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How is Musk doing at Twitter? Why are EVs getting bigger? And why so many meetings?!

3 years 7 months ago
In this week's "Nightcap," The New York Times reporter Mike Isaac evaluates Elon Musk's first 100 days at Twitter. Curbed writer Alissa Walker explains the issue with EVs getting bigger. And UNC Charlotte professor Steven Rogelberg explains to CNN's Jon Sarlin how to combat the trend of too many meetings. To get the day's business headlines sent directly to your inbox, sign up for the Nightcap newsletter.

Mortgage rates jump to 6.32%

3 years 7 months ago
Mortgage rates climbed higher for the second consecutive week, following four weeks of declines. Inflation is running hotter, making rates more volatile, with the expectation that they will move in the 6% to 7% range over the next few weeks.

Household debt hits record $16.9 trillion

3 years 7 months ago
Americans continued to add to their debt at the end of last year — and grew their credit card balances at record rates, according to data released Thursday by the Federal Reserve Bank of New York.
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