Per Newsweek In a survey of 1,500 eligible voters, 63% of Americans think that stimulus checks are the best way to combat inflation. 42% said they strongly agree, 18% of respondents said they disagree, 15% said they neither agree nor disagree, 3% said they didn't know in

Per Reuters The US unemployment rate increased to 3.7% in October from 3.5% in September. The unemployment rate increased despite nonfarm payrolls increasing by 261,000 in September. The average hourly earnings grew by 0.4% in October from a 0.3% increase in September. Wages increased 4.

Per CNBC Meta, the parent company of Facebook, is at the bottom of the S&P 500 after being down roughly 73% over the past year. Meta is now the worst-performing stock in the S&P 500 this 2022. Meta performs worse than Align Technology, SVB Financial Group,

Per Bloomberg A class-action lawsuit was filed against Twitter as it intends to start cutting staff, per an email to employees. This was just shortly after Musk acquired the platform for $44 billion. Large companies are restricted from mass layoffs without at least 60 days of advanced notice per the

Per RadarOnline: Elon Musk has reportedly ordered his employees at Twitter to work upwards of 84 hours a week in an effort to reach newly implemented deadlines. The latest development comes just days after the 51-year-old billionaire officially took over as the popular social media platform’s CEO on Thursday.

Per Business Insider: Elon Musk is closing Twitter's offices and ensuring that employees do not return for now, except for the few working directly on projects deemed "Elon critical." On Thursday evening, Twitter employees received their first communication from the company since Musk took over. It

Per 9to5: According to people familiar with the matter, Apple made the decision to freeze hiring last month ahead of the company’s quarterly earnings report. Sources told Bloomberg that the pause doesn’t apply to teams working on future products and long-term initiatives. The sectors most affected are hardware

Turkish President Tayyip Erdogan said he may negotiate with Twitter’s new boss Elon Musk to avoid paying the monthly $8 charge for the “verified” badge. After buying Twitter for $44 billion last week, Musk said the company will charge $8 a month for its Blue service, which includes the

Per Reuters: Twitter will alert employees by 9 a.m. Pacific time (12 p.m. EDT/1600 GMT) on Friday about whether they will be laid off, the company said in an email to staff on Thursday. "In an effort to place Twitter on a healthy path, we will

Per moneycontrol: Australian firm Afterpay Ltd. popularized the concept of buy now, pay later as a new spin on layaway plans with an instant-gratification twist. The financial products typically let consumers pay for purchases in four installments with the promise of little to no fees, no interest and quick credit

Elon Musk has directed Twitter Inc's teams to find over $1 billion in annual infrastructure cost savings by cutting cloud services and extra server space, according to two sources familiar with the matter and an internal Slack message seen by Reuters. The company is aiming to find up

Per NYP: Mortgage demand has plummeted to a 25-year low as skyrocketing long-term rates continue to hammer the US housing market [https://nypost.com/2022/10/24/us-housing-demand-has-cratered-as-mortgage-rates-ensure-recession-analysts-warn/] , a leading industry group said Wednesday. Mortgage rates rose for the 10th straight week, with the average 30-year fixed rate contract hitting

Per CNBC A study by the Pew Research center found that 61% [https://www.pewresearch.org/politics/2022/08/09/rising-partisan-antipathy-widening-party-gap-in-presidential-job-approval/] of U.S. adults today find the Republican Party unfavorable, while 57% [https://www.pewresearch.org/politics/2022/08/09/rising-partisan-antipathy-widening-party-gap-in-presidential-job-approval/] shared the same sentiment toward the Democratic Party.

Per Bloomberg: Elon Musk has removed “days of rest” from Twitter Inc. staff calendars, according to people familiar with the matter. The monthly, company-wide day off was introduced during the pandemic period. Its expiration is another sign of Musk’s impatience with Twitter’s existing work culture. Musk also plans

Per BI, BBC, Forbes, Zippa CNN said it was highly unlikely to cover verification costs for all employees. As per Zippa's estimate, the media company has 5,392 employees. Since Elon Musk's $44 billion acquisition of Twitter, one of his newest moves was to charge an

Per Reuters L'Oréal denies an earlier report by Financial Times saying the cosmetics maker will suspend advertising spending on Twitter. A company spokesperson said: "L'Oréal did not make any decision to suspend advertising spending on Twitter." General Motors Co already put its paid Twitter

Per Bloomberg Coinbase Chief Product Officer Surojit Chatterjee agreed to step down. His exit comes amid a reorganization of the company's product, engineering, and design teams. Chatterjee's tenure at Coinbase was during the company's launch of its NFT platform. Coinbase is expected to report

Per Bloomberg Binance founder and CEO Zhao 'CZ' Changpeng said last month that the company could spend over $1 billion on deals this year. The CEO said he is considering targets including banks as the distance between digital assets and traditional finance blurs. Zhao said that Binance is

Per Bloomberg: Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 billion acquisition, according to people with knowledge of the matter. Twitter’s new owner aims to inform

Per Bloomberg: Before Jerome Powell took the podium today, stocks were approaching their highest levels in six weeks, fueling a rebound in the fortunes of some of the world’s richest people after a brutal year. Just as he did in August during an eight-minute speech [https://www.bloomberg.com/

Per Bloomberg: Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 billion acquisition, according to people with knowledge of the matter. Twitter’s new owner aims to inform

Per Business Insider: Since the summer, Apple has touted its "deliberate" decisions about investment and hiring, including on its most recent quarterly earnings call last week. But three sources with close knowledge of conversations at the company told Insider it has paused almost all hiring. Staff across divisions,

Per the Hill: The Federal Reserve on Wednesday hiked interest rates by three-quarters of a percentage point, pressing even harder on the brakes of the economy in a scramble to slow inflation. The Federal Open Market Committee, the panel of Fed officials responsible for monetary policy, boosted the central bank’

Prices for the most popular pre-owned Rolex, Patek Philippe and Audemars Piguet watches will fall further as the market has been flooded with supply, analysts at Morgan Stanley said in a report. After surging in 2021 and during the first quarter of the year, an index of the most popular

Per CNN: President Joe Biden keeps touting the size of next year's increase in Social Security payments. But his boasts leave out critical context: Biden doesn't explain that the reason the 2023 increase will be unusually large is that the inflation rate has been unusually large.