Business

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With U.S. unemployment at 4.1% and the economy at full capacity, the conventional wisdom is that this is the wrong time for Republicans to cut taxes by $1.4 trillion over the next decade. The fiscal stimulus will overheat the economy and force the Federal Reserve to slow it down by raising interest rates more aggressively.…
Donald Trump. Chip Somodevilla/Getty Images President Donald Trump on Tuesday implicitly endorsed Roy Moore, the Republican Senate nominee in Alabama who has been accused of sexual misconduct by multiple women. "We don't need" Moore's Democratic challenger, Doug Jones, to win the Senate seat, Trump said. Of the allegations against Moore, Trump said, "He totally denies…
U.S. Commerce Secretary Wilbur Ross, speaks at the Confederation of British Industry's annual conference in London, Britain, November 6, 2017. Reuters Wilbur Ross is quietly having a horrible week. On Monday, he was forced to admit that he's been lying about how rich he is. On Tuesday, he was revealed to have closer financial ties…
A recent video by 21-year-old YouTube star Liza Koshy had her in mustache and wig to play a favorite character, the heavily accented Jet Packinski. She deadpanned silly answers to questions like “Favorite type of flower?” (“Gluten free”) and “How would you describe yourself?” (“Using adjectives”). It was a parody of Vogue magazine’s 73 Questions…
Samantha Lee / Business Insider Watch, Facebook's three-month-old hub for original shows, has yet to produce a commercial hit. The Facebook-funded shows that have been renewed for second seasons all share the same trend of initial spikes in viewership followed by steep declines. Facebook is judging the success of shows largely based on the repeat viewers who…
It's all about the fiber, says Megyn Kelly. Jemal Countess/Getty Images In her 2016 autobiography, "Settle for More," the NBC host Megyn Kelly says she doesn't exercise and focuses instead on maintaining a high-fiber diet. Specifically, she says she adheres to the "F-Factor diet," designed by a dietitian named Tanya Zuckerbrot. There's science behind the…
A US Navy Greyhound landing on a carrier. U.S. Navy A pilot flying a US Navy C-2 Greyhound saved eight of 11 passengers and crew members on board by making a heroic landing at sea on Wednesday. The plane had no ejection seats or parachutes, so a landing on the water was the only option.…
Can NASA send astronauts into space as safely as it promised? The space agency is scrutinizing that question as both Boeing Co. and Elon Musk’s SpaceX work on new spacecraft that NASA would begin using as early as next year to fly astronauts to the international space station. But these commercial efforts face formidable obstacles…
Sarah Jacobs/Business Insider The Trump Organization is cutting ties with Trump SoHo.  The upscale hotel has struggled to fill rooms and bring in guests following the election. A restaurant in the hotel closed earlier this year after "the Kardashians stopped coming" post-election.    Trump SoHo — the Trump Organization-run, five-star Downtown Manhattan hotel — will…
A significant number of fake comments appear among thousands criticizing a proposed federal rule meant to prevent conflicts of interest in retirement advice, according to a Wall Street Journal analysis. At issue is the Labor Department’s “fiduciary rule,” which would require investment advisers handling retirement accounts to act in the best interest of clients. Written…