daily mail

Automaker Stellantis will halt operations at the Belvidere, Illinois plant, which employs 1,350 people and builds Jeep Cherokee SUVs, citing rising costs to produce electric vehicles

Jeep lays off 1,350 workers at Illinois plant over rising costs to produce electric vehicles

Hundreds of workers are expected to be laid off when automaker Stellantis closes an assembly plant in northern Illinois early next year, citing the challenge of rising costs of producing electric vehicles. The company, which employs about 1,350 workers at the Belvidere, Illinois plant, said the action would result in indefinite layoffs and it may …

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The 30-year fixed rate fell to 6.6% as inflation slowed, saving the average family $100 a month

Mortgage rates register biggest weekly drop in nearly 40 YEARS as inflation slows

Homebuyers will save $100 a month after mortgage rates saw their biggest weekly drop since 1981. The 30-year fixed rate fell to 6.6% as inflation slowed. A week ago the rate was above seven percent while 12 months ago the rate for a 30-year fixed rate was 3.1 percent. According to Redfin, the drop saves …

Mortgage rates register biggest weekly drop in nearly 40 YEARS as inflation slows Read More »

The 30-year fixed rate fell to 6.6% as inflation slowed, saving the average family $100 a month

Mortgage rates register biggest weekly drop in nearly 40 YEARS as inflation slows

Homebuyers will save $100 a month after mortgage rates saw their biggest weekly drop since 1981. The 30-year fixed rate fell to 6.6% as inflation slowed. A week ago the rate was above seven percent while 12 months ago the rate for a 30-year fixed rate was 3.1 percent. According to Redfin, the drop saves …

Mortgage rates register biggest weekly drop in nearly 40 YEARS as inflation slows Read More »

Meta's Mark Zuckerberg said WhatsApp and Messenger will drive the company's sales growth - although the company has invested at least $36 billion in the Metaverse.  Above: Mark Zuckerberg is seen in a leaked video call telling executives he will lay off 11,000 Meta workers

Mark Zuckerberg says WhatsApp business chat will generate revenue and minimize billions spent on VR

Meta’s Mark Zuckerberg said WhatsApp and Messenger will drive the company’s sales growth – although the company has invested at least $36 billion in the Metaverse. In a company-wide meeting on Thursday, he described the two apps as “very early in monetization” compared to the massive cash flow generated by advertising on Facebook and Instagram. …

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Americans have been warned to prepare for the highest Thanksgiving gas prices EVER as millions hit the road

Americans have been warned to prepare for the highest Thanksgiving gas prices EVER as millions hit the road

Americans could face the highest gas prices ever for the Thanksgiving holiday season, as millions prepare to hit the road amid still-high prices and inflation. The national average price of a gallon of gasoline is expected to hit $3.68 next Thursday, November 24, as Americans gear up for the holiday. That number is 30 cents …

Americans have been warned to prepare for the highest Thanksgiving gas prices EVER as millions hit the road Read More »