Sales & Marketing news

• Insider talked to 34 lawmakers, journalists, Capitol workers, Trump officials, and others who lived through the insurrection. Here's what we learned.

  26-10-2021 23:58 via feedproxy.google.com
  
  Donald Trump speaks at a rally at The Ellipse before egging supporters to head to the Capitol where they later violently breached security to try to stop the electoral vote certification.
  Samuel Corum/Getty Images
  Congress and others are still recovering from the January 6 attack on the Capitol.
  Many lawmakers and staffers had to make split-second decisions as the siege unfolded.
  Insider interviewed 34 people who lived through that day for an exclusive oral history.Rep. Andy Kim, a New Jersey D
  
  Read more

• Target's fall clothing is embracing cottagecore, and shoppers are polarized over the designs online

  26-10-2021 23:29 via feedproxy.google.com
  
  A woman shops in the clothing department of a Target store.
  Joe Raedle/Getty Images
  The cottagecore aesthetic gained popularity during the pandemic as it evokes a carefree, pastoral lifestyle.
  Now, Target appears to be embracing some cottagecore looks in its clothing section this fall.
  Some social media users are roasting the styles as looking like "Little House on the Prairie" costumes.
  Last year, the cottagecore aesthetic boomed on social media, starting with Tumblr and Instagram. The chaos o
  
  Read more

• Fox News' Neil Cavuto shares death threat he received after encouraging people to get vaccinated

  26-10-2021 23:28 via feedproxy.google.com
  
  Fox News host Neil Cavuto.
  Steven Ferdman/Getty Images
  Earlier this month, Cavuto revealed he had tested positive for COVID-19.
  The Fox News host, who has preexisting conditions, credited the vaccine with saving his life.
  Fox News requires employees to be vaccinated or undergo regular testing.
  Fox News anchor Neil Cavuto received hate mail - and a seeming death threat - after urging his viewers to get vaccinated against COVID-19.In a Tuesday afternoon segment on his show, "Your World," Cavuto d
  
  Read more

• WATCH: Sen. Kyrsten Sinema ignores a woman asking about her opposition to Biden's social spending bill: 'Your constituents are suffering'

  26-10-2021 23:27 via feedproxy.google.com
  
  Sen. Kyrsten Sinema, D-Ariz., arrives for a Senate Homeland Security and Governmental Affairs Committee markup in Dirksen Building on Wednesday, October 6, 2021.
  Tom Williams/CQ-Roll Call, Inc via Getty Images
  Sen. Kyrsten Sinema ignored a woman at the airport asking her questions about Biden's Build Back Better plan.
  "Sorry about this," Sinema told GOP. Sen. Tim Scott, who was walking beside her at the airport.
  Sinema is a key Democratic vote to pass Biden's massive spending bill.A video poste
  
  Read more

• Advertisement

• The 2021 World Series starts October 26 - here's how to watch the Astros and Braves compete for the MLB championship

  26-10-2021 23:25 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.
  Atlanta Braves pitcher A.J. Minter on the mound against the Los Angeles Dodgers in the 2021 NLCS.
  Michael Zarrilli/Getty Images
  The 2021 World Series features the Houston Astros and Atlanta Braves.
  Fox will air every game from October 26 to November 3.
  To stream Fox without cable you need a live TV streaming service like Sling TV, Fubo TV, or YouTube TV.
  Table of Contents: Masthead StickyTV (small)The Houston A
  
  Read more

• 16 limited-edition advent calendars to buy for beauty fans, wine lovers, and chocolate aficionados in 2021

  26-10-2021 23:18 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.Jenny McGrath/Insider
  Advent calendars help you count down to your favorite holiday.
  You can find elaborate options stocked with wine, chocolate, and beauty products.Most calendars have goodies for 12 or 24 days.
  For children, the march toward the holiday season can seem unending. Children's advent calendars can inject a little anticipation into every morning as they count down the days. Plenty of companies want
  
  Read more

• 64 gifts under $50 for everyone on your list this holiday season

  26-10-2021 23:16 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.Hollis Johnson/Crystal Cox/Alyssa Powell/Business Insider
  You don't need to spend a fortune to find a thoughtful gift they'll love.We found 64 of the best gifts under $50 to suit the interests and tastes of everyone on your list.
  Still looking for a gift? Check out our list of the All-Time Best products we've ever tested.
  With best friends' birthdays, anniversaries with your significant other, celebratory moment
  
  Read more

• 61 gifts under $25 that anyone will love - from a bluetooth speaker that doubles as a planter to a milk frother

  26-10-2021 23:13 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.West Elm
  You can get a great gift and still stick to your budget.We rounded up 64 gifts under $25, from a mini waffle iron to a set of travel-friendly lipsticks.
  Still looking for a gift? Check out our list of the All-Time Best products we've ever tested.
  Table of Contents: Masthead StickyThe elements of a good present - being thoughtful, useful, or novel - aren't restricted to a big budget. But the best gifts u
  
  Read more

• Advertisement

• Support for defunding the police collapsed in 2021, with steep drops among Black adults and Democrats, new poll shows

  26-10-2021 22:53 via feedproxy.google.com
  
  A Defund and Abolish the Police protest outside Toronto police headquarters, July 16, 2020.
  Richard Lautens/Toronto Star via Getty Images
  Public opinion on defunding the police took a major turn in 2021 compared to 2020.
  New year-to-year polling from Pew Research shows sharp drops among Democrats and Black adults.
  People age 18 to 49 are also less in favor of decreasing police funding compared to a year ago.
  After a strong onset of support among some groups, public opinion around defunding the
  
  Read more

• Mitch McConnell rips the Biden child tax credit as a 'monthly welfare deposit'

  26-10-2021 22:53 via feedproxy.google.com
  
  Senate Minority Leader Mitch McConnell.
  Bill Clark/CQ-Roll Call, Inc via Getty Images
  McConnell derided the Biden child tax credit as a new form of welfare assistance.
  Most families earning below $150,000 qualify for up to $300 monthly checks, depending on the kid's age.
  Early research indicates the credit has helped cut poverty rates without discouraging work.
  Senate Minority Leader Mitch McConnell assailed the expanded child tax credit payments on Tuesday, deriding the Democratic measure as w
  
  Read more

• Sam Bankman-Fried's FTX buys a Super Bowl ad as the crypto exchange amplifies its presence in sports

  26-10-2021 22:32 via feedproxy.google.com
  Katy Perry performs during the Super Bowl XLIX halftime show.
  Chris Coduto/Icon Sportswire/Corbis/Icon Sportswire via Getty Images
  Sam Bankman-Fried's FTX has purchased as an ad for the Super Bowl in February 2022.
  The championship game typically attracts millions of viewers, with the 2021 edition pulling in 91 million."There is no bigger, more mainstream event to share a message like that than the Super Bowl," he said.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  S
  
  Read more

• Shiba inu coin soars 22% to another record after crypto whale buys 277 billion tokens

  26-10-2021 22:23 via feedproxy.google.com
  Nathan Frandino/Reuters/File Photo
  Shiba inu coin surged over 20% to a record high of $0.00004853 Tuesday, CoinMarketCap data showed.
  The move came after an anonymous crypto whale purchased 276.6 billion SHIB tokens Monday evening.
  Shiba inu coin is now the 11th largest cryptocurrency, with a market value of $18.8 billion.
  Shiba inu coin, a meme-based cryptocurrency that is based off another meme-based cryptocurrency that makes fun of cryptocurrencies altogether, soared more than 20% on Tuesday
  
  Read more

• Trump's White House ignored advice on COVID-19 that could've saved over 130,000 lives, Birx said

  26-10-2021 22:20 via feedproxy.google.com
  
  Then-President Donald Trump speaks with Dr. Deborah Birx, Dr. Robert Redfield, and members of the White House coronavirus task force during a COVID-19 briefing on April 22, 2020.
  Photo by Jabin Botsford/The Washington Post via Getty Images
  Trump's COVID-19 response led to many preventable deaths, Deborah Birx told House lawmakers.Over 130,000 lives could've been saved if Trump's White House followed the science, she said.Birx also testified that the 2020 election distracted Trump from the pande
  
  Read more

• The FDA's expert panel just gave a thumbs-up for Pfizer's COVID-19 vaccine in younger children, clearing the path for authorization in a matter of days

  26-10-2021 22:20 via feedproxy.google.com
  
  Students, some wearing protective masks, arrive for the first day of school at Sessums Elementary School in Riverview, Florida.
  AP Photo/Chris O'Meara, File
  An FDA panel voted Tuesday in support of using Pfizer's COVID-19 vaccine in younger kids.Five- to 11-year-old children could get the shot in early November, if the FDA and CDC sign off.Pfizer is applying to use a lower-strength dose in this younger age group.
  A coronavirus vaccine for elementary school-aged children is closer than ever to r
  
  Read more

• US stocks close at record highs as investors ride wave of strong corporate earnings

  26-10-2021 22:18 via feedproxy.google.com
  Drew Angerer/Getty Images
  S&P 500 and the Dow industrials notch another record high on Tuesday.UPS shares jumped following quarterly results.Alphabet and Microsoft earnings were on deck for late Tuesday.
  US stocks closed at record highs on Tuesday, buoyed by a continued run of corporate earnings growth and economic data that pointed to a willingness by consumers to keep spending and drive the economy higher. The S&P 500 index and the Dow Jones Industrial Average landed new record highs,
  
  Read more

• Elon Musk just made $37 billion in a single day. Here's how much he could owe under the Democrats' new billionaires' tax proposal.

  26-10-2021 22:15 via feedproxy.google.com
  
  Tesla CEO Elon Musk.
  Brendan McDermid/Reuters
  Elon Musk's vast fortune increased by $37 billion on Monday alone after Tesla's stock price surged nearly 13%.
  Senate Democrats are drafting a plan to tax exactly that kind of wealth gains for billionaires.
  Musk ripped the plan on Twitter the night of his one-day wealth surge: "Eventually, they run out of other people's money and then they come for you."
  Elon Musk's vast personal fortune got $37 billion bigger on Monday, a one-day increase bigger th
  
  Read more

• Women exposed to cleaning products at work are more likely to give birth to kids with asthma - even if the exposure was long before conceiving

  26-10-2021 22:14 via feedproxy.google.com
  
  A mother helps her son use an inhaler.
  Roberto Jimenez Mejias/Getty Images
  Kids whose mothers were exposed to cleaning products at work were more likely to develop asthma than other kids, a study found.
  That was true even for mothers exposed to the products up to 2 years before giving birth.That means cleaning products could impact the health of future generations before they're conceived.
  A mother's exposure to cleaning products at work could hurt the health of her future child - even if the e
  
  Read more

• How to update your Mac to the new macOS Monterey and get the latest features and bug fixes

  26-10-2021 22:10 via feedproxy.google.com
  
  There are a few ways to update your Mac.
  Apple
  To update your Mac, open the System Preferences app or the "About This Mac" menu.
  If your Mac is still running macOS High Sierra or earlier, you'll need to go through the App Store to update it.
  You should update your Mac whenever you can, as every update comes with new features and security patches.
  Visit Insider's Tech Reference library for more stories.
  In many ways, Macs are built for convenience: They have backlit keyboards, there's a variety
  
  Read more

• Here's how the short-seller betting against the SPAC taking Trump's media firm public sees the former president's gambit playing out

  26-10-2021 22:07 via feedproxy.google.com
  Former President Donald Trump.
  REUTERS/Mike CasseseShort-seller Iceberg Research said Donald Trump's social site could compete with the likes of Twitter.
  But Truth Social would "need a lot of traffic" to absorb the high fixed costs.
  Iceberg Research said it won't maintain its short position very long as Trump is likely to "very aggressively" promote the site.
  A short-seller betting against the SPAC merging with Donald Trump's company said the former US president's social media site might work.
  
  Read more

• The 5 best blood pressure monitors of 2021

  26-10-2021 21:57 via feedproxy.google.com
  
  Getty ImagesTable of Contents: Masthead Sticky
  At-home blood pressure monitors help people with high blood pressure track trends in their hypertension.Our top pick, Omron Platinum Blood Pressure Monitor, saves up to 100 readings and supports multiple users.
  This article was medically reviewed by Dr. Velimir Petkov, DPM, a podiatrist, and board-certified wound specialist physician.
  Although high blood pressure is common, it's also very serious and can be dangerous, or even deadly, if left untreat
  
  Read more

• How to get HBO Max on an Amazon Firestick to watch shows like 'The Sopranos' or 'Insecure'

  26-10-2021 21:55 via feedproxy.google.com
  
  HBO Max is available on every major streaming device, including Amazon Fire TV.
  Presley Ann/Stringer/Getty Images
  You can get HBO Max on an Amazon Firestick by searching for the app and downloading it.
  Once you download HBO Max onto your Firestick, you need to log into your account.
  HBO Max is available on all Amazon Fire TV devices, not just the Firestick.
  Visit Insider's Tech Reference library for more stories.
  HBO's streaming service HBO Max has tons of hit series people love, like "Friends,
  
  Read more

• Tesla's massive bull run has made Elon Musk worth more than one of the oil titans his car company is disrupting

  26-10-2021 21:45 via feedproxy.google.com
  Tesla CEO Elon Musk in Germany.
  Patrick Pleul/Pool via ReutersTesla stock's 21% surge over the past week has catapulted Elon Musk's net worth ahead of Exxon Mobil's market value.Musk's net worth of about $285 billion is just ahead of Exxon Mobil's $272 billion valuation on Tuesday.Musk set out to disrupt the oil industry when he joined Tesla as an investor and chairman in 2004. Elon Musk's vision of disrupting the oil industry is beginning to accelerate following years of electric vehicle adopt
  
  Read more

• Florida school reverses 30-day stay-at-home order for vaccinated kids - a policy based on false claims about the COVID-19 shot

  26-10-2021 21:45 via feedproxy.google.com
  
  Centner Academy private school is located in Miami's Design District.
  Chandan Khanna/AFP via Getty Images
  A Florida private school that drew controversy after saying vaccinated students must stay home for 30 days after each dose has reversed its stance.
  The policy was based on a myth that's been debunked.
  The Florida Department of Education threatened to withdraw funding, and the school backed down.
  A Miami private school that's been called a "beacon" for anti-vaxxers is reversing its controver
  
  Read more

• Free community college is on the chopping block, but this Michigan Democrat has a message: 'We're going to fight right up to the closing whistle' to get it in the package

  26-10-2021 21:43 via feedproxy.google.com
  
  Michigan Rep. Andy Levin.
  Samuel Corum/Getty Images
  Biden suggested free community college will be cut from Democrats' social-spending bill.
  But Michigan Rep. Andy Levin told Insider he will fight until the end to keep the measure in.
  Levin stressed the importance of free education to tackle student debt and stimulate the economy.
  Last week, President Joe Biden said during a CNN town hall it's unlikely Democrats will be able to get tuition-free community college in the social-spending bill they
  
  Read more

• Tom Brady gave 1 bitcoin to a fan for returning the football he threw for his 600th touchdown

  26-10-2021 21:33 via feedproxy.google.com
  Tom Brady.
  AP Photo/Justin Rex
  Legendary quarterback Tom Brady gave a fan 1 bitcoin for returning a landmark football to him.The fan was handed the 600th touchdown football by wide receiver Mike Evans.Bitcoin was trading above $60,000 this week. Brady could sell the ball for up to $900,000.Tom Brady recently made history by throwing a record 600th NFL touchdown, and tossed one bitcoin to a Tampa Bay Buccaneers fan as a reward for returning the historic ball to him. Brady - a current pitchman fo
  
  Read more

• US banking regulators are developing clearer guidelines for banks that deal with cryptocurrencies, report says

  26-10-2021 21:32 via feedproxy.google.com
  Bitcoin.
  Nicolas Economou/NurPhoto via Getty Images
  US banking regulators are developing clearer guidelines for banks that deal with cryptocurrencies.
  Jelena McWilliams, who chairs the FDIC, told Reuters that a roadmap is being developed for financial institutions.
  "If we don't bring this activity inside the banks, it is going to develop outside of the banks," she said.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  US banking regulators are developing clearer guideli
  
  Read more

• The Washington DC resident who found a pipe bomb on January 6 initially thought it was something to recycle

  26-10-2021 21:20 via feedproxy.google.com
  
  A Capitol Police officer watches as Trump supporters gather outside the US Capitol on the morning of January 6, 2021.
  Photo by Cheriss May/Getty Images
  A Capitol Hill resident found the pipe bomb on January 6 near the Republican National Committee.
  At first, Karlin Younger thought it was a recyclable object - until she saw the caps and timer.
  Younger told her story to Insider as part of its massive Insurrection Day oral history project.Karlin Younger's wine-stained sweater was still wet when sh
  
  Read more

• Furniture shipments are still delayed due to a foam shortage that's slowly improving - as long as car production doesn't ramp back up

  26-10-2021 21:13 via feedproxy.google.com
  
  JEAN-FRANCOIS MONIER/AFP via Getty Images
  Furniture shipments are still delayed due to a shortage of foam used in mattresses and couches.
  The Texas freeze impacted foam manufacturing, and consumer demand for furniture remains high.
  Production is now at normal levels, but furniture-makers could face competition from automakers.
  Foam shortages are continuing to hamper the furniture industry, leading to delays that likely won't be resolved until next year. Consumer demand for products that include
  
  Read more

• Understanding bond yields is key to assessing the risks and potential rewards of fixed-income assets

  26-10-2021 20:53 via feedproxy.google.com
  
  Bond yields are an important tool in making investment decisions.
  TheGoodBrigade/Getty
  A bond yield is the return you get for a bond over a specific time period.
  There are several types of bond yields. These can be used to evaluate a bond's risk and value.
  Bond yields are inversely correlated to bond prices. When prices rise, yields fall, and vice versa.
  Visit Insider's Investing Reference library for more stories.
  A bond yield is a numerical representation of the expected returns a specific bo
  
  Read more

• Amazon's Epic Daily Deals lets you save on Echo Frames smart glasses and Insignia and Toshiba Fire TV sets

  26-10-2021 20:33 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.Amazon
  Amazon's Epic Daily Deals have had plenty of deep discounts ahead of the Black Friday 2021 rush.
  Today, select Amazon devices are on sale, including smart TVs and Amazon's Echo Frames smart glasses.
  The discounts we're seeing in this installment of Amazon Epic Daily Deals are some of the best of the year.
  Amazon's Epic Daily Deals have shown off some of the deepest discounts on tech products this year ahe
  
  Read more

• 3 signs the US economy roared in October and started to leave the Delta wave behind

  26-10-2021 20:31 via feedproxy.google.com
  
  Patrons leave as others wait for a table at Tiki Bar on Manhattan's Upper West Side, Monday, May 17, 2021, in New York.
  Kathy Willens/AP Photo
  Several signs suggest the US recovery is accelerating again as the Delta wave fades, UBS economists said.
  Americans' spending is rebounding, factories are solving backlogs, and businesses are hiring faster.
  The recovery through October is "far outpacing" the progress seen in September, UBS said.
  Temperatures are dropping across the US, but in one crucial
  
  Read more

• Democrats are set to unveil a new billionaire's tax and some of the wealthiest Americans are glad. Here are some of the ultrawealthy who want higher taxes.

  26-10-2021 20:30 via feedproxy.google.com
  
  'Shark Tank' star Mark Cuban
  Christopher Willard/ABC via Getty Images
  To pay for Biden's social spending agenda, Democrats are considering a new tax targeting billionaires.
  Billionaires including Mark Cuban, Marc Benioff, Ray Dalio, and George Soros have publicly called for higher taxes on the wealthy.
  A wealth taxwould make ultrawealthy Americans pay the government a small percentage of their net worth each year.
  In 2020, Bill Gates' New Year's resolution was to get the federal government to r
  
  Read more

• A program where Amazon drivers can compete to win prizes like TVs and motorcycles reportedly has a 15,000-person waitlist in India

  26-10-2021 20:24 via feedproxy.google.com
  
  Amazon is recruiting people with their own vehicles to deliver packages for the company's Flex program.
  MONEY SHARMA/Getty Images
  In India, Amazon's part-time Flex program gamifies delivery driving, Rest of World reports.
  Amazon drivers compete to win prizes, like phones, motorcycles, and gift cards.The program incentivizes drivers to work during holidays and reportedly has a 15,000 person waitlist.
  Amazon is luring drivers into its part-time Flex program in India with the promise of phones, mo
  
  Read more

• The UN skewers world leaders' handling of the climate crisis, saying countries are 'utterly failing' and 'way off track'

  26-10-2021 20:20 via feedproxy.google.com
  
  Climate change protesters disrupt candidate Joe Biden during a campaign event on October 9, 2019 in Manchester, New Hampshire.
  Scott Eisen/Getty ImagesThe United Nations chief said countries are "utterly failing" to meet climate goals.
  A UN report found the world is "way off track" to reduce global temperatures to 1.5 degrees Celsius by the end of the century.
  This comes ahead of UN's climate summit next week, with pressure on Biden to meet US' climate goals.
  United Nations Chief António
  
  Read more

• 45 unique and practical gifts for Dad under $50, from a durable fishing rod to a 4K streaming stick

  26-10-2021 20:10 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.w&p
  We have gifts under $50 for every sort of dad, from the hot sauce fan to the history buff.
  If your budget changes, check out our guide to the best gifts that all cost less than $25.
  Still looking for a gift? Take a look at our list of the All-Time Best products we've tested for inspiration.
  Shopping for Dad doesn't have to be the cliche-ridden experience of deciding between gifting them an economy-size p
  
  Read more

• A record-breaking number of Manhattan 'trophy properties' sold last week - see inside the $49.5 million 'paparazzi-proof' penthouse that topped the charts

  26-10-2021 20:08 via feedproxy.google.com
  
  443 Greenwich Street in Tribeca, Manhattan
  Compass
  Sixteen Manhattan homes sold for over $10 million last week, according to an Olshan Realty report.It was NYC's best week for luxury real estate since 2013 - this $49.5 million home topped the charts.See inside the "paparazzi proof" apartments, once home to Bella Hadid, The Weeknd, and more.The penthouse is the largest residence at 443 Greenwich Street in Tribeca, with 12,000 interior and exterior square footage spread across the building's top
  
  Read more

• 33 unique gift ideas from 'Shark Tank' that you can get on Amazon

  26-10-2021 20:07 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.
  This Rapid Ramen Cooker is just one of many "Shark Tank" products that make great gifts.
  Amazon
  If you gift a product from the show "Shark Tank," then you know it'll be both creative and practical.
  Games, kitchen tools, and food are thoughtful gifts to give the "Shark Tank" fan in your life.
  Most of these items are available with Prime two-day shipping, so they will likely arrive quickly.
  Whether you tune in fo
  
  Read more

• The CEO of Jay-Z's cannabis company on building an 'Amazon-esque' brand in the cannabis industry with a focus on inclusion and social equity

  26-10-2021 20:00 via feedproxy.google.com
  
  Troy Datcher, CEO of The Parent Company.
  The Parent Company
  Insider spoke to Troy Datcher, the CEO of The Parent Company, about his new role in leading Jay-Z's holding company in the cannabis space.
  Datcher discussed the job in relation to his recent tenure as an executive at Clorox and gave his perspective on working with Jay-Z to build an "Amazon-esque" CPG brand with a focus on inclusion and social equity.
  In August, The Parent Company, Shawn "Jay-Z" Carter's holding company in the cannabis
  
  Read more

• Sen. Joe Manchin says he's approached 'every day' about becoming a Republican: 'I don't know where in the hell I belong'

  26-10-2021 19:54 via feedproxy.google.com
  
  Democratic Sen. Joe Manchin of West Virginia speaks during a bill signing ceremony at the White House with former President Donald Trump on Thursday, Feb. 16, 2017.
  AP Photo/Carolyn Kaster
  Sen. Joe Manchin said he's approached "every day" about becoming a Republican.
  He said joining the GOP might be "easier" but "I don't know where in the hell I belong."
  Last week, Manchin dismissed reports that he's planning to leave the Democratic Party.
  Democratic Sen. Joe Manchin of West Virginia said on Tu
  
  Read more

• The SPAC targeting Trump's media firm falls for a 2nd day as retail interest wanes and traders shift focus to Bakkt and Tesla

  26-10-2021 19:42 via feedproxy.google.com
  The WallStreetBets page seen with Reddit logo. Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
  Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
  Retail trader interest in Trump's new media company slipped Tuesday.The retail crowd turned their attention to crypto exchange Bakkt Holdings and Tesla.
  Tesla hit a $1 trillion market cap, and Bakkt scored a deal with Mastercard and Fiserv.
  Digital World Acquisition Corp. sltock slumped for a
  
  Read more

• Facebook's metaverse project will help drive as much as 22% upside in the stock, Bank of America says

  26-10-2021 19:42 via feedproxy.google.com
  Facebook CEO Mark Zuckerberg.
  Glenn Chapmann/AFP via Getty Images
  Facebook stock holds 22% upside potential to $400, said Bank of America in a research note Tuesday.The company's investment in its metaverse project should contribute to long-term growth, the bank said.Messenger and other under-monetized assets are also potential revenue drivers.Facebook's investment in building vast interconnected virtual spaces should contribute to driving the company's long-term growth and its stock price up b
  
  Read more

• China is fixated on a mysterious US submarine incident in the South China Sea and keeps accusing the US of a cover-up

  26-10-2021 19:41 via feedproxy.google.com
  
  US Navy Seawolf-class attack submarine USS Connecticut.
  US Navy
  Chinese officials keep accusing the US of trying to cover up an incident involving a US submarine.
  The Pentagon has denied the allegations, pointing to its public statements as evidence of transparency.
  The incident happened in the South China Sea, where China and the US are often at odds.
  Beijing keeps demanding answers about a mysterious US submarine incident that happened in the South China Sea earlier this month, accusing the U
  
  Read more

• Former Fed Chair Alan Greenspan warns high inflation isn't going away soon as 'other forces at play'

  26-10-2021 19:08 via feedproxy.google.com
  Former Federal Reserve chief Alan Greenspan.
  Steven Ferdman/Getty Images
  Underlying pressures are likely to keep inflation higher for longer, according to former Fed Chair Alan Greenspan.
  While the rising demand for goods and services has caused prices to spike, it should subside over time, he said.
  Instead, what will lead to a more inflationary environment is monetizing government debt and its effect on the money supply, he said.
  Inflation looks likely to remain higher for longer due to underl
  
  Read more

• WARC Awards for Asian Strategy 2021: winners announced

  26-10-2021 01:06
  
  Campaigns for global and local brands including Bosch, Cadbury, Dove, Guanghe, SK-II and Pizza Hut are among the 14 winners of this year’s
  
  Read more

Follow @sales_mrktinguk on Twitter!