business news

The Fed is stuck in a trap of its own making

Wall Street thinks Federal Reserve Chairman Jerome Powell could move toward holding press conferences at every policy meeting.  Currently, the Fed chairman speaks only after four of the central bank’s eight meetings, which has led markets to rightly suspect no actions will be taken on non-press conference meetings. Because markets …

economy

Watch the first footage of the ‘Harry and Meghan’ movie and see the royal lookalikes

Jeff J Mitchell/Getty Images The Lifetime original movie about Prince Harry and Meghan Markle debuts on May 13. The first teaser trailer for the film has arrived.  Starring Parisa Fitz-Henley and Murray Fraser, the romantic tale seems dreamy. Though we aren’t sold on the stars being perfect lookalikes for the real royals. …

investments

Seven US personnel killed in Iraq helicopter crash: official

Seven US troops were killed when their helicopter crashed during a transport mission in western Iraq, a defense official told AFP Friday. The Sikorsky HH-60 Pave Hawk chopper was on a routine troop transport operation Thursday flying from Iraq to Syria when it went down, the official said. An accompanying …

business news

A little known cloud security company just raised $192 million in the first big tech IPO of 2018 (ZS)

Zscaler, an enterprise cloud security company, took its shares public on Friday. The company set its share price at $16, and shares shot up 75% to around $28 on the first day of trading. Zscaler is the first of the many tech IPOs expected to come in 2018. The first …

economy

POINT-OF-SALE TERMINALS: How evolving merchant demands are pushing POS terminal providers to up their game in an increasingly competitive environment

BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. The downfall of US brick-and-mortar commerce is overblown — despite sharp gains in e-commerce, which will nearly double between now and 2021, the lion’s share of …