Under-the-radar hedge funds to watch — Why stocks only go up — Goldman banker jumps to Instacart

TGIF. We are *checks calendar* one week into 2021, and I am already exhausted.  And while the entire world is focused on everything going on in Washington, D.C., one group seems unperturbed:  investors. The US equity markets continue to rise, seemingly unbothered by the Capitol building being overrun. In reality, it's a bit more complicated than that. Ben Winck with […]

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The son of Volkswagen's disgraced ex-CEO rejected a job at Apple to help the automaker in its race with Tesla to a 'miracle' battery

Until his fall from grace during the Dieselgate scandal, Martin Winterkorn had transformed the Volkswagen Group into the largest vehicle manufacturer in the world. It seems the company's leading status may be in the hands of Winterkorn's son, Martin Winterkorn Junior. Winterkorn Jr. is described by family friends and colleagues as having "tremendous potential". He's currently making the new "miracle" battery […]

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Modified H1-B visa process to give priority to wages, skill level

The United States on Thursday announced that it will modify the selection process for H-1B visa, giving priority to salary and skills instead of the current lottery procedures. The final rule to be published in the federal register on January 8, officials said, is aimed to protect the economic interests of US workers and better ensure the most highly skilled […]

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Donald Trump, Facing Furor Over Capitol Siege, Puts Out New Video Acknowledging Joe Biden As Next President: “This Moment Calls For Healing And Reconciliation”

Donald Trump, facing calls for him to be removed from office in the final days of his presidency, posted a video on Thursday calling for unity and acknowledging that Joe Biden would be the next occupant of the White House. “A new administration will be inaugurated on January 20th. My focus now turns to ensuring a smooth, orderly and seamless […]

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Boeing to Pay $2.5 Billion to Settle 737 Max Fraud Charge

Boeing Co. agreed to pay $2.5 billion to settle criminal charges that it defrauded the U.S. government by concealing information about the ill-fated 737 Max that was involved in two fatal crashes. The U.S. planemaker entered into a deferred prosecution agreement in the Northern District of Texas on Thursday, the Justice Department said in a press release. “The tragic crashes […]

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Australian City Locked Down After U.K. Covid-19 Strain Found

Australia’s Queensland state imposed a three-day lockdown of its capital, Brisbane, after the U.K. variant of the coronavirus was detected in the city. Residents across the metropolitan area will have to stay home except for essential work, services and exercise, and wear masks if they do go out, state Premier Annastacia Pałaszczuk told reporters Friday. Authorities are scrambling to prevent […]

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Find first-time homebuyer programs in your state to help with a down payment, closing costs, and taxes

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. You may qualify for financial assistance from your state government if you're buying your first home and have a low-to-moderate […]

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Harvard, Yale Among Rich Schools Facing Stimulus Payment Cuts

The richest private colleges in the U.S. will see about $85 million less in government stimulus money to contend with the Covid-19 crisis. Harvard, Princeton and Yale are among the wealthy institutions that would be affected because of a provision that singled them out. The American Council on Education, a trade group, estimated the loss for the group of about […]

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How to get a lower mortgage interest rate on your home

Getting approved for a mortgage can be complex, but if you do things right, you may be able to get a lower mortgage interest rate. Your credit score and credit report are vital for mortgage approval. Work on improving your credit score to get the best rate. Your income and income compared to your debt obligations are other important parts […]

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TikTok Adds Augmented Reality Feature for Apple iPhone 12

When Apple Inc. (NASDAQ: AAPL) announced its new iPhone 12 line in October, one of the features included with the iPhone 12 Pro and 12 Pro Max was a lidar sensor that the company said would speed up the camera’s ability to focus quickly, especially in low-light conditions. The sensor gives the new iPhones the capability to produce augmented reality […]

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