The typical first-time homebuyer is someone in their mid-30s who buys a property roughly 50 miles away from their previous home, according to a report from the National Association of Realtors. The report, released this week, suggests that buying a first home comes a bit later in life for many …
Read More »Report: Elon Musk wants to charge $20 a month for Twitter verified status
Now that he’s at the helm of Twitter, Elon Musk wants to charge users to retain the coveted “blue check” denoting verified status, according to a report in the technology publication The Verge. The Verge said that Musk plans to charge $20 a month for Twitter Blue, a service that …
Read More »Taming inflation could drive unemployment up to 6%, Wall Street bank says
Taming inflation could lead to much higher U.S. unemployment than what the Federal Reserve is expecting, Deutsche Bank analysts said on Monday. The Fed’s battle against inflation is already proving painful for many Americans, who are grappling with a jump in borrowing costs due to the Federal Reserve’s ongoing rate …
Read More »11 more people killed in crashes involving automated
Eleven people were killed in U.S. crashes involving vehicles that were using automated driving systems during a four-month period earlier this year, according to newly released government data, part of an alarming pattern of incidents linked to the technology. Ten of the deaths involved vehicles made by Tesla, though it …
Read More »Workers at Oklahoma City Apple store vote to unionize
Workers at an Apple store in Oklahoma City voted to unionize, marking the second unionized Apple store in the U.S. in a matter of months, according to the federal labor board. The vote on Friday signaled another win for the labor movement, which has been gaining momentum since the pandemic. …
Read More »Hackers access $570 million in crypto with attack on Binance
Unknown hackers gained access to $570 million worth of cryptocurrency from Binance, the world’s largest cryptocurrency exchange, this week, but company officials have minimized the losses to under $100 million, its CEO said Friday. “The issue is contained now. Your funds are safe. We apologize for the inconvenience and will …
Read More »Apple executive leaving company after off
A long-time Apple executive is exiting the technology company after making a tawdry joke about fondling “big-breasted women” for a living in a video that went viral on TikTok, according to Bloomberg News. Tony Blevins, Apple’s vice president of procurement, is shown in a 25-second clip getting out of his Mercedes-Benz …
Read More »This is how the Fed’s latest interest
The Federal Reserve on Wednesday said it is once again turning to its most powerful weapon to tamp down the hottest inflation in 40 years: Boosting interest rates. The central bank raised its benchmark interest rate by 0.75 percentage point, marking the fifth hike this year and the third consecutive …
Read More »Peloton says co
Peloton, the beleaguered fitness company, on Monday said co-founders John Foley and Hisao Kushi are stepping down from the company. The executive departures come one month after Peloton said it was cutting almost 800 jobs and closing stores as it sought to trim costs and improve its financial situation. In …
Read More »Uppababy strollers recalled for risk of finger amputation
Uppababy is recalling thousands of its baby strollers after a report that a rear brake sliced off a child’s fingertip. The Ridge jogging strollers were sold online at Amazon and in-store at BuyBuyBaby, Nordstrom, Neiman Marcus, Pottery Barn Kids and other retailers for about $600, according to a company notice on …
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