Why high interest rates actually might be helping US consumers, strategist says

Tech Insider
A hand depositing a coin into a piggy bank.
With student loans resuming, some people are left wondering how they'll afford to travel.

Boris Zhitkov

  • High interest rates actually might be helping US consumers, Carson Group strategist Ryan Detrick said.
  • While interest payments for Americans have jumped, they've been offset by a jump in interest income in money market accounts.
  • "It is estimated there is more than $6 trillion in money markets
Economy

Batman spinoff The Penguin is pure crime drama in first trailer

The Verge
A still photo of Colin Farrell as the Penguin in the Max series The Penguin.
Image: Max

We may be waiting a while to see Robert Pattinson return as Batman, but the franchise isn’t going totally quiet. Max just released the first teaser trailer for The Penguin, which sees Colin Farrell reprise the titular role from the 2022 film The Batman. As a teaser, the short clip doesn’t give much away, but the vibes are clear: this is going to be a crime drama

Watch Tim Cook's famous 'Buy your mom an iPhone' quip that caught the attention of the Justice Department

Tech Insider
A photo of Tim Cook at the 2024 Oscars
Apple CEO Tim Cook wears a black tuxedo to the 2024 Oscars

Rodin Eckenroth

  • In 2022, Tim Cook told someone to buy his Android-using mother an iPhone.
  • Now, that comment is part of the Department of Justice's case against Apple.
  • It's an example of Apple's anti-competitive tactics, the DOJ alleges.

A quip from CEO Tim Cook made it into the Department of Justice's 88-page antitrust complaint against Apple.

C

House passes $1.2 trillion bill to avert partial government shutdown

Tech Insider
Mike Johnson
House Speaker Mike Johnson speaks at the US Capitol on November 2, 2023.

AP Photo/J. Scott Applewhite

  • House lawmakers voted to avert a federal government shutdown.
  • The $1.2 trillion bill passed the House on a 286 to 134 vote.
  • The House needed the bill to pass with at least two-thirds support.

House lawmakers on Friday rushed through a $1.2 trillion bill to avert a partial government shutdown that would

Politics, Economy

I flew in economy on British Airways' Boeing 777 from New York to London. It was a fine option for crossing the Atlantic, but the food needs work.

Tech Insider
Selfie of author in pink sweater on daytime flight stitched with a photo of a British Airways 777 at the gate at JFK.
I flew on British Airways' Boeing 777 in economy from New York to London. It was fine, but I'd bring my own food next time.

Taylor Rains/Business Insider

  • British Airways ranked third to last of 17 airlines in a recent customer satisfaction survey.
  • I flew the airline for the first time since 2018 to see how it compares to other long-haul options.
  • I thought the seat was more comfortable than many
Travel, Travel