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Showing posts from June, 2022

California’s $350 stimulus checks are a make-or-break bet for fighting inflation

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Alex Reyes, 28, began filling his work truck and stopped when he noticed the prices on the large marquee as drivers select from various fuels priced near of above over $6 dollars at a Shell gas station located at South Fairfax, West Olympic and San Vicente Blvd in Los Angeles Al Seib/Los Angeles Times/Getty Images California Democrats approved an aid package that includes $350 stimulus checks for residents. The payments aim to offset the burden of soaring costs, yet they could boost inflation higher. Stimulus tends to fuel increased spending, and high demand has played a big role in the current inflation. California Gov. Gavin Newsom touted his state's new round of stimulus checks as a " middle class tax rebate " meant to "help you fill your gas tank and put food on the table." The payments could end up worsening the inflation that lifted prices in the first place. Newsom and Democratic state legislators approved a $17 billion economic aid package on

Binance taps TikTok’s mostly silent superstar Khaby Lame to explain how crypto works

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Khaby Lame is quite literally on top of the world (if TikTok follower counts are the world). After attending his first VidCon and surpassing Charli D’Amelio as the most followed TikToker, the Italian-Senegalese comedian signed on as an ambassador for Binance , the world’s largest platform for buying and selling cryptocurrencies. Just last week, Binance snagged a partnership with soccer star Cristiano Ronaldo, who wants to “ change the NFT game .” These high-profile partnerships come at a troubling time for crypto. In May, the popular cryptocurrency TerraUSD collapsed , meaning that anyone who had invested in the coin lost all of the money they put in . Then, in the face of a macroeconomic downturn, crypto companies like Coinbase, Crypto.com, BlockFi and Gemini have conducted layoffs, and the prices of top cryptocurrencies have dropped as much as 35% week over week. Basically, anyone who has invested in cryptocurrency is feeling a bit nervous right now, unless they’re so bullish that

A former nurse at embattled telehealth startup Cerebral said that in her experience, nurse practitioners were handing out antipsychotic medicines like 'candy'

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A box of medications Cerebral medical providers can prescribe. Cerebral SoftBank-backed telehealth startup Cerebral is under federal scrutiny for its prescribing practices. 30 interviews and over 2,000 documents suggest the company put growth ahead of patient safety. A Cerebral spokesperson said the reports represented a small fraction of patients and that the former nurse's comment is baseless. An online mental health startup that launched just ahead of the pandemic appears to have cast aside clinical psychiatry standards in the pursuit of growth, an investigation by Insider's Shelby Livingston and Blake Dodge has found . Cerebral, the SoftBank-backed telehealth company that raised $462 million in funding, is currently under investigation by federal agencies including the Department of Justice , the Drug Enforcement Administration , and the Federal Trade Commission . Now, a trove of internal documents including more than 2,000 incident reports and interviews with m

The best computer mice in 2022

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When you buy through our links, Insider may earn an affiliate commission. Learn more. Logitech/SteelSeries The best computer mouse does more than point and click: it offers accurate, quick cursor movement without creating wrist strain. Logitech, Razer and SteelSeries produce some of the most recommended mice, so how do you choose? "The number one thing to consider when buying any computer hardware is 'What will you be using the device for?'" says Tom Gilmore, the technology education coordinator at Free Geek , a nonprofit that refurbishes computer hardware. "This single question dictates exactly what you need and can help guide you to either cheaper or more premium options, and help you to narrow down the vast number of options to just a few." As writers and photographers, we know how important a good mouse can be — this writer once gave herself a wrist injury by editing photos for four hours straight on a trackpad. After consulting Gilmore and certi

How to watch the House January 6 committee hearings on the Capitol attack

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Rep. Adam Schiff (D-CA) and Rep. Liz Cheney (R-WY) during a break in a hearing of the Select Committee to Investigate the January 6th Attack on the U.S. Capitol in the Cannon House Office Building on June 9, 2022 in Washington, DC. Photo by Drew Angerer/Getty Images The House Select Committee investigating the January 6 attack is holding public hearings.  The panel has held five hearings in June and will hold at least one more on Tuesday.  Here's how to watch the hearings.  The House Select Committee Investigating the January 6 Insurrection at the US Capitol is bringing to light its findings from a year's worth of work with a series of public hearings this summer.  The select committee, formed in May 2021, has nine members, seven Democrats, including Chairman Rep. Bennie Thompson, and two Republicans, Reps. Liz Cheney and Adam Kinzinger.  Its members and staff have spent the past year conducting hundreds of closed-door interviews, poring over hundreds of thousands o

Justice Ketanji Brown Jackson could push corporate America into a new age of diversity

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A new day could be dawning for leadership in America with Justice Ketanji Brown Jackson taking her post. Kevin Lamarque-Pool/Getty Images Ketanji Brown Jackson was sworn into the Supreme Court on Thursday. Jackson is the first Black woman to serve on the Supreme Court in US history. Corporate diversity consultants said it could prompt CEOs to make similar moves. It's no secret that prestigious and powerful roles like a  Supreme Court justice or a Fortune 500 CEO have historically been occupied by white men. There are few exceptions who've defied the odds and ascended to the highest court — or corner offices — in the land. Former justices Thurgood Marshall and Sandra Day O'Connor broke barriers, as did current justice Sonia Sotomayor. There are high-profile CEOs like Jane Fraser, head of Citi, and Marvin Ellison, who is Black, and runs the hardware chain Lowe's. Thasunda Brown Duckett, a Black woman, heads TIAA, the insurance and investment company. Each of t

How to check if your iPhone is unlocked so you can change your wireless carrier

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Hollis Johnson You can check to see if your iPhone is unlocked in Settings or by checking the IMEI and serial number online.  You can also test your phone by swapping SIM cards with another phone that has a plan with a different carrier.  If your iPhone is unlocked, you can switch wireless carriers and use a different carrier's SIM card in it. In the early days of smartphones, pretty much the only way to get one was by purchasing it through a wireless carrier or in conjunction with a wireless plan from a specific carrier. Generally, your iPhone would be "locked" to that carrier for your initial wireless contract — and often for the life of the phone, with no way to change wireless service providers.  In recent years, it has become simple and routine to purchase an iPhone unlocked — or to unlock it after purchase, which lets you use the phone with almost any wireless provider. Here's how to check to see if your iPhone is, in fact, unlocked.   How to check i

Here's how much the graduates of top business schools made across industries, including signing bonuses

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REUTERS / Adam Hunger An MBA is an investment, but students at top schools can graduate making six-figure salaries. Consulting, finance, and technology were all popular industries for the class of 2021. Here are the latest salaries — including signing bonuses — of six top business schools. Business school is an exciting prospect for ambitious professionals or aspiring entrepreneurs looking to level up their careers — and salaries. For the class of 2021, students from the top business schools in the world graduated making solid six-figure salaries. Financial services, consulting, investment banking, and technology were top industries for business-school grads. In a competitive year for top talent , many students also received lucrative signing bonuses. After a surge at the start of the pandemic, applications held steady or decreased at top business schools for 2021, according to The Wall Street Journal . For example, Northwestern University's Kellogg School of Management