Home Design beds sold at Walmart, Wayfair, Overstock recalled

Home Design beds sold at Walmart, Wayfair, Overstock recalled

More than 580,000 beds sold at retailers including Walmart, Wayfair and Overstock.com have been recalled over reports that they break during use. The Consumer Product Safety Commission said in a recall notice posted Thursday that upholstered platform bed frames made by Home Design Inc. “can sag or collapse during use, posing fall and injury hazards…

OpenAI CEO Sam Altman shrugs off NY Times copyright lawsuit

OpenAI CEO Sam Altman shrugs off NY Times copyright lawsuit

OpenAI CEO Sam Altman insisted he’s not concerned about a copyright infringement lawsuit filed by The New York Times alleging that his company has used the newspaper’s content to train its AI models. At the World Economic Forum in Davos, Switzerland, on Thursday, Altman claimed OpenAI was not concerned about a lawsuit brought by The…

S&P 500 hits a record high after two years of high inflation, recession worries

S&P 500 hits a record high after two years of high inflation, recession worries

Wall Street returned to record heights Friday to cap a punishing, two-year round trip dogged by high inflation and worries about a recession that seemed inevitable but hasn’t arrived. The S&P 500, which is the centerpiece of many 401(k) accounts and the main measure that professional investors use to gauge Wall Street’s health, rallied 1.2%…

Google employees blast ‘profoundly boring’ management which lacks ‘visionary leader’ amid layoffs

Google employees blast ‘profoundly boring’ management which lacks ‘visionary leader’ amid layoffs

Angry Googlers are finished being nice. Current and former employees of the tech behemoth took to LinkedIn to vent their frustrations at the way management has handled the most recent round of layoffs — with one software engineer blasting higher-ups as lacking “one single visionary leader.” “From the C-suite to the SVPs to the VPs,…

JetBlue, Spirit Airlines to appeal judge’s ruling that blocked $3.8B merger

JetBlue, Spirit Airlines to appeal judge’s ruling that blocked $3.8B merger

JetBlue Airways and Spirit Airlines said Friday they will appeal a federal judge’s ruling that blocked the air carriers’ planned tie-up because the proposed merger would violate US antitrust law. The appeal came after US District Judge William Young in Boston on Tuesday sided with the Department of Justice in holding that JetBlue’s planned $3.8 billion acquisition of ultra-low-cost carrier Spirit was anti-competitive…

JetBlue, Spirit Airlines to appeal judge’s ruling that blocked $3.8B merger

JetBlue, Spirit Airlines to appeal judge’s ruling that blocked $3.8B merger

JetBlue Airways and Spirit Airlines said Friday they will appeal a federal judge’s ruling that blocked the air carriers’ planned tie-up because the proposed merger would violate US antitrust law. The appeal came after US District Judge William Young in Boston on Tuesday sided with the Department of Justice in holding that JetBlue’s planned $3.8 billion acquisition of ultra-low-cost carrier Spirit was anti-competitive…

Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Owning a home with three or more bedrooms is a lot more difficult for young families these days than it used to be. Baby boomers with no kids at home now own twice the share of large homes than millennials with children, which is a significant shift from just 10 years prior, according to data…

Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Owning a home with three or more bedrooms is a lot more difficult for young families these days than it used to be. Baby boomers with no kids at home now own twice the share of large homes than millennials with children, which is a significant shift from just 10 years prior, according to data…

Is This Really ‘the Worst Time to Buy a Home’?

Is This Really ‘the Worst Time to Buy a Home’?

For four years now, the housing market has defied all logic. A global pandemic didn’t collapse prices, but sent them soaring to new heights. Last year, mortgage rates hit a 23-year high and sales plummeted. Even so, home prices stubbornly kept rising, creating the most unaffordable housing market in generations. This year offers a new…

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