Sundry Photography/Shutterstock Redfin announced layoffs on Wednesday. 13% of its staff will be impacted. It’s also winding down its home-flipping business, RedfinNow. The real-estate company Redfin announced on Wednesday that it would lay off 862 staffers, or 13% of its workforce. 264 of those are related to the company’s home-flipping business, RedfinNow, which it will…
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. The author, Tessa Campbell, is using rewards from her Amazon credit card…
Russian Ilyushin Il-76MD planes fly over Moscow during the general rehearsal for the Victory Day parade in Moscow, Russia, 07 May 2022. Sefa Karacan/Anadolu Agency via Getty Images Russia paid for Iranian drones with 140 million Euros cash and captured Western weapons, per Sky News. Both countries have denied trading for drones, but a wealth…
Elon Musk. Muhammed Selim Korkutata/Getty Images Tesla’s drop to 17-month lows of Tuesday sets the stock up for more downside ahead, according to Fundstrat’s Mark Newton.Newton sees the potential for a 43% decline to $109 per share, which would be an “extreme case.”The potential decline comes as investors grow frustrated with Tesla CEO Elon Musk’s…
Gene J. Puskar/AP Photo Mortgage applications dropped to the weakest level since 1997, Mortgage Bankers Association data shows. The 30-year fixed rate climbed last week to 7.14%, near its highest mark since 2001. The housing market has become increasingly unaffordable amid the Fed’s hawkish policy path. Mortgage applications slipped to a 25-year low as borrowing…
Donald Trump Joe Raedle/Getty Images An ex-GOP strategist suggested that former President Donald Trump has no chance of winning the 2024 presidential election. Scott Jennings made his prediction based on the early results of the 2022 midterm elections. Many Trump-backed Republican candidates underperformed in Tuesday’s midterm elections. A conservative political commentator and ex-GOP strategist suggested…
Donald Trump. José Luis Villegas/AP US stocks opened lower Wednesday as midterm election results continued to trickle in. Republicans thus far have failed to demonstrate a clear hold on Congress. Crypto markets continued to reel from Binance’s surprise deal to take over FTX. US stocks opened lower on Wednesday as midterm election results showed a…
Billionaire Jack Ma co-founded the e-commerce giant Alibaba in 1999. Future Publishing/Getty Images Brian A. Wong is a long-time Alibaba executive and former special assistant to Jack Ma, the company’s founder. In a new book, Wong details Ma’s management ethos and how Alibaba’s success lessons can be applied by others. This is a book review….
Mark Zuckerberg has announced 11,000 layoffs at Meta. Alex Wong/Getty Images A couple who both worked for Meta were each sent a layoff email by the Facebook owner. Jess White joined in November 2021 and only returned from parental leave about two months ago. The technical sourcer had praised Meta’s parental leave policies in a…
Apple today seeded the first beta of an upcoming tvOS 16.2 update to developers for testing purposes, with the beta coming one day after the second tvOS 16.2 beta. Developers can download the tvOS 16.2 beta by downloading a profile onto the Apple TV using Xcode. tvOS updates are often minor in scale, focusing on…