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• Legendary investor Jeremy Grantham says US stocks are in a crazier bubble than in 1929 - but this 'vampire' market is shrugging it off

  29-09-2021 12:42 via feedproxy.google.com
  Jeremy Grantham is highly regarded in markets as a value investor.
  Boston Globe/Getty Images
  Jeremy Grantham has said US stocks are in a magnificent bubble which is crazier than 1929.
  But he said the market is like "a vampire" that is hard to kill and will just shrug off bad news.
  Grantham said meme stocks, SPACs and cryptocurrencies are signs of market craziness.
  See more stories on Insider's business page.
  US stocks are in an even crazier bubble than before the great market crash of 1929 that
  
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• Tesla wants an exemption from COVID-19 rules so it can host a 9,000-person county fair at its Berlin Gigafactory

  29-09-2021 12:16 via feedproxy.google.com
  
  Tesla CEO Elon Musk first announced plans for the event in August.
  Hannibal Hanschke Pool / Getty Images
  Tesla asked for a COVID-19 rules waiver so it could host 9,000 people at an event, per Reuters.
  The "Giga-Fest" is set to include factory tours, Model Y rides, and an appearance from Musk himself.
  The event is scheduled for October 9 at Tesla's upcoming Gigafactory in Berlin.
  See more stories on Insider's business page.
  Tesla has asked for an exemption to COVID-19 rules so it can host 9,000
  
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• You've just been 'ghosted' after a job interview. Here's how you should respond, according to LinkedIn's careers expert and a life coach

  29-09-2021 12:01 via feedproxy.google.com
  
  It can be demoralizing when company leaves you with no explanation.
  tommaso79/ iStock
  You can't control whether an employer "ghosts" you - but you can control how you respond.Insider asked LinkedIn careers expert Charlotte Davies and psychotherapist Hilda Burke for tips.You should call back three times before moving on, they said - and keep searching while you wait.
  See more stories on Insider's business page.
  You've just had an interview for your dream job. You spent hours preparing, and think
  
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• Mastercard enters BNPL fray - Banks bulk up - CalPERS ramps up PE bets

  29-09-2021 12:00 via feedproxy.google.com
  
  Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.On the agenda today:Mastercard is rolling out tech to help customers offer their own BNPL services.Banks are bulking up - there's been $54 billion in merger activity this year. California's largest pension system is looking to make more private equity bets.Let's get started. Mastercard to launch BNPL techGetty/Hannah Smith/ESPAT MediaCa
  
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• 10 Things in Politics: Dems worry Biden's blowing it

  29-09-2021 12:00 via feedproxy.google.com
  
  Welcome back to 10 Things in Politics. Sign up here to receive this newsletter. Plus, download Insider's app for news on the go - click here for iOS and here for Android. Send tips to [email protected]'s what we're talking about:Democrats on Capitol Hill are worrying about BidenTop generals say they advised keeping troops in AfghanistanThe economics of climate news are getting more complicatedWith Phil Rosen.
  President Joe Biden.
  SAUL LOEB/AFP via Getty Images​​1. WITH FRIE
  
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• Greta Thunberg mocked world leaders for what she called empty promises on fixing the climate crisis: 'Blah, blah, blah'

  29-09-2021 11:59 via feedproxy.google.com
  
  Greta Thunberg at the Youth4Climate pre-COP26 event in Milan, Italy, on September 28, 2021.
  Nicolò Campo/LightRocket via Getty Images
  The climate activist Greta Thunberg slammed world leaders on the issue of the climate crisis.
  She said they offer "words that sound great but so far have not led to action."
  "Build back better. Blah, blah, blah," she said, mocking the slogans used by Biden and Boris Johnson.
  See more stories on Insider's business page.
  The climate activist Greta Thunberg m
  
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• Elon Musk wants US regulators to just let cryptocurrencies fly - saying the assets aren't the 'second coming of the Messiah'

  29-09-2021 11:36 via feedproxy.google.com
  Tesla CEO, Elon Musk.
  Patrick Pleul/Pool via Reuters
  The US government should "do nothing" about regulating cryptocurrencies, Elon Musk said Tuesday.
  "I don't think it's like the second coming of the Messiah, which some people seem to think," he said.
  China banned crypto because the country doesn't like their aim of reducing the power of centralization, he said.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Elon Musk said he thinks US authorities should stand away fr
  
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• An 87-year-old who woke up with a bat on his neck refused rabies injections. He later died of rabies.

  29-09-2021 11:35 via feedproxy.google.com
  
  A little brown bat on June 13, 2007.
  MyLoupe/Universal Images Group via Getty Images
  An Illinois man died from rabies, the first case in the state since 1954.Thomas Krob woke up with a bat on his neck in mid-August that tested positive for rabies.
  But he refused the post-exposure treatment which may have saved him, health officials said.
  See more stories on Insider's business page.
  A man died after waking up with a bat on his neck and refusing to take post-exposure treatment for rabies. Thomas
  
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• Putin coughed and cleared his throat throughout a 2019 meeting with Trump, apparently trying to trigger his germaphobia, book says

  29-09-2021 11:31 via feedproxy.google.com
  
  Russian President Vladimir Putin meeting then-US President Donald Trump in Osaka, Japan, in 2019.
  Kremlin Press Office / Handout/Anadolu Agency/Getty Images
  Putin coughed nonstop at a 2019 meeting with Trump, Stephanie Grisham wrote in her new book.
  Fiona Hill, Trump's top Russia advisor, said Putin was trying to set Trump off, Grisham said.
  Trump is a well known germaphobe and Putin is often accused of playing on world leaders' insecurities.
  See more stories on Insider's business page.
  Russian
  
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• Elon Musk claimed the Biden administration is 'biased' against Tesla and 'controlled by unions,' his third attack on the president in the past month

  29-09-2021 11:17 via feedproxy.google.com
  
  Tesla CEO Elon Musk (left) and President Joe Biden.
  Win McNamee/Getty Images/Susan Walsh/AP
  Musk claimed the Biden administration was "biased" against Tesla and "controlled by unions."
  The Biden administration is working on a bill that would benefit unionized electric vehicle-makers.
  Tesla has historically opposed unionization. This is the third time Musk has criticized Biden in recent weeks.
  See more stories on Insider's business page.
  Elon Musk is doubling down on his criticism of President J
  
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• CFTC fines crypto exchange Kraken $1.25 million for offering some products illegally

  29-09-2021 11:13 via feedproxy.google.com
  Kraken
  Primakov
  The CFTC ordered Kraken to pay $1.25 million for facilitating margined retail commodity transactions in digital assets.
  The order also said the company failed to register as a futures commission merchant (FCM).
  CFTC said Kraken offered this service to customers who were not eligible between June 2020 to July 2021.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  The Commodity Futures Trading Commission (CFTC) on Tuesday ordered crypto exchange Kraken to
  
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• US futures point to stock market rebound after biggest drop since May, but global energy crunch fans fears of inflation

  29-09-2021 10:59 via feedproxy.google.com
  US stocks fell sharply on Tuesday.
  Yana Paskova/Getty Images
  US futures climbed on Wednesday after stocks fell the most since May the previous day.
  Rising bond yields helped send stocks tumbling on Tuesday as investors' worries mounted.
  A global energy crunch, the US debt ceiling and China's Evergrande crisis are all causing concern.
  See more stories on Insider's business page.
  US stock futures rose on Wednesday, pointing to a rebound at the open after equities suffered their biggest fall since
  
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• How 4 Black Alabama women went door to door convincing people to get jabbed in one of the least-vaccinated US states

  29-09-2021 10:59 via feedproxy.google.com
  
  Jefferson County Commissioner Sheila Tyson, (second from left) during a door-knocking vaccine drive on June 30, 2021, in Birmingham, Alabama.
  Elijah Nouvelage / AFP via Getty Images
  Alabama has one of the lowest vaccination rates in the US.
  Black community leaders have been going door-to-door to fight misinformation and get shots in arms.
  Four told Insider the work is draining, but has worked because their communities trust them.
  See more stories on Insider's business page.
  Dorothy Oliver has a
  
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• The CIA evacuated an officer with 'Havana Syndrome' symptoms from Serbia, report says, as the US intensifies investigations into the mysterious illness

  29-09-2021 10:44 via feedproxy.google.com
  
  The US Embassy in Havana where diplomats suffered from an unusual set of symptoms.
  Ernesto Mastrascusa/Getty Images
  The CIA evacuated an intelligence officer experiencing "Havana Syndrome" symptoms, the WSJ reported.
  That officer was in Serbia. Dozens of US personnel worldwide have experienced the symptoms since 2016.
  The US is trying to get to the bottom of the attacks, and what - or who - is causing them.
  See more stories on Insider's business page.
  The CIA evacuated an intelligence officer f
  
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• Beijing is working behind the scenes to pull Evergrande out of danger, urging state-owned firms to buy the property developer's assets

  29-09-2021 08:04 via feedproxy.google.com
  
  China has asked state-backed firms to buy Evergrande's assets while the property giant struggles to pay its debts, reported Reuters.
  It's a sign that, for now, the government won't give Evergrande a bailout, sources told Reuters.
  Evergrande has started off by selling $1.5 billion of its stake in a bank to a state-owned group.
  See more stories on Insider's business page.
  Debt-saddled Evergrande is poised to get some relief from Chinese state-backed firms, as Beijing pressures government-affiliat
  
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• The Afghan army's collapse 'took us all by surprise,' Defense Secretary Lloyd Austin said at a hearing on the war

  29-09-2021 07:45 via feedproxy.google.com
  
  Secretary of Defense Lloyd Austin, right, and Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, at a hearing before Senate Armed Services Committee on Tuesday.
  Alex Wong/Getty Images
  Defense Secretary Lloyd Austin on Tuesday said the Afghan army's collapse surprised the Pentagon.
  He was speaking with senators at a congressional hearing about the Afghan war.
  Gen. Mark Milley said the US still needed to find out why Afghan troops surrendered so easily.
  See more stories on Insider's bus
  
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• Chinese stock market influencers are helping to quell Evergrande-related protests by pushing positive messages about the company's future

  29-09-2021 07:21 via feedproxy.google.com
  
  Evergrande could be evading a full-scale social media firestorm due to positive messaging being pushed by Weibo-based stock market influencers intent on reassuring their audience of Evergrande's stability.
  Jakub Porzycki/NurPhoto via Getty Images
  Real-estate giant Evergrande is teetering on the verge of collapse, but has managed to fly below the radar on Chinese social media for over a week.
  This might be due to positive messages about the company being pushed on Weibo comment threads - akin to
  
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• Beleaguered real-estate giant Evergrande's $1.8 billion lotus-shaped soccer stadium is partially built and in shambles amid the company's impending collapse

  29-09-2021 05:01 via feedproxy.google.com
  
  Aerial photos taken this September showed the Guangzhou Evergrande stadium in a partially-built state. The complex, was touted at its ground-breaking tohave a seating capacity of 100,000, to rival FC Barcelona's Camp Nou.
  STR/AFP via Getty Images
  The fate of a massive soccer stadium built by troubled real estate giant Evergrande is up in the air.
  The $1.8 billion lotus-shaped stadium was touted to have a 100,000-person capacity to rival FC Barcelona's Camp Nou.
  Evergrande now faces $305 billion
  
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• A Missouri hospital is giving employees panic buttons to address rising attacks on healthcare workers during the pandemic

  29-09-2021 04:46 via feedproxy.google.com
  
  Nurse Cindy Kelbert, left, checks on a critically ill COVID-19 patient through a glass door as she is surrounded by other nurses at St. Jude Medical Center in Fullerton, Calif., Tuesday, July 7, 2020.
  Jae C. Hong/AP Photo
  A Missouri hospital reported a rise in attacks on staff by patients in 2020.By the end of the year, Cox Medical Center Branson will give up to 400 employees panic buttons.The panic buttons will be on their ID cards and will send a message to security for help.See more stories
  
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• Elon Musk says he's 'pro-nuclear' power and is 'surprised by some of the public sentiment' against it

  29-09-2021 04:26 via feedproxy.google.com
  
  Tesla CEO Elon Musk in Germany.
  Michele Tantussi/Reuters
  Elon Musk on Tuesday said he was "surprised" by the public backlash against nuclear power.
  Musk opposes building new nuclear power plants but said safe ones should keep operating.
  Musk cited Germany's denuclearization effort, which caused a rise in dirtier coal plants.
  See more stories on Insider's business page.
  Tesla CEO Elon Musk on Tuesday said he's a proponent of nuclear power and was "surprised by some of the public sentiment agains
  
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• Ivanka Trump and Jared Kushner tried to attend meeting with Queen Elizabeth II but were stymied when there was no room in the president's helicopter for them: book

  29-09-2021 04:13 via feedproxy.google.com
  
  Ivanka Trump and Senior Advisor Jared Kushner follow US President Donald Trump to Marine One on the South Lawn of the White House November 29, 2018 in Washington, DC
  BRENDAN SMIALOWSKI/AFP via Getty Images
  Ivanka Trump and Jared Kushner were stymied from meeting with Queen Elizabeth II during a state visit, per a new book.
  Ex-Trump aide Stephanie Grisham reserved a heaping of scorn for the first daughter and son-in-law to former President Trump.
  According to Grisham, the lack of helicopter spac
  
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• Republicans want voters to blame the national debt on Joe Biden and the Democrats. The truth is they own it too.

  29-09-2021 03:39 via feedproxy.google.com
  
  Senate Minority Leader Mitch McConnell of Ky., center, accompanied by Senate Minority Whip Sen. John Thune of South Dakota, left, and Sen. John Barrasso, R-Wyo., speaks with reporters after a Republican caucus luncheon on Capitol Hill, Tuesday, June 8, 2021, in Washington.
  Alex Brandon/AP
  In 2017, the US national debt surpassed $20 trillion for the first time.
  Former President Donald Trump added about $7.8 trillion to the debt with spending and tax cuts.
  The debt ceiling needs to be raised to c
  
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• White House confirms Biden's opposition to changing Senate filibuster rules in order to raise debt ceiling

  29-09-2021 02:08 via feedproxy.google.com
  
  U.S. President Joe Biden.
  Chip Somodevilla/Getty Images
  Democrats are running out of time and options to address the impending debt ceiling deadline.
  The White House on Tuesday, confirmed Biden is opposed to changing the filibuster to increase the limit.Changing the Senate procedural rule would require all 50 Democrats and Kamala Harris' support.
  See more stories on Insider's business page.
  Not even the threat of an impending US recession can change President Joe Biden's mind when it comes to t
  
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• Fox News host Tucker Carlson called a CNN reporter a 'midget with the microphone'

  29-09-2021 02:07 via feedproxy.google.com
  
  Fox News host Tucker Carlson discusses 'Populism and the Right' during the National Review Institute's Ideas Summit at the Mandarin Oriental Hotel March 29, 2019 in Washington, DC.
  Chip Somodevilla/Getty Images
  Fox News host Tucker Carlson mocked a CNN reporter calling him a "midget with the microphone."
  Shimon Prokupecz reported on the anti-vaccine mandate protests in New York.
  Carlson accused Prokupecz of thinking "nurses know less about health care than the politicians."
  See more stories on
  
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• Jamie Dimon says JPMorgan is preparing for the US to default on its debt, warning that such a scenario would be 'potentially catastrophic'

  29-09-2021 02:03 via feedproxy.google.com
  JPMorgan Chase CEO Jamie Dimon.
  Jim Watson/AFP via Getty Images
  Jamie Dimon said JPMorgan had started preparing for the possibility the US will default on its debt.
  He said the scenario was "potentially catastrophic" and he hoped legislators would solve the crisis.
  "Every single time this comes up, it gets fixed, but we should never even get this close," he said.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Jamie Dimon, the president and CEO of JPMorgan Chase, said
  
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• North Korea says the latest weapon it tested was a hypersonic missile

  29-09-2021 01:28 via feedproxy.google.com
  
  A missile is seen launched earlier this month, that time from a train. North Korea now claims it has tested a hypersonic missile.
  KCNA via REUTERS
  North Korea tested a missile Tuesday that was initially identified as a short-range ballistic missile.
  North Korean state media claims it tested a hypersonic weapon called the Hwasong-8.
  North Korea reportedly expressed an interest in developing hypersonic weapon technology earlier this year.
  See more stories on Insider's business page.
  North Korea h
  
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• Elon Musk mocks Jeff Bezos' Blue Origin flight by saying 'your rocket can be shorter' for suborbital launches

  29-09-2021 01:06 via feedproxy.google.com
  
  Elon Musk and Jeff Bezos.
  John Locher/AP and Odd Andersen/AFP via Getty Images
  Elon Musk joked about the shape of Blue Origin's New Shepard rocket at the Code Conference Tuesday.
  Musk said "your rocket can be shorter" for suboribital flights, prompting laughs from the audience.
  The heated rivalry between Musk and Bezos often shows up via their respective space companies.
  See more stories on Insider's business page.
  SpaceX co-founder Elon Musk took a swipe at rival and Blue Origin founder Jeff B
  
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• 10 boho-chic hotels in Tulum, Mexico with dreamy decor, jungle foliage, and beach views

  29-09-2021 01:00 via feedproxy.google.com
  When you buy through our links, Insider may earn an affiliate commission. Learn more.Tripadvisor
  Tulum is a design and gastronomy mecca on a turquoise beach overseen by ancient Mayan ruins.
  Tulum hotels push the limits of beauty and design but some come with astonishingly high prices.
  We compiled highly-rated Tulum hotels that are also affordable, ranging from $128 to $669 per night.
  Table of Contents: Masthead StickyTwo hours south of Cancun, Tulum is one of Mexico's hottest destinations. Nestl
  
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• A Nazi attack on an ally's warships introduced the world to a weapon that militaries still love today

  29-09-2021 00:41 via feedproxy.google.com
  
  A German Dornier Do 217E-2 bomber in 1942
  US Navy
  In September 1943, the Germans launched their erstwhile Italian allies with an attack on their warships.
  To the surprise of the Italians, the bombs turned and glided toward the warships as they tried to evade.
  They were one of the world's first precision-guided munitions - weapons that militaries still rely on today.
  See more stories on Insider's business page.
  In the early hours of September 9, 1943, 14 ships of the Italian Navy sailed south fr
  
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• 403(b) vs. 401(k): What's the difference?

  29-09-2021 00:24 via feedproxy.google.com
  
  403(b)s are for government or non-profit employees, while 401(k)s are offered by for-profit companies.
  Alyssa Powell/Insider
  403(b) and 401(k) plans are similar retirement savings tools offered by employers.
  The main differences between 403(b)s and 401(k)s are the type an employer can offer and investment options participants have.
  Both plans give employees options to add after-tax funds, take loans against existing balances, and have special circumstances to withdraw funds without penalty.
  Vis
  
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• The best baby bottles in 2021 for breastmilk, newborns, formula, and colic

  29-09-2021 00:06 via feedproxy.google.com
  
  Table of Contents: Masthead Sticky
  We did the testing to find the best baby bottles for breastfed babies, colic, and more.
  We like Dr. Brown's Natural Flow Options+ for its interchangeable parts, anti-colic vent, and durability.
  This article was reviewed by Dipesh Navsaria, MPH, MSLIS, MD, FAAP, who is an associate professor of pediatrics at the University of Wisconsin School of Medicine and Public Health and president of the Wisconsin Chapter of the American Academy of Pediatrics.
  It can be ove
  
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• Police groups challenge the GOP claim that Democrats sought to 'defund the police' in reform legislation

  29-09-2021 00:06 via feedproxy.google.com
  
  NYPD police officers watch demonstrators in Times Square on June 1, 2020, during a "Black Lives Matter" protest. - New York's mayor Bill de Blasio today declared a city curfew from 11:00 pm to 5:00 am, as sometimes violent anti-racism protests roil communities nationwide. Saying that "we support peaceful protest," De Blasio tweeted he had made the decision in consultation with the state's governor Andrew Cuomo, following the lead of many large US cities that instituted curfews in a bid to clamp
  
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• Amazon gets futuristic with its new smart home devices, including a flying camera and household robot

  29-09-2021 00:05 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.
  Amazon's new product lineup includes a robot and extra-large Echo Show.
  Amazon
  Amazon revealed its latest collection of smart home products during a launch event on September 28.
  The lineup includes a new Echo Show, a household robot, a flying security camera, and more.
  Select items are available for preorder now, while others are being offered by invitation only.
  Table of Contents: Masthead StickyAmazon held a
  
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• Elon Musk suggests China's cryptocurrency crackdown is related to the Communist Party maintaining its grip on power

  29-09-2021 00:04 via feedproxy.google.com
  
  Elon Musk on stage during an earlier speech at the SXSW event.
  Amy E. Price/Contributor/Getty Images
  'It would appear they don't love crypto,' Musk tells Code Conference crowd.
  The Tesla CEO used to be a big fan of cryptocurrencies, although his ardor has waned lately.
  SpaceX co-founder also jokes about Blue Origin, the space company owned by Amazon's Jeff Bezos.
  See more stories on Insider's business page.
  Elon Musk suggested that China's recent crackdown on bitcoin and other cryptocurrencies
  
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• United Airlines says over 99% of non-exempt employees in its 67,000-strong US workforce are vaccinated against COVID-19

  29-09-2021 00:00 via feedproxy.google.com
  
  United Airlines
  United Airlines announced on Tuesday that over 99% of its US workforce has been vaccinated against COVID-19.
  Of the 67,000 US employees, 593 have refused to comply with the mandate and will begin the separation process.
  United said the policy has benefited recruiting, saying people are applying because of the vaccine requirement.
  See more stories on Insider's business page.
  United Airlines said on Tuesday almost all of its US employees have been fully vaccinated against COVID-19.
  
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