:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/32KUU6ZWD5FMRGBH3KL3JLZ7MY.jpg?fit=%2C&ssl=1)
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
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/NOZDPN4WCRFCXFICRJY2VYKZPI.jpeg?fit=%2C&ssl=1)
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
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/PZBTQ327VBD7DJIYXHRQC5AYVE.jpg?fit=%2C&ssl=1)
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
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/FSIUCEJRMFDT7IRAHHIKODAFQY.jpg?fit=%2C&ssl=1)
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
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/455WTVV4DFHHHF3OZRKY6G2E4Y.jpg?fit=%2C&ssl=1)
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
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/W2OVLKJZTZAEZFJABLCGPI42K4.jpg?fit=%2C&ssl=1)
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