Is the US market ready to embrace a $500 game console?
A look at history, and inflation, suggests it might be. Last week, a Bloomberg report about PS5 component costs suggested the upcoming system would …
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Bitcoin price climbs above $64k with the halving less than 36 hours away
(Kitco News) – Bitcoin (BTC) and the broader crypto market showed signs of recovery on Thursday as traders increased their exposure ahead of the …
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Do this now so you don’t get a surprise next year, IRS warns
Tax Day 2024 is done. Now, it’s time to get ready for 2025, the IRS is warning. The tax agency is advising people to use the IRS Tax Withholding …
- H3AdhuNTrflipped into CAREERS | LEADERSHIP
Tesla Plans To Give Musk The Biggest Pay Package In History
Tesla's board of directors is making a bold move to reinstate Elon Musk's $47 billion compensation plan, despite a recent court ruling against it. The plan, previously invalidated by a Delaware judge, will be resubmitted to shareholders for approval. This comes alongside Tesla's proposal to relocate the company's registration to Texas from Delaware. The payday, which will restore his status as one of the world’s richest people, highlights the board's unwavering support for Musk. This comes two days after Tesla told employees that it would lay off 10% of its work force, or about 14,000 people. This decision, which comes amid declining sales and layoffs within the company, risks further legal challenges and investor scrutiny. "Asking for people to approve one of the largest pay packages of all time, when the company is failing to meet current targets and terminating 10 percent of employees, it’s terrible timing," said Antoine Argouges, Chief Executive, Tulipshare, Activist Investor Group.
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- Nick Lutesflipped into Psst...thought You Might Like This.
More and more Americans are becoming 'ALICEs.' They can't afford rent and groceries but are falling through the cracks in the country's safety net.
ALICE is an acronym for a group of Americans who are asset-limited, income-constrained, and employed. Most ALICEs earn too much to qualify for government assistance but not enough to afford daily life in the US. Their existence points to a gap in how the US measures who's struggling …
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Stock market to crash 30% by November and even more after elections, expert warns
It would appear that the deeper the world gets into 2024, the more frequent the warnings about a coming economic crisis become. Indeed, from the …