this week that it could absorb users' crypto if it ever went bankrupt, I wanted to try storing my holdings offline.
Markets 2022-05-16T13:19:08Z

Goldman Sachs cuts its US GDP forecast for 2022 again, saying the Fed's rate hikes are 'in the ballpark' for cooling inflation

The Fed's rate hikes are in the ballpark of what's ultimately needed to cool wage and price pressures, Goldman economists said.
Markets 2022-05-16T13:12:01Z

Spirit Airlines soars 22% as JetBlue launches hostile takeover bid to break up deal with Frontier

JetBlue is offering $30 a share and said its earlier offer of $33 a share is still on the table if Spirit management negotiates.
Premium Media 2022-05-16T13:06:30Z

How to pitch brands for collaborations as a micro influencer

Alexa Curtis, an influencer with 20,000 Instagram, has worked with Banana Republic, W Hotels, and eyewear brand Zenni Optical,
News 2022-05-16T13:00:17Z

He was my high school journalism teacher. Then I investigated his relationships with teenage girls.

Eric Burgess, Rosemead High School's "Golden Boy," repeatedly groomed students for sex. No one stopped him for more than 20 years.
Premium Law 2022-05-16T13:00:00Z

A legal-tech startup that wants to become the TurboTax of immigration raised $2.3 million from investors like Bessemer. Here's how.

Formally, a legal-tech startup that helps immigrants and asylum seekers find and work with lawyers, raised $2.3 million in pre-seed funding.
Retail 2022-05-16T12:41:37Z

McDonald's is selling all its Russian restaurants. Step back in time to 1990 when the chain arrived in Moscow

The opening of Russia's first McDonald's, synonymous with capitalism and American culture, symbolized the impending collapse of the Soviet Union.
Markets 2022-05-16T12:36:59Z

Goldman Sachs' former CEO says there's a 'very, very high risk' of recession for the US economy and companies and consumers should prepare

Blankfein, currently senior chairman at the Wall Street banking giant, praised the Federal Reserve and said it had the ability to avert a recession.

I'm self-employed, but I still give myself a 4-part 'benefits' package

Writer Kelly Burch has been freelancing for 10 years and finally gave herself a benefits package that includes retirement and health insurance.
Premium Retail 2022-03-16T12:02:29Z

How Glossier founder Emily Weiss' tech dreams derailed the hottest millennial beauty brand

Glossier recently laid off a third of its corporate workers, mostly in tech. Now former employees are sharing what went wrong at the trendy startup.
Premium News 2022-03-20T11:03:00Z

'We have your daughter': The terrified father paid the ransom. Then he found his kid where he least expected her.

Criminals are staging a devious new kind of kidnapping — and the FBI is stumped.
Economy 2022-03-29T16:46:36Z

Gen Z and younger millennial women are outearning men in 16 cities — and the reasons why could make the pay gap less severe

Female New Yorkers in their teens and 20s are earning 2% more than men the same age, according to a new Pew study.
Premium Economy 2022-03-02T12:03:00Z

'My company is not my family': Fed up with long hours, many employees have quietly decided to take it easy at work rather than quit their jobs

Hustle culture is over — and in much of corporate America, it's being replaced by coasting culture.
Premium Markets 2022-03-01T17:00:41Z

A high-school dropout who owns over 100 units and grosses six figures per month in rental income explains how he used real-estate investing to build generational wealth

After two decades of following his buy-and-hold real-estate investing strategy, Matt "The Lumberjack Landlord" owns 36 buildings in New Hampshire.
Premium Media 2022-05-16T12:36:31Z

YouTube runs a private program for Shorts creators. Here's what it includes, from exclusive advice to events.

YouTube is running an invite-only community for Shorts creators, where members are assigned partner managers and get guidance and exclusive events.
Finance 2022-05-16T12:36:08Z

Goldman Sachs is going through a massive transformation under CEO David Solomon

Insider has complied a list of everything you need to know about the Wall Street bank's return-to-office policies, power players, Marcus, and more.
Politics 2022-05-16T11:57:52Z

176 cops were sent to remove 4 protesters from a Russian oligarch's mansion at a cost of $100,000, report says

Protesters stormed Oleg Deripaska's mansion in March, saying they wanted to use the property to house Ukrainian refugees.
Military & Defense  2022-05-16T11:39:51Z

A Ukrainian TikToker funded 100 abortions for Ukrainian women, citing laws that make it hard to get treatment if Russian soldiers rape them

Max Klymenko donated to the Abortion Support Network to help Ukrainian refugees access abortions. Many are in Poland, which has a near-total ban.
Careers 2022-05-16T11:20:44Z

Walmart is fast-tracking college grads to store manager roles that pay $210,000 a year

America's largest employer will offer graduates a new role of "emerging coach." It hopes to give top performers management roles within two years.
Markets 2022-05-16T11:10:31Z

Jim Simons' RenTech fund doubled its Tesla stake last quarter — and supercharged its GameStop bet 118-fold

The quantitative hedge fund boosted its Tesla bet to $1.7 billion as of March 31, making Elon Musk's clean-energy company its second-biggest holding.
Politics 2022-05-16T11:06:32Z

Arizona GOP lawmaker spreads conspiracy theory that the Buffalo mass shooter was a federal agent

"Fed boy summer has started in Buffalo," Wendy Rogers tweeted, citing baseless conspiracy theories claiming that mass shootings are government plots.

Mobile marketing guru Eric Seufert just launched a $10 million fund to invest in mobile ad and gaming startups. See the pitch deck that persuaded 38 investors to hop on board.

Heracles Capital investors include media investment bank Aream, gaming firm Supercell, and adtech founders Ari Paparo and Alex Collmer.
Markets 2022-05-16T10:55:00Z

10 things before the opening bell

The stock market exodus has begun, but it hasn't seen a bottom yet. This and more, in today's Opening Bell newsletter.
Markets 2022-05-16T10:49:00Z

Wheat soars more than 4% to two-month highs after world's second largest producer India bans exports

Poor weather and the fallout from the Russia-Ukraine war have roiled global commodity markets, meaning wheat production is forecast to fall.
Markets 2022-01-19T17:50:45Z

'Pawsitively adorable' Puppy Bowl NFTs are going on sale to benefit Ariana Grande's animal rescue

Discovery is dropping new NFTs weekly leading up to the annual Puppy Bowl that airs on the same day as the NFL Super Bowl.
Premium Law 2022-02-14T16:52:46Z

A law firm built investor networks for women-led startups that have gone on to raise more than $85 million. Here's how.

Law firm Davis Wright Tremaine developed accelerator programs to connect women entrepreneurs and guide them on sales and raising capital.
Premium  Small Business 2022-01-14T15:52:55Z

2 business owners share how they created a succession plan for when one steps down — and what it includes

Russ Stephens made a plan outlining how he'd pass the reins to his daughter Sky before APB was even founded — including share ownership.
Markets 2022-01-26T15:39:01Z

NFT sales hit $565 million over the past week. These were the 5 best-selling digital collections.

Total NFT sales volume hit $17 billion over the past year as artists, investors, and entrepreneurs descend upon the nascent Web3 space.
Premium  Healthcare  2022-01-14T16:58:40Z

Cerebral is trying out an unusual clinical trial for a depression drug that has other companies wary. Here’s why.

Cerebral supplied patients from its subscription-based mental health service for the ongoing Phase 2 trial.
Politics 2022-05-16T10:44:45Z

Ukraine says troops fighting near Kharkiv advanced all the way to the Russian border

In a sign that Russia's invasion isn't going to plan, Moscow's forces have recently scaled back attacks on Kharkiv, Ukraine said Saturday.
Markets 2022-05-16T10:29:30Z

FTX boss Sam Bankman-Fried believes bitcoin has no future as a payments network, because its 'proof of work' system means it can't scale up

The billionaire founder of crypto exchange FTX, Sam Bankman-Fried, told the FT that bitcoin won't be able to handle millions of transactions.
Personal Finance 2022-05-16T10:00:00Z

Today's mortgage and refinance rates: May 16, 2022 | Rates have increased over 2% since last year

Rising mortgage rates may lead to some buyers dropping out of the market. Rates remain elevated today and will likely stay above 5% throughout 2022.
News 2022-05-16T09:50:08Z

Christopher Steele, the spy behind the discredited 'pee tape' Trump dossier, says sources tell him Putin is seriously ill

Christopher Steele said his sources told him Putin is badly ill, which could be affecting his decision-making in Ukraine, per Sky News.
Transportation 2022-05-16T09:18:02Z

JetBlue plans to launch a hostile takeover of Spirit, report says

JetBlue plans to launch a tender offer for Spirit shareholders' holdings at $30 a share in cash, sources told The Wall Street Journal.
Markets 2022-05-16T09:11:31Z

Global shares seesaw as investors weigh up evidence of a slowing Chinese economy ahead of a data-heavy week

Investors are increasingly concerned that the combination of Chinese COVID lockdowns, high inflation and rising rates will hurt global growth.
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