Voluble billionaire Elon Musk may be finally ready to close that giant Twitter deal – at least for today. Musk filed a letter in court on Monday to restart the deal at the originally agreed upon terms, according to a Bloomberg report. The news comes days before Musk was due to be deposed in a…
A study by the National Bureau of Economic Research (NBER) examining the effects of the Covid-19 pandemic on our working environments has predicted what it calls an “office real estate apocalypse”. The September 2022 paper found a significant 45% decline in office values during 2020, with a longer term fall of 39%. The NBER places…
Screenshot of a Casey Neistat YouTube video with 4K resolution selected from the video quality menu. YouTube YouTube might be testing making 4K streaming a paid YouTube Premium feature. 4K is currently free for all users, but people on Twitter and Reddit said YouTube was asking them to upgrade. YouTube’s official support Twitter told a…
For sale sign in front of a house. PM Images/Getty Images A New York man unwittingly fell victim to a mortgage scam in 2010 and is now facing eviction. Johnnie Jackson has been trying to regain control of his childhood home for 12 years. Since he was a child, the home was a site of…
Fed Chair Jerome Powell and fellow policymakers think unemployment has to top 4% to bring down inflation. Reuters/Joshua Roberts The Federal Reserve thinks US unemployment has to top 4% before inflation will cool, given rising wages. But Pantheon Macro says if people’s expectations for inflation are lower, that will drag on wage growth. “For the…
Babcock Ranch. Kitson & Partners Hurricane Ian knocked out power to 4 million customers in Florida. But one community was left largely unscathed by the Category-5 storm, CNN reported. Babcock Ranch, a planned town built with a focus on sustainability and renewable energy, kept the lights on during the storm. As Hurricane Ian battered Florida…
Anna Keeve biting into a Chipotle burrito. Anna Keeve Chipotle has been ahead of the curve when it comes to offering an array of vegan menu options. I stopped by to try every vegan item, including the plant-based “Sofritas” and “Lifestyle Bowls.” The customizable Chipotle menu made it easy to enjoy a delicious vegan meal at…
Pedestrians walk past a Now Hiring sign in Arlington, Virginia, in March 2022. Stefani Reynolds/AFP/Getty Images The 10-year Treasury yield sharply dropped on Tuesday, highlighting market speculation about a so-called Fed pivot from aggressive interest rate hikes. Soft economic data including a tumble in US job openings was contributing to sending the 10-year yield down…
Getty Images A CFPB report found student-loan companies have allegedly been engaging in deceptive and illegal behavior. For example, it says companies have wrongfully denied borrowers to targeted loan forgiveness programs. They also failed to properly track borrowers’ payments, pushing them off track for relief, per CFPB. Student-loan companies aren’t abiding by the law —…
“The Lord of the Rings: The Rings of Power.” Amazon Amazon Studios head Jennifer Salke says “The Rings of Power” is “not our ‘Game of Thrones.’” She said fans didn’t want the show to include “sex and a level of provocative violence.” HBO’s “Game of Thrones,” and now “House of the Dragon,” include plenty of…