Savings

Vishal Garg is back, with plan to save Better: The ‘One Day Mortgage'

10 days ago   |   By Inman

Comparing himself to Henry Ford and Elon Musk, CEO says he's reconfigured Better's assembly line to crank out mortgages in a single day.
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Elon Musk is trying to raise up to $3 billion to pay off expensive Twitter debt amid struggles to keep advertisers: WSJ

10 days ago   |   By Business Insider

Elon Musk sent Twitter staff a memo on Thursday confirming job cuts would be announced on Friday. Carina Johansen/Getty Images
Elon Musk is looking to raise up to $3 billion, according to a Wall Street Journal report.
It would go toward paying down some of the more expensive debt he took on to buy Twitter.
In a tweet asking Musk if the reported fundraising attempt was accurate, the Twitter CEO wrote: "No."
Elon Musk is looking to line up as much as $3 billion to pay off part of the $13 billion loan package he used to acquire Twitter last year, according to the Wall Street Journal. Per the...
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Tesla stock could soar 50% and is the top pick in an auto sector that's seeing an EV 'shake-out,' Morgan Stanley's Adam Jonas says

10 days ago   |   By Business Insider

Elon Musk. Getty Images
Tesla stock could add 50% despite price cuts to vehicles, according to Morgan Stanley.
Analyst Adam Jonas cited Tesla's strong balance sheet and profitability.
"Tesla's recent price cuts are just the latest sign the EV market may be entering the 'shake-out' phase," he wrote.
Tesla stock could gain 50% on a strong balance sheet and a head-start against the competition in the EV market, according to Morgan Stanley. In a Wednesday note, analyst Adam Jonas named Tesla his top pick in the auto sector, replacing FREYR Battery, as price cuts ranging from 6% to 20% will...
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'One of the most important earnings calls in its history': Here's what Wall Street expects from Tesla's 4th-quarter earnings

10 days ago   |   By Business Insider

Elon Musk. Carina Johansen/Getty Images Tesla is set to report fourth-quarter earnings after the market close on Wednesday after a rocky 2022. Investors are laser-focused on the company's profit guidance after it announced big price cuts. Here's what Wall Street expects to see from the electric vehicle maker's earnings report. Tesla will report its fourth-quarter earnings after the market close on Wednesday, and investors will be laser-focused on 2023 profit guidance after recent vehicle price cuts. Tesla already reported fourth-quarter vehicle deliveries of 405,000 earlier this month...
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One of Elon Musk's top lieutenants at Twitter says she 'grew up in a cult'

10 days ago   |   By Business Insider

Esther Crawford has become a leader at Elon Musk's Twitter Getty Images
Esther Crawford, a leader at Elon Musk's Twitter, said on social media that she "grew up in a cult."
Crawford has become a key player in Musk's takeover and went viral for sleeping in the office.
Some workers describer her as "bootlicking," while other say she's helped guide Musk.
Esther Crawford, one of Elon Musk's top lieutenants at Twitter, "grew up in a cult." Before the billionaire bought Twitter in October, Crawford tweeted about the experience, saying it taught her a lot , including the importance of changing...
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EU will face fuel shortages and soaring energy prices - Hungary

EU will face fuel shortages and soaring energy prices - Hungary

The bloc agreed a price cap on Russian oil products earlier this week following heated debate EU member states will inevitably be hit by fuel shortages and skyrocketing energy... Read more ...

Schedule for Week of February 5, 2023

Schedule for Week of February 5, 2023

This will be light week for economic data. The key report this week is the December trade deficit. --- Monday, February 6th --- No major economic releases scheduled... Read more ...

Don't Be Stupid - The U.S. Economy Actually LOST 2.5 Million Jobs Last Month

Don't Be Stupid - The U.S. Economy Actually LOST 2.5 Million Jobs Last Month

I can't take it anymore. Fake numbers that are released by the government get turned into fake news by the corporate media, and many Americans don't even realize that they are... Read more ...

EU will face supply shortages after Russian oil ban - Bloomberg

EU will face supply shortages after Russian oil ban - Bloomberg

New refineries in the Middle East are reportedly facing delays With a looming ban on the supply of Russian petroleum products, the European Union needs to find alternative... Read more ...

A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

The verdict by the nine jurors was reached after less than two hours of deliberation following a three-week trial and represents a major vindication for Musk. Read more ...

EU agrees on new price caps for Russian oil

EU agrees on new price caps for Russian oil

Limits on refined oil products will go into effect on February 5 The European Union will set the price of refined petroleum products imported from Russia at $100 per barrel for... Read more ...

Lawler: Net Home Orders and Sales Cancellations of Large Publicly-Traded...

Lawler: Net Home Orders and Sales Cancellations of Large Publicly-Traded Home Builders

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Net Home Orders and Sales Cancellations of Large Publicly-Traded Home Builders A brief excerpt: Note from Bill... Read more ...

US adds a surprisingly strong 517,000 jobs despite Fed hikes

US adds a surprisingly strong 517,000 jobs despite Fed hikes

U.S. employers added a robust 517,000 jobs in January in a sign of a still-strong labor market despite Fed rate hikes. Read more ...

Fact sheet: Employers are charged with violating federal law in nearly 40%...

Fact sheet: Employers are charged with violating federal law in nearly 40% of union elections

Employers regularly employ illegal tactics to suppress unions. An analysis of the latest government data on unfair labor practice charges and union elections shows that... Read more ...

A call for data-first security

A call for data-first security

Massive data breaches and data leaks occur all too often. It's time for a new evolution of cybersecurity: data-first security. Here's why: Read more ...