Elon Musk says Donald Trump should skip the 2024 election even as he vows to restore the former president’s Twitter account. The Tesla CEO shared his views on US politics in a series of tweets Thursday evening. He said Trump shouldn’t run for office because a ‘less divisive candidate would be better in 2024,’ before […]
Twitter also confirmed that it is pausing all hiring except for business-critical roles. San Francisco: Twitter confirmed Thursday that two senior executives are heading for the exit and it has paused most hiring, as Elon Musk stands poised to become the global messaging platform’s new owner. Kayvon Beykpour, a general manager who leads research, design […]
Check out what’s clicking on FoxBusiness.com. Tesla CEO Elon Musk tweeted on Thursday evening that even though he’d prefer a “less divisive candidate” than former Donald Trump for president in 2024, he still thinks that “Trump should be restored to Twitter.” “Even though I think a less divisive candidate would be better in 2024, I […]
Most products don’t become a better value the less you get. Look at toilette paper; the bigger pack you buy, the cheaper each roll gets. However, this is not the case for the new Ford F-150 Lightning. In fact, the further up the trim levels you get, the worse the value gets. How can that […]
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the day, acknowledged for the first time Thursday that high inflation and economic weakness overseas could thwart his efforts to avoid causing a recession. For weeks, Powell has portrayed the Fed’s drive to raise interest rates […]
Placeholder while article actions load President Biden and lawmakers from both parties are scrambling to address a growing lack of baby formula in many stores that has made it difficult for some parents to feed their young children. On Thursday, Biden received an update from retailers and manufacturers, including Wal-Mart, Target, Reckitt and Gerber. Then […]
May 12 (Reuters) – Two senior Twitter (TWTR.N) leaders who oversee the consumer and revenue divisions will depart the social media company, Chief Executive Officer Parag Agrawal told employees in a memo on Thursday, in one of the biggest shake-ups at the company since billionaire Elon Musk announced he would buy it for $44 billion. […]
Terra is crumbling. The blockchain project home to the popular algorithmic stablecoin TerraUSD (UST), which had recently become the fourth-largest stablecoin by market value but now sits at fifth, is near collapse as UST repeatedly fails to sustain its $1 peg and LUNA, the blockchain’s native token, near zero. Terraform Labs, the tech start-up behind […]
Cryptocurrency prices also dropped precipitously. The price of Bitcoin fell as low as $26,000 on Thursday, down 60 percent from its peak in November, before rising somewhat. Since the start of the year, Bitcoin’s price movement has closely mirrored that of the Nasdaq, a benchmark that’s heavily weighted toward technology stocks, suggesting that investors are […]
Jerome H. Powell, the Federal Reserve chair, said in an interview on Thursday that lowering inflation is likely to be painful but that allowing price gains to persist would be the bigger problem — squaring off with the major challenge facing his central bank as he officially starts his second term at its helm. Mr. […]