Elon Musk sent Twitter staff a memo on Thursday confirming job cuts would be announced on Friday. Muhammed Selim Korkutata/Getty Images A Twitter employee who’s eight months pregnant says her laptop access was “cut off” on Thursday. The content marketing manager, who also has a nine-month-old baby, has worked at Twitter since 2019. Rachel Bonn…
Monthly Archives: November 2022
Home prices have dropped, even in some of the most popular areas. Justin Sullivan/ Staff/ Getty Images Home prices are dropping in the nation, softening the impact of higher mortgage rates. This is good news for buyers, who may now be able to afford homes in some popular cities. Here are 10 Sun Belt cities…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates fell this week, and the average 30-year fixed rate is…
Zach Gibson/Getty Images The IRS released new data on how much in taxes is still unpaid by Americans and businesses. From 2014 through 2016, the tax gap, which measures taxes owed versus paid, grew to nearly $500 billion. That’s largely due to people underreporting how much they owe, including for capital gains and small business…
Florida Gov. Ron DeSantis got married at Disney World in 2009. Joe Raedle/Getty Images and AaronP/Bauer-Griffin/GC Images Ron and Casey DeSantis got married at the Walt Disney World Resort in 2009. The Florida governor doesn’t appear to have mentioned this publicly. DeSantis’s feud with Disney over a schools bill critics call “Don’t Say Gay” has…
Former President Donald Trump at a rally at Sioux Gateway Airport, Iowa, on November 3, 2022. Stephen Maturen/Getty Images Donald Trump told a rally crowd he’d “very, very, very probably” run for president in 2024. It’s his strongest signal yet he will go ahead with his long-teased 2024 presidential bid. Trump faces a slew of…
Good morning to the smartest corner of the internet. Senior reporter Phil Rosen here. Based on the thoughtful tweets (@philrosenn) and email responses you send me each morning, I’m convinced there’s no group more clever than Opening Bell readers. If you haven’t done so yet, take a shot today answering the question below the first…
The Fed could allow a mild economic slowdown to last three years in order to bring inflation under control, according to Morgan Stanley economist Seth Carpenter. Carolyn Kaster/AP The Federal Reserve could let an economic slowdown last three years, according to Morgan Stanley’s top economist. The US central bank appears to be shifting to more…
Hello — it’s Friday, and I’m your host, Jordan Parker Erb. Elon Musk began to terminate Twitter staffers last night, insiders told us. The move came just hours after an email went out telling workers to expect layoffs to begin Friday. I get into all that, and more, below. Let’s dive in. If this was…
Elon Musk’s Twitter takeover has proved unpopular with many. Jakub Porzycki/NurPhoto via Getty Images Almost 900,000 users have deactivated their Twitter accounts since Elon Musk took over. That’s according to analysis by Bot Sentinel, first reported by the MIT Technology Review. A further 497,000 accounts have been suspended in the days since Musk’s takeover was…