World News
Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.
Car insurance costs are pretty brutal at the moment — they’re up more than 22% since this time last year. There’s plenty you can do to lower your bill, but some of the best advice out there still requires a certain amount of upfront cash. For example, paying your annual…
Read More »Disneyland characters and cast members attempt to unionize
Unionization at Disneyland may no longer be a fairytale, as a majority of approximately 1,700 parades and characters cast members have filed with the NLRB for union representation. According to a statement from the Actors’ Equity Association, those employees are receiving unionization cards from the group. ‘These performers, and the…
Read More »Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November of last year. Rates hit their highest level in a few decades last October, causing…
Read More »Mortgage rates are now at the highest level of the year, and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November of last year. Rates hit their highest level in a few decades last October, causing…
Read More »Tesla asks shareholders to vote again on Musk’s $56 billion payout
Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge voided earlier this year after ruling that the record-setting compensation deal was “deeply flawed.” Tesla also said it would ask shareholders to approve moving the company’s incorporation from Delaware to Texas. Musk had suggested the…
Read More »Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem
Companies often see their stock price jump after announcing job cuts, as Wall Street rallies around the prospects for improved efficiency and profits. But that’s not how investors treated the latest news out of Tesla. Shares of the electric vehicle maker tumbled almost 6%, falling to their lowest since May of…
Read More »How In-N-Out Burger’s president runs her fast-food empire: Keep it simple, affordable and close
In-N-Out isn’t your typical burger joint, and it insists expanding its footprint won’t change that. For nearly eight decades, the West Coast restaurant chain has remained a private, family-owned company that has cultivated fiercely loyal customers and a quirky identity despite being located in just a handful of states. But…
Read More »FAA lifts temporary groundstop of Alaska Airlines flights after technical issue is resolved
The Federal Aviation Administration lifted a ground stop for all Alaska Airlines flights Wednesday after grounding the planes earlier as a result of a computer problem at the carrier. The Seattle-based airline said in a statement that an issue arose “while performing an upgrade to the system that calculates our…
Read More »Tesla will lay off more than 10% of global workforce
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down 3% on Monday morning. “As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of…
Read More »Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon. Speaking to a policy forum focused on U.S.-Canada economic relations, Powell said that while…
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