How Elon Musk became the engine of the Texas economy

How Elon Musk became the engine of the Texas economy

Bloomberg — Elon Musk is now officially Austin’s largest private employer. Tesla Inc. (TSLA) increased its employee count 86% last year to 22,777 in the fast-growing Texas region, where the automaker produces Model Y SUVs and angular Cybertrucks. As a result, it surpassed grocery chain HEB, according to a new annual compliance report Tesla filed … Read more

2024 Easter Holidays and School Calendar in Mexico: Important Dates and Schedule Changes

2024 Easter Holidays and School Calendar in Mexico: Important Dates and Schedule Changes

Mexico City — This weekend, from March 15 to 18, the first mega bridge will take place in Mexico’s basic education schools in 2024, a few days before the start of the Easter holidays. Classes will be suspended on Friday, March 15, 2024 due to administrative download, when teachers upload their students’ grades to the … Read more

Universal Music Group to Cut Hundreds of Jobs in 2024 Amid Slowing Music Sales

Universal Music Group to Cut Hundreds of Jobs in 2024 Amid Slowing Music Sales

Bloomberg — Universal Music Group NV, the record label behind Taylor Swift and Drake, plans to eliminate hundreds of jobs in the first three months of 2024, according to people familiar with the matter. Its largest division, recorded music, will suffer the biggest impact, said these sources, who were not authorized to make public statements … Read more

2023-2024 School Calendar in Mexico: Megabridge, Easter Holidays, and No Class Days

2023-2024 School Calendar in Mexico: Megabridge, Easter Holidays, and No Class Days

Mexico City — The December holidays in Mexico’s preschool, primary and secondary schools are about to end. The students will return to the classrooms next Monday, January 8, according to the 2023-2024 School Calendar of the Ministry of Public Education (SEP). This month, classes will be suspended again on Friday, January 26, as teachers will … Read more

Mortgage applications to buy a home in the US increase for the fourth week

Mortgage applications to buy a home in the US increase for the fourth week

Bloomberg — Mortgage applications for home purchases in the US increased for the fourth consecutive week, the largest streak of increases since March, helped by a further relaxation in borrowing costs. The Mortgage Bankers Association’s purchase application index rose 4.7% to a two-month high of 144.9 in the week ended Nov. 24. The contractual rate … Read more

Toyota is sentenced to pay US$60 million for deception in car loans

Toyota is sentenced to pay US$60 million for deception in car loans

Bloomberg — Toyota Motor Corp.’s (TM) lending division will pay $60 million to settle a U.S. regulator’s allegations that it tricked customers into buying additional products that increased their payments and then dragged them off when they tried to cancel them. . Toyota Motor Credit Corp. allegedly lied about whether the extras were required or … Read more

Alternative Strategies for Investing in Real Estate: Beyond Traditional Homeownership

Alternative Strategies for Investing in Real Estate: Beyond Traditional Homeownership

Bloomberg — Mortgage rates are high. Prices continue to increase. Besides, there is nothing to buy. In the opinion of many, It is a triad of frustrations that has deprived them of purchasing a house, which has long been a key avenue for building wealth in the U.S. However, despite this difficult housing market, there … Read more

The Rise of Buy Now, Pay Later: A Concerning Trend for Generation Z

The Rise of Buy Now, Pay Later: A Concerning Trend for Generation Z

Bloomberg Opinion — As Generation Z entered adulthood, studies emerged claiming they were the generation with the lowest levels of credit card debt. Of course they were: They couldn’t easily access credit cards. The Credit Card Accountability and Disclosure (CARD) Act of 2009 made it significantly more difficult for college-age consumers to obtain a credit … Read more