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The question of which political parties control one or both chambers of Congress for the next two years could take until early December to sort out. But whether Republicans have managed in the midterm elections to narrowly wrest majority control away from Democrats in the U.S. House of Representatives could …

Muhammed Selim Korkutata | Anadolu Agency | Getty Images Twitter’s new owner Elon Musk, who is also CEO of electric vehicle maker Tesla and U.S. defense contractor SpaceX, told employees of the social media business on Thursday that he recently sold shares of Tesla to “save Twitter.” He made the …

Famed investor Carl Icahn said Thursday’s relief rally didn’t change his negative view on the market, and he believes a recession is still on the horizon. “We keep our portfolio hedged,” Icahn said on CNBC’s “Closing Bell Overtime” Thursday. “I am still very, quite bearish on what is going to happen. …

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 …

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 …

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 …

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 …

Imagine having the light evening hours of summer all year round. This could be our reality if Congress passes the Sunshine Protection Act, making daylight saving time (DST) the new normal for all states — with the exception of Hawaii and certain parts of Arizona, where standard time is always …

Inflation went down faster than expected in October, dropping to a year-over-year rate of 7.7%, according to new Labor Bureau data published Thursday morning. Inflation is down from its 9.1% June year-over-year peak, but still nowhere near the Federal Reserve’s benchmark target rate of 2%.  Last month, prices for goods …