Soon after Tesla and SpaceX CEO Elon Musk’s acquisition of Twitter on Oct. 27, mass layoffs began. On the night of Nov. 3, hundreds of the company’s employees were notified via email that they no longer worked there, though some have since been asked to come back, Bloomberg reports. In …

If you make more than $1 million a year in Massachusetts, you may soon be subject to a “millionaire tax” approved by voters this week through a ballot initiative. The new law creates a 4% tax on annual income above $1 million, on top of the state’s current 5% flat …

An image of new Twitter owner Elon Musk is seen surrounded by Twitter logos in this photo illustration in Warsaw, Poland on 08 November, 2022.  STR | Nurphoto | Getty Images The Federal Trade Commission is closely watching Twitter’s moves under new owner Elon Musk, a spokesperson said in a …

With grocery prices up sharply from a year ago, Thanksgiving is hitting households a lot harder this year.   Per-pound prices for turkey, the holiday’s biggest staple, are up 17% year over year, according to the latest inflation data. Turkey is forecast to be 23% pricier in the fourth quarter …

Rep. Elissa Slotkin (D-MI) speaks to reporters at a press conference on November 09, 2022 in East Lansing, Michigan. Brandon Bell | Getty Images Democrats defied expectations in the midterm elections, dashing Republicans’ hopes for a “red wave” that would have given the GOP a significant majority in Congress and …

Amazon on Thursday unveiled a new robotic arm that can sort and lift packages in warehouses. Amazon Amazon on Thursday showed off a new robot that could one day assist warehouse workers with some of the more tedious aspects of the job. The company unveiled “Sparrow,” a robotic arm that …

FTX’s U.S. website says trading “may be halted” in a few days after the parent company spiraled towards collapse this week from a liquidity crisis. “Please close down any positions you want to close down,” FTX U.S. said in an announcement on its site on Thursday. “Withdrawals are and will …

A trade inside Nasdaq Marketsite in New York City. Getty Images Tech stocks rocketed higher Thursday after the consumer price index showed signs of easing inflation. Stocks in the cloud computing, e-commerce and payments sectors showed particular strength, but the rally lifted nearly every tech company significantly. Shares of game …

It looks more like a project at NASA than a home construction site. Just outside Austin, Texas, massive machines are squeezing out 100 three- and four-bedroom homes, in the first major housing development to be 3D-printed on site. One of the nation’s largest homebuilders, Lennar, is partnering with ICON, a …

People shop for bread at a supermarket in Monterey Park, California on Oct. 19, 2022. Frederic J. Brown | Afp | Getty Images Inflation was cooler than expected in October, although household staples such as shelter, food and energy remained among the largest contributors to consumer prices still rising at …