Tesla’s profits slide over 70 percent in the fourth quarter It’s one week into Elon Musk’s new role as chief cost-cutter for the Trump administration, but today, his side hustle as CEO of Tesla takes center stage with the release of the company’s latest earnings report.  During the fourth quarter of 2024, Tesla said it earned $2.3 billion in net income on $25.7 billion in

Washington Post Lays Off 4 Percent of Its Work Force The layoffs will affect employees across The Post’s business operations, not its newsroom.

X raises Premium Plus subscription pricing by almost 40 percent The VergeX has substantially raised the price of its top-tier user subscription in multiple regions to help bolster the platform’s creator payouts. The increase for Premium Plus came into effect on December 21st according to X, raising prices in the US from $16 per month to $22, or from $168 to $229 for annual subscriptions. Many European countr…

An Open Letter from the Other Side of the World to the 50.2 Percent of Americans Who Probably Won’t Read This and the 48.1 Percent Who Might Dear Americans, During your country’s recent presidential campaign, President-elect Trump spoke about the threat of climate change: “So they talk all the time about how the ocean will rise in five hundred years, one-eighth of an inch, who the hell cares?” Now, before you decide where I’m going with that quote, please allow me to give a disclaime…

Social Security Benefits Will Rise by 3.2 Percent in 2024 Millions of Social Security beneficiaries, from retirees to disabled workers, will receive the cost-of-living adjustment, which is far less than last year’s but still a healthy bump.

What are the downsides of zero percent financing? More and more these days I get offered buy-now-pay-later at zero percent financing (e.g. buy a $50 item for four monthly payments of $12.50). I usually avoid these because I think they encourage overconsumption and living beyond my means, I don’t like debt even if it’s zero percent, I assume there’s some gotcha, etc. If I can’t pay upfront, I ju…

Down 75 percent in my personal stock account I spent about five thousand on some cathie woods funds when the market was doing good, and then they tumbled right after. I am down 75 percent. Its been a few years and not much movement. Should I just keep letting it ride long term or cash out for the deduction? I really dont have any gains for the 3500-ish LT capital loss to offset so I’m not …

CD Projekt Red is laying off about 9 percent of its staff Image: CD Projekt RedCD Projekt Red (CDPR), the video game studio behind franchises like The Witcher and Cyberpunk, is laying off “roughly” 9 percent of its staff, according to a Wednesday blog post. That number translates to around 100 people. “There’s no easy way to say this, but today we are overstaffed,” CEO Adam Kiciński wrote in the post. …

U.K. Inflation Rate Slows to 7.9 Percent The larger-than-expected slowdown, led by motor vehicle fuel prices, offers some relief to the government and the Bank of England.