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2025-11-13T21:00:40.581Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. TSA officers who displayed “exemplary service” during the 43-day shutdown will receive $10,000 bonuses. Homeland Security Secretary Kristi Noem announced the bonus, but did not specify how many would get checks. The shutdown caused widespread travel chaos, including flight delays and swaths of cancellations. Transportation Security Administration officers “who…
A group of Senate Democrats is urging the Treasury Department and the Internal Revenue Service to prevent steep tax hikes of up to $10,000 next year for student loan borrowers who receive discharges of their debt under the Income-Driven Repayment program.In a letter Sunday to Treasury Secretary and IRS acting commissioner Scott Bessent, Sen. Elizabeth Warren, D-Massachusetts, joined by other Democrats, urged Bessent to take administrative action before a tax break for student loan borrowers whose loans have been canceled expires at the end of the year.In 2021, Congress enacted a provision excluding student debt cancellation from taxable income so…
Major League Soccer is stepping onto a bigger stage next year, when all of its matches will find a new home on Apple TV.Beginning in the 2026 season, MLS games will be available on Apple’s flagship streaming platform, which currently includes Major League Baseball games as well as scripted series like “Severance.”The move marks a big shift for both the league and Apple’s media strategy, as the tech giant will end Season Pass — the separate subscription service for MLS games provided by Apple.Apple and MLS had inked a 10-year media rights deal in 2022 that saw Apple become the…
Amazon is making it harder to use its Fire TV streaming sticks to watch pirated content, the latest blow to sports fans looking to access illicit livestreams.Amazon is now blocking access to apps that have been identified as providing pirated content, including those downloaded outside the tech giant’s app store.”Piracy is illegal, and we’ve always worked to block it from our Appstore,” an Amazon spokesperson said in a statement. “This builds on our ongoing efforts to support creators and protect customers, as piracy can also expose users to malware, viruses, and fraud.”There are numerous videos and tutorials online that instruct…
October felt like summer for many quants — at first.Last month started with one of the worst four-day trading periods on record for computer-run hedge funds, according to a Goldman Sachs client note, which said the average quant fund lost 1.8% through October’s first week.For many quants, the painful start of October brought back memories of June and July, when systematic funds were slammed due to crowded trades, a momentum sell-off, and artificially inflated junk stocks.Indeed, in the first week of October, Renaissance Technologies — the legendary quant firm founded by the late billionaire Jim Simons — had given away…
2025-11-13T17:40:55.607Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The government shutdown is over, and federal workers are set to receive back pay soon. The White House laid out an agency-by-agency projection of when workers should start seeing checks. The administration says the first checks will arrive on Saturday and continue through November 19. Federal workers who went…
The hemp industry is bracing for layoffs, production reductions and billions in lost revenue after Congress passed a government funding bill late Wednesday containing a surprise provision that will ban nearly all hemp-derived consumer products.Hemp, a derivative of the cannabis plant, was legalized in the 2018 Farm Bill for industrial uses like rope, textiles and seed. But the law’s broad definition created a loophole in federal rules on THC — the psychoactive compound responsible for a high — experts said, allowing producers to extract psychoactive cannabinoids from federally legal hemp. Companies used that opening to flood the market with gummies,…
Chinese tax authorities ordered e-commerce giants including Amazon.com Inc. to hand over sales data for the first time, according to people familiar with the matter, in a rare move to crack down on tax evasion by merchants who use the online platforms for cross-border business.Tax bureaus across China in recent months told major platforms to submit some Chinese merchants’ third-quarter revenue in a bid to curb underreported sales, according to online sellers based across the country, who asked not to be named as the information is sensitive. Amazon started sharing data in mid-October, while China-origin competitors including Alibaba Group Holding Ltd.’s…
2025-11-13T17:36:38.879Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Building landmarks like the Statue of Liberty involved huge feats of engineering. It took 14 years for the Sydney Opera House to be completed. Antoni Gaudí’s Sagrada Família in Barcelona remains a work in progress. They might be instantly recognizable today, but these iconic structures were once just piles…
fstop123 | E+ | Getty ImagesForeclosure filings climbed again in October, after sitting at historic lows in recent years, according to new data released Thursday.While the numbers are still small, the persistent rise in foreclosures may be a sign of cracks in the housing market.There were 36,766 U.S. properties with some type of foreclosure filing in October — such as default notices, scheduled auctions or bank repossessions, according to Attom, a property data and analytics firm. That was 3% higher than September and a 19% jump from October 2024, and marked the eighth straight month of annual increases, Attom said.Foreclosure…