Recent Blog Posts - Blog

Apr
30

Mortgage Interest Rates Today, April 30, 2024 | Rates Are Staying Put For Now

The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information. Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. ...

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Apr
30

Stock market today: futures slip ahead of Amazon earnings and a key Fed update

Wall Street traders. Mario Tama/Getty Images US stock futures retreated on Tuesday as Wall Street awaited key earnings reports and a Fed update.Amazon, Eli Lilly, McDonald's, and Starbucks are among the companies set to report earnings later.The Fed will weigh in on inflation and the outlook for interest rates on Wednesday. Stocks drifted lower in ...

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Apr
30

The more you earn, the harder it is to find a job right now

Getty Images; Alyssa Powell/BI Over the past year or so, pretty much everyone who's looked for a job has told me the same thing: The job market is brutal right now. They've applied to dozens if not hundreds of openings, only to get one or two callbacks. No one's hiring, they tell me. I've never seen it this bad. Listening to them, you'd think we we...

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Apr
30

Elon Musk says he picked Tesla robotaxi's August 8 launch date because it's a lucky number in China

Elon Musk. Tayfun Coskun/Anadolu via Getty Images Tesla is set to launch its robotaxi on August 8, 2024.The date, Elon Musk says, was chosen partly because it is a "lucky number in China."Musk's interest in China isn't surprising considering its major influence on Tesla's fortunes. Tesla CEO Elon Musk might've been hoping for some much-needed good ...

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Apr
30

I left my VP role at 25 to build a startup. Leaving security and a steady paycheck behind was hard, but I have no regrets.

Timothy Gamble is a cofounder of HelloData.ai. Courtesy of HelloData.ai Timothy Gamble left his VP role at Walker & Dunlop to cofound HelloData.ai in 2022.Gamble's decision was driven by a desire for continual growth and the opportunity to innovate in AI.Despite earning less, Gamble is happy with his decision to leave his 9-5. This as-told-to essay...

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Apr
30

McKinsey tried to boost the morale of senior staff by blasting Eminem and Bob Marley at an internal event, report says

Eminem was on the playlist when McKinsey partners met earlier in April in Denmark. Kevin Kane / Getty Images McKinsey & Co. held an internal event to rally partners amid a challenging year, Bloomberg reports.The event was soundtracked by Bob Marley, Eminem, and a 1990s cult British classic. Like many major consulting firms, McKinsey has announced l...

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Apr
30

Saudi Arabia will 'downscale' some Vision 2030 projects like Neom amid 'challenges,' minister says

Saudi finance minister Mohammed Al-Jadaan. WEF Saudi Arabia's Neom project secured a $2.7 billion credit line from local lenders. The Saudi finance minister said the kingdom was "very pleased" with progress on Vision 203 goals. He said "challenges" meant adjustments would be made to some aspects as required. Saudi Arabia is trying to counter report...

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Apr
30

Musk's visit to China was a much-needed win for both sides — and a snub to India

Elon Musk visited China in 2019, and, more recently, on a two-day trip. REUTERS/Aly Song Elon Musk just made a quick trip to China, where he met with senior officials and struck a deal.The Beijing visit comes as trade tensions have ratcheted up between China and the US, including over EVs.And Musk notably skipped a recent visit to India, underscori...

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Apr
30

Elon Musk isn't even close to being done with his 'absolutely hard core' slashing of Tesla's headcount

"We need to be absolutely hard core about headcount and cost reduction," Elon Musk said in an email to Tesla's senior executives on Monday, per The Information. Beata Zawrzel/NurPhoto via Getty Images The layoffs at Tesla aren't over yet, says Tesla CEO Elon Musk.On Monday, he announced the departure of two senior executives and the axing of their ...

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Apr
30

Paramount axed its CEO, then held a bizarre earnings call where it played the 'Mission: Impossible' theme song over and over and refused to take questions

Exiting Paramount CEO Bob Bakish, Paramount Global major shareholder Shari Redstone, Mission Impossible star Tom Cruise, and Nickelodeon boss Brian Robbins. Jason Mendez via Getty Images Paramount held a nearly 9-minute-long earnings call on Monday.No questions were taken and the call ended with the Mission: Impossible theme being played on loop.Th...

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Apr
30

Anne Hathaway's plan was to stop drinking until her kids were grown up. Now, she says she's over 5 years sober.

Anne Hathaway says she is over five years sober. Cindy Ord/Getty Image Anne Hathaway is celebrating over five years of sobriety."That feels like a milestone to me," the actor told The New York Times.In 2019, Hathaway said she wanted to quit alcohol "for 18 years" until her son is grown up. Anne Hathaway, 41, is celebrating over five years of sobrie...

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Apr
30

Elon Musk says Taylor Swift's 'The Tortured Poets Department' is 'very impressive'

Elon Musk (left) and Taylor Swift (right). Tayfun Coskun/Anadolu via Getty Images; Ashok Kumar/TAS24 via Getty Images Taylor Swift is topping the charts with "The Tortured Poets Department."And Elon Musk has taken notice."I'm not quite the target audience, but nonetheless very impressive indeed!" Musk said of the album. Taylor Swift has been turnin...

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Apr
30

FCC fines big phone companies nearly $200 million for sharing customer location data

US phone companies were fined nearly $200 million on Monday. Top to bottom: Michael Kappeler for Picture Alliance, Kena Betancur for VIEWpress, Michael Kappeler for Picture Alliance via Getty Images The FCC fined four US network providers nearly $200 million for illegally sharing customer data.The FCC said the companies sold data to "aggregators," ...

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Apr
30

The ex-Twitter director who went 'hardcore' for Elon Musk and slept on the floor of X's office is now working for his Meta nemesis, Mark Zuckerberg

Elon Musk (left), Esther Crawford (center), and Mark Zuckerberg (right). Steve Granitz/FilmMagic via Getty Images; Robert Cowherd; Cooper Neill/Zuffa LLC via Getty Images Former Twitter director Esther Crawford says she has joined Mark Zuckerberg's Meta.Crawford was one of Elon Musk's top lieutenants at Twitter after he took over the company.She we...

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Apr
30

The cancer-stricken winner of the $1.3 billion Powerball jackpot in Oregon will get a $422 million lump-sum after taxes and says he'll keep playing the lottery

Cheng Saephan, 46, won the $1.3 billion Powerball jackpot in April. Oregon Lottery The winner of the $1.3 billion Powerball jackpot in Oregon is a Laos-born immigrant battling cancer.He's opting to take the lump-sum option, and will receive $422 million after taxes.Cheng Saephan, 46, plans to split the money with his wife and a close friend. The wi...

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Apr
30

Mysterious ‘gpt2-chatbot’ AI model baffles experts: A breakthrough or mere hype?

A mysterious new AI model named 'gpt2-chatbot' has stunned researchers with its advanced capabilities, sparking intense speculation about its origins and potential as a next-gen AI breakthrough.Read More

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Apr
30

Tourists won't stop visiting a forbidden WWII-era landmark even as it's being destroyed due to over-tourism

Haiku Stairs Majicphotos/Getty Images The Haiku Stairs in Oahu, Hawaii, have long attracted tourists who hike them illegally.Officials decided to remove the landmark, popularized by social media, due to over-tourism concerns.Five people were arrested last week as visitors flock to see the stairs before they're gone. At least five people have been a...

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Apr
30

Nvidia employees said CEO Jensen Huang is 'not easy to work for.' He says that's how it should be.

Nvidia CEO Jensen Huang. I-Hwa Cheng/AFP/Getty Images Nvidia CEO Jensen Huang has no qualms about being a demanding leader.Huang told "60 Minutes" that accomplishing "extraordinary" things requires hard work.The CEO is known for juggling 50 direct reports while running the $2 trillion company.  Nvidia CEO Jensen Huang has a reputation for being a f...

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Apr
29

Adam Neumann got cut out of WeWork's restructuring plan

Adam Neumann Shahar Azran/Getty Images WeWork has a new plan to get out of bankruptcy — and it doesn't involve Adam Neumann.Neumann is seeking to acquire the company he created for more than $650 million."We anticipate there will be robust objections to confirming this plan," a Flow attorney told BI. WeWork has a new plan to get out of bankruptcy —...

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Apr
29

The wild-looking Russian 'turtle tanks' that keep showing up may not be as crazy as they seem

Russian T-72B3 tanks move through Red Square during a military parade, which marks the 75th anniversary of the Soviet victory over Nazi Germany in World War Two, in Moscow on June 24, 2020. ALEXANDER NEMENOV/AFP via Getty Images Russia and Ukraine have turned to improvised armor solutions to give their tanks extra protection.But Moscow, in recent w...

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